YMCA MEMORIAL BUILDING CORPORATION (EIN 241785183) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Principal Officer

STEVE ROMEY

Phone

4192226056

Tax Period

2023-01-01 to 2023-12-31

YMCA MEMORIAL BUILDING CORPORATION, founded in 1994, is a micro nonprofit in the Health Care sector that reported $150 in total revenue in fiscal year 2023. Revenue surged 70% from the prior year, signaling strong growth momentum. Expenses of $332K exceeded revenue, resulting in a 221089% operating deficit.

Mission

LEASE THE FACILITY TO 501(C)3 TAX EXEMPT YMCA

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1

Investment Income $149

Other Revenue $0

TOTAL REVENUE $150

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $331,784

Other Expenses $331,784

TOTAL EXPENSES $331,784

Year-over-Year Comparison

	2023	2022	Change
Revenue	$150	$88	+0.7%
Expenses	$331,784	$331,782	+0.0%
Net Income	$-331,634	$-331,694	0.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT ARMSTRONG	BOARD MEMBER	N/A	Director	$0	$0	$0
JARED LEHMAN	EXECUTIVE DI	N/A	Director	$0	$0	$0
STEVE ROMEY	BOARD MEMBER	N/A	Director	$0	$0	$0
MICHAEL SWICK	BOARD MEMBER	N/A	Director	$0	$0	$0
JARED WALSH	TREASURER/SE	N/A	Director	$0	$0	$0
ERIC WIECHART	BOARD MEMBER	N/A	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	No data	No data	No data	No data
2023	$150	$331,784	$5,553,639	$-331,634
2022	$88	$331,782	$5,876,979	$-331,694
2021	$52	$331,782	$6,200,381	$-331,730
2020	$139	$331,784	$6,523,872	$-331,645
2019	$270	$331,782	$6,847,222	$-331,512
2018	$82	$328,458	$7,164,605	$-328,376

YMCA MEMORIAL BUILDING CORPORATION