YOUNG MENS CHRISTIAN ASSN OF FREEHOLD NJ

EIN: 226069158 501(c)(3)

FREEHOLD, NJ

Total Revenue
$6,715,623
Total Expenses
$12,412,534
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1876
Legal Domicile
NJ
Principal Officer
MICHAEL TRIGILI
Phone
7326715505
Tax Period
2019-01-01 to 2019-12-31

YOUNG MENS CHRISTIAN ASSN OF FREEHOLD NJ, founded in 1876, is a community nonprofit that reported $6.7M in total revenue in fiscal year 2019. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $12.4M exceeded revenue, resulting in a 85% operating deficit.

Mission

THE YMCA OF WESTERN MONMOUTH COUNTY IS AN ASSOCIATION OF MEMBERS DEVOTED TO COMMUNITY SERVICE AND GOOD WORKS. ALTHOUGH ROOTED IN THE JUDEO CHRISTIAN HERITAGE, THE YMCA SERVES ALL PEOPLE REGARDLESS OF RELIGION, RACE, AGE, INCOME, ABILITY OR SEX. OUR PURPOSE IS TO HELP ALL WHO WISH TO BE A PART OF OUR FELLOWSHIP, TO DEVELOP TO THE FULLEST IN SPIRIT, MIND AND BODY, TO STRENGTHEN FAMILIES, TO DEVELOP LEADERSHIP IN YOUTH AND TO BUILD INTERNATIONAL UNDERSTANDING.

Program Service Accomplishments

Program 1
Expenses: $2,755,930

HEALTHY LIVING - THE YMCA PROVIDES THE COMMUNITY: A VARIETY OF CLASSES AND PROGRAMS THAT SUPPORT PHYSICAL, INTELLECTUAL AND SPIRITUAL STRENGTH; PHYSICAL FITNESS CLASSES FOR ALL AGES FROM INFANTS TO...

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HEALTHY LIVING - THE YMCA PROVIDES THE COMMUNITY: A VARIETY OF CLASSES AND PROGRAMS THAT SUPPORT PHYSICAL, INTELLECTUAL AND SPIRITUAL STRENGTH; PHYSICAL FITNESS CLASSES FOR ALL AGES FROM INFANTS TO SENIORS WITH VARIOUS LEVELS OF PHYSICAL ACTIVITY FROM BEGINNER TO ADVANCED, FOR GOOD HEALTH AND PHYSICAL WELL-BEING, AS WELL AS PROGRAMS THAT PROVIDE SUPPORT FOR A BALANCED SPIRIT AND MIND; AN ENVIRONMENT FOR FAMILIES TO CULTIVATE STRONGER BONDS THROUGH FAMILY-ORIENTED ACTIVITIES; EDUCATIONAL PROGRAMS THAT ENCOURAGE HEALTH DECISIONS FOR A FULLER LIFE.

Program 2
Expenses: $2,683,278

YOUTH DEVELOPMENT - THE YMCA PROVIDES THE COMMUNITY: QUALITY FULL-DAY AND HALF-DAY CHILD CARE FOR INFANTS THROUGH PRESCHOOLERS, ALLOWING PARENTS TO WORK WITH CONFIDENCE THAT THEIR CHILDREN ARE IN...

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YOUTH DEVELOPMENT - THE YMCA PROVIDES THE COMMUNITY: QUALITY FULL-DAY AND HALF-DAY CHILD CARE FOR INFANTS THROUGH PRESCHOOLERS, ALLOWING PARENTS TO WORK WITH CONFIDENCE THAT THEIR CHILDREN ARE IN SAFE ENVIRONMENTS, AND AFTERSCHOOL CARE PROGRAMS THAT FOCUS ON SAFETY, HEALTH, SOCIAL GROWTH AND ACADEMIC ENHANCEMENT, WITH PHYSICAL ACTIVITY OPTIONS THAT DEVELOP STUDENTS' INTERESTS AND TALENTS; CAMPS OFFER A VARIETY OF FUN ACTIVITIES IN SAFE SURROUNDINGS, LED BY TRAINED COUNSELORS WHO GUIDE KIDS IN HAVING MEMORABLE EXPERIENCES SUCH AS A LOVE FOR THE OUTDOORS AND NATURE; CAMPERS CULTIVATE NEW FRIENDSHIPS, LEARN HEALTHY ATTITUDES, DEVELOP LEADERSHIP SKILLS AND CHARACTER VALUES FOR LIFE, LIKE SELF-RESPECT AND HONESTY.

Program 3
Expenses: $250,481

SOCIAL RESPONSIBILITY - THE YMCA PROVIDES THE COMMUNITY: A YOUTH AND TEEN CENTER, WHICH PROVIDES A SAFE HAVEN AND AN ENVIRONMENT TO DEVELOP LEADERSHIP SKILLS, FOSTER CONNECTIONS AND SOCIALIZATION...

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SOCIAL RESPONSIBILITY - THE YMCA PROVIDES THE COMMUNITY: A YOUTH AND TEEN CENTER, WHICH PROVIDES A SAFE HAVEN AND AN ENVIRONMENT TO DEVELOP LEADERSHIP SKILLS, FOSTER CONNECTIONS AND SOCIALIZATION WITH OTHERS; FACILITY USE BY COMMUNITY GROUPS TO PARTAKE IN ORGANIZED ACTIVITIES, WHICH FOSTER INTERGROUP AND INTERRACIAL UNDERSTANDING; VOLUNTEER OPPORTUNITIES FOR PEOPLE TO GIVE THEIR TIME, TALENT AND TREASURE AND BECOME MORE INVOLVED IN THEIR COMMUNITIES; FUNDRAISING RESOURCES THAT SUPPORT AFFORDABLE PROGRAMS AND SERVICES FOR UNDERSERVED COMMUNITIES.

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

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $187,578
Program Service Revenue $6,465,420
Investment Income $23,346
Other Revenue $39,279
TOTAL REVENUE $6,715,623

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,745,035
Fundraising Expenses $87,954
Program Expenses $5,689,689
Other Expenses $8,667,499
TOTAL EXPENSES $12,412,534

Year-over-Year Comparison

2019 2018 Change
Revenue $6,715,623 $10,486,129 -0.4%
Expenses $12,412,534 $9,921,266 +0.3%
Net Income $-5,696,911 $564,863 -11.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
698
Volunteers
100

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
6
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RUSSELL AZZARELLO 1ST VICE CHAIR 5.00
Officer Director
$0 $0 $0
JOSEPH BELLINA DIRECTOR 2.00
Director
$0 $0 $0
STACEY DEALMEIDA CHAIRPERSON 5.00
Officer Director
$0 $0 $0
DAN FISHMAN DIRECTOR 2.00
Director
$0 $0 $0
BARRY GORDON DIRECTOR 2.00
Director
$0 $0 $0
RAYMOND LEAHY DIRECTOR 2.00
Director
$0 $0 $0
RICHARD P LOMURRO ESQ DIRECTOR 2.00
Director
$0 $0 $0
CRAIG MCGRAW DIRECTOR 2.00
Director
$0 $0 $0
AGNES MCKIM DIRECTOR 2.00
Director
$0 $0 $0
EDWARD MORAN DIRECTOR 2.00
Director
$0 $0 $0
ROGAN M O'DONNELL DIRECTOR 2.00
Director
$0 $0 $0
JANET PHILLIPS DIRECTOR 2.00
Director
$0 $0 $0
MARK SAKER ESQ SECRETARY 5.00
Officer Director
$0 $0 $0
SHARI SCARAMUZZO DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL TRIGILI CPA TREASURER 5.00
Officer Director
$0 $0 $0
ROBERT V WEISS JR PAST CHARIMAN 5.00
Officer Director
$0 $0 $0
MICHAEL A WRIGHT 2ND VICE CHAIR 5.00
Officer 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
2019 $6,715,623 $12,412,534 No data $-5,696,911
2018 $10,486,129 $9,921,266 $10,628,647 $564,863
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