VIRGINIA ALLIANCE OF YMCAS

EIN: 831217089 501(c)(3) Human Services

RICHMOND, VA

Total Revenue
$1,807,632
Total Expenses
$1,070,173
Total Assets
$1,556,031
Net Assets
$1,556,031
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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
VA
Principal Officer
PATRICK CRUTE
Phone
8044744415
Tax Period
2024-01-01 to 2024-12-31

VIRGINIA ALLIANCE OF YMCAS, founded in 2018, is a community nonprofit in the Human Services sector that reported $1.4M in total revenue in fiscal year 2021. Revenue surged 61% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 14% surplus.

Mission

THROUGHOUT THE COMMONWEALTH THE ALLIANCE BRINGS VIRGINIA Y'S TOGETHER TO IMPROVE THE EFFECTIVENESS AND CAPACITY OF YMCAS TO BETTER SERVE THEIR MEMBERS AND COMMUNITIES IN THE COMMONWEALTH OF VIRGINIA THROUGH KEY INITIATIVES AND PROGRAMS AT A STATEWIDE LEVEL. MEMBERS OF THE ALLIANCE WORK WITH LOCAL, STATE AND NATIONAL ORGANIZATIONS AND LEADERS TO SUPPORT THE Y MOVEMENT AND OUR CAUSE.AT THE Y, STRENGTHENING COMMUNITY IS OUR CAUSE. WE BELIEVE THAT LASTING PERSONAL AND SOCIAL CHANGE CAN ONLY COME ABOUT WHEN WE ALL WORK TOGETHER TO INVEST IN OUR KIDS, OUR HEALTH, AND OUR NEIGHBORS. AS CHARITIES, YMCAS ACROSS VIRGINIA EXIST TO STRENGTHEN THEIR COMMUNITIES AND EVERY DAY WE WORK WITH THOUSANDS OF MEN, WOMEN, AND CHILDREN TO ENSURE THAT EVERYONE, REGARDLESS OF AGE, INCOME OR BACKGROUND, HAS THE OPPORTUNITY TO LEARN, GROW AND THRIVE.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,546,690
Program Service Revenue $199,464
Investment Income $45,344
Other Revenue $16,134
TOTAL REVENUE $1,807,632

Expense Breakdown

Grants Paid $598,251
Salaries & Benefits $152,674
Fundraising Expenses $16,367
Program Expenses $921,212
Other Expenses $319,248
TOTAL EXPENSES $1,070,173

Year-over-Year Comparison

2024 2023 Change
Revenue $1,807,632 $1,736,754 +0.0%
Expenses $1,070,173 $1,421,933 -0.2%
Net Income $737,459 $314,821 +1.3%
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
10
Independent Members
10
Employees
N/A
Volunteers
30

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
4
$143,278
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK JOHNSON CHAIR 1.00
Officer Director
$0 $0 $0
ADAM KLUTTS TREASURER 1.00
Officer Director
$0 $0 $0
JESSICA TAYLOR SECRETARY 1.00
Officer Director
$0 $0 $0
BRAD KINKEMA DIRECTOR 1.00
Director
$0 $0 $0
TRICIA REYNOLDS VOTING EX OFFICIO DIRECTOR 1.00
Director
$0 $0 $0
SHARON DAVIES DIRECTOR 1.00
Director
$0 $0 $0
KEVIN CORRELL DIRECTOR 1.00
Director
$0 $0 $0
JODY ALEXANDER DIRECTOR 1.00
Director
$0 $0 $0
MARIA MCCRACKEN DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY WATERS CHAIR-ELECT 1.00
Director
$0 $0 $0
PATRICK CRUTE EXECUTIVE DIRECTOR 40.00
Officer
$0 $16,745 $143,278
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 $1,807,632 $1,070,173 $1,556,031 $737,459
2023 $1,736,754 $1,421,933 $818,572 $314,821
2022 $1,455,642 $1,307,917 $503,751 $147,725
2021 $1,439,959 $1,241,429 $356,026 $198,530
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