Family Y of Owensboro-Daviess Co

EIN: 610561344 501(c)(3)

Owensboro, KY

Total Revenue
$1,629,537
Total Expenses
$1,276,818
Total Assets
$5,537,774
Net Assets
$4,009,918
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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
KY
Phone
2709269622
Tax Period
2022-01-01 to 2022-12-31

Family Y of Owensboro-Daviess Co, founded in 1987, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $353K, a strong 22% operating margin.

Mission

TO PUT CHRISTIAN PRINCIPLE INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND, AND BODY FOR ALL

Program Service Accomplishments

Program 1
Expenses: $329,988 Revenue: $189,950

YOUTH DEVELOPMENT: THE YMCA OFFERS AFFORDABLE DAY CAMPS, PRESCHOOL PROGRAMS, AND AFTER SCHOOL DAY CARE AND CHILDCARE TO FAMILIES IN DAVIESS AND SURROUNDING COUNTIES, SERVING HUNDREDS OF YOUTH EACH...

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YOUTH DEVELOPMENT: THE YMCA OFFERS AFFORDABLE DAY CAMPS, PRESCHOOL PROGRAMS, AND AFTER SCHOOL DAY CARE AND CHILDCARE TO FAMILIES IN DAVIESS AND SURROUNDING COUNTIES, SERVING HUNDREDS OF YOUTH EACH SUMMER. AFTER SCHOOL CHILDCARE SERVES YOUTH AND FAMILIES DAILY WITH STRUCTURED YOUTH CARE AFTER SCHOOL. STAFF OFFER DAILY CHARACTER DEVELOPMENT LESSONS, PHYSICAL ACTIVITY, NUTRITION EDUCATION, AND SOCIAL DEVELOPMENT. YOUTH AND THEIR FAMILIES ARE SERVED REGARDLESS OF ABILITY TO PAY.

Program 2
Expenses: $638,536 Revenue: $812,670

SOCIAL RESPONSIBILITY: THE OWENSBORO FAMILY YMCA UNDERSTANDS THE NEED FOR FAMILIES TO PROVIDE A SAFE, NURTURING, ENVIRONMENT AND WILL NOT TURN AWAY FAMILIES BASED ON THEIR INABILITY TO PAY. NEARLY...

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SOCIAL RESPONSIBILITY: THE OWENSBORO FAMILY YMCA UNDERSTANDS THE NEED FOR FAMILIES TO PROVIDE A SAFE, NURTURING, ENVIRONMENT AND WILL NOT TURN AWAY FAMILIES BASED ON THEIR INABILITY TO PAY. NEARLY 75% OF FINANCIAL ASSISTANCE IS PROVIDED TO FAMILIES TO ENABLE MEMBERSHIP OPPORTUNITIES. THE Y CELEBRATES YOUNG LEADERS WITHIN THE COMMUNITY AT OUR ANNUAL AWARDS LUNCHEON. THE OWENSBORO FAMILY YMCA OFFERS LIFEGUARD LESSONS TO FOCUS ON LIFE SAVING MEASURES AND PREVENT DROWNINGS. THE Y EXTENDS SUCH TRAININGS AS PARTNERS TO INCLUDE CITY POOL STAFF AND OTHER COMMUNITY AND HOMEOWNER ASSOCIATION'S POOL STAFFS. THE Y ALSO COLLABORATES WITH OTHER LOCAL NON-PROFITS AND CHURCHES TO SHARE SERVICES AND TO SUPPORT THOSE ORGANIZATIONS' PROGRAMS (EXAMPLES: WE ASSIST SALVATION ARMY WITH THEIR ANGEL TREE PROGRAM, KENTUCKY WESLEYAN COLLEGE IN SERVICE TO THEIR STUDEN TBODY AS THEIR CAMPUS WELLNESS CENTER, AND SPECIAL OLYMPICS TO ALLOW THEIR SWIM TEAM TO PRACTICE IN OUR POOL. HEALTHY LIVING: IMPROVING THE OWENSBORO COMMUNITY'S HEALTH AND WELL BEING MEANS BUILDING A HEALTHY SPIRIT, MIND, AND BODY FOR ALL. THE YMCA IS A LEADING VOICE ON HEALTH AND WELL-BEING. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH, AND FOSTER CONNECTIONS THROUGH PHYSICAL ACTIVITY, SPORTS, CHARACTER DEVELOPMENT, AND SHARED INTERESTS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $635,785
Program Service Revenue $992,977
Investment Income $-26,448
Other Revenue $27,223
TOTAL REVENUE $1,629,537

Expense Breakdown

Grants Paid $0
Salaries & Benefits $687,472
Fundraising Expenses $39,470
Program Expenses $968,524
Other Expenses $589,346
TOTAL EXPENSES $1,276,818

Year-over-Year Comparison

2022 2021 Change
Revenue $1,629,537 $1,464,759 +0.1%
Expenses $1,276,818 $1,093,590 +0.2%
Net Income $352,719 $371,169 0.0%
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
19
Independent Members
19
Employees
78
Volunteers
125

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
5
$93,786
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A VICE-CHAIRWOMAN 1.0
Officer Director
$0 $0 $0
N/A CHAIRMAN 1.0
Officer Director
$0 $0 $0
N/A TREASURER 1.0
Officer Director
$0 $0 $0
N/A SECRETARY 1.0
Officer Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A PAST CHAIRMAN 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A PRESIDENT AND CEO 40.0
Officer
$84,266 $9,520 $93,786
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
2022 $1,629,537 $1,276,818 $5,537,774 $352,719
2021 $1,464,759 $1,093,590 $4,777,804 $371,169
2020 $1,229,625 $1,167,678 $3,595,870 $61,947
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