ALGONA FAMILY YMCA (EIN 421225829) - 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

1983

Legal Domicile

Principal Officer

JENNIFER HARRINGTON

Phone

5152957701

Tax Period

2023-01-01 to 2023-12-31

ALGONA FAMILY YMCA, founded in 1983, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 33% operating deficit.

Mission

YOUTH DEVELOPMENT: OUR YMCA IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN. WE BELIEVE THAT ALL KIDS DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT'S WHY WE HELP YOUNG PEOPLE CULTIVATE THE VALUES, SKILLS AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH AND EDUCATIONAL ACHIEVEMENT. OUR YMCA PROGRAMS, SUCH AS YOUTH SPORTS, SWIM LESSONS, SWIM TEAM, CHILDCARE, FATHER/DAUGHTER DANCE AND WORKOUT WARRIOR CLASSES OFFER A RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL AND EMOTIONAL GROWTH. EXPENSES INCLUDE SUBSIDIES AND DIRECT FINANCIAL ASSISTANCE THAT MAKE PARTICIPATION POSSIBLE FOR 13 PERCENT OF THE YOUNG PEOPLE WE ENGAGE. HEALTHY LIVING: THE Y IS A LEADING VOICE ON HEALTH AND WELL-BEING. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS, FUN AND SHARED INTERESTS. AS A RESULT, OVER 4,700 PEOPLE IN OUR COMMUNITY ARE RECEIVING THE SUPPORT, GUIDANCE AND RESOURCES

🔒

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 $267,941

Program Service Revenue $1,028,012

Investment Income $7,087

Other Revenue $3,813

TOTAL REVENUE $1,306,853

Expense Breakdown

Grants Paid $100

Salaries & Benefits $750,758

Fundraising Expenses $68,571

Program Expenses $1,289,439

Other Expenses $986,694

TOTAL EXPENSES $1,737,552

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,306,853	$2,382,615	-0.5%
Expenses	$1,737,552	$1,573,160	+0.1%
Net Income	$-430,699	$809,455	-1.5%

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

Volunteers

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
SHELLY BROWN	SECRETARY	0.50	Officer Director	$0	$0	$0
JOE CARTER	TREASURER	0.50	Officer Director	$0	$0	$0
NICOLE CASEY	VICE PRESIDE	0.50	Officer Director	$0	$0	$0
JENNIFER DAVIS	DIRECTOR	0.50	Director	$0	$0	$0
MARK DELANGE	DIRECTOR	0.50	Director	$0	$0	$0
LINDSAY FUERSTENAU	DIRECTOR	0.50	Director	$0	$0	$0
FR ED GIRRES	DIRECTOR	0.50	Director	$0	$0	$0
JENNIFER HARRINGTON	PRESIDENT	0.50	Officer Director	$0	$0	$0
STEVE HOSKINS	DIRECTOR	0.50	Director	$0	$0	$0
ERIC KAHLE	DIRECTOR	0.50	Director	$0	$0	$0
JENNIFER PENNING	DIRECTOR	0.50	Director	$0	$0	$0
JARROD WEICHERT	DIRECTOR	0.50	Director	$0	$0	$0
GREG WILSON	DIRECTOR	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	$1,306,853	$1,737,552	$5,205,844	$-430,699
2022	$2,382,615	$1,573,160	$5,670,293	$809,455
2021	$1,554,463	$1,452,309	$4,936,950	$102,154
2020	$1,109,436	$1,221,846	$4,862,590	$-112,410
2019	$1,233,476	$1,534,179	$5,034,521	$-300,703
2018	$1,186,515	$1,392,096	$5,269,297	$-205,581

ALGONA FAMILY YMCA