North Carolina Alliance Of Ymcas Inc
- Assets
- $583.5k
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- Data as of
- 12/2023
- EIN
- 87-4278459
Organization Overview
North Carolina Alliance Of Ymcas Inc is located in Raleigh, NC. 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. North Carolina Alliance Of Ymcas Inc 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 12/2023, North Carolina Alliance Of Ymcas Inc generated $3.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (34.5%) each year. All expenses for the organization totaled $3.6m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (31.9%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, North Carolina Alliance Of Ymcas Inc has awarded 32 individual grants totaling $10,007,729. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE NORTH CAROLINA ALLIANCE OF YMCAS (THE ALLIANCE) IS A CHARITABLE ORGANIZATION DEDICATED TO SUPPORTING AND STRENGTHENING THE 25 NORTH CAROLINA YMCA ASSOCIATES THROUGH ADVOCACY AND CAPACITY-BUILDING SERVICES SUCH AS STRATEGIC PLANNING, BOARD GOVERNANCE, COLLABORATIONS, AND PEER NETWORKING. THE ALLIANCE COLLABORATES WITH STATE AGENCIES AND STATEWIDE ORGANIZATIONS AS WELL AS LOCAL COMMUNITY ORGANIZATIONS IN SUPPORT OF EACH OF OUR AREAS OF FOCUS: (1) YOUTH DEVELOPMENT, (2) HEALTHY LIVING, AND (3) SOCIAL RESPONSIBILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ALLIANCE FOSTERS COLLABORATION AMONG NORTH CAROLINA YMCAS AND PARTNER ORGANIZATIONS TO IMPLEMENT STATEWIDE INITIATIVES, ADVOCATES ON BEHALF OF THE YMCA'S MISSION AND CAUSE, AND COORDINATES COMMUNICATIONS TO ENSURE YMCAS ARE RECOGNIZED LEADERS IN YOUTH DEVELOPMENT, HEALTHY LIVING, AND SOCIAL RESPONSIBILITY. THESE VITAL PARTNERSHIPS ALLOW THE ALLIANCE TO BE MORE EFFECTIVE IN REACHING AND SERVING PEOPLE AND STRENGTHENING COMMUNITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Lomax Chair | OfficerTrustee | 2 | $0 |
Paul Vest Past Chair | OfficerTrustee | 2 | $0 |
Rhonda Anderson Director | Trustee | 1 | $0 |
Melissa Bailey Logan Director | Trustee | 1 | $0 |
Charles Frederick Director | Trustee | 1 | $0 |
Lisa Humphreys Vice Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,974,058 |
| All other contributions, gifts, grants, and similar amounts not included above | $82,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,056,158 |
| Total Program Service Revenue | $493,722 |
| Investment income | $10,788 |
| 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 | $3,560,668 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,948,876 |
| 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. | $140,055 |
| Compensation of current officers, directors, key employees. | $105,041 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $177,859 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $37,957 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,940 |
| Fees for services: Accounting | $54,191 |
| Fees for services: Lobbying | $42,597 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $88,134 |
| Advertising and promotion | $1,890 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,723 |
| Travel | $33,456 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,146 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,469 |
| All other expenses | $1,975 |
| Total functional expenses | $3,612,546 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $518,507 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,288 |
| 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 | $53,275 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,434 |
| Total assets | $583,504 |
| Accounts payable and accrued expenses | $6,000 |
| 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 | $109,732 |
| Total liabilities | $115,732 |
| Net assets without donor restrictions | $467,772 |
| Net assets with donor restrictions | $0 |
| 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 | $583,504 |
Grants Awarded
Over the last fiscal year, North Carolina Alliance Of Ymcas Inc has awarded $2,938,618 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
YMCA OF NORTHWEST NORTH CAROLINA PURPOSE: DEFERRED MAINTENANCE PROJECTS | $657,315 |
GASTON COUNTY FAMILY YMCA PURPOSE: DEFERRED MAINTENANCE PROJECTS | $100,000 |
YMCA OF THE TRIANGLE AREA PURPOSE: DEFERRED MAINTENANCE PROJECTS | $823,976 |
YMCA OF WESTERN NORTH CAROLINA PURPOSE: DEFERRED MAINTENANCE PROJECTS | $585,689 |
EASTERN CAROLINA YMCA PURPOSE: DEFERRED MAINTENANCE PROJECTS | $200,000 |
CLEVELAND COUNTY YMCA PURPOSE: DEFERRED MAINTENANCE PROJECTS | $18,289 |