Young Mens Christian Association Of The Palm Beaches Inc is located in Lake Worth Beach, FL. The organization was established in 1949. 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, Young Mens Christian Association Of The Palm Beaches Inc employed 110 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Mens Christian Association Of The Palm Beaches 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, Young Mens Christian Association Of The Palm Beaches Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH DEVELOPMENT:WE UNDERSTAND BY STARTING WITH OUR CHILDREN AND HELPING THEM TO DEVELOP INTO THE NURTURING, CONFIDENT, ENGAGED KIDS OF TODAY; THEY WILL GROW INTO THE CONTRIBUTING ADULTS OF TOMORROW. WE BELIEVE THAT ALL KIDS DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT'S WHY WE HELP YOUNG PEOPLE CULTIVATE THE VALUES, SKILLS AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH AND EDUCATIONAL ACHIEVEMENT. OUR CHILD CARE PROGRAMS ARE JUST ONE OF THE AREAS THAT OFFER A RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL AND EMOTIONAL GROWTH. THE YMCA STRIVES TO MAKE QUALITY CARE AVAILABLE TO ALL WHO NEED IT AND NOT JUST TO THOSE WHO CAN AFFORD IT. FOR FAMILIES THAT CANNOT MANAGE TO PAY THE FULL COST, PARTICIPATION IS MADE POSSIBLE THROUGH FINANCIAL ASSISTANCE. GOALS: A) STRENGTHEN THE FAMILY; LEARN TO CARE, COMMUNICATE AND COOPERATE WITH OTHERS CLOSE TO THEM. B) SUPPORT THE CARE, DEVELOPMENT AND EDUCATION OF CHILDREN; FOCUS ON YOUTH SERVICES THAT PROVIDE A FOUNDATION FOR ACADEMIC AND SOCIAL SUCCESS. C) GROW PERSONALLY; ENHANCE SELF-ESTEEM AND A SENSE OF BELONGING. D) INCREASE APPRECIATION FOR THE COMMUNITY; RESPECT PEOPLE OF DIFFERENT AGES, ABILITIES, INCOMES, RACES, RELIGIONS, CULTURES, AND BELIEFS.
HEALTHY LIVING AND WELLBEING:OUR YMCA IS A LEADING VOICE ON HEALTH AND WELL-BEING. WE BRING FAMILIES TOGETHER, ENCOURAGE GOOD HEALTH AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS AND SHARED INTEREST. OUR REGION IS RICH WITH SENIORS AND OUR ACTIVE ADULT PROGRAMS STRESS A THREE-WAY APPROACH; TO REMAIN ACTIVE AND IMPROVE HEALTH, TO REHABILITATE AFTER ILLNESS, INJURY OR SURGERY; AND TO PROVIDE A SAFE PLACE AND QUALITY TIME FOR SOCIAL ACTIVITIES AND ENGAGEMENT. OVERALL, OUR WELLNESS PROGRAMS ENSURE THE PEOPLE IN OUR COMMUNITY ARE RECEIVING THE SUPPORT, GUIDANCE, AND RESOURCES THEY NEED TO ACHIEVE GREATER HEALTH IN SPIRIT, MIND AND BODY. THIS IS PARTICULARLY IMPORTANT AS OUR NATION STRUGGLES WITH AN OBESITY CRISIS, FAMILIES STRUGGLE WITH WORK/LIFE BALANCE AND INDIVIDUALS SEARCH FOR PERSONAL FULFILLMENT. BEING SITUATED IN SOUTH FLORIDA AND CLOSE TO THE OCEAN, THIS AREA HAS THE POTENTIAL TO SUBJECT FAMILIES TO TRAUMATIC INCIDENTS AROUND THE WATER. SO NOT ONLY ARE OUR AQUATICS PROGRAMS A PART OF THE YMCA'S OVERALL GOAL OF PROMOTING WELLBEING THROUGH REGULAR EXERCISE; AWARENESS AND KNOWLEDGE OF SAFETY PROTOCOLS ARE ALSO HIGHLY CONSIDERED. OUR AQUATICS PROGRAMS HAVE ADVANCED INDIVIDUALS THROUGH WATER SURVIVAL CLASSES AND PROGRESSIVE SWIM LESSONS. THESE PROGRAMS ARE OFFERED AT FEES AFFORDABLE TO THE AREA AT LARGE, WITH FINANCIAL ASSISTANCE FOR THOSE WHO ARE UNABLE TO AFFORD THE FULL FEE. GOALS: A) PROMOTE WELLNESS FOR PERSONS OF ALL AGES; FOSTER THE ENJOYMENT OF PREVENTATIVE CARE OF SELF, FOR CHILDREN, TEENS, ADULTS, AND SENIORS. B) TO BRING FAMILIES CLOSE TOGEATHER; ENCOURAGE GOOD HEALTH AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS, FUN, AND SHARED INTERESTS. C) PROVIDE SUPPORT GUIDANCE AND RESOURCES; TO ACHIEVE GREATER HEALTH AND WELL-BEING BY HOLDING NUTRITIONAL AND MEDICAL RELATED SEMINARS ON THE PREVENTION AND DETECTION OF HEALTH ISSUES.
SOCIAL RESPONSIBILITY:GIVING BACK AND SUPPORTING OUR NEIGHBORS. YMCA PROGRAMS SUCH AS OUR LOW-COST SUMMER AND DAY CAMPS ARE EXAMPLES OF HOW WE SUPPORT OUR COMMUNITY. PRESCHOOL AND SCHOOL AGE CHILDREN TAKE PART IN THESE PROGRAMS AND ENCOURAGED TO BE SOCIALLY AND SPIRITUALLY AWARE, TO DEVELOP A MENTAL AND PHYSICAL WELL-BEING AND PROVIDE A FOUNDATION THAT ENCOURAGES A RESPECT FOR ONE'S SURROUNDINGS.IN ADDITION, OUR YMCA SUMMER AND DAY CAMPS PROVIDE AN ALTERNATIVE FOR WORKING PARENTS, KNOWING THEIR CHILD IS BEING CARED FOR IN A SAFE ENVIRONMENT WHILE AT THE SAME TIME, ALLOWING THEM TO BE GAINFULLY EMPLOYED. THE Y HAS BEEN LISTENING AND RESPONDING TO OUR COMMUNITIES' MOST CRITICAL SOCIAL NEEDS FOR MORE THAN 100 YEARS. WHETHER THROUGH EDUCATION AND TRAINING, WELCOMING AND CONNECTING DIVERSE DEMOGRAPHIC POPULATIONS THROUGH GLOBAL SERVICES, OR PREVENTING CHRONIC DISEASE AND BUILDING HEALTHIER COMMUNITIES THROUGH COLLABORATIONS WITH POLICYMAKERS, THE Y FOSTERS THE CARE AND RESPECT ALL PEOPLE NEED AND DESERVE. THROUGH THE Y, OUR VOLUNTEERS AND DONORS, LEADERS AND PARTNERS ACROSS THE COUNTY ARE STRENGTHENING OUR COMMUNITY AND PAVING THE WAY FOR FUTURE GENERATIONS TO THRIVE. GOALS: A) PROVIDE FOR LEADERSHIP DEVELOPMENT AND VOLUNTEER SERVICES; LEARN THE CONCESSIONS AND COMPROMISES NECESSARY TO WORK TOWARD THE COMMON GOOD. B) COLLABORATE WITH POLICY MAKERS AND PARTNERS TO FOSTER AN ENVIRONMENT OF WELL-BEING AND COMMUNITY; PROVIDE SOCIAL AND ENRICHMENT OPPORTUNITIES THROUGH HEALTH SEMINARS AND BY PROVIDING A PLACE FOR SOCIAL GATHERINGS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Timothy G Coffield President/ceo | Officer | 55 | $170,511 |
Timothy Leuliette Chairman | OfficerTrustee | 10 | $0 |
Scott Mccranels Vice Chairman | OfficerTrustee | 4 | $0 |
William Benjamin Director | Trustee | 3 | $0 |
Richard Baumer Director | Trustee | 3 | $0 |
John Cassidy Director | Trustee | 1.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $126,976 |
Related organizations | $0 |
Government grants | $235,185 |
All other contributions, gifts, grants, and similar amounts not included above | $679,970 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,042,131 |
Total Program Service Revenue | $1,258,030 |
Investment income | $3,067 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $110,880 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,414,108 |
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. | $170,511 |
Compensation of current officers, directors, key employees. | $102,307 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $895,080 |
Pension plan accruals and contributions | $80,041 |
Other employee benefits | $66,194 |
Payroll taxes | $86,728 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $20,118 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $41,751 |
Advertising and promotion | $22,480 |
Office expenses | $72,237 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $141,352 |
Travel | $2,404 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $47,929 |
Payments to affiliates | $27,783 |
Depreciation, depletion, and amortization | $122,747 |
Insurance | $58,357 |
All other expenses | $0 |
Total functional expenses | $1,888,271 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,999,637 |
Savings and temporary cash investments | $513,206 |
Pledges and grants receivable | $2,750 |
Accounts receivable, net | $38,912 |
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 | $14,108 |
Net Land, buildings, and equipment | $1,629,005 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $36,910 |
Total assets | $4,234,528 |
Accounts payable and accrued expenses | $80,824 |
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 | $720,508 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $801,332 |
Net assets without donor restrictions | $1,872,032 |
Net assets with donor restrictions | $1,561,164 |
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 | $4,234,528 |
Over the last fiscal year, we have identified 5 grants that Young Mens Christian Association Of The Palm Beaches Inc has recieved totaling $56,227.
Awarding Organization | Amount |
---|---|
Edward T Bedford Foundation Ima Palm Beach, FL PURPOSE: OPERATIONAL | $25,000 |
Town Of Palm Beach United Way Inc Palm Beach, FL PURPOSE: Grants to support program operation | $13,080 |
Servant Foundation Overland Park, KS PURPOSE: COMMUNITY DEVELOPMENT | $10,000 |
National Council Of Young Mens Christian Assns Of The Usa Chicago, IL PURPOSE: Program Support | $5,147 |
Matthew And Tracy Smith Foundation New York, NY PURPOSE: GENERAL PURPOSE | $3,000 |