Ymca Of Greater High Point Foundation Inc
- Assets
- $2.5m
- Revenue
- $161.9k
- Investments
- $0.0
- Employees
- 0
- Location
- High Point, NC
- Founding
- 12/2013
- Data as of
- 12/2021
- EIN
- 46-3182168
Organization Overview
Ymca Of Greater High Point Foundation Inc is located in High Point, NC. The organization was established in 2013. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. YMCA Of Greater High Point 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 12/2021, YMCA Of Greater High Point Foundation Inc generated $161.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $64.3k during the year ending 12/2021. While expenses have increased by 2.2% 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 PUT CHRISTIAN PRINCIPLES INTO PRACTICE THOUGH PROGRAMS THAT BUILD A HEALTHY SPIRIT, MIND AND BODY FOR ALL. THE YMCA IS AN INCLUSIVE ORGANIZATION THAT SERVES ALL AGES, ABILITIES, INCOME, RACES AND RELIGIONS. REGARDLESS OF THE INDIVIDUAL'S ABILITY TO PAY, THE YMCA PROVIDES PROGRAMS AND SERVICES FOCUSED ON YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY. GOVERNED BY A BOARD OF DIRECTORS COMPRISED OF LOCAL VOLUNTEERS, THE YMCA SERVES AS A COMMUNITY RESOURCE FOR YOUTH, ADULTS , SENIORS AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OVERSEE THE YMCA OF HIGH POINT'S ENDOWMENT FUNDS AND INVESTMENT ACCOUNTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,102 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,102 |
| Total Program Service Revenue | $0 |
| Investment income | $65,624 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $39,135 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $161,861 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| 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 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 | $14,262 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $64,262 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $216 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,445,057 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $48,038 |
| Total assets | $2,493,311 |
| 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 | $1,675,110 |
| Net assets with donor restrictions | $818,201 |
| 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 | $2,493,311 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ymca Of Greater High Point Foundation Inc has recieved totaling $401,170.
| Awarding Organization | Amount |
|---|---|
Earl And Kathryn Congdon Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $401,170 |
Endowment Analysis
| Beg. Balance | $784,596 |
| Net Contributions | $33,575 |
| Ending Balance | $818,171 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Young Mens Christian Association Of East Tennessee Inc Knoxville, TN | $20,183,837 | $10,961,650 |
Young Mens Christian Association-Columbia Columbia, SC | $23,245,455 | $9,771,976 |
Young Mens Christian Association Of Central Virgina Lynchburg, VA | $23,023,052 | $16,595,252 |
Rowan-Cabarrus Young Mens Christian Association Salisbury, NC | $32,001,921 | $10,260,216 |
Armed Services Ymca Of The Usa Woodbridge, VA | $35,722,939 | $11,255,609 |
Young Mens Christian Association Of High Point High Point, NC | $29,029,178 | $9,881,519 |
Young Mens Christian Association Of Greater Spartanburg Spartanburg, SC | $23,573,912 | $9,836,958 |
Piedmont Family Young Mens Christian Association Inc Charlottesville, VA | $20,942,292 | $7,870,884 |
Ymca Of Catawba Valley Hickory, NC | $21,778,209 | $11,490,922 |
Gaston County Family Ymca Gastonia, NC | $28,027,430 | $5,981,734 |
Pickens County Young Mens Christian Association Easley, SC | $17,456,003 | $8,232,843 |
Ywca Nashville & Middle Tennessee Nashville, TN | $11,658,509 | $7,633,838 |