Young Womens Christian Association Of Winston-Salem & Forsyth County
- Assets
- $1.4m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 113
- Location
- Winstonsalem, NC
- Founding
- 09/1942
- Data as of
- 06/2021
- EIN
- 56-0564345
Organization Overview
Young Womens Christian Association Of Winston-Salem & Forsyth County is located in Winstonsalem, NC. The organization was established in 1942. 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 06/2021, Young Womens Christian Association Of Winston-Salem & Forsyth County employed 113 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Womens Christian Association Of Winston-Salem & Forsyth County 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, Young Womens Christian Association Of Winston-Salem & Forsyth County generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $2.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 6 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
TO ASSIST COMMUNITY NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH, FITNESS, AND YOUTH SPORTS: INVOLVES INSTRUCTION IN PHYSICAL FITNESS, NAUTILUS, AQUATICS, AEROBIC EXERCISE, AND VARIOUS ACTIVITIES.
BEST CHOICE CENTER: AN AFTER-SCHOOL PROGRAM FOR CHILDREN IN GRADES K-5. ACTIVITIES INCLUDE HOMEWORK SUPERVISION, GROUP GAMES, AND ART/CRAFT PROJECTS.
SAFE & HEALTHY LIVING: ENCOMPASSES SEMINARS AND CLASSES ON ISSUES AFFECTING THE FAMILY AND MINORITIES, AS WELL AS SUPPORT GROUPS FOR FORMERLY INCARCERATED WOMEN AND THEIR FAMILIES.
YOUTH INTERVENTION SERVICES: PROGRAM TO HELP TROUBLED CHILDREN REDIRECT THEIR LIVES. IT GIVES THE JUDICIAL SYSTEM AND THE COMMUNITY ALTERNATIVES TO IMPRISONING YOUTH OFFENDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christy Respess Executive Di | Officer | 40 | $105,516 |
Romaine Sargent President | OfficerTrustee | 1 | $0 |
Dr Jamehl Demons Shegog Vice Preside | OfficerTrustee | 1 | $0 |
Angie Ferree Treasurer | OfficerTrustee | 1 | $0 |
Sarah Crotts Secretary | OfficerTrustee | 1 | $0 |
Drewry Nostitz Emeritus Dir | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $492,030 |
| Membership dues | $0 |
| Fundraising events | $62,500 |
| Related organizations | $0 |
| Government grants | $171,552 |
| All other contributions, gifts, grants, and similar amounts not included above | $329,271 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,055,353 |
| Total Program Service Revenue | $293,270 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$938 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,349,703 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $890 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $113,690 |
| Compensation of current officers, directors, key employees. | $20,464 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $867,985 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $146,844 |
| Payroll taxes | $73,626 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $204,390 |
| Advertising and promotion | $0 |
| Office expenses | $86,584 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $250,523 |
| Travel | $26,035 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $654 |
| Interest | $5,727 |
| Payments to affiliates | $17,442 |
| Depreciation, depletion, and amortization | $81,290 |
| Insurance | $0 |
| All other expenses | $4,135 |
| Total functional expenses | $1,954,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $253,925 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $172,264 |
| Accounts receivable, net | $79,278 |
| 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 | $16,367 |
| Net Land, buildings, and equipment | $826,121 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $68,954 |
| Total assets | $1,416,909 |
| Accounts payable and accrued expenses | $245,018 |
| Grants payable | $0 |
| Deferred revenue | $2,649 |
| 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 | $667,678 |
| Other liabilities | $17,611 |
| Total liabilities | $932,956 |
| Net assets without donor restrictions | $256,309 |
| Net assets with donor restrictions | $227,644 |
| 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 | $1,416,909 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Young Womens Christian Association Of Winston-Salem & Forsyth County has recieved totaling $774,425.
| Awarding Organization | Amount |
|---|---|
United Way Of Forsyth County Inc Winstonsalem, NC PURPOSE: GENERAL SUPPORT | $468,078 |
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 20 GRANT(S) FOR VARYING PURPOSES | $88,298 |
Herbalife Nutrtion Foundation Los Angeles, CA PURPOSE: NUTRITION | $50,000 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $50,000 |
Forsyth Memorial Hospital Inc Winston Salem, NC PURPOSE: COMMUNITY OUTREACH | $30,000 |
Arbor Acres United Methodist Retirement Community Inc Winstonsalem, NC PURPOSE: OPERATIONAL SUPPORT | $30,000 |
Endowment Analysis
| Beg. Balance | $54,451 |
| Earnings | $13,161 |
| Other Expense | $968 |
| Ending Balance | $66,644 |