BANGOR YOUNG MEN'S CHRISTIAN ASSOCIATION (EIN 010211485) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1909

Legal Domicile

Principal Officer

DIANE DICKERSON

Phone

2079412808

Tax Period

2024-01-01 to 2024-12-31

BANGOR YOUNG MEN'S CHRISTIAN ASSOCIATION, founded in 1909, is a mid-sized nonprofit in the Human Services sector that reported $11.9M in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.7M, a strong 40% operating margin.

Mission

THE BANGOR REGION YMCA IS A COMMUNITY LEADER IN SUPPORTING CHILDREN, ADULTS, AND FAMILIES IN THEIR LIFELONG QUEST FOR PHYSICAL, EMOTIONAL, AND SOCIAL WELLNESS. NOW IN ITS 157TH YEAR, THE BANGOR REGION YMCA IN DOWNTOWN BANGOR CONTINUES TO SERVE THOUSANDS OF MAINERS OF ALL AGES AND INCOME LEVELS ACROSS EASTERN AND NORTHERN MAINE. IT IS ONE OF THE REGIONS LARGEST NONPROFIT EMPLOYERS WITH 317 FULL-TIME AND PART-TIME EMPLOYEES DURING THE YEAR, OFFERING HIGHLY COMPETITIVE AND GENEROUS BENEFITS. SERVING 14,308 MEMBERS AND PROGRAM PARTICIPANTS LIVING IN SEVEN MAINE COUNTIES, THE YMCA CONTINUALLY ASSESSES THE COMMUNITIES IT SERVES TO ENSURE ITS PROGRAMS BEST SERVE THE NEEDS OF ALL MAINERS, FROM BABIES TO OLDER ADULTS. THE IMPACT OF THE BANGOR Y IS FELT THROUGH ITS THREE LARGEST PROGRAMS: YOUTH DEVELOPMENT, HEALTHY LIVING, AND SOCIAL RESPONSIBILITY. COMBINED, THESE PROGRAMS PLUS ADMINISTRATIVE COSTS ACCOUNTED FOR 6,685,656 OF Y EXPENDITURES IN 2024 INCLUDING A YEAR-ROUND, ROBUST FINANCIAL ASSIST

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,608,661

Program Service Revenue $4,177,199

Investment Income $666,726

Other Revenue $409,931

TOTAL REVENUE $11,862,517

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,320,895

Fundraising Expenses $615,913

Program Expenses $5,100,974

Other Expenses $2,790,826

TOTAL EXPENSES $7,168,901

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,862,517	$8,514,863	+0.4%
Expenses	$7,168,901	$6,539,059	+0.1%
Net Income	$4,693,616	$1,975,804	+1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

317

Volunteers

385

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$428,478

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANE DICKERSON	CEO & CMO	40.00	Officer	$229,397	$27,606	$257,003
NEIL MACKAY	CFO	40.00	Officer	$153,149	$18,326	$171,475
RICH ARMSTRONG	BOARD MEMBER	1.00	Director	$0	$0	$0
RYAN ARMSTRONG	BOARD MEMBER	1.00	Director	$0	$0	$0
TOM BEAROR	BOARD MEMBER	1.00	Director	$0	$0	$0
ELAINE CHAMBERS	BOARD MEMBER	1.00	Director	$0	$0	$0
DEAN CLARK	BOARD MEMBER	1.00	Director	$0	$0	$0
ANNIE COLLINS	BOARD MEMBER	1.00	Director	$0	$0	$0
LYNNE DARLING	BOARD MEMBER	1.00	Director	$0	$0	$0
BILL DEMASO	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIAN DONAHUE	BOARD MEMBER	1.00	Director	$0	$0	$0
COURTNEY HARNUM	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVE HART	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY HARTT	BOARD MEMBER	1.00	Director	$0	$0	$0
MARWA HASSANIEN	BOARD MEMBER	1.00	Director	$0	$0	$0
TANIA JEAN-JACQUES	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK LEONARD	SECRETARY	1.00	Officer Director	$0	$0	$0
PAUL MEANS	BOARD MEMBER	1.00	Director	$0	$0	$0
TRAVIS NOYES	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL O'CONNOR	TREASURER	1.00	Officer Director	$0	$0	$0
MARY PRYBYLO	BOARD MEMBER	1.00	Director	$0	$0	$0
ANNE-MARIE STOREY	BOARD MEMBER	1.00	Director	$0	$0	$0
JANINE TREMBLE	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
DR BRAD WOODFORD	BOARD MEMBER	1.00	Director	$0	$0	$0
ALI WORSTER	BOARD MEMBER	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$11,862,517	$7,168,901	$28,515,437	$4,693,616
2023	$8,514,863	$6,539,059	$23,541,789	$1,975,804
2022	$7,757,362	$6,375,514	$20,663,539	$1,381,848
2021	$15,937,355	$5,330,907	$20,516,429	$10,606,448
2020	$4,935,728	$4,643,538	$11,068,892	$292,190
2019	$4,885,602	$4,983,844	$10,364,419	$-98,242
2018	$4,342,113	$4,480,870	$9,576,398	$-138,757

BANGOR YOUNG MEN'S CHRISTIAN ASSOCIATION