J Smith Young Ymca Inc is located in Lexington, NC. The organization was established in 1959. 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, J Smith Young YMCA Inc employed 167 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. J Smith Young YMCA 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, J Smith Young YMCA Inc generated $2.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND, AND BODY FOR ALL.
Describe the Organization's Program Activity:
HEALTH LIVING: IN ACCORDANCE WITH THE MISSION STATEMENT OF THE YMCA, A HEALTHY PERSON HAS A HEALTHY BODY, MIND AND SPIRIT. OUR HEALTH AND WELL BEING PROGRAMS ARE DESIGNED TO HELP PEOPLE DEVELOP NEW SKILLS AND GROW IN SPIRIT, MIND AND BODY BY SETTING REALISTIC GOALS FOR SELF IMPROVEMENT AND DISEASE PREVENTION THROUGH AN ACTIVE LIFESTYLE, PROPER NUTRITION, STRESS MANAGEMENT, AND HEALTH EDUCATION. YMCA PROGRAMS PROMOTE INTERACTION, TEAMWORK, AND DEVELOPMENT OF MORAL AND ETHICAL BEHAVIOR, SOCIAL SKILLS AND SELF ESTEEM. WE SERVE ALL AGES, RACES, NATIONALITIES AND RELIGIONS AND PROVIDE FINANCIAL ASSISTANCE TO THOSE WHO NEED IT. IN 2021, WE SERVED 562 MEMBERS AND HAD 164,685 VISITS TO OUR FACILITY. IN 2021 WE PROVIDED FINANCIAL ASSISTANCE IN THE AMOUNT OF $31,475.
YOUTH DEVELOPMENT OUR CHILDCARE PROGRAMS OFFER HIGH QUALITY CHILD CARE ACTIVITIES FOR SCHOOL AGE CHILDREN FROM ALL SEGMENTS OF OUR COMMUNITY AT FOURTEEN SCHOOL SITES. WE OFFER A VARIETY OF CHILDCARE PROGRAMS, BOTH FULL AND PART-TIME, WHICH PROVIDE A SAFE AND NURTURING ENVIRONMENT WHERE YOUTH CAN DEVELOP SELF-ESTEEM, GOOD VALUES AND AN APPRECIATION OF CHARITABLE SERVICE. IN ACCORDANCE WITH THE YMCA MISSION, OUR CHILDCARE PROGRAMS HAVE A COMMITMENT TO STRENGTHENING FAMILIES, PROVIDING PROGRAMS THAT FOSTER GROWTH AND DEVELOPMENT OF THE ENTIRE FAMILY. OUR PROGRAMS ENABLE PARENTS TO WORK OR FURTHER THEIR EDUCATION, WHILE KNOWING THEIR CHILDREN ARE SAFE AND BEING PROVIDED PROGRAMS AND SUPPORT TO PROMOTE CHILDREN THAT ARE HAPPY AND HEALTHY IN SPIRIT, MIND AND BODY. IN 2021, WE SERVED 144 CHILDREN AT 9 SITES, OPERATED SUMMER CAMP PROGRAMS THAT SERVED 144 CHILDREN AT 3 SITES AND PROVIDED FINANCIAL ASSISTANCE IN THE AMOUNT OF $77,360. OUR YOUTH SPORTS PROGRAMS OFFER HIGH QUALITY SPORTS ACTIVITIES FOR SCHOOL AGE CHILDREN FROM OUR COMMUNITY. WE PROVIDE ADULT VOLUNTEERS THAT SERVE AS ROLE MODELS AND MENTORS TO OUR CHILDREN. THE TEACHINGS OF CHARACTER VALUES OF HONESTY, CARING, RESPONSIBILITY, RESPECT AND FAITH ARE INTEGRATED INTO ALL SPORTS PROGRAMS WHILE PROMOTING AN APPRECIATION OF ONE'S OWN WORTH. YOUTH SPORTS PROGRAMS FOCUS ON THE FULL AND EQUAL PARTICIPATION OF ALL CHILDREN. YMCA YOUTH PROGRAMS ALSO HELP TO STRENGTHEN FAMILIES. PARENTS AND SIBLINGS AND EXTENDED FAMILY MEMBERS SUPPORT THE CHILDREN BY COACHING TEAMS OR ATTENDING SPORTING EVENTS. YOUNG PEOPLE PARTICIPATING IN SPORTS BUILD LIFELONG POSITIVE ATTITUDES, HABITS OF HEALTHY EXERCISE AND GOOD NUTRITION. THE YMCA SPORTS PROGRAMS VALUE COOPERATION OVER COMPETITION AND FAIR PLAY OVER WINNING. THE YMCA KNOWS THAT WITH THIS APPROACH EVERYONE WINS. IN 2021, WE SERVED APPROXIMATELY 144 CHILDREN.
SOCIAL RESPONSIBILITY THE YMCA PROMOTES COMMUNITY DEVELOPMENT THROUGH DELIVERY OF TRAINING, RESOURCES AND SUPPORT THAT EMPOWER OUR NEIGHBORS TO EFFECT CHANGE, BRIDGE GAPS, AND OVERCOME OBSTACLES. OUR YMCA FACILITY SERVES AS A COMMUNITY CENTER, PROVING MEETING SPACE AND RECREATION FOR CIVIC GROUPS, HIGH SCHOOL SWIM TEAMS, AND SPECIAL NEEDS PROGRAMS FOR OUR LOCAL SCHOOLS. WE ENGAGE YMCA MEMBERS, PARTICIPANTS AND VOLUNTEERS IN ACTIVITIES THAT STRENGTHEN OUR COMMUNITY AND PAVE THE WAY FOR FUTURE GENERATIONS TO THRIVE. OUR YMCA'S SPONSORS PROGRAMS SUCH AS CHILD ABUSE PREVENTION, SPECIAL OLYMPICS, AND VARIOUS FUNDRAISERS THAT SUPPORT DISEASE PREVENTION AND TREATMENT. OUR FACILITY PROVIDES COMMUNITY RECREATION OPPORTUNITIES THROUGH NUMEROUS PROGRAMS INCLUDING BOWLING AND DINING SERVICES. WE ALSO PROVIDE TEAM BUILDING FACILITIES FOR THE CORPORATIONS, SCHOOLS AND CHURCHES GROUPS IN AN EFFORT TO BUILD STRONG COMMUNITIES. IN 2020, WE SERVED NUMEROUS CIVIC GROUPS IN OUR COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $40,000 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $266,495 |
All other contributions, gifts, grants, and similar amounts not included above | $320,525 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $627,020 |
Total Program Service Revenue | $1,274,698 |
Investment income | $13,145 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $118,581 |
Net Income from Fundraising Events | $4,413 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $35,224 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,073,081 |
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. | $173,620 |
Compensation of current officers, directors, key employees. | $68,734 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $343,683 |
Pension plan accruals and contributions | $27,213 |
Other employee benefits | $42,511 |
Payroll taxes | $63,194 |
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 | $88,652 |
Advertising and promotion | $11,811 |
Office expenses | $59,462 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $334,774 |
Travel | $3,299 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,793 |
Interest | $7,931 |
Payments to affiliates | $23,368 |
Depreciation, depletion, and amortization | $208,574 |
Insurance | $42,801 |
All other expenses | $0 |
Total functional expenses | $1,443,647 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $625 |
Savings and temporary cash investments | $473,024 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $364,371 |
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 | $2,687,658 |
Investments—publicly traded securities | $1,292,353 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,818,031 |
Accounts payable and accrued expenses | $53,147 |
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 | $187,354 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $240,501 |
Net assets without donor restrictions | $3,661,520 |
Net assets with donor restrictions | $916,010 |
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 | $4,818,031 |
Over the last fiscal year, we have identified 1 grants that J Smith Young Ymca Inc has recieved totaling $2,572.
Awarding Organization | Amount |
---|---|
Johnny S Beck And Sydney Y Beck Foundation Lexington, NC PURPOSE: OPERATING BUDGET | $2,572 |
Beg. Balance | $1,039,864 |
Earnings | $131,991 |
Net Contributions | $161,998 |
Other Expense | $41,500 |
Ending Balance | $1,292,353 |