YOUNG MENS CHRISTIAN ASSOC OF GREENWICH INC (EIN 060646976) - 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

1916

Legal Domicile

Principal Officer

MATTHEW SKAARUP

Phone

2038691630

Tax Period

2024-01-01 to 2024-12-31

YOUNG MENS CHRISTIAN ASSOC OF GREENWICH INC, founded in 1916, is a community nonprofit in the Human Services sector that reported $8.9M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Net assets of $33.6M represent 45 months of operating reserves.

Mission

THE YMCA OF GREENWICH ENRICHES THE COMMUNITY BY DEVELOPING AND NURTURING YOUTH, PROMOTING HEALTHY LIVING FOR ALL AND FOSTERING SOCIAL RESPONSIBILITY.

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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 $921,759

Program Service Revenue $7,610,513

Investment Income $104,429

Other Revenue $283,725

TOTAL REVENUE $8,920,426

Expense Breakdown

Grants Paid $430,011

Salaries & Benefits $4,376,419

Fundraising Expenses $155,752

Program Expenses $7,318,101

Other Expenses $4,811,187

TOTAL EXPENSES $9,617,617

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,920,426	$7,738,042	+0.2%
Expenses	$9,617,617	$7,941,876	+0.2%
Net Income	$-697,191	$-203,834	+2.4%

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

234

Volunteers

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

$525,603

Total Directors

$525,603

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW SKAARUP	CEO	40.00	Officer Director	$309,676	$31,698	$341,374
NATHAN SMITH	VP OPERATIONS	40.00	Officer Director	$143,227	$41,002	$184,229
MARCEL BENS	CHAIR OF THE BOARD	2.00	Officer Director	$0	$0	$0
KIMBERLY ROSENBAUM	VICE CHAIR	2.00	Officer Director	$0	$0	$0
ROBERT BURTON	VICE CHAIR	2.00	Officer Director	$0	$0	$0
JON CHARETTE	TREASURER	2.00	Officer Director	$0	$0	$0
AMY MCGRATH	SECRETARY	2.00	Director	$0	$0	$0
JULIE ATKINSON	DIRECTOR	2.00	Director	$0	$0	$0
SAAM AZAR	DIRECTOR	2.00	Director	$0	$0	$0
MIKE BEGO	DIRECTOR	2.00	Director	$0	$0	$0
AL BRODBECK	DIRECTOR (UNTIL JUNE 2024)	2.00	Director	$0	$0	$0
RITA CAPEK	DIRECTOR	2.00	Director	$0	$0	$0
ELIZABETH DEHAVEN	DIRECTOR	2.00	Director	$0	$0	$0
BRETT HICKEY	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTOPHER JENNINGS	DIRECTOR (UNTIL JUNE 2024)	2.00	Director	$0	$0	$0
DAN KOORBUSCH	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD LUKAJ	DIRECTOR	2.00	Director	$0	$0	$0
SHAHRYAR OVEISSI	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTIAN PERRY	DIRECTOR (UNTIL JUNE 2024)	2.00	Director	$0	$0	$0
ALEXANDER RAMIREZ	DIRECTOR (UNTIL JUNE 2024)	2.00	Director	$0	$0	$0
SCOTT RICKMAN	DIRECTOR	2.00	Director	$0	$0	$0
ANNE SILVEY	DIRECTOR	2.00	Director	$0	$0	$0
BHARATH SRIKRISHNAN	DIRECTOR (UNTIL JUNE 2024)	2.00	Director	$0	$0	$0
DAVID WARD	DIRECTOR (UNTIL JUNE 2024)	2.00	Director	$0	$0	$0
JOHN WU	DIRECTOR	2.00	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	$8,920,426	$9,617,617	$35,631,126	$-697,191
2023	$7,738,042	$7,941,876	$36,377,615	$-203,834
2022	$6,851,307	$7,028,537	$37,124,709	$-177,230
2021	$7,462,238	$6,776,441	$39,205,218	$685,797
2020	$6,381,343	$7,216,625	$38,939,015	$-835,282
2019	$8,525,591	$9,382,919	$36,890,438	$-857,328
2018	$7,878,673	$8,882,699	$37,576,665	$-1,004,026

YOUNG MENS CHRISTIAN ASSOC OF GREENWICH INC