Young Mens Christian Association Of Greater Spartanburg
- Assets
- $27.1m
- Revenue
- $10.9m
- Investments
- $0.0
- Employees
- 580
- Location
- Spartanburg, SC
- Founding
- 01/1943
- Data as of
- 12/2023
- EIN
- 57-0314425
Organization Overview
Young Mens Christian Association Of Greater Spartanburg is located in Spartanburg, SC. The organization was established in 1943. 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 12/2023, Young Mens Christian Association Of Greater Spartanburg employed 580 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Mens Christian Association Of Greater Spartanburg 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 12/2023, Young Mens Christian Association Of Greater Spartanburg generated $10.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $8.9m during the year ending 12/2023. While expenses have increased by 5.4% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD A HEALTHY SPIRIT, MIND AND BODY FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTHY LIVING - YMCA'S FOCUS ON HEALTHY LIVING BY ADVOCATING HEALTH AND WELL-BEING FROM THE INSIDE OUT - THE SPIRIT MIND AND BODY. THE YMCA PROVIDES THOUSANDS OF PEOPLE WITH THE SUPPORTIVE RELATIONSHIPS AND ENVIRONMENTS THEY NEED FOR THEIR SUCCESSFUL PURSUIT OF HEALTH AND WELL-BEING. THIS IS PARTICULARLY IMPORTANT AS OUR NATION STRUGGLES WITH AN OBESITY CRISIS, FAMILIES STRUGGLE WITH WORK/LIFE BALANCE AND INDIVIDUALS SEARCH FOR PERSONAL FULFILLMENT. WE BRING FAMILIES TOGETHER, AND OFFER SPORT, RECREATIONAL, AND SOCIAL NETWORKS THAT BUILD RELATIONSHIPS AND STRENGTHEN BONDS. OUR PROGRAMS ARE ACCESSIBLE, AFFORDABLE, AND OPEN TO ALL FAITHS, BACKGROUNDS, ABILITIES, AND INCOME LEVELS. FOR ADDITIONAL DETAILS REGARDING THESE PROGRAMS AND THEIR IMPACT, SEE SCHEDULE O.
YOUTH DEVELOPMENT - THE YMCA IS A LEADER IN NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN. EVERY DAY, THE YMCA HELPS YOUNG PEOPLE DEEPEN POSITIVE VALUES, THEIR COMMITMENT TO SERVICE, AND THEIR MOTIVATION TO LEARN. OUR YMCA PROGRAMS, SUCH AS AFTER SCHOOL, SUMMER DAY CAMP, AND YOUTH ATHLETIC PROGRAMS OFFER A RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL, AND EMOTIONAL GROWTH. EXPENSES INCLUDE SUBSIDIES AND DIRECT FINANCIAL ASSISTANCE THAT ENABLE 100% OF YOUNG PEOPLE TO PARTICIPATE. FOR ADDITIONAL DETAILS REGARDING THESE CRITICAL PROGRAMS AND THEIR IMPACT, SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Mty Past Chairman And Board Member | OfficerTrustee | 2.5 | $0 |
Name Not Listed Association Past Chair And Board Member | OfficerTrustee | 2.5 | $0 |
Name Not Listed Mty Chairman And Board Member | OfficerTrustee | 2.5 | $0 |
Name Not Listed Association Secretary And Board Member | OfficerTrustee | 2.5 | $0 |
Name Not Listed Mty Chairman And Board Member | OfficerTrustee | 2.5 | $0 |
Name Not Listed Thy Chairman And Board Member | OfficerTrustee | 2.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gametime Playground Equipment And Installation | 12/30/23 | $204,498 |
Elliott & Painter Llp Accounting Services | 12/30/23 | $111,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $46,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,566,423 |
| Noncash contributions included in lines 1a–1f | $40,032 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,612,523 |
| Total Program Service Revenue | $8,395,804 |
| Investment income | $309,381 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $329,259 |
| Net Gain/Loss on Asset Sales | $162,658 |
| Net Income from Fundraising Events | $22,485 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $14,763 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,861,243 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $791,257 |
| Grants and other assistance to Foreign Orgs/Individuals | $500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $295,651 |
| Compensation of current officers, directors, key employees. | $133,043 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,637,803 |
| Pension plan accruals and contributions | $170,559 |
| Other employee benefits | $192,039 |
| Payroll taxes | $288,251 |
| 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 | $21,348 |
| Fees for services: Other | $701,649 |
| Advertising and promotion | $9,838 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $447,356 |
| Travel | $83,690 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50,305 |
| Interest | $139,284 |
| Payments to affiliates | $102,517 |
| Depreciation, depletion, and amortization | $714,669 |
| Insurance | $169,504 |
| All other expenses | $35,665 |
| Total functional expenses | $8,871,571 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,505,590 |
| Savings and temporary cash investments | $7,620,209 |
| Pledges and grants receivable | $348,700 |
| Accounts receivable, net | $144,299 |
| 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 | $44,393 |
| Net Land, buildings, and equipment | $13,431,595 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,017,574 |
| Total assets | $27,112,360 |
| Accounts payable and accrued expenses | $112,840 |
| Grants payable | $0 |
| Deferred revenue | $43,609 |
| 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 | $5,875,820 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $98,641 |
| Total liabilities | $6,130,910 |
| Net assets without donor restrictions | $18,356,707 |
| Net assets with donor restrictions | $2,624,743 |
| 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 | $27,112,360 |