Ashland Area Young Mens Christian Association
- Assets
- $5.4m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 196
- Location
- Ashland, KY
- Founding
- 11/1971
- Data as of
- 12/2021
- EIN
- 61-0444836
Organization Overview
Ashland Area Young Mens Christian Association is located in Ashland, KY. The organization was established in 1971. 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, Ashland Area Young Mens Christian Association employed 196 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ashland Area Young Mens Christian Association 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, Ashland Area Young Mens Christian Association generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. While expenses have increased by 1.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FACILITIES, PROGRAMS & LEADERSHIP THAT WILL EMPHASIZE DEVELOPMENT IN A CHRISTIAN ENVIRONMENT FOR THE ENTIRE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YMCA GENERAL ACTIVITIES SERVING APPROXIMATELY 8,065 MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Campbell Director | 40 | $110,000 | |
Bob Hammond Treasurer | Officer | 0 | $0 |
David Lucas President | Officer | 0 | $0 |
Tim Thirion Vice President | Officer | 0 | $0 |
Bill Burch Secretary | Officer | 0 | $0 |
Rocky Adkins Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $974,706 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $267,703 |
| All other contributions, gifts, grants, and similar amounts not included above | $75,944 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,318,353 |
| Total Program Service Revenue | $485,910 |
| Investment income | $46,178 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $81,854 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $13,719 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,490,541 |
| 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. | $1,021,860 |
| Compensation of current officers, directors, key employees. | $110,302 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $36,260 |
| Other employee benefits | $49,984 |
| Payroll taxes | $93,739 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $102,562 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,876 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,728 |
| Office expenses | $24,304 |
| Information technology | $32,270 |
| Royalties | $0 |
| Occupancy | $227,801 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,119 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $164,471 |
| Insurance | $48,731 |
| All other expenses | $131,655 |
| Total functional expenses | $2,200,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $448,933 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,150 |
| Accounts receivable, net | $22,356 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,991 |
| Prepaid expenses and deferred charges | $18,162 |
| Net Land, buildings, and equipment | $1,597,743 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $2,984,107 |
| Intangible assets | $0 |
| Other assets | $314,938 |
| Total assets | $5,392,380 |
| Accounts payable and accrued expenses | $96,510 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $96,510 |
| Net assets without donor restrictions | $2,047,698 |
| Net assets with donor restrictions | $3,248,172 |
| 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 | $5,392,380 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Ashland Area Young Mens Christian Association has recieved totaling $35,000.
| Awarding Organization | Amount |
|---|---|
Marathon Petroleum Foundation Inc Findlay, OH PURPOSE: BUILDING A STRONGER FOUNDATION IN EDUCATION | $15,000 |
United Way Of Northeast Kentucky Ashland, KY PURPOSE: SCHOLARSHIP PROGRAM | $10,000 |
United Way Of Northeast Kentucky Ashland, KY PURPOSE: SCHOLARSHIP PROGRAM | $10,000 |
Endowment Analysis
| Beg. Balance | $40,000 |
| Ending Balance | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Armed Services Ymca Of The Usa Woodbridge, VA | $39,002,520 | $17,907,799 |
Young Mens Christian Association Of Metropolitan Chattanooga Chattanooga, TN | $34,204,018 | $16,284,465 |
Young Mens Christian Association Of The Virginia Peninsulas Newport News, VA | $56,223,248 | $19,873,637 |
Ymca Of Central Stark County Canton, OH | $58,009,941 | $20,495,063 |
Mcgaw Ymca Evanston, IL | $27,425,288 | $18,259,892 |
Ymca Of Central Ky Lexington, KY | $49,423,693 | $18,002,221 |
Young Mens Christian Association Of Akron Ohio Akron, OH | $27,366,735 | $11,987,882 |
Ralph J Stolle Countryside Ymca Of Warren County Lebanon Ohio Lebanon, OH | $28,896,858 | $12,691,382 |
Crossroads Young Mens Christian Association Inc Crown Point, IN | $71,317,321 | $30,163,640 |
Rappahannock Area Ymca Inc Fredericksburg, VA | $23,286,421 | $14,683,469 |
Young Mens Christian Association Of Virginias Blue Ridge Inc Roanoke, VA | $32,044,505 | $11,959,893 |
The Great Miami Valley Ymca Hamilton, OH | $35,660,589 | $12,641,219 |