Gastonia, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Gaston County Family YMCA, founded in 1951, is a mid-sized nonprofit that reported $15.7M in total revenue in fiscal year 2023. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.7M, a strong 49% operating margin.
The Gaston County Family YMCA 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, regardless of their ability to pay. Our YMCA is founded and led by volunteers from our community. Volunteers also serve as mentors, coaches, program leaders, instructors and more.
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, water activities, fun and shared...
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, water activities, fun and shared interests. This is particularly important as our nation struggles with isolation, obesity, cancer wellness, and work/life balance. Individuals search for personal fulfillment. It is our mission to ensure the Y is always affordable and open to all faiths, backgrounds, abilities, and income levels.
Youth Development: Our Y is committed to nurturing the potential of every child and we continue to be committed to supporting youth and families with childcare options. We believe that this focus on...
Youth Development: Our Y is committed to nurturing the potential of every child and we continue to be committed to supporting youth and families with childcare options. We believe that this focus on social and emotional health, values education, skill development, and relationship building leads to positive behaviors, better health and educational achievement. Our YMCA programs such as Youth Aquatics Initiatives, Youth Sports, Summer Day Camp, Y Afterschool, and Teen Mental Health Awareness offer a range of life skills that enrich cognitive, social, physical and emotional growth. Our YMCA believes every family should have access to affordable programs.
Social Responsibility: Our Y believes in giving back and supporting our community. We have been listening and responding to our community's most critical social needs for more than 60 years...
Social Responsibility: Our Y believes in giving back and supporting our community. We have been listening and responding to our community's most critical social needs for more than 60 years. Throughout the year we engaged in programs and initiatives focused on strengthening Gaston County. This includes working with youth, adults, seniors, families, staff, and volunteers to pave the way for future generations to thrive.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $15,746,531 | $9,132,789 | +0.7% |
| Expenses | $8,084,081 | $7,211,432 | +0.1% |
| Net Income | $7,662,450 | $1,921,357 | +3.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
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| N/A | Treasurer | 0.0 |
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| N/A | COO-CFO | 50.0 |
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$118,111 | $0 | $118,111 |
| N/A | CEO | 50.0 |
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$158,478 | $0 | $158,478 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $15,746,531 | $8,084,081 | $35,344,454 | $7,662,450 |
| 2022 | $9,132,789 | $7,211,432 | $29,832,895 | $1,921,357 |
| 2021 | $5,981,734 | $6,123,489 | $28,027,430 | $-141,755 |
| 2020 | $4,685,269 | $6,067,578 | $29,984,671 | $-1,382,309 |
| 2019 | $9,197,138 | $8,295,931 | $31,877,551 | $901,207 |
| 2018 | $12,900,640 | $8,557,214 | $35,223,476 | $4,343,426 |
Compare Gaston County Family YMCA with other nonprofits in North Carolina and across the country.