YMCA OF READING & BERKS COUNTY (EIN 231244009) - 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

1858

Legal Domicile

Principal Officer

PHILLIP BORUP

Phone

6103784700

Tax Period

2024-01-01 to 2024-12-31

YMCA OF READING & BERKS COUNTY, founded in 1858, is a mid-sized nonprofit in the Human Services sector that reported $10.2M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

TO PUT JUDEO-CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD A HEALTHY SPIRIT, MIND AND BODY FOR ALL.

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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 $5,477,267

Program Service Revenue $4,640,516

Investment Income $101,796

Other Revenue $-20,074

TOTAL REVENUE $10,199,505

Expense Breakdown

Grants Paid $5,250

Salaries & Benefits $5,995,730

Fundraising Expenses $61,715

Program Expenses $8,059,945

Other Expenses $4,286,788

TOTAL EXPENSES $10,287,768

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,199,505	$8,706,554	+0.2%
Expenses	$10,287,768	$9,499,294	+0.1%
Net Income	$-88,263	$-792,740	-0.9%

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

422

Volunteers

508

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

$476,840

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TROY RIDER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JAMES MICHALAK	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
ROBERT IPPOLITO	TREASURER	1.00	Officer Director	$0	$0	$0
ELLEN NONNEMACHER	READING BRANCH CHAIRMAN	1.00	Officer Director	$0	$0	$0
DAVID ARGENTATI	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN ADAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFFREY D BUKOWSKI ESQ	BOARD MEMBER	1.00	Director	$0	$0	$0
ERIC BURKEY	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBIN COSTENBADER-JACOBSON	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL DOUTRICH	BOARD MEMBER	1.00	Director	$0	$0	$0
ZACH FOCHT	BOARD MEMBER	1.00	Director	$0	$0	$0
CHAD SCHLANGER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK SONDAG	BOARD MEMBER	1.00	Director	$0	$0	$0
PAUL TROISI ESQ	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL TRYMBISKI	BOARD MEMBER	1.00	Director	$0	$0	$0
WARREN WEIK	BOARD MEMBER	1.00	Director	$0	$0	$0
PHILLIP BORUP	PRESIDENT & CEO	50.00	Officer	$202,631	$27,224	$229,855
KENNETH C BORKEY JR	COO	50.00	Officer	$119,560	$16,433	$135,993
BRANDY STERNER	CFO	50.00	Officer	$96,344	$14,648	$110,992

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	$10,199,505	$10,287,768	$10,704,827	$-88,263
2023	$8,706,554	$9,499,294	$10,273,050	$-792,740
2022	$8,914,811	$9,025,808	$9,766,763	$-110,997
2021	$8,934,405	$8,547,535	$10,498,501	$386,870
2020	$7,729,445	$7,909,176	$10,087,473	$-179,731
2019	$8,496,433	$8,477,618	$10,199,417	$18,815
2018	$8,301,993	$7,779,943	$9,822,568	$522,050

YMCA OF READING & BERKS COUNTY