Young Mens Christian Association Of The Greater Houston Area Endowment
- Assets
- $16.6m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 03/1998
- Data as of
- 12/2021
- EIN
- 76-0555562
Organization Overview
Young Mens Christian Association Of The Greater Houston Area Endowment is located in Houston, TX. The organization was established in 1998. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Mens Christian Association Of The Greater Houston Area Endowment 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 Greater Houston Area Endowment generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $603.2k during the year ending 12/2021. While expenses have increased by 16.5% 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
THE YMCA ENDOWMENT FOUNDATION EXISTS TO PROVIDE LONG-TERM SUPPORT TO THE CHARITABLE MISSION OF THE YMCA OF GREATER HOUSTON ENSURING THAT THE YMCA CAN MEET THE EVER-CHANGING NEEDS OF CHILDREN, FAMILIES, AND COMMUNITIES THROUGHOUT THE METROPOLITAN HOUSTON AREA NOW AND INTO THE FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE YMCA ENDOWMENT FOUNDATION EXISTS TO PROVIDE LONG-TERM SUPPORT TO THE CHARITABLE MISSION OF THE YMCA OF GREATER HOUSTON ENSURING THAT THE YMCA CAN MEET THE EVER-CHANGING NEEDS OF CHILDREN, FAMILIES, AND COMMUNITIES THROUGHOUT THE HOUSTON AREA NOW AND INTO THE FUTURE. FOR 136 YEARS THE YMCA OF GREATER HOUSTON HAS FOCUSED ON EMPOWERING YOUNG PEOPLE, IMPROVING HEALTH AND WELL-BEING, AND INSPIRING ACTION IN AND ACROSS COMMUNITIES. AT THE Y STRENGTHENING COMMUNITY IS OUR CAUSE. EVERYTHING WE DO IS IN SERVICE OF MAKING SURE PEOPLE AND COMMUNITIES THRIVE. WHEN YOU INVEST IN THE Y YOU BECOME PART OF A COMMUNITY AND AN ORGANIZATION THAT IS ACTIVELY AND VISIBLY IMPROVING OUTCOMES FOR ALL. TODAY, WE ARE TRANSFORMING TO BETTER ADDRESS ISSUES LIKE FOOD INSECURITY, HEALTH DISPARITIES, RACIAL INEQUITIES, SOCIAL ISOLATION, LEARNING GAPS, AND MORE. THE YMCA OF GREATER HOUSTON WAS FOUNDED AS A PLACE WHERE ALL PEOPLE COULD FIND HOPE, FELLOWSHIP, AND HEALING. NOW, WE ARE CHALLENGED TO FIND NEW WAYS TO TRANSFORM OUR ORGANIZATION TO NOT ONLY MEET THE NEEDS OF OUR MEMBERS BUT TO ALSO ADDRESS CRITICAL COMMUNITY ISSUES AND KEEP OUR ORGANIZATION THRIVING FOR YEARS TO COME. THE YMCA IS NOT JUST A PLACE, WE ARE A PURPOSE, AND BEING A PART OF THE YMCA IS NOT JUST ABOUT BUILDINGS AND PROGRAMS, IT IS ABOUT BEING A PART OF SOMETHING BIGGER THAN ALL OF US AND BEING AN ADVOCATE FOR THE MOST VULNERABLE AMONG US.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $371,446 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $426,866 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $798,312 |
| Total Program Service Revenue | $0 |
| Investment income | $247,344 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,678,419 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,724,075 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $505,278 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $94,424 |
| Fees for services: Other | $1,954 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $603,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $24,217 |
| Pledges and grants receivable | $55,420 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $16,382,040 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $110,900 |
| Total assets | $16,572,577 |
| 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 | $11,275,022 |
| Net assets with donor restrictions | $5,297,555 |
| 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 | $16,572,577 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Young Mens Christian Association Of The Greater Houston Area Endowment has recieved totaling $371,446.
| Awarding Organization | Amount |
|---|---|
Young Mens Christian Association Of Greater Houston Area Houston, TX PURPOSE: Match to Endowment Fund | $371,446 |
Endowment Analysis
| Beg. Balance | $14,081,995 |
| Earnings | $2,201,002 |
| Admin Expense | $1,500 |
| Net Contributions | $798,312 |
| Other Expense | $507,232 |
| Ending Balance | $16,572,577 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ymca Of Metropolitan Dallas Coppell, TX | $164,886,372 | $56,500,071 |
Young Womens Christian Association El Paso Del Norte Region El Paso, TX | $28,352,094 | $55,470,698 |
Young Mens Christian Assoc Of Greater Sn Antonio The Association San Antonio, TX | $43,363,888 | $39,511,536 |
Young Mens Christian Association Oklahoma City, OK | $49,164,027 | $29,658,813 |
Young Mens Christian Association Of Austin Austin, TX | $65,497,944 | $30,457,264 |
Young Mens Christian Association Of Greater Williamson County Round Rock, TX | $55,733,286 | $25,307,068 |
Ymca Of Metropolitan Fort Worth Fort Worth, TX | $29,680,686 | $18,852,895 |
Center For Transforming Lives Fort Worth, TX | $4,873,991 | $15,111,287 |
Young Mens Christian Association Of Greater Tulsa Tulsa, OK | $60,292,929 | $14,834,011 |
The Young Mens Christian Association Of The Capital Area Baton Rouge, LA | $38,948,920 | $11,986,703 |
Young Womens Christian Association Of Lubbock Texas Inc Lubbock, TX | $28,879,413 | $11,388,138 |
The Wellspring Alliance For Families Inc Monroe, LA | $5,920,096 | $8,292,532 |