YMCA OF READING & BERKS COUNTY

EIN: 231244009 501(c)(3) Human Services

READING, PA

Total Revenue
$10,199,505
Total Expenses
$10,287,768
Total Assets
$10,704,827
Net Assets
$5,743,064
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1858
Legal Domicile
PA
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

THE YMCA OF READING AND BERKS COUNTY'S MISSION IS TO PUT JUDEO-CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL. THE YMCA OF READING AND BERKS COUNTY IS A CAUSE-DRIVEN ORGANIZATION THAT IS FOR YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY. THAT'S BECAUSE A STRONG COMMUNITY CAN ONLY BE ACHIEVED WHEN WE INVEST IN OUR KIDS, OUR HEALTH AND OUR NEIGHBORS.

Program Service Accomplishments

Program 1
Expenses: $3,439,908 Revenue: $1,635,011

CHILD CARE - THE YMCA OF READING AND BERKS COUNTY IS ONE OF THE LARGEST PROVIDERS OF CHILDCARE IN BERKS COUNTY. THE YMCA PROVIDES HIGH QUALITY CHILDCARE BY COMPREHENSIVE, AGE APPROPRIATE ACTIVITIES...

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CHILD CARE - THE YMCA OF READING AND BERKS COUNTY IS ONE OF THE LARGEST PROVIDERS OF CHILDCARE IN BERKS COUNTY. THE YMCA PROVIDES HIGH QUALITY CHILDCARE BY COMPREHENSIVE, AGE APPROPRIATE ACTIVITIES FOR INFANTS THROUGH SCHOOL AGE CHILDREN AT TWO FULL DAY CENTERS AND TEN BEFORE AND AFTER SCHOOL LOCATIONS. WE PROVIDE FULL AND PART TIME OPTIONS AT ALL LOCATIONS, AS WELL AS SECOND SHIFT CARE AT OUR READING LOCATION, TO SERVE A WIDE RANGE OF FAMILY SCHEDULING NEEDS. WOVEN INTO THE FABRIC OF THE YMCA MISSION IS A COMMITMENT TO STRENGTHEN FAMILIES. YMCA CHILDCARE PROGRAMS RELIEVE THE BURDEN OF BALANCING WORK AND FAMILY AND MAKE IT POSSIBLE FOR PARENTS OF CHILDREN IN OUR CARE TO REMAIN GAINFULLY EMPLOYED, KNOWING THAT THEIR CHILDREN ARE THRIVING IN A SAFE, DEVELOPMENTALLY SOUND ENVIRONMENT. THE YMCA COLLABORATES WITH OTHER SOCIAL SERVICE AGENCIES TO PROVIDE SUBSIDY FOR CHILDCARE FEES AND SUPPORTIVE SERVICES FOR PARENTS AND CHILDREN. ALL YMCA CHILDCARE CENTERS ARE LICENSED BY THE DEPARTMENT OF HUMAN SERVICES AND ARE KEYSTONE STARS QUALITY-RATED.

Program 2
Expenses: $1,444,643 Revenue: $518,018

HUMAN SERVICES - OUR YMCA WORKS IN COLLABORATION WITH GOVERNMENTAL AND COMMUNITY AGENCIES TO PROVIDE TEN TRANSITIONAL HOUSING PROGRAMS FOR HOMELESS MEN, WOMEN AND WOMEN WITH CHILDREN. THESE PROGRAMS...

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HUMAN SERVICES - OUR YMCA WORKS IN COLLABORATION WITH GOVERNMENTAL AND COMMUNITY AGENCIES TO PROVIDE TEN TRANSITIONAL HOUSING PROGRAMS FOR HOMELESS MEN, WOMEN AND WOMEN WITH CHILDREN. THESE PROGRAMS INCLUDE LIFE SKILLS, EDUCATION, JOB READINESS AND INTENSIVE CASE MANAGEMENT TO INDIVIDUALS WHO ARE LEAVING DRUG AND ALCOHOL REHABILITATION CENTERS AND/OR INCARCERATION. IN ADDITION, THE SAME SERVICES ARE PROVIDED TO HOMELESS VETERANS, INDIVIDUALS WHO HAVE BEEN DUALLY DIAGNOSED WITH DRUG ADDICTIONS AND MENTAL HEALTH ISSUES AND SINGLE MOMS AND THEIR CHILDREN. THESE PROGRAMS CREATE A SENSE OF COMMUNITY AND BELONGING FOR OUR CLIENTS AND WERE DEVELOPED TO PROVIDE CLIENTS WITH THE SUPPORTIVE SERVICES THEY NEED TO BECOME SELF SUFFICIENT.

Program 3
Expenses: $1,892,412 Revenue: $1,657,047

HEALTH AND WELLNESS/MEMBERSHIP - HELPING PEOPLE OF ALL AGES AND ABILITIES (REGARDLESS OF ABILITY TO PAY) TO DEVELOP HEALTH IN SPIRIT, MIND AND BODY IS AT THE CORE OF THE YMCA MOVEMENT. OUR PROGRAMS...

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HEALTH AND WELLNESS/MEMBERSHIP - HELPING PEOPLE OF ALL AGES AND ABILITIES (REGARDLESS OF ABILITY TO PAY) TO DEVELOP HEALTH IN SPIRIT, MIND AND BODY IS AT THE CORE OF THE YMCA MOVEMENT. OUR PROGRAMS ARE DESIGNED TO HELP PEOPLE CREATE REALISTIC GOALS FOR SELF IMPROVEMENT AND EMPHASIZE DISEASE PREVENTION THROUGH REGULAR EXERCISE, PROPER NUTRITION, STRESS REDUCTION, AND HEALTH EDUCATION. SPORTS PROGRAMS FOR YOUTH, FAMILIES AND ADULTS PROMOTE TEAMWORK, INTERACTION, AND DEVELOPMENT OF SOCIAL AND PHYSICAL SKILLS. OUR AQUATIC EXCERCISE PROGRAM KEEPS SENIORS ACTIVE AND FLEXIBLE; OUR AQUATIC PROGRAM HELPS TO DEVELOP PHYSICAL SKILLS FOR CHILDREN OF ALL AGES; OUR FAMILY SWIM AND PARENT-CHILD PROGRAMS GIVE ADULTS AND CHILDREN SHARED TIME IN THE POOL TO INTERACT WITH EACH OTHER AND PROMOTE INTERGENERATIONAL RELATIONSHIPS. IN LIGHT OF THE NATIONAL OBESITY CRISIS, OUR YMCA PARTICIPATES IN THE MICHELLE OBAMA'S LET'S MOVE INITIATIVE AND PARTICIPATES IN A VARIETY OF EVENTS AND COMMUNITY ACTIVITIES DESIGNED TO HELP THE "AT RISK POPULATION" DEVELOP HABITS AND RELATIONSHIPS THAT LEAD TO MORE ACTIVE LIFESTYLES. YMCA MEMBERSHIP IS INCLUSIVE AND AVAILABLE REGARDLESS OF ABILITY TO PAY. THERE ARE NO CONTRACTS. YMCA MEMBERSHIP AND PROGRAMS ARE AVAILABLE TO ALL.

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

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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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Governance

Voting Members
16
Independent Members
15
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
7
$476,840
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
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
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