YOUNG MENS CHRISTIAN ASSOC OF SPENCER IOWA

EIN: 420820570 501(c)(3) Human Services

SPENCER, IA

Total Revenue
$2,879,048
Total Expenses
$2,915,049
Total Assets
$3,701,726
Net Assets
$3,444,686
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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
IA
Phone
7122623782
Tax Period
2024-01-01 to 2024-12-31

YOUNG MENS CHRISTIAN ASSOC OF SPENCER IOWA, founded in 1964, is a community nonprofit in the Human Services sector that reported $2.9M in total revenue in fiscal year 2024.

Mission

THE YMCA OF SPENCER 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 ALL PERSONS ARE WELCOME AT OUR YMCA, THROUGH GENEROUS CONTRIBUTIONS FROM YMCA MEMBERS AND THE UNITED WAY, NO ONE IS TURNED AWAY FROM THE YMCA DUE TO INABILITY TO PAY OUR YMCA IS FOUNDED AND LED BY VOLUNTEERS FROM OUR COMMUNITY, VOLUNTEERS ALSO SERVE AS MENTORS, COACHES, PROGRAM LEADERS, INSTRUCTORS, AND MORE GOALS OF PROGRAMS THE GOALS OF ALL YMCA PROGRAMS AND PRACTICES ARE TO HELP PARTICIPANTS - GROW AS RESPONSIBLE MEMBERS OF FAMILIES AND COMMUNITIES - RECOGNIZE THAT EVERYONE IS A CHILD OF GOD AND WORTHY OF RESPECT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,072,909
Program Service Revenue $1,740,273
Investment Income $65,852
Other Revenue $14
TOTAL REVENUE $2,879,048

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,873,913
Fundraising Expenses $211,238
Program Expenses $2,443,003
Other Expenses $948,908
TOTAL EXPENSES $2,915,049

Year-over-Year Comparison

2024 2023 Change
Revenue $2,879,048 $2,693,713 +0.1%
Expenses $2,915,049 $3,039,948 0.0%
Net Income $-36,001 $-346,235 -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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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
263
Volunteers
200

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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAN RIES Treasurer 1.0
Officer Director
$0 $0 $0
LEVI MORRIS SECRETARY 1.0
Officer Director
$0 $0 $0
SANDRA WARREN CHAIR 1.0
Officer Director
$0 $0 $0
WES BOYER Vice Chair 1.0
Officer Director
$0 $0 $0
ERIC SCHABLE DIRECTOR 1.0
Director
$0 $0 $0
LOGAN WOOD DIRECTOR 1.0
Director
$0 $0 $0
RACHEL VAN DER HEIDE DIRECTOR 1.0
Director
$0 $0 $0
TAYLOR CHAMPMAN DIRECTOR 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
2024 $2,879,048 $2,915,049 $3,701,726 $-36,001
2023 $2,693,713 $3,039,948 $3,786,589 $-346,235
2022 $3,294,396 $2,761,047 $4,163,931 $533,349
2021 $2,477,714 $2,458,553 $4,013,644 $19,161
2020 $1,987,358 $2,139,453 $4,098,315 $-152,095
2019 $2,181,830 $2,424,458 $3,838,476 $-242,628
2018 $2,148,255 $2,252,824 $4,075,411 $-104,569
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