Virginia Young Mens Christian Association Inc
- Assets
- $555.9k
- Revenue
- $126.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Lynchburg Va, VA
- Founding
- 01/1973
- Data as of
- 06/2022
- EIN
- 54-0881950
Organization Overview
Virginia Young Mens Christian Association Inc is located in Lynchburg Va, VA. The organization was established in 1973. 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 06/2022, Virginia Young Mens Christian Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Young Mens Christian Association 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 06/2022, Virginia Young Mens Christian Association Inc generated $126.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $287.1k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES MIDDLE AND HIGH SCHOOL STUDENT WITH OPPORTUNITIES FOR LEADERSHIP DEVELOPMENT, COMMUNITY, SERVICE, CIVIC ENGAGEMENT, AND CHARACTER DEVELOPMENT. TEACHES VIRGINIA GOVERNMENT THROUGH MODEL GENERAL ASSEMBLY, MODEL JUDICIARY PROGRAM, AND OTHER SIMILAR PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VAYMCA PROVIDES TRAINING FOR TEACHERS/SPONSORS OF THE CLUBS. AS AN EXTENSION OF THE CLUBS, THEY OPERATE MODEL GOVERNMENTS PROGRAMS TO TEACH STUDENTS ABOUT STATE GOVERNMENT AND ABOUT LEADERSHIP. THE MODEL GENERAL ASSEMBLY IS A STATE-WIDE YOUTH LEGISLATURE PROGRAM FOR HIGH SCHOOL STUDENTS ASSISTED BY MEMBERS OF THE VIRGINIA GENERAL ASSEMBLY AND STAFF MEMBERS FROM THE HOUSE AND SENATE CLERK'S OFFICES, STUDENTS PLAY THE ROLES OF SENATORS, DELEGATES, OFFICERS, PAGES, LOBBYISTS, AND REPORTER. THEY DEBATE PROPOSED CHANGES TO VIRGINIA LAW IN COMMITTEES AND ON THE FLOORS OF THE HOUSE AND SENATE. MGA IS A HANDS-ON, LEARNING-BY-DOING EXERCISE. THE MODEL JUDICIARY PROGRAM ALLOWS STUDENTS TO UNDERSTAND VIRGINIA'S JUDICIAL SYSTEM THROUGH A SERIES OF MOCK TRIALS AND APPEALS. TEEN LEADERSHIP CONFERENCES ARE ONE-DAY, MINI-VERSIONS OF THE MODEL GENERAL ASSEMBLY DESIGNED FOR MIDDLE SCHOOL STUDENTS. SCHOLARSHIP ASSISTANCE IS AVAILABLE ON AN AS-NEEDED BASIS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Davies Executive Director | OfficerTrustee | 45 | $66,096 |
Thomas Webb President | OfficerTrustee | 2 | $0 |
Mark Mingee Vice President | OfficerTrustee | 2 | $0 |
Ken Warf Treasurer | OfficerTrustee | 2 | $0 |
Kathy Habeeb Director | Trustee | 2 | $0 |
Gordon Vincent Director | Trustee | 2 | $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 | $1,928 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,928 |
| Total Program Service Revenue | $116,092 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,000 |
| 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 | $126,020 |
| 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. | $66,096 |
| Compensation of current officers, directors, key employees. | $3,966 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,135 |
| Pension plan accruals and contributions | $11,989 |
| Other employee benefits | $34,502 |
| Payroll taxes | $7,973 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,500 |
| 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 | $5,334 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,534 |
| Travel | $10,172 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $73,545 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,555 |
| Insurance | $3,399 |
| All other expenses | $0 |
| Total functional expenses | $287,133 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,585 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,872 |
| Net Land, buildings, and equipment | $22,473 |
| Investments—publicly traded securities | $486,005 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $555,935 |
| Accounts payable and accrued expenses | $1,529 |
| Grants payable | $0 |
| Deferred revenue | $10,000 |
| 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 | $3,339 |
| Total liabilities | $14,868 |
| Net assets without donor restrictions | $435,206 |
| Net assets with donor restrictions | $105,861 |
| 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 | $555,935 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Virginia Young Mens Christian Association Inc has recieved totaling $47.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $47 |
Endowment Analysis
| Beg. Balance | $731,356 |
| Earnings | -$78,364 |
| Other Expense | $166,987 |
| Ending Balance | $486,005 |