TOM A FINCH COMMUNITY YMCA INC

EIN: 561004370 501(c)(3)

Thomasville, NC

Total Revenue
$2,015,754
Total Expenses
$2,182,831
Total Assets
$5,637,981
Net Assets
$5,379,956
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
NC
Phone
3364756125
Tax Period
2024-01-01 to 2024-12-31

TOM A FINCH COMMUNITY YMCA INC, founded in 1972, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024. Net assets of $5.4M represent 32 months of operating reserves.

Mission

THE MISSION AND PURPOSE OF THE YMCA IS TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND, AND BODY FOR ALL. YMCA PROGRAMS EMPHASIZE FOUR CORE VALUES - CARING, HONESTY, RESPECT, AND RESPONSIBILITY. WE SERVE MEN, WOMEN, AND CHILDREN OF ALL AGES, RACES, ABILITIES, INCOMES, AND RELIGIONS. AS A CHARITABLE, COMMUNITY- BASED ORGANIZATION, WE SEEK TO IDENTIFY COMMUNITY NEEDS AND TO RESPOND TO THEM IN SUCH A WAY THAT THE ENTIRE COMMUNITY BENEFITS; THE YMCA'S COMMITMENT IN THIS REGARD IS THAT NO ONE IS DENIED MEMBERSHIP OR PROGRAM PARTICIPATION DUE TO INABILITY TO PAY, SO FINANCIAL ASSISTANCE IS PROVIDED TO THOSE WHO NEED IT, TO THE EXTENT FUNDS ARE AVAILABLE TO DO SO. IN 2024, THE YMCA PROVIDED $26,457 IN FINANCIAL ASSISTANCE TO 61 CHILDREN IN OUR CHILD CARE PROGRAMS AND $36,764 TO 391 INDIVIDUALS OF ALL AGES FOR YMCA MEMBERSHIPS.

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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 $481,770
Program Service Revenue $1,460,218
Investment Income $44,880
Other Revenue $28,886
TOTAL REVENUE $2,015,754

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,195,213
Fundraising Expenses $10,754
Program Expenses $1,844,432
Other Expenses $987,618
TOTAL EXPENSES $2,182,831

Year-over-Year Comparison

2024 2023 Change
Revenue $2,015,754 $1,878,686 +0.1%
Expenses $2,182,831 $2,063,712 +0.1%
Net Income $-167,077 $-185,026 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
Employees
152
Volunteers
113

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
$109,252
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Diana Sullivan Treasurer 3.0
Officer Director
$0 $0 $0
Gary Bowers Vice Chairperson 2.0
Officer Director
$0 $0 $0
Sara Faulkner Past Chair 1.0
Officer Director
$0 $0 $0
Vickie Holder Chairperson 4.0
Officer Director
$0 $0 $0
Whitney Crowell Secretary 2.0
Officer Director
$0 $0 $0
Amanda Rose Director 1.0
Director
$0 $0 $0
Brad McNease Director 1.0
Director
$0 $0 $0
Carmen Santiago Director 1.0
Director
$0 $0 $0
Chelsey Proctor Director 1.0
Director
$0 $0 $0
David Shew Director 1.0
Director
$0 $0 $0
Jamie Mills Director 1.0
Director
$0 $0 $0
Ken Hanner Director 1.0
Director
$0 $0 $0
Kim Cecil Director 1.0
Director
$0 $0 $0
Kim Kanoy Director 1.0
Director
$0 $0 $0
Melanie Crowder Director 1.0
Director
$0 $0 $0
Richie Simmons Director 1.0
Director
$0 $0 $0
Tonya Ricks Director 1.0
Director
$0 $0 $0
Tray Hairston Director 1.0
Director
$0 $0 $0
Laura Sweitzer Chief Executive Officer 50.0
Officer
$94,000 $15,252 $109,252
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 $2,015,754 $2,182,831 $5,637,981 $-167,077
2023 $1,878,686 $2,063,712 $5,431,646 $-185,026
2022 $2,163,084 $2,021,475 $5,537,790 $141,609
2021 $1,937,103 $1,509,237 $5,550,308 $427,866
2020 $1,648,988 $1,648,505 $5,009,281 $483
2019 $1,639,511 $1,865,267 $4,984,077 $-225,756
2018 $2,459,731 $1,970,737 $5,096,395 $488,994
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