The YMCA of Greater High Point Foundation Inc (4563-SO1)

EIN: 463182168 501(c)(3) Human Services

High Point, NC

Total Revenue
$115,228
Total Expenses
$259,054
Total Assets
$2,273,334
Net Assets
$2,207,340
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NC
Phone
3368227802
Tax Period
2024-01-01 to 2024-12-31

The YMCA of Greater High Point Foundation Inc (4563-SO1), founded in 2013, is a small nonprofit in the Human Services sector that reported $115K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $259K exceeded revenue, resulting in a 125% operating deficit.

Mission

TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THOUGH PROGRAMS THAT BUILD A HEALTHY SPIRIT, MIND AND BODY FOR ALL. THE YMCA IS AN INCLUSIVE ORGANIZATION THAT SERVES ALL AGES, ABILITIES, INCOME, RACES AND RELIGIONS. REGARDLESS OF THE INDIVIDUAL'S ABILITY TO PAY, THE YMCA PROVIDES PROGRAMS AND SERVICES FOCUSED ON YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY. GOVERNED BY A BOARD OF DIRECTORS COMPRISED OF LOCAL VOLUNTEERS, THE YMCA SERVES AS A COMMUNITY RESOURCE FOR YOUTH, ADULTS , SENIORS AND FAMILIES.

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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 $5,394
Program Service Revenue $0
Investment Income $132,572
Other Revenue $-22,738
TOTAL REVENUE $115,228

Expense Breakdown

Grants Paid $250,000
Salaries & Benefits $0
Fundraising Expenses $9,054
Program Expenses $250,000
Other Expenses $9,054
TOTAL EXPENSES $259,054

Year-over-Year Comparison

2024 2023 Change
Revenue $115,228 $86,109 +0.3%
Expenses $259,054 $98,301 +1.6%
Net Income $-143,826 $-12,192 +10.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
17

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
9
$911,560
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ashley Williams Secretary 1.0
Officer Director
$0 $0 $0
Clark Gibson Chairman 1.0
Officer Director
$0 $0 $0
Jim White Vice Chairman 1.0
Officer Director
$0 $0 $0
Steve Lambeth Treasurer 1.0
Officer Director
$0 $0 $0
Barbara Coughlin Board Member 1.0
Director
$0 $0 $0
Bill Harris Board Member 1.0
Director
$0 $0 $0
Bob Amos Board Member 1.0
Director
$0 $0 $0
Bob Davis Board Member 1.0
Director
$0 $0 $0
David Wall Board Member 1.0
Director
$0 $0 $0
Fred Meredith Board Member 1.0
Director
$0 $0 $0
John Bencini Board Member 1.0
Director
$0 $0 $0
Matt Jobe Board Member 1.0
Director
$0 $0 $0
Megan Oglesby Board Member 1.0
Director
$0 $0 $0
Ray Bretzmann Board Member 1.0
Director
$0 $0 $0
Robert Blakely Board Member 1.0
Director
$0 $0 $0
Ron Austin Board Member 1.0
Director
$0 $0 $0
Rufus Yates Board Member 1.0
Director
$0 $0 $0
Annete Conrad CFO, YMCA OF HIGH POINT 2.0
Officer
$0 $17,358 $162,012
Lynn Lomax President/CEO, YMCA OF HIGH POINT 2.0
Officer
$0 $31,813 $296,921
Mary Ann Edwards VP-Advancement, YMCA OF HIGH POINT 2.0
Officer
$0 $15,472 $144,409
Michaux Crocker Vice President, YMCA OF HIGH POINT 2.0
Officer
$0 $19,415 $181,207
Paul Petr Sr VP-Operations, YMCA OF HIGH POINT 2.0
Officer
$0 $13,608 $127,011
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 No data No data No data No data
2024 $115,228 $259,054 $2,273,334 $-143,826
2023 $86,109 $98,301 $2,250,382 $-12,192
2022 $292,689 $83,646 $1,992,309 $209,043
2021 $161,861 $64,262 $2,493,311 $97,599
2020 $172,270 $53,962 $2,247,150 $118,308
2019 $89,452 $57,319 $1,998,811 $32,133
2018 $56,523 $53,755 $1,653,741 $2,768
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