Young Mens Christian Association Of The Shoals Inc
- Assets
- $9.6m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 200
- Location
- Florence, AL
- Founding
- 04/1969
- Data as of
- 12/2021
- EIN
- 63-0545200
Organization Overview
Young Mens Christian Association Of The Shoals Inc, operating under the name Ymca Of The Shoals, is located in Florence, AL. The organization was established in 1969. 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, YMCA Of The Shoals employed 200 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. YMCA Of The Shoals 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, YMCA Of The Shoals generated $2.1m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. 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 A HEALTHY SPIRIT, MIND AND BODY FOR ALL.
Describe the Organization's Program Activity:
YOUTH DEVELOPMENT - AT THE Y, WE BELIEVE THE VALUES AND SKILLS LEARNED EARLY ON ARE VITAL BUILDING BLOCKS FOR QUALITY OF LIFE AND FUTURE SUCCESS. THAT'S WHY OUR CHILD CARE, AFTERSCHOOL CARE AND SUMMER DAY CAMP PROGRAMS ARE STAFFED WITH PEOPLE WHO UNDERSTAND THE COGNITIVE, PHYSICAL AND SOCIAL DEVELOPMENT OF KIDS, THE NEED CHILDREN HAVE TO FEEL CONNECTED AND SUPPORTED IN TRYING NEW THINGS AND THE CARING AND REINFORCEMENT PARENTS AND FAMILIES NEED TO HELP EACH OTHER. THE Y PROVIDES SAFE, SUPERVISED CARE UNTIL 6 P.M. FOR SCHOOL AGE CHILDREN (K-6). IN FLORENCE CITY AND LAUDERDALE COUNTY SCHOOLS, BUSES WILL PICK UP CHILDREN AND BRING THEM BACK TO OUR FACILITY. BEFORE SCHOOL CARE IS AVAILABLE FOR CHILDREN IN THE FLORENCE CITY SCHOOLS. IN 2020, WE PROVIDED 131,018 IN FINANCIAL ASSISTANCE (SCHOLARSHIPS).
HEALTHY LIVING - THE YMCA AIMS TO IMPROVE OUR COMMUNITY'S HEALTH AND WELL- BEING BY PROVIDING PROGRAMS AND ACTIVITIES THAT PROMOTE WELLNESS, REDUCE RISK FOR DISEASE AND HELP OTHERS RECLAIM THEIR HEALTH. THESE PROGRAMS AND EVERYTHING ELSE THE Y DOES ARE IN SERVICE OF MAKING US OUR COMMUNITY BETTER. THE RESULT IS A COMMUNITY THAT VALUES HEALTH AND COMMUNITIES THAT SUPPORT HEALTHY CHOICES. IN ADDITION TO OUR PHYSICAL FITNESS CLASSES AND FACILITIES, WE PROVIDE EDUCATIONAL PROGRAMS TO PROMOTE HEALTHIER DECISIONS, AND OFFER A VARIETY OF PROGRAMS THAT SUPPORT PHYSICAL, INTELLECTUAL AND SPIRITUAL STRENGTH. IN 2020, WE PROVIDED 131,018 IN FINANCIAL ASSISTANCE (SCHOLARSHIPS).
SOCIAL RESPONSIBILITY - WE KNOW THAT WHEN WE WORK TOGETHER, WE MOVE INDIVIDUALS, FAMILIES AND OUR COMMUNITY FORWARD. WE ARE COMMITTED TO INSPIRING A SPIRIT OF SERVICE BY UNITING INDIVIDUALS FROM ALL WALKS OF LIFE TO PARTICIPATE IN AND WORK FOR POSITIVE SOCIAL CHANGE. WE CONTINUE TO MAKE A DIFFERENCE WITH OUR FRIDAY BACKPACK PROJECT. ABOUT HALF OF OUR AFTER SCHOOL CHILDREN ARE ON FREE OR REDUCED LUNCH AT SCHOOL. THIS MEANS THEY GET BREAKFAST AND LUNCH AT SCHOOL MONDAY THROUGH FRIDAY. THE FOOD WE SEND HOME IN BACKPACKS EACH FRIDAY HELPS FILL THE GAP BETWEEN FRIDAY AND MONDAY. IT'S ALL SINGLE-SERVE, KID-FRIENDLY FOOD LIKE MAC AND CHEESE, FRUIT CUPS, PEANUT BUTTER CRACKERS AND CEREAL BARS. IN 2020, WE PROVIDED 131,018 IN FINANCIAL ASSISTANCE (SCHOLARSHIPS).
HEALTHY LIVING - THE YMCA AIMS TO IMPROVE OUR COMMUNITY'S HEALTH AND WELL- BEING BY PROVIDING PROGRAMS AND ACTIVITIES THAT PROMOTE WELLNESS, REDUCE RISK FOR DISEASE AND HELP OTHERS RECLAIM THEIR HEALTH. THESE PROGRAMS AND EVERYTHING ELSE THE Y DOES ARE IN SERVICE OF MAKING US OUR COMMUNITY BETTER. THE RESULT IS A COMMUNITY THAT VALUES HEALTH AND COMMUNITIES THAT SUPPORT HEALTHY CHOICES. IN ADDITION TO OUR PHYSICAL FITNESS CLASSES AND FACILITIES, WE PROVIDE EDUCATIONAL PROGRAMS TO PROMOTE HEALTHIER DECISIONS, AND OFFER A VARIETY OF PROGRAMS THAT SUPPORT PHYSICAL, INTELLECTUAL AND SPIRITUAL STRENGTH. IN 2020, WE PROVIDED 131,018 IN FINANCIAL ASSISTANCE (SCHOLARSHIPS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melvin Lane Vines III Chief Exec O | Officer | 40 | $103,046 |
Bonnie Atkinson Board Vice P | OfficerTrustee | $0 | |
Bea Bartmess Treasurer | OfficerTrustee | $0 | |
Brad Haddock Board Presid | OfficerTrustee | $0 | |
Daniel Larsen Board Secret | OfficerTrustee | $0 | |
Barry Underwood CFO | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $27,336 |
| Membership dues | $1,330,894 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,530 |
| All other contributions, gifts, grants, and similar amounts not included above | $92,867 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,457,627 |
| Total Program Service Revenue | $401,088 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $13,866 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,081,943 |
| 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. | $103,046 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $769,353 |
| Pension plan accruals and contributions | $25,733 |
| Other employee benefits | $48,782 |
| Payroll taxes | $72,379 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,039 |
| Office expenses | $67,903 |
| Information technology | $36,714 |
| Royalties | $0 |
| Occupancy | $424,420 |
| Travel | $19,935 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,121 |
| Interest | $106,807 |
| Payments to affiliates | $32,550 |
| Depreciation, depletion, and amortization | $352,968 |
| Insurance | $5,060 |
| All other expenses | $0 |
| Total functional expenses | $2,109,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $972,105 |
| Pledges and grants receivable | $43,156 |
| Accounts receivable, net | $0 |
| 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 | $24,992 |
| Net Land, buildings, and equipment | $7,968,816 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $607,001 |
| Total assets | $9,616,070 |
| Accounts payable and accrued expenses | $86,533 |
| Grants payable | $0 |
| Deferred revenue | $24,883 |
| 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 | $3,290,686 |
| Total liabilities | $3,402,102 |
| Net assets without donor restrictions | $6,141,381 |
| Net assets with donor restrictions | $72,587 |
| 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 | $9,616,070 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Young Mens Christian Association Of The Shoals Inc has recieved totaling $6,530.
| Awarding Organization | Amount |
|---|---|
National Council Of Young Mens Christian Assns Of The Usa Chicago, IL PURPOSE: Program Support | $6,530 |