Aberdeen Family YMCA

EIN: 460255779 501(c)(3)

Aberdeen, SD

Total Revenue
$5,587,085
Total Expenses
$5,507,713
Total Assets
$22,768,614
Net Assets
$21,275,674
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Financial Trends

Organization Details

Formation Year
1920
Legal Domicile
SD
Principal Officer
Michael Quast
Phone
6052254910
Tax Period
2024-09-01 to 2025-08-31

Aberdeen Family YMCA, founded in 1920, is a community nonprofit that reported $5.6M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Net assets of $21.3M represent 46 months of operating reserves.

Mission

To put Christian principles into practice through programs that build healthy spirit, mind, and body for all.

Program Service Accomplishments

Program 1
Expenses: $2,144,127 Revenue: $2,039,061

Helping people of all ages and abilities develop health in spirit, mind, and body is at the core of the Aberdeen Family YMCA. Our programs are designed to help people create realistic goals for...

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Helping people of all ages and abilities develop health in spirit, mind, and body is at the core of the Aberdeen Family YMCA. Our programs are designed to help people create realistic goals for self-improvement and emphasize disease prevention through regular exercise, proper nutrition, stress management, and health education. There are programs at our YMCA for all ages, abilities, and level of fitness. The YMCA has identified the growing national obesity rates in this country as a critical social issue that must be addressed and our health and well-being programs are designed to help people achieve wholeness in their life. YMCA programs promote interaction, teamwork, and development of moral and ethical behavior, social skills and self-esteem. We serve approximately 5,500 members as well as thousands of additional people taking part in YMCA sponsored programs and activities and provided financial assistance.

Program 2
Expenses: $2,904,922 Revenue: $2,468,588

The Aberdeen Family YMCA provides high quality child care activities for preschool and school age children from all segments of our community. We offer a variety of state licensed childcare programs...

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The Aberdeen Family YMCA provides high quality child care activities for preschool and school age children from all segments of our community. We offer a variety of state licensed childcare programs, both full and part-time, which provide a safe and nurturing environment where youth can develop self-esteem, good values and an appreciation of charitable service. Woven into the fabric of the YMCA mission is a commitment to strengthening families. Our child care programs relieve the burden of balancing work and family and make it possible for parents of children in our care to remain gainfully employed, knowing that their children are thriving in a safe, developmentally sound environment.The Aberdeen Family YMCA provides tuition assistance for child care services and accepts eligible state assisted families. In addition, we provide aid to families who need help due to family violence, substance abuse, etc., by collaborating with other social service agencies. We provide activities and information helping parents to learn more about raising healthy, happy children with positive self-esteem. We serve approximately 300 children on a daily basis at our child care centers.

Program 3
Expenses: $105,359 Revenue: $128,161

Our youth programs give kids good role models to help them develop personal attributes and focuses on our YMCA core values of caring, honesty, respect, and responsibility. Each program emphasizes...

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Our youth programs give kids good role models to help them develop personal attributes and focuses on our YMCA core values of caring, honesty, respect, and responsibility. Each program emphasizes personal growth in the curriculum. Our youth sports programs encourage social interaction, skill development, and core values along with teamwork and working with others. After school play programs and summer day camps provide a lasting experience of personal enrichment. They provide challenges and promote mental development, physical well-being, social growth, and self-respect. They benefit by becoming aware of the value of cooperation and gain confidence in the programs. The aquatics program not only helps youth and toddlers develop their physical skills, but it also provides opportunities for the entire family to share time in the pool to appreciate one another and promote intergenerational relationships. Our special needs camp provides opportunities for kids to experience activities they otherwise would not be able to and allows them to just be themselves. About 3,000 kids benefit from these programs annually.

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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 $582,548
Program Service Revenue $4,640,590
Investment Income $141,512
Other Revenue $222,435
TOTAL REVENUE $5,587,085

Expense Breakdown

Grants Paid $355,705
Salaries & Benefits $3,329,090
Fundraising Expenses $36,788
Program Expenses $5,154,408
Other Expenses $1,822,918
TOTAL EXPENSES $5,507,713

Year-over-Year Comparison

2024 2023 Change
Revenue $5,587,085 $6,369,488 -0.1%
Expenses $5,507,713 $5,163,840 +0.1%
Net Income $79,372 $1,205,648 -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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Governance

Voting Members
18
Independent Members
18
Employees
399
Volunteers
755

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
6
$222,910
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Eric Larson President 1.00
Officer Director
$0 $0 $0
Hannah Walter Vice President 1.00
Officer Director
$0 $0 $0
Nathan Golz Treasurer 1.00
Officer Director
$0 $0 $0
Nicole Schutter Secretary 1.00
Officer Director
$0 $0 $0
Lisa Dewar Director 1.00
Director
$0 $0 $0
Carmen Meyer Director 1.00
Director
$0 $0 $0
Jeff Senst Director 1.00
Director
$0 $0 $0
Kim Dorsett Director 1.00
Director
$0 $0 $0
DrRosalie Ball Director 1.00
Director
$0 $0 $0
Jonathan Goff Director 1.00
Director
$0 $0 $0
Gina Karst Director 1.00
Director
$0 $0 $0
Amber Schwab Director 1.00
Director
$0 $0 $0
Dan Bjerknes Director 1.00
Director
$0 $0 $0
Dr James Johnston Director 1.00
Director
$0 $0 $0
Brian Vander Weyst Director 1.00
Director
$0 $0 $0
Andy Rehder Director 1.00
Director
$0 $0 $0
Tom Cogley Director 1.00
Director
$0 $0 $0
Lee Kessler Director 1.00
Director
$0 $0 $0
Shane Franks Director (Until April 2025) 1.00
Director
$0 $0 $0
Michael Quast CEO 55.00
Officer
$135,595 $8,849 $144,444
Rebecca Kappenman CFO 50.00
Officer
$69,617 $8,849 $78,466
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 $5,587,085 $5,507,713 $22,768,614 $79,372
2024 $6,369,488 $5,163,840 $22,227,506 $1,205,648
2023 $6,907,674 $5,201,513 $20,190,763 $1,706,161
2022 $7,153,498 $4,938,866 $17,877,417 $2,214,632
2021 $4,540,788 $4,082,576 $16,456,117 $458,212
2020 $3,596,865 $4,128,817 $15,715,524 $-531,952
2019 $4,466,733 $4,663,141 $15,582,441 $-196,408
2018 $4,301,547 $4,702,014 $16,192,402 $-400,467
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