Waynesboro Ymca Foundation Inc
- Assets
- $3.5m
- Revenue
- $585.1k
- Investments
- $51.9k
- Employees
- 0
- Location
- Waynesboro, VA
- Founding
- 03/2006
- Data as of
- 06/2021
- EIN
- 20-2650344
Organization Overview
Waynesboro Ymca Foundation Inc is located in Waynesboro, VA. The organization was established in 2006. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waynesboro YMCA Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Waynesboro YMCA Foundation Inc generated $585.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.0% each year . All expenses for the organization totaled $67.8k during the year ending 06/2021. While expenses have increased by 10.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FINANCIAL SUPPORT FOR THE YMCA OF WAYNESBORO VA, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WAYNESBORO YMCA FOUNDATION INC IS A TYPE 1 SUPPORTING ORGANIZATION ESTABLISHED TO PROVIDE AN ADDITIONAL STREAM OF REVENUE FOR THE LONG RANGE SUPPORT AND STABILITY OF THE MISSION OF THE YMCA OF WAYNESBORO VA, INC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey D Fife Exec Director | Officer | 10 | $0 |
Tripp Franklin President | Trustee | 1 | $0 |
Don Weaver Vice President | Trustee | 1 | $0 |
Burnie Powers Treasurer | Trustee | 11 | $0 |
Lindsey Woodworth Secretary | Trustee | 1 | $0 |
Chad Hatter Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,220 |
| Investment income | $29,234 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $585,058 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $66,842 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $67,810 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $22,051 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $37,292 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $3,426,336 |
| Investments—other securities | $51,889 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,537,568 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $3,537,568 |
Grants Awarded
Over the last fiscal year, Waynesboro Ymca Foundation Inc has awarded $66,842 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Waynesboro, VA PURPOSE: GENERAL SUPPORT | $42,500 |
Waynesboro, VA PURPOSE: CAPITAL IMPROVEMENTS | $24,342 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Waynesboro Ymca Foundation Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: FOR GRANT RECIPIENT'S EXEMPT PURPOSES | $10,000 |
Endowment Analysis
| Beg. Balance | $601,611 |
| Ending Balance | $601,611 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Carolina Museum Of Art Foundation Inc Raleigh, NC | $80,876,506 | $13,828,837 |
Virginia Foundation For Public Media Richmond, VA | $185,376,659 | $5,025,363 |
Commonwealth Fund For Ket Inc Lexington, KY | $35,205,433 | $8,912,254 |
Memphis Brooks Museum Of Art Inc Memphis, TN | $44,232,792 | $7,821,496 |
Marbles Kids Museum Raleigh, NC | $8,790,326 | $3,967,863 |
Friends Of Nc State Museum Of Natural Sciences Raleigh, NC | $9,967,287 | $3,956,524 |
Centennial Park Conservancy Nashville, TN | $5,267,235 | $2,768,009 |
Mpt Foundation Inc Owings Mills, MD | $15,645,200 | $7,324,843 |
Jefferson Center Foundation Ltd Roanoke, VA | $24,079,593 | $2,456,793 |
Frist Art Museum Foundation Nashville, TN | $70,216,759 | $5,732,814 |
National Cryptologic Foundation Inc Glen Burnie, MD | $20,609,005 | $4,032,571 |
Kentucky Center For The Arts Foundation Inc Louisville, KY | $30,636,023 | $2,303,018 |