Sherman Lake Ymca Outdoor Center
- Assets
- $16.3m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 194
- Location
- Augusta, MI
- Founding
- 03/2017
- Data as of
- 12/2021
- EIN
- 38-3167869
Organization Overview
Sherman Lake Ymca Outdoor Center is located in Augusta, MI. The organization was established in 2017. According to its NTEE Classification (P27) the organization is classified as: Young Mens or Womens Associations, under the broad grouping of Human Services and related organizations. As of 12/2021, Sherman Lake YMCA Outdoor Center employed 194 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sherman Lake YMCA Outdoor Center 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 12/2021, Sherman Lake YMCA Outdoor Center generated $3.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. 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
THE SHERMAN LAKE YMCA OUTDOOR CENTER PUTS HONESTY, CARING, RESPECT, AND RESPONSIBILITY INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PUT HONESTY, CARING, RESPECT, AND RESPONSIBILITY INTO PRACTICE THROUGH VARIOUS HEALTH AND FITNESS RELATED ACTIVITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $11,323 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $541,602 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $552,925 |
| Total Program Service Revenue | $2,248,948 |
| Investment income | $14,599 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,200 |
| Net Income from Fundraising Events | -$4,872 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $10,418 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,494,214 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $109,180 |
| Compensation of current officers, directors, key employees. | $65,508 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $868,460 |
| Pension plan accruals and contributions | $79,746 |
| Other employee benefits | $65,533 |
| Payroll taxes | $87,099 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,015 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $37,803 |
| Advertising and promotion | $45,650 |
| Office expenses | $9,065 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $693,563 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,857 |
| Payments to affiliates | $22,790 |
| Depreciation, depletion, and amortization | $667,963 |
| Insurance | $59,050 |
| All other expenses | $103,939 |
| Total functional expenses | $3,164,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,767,202 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $166,361 |
| Accounts receivable, net | $234,336 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $45,181 |
| Net Land, buildings, and equipment | $11,471,716 |
| Investments—publicly traded securities | $1,170,537 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $418,148 |
| Total assets | $16,273,481 |
| Accounts payable and accrued expenses | $110,106 |
| Grants payable | $0 |
| Deferred revenue | $38,650 |
| 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 | $225,457 |
| Total liabilities | $374,213 |
| Net assets without donor restrictions | $14,200,787 |
| Net assets with donor restrictions | $1,698,481 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $16,273,481 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Sherman Lake Ymca Outdoor Center has recieved totaling $236,466.
| Awarding Organization | Amount |
|---|---|
National Council Of Young Mens Christian Assns Of The Usa Chicago, IL PURPOSE: Program Support | $68,522 |
Battle Creek Community Foundation Battle Creek, MI PURPOSE: RECREATION, LEISURE & SPORTS, ATHLETICS | $49,870 |
Preston S And Barbara J Parish Foundation Hickory Corners, MI PURPOSE: GENERAL | $25,000 |
United Way Of South Central Michigan Kalamazoo, MI PURPOSE: DISASTER RELIEF | $20,000 |
Enna Foundation C/O Greenleaf Trust Kalamazoo, MI PURPOSE: ANNUAL OPERATING | $20,000 |
Drive For Life Kalamazoo, MI PURPOSE: OPERATIONS | $12,000 |
Endowment Analysis
| Beg. Balance | $365,805 |
| Earnings | $63,747 |
| Admin Expense | $2,171 |
| Grants | $9,233 |
| Ending Balance | $418,148 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ymca Of Central Stark County Canton, OH | $58,009,941 | $20,495,063 |
Young Mens Christian Association Of Akron Ohio Akron, OH | $27,366,735 | $11,987,882 |
Ralph J Stolle Countryside Ymca Of Warren County Lebanon Ohio Lebanon, OH | $28,896,858 | $12,691,382 |
Crossroads Young Mens Christian Association Inc Crown Point, IN | $71,317,321 | $30,163,640 |
Young Mens Christian Association Of Metropolitan Milwaukee Milwaukee, WI | $20,955,998 | $11,459,686 |
The Great Miami Valley Ymca Hamilton, OH | $35,660,589 | $12,641,219 |
Young Mens Christian Association Kettle Moraine West Bend, WI | $16,462,834 | $12,846,603 |
Greater Green Bay Ymca Inc Green Bay, WI | $34,883,191 | $12,024,473 |
Young Mens Christian Association Youngstown Oh Youngstown, OH | $43,583,414 | $12,607,205 |
La Crosse Area Family Y M C A Inc La Crosse, WI | $28,629,813 | $12,107,335 |
Young Womens Christian Association Columbus, OH | $21,346,616 | $10,177,398 |
Young Mens Christian Association Of Dane County Inc Madison, WI | $16,378,728 | $13,253,991 |