YOUNG MEN'S CHRISTIAN ASSOCIATION ASHLAND OHIO INC

EIN: 340714793 501(c)(3) Human Services

ASHLAND, OH

Total Revenue
$1,496,321
Total Expenses
$1,483,716
Total Assets
$7,406,905
Net Assets
$7,379,829
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Financial Trends

Organization Details

Formation Year
1906
Legal Domicile
OH
Principal Officer
MOLLY RILEY
Phone
4192890626
Tax Period
2023-01-01 to 2023-12-31

YOUNG MEN'S CHRISTIAN ASSOCIATION ASHLAND OHIO INC, founded in 1906, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2023. Revenue fell 66% from the prior year — a significant decline worth monitoring. Net assets of $7.4M represent 59 months of operating reserves.

Mission

THE YMCA OF ASHLAND OHIO, INC. IS A CHARITABLE, COMMUNITY SERVICE ORGANIZATION THAT INCLUDES MEN, WOMEN AND CHILDREN OF ALL AGES, ABILITIES, INCOMES, RACES AND RELIGIONS. WE ARE DEDICATED TO BUILDING STRONG KIDS, STRONG FAMILIES, AND STRONG COMMUNITIES BY PUTTING CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT PROMOTE HEALTHY LIFESTYLES, STRONG VALUES, LEADERSHIP DEVELOPMENT, COMMUNITY INTERACTION, AND INTERNATIONAL UNDERSTANDING. OUR YMCA IS FOUNDED AND LED BY VOLUNTEERS FROM OUR COMMUNITY; VOLUNTEERS ALSO SERVE AS MENTORS, COACHES, PROGRAM LEADERS, INSTRUCTORS AND MORE. DUES ARE BASED ON COMMUNITY AFFORDABILITY AND FINANCIAL ASSISTANCE IS AVAILABLE FOR THOSE CHILDREN WHO CANNOT AFFORD TO PAY THE FULL COST OF MEMBERSHIP. YMCA OF ASHLAND'S MISSION IS BUILDING A COMMUNITY WHERE ALL PEOPLE, ESPECIALLY THE YOUNG, ARE ENCOURAGED TO DEVELOP THEIR FULLEST POTENTIAL IN SPIRIT, MIND AND BODY.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $465,061
Program Service Revenue $1,034,512
Investment Income $-69,694
Other Revenue $66,442
TOTAL REVENUE $1,496,321

Expense Breakdown

Grants Paid $0
Salaries & Benefits $928,203
Fundraising Expenses $0
Program Expenses $708,286
Other Expenses $555,513
TOTAL EXPENSES $1,483,716

Year-over-Year Comparison

2023 2022 Change
Revenue $1,496,321 $4,403,750 -0.7%
Expenses $1,483,716 $1,294,492 +0.1%
Net Income $12,605 $3,109,258 -1.0%
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
12
Independent Members
12
Employees
172
Volunteers
236

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
$68,201
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARL GERBASI PAST PRESIDE 0.50
Officer Director
$0 $0 $0
AARON FORBES PRESIDENT 0.50
Officer Director
$0 $0 $0
BEAU CARPENTER TREASURER 0.50
Officer Director
$0 $0 $0
NICOLE HAWKS SECRETARY 0.50
Officer Director
$0 $0 $0
STEVE PURVIS TRUSTEE 0.50
Director
$0 $0 $0
JON HAAG TRUSTEE 0.50
Director
$0 $0 $0
MATT GORRELL TRUSTEE 0.50
Director
$0 $0 $0
RON HUIATT TRUSTEE 0.50
Director
$0 $0 $0
JIM SAUBER TRUSTEE 0.50
Director
$0 $0 $0
MOLLY RILEY EXECUTIVE DI 40.00
Officer
$68,201 $0 $68,201
DON HARRIS VICE PREIDEN 0.50
Director
$0 $0 $0
AARON ROSS TRUSTEE 0.50
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 $1,496,321 $1,483,716 $7,406,905 $12,605
2022 $4,403,750 $1,294,492 $7,407,566 $3,109,258
2021 $1,430,969 $1,162,712 $4,463,951 $268,257
2020 $1,186,687 $1,133,471 $4,031,836 $53,216
2019 $1,486,603 $1,281,190 $3,902,941 $205,413
2018 $1,220,078 $1,252,819 $3,641,540 $-32,741
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