YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE SHOALS INC

EIN: 630545200 501(c)(3) Human Services

FLORENCE, AL

Total Revenue
$2,634,402
Total Expenses
$2,594,936
Total Assets
$9,252,274
Net Assets
$6,288,910
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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
AL
Principal Officer
MELVIN LANE VINES III
Phone
2562469622
Tax Period
2024-01-01 to 2024-12-31

YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE SHOALS INC, founded in 1969, is a community nonprofit in the Human Services sector that reported $2.6M in total revenue in fiscal year 2024. Net assets of $6.3M represent 29 months of operating reserves.

Mission

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

Program Service Accomplishments

Program 1
Expenses: $2,048,970

1ST - YOUTH DEVELOPMENT - AT THE Y, WE BELIEVE THE VALUES AND SKILLS LEARNED EARLY ON ARE VITAL BUILDING BLOCKS FOR QUALITY OF LIFE AND FUTURE SUCCESS. THAT'S WHY OUR CHILD CARE,AFTERSCHOOL CARE AND...

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1ST - YOUTH DEVELOPMENT - AT THE Y, WE BELIEVE THE VALUES AND SKILLS LEARNED EARLY ON ARE VITAL BUILDING BLOCKS FOR QUALITY OF LIFE AND FUTURE SUCCESS. THAT'S WHY OUR CHILD CARE,AFTERSCHOOL CARE AND SUMMER DAY CAMP PROGRAMS ARE STAFFED WITH PEOPLE WHO UNDERSTAND THE COGNITIVE, PHYSICAL AND SOCIAL DEVELOPMENT OF KIDS, THE NEED CHILDREN HAVE TO FEEL CONNECTED AND SUPPORTED IN TRYING NEW THINGS AND THE CARING AND REINFORCEMENT PARENTS AND FAMILIES NEED TO HELP EACH OTHER. THE Y PROVIDES SAFE,SUPERVISED CARE UNTIL 6 P.M. FOR SCHOOL AGE CHILDREN (K-6). IN FLORENCE CITY AND LAUDERDALE COUNTY SCHOOLS, BUSES WILL PICK UP CHILDREN AND BRING THEM BACK TO OUR FACILITY.BEFORE SCHOOL CARE IS AVAILABLE FOR CHILDREN IN THE FLORENCE CITY SCHOOLS. IN 2023, WE PROVIDED 139,495 IN FINANCIAL ASSISTANCE (SCHOLARSHIPS). 2ND - HEALTHY LIVING - THE YMCA AIMS TO IMPROVE OUR COMMUNITY'S HEALTH AND WELL-BEING BY PROVIDING PROGRAMS AND ACTIVITIES THAT PROMOTE WELLNESS, REDUCE RISK FOR DISEASE AND HELP OTHERS RECLAIM THEIR HEALTH. THESE PROGRAMS AND EVERYTHING ELSE THE Y DOES ARE IN SERVICE OF MAKING US OUR COMMUNITY BETTER. THE RESULT IS A COMMUNITY THAT VALUES HEALTH AND COMMUNITIES THAT SUPPORT HEALTHY CHOICES.IN ADDITION TO OUR PHYSICAL FITNESS CLASSES AND FACILITIES, WE PROVIDE EDUCATIONAL PROGRAMS TO PROMOTE HEALTHIER DECISIONS, AND OFFER A VARIETY OF PROGRAMS THAT SUPPORT PHYSICAL, INTELLECTUAL AND SPIRITUAL STRENGTH. 3RD - SOCIAL RESPONSIBILITY - WE KNOW THAT WHEN WE WORK TOGETHER, WE MOVE INDIVIDUALS, FAMILIES AND OUR COMMUNITY FORWARD. WE ARE COMMITTED TO INSPIRING A SPIRIT OF SERVICE BY UNITING INDIVIDUALS FROM ALL WALKS OF LIFE TO PARTICIPATE IN AND WORK FOR POSITIVE SOCIAL CHANGE. WE CONTINUE TO MAKE A DIFFERENCE WITH OUR FRIDAY BACKPACK PROJECT. ABOUT HALF OF OUR AFTER SCHOOL CHILDREN ARE ON FREE OR REDUCED LUNCH AT SCHOOL. THIS MEANS THEY GET BREAKFAST AND LUNCH AT SCHOOL MONDAY THROUGH FRIDAY. THE FOOD WE SEND HOME IN BACKPACKS EACH FRIDAY HELPS FILL THE GAP BETWEEN FRIDAY AND MONDAY. IT'S ALL SINGLE-SERVE, KID-FRIENDLY FOOD LIKE MAC AND CHEESE, FRUIT CUPS, PEANUT BUTTER CRACKERS AND CEREAL BARS.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,061,366
Program Service Revenue $477,041
Investment Income $80,301
Other Revenue $15,694
TOTAL REVENUE $2,634,402

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,322,182
Fundraising Expenses $47,824
Program Expenses $2,049,753
Other Expenses $1,272,754
TOTAL EXPENSES $2,594,936

Year-over-Year Comparison

2024 2023 Change
Revenue $2,634,402 $2,767,726 0.0%
Expenses $2,594,936 $2,511,724 +0.0%
Net Income $39,466 $256,002 -0.8%
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
25
Independent Members
25
Employees
188
Volunteers
25

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
$178,974
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELVIN LANE VINES III CHIEF EXEC O 40.00
Officer
$119,316 $0 $119,316
BARRY UNDERWOOD CFO 40.00
Officer
$59,658 $0 $59,658
BONNIE ATKINSON BOARD VICE P N/A
Officer Director
$0 $0 $0
WHITNEY BARNETT BOARD MEMBER N/A
Director
$0 $0 $0
BEA BARTMESS TREASURER N/A
Officer Director
$0 $0 $0
MARY BOWERS BOARD MEMBER N/A
Director
$0 $0 $0
JACQUELINE BRODER BOARD MEMBER N/A
Director
$0 $0 $0
DERRICK CHATMAN BOARD MEMBER N/A
Director
$0 $0 $0
PARKE COCHRAN BOARD MEMBER N/A
Director
$0 $0 $0
DANA COLEMAN BOARD MEMBER N/A
Director
$0 $0 $0
CHARLES CROW BOARD MEMBER N/A
Director
$0 $0 $0
JEFF DANIEL BOARD MEMBER N/A
Director
$0 $0 $0
MINETTE ELLIS BOARD MEMBER N/A
Director
$0 $0 $0
TOM FRITH BOARD MEMBER N/A
Director
$0 $0 $0
BRAD HADDOCK BOARD PRESID N/A
Officer Director
$0 $0 $0
DANNY HENDRIX BOARD MEMBER N/A
Director
$0 $0 $0
JAKE JACOBS BOARD MEMBER N/A
Director
$0 $0 $0
TERA KIRKMAN BOARD MEMBER N/A
Director
$0 $0 $0
DANIEL LARSEN BOARD SECRET N/A
Officer Director
$0 $0 $0
JANAE LYDE BOARD MEMBER N/A
Director
$0 $0 $0
KYLE MANGUM BOARD MEMBER N/A
Director
$0 $0 $0
SAM MANGUM BOARD MEMBER N/A
Director
$0 $0 $0
ASHLEY MCCLELLAN BOARD MEMBER N/A
Director
$0 $0 $0
KRISTIN RUSSELL BOARD MEMBER N/A
Director
$0 $0 $0
TONYA SOUTHALL BOARD MEMBER N/A
Director
$0 $0 $0
DOUG TALLMAN BOARD MEMBER N/A
Director
$0 $0 $0
CHRIS WHITTEN BOARD MEMBER N/A
Director
$0 $0 $0
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 $2,634,402 $2,594,936 $9,252,274 $39,466
2023 $2,767,726 $2,511,724 $9,363,166 $256,002
2022 $2,027,435 $2,247,961 $9,364,768 $-220,526
2021 $2,081,943 $2,109,135 $9,616,070 $-27,192
2020 $2,032,617 $1,957,368 $9,680,683 $75,249
2018 $2,388,261 $2,052,896 $5,449,989 $335,365
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