YOUNG MEN'S CHRISTIAN ASSOCIATION OF SOUTH PALM BEACH COUNTY INC

EIN: 591416281 501(c)(3) Human Services

BOCA RATON, FL

Total Revenue
$16,102,997
Total Expenses
$18,467,007
Total Assets
$18,509,263
Net Assets
$13,786,472
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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
FL
Phone
5613959622
Tax Period
2024-01-01 to 2024-12-31

YOUNG MEN'S CHRISTIAN ASSOCIATION OF SOUTH PALM BEACH COUNTY INC, founded in 1972, is a mid-sized nonprofit in the Human Services sector that reported $16.1M in total revenue in fiscal year 2024. Expenses of $18.5M exceeded revenue, resulting in a 15% operating deficit.

Mission

THE YMCA, (THE 'Y') HAS BEEN A PIONEER THROUGHOUT ITS 181-YEAR HISTORY, HELPING STRENGTHEN COMMUNITIES, KEEPING ABREAST OF CRITICAL NEEDS, AND BRINGING PEOPLE TOGETHER TO LEARN, GROW AND THRIVE. THE Y IS A MOVEMENT AND A CAUSE AND SINCE NO TWO COMMUNITIES ARE ALIKE, NO TWO Y'S ARE EXACTLY ALIKE. WE BRING MEN, WOMEN AND CHILDREN TOGETHER WITH OUR SHARED COMMITMENT TO BUILD A STRONG COMMUNITY. WHETHER DEVELOPING SKILLS THROUGH EDUCATION AND TRAINING PROGRAMS TO RESPOND TO THE EDUCATION ENRICHMENT GAP, RESPONDING TO LOCAL CONCERNS WITH DROWNING PREVENTION PROGRAMS, WELCOMING AND CONNECTING DIVERSE DEMOGRAPHIC POPULATIONS, OR BUILDING HEALTHIER COMMUNITIES THROUGH COLLABORATIONS WITH HEALTH CARE COMMUNITIES TO HELP PREVENT CHRONIC DISEASE, THE Y FOSTERS THE CARE AND RESPECT THAT ALL PEOPLE NEED AND DESERVE.

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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 $3,549,485
Program Service Revenue $12,408,475
Investment Income $195,569
Other Revenue $-50,532
TOTAL REVENUE $16,102,997

Expense Breakdown

Grants Paid $3,119,538
Salaries & Benefits $8,932,640
Fundraising Expenses $222,283
Program Expenses $16,066,375
Other Expenses $6,414,829
TOTAL EXPENSES $18,467,007

Year-over-Year Comparison

2024 2023 Change
Revenue $16,102,997 $15,673,923 +0.0%
Expenses $18,467,007 $14,476,713 +0.3%
Net Income $-2,364,010 $1,197,210 -3.0%
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
33
Independent Members
33
Employees
632
Volunteers
399

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
8
$765,171
Total Directors
34
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HANK JACKSON CHAIR 1.0
Officer Director
$0 $0 $0
JACKIE REEVES PAST CHAIR 1.0
Officer Director
$0 $0 $0
JASON BUSCH TREASURER 1.0
Officer Director
$0 $0 $0
ROSIE INGUANZO-MARTIN SECRETARY 1.0
Officer Director
$0 $0 $0
SCOTT JORDAN VICE CHAIR 1.0
Officer Director
$0 $0 $0
AARON MILLER TRUSTEE 1.0
Director
$0 $0 $0
ADAM MARSHALL TRUSTEE (THRU 06/2024) 1.0
Director
$0 $0 $0
BRAD WINSTEAD TRUSTEE 1.0
Director
$0 $0 $0
CHARLIE TORANO TRUSTEE 1.0
Director
$0 $0 $0
CHRISTOPHER B WARREN TRUSTEE 1.0
Director
$0 $0 $0
CONNOR LYNCH TRUSTEE 1.0
Director
$0 $0 $0
DAN HUCK TRUSTEE 1.0
Director
$0 $0 $0
DAVID DUNSTON TRUSTEE 1.0
Director
$0 $0 $0
DAVID GLUCK TRUSTEE (AS OF 04/2024) 1.0
Director
$0 $0 $0
DOUG MITHUN TRUSTEE (AS OF 01/2024) 1.0
Director
$0 $0 $0
DOUG MOSLEY TRUSTEE 1.0
Director
$0 $0 $0
DR KATRINA CARTER-TELLISON TRUSTEE 1.0
Director
$0 $0 $0
JASON AUBE TRUSTEE 1.0
Director
$0 $0 $0
JASON COKER TRUSTEE 1.0
Director
$0 $0 $0
JOHN T MULHALL III TRUSTEE 1.0
Director
$0 $0 $0
JONATHAN BARBAR TRUSTEE 1.0
Director
$0 $0 $0
JUAN AWAD TRUSTEE 1.0
Director
$0 $0 $0
KEVIN VANCE TRUSTEE (AS OF 09/2024) 1.0
Director
$0 $0 $0
LINDA GUNN-PATON TRUSTEE 1.0
Director
$0 $0 $0
MICHAEL SORG TRUSTEE 1.0
Director
$0 $0 $0
NICOLE GRIMES TRUSTEE 1.0
Director
$0 $0 $0
PAUL ADKINS TRUSTEE 1.0
Director
$0 $0 $0
PEARL PERCY TRUSTEE 1.0
Director
$0 $0 $0
REGGIE LAROCHE TRUSTEE 1.0
Director
$0 $0 $0
RICHARD MASCOLO TRUSTEE 1.0
Director
$0 $0 $0
ROBERT ROBES TRUSTEE 1.0
Director
$0 $0 $0
SUSAN HARRIS TRUSTEE 1.0
Director
$0 $0 $0
TERESA FEDELE TRUSTEE 1.0
Director
$0 $0 $0
TIMOTHY DEVLIN TRUSTEE 1.0
Director
$0 $0 $0
BONNIE J SNOW CFO (AS OF 02/2024) 49.0
Officer
$117,446 $5,463 $122,909
GARY FLAKS VICE PRESIDENT 49.0
Officer
$261,707 $46,031 $307,738
JASON HAGENSICK PRESIDENT/CEO 49.0
Officer
$298,682 $35,842 $334,524
BARRY DAVIS EXECUTIVE DIRECTOR 50.0
Highest
$135,293 $16,235 $151,528
BRYAN HUNT EXECUTIVE DIRECTOR 50.0
Highest
$123,839 $22,752 $146,591
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 $16,102,997 $18,467,007 $18,509,263 $-2,364,010
2023 $15,673,923 $14,476,713 $21,273,224 $1,197,210
2022 $13,274,743 $12,038,594 $20,829,384 $1,236,149
2021 $16,072,412 $10,582,965 $22,650,750 $5,489,447
2020 $8,772,262 $9,219,420 $17,666,576 $-447,158
2019 $11,772,490 $11,485,215 $18,325,533 $287,275
2018 $12,031,036 $11,671,251 $18,891,667 $359,785
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