YMCA Foundation

EIN: 300187652 501(c)(3) Philanthropy & Grantmaking

Detroit, MI

Total Revenue
$623,035
Total Expenses
$1,037,802
Total Assets
$7,817,754
Net Assets
$7,817,754
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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
2002
Legal Domicile
MI
Phone
3132675300
Tax Period
2025-01-01 to 2025-12-31

YMCA Foundation, founded in 2002, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $623K in total revenue in fiscal year 2025. Expenses of $1.0M exceeded revenue, resulting in a 67% operating deficit.

Mission

THE YMCA FOUNDATION (THE "FOUNDATION") IS A SUPPORTING ORGANIZATION WHICH SUPPORTS PROGRAMS AND SERVICES ALIGNED WITH THE CHARITABLE PURPOSES OF THE YMCA OF METROPOLITAN DETROIT ("YMCA"), A SECTION 501(C)(3) ORGANIZATION WHICH QUALIFIES AS A PUBLICLY SUPPORTED ORGANIZATION UNDER SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI) OF THE CODE, AND OTHER PUBLIC CHARITIES THAT ARE CLOSELY RELATED IN PURPOSE OR FUNCTION TO THE YMCA. THE FOUNDATION SUPPORTS PROGRAMS AND ACTIVITIES DESIGNED TO ENHANCE CHARACTER, EDUCATION, COMMUNITY DEVELOPMENT, ARTS AND CULTURE, HEALTH, AND SOCIAL SERVICES FOR CHILDREN, FAMILIES AND COMMUNITIES, PRINCIPALLY THOSE CONDUCTED BY THE YMCA.

Program Service Accomplishments

Program 1
Expenses: $1,000,000

FUNDS FROM THE YMCA FOUNDATION SUPPORT A MYRIAD OF YMCA BRANCH PRIORITIES FROM CAMPING SCHOLARSHIPS AT CAMP OHIYESA AND NISSOKONE, TO DAY CAMP SCHOLARSHIPS AT MULTIPLE BRANCHES ACROSS SOUTHEAST...

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FUNDS FROM THE YMCA FOUNDATION SUPPORT A MYRIAD OF YMCA BRANCH PRIORITIES FROM CAMPING SCHOLARSHIPS AT CAMP OHIYESA AND NISSOKONE, TO DAY CAMP SCHOLARSHIPS AT MULTIPLE BRANCHES ACROSS SOUTHEAST MICHIGAN TO THE Y-ACHIEVERS PROGRAMMING SERVING THE CITY OF DETROIT AND OTHER COMMUNITIES. DESIGNATED GIFTS TO SEVERAL YMCA BRANCHES SUPPORT SPECIFIC PROGRAMS SUCH AS YMCA SWIM TEAMS AND LITERACY INITIATIVES IN ACCORDANCE WITH THE WISHES OF THE ORIGINAL DONORS.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $194,859
Program Service Revenue $0
Investment Income $428,176
Other Revenue $0
TOTAL REVENUE $623,035

Expense Breakdown

Grants Paid $1,000,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,000,000
Other Expenses $37,802
TOTAL EXPENSES $1,037,802

Year-over-Year Comparison

2025 2024 Change
Revenue $623,035 $598,938 +0.0%
Expenses $1,037,802 $405,403 +1.6%
Net Income $-414,767 $193,535 -3.1%
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

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Governance

Voting Members
11
Independent Members
8
Employees
N/A
Volunteers
8

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
5
$630,768
Total Directors
11
$630,768
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anca Mitchell Secretary 5.0
Officer Director
$0 $0 $59,716
Anthony P Cracchiolo Chair 2.0
Officer Director
$0 $0 $0
Michael E McInerney Vice Chair 2.0
Officer Director
$0 $0 $0
Michelle Kotas Treasurer 5.0
Officer Director
$0 $37,318 $236,980
Parrish Underwood President 5.0
Officer Director
$0 $41,745 $334,072
Andrew A Dincolo Board Member 1.0
Director
$0 $0 $0
Gregory C Hamilton Board Member 1.0
Director
$0 $0 $0
Harold Dubrowsky Board Member 1.0
Director
$0 $0 $0
John C Carter Board Member 2.0
Director
$0 $0 $0
Marita S Grobbel Board Member 2.0
Director
$0 $0 $0
Richard Aginian Board Member 1.0
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
2025 $623,035 $1,037,802 $7,817,754 $-414,767
2024 $598,938 $405,403 $7,769,369 $193,535
2023 $1,455,888 $35,797 $7,480,131 $1,420,091
2022 $580,079 $31,341 $5,617,127 $548,738
2021 $474,192 $1,535,003 $6,609,769 $-1,060,811
2020 $300,791 $731,762 $7,333,978 $-430,971
2019 $226,239 $918,028 $7,330,474 $-691,789
2018 $551,515 $456,756 $7,012,135 $94,759
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