Young Mens Christian Association Of Metropolitan Dallas Foundation
- Assets
- $38.3m
- Revenue
- $6.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Coppell, TX
- Founding
- 09/1996
- Data as of
- 12/2021
- EIN
- 75-2661763
Organization Overview
Young Mens Christian Association Of Metropolitan Dallas Foundation is located in Coppell, TX. The organization was established in 1996. According to its NTEE Classification (O21) the organization is classified as: Boys Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Mens Christian Association Of Metropolitan Dallas Foundation 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 Metropolitan Dallas Foundation generated $6.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 2.9% 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
THE FOUNDATION SUPPORTS THE YMCA OF METROPOLITAN DALLAS, WHO'S MISSION IS TO PUT CHRISTIAN VALUES INTO PRACTICE THROUGH PROGRAMS THAT PROMOTE HEALTHY SPIRIT, MIND, AND BODY FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL SUPPORT OF THE YMCA OF METROPOLITAN DALLAS, INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,512,915 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,580,203 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,093,118 |
| Total Program Service Revenue | $0 |
| Investment income | $1,055,230 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,525,242 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,673,590 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,265,777 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $69,998 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $110,167 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,916 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,458,358 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,023,346 |
| 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 | $1,865 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $35,198,477 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,032,362 |
| Total assets | $38,256,050 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $31,349,304 |
| Net assets with donor restrictions | $6,906,746 |
| 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 | $38,256,050 |
Grants Awarded
Over the last fiscal year, Young Mens Christian Association Of Metropolitan Dallas Foundation has awarded $1,707,862 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Coppell, TX PURPOSE: See Statement Part XIII | $1,136,932 |
Austin, TX PURPOSE: Transfer of Funds | $570,930 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Young Mens Christian Association Of Metropolitan Dallas Foundation has recieved totaling $2,513,015.
| Awarding Organization | Amount |
|---|---|
Ymca Of Metropolitan Dallas Coppell, TX PURPOSE: Endowment | $2,512,915 |
Textron Charitable Trust 540 008 Providence, RI PURPOSE: MATCHING GIFT TO CIVIC AGENCY | $100 |
Endowment Analysis
| Beg. Balance | $5,161,627 |
| Earnings | $622,969 |
| Other Expense | $191,521 |
| Ending Balance | $5,593,075 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boys & Girls Clubs Of San Antonio Texas San Antonio, TX | $14,637,627 | $4,748,268 |
Clements Boys And Girls Club Inc Killeen, TX | $9,963,115 | $5,636,947 |
Boys Club Of Pharr Inc Pharr, TX | $4,346,783 | $3,016,683 |
Boys Club Of Wichita Falls Wichita Falls, TX | $8,791,180 | $3,049,342 |
Boys & Girls Club Of Central New Mexico Albuquerque, NM | $1,722,862 | $1,721,539 |
Fort Smith Boys Club Fort Smith, AR | $7,902,660 | $2,549,811 |
Young Mens Christian Association Of Metropolitan Dallas Foundation Coppell, TX | $38,256,050 | $6,673,590 |
Boys & Girls Club Of Bartlesville Bartlesville, OK | $10,347,254 | $4,247,814 |
Boys & Girls Club Of Farmington Farmington, NM | $2,506,606 | $2,024,042 |
Boys And Girls Club Of Vernon Inc Vernon, TX | $2,369,075 | $1,293,972 |
Boys And Girls Club Of Wichita Falls Endowment Fund Wichita Falls, TX | $22,162,725 | $1,859,769 |
West Memphis Boys Club Inc West Memphis, AR | $589,689 | $864,261 |