Frank P Phillips Memorial Ymca
- Assets
- $2.8m
- Revenue
- $1.9m
- Investments
- $16.5k
- Employees
- 120
- Location
- Columbus, MS
- Founding
- 03/1945
- Data as of
- 12/2021
- EIN
- 64-6025994
Organization Overview
Frank P Phillips Memorial Ymca is located in Columbus, MS. The organization was established in 1945. 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, Frank P Phillips Memorial YMCA employed 120 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frank P Phillips Memorial YMCA 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, Frank P Phillips Memorial YMCA generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $1.5m 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
TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD A HEALTHY SPIRIT, MIND, AND BODY. WE PROMOTE YOUTH DEVELOPMENT, HEALTHY LIVING, AND SOCIAL RESPONSIBILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD A HEALTHY SPIRIT, MIND, AND BODY FOR ALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jimmy Woodruff Executive Di | Officer | 40 | $80,000 |
Bain Nickels President | OfficerTrustee | 1 | $0 |
Mary Swedenburg Secretary | OfficerTrustee | 1 | $0 |
Michael Prince Treasurer | OfficerTrustee | 1 | $0 |
Trip Hairston Vice Preside | Trustee | 1 | $0 |
Forrest Allgood Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $583,963 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $583,963 |
| Total Program Service Revenue | $986,279 |
| Investment income | $431 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $1,903,379 |
| 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. | $80,000 |
| Compensation of current officers, directors, key employees. | $80,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $331,893 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $70,336 |
| Payroll taxes | $52,325 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,703 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $23,874 |
| Office expenses | $24,958 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $75 |
| Travel | $360 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $25,371 |
| Payments to affiliates | $21,943 |
| Depreciation, depletion, and amortization | $117,634 |
| Insurance | $60,183 |
| All other expenses | $278,472 |
| Total functional expenses | $1,459,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $559,461 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $13,832 |
| Net Land, buildings, and equipment | $2,231,132 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $16,544 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,820,969 |
| Accounts payable and accrued expenses | $21,491 |
| Grants payable | $0 |
| Deferred revenue | $31,420 |
| 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 | $511,084 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $18,486 |
| Total liabilities | $582,481 |
| Net assets without donor restrictions | $2,219,428 |
| Net assets with donor restrictions | $19,060 |
| 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 | $2,820,969 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Frank P Phillips Memorial Ymca has recieved totaling $147,900.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $75,000 |
United Way Of Lowndes County Inc Columbus, MS PURPOSE: PROVIDE COMMUNITY SUPPORT FOR ORGANIZATION'S PROGRAMS | $57,000 |
Marvin E And Emily R Cash Foundation Tupelo, MS PURPOSE: DONATION | $10,000 |
International Paper Company Foundation Memphis, TN PURPOSE: TRACK YOU WELLNESS: INDIVIDUAL ASSESSMENT AND WELLNESS GOAL TRACKER | $5,900 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Young Mens Christian Association Montgomery, AL | $42,901,115 | $16,048,310 |
Young Mens Christian Association Of Metropolitan Chattanooga Chattanooga, TN | $34,204,018 | $16,284,465 |
Young Mens Christian Association Of East Tennessee Inc Knoxville, TN | $20,183,837 | $10,961,650 |
The Young Mens Christian Association Of The Capital Area Baton Rouge, LA | $38,948,920 | $11,986,703 |
Young Mens Christian Association Of Metropolitan Huntsville Alabama Madison, AL | $22,320,519 | $8,744,941 |
Young Womens Christian Assn Of Birmingham Birmingham, AL | $13,001,297 | $7,430,254 |
The Wellspring Alliance For Families Inc Monroe, LA | $5,920,096 | $8,292,532 |
Ywca Of Greater Baton Rouge Baton Rouge, LA | $3,021,749 | $5,884,408 |
Ywca Nashville & Middle Tennessee Nashville, TN | $11,658,509 | $7,633,838 |
Greater Kingsport Family Young Mens Kingsport, TN | $10,705,043 | $4,791,528 |
Ymca Of Northwest Louisiana Shreveport, LA | $24,742,874 | $10,794,789 |
Ymca Of South Alabama Inc Mobile, AL | $11,315,712 | $4,409,163 |