MCSY QALICB YMCA (6859-SO1)

EIN: 843368019 501(c)(3) Human Services

Olympia, WA

Total Revenue
$109,368
Total Expenses
$493,134
Total Assets
$10,567,028
Net Assets
$-1,360,641
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
WA
Phone
3609180316
Tax Period
2025-01-01 to 2025-12-31

MCSY QALICB YMCA (6859-SO1), founded in 2019, is a small nonprofit in the Human Services sector that reported $109K in total revenue in fiscal year 2025. Expenses of $493K exceeded revenue, resulting in a 351% operating deficit.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO EXCLUSIVELY SUPPORT AND BENEFIT, FINANCIALLY AND/OR OPERATIONALLY, THE SOUTH SOUND YOUNG MEN'S CHRISTIAN ASSOCIATION, A WASHINGTON NONPROFIT PUBLIC BENEFIT CORPORATION.

Program Service Accomplishments

Program 1
Expenses: $493,134 Revenue: $109,368

ORGANIZATION CONSTRUCTED A NEW YMCA COMMUNITY CENTER, WITH NEW MARKETS TAX CREDIT FINANCING, THAT IS LEASED TO THE SOUTH SOUND YOUNG MEN'S CHRISTIAN ASSOCIATION. THE CORPORATION IS INTENDED TO BE...

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ORGANIZATION CONSTRUCTED A NEW YMCA COMMUNITY CENTER, WITH NEW MARKETS TAX CREDIT FINANCING, THAT IS LEASED TO THE SOUTH SOUND YOUNG MEN'S CHRISTIAN ASSOCIATION. THE CORPORATION IS INTENDED TO BE ORGANIZED AND OPERATED AT ALL TIMES EXCLUSIVELY FOR THE BENEFIT OF THE SOUTH SOUND YOUNG MEN'S CHRISTIAN ASSOCIATION.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $109,368
TOTAL REVENUE $109,368

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $493,134
Other Expenses $493,134
TOTAL EXPENSES $493,134

Year-over-Year Comparison

2025 2024 Change
Revenue $109,368 $109,368 N/A
Expenses $493,134 $494,932 0.0%
Net Income $-383,766 $-385,564 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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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
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
3
$301,271
Total Directors
3
$301,271
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Parry Director/Treasurer 1.0
Officer Director
$0 $0 $0
Kyle Cronk Director/President 1.0
Officer Director
$0 $45,474 $301,271
Terry Wilson Director/Vice President 1.0
Officer 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
2025 $109,368 $493,134 $10,567,028 $-383,766
2024 $109,368 $494,932 $10,934,169 $-385,564
2023 $109,368 $503,372 $11,305,767 $-394,004
2022 $109,368 $503,372 $11,685,807 $-394,004
2021 $403,934 $441,082 $12,070,488 $-37,148
2020 $5,180 $49,071 $13,484,235 $-43,891
2019 $262,106 $2,772 $12,188,494 $259,334
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