Aberdeen Family YMCA (EIN 460255779) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1920

Legal Domicile

Principal Officer

Michael Quast

Phone

6052254910

Tax Period

2023-09-01 to 2024-08-31

Aberdeen Family YMCA, founded in 1920, is a community nonprofit that reported $4.3M in total revenue in fiscal year 2017. Net assets of $15.5M represent 43 months of operating reserves.

Mission

The Aberdeen Family YMCA is a charitable, community service organization.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,686,184

Program Service Revenue $4,474,387

Investment Income $181,667

Other Revenue $27,250

TOTAL REVENUE $6,369,488

Expense Breakdown

Grants Paid $329,577

Salaries & Benefits $3,164,788

Fundraising Expenses $34,436

Program Expenses $4,709,785

Other Expenses $1,669,475

TOTAL EXPENSES $5,163,840

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,369,488	$6,907,674	-0.1%
Expenses	$5,163,840	$5,201,513	0.0%
Net Income	$1,205,648	$1,706,161	-0.3%

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

Governance

Voting Members

Independent Members

Employees

399

Volunteers

1000

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

$209,552

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Quast	CEO	55.00	Officer	$129,917	$8,176	$138,093
Rebecca Kappenman	CFO	50.00	Officer	$63,283	$8,176	$71,459
Shane Franks	President	1.00	Officer Director	$0	$0	$0
Eric Larson	Vice President	1.00	Officer Director	$0	$0	$0
Hannah Walter	Secretary	1.00	Officer Director	$0	$0	$0
Nathan Golz	Treasurer	1.00	Officer Director	$0	$0	$0
Amber Schwab	Director	1.00	Director	$0	$0	$0
Carmen Meyer	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
DrRosalie Ball	Director	1.00	Director	$0	$0	$0
Gina Karst	Director	1.00	Director	$0	$0	$0
Jeff Senst	Director	1.00	Director	$0	$0	$0
Jonathan Goff	Director	1.00	Director	$0	$0	$0
Kim Dorsett	Director	1.00	Director	$0	$0	$0
Lisa Wobst	Director	1.00	Director	$0	$0	$0
Andy Rehder	Director	1.00	Director	$0	$0	$0
Brian Vander Weyst	Director	1.00	Director	$0	$0	$0
Nicole Schutter	Director	1.00	Director	$0	$0	$0
Natalie Braun	Director (Until April 2024)	1.00	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	$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

Aberdeen Family YMCA