Young Mens Christian Association of the Coosa Valley Inc

EIN: 630436456 501(c)(3) Human Services

Gadsden, AL

Total Revenue
$396,829
Total Expenses
$301,745
Total Assets
$519,522
Net Assets
$202,082
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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
AL
Phone
2564583782
Tax Period
2023-01-01 to 2023-12-31

Young Mens Christian Association of the Coosa Valley Inc, founded in 1961, is a small nonprofit in the Human Services sector that reported $397K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $95K, a strong 24% operating margin.

Mission

The YMCA of the Coosa Valley Inc is a member association serving persons in Etowah County Alabama. The YMCA is dedicated to programs and activities which build health, spirit, mind, and body for the purpose of developing Christian personality and building a Christian society.

Program Service Accomplishments

Program 1
Expenses: $162,775 Revenue: $38,757

YMCA HEALTH AND FITNESS - THE HEALTH AND FITNESS PROGRAM PROMOTES GOOD HEALTH THROUGH REGULAR EXERCISE. THE PROGRAM OFFERS AEROBIC CLASSES, FITNESS TESTING, EXERCISE ORIENTATION AND PARTICIPATION...

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YMCA HEALTH AND FITNESS - THE HEALTH AND FITNESS PROGRAM PROMOTES GOOD HEALTH THROUGH REGULAR EXERCISE. THE PROGRAM OFFERS AEROBIC CLASSES, FITNESS TESTING, EXERCISE ORIENTATION AND PARTICIPATION. THE PROGRAMS ARE AVAILABLE TO ALL MEMBERS.

Program 2
Expenses: $41,385 Revenue: $8,591

YMCA AQUATICS - THE YMCA'S AQUATICS PROGRAMS ARE PART OF THE OVERALL GOAL OF BUILDING HEALTHY SPIRIT, MIND, AND BODY. IN ADDITION TO PROVIDING SPECIFIC SWIMMING AND WATER SAFETY SKILLS, THE AQUATICS...

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YMCA AQUATICS - THE YMCA'S AQUATICS PROGRAMS ARE PART OF THE OVERALL GOAL OF BUILDING HEALTHY SPIRIT, MIND, AND BODY. IN ADDITION TO PROVIDING SPECIFIC SWIMMING AND WATER SAFETY SKILLS, THE AQUATICS PROMOTE GOOD HEALTH THROUGH REGULAR EXERCISE, TEAMWORK, SELF CONFIDENCE, AND LEADERSHIP. AS RESIDENCE OF A RIVERSIDE COMMUNITY, THE AQUATICS PROGRAM HELPS PREVENT TRAUMATIC ACCIDENTS NEAR WATER. AQUATICS PROGRAMS ARE PROVIDED FOR TODDLERS THROUGH SENIORS. CHILDREN TAKE BEGINNER AND PROGRESSIVE SWIM CLASSES AND OTHERS PARTICIPATED ON THE SWIM TEAM. SOME PARTICIPATE IN ARTHRITIS AQUATIC CLASSES WHICH INCREASE JOINT FLEXIBILITY AND HELPS RELIEVE PAIN. THE YMCA PROVIDES LIFE GUARDING CLASSES, A PARENT-TODDLER SWIM PROGRAM AND WATER SAFETY PROGRAMS. ADDITIONALLY, THE AQUATIC FACILITIES ARE AVAILABLE TO EACH MEMBER.

Program 3
Expenses: $32,462 Revenue: $55,229

YMCA YOUTH - THE PROGRAMS PROMOTE AN APPRECIATION OF ONE'S OWN WORTH WHATEVER THE SPORT, THE FOCUS IS ON FULL AND EQUAL PARTICIPATION. YMCA YOUTH SPORT PROGRAMS EMPHASIZE DEVELOPMENT OF SKILL, HEALTH...

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YMCA YOUTH - THE PROGRAMS PROMOTE AN APPRECIATION OF ONE'S OWN WORTH WHATEVER THE SPORT, THE FOCUS IS ON FULL AND EQUAL PARTICIPATION. YMCA YOUTH SPORT PROGRAMS EMPHASIZE DEVELOPMENT OF SKILL, HEALTH AND FITNESS, SAFETY, COOPERATION, SELF-ESTEEM, AND RESPECT FOR OTHERS. PROGRAMS INCLUDE BASKETBALL, SOCCER, KARATE, AND SUMMER DAY CAMP.

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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 (2023)

Revenue Breakdown

Contributions & Grants $50,710
Program Service Revenue $102,577
Investment Income $243,542
Other Revenue $0
TOTAL REVENUE $396,829

Expense Breakdown

Grants Paid $0
Salaries & Benefits $171,828
Fundraising Expenses $9,522
Program Expenses $236,622
Other Expenses $129,917
TOTAL EXPENSES $301,745

Year-over-Year Comparison

2023 2022 Change
Revenue $396,829 $318,620 +0.2%
Expenses $301,745 $562,927 -0.5%
Net Income $95,084 $-244,307 -1.4%
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
11
Independent Members
11
Employees
41
Volunteers
4

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
7
$87,033
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A BOARD CHAIRMAN 1.0
Officer Director
$0 $0 $0
N/A VICE CHAIRMAN 1.0
Officer Director
$0 $0 $0
N/A BUILDING GROUNDS COMMITTEE CHAIR 1.0
Officer Director
$0 $0 $0
N/A MARKETING COMMITTEE CHAIR 1.0
Officer Director
$0 $0 $0
N/A BOARD DEVELOPMENT CHAIR 1.0
Officer Director
$0 $0 $0
N/A MEMBER 1.0
Director
$0 $0 $0
N/A MEMBER 1.0
Director
$0 $0 $0
N/A MEMBER 1.0
Director
$0 $0 $0
N/A MEMBER 1.0
Director
$0 $0 $0
N/A MEMBER 1.0
Director
$0 $0 $0
N/A MEMBER 1.0
Director
$0 $0 $0
N/A EXECUTIVE DIRECTOR 40.0
Officer
$31,250 $2,267 $33,517
N/A EXECUTIVE DIRECTOR 40.0
Officer
$46,591 $6,925 $53,516
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 No data No data No data No data
2023 $396,829 $301,745 $519,522 $95,084
2022 $318,620 $562,927 $798,466 $-244,307
2021 $403,541 $501,109 $1,117,649 $-97,568
2020 $491,946 $430,331 $960,259 $61,615
2019 $585,335 $605,792 $823,068 $-20,457
2018 $520,021 $584,018 $823,352 $-63,997
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