Young Womens Christian Association Of The Central Carolinas Inc
- Assets
- $26.4m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 87
- Location
- Charlotte, NC
- Founding
- 10/1969
- Data as of
- 06/2022
- EIN
- 56-0532139
Organization Overview
Young Womens Christian Association Of The Central Carolinas Inc is located in Charlotte, NC. The organization was established in 1969. 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, Young Womens Christian Association Of The Central Carolinas Inc employed 87 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Womens Christian Association Of The Central Carolinas 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, Young Womens Christian Association Of The Central Carolinas Inc generated $4.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $3.2m during the year ending 06/2022. While expenses have increased by 0.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
YWCA CENTRAL CAROLINAS IS DEDICATED TO ELIMINATING RACISM, EMPOWERING WOMEN AND PROMOTING PEACE, JUSTICE, FREEDOM, AND DIGNITY FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH PROGRAMSYWCA CENTRAL CAROLINAS YOUTH PROGRAMS PROVIDE YEAR-ROUND AFTERSCHOOL AND FULL DAY SUMMER PROGRAMMING FOR OVER 130 YOUTH IN KINDERGARTEN THROUGH 5TH GRADE AT NO COSTS TO THEIR FAMILIES. WE SERVE YOUTH THROUGHOUT MECKLENBURG AND UNION COUNTIES IN PUBLIC HOUSING COMMUNITIES, COUNTY PARK AND RECREATION FACILITIES, PUBLIC SCHOOLS AND YWCAS BUILDING. THE PURPOSE OF THE PROGRAM IS IMPROVING ACADEMICS WITH A FOCUS ON LITERACY, KEEPING CHILDREN IN POSITIVE, SAFE ENVIRONMENTS, AND PROVIDING HOLISTIC SUPPORT THAT MEETS THE NEEDS OF STUDENTS FAMILIES AND ENCOURAGES PARENT ENGAGEMENT. YWCA WAS EXCITED TO WELCOME OUR STUDENTS BACK FOR IN-PERSON INSTRUCTION THIS YEAR IN ALL EIGHT OF OUR YOUTH LEARNING CENTERS AT A REDUCED CAPACITY. DURING THE 2021-2022 SCHOOL YEAR, 46% OF STUDENTS INCREASED AND OR MAINTAINED THEIR READING LEVEL IF ALREADY ON GRADE LEVEL WHILE ENROLLED.
WOMEN IN TRANSITION PROVIDES SAFE, AFFORDABLE HOUSING AND COMPREHENSIVE SUPPORT SERVICES FOR WOMEN EACH DAY WHO HAVE EXPERIENCED HOMELESSNESS OR HOUSING INSECURITY. PARTICIPANTS MUST EARN LESS THAN 50% OF AREA MEDIAN INCOME ($33,000 FOR A FAMILY OF ONE) AT PROGRAM ENTRY. PARTICIPANTS WORK 1:1 WITH A PARTICIPANT ADVOCATE TO CREATE A PLAN UPON ENTERING THE PROGRAM WHICH INCLUDES THE GOALS THE PARTICIPANT SETS AND HOW PROGRESS OF THOSE GOALS WILL BE MEASURED. EVERY PARTICIPANT HAS ONE HOUSING AND ONE BUDGET GOAL BUT CAN IDENTIFY OTHER GOALS RELATED TO HEALTH AND WELLNESS, CAREER/EMPLOYMENT, SOBRIETY/RECOVERY, ETC. WIT PROVIDES HOUSING FOR UP TO 66 WOMEN EVERY DAY AND SERVES OVER 100 ANNUALLY. IN 2021-22, 71% OF PROGRAM GRADUATES EXITED THE PROGRAM INTO PERMANENT HOUSING, AND 95% ESTABLISHED/MAINTAINED FINANCIAL STABILITY.
FITNESSYWCAS SARAH BELK GAMBRELL HEALTH AND FITNESS CENTER PROVIDES HEALTH AND FITNESS ACTIVITIES TO OVER 700 COMMUNITY MEMBERS, INCLUDING PARTICIPANTS IN OUR TRANSITIONAL HOUSING PROGRAMS AND YOUTH PROGRAMS. THE CENTER FEATURES A HEATED INDOOR POOL, WEIGHT AND CARDIO FACILITIES, WATER AND LAND-BASED FITNESS CLASSES, AN OUTDOOR FITNESS TRAIL AND ACCESS TO PERSONAL TRAINING SERVICES. IN ADDITION, SPECIALTY PROGRAMMING INCLUDING FEE-BASED SWIM LESSONS AND A FEE-BASED SWIM TEAM GENERATE ADDITIONAL INCOME FOR THE CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kirsten D Sikkelee Executive Dir. | Officer | 50 | $147,702 |
Camilla Robinson Cfo/coo | 50 | $110,543 | |
Laurie Guy Treasurer | OfficerTrustee | 2 | $0 |
Brittany Conner President Elect | OfficerTrustee | 2 | $0 |
Shelley Smith President | OfficerTrustee | 2 | $0 |
Sherri York Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $276,174 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $401,015 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,878,651 |
| Noncash contributions included in lines 1a–1f | $6,941 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,555,840 |
| Total Program Service Revenue | $629,244 |
| Investment income | $148,995 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,794 |
| Net Gain/Loss on Asset Sales | $156,514 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,500,841 |
| 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. | $167,175 |
| Compensation of current officers, directors, key employees. | $33,435 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,411,108 |
| Pension plan accruals and contributions | $41,310 |
| Other employee benefits | $84,556 |
| Payroll taxes | $117,499 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,710 |
| Fees for services: Accounting | $14,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $48,353 |
| Fees for services: Other | $212,263 |
| Advertising and promotion | $500 |
| Office expenses | $7,763 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $600,550 |
| Travel | $1,884 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $43,464 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $226,342 |
| Insurance | $56,316 |
| All other expenses | $70,003 |
| Total functional expenses | $3,198,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $534,031 |
| Savings and temporary cash investments | $5,496,145 |
| Pledges and grants receivable | $7,975,305 |
| Accounts receivable, net | $263,503 |
| 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 | $2,606 |
| Net Land, buildings, and equipment | $5,031,990 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,081,618 |
| Total assets | $26,385,198 |
| Accounts payable and accrued expenses | $762,185 |
| Grants payable | $0 |
| Deferred revenue | $49,468 |
| 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 | $639,610 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,451,263 |
| Net assets without donor restrictions | $10,967,075 |
| Net assets with donor restrictions | $13,966,860 |
| 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 | $26,385,198 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Young Womens Christian Association Of The Central Carolinas Inc has recieved totaling $1,633,890.
| Awarding Organization | Amount |
|---|---|
Gambrell Foundation Charlotte, NC PURPOSE: GENERAL PURPOSE | $1,000,000 |
United Way Of Greater Charlotte Charlotte, NC PURPOSE: PROGRAM OPERATING COSTS; DONOR DESIGNATED 3RD PARTY FOR PROGRAM OPERATING COSTS | $362,206 |
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $156,301 |
Crosland Foundation Charlotte, NC PURPOSE: SEE PART IV | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $20,400 |
The Duke Energy Foundation Charlotte, NC PURPOSE: VIBRANT ECONOMIES | $20,000 |
Endowment Analysis
| Beg. Balance | $8,657,675 |
| Earnings | -$1,027,705 |
| Admin Expense | $48,353 |
| Other Expense | $500,000 |
| Ending Balance | $7,081,617 |