OLYMPIC PENINSULA YOUNG MENS CHRISTIAN ASSN

EIN: 910652924 501(c)(3) Human Services

SEQUIM, WA

Total Revenue
$7,341,048
Total Expenses
$5,559,899
Total Assets
$5,848,763
Net Assets
$3,595,784
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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
WA
Phone
3604529244
Tax Period
2024-01-01 to 2024-12-31

OLYMPIC PENINSULA YOUNG MENS CHRISTIAN ASSN, founded in 1949, is a community nonprofit in the Human Services sector that reported $7.3M in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.8M, a strong 24% operating margin.

Mission

THE OLYMPIC PENINSULA YMCA IS A CHARITABLE ASSOCIATION WHOSE MISSION IS TO STRENGTHEN COMMUNITIES THROUGH PROGRAMS AND SERVICES THAT BUILD HEALTHY SPIRIT, MIND, AND BODY.

Program Service Accomplishments

Program 1
Expenses: $2,694,238 Revenue: $3,118,174

HEALTHY LIVING: Our Y provides programs and services to enable people of all ages to develop their full potential in spirit, mind, and body. The Y provides healthy living coaches to help people set...

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HEALTHY LIVING: Our Y provides programs and services to enable people of all ages to develop their full potential in spirit, mind, and body. The Y provides healthy living coaches to help people set and achieve their personal health and well-being goals. The Y also offers chronic disease prevention and management programs to help people regain and/or reclaim their health. Healthy living programs include youth sports, swimming lessons, group exercise classes, aquatics programs, and chronic disease prevention and management programs such as Blood Pressure Self-Monitoring and Rock Steady Boxing (for individuals with Parkinson's). Financial assistance is made available so that participation at the Y is accessible for anyone in the community. In 2024, we served more than 13,000 people and provided more than $472,000 in membership support for individuals and families with financial need.

Program 2
Expenses: $1,107,096 Revenue: $509,050

YOUTH DEVELOPMENT: At the Y, kids, teens, and young adults of all socio-economic backgrounds discover and pursue their potential academically and socially. The Y offers a wide variety of programs...

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YOUTH DEVELOPMENT: At the Y, kids, teens, and young adults of all socio-economic backgrounds discover and pursue their potential academically and socially. The Y offers a wide variety of programs throughout the North Olympic Peninsula, serving remote and rural populations. Youth development programs include after-school enrichment, licensed child care, Building Futures (school-based mentoring), preschool playgroups, child/youth literacy, and summer day camp. Our out-of-school time programs provide young people with the support and resources they need to learn, build new skills, make new friends, gain confidence and acquire leadership skills. In 2024, we served 424 children at program locations throughout the Olympic Peninsula. More than $43,000 was provided in financial assistance so that a youth's economic circumstances was not a barrier to participation.

Program 3
Expenses: $967,576 Revenue: $264,563

SOCIAL RESPONSIBILITY: Since its inception the YMCA has responded to society's most pressing needs by developing innovative community-based solutions and uniting people from all walks of life to...

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SOCIAL RESPONSIBILITY: Since its inception the YMCA has responded to society's most pressing needs by developing innovative community-based solutions and uniting people from all walks of life to participate in and work for positive social change. Social responsibility programs and initiatives provided by the Y include our team of Family Resource Navigators who provide a centralized hub for local families to access needed resources, serving as the host agency for Jefferson County's Children's Advocacy Center, meals programs to address food and nutrition insecurity, water safety instruction/drowning prevention, support services for unhoused children and families, and civic engagement via youth and government.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,372,714
Program Service Revenue $3,891,787
Investment Income $38,557
Other Revenue $37,990
TOTAL REVENUE $7,341,048

Expense Breakdown

Grants Paid $559,994
Salaries & Benefits $3,345,637
Fundraising Expenses $50,866
Program Expenses $4,768,910
Other Expenses $1,654,268
TOTAL EXPENSES $5,559,899

Year-over-Year Comparison

2024 2023 Change
Revenue $7,341,048 $4,675,671 +0.6%
Expenses $5,559,899 $5,113,941 +0.1%
Net Income $1,781,149 $-438,270 -5.1%
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
232
Volunteers
128

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
$165,112
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gary Huff Secretary 2.0
Officer Director
$0 $0 $0
Randall Johnson President 2.0
Officer Director
$0 $0 $0
Virginia O'Neil President-Elect 2.0
Officer Director
$0 $0 $0
Warren Pierce Treasurer 2.0
Officer Director
$0 $0 $0
Bonnie Hilory Board member 1.0
Director
$0 $0 $0
Glenn Smithson Board Member 1.0
Director
$0 $0 $0
Herb Cook Board Member 2.0
Director
$0 $0 $0
Phil Merlin Board Member 1.0
Director
$0 $0 $0
Rich Childers Board member 1.0
Director
$0 $0 $0
Richard Tucker Board member 1.0
Director
$0 $0 $0
Sarah Rubenstein Board Member 1.0
Director
$0 $0 $0
Wendy Bart CEO 40.0
Officer
$145,500 $19,612 $165,112
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 $7,341,048 $5,559,899 $5,848,763 $1,781,149
2023 $4,675,671 $5,113,941 $4,111,778 $-438,270
2022 $4,948,310 $4,395,262 $4,270,647 $553,048
2021 $3,435,186 $3,743,686 $3,685,217 $-308,500
2020 $3,231,681 $3,115,120 $2,423,123 $116,561
2019 $3,728,575 $4,032,682 $2,183,126 $-304,107
2018 $3,609,833 $3,447,423 $2,623,696 $162,410
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