Cambridge Family Ymca
- Assets
- $4.5m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 105
- Location
- Cambridge, MA
- Founding
- 01/1966
- Data as of
- 06/2022
- EIN
- 04-2103960
Organization Overview
Cambridge Family Ymca is located in Cambridge, MA. The organization was established in 1966. According to its NTEE Classification (P27) the organization is classified as: Young Mens or Womens Associations, under the broad grouping of Human Services and related organizations. As of 06/2022, Cambridge Family YMCA employed 105 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cambridge Family YMCA is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Cambridge Family YMCA generated $3.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $3.1m during the year ending 06/2022. While expenses have increased by 1.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PROMOTE AND INSPIRE LIFE-LONG DEVELOPMENT FOR CHILDREN, ADULTS, AND FAMILIES THROUGH PROGRAMS THAT BUILD A HEALTHY SPIRIT, MIND, AND BODY FOR ALL. THE ASSOCIATION ACHIEVES THIS THROUGH A BROAD RANGE OF ACTIVITIES THAT SERVE A COMMUNITY RICH IN RACIAL, RELIGIOUS, ETHNIC, AND ECONOMIC DIVERSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESCHOOL PROGRAM - PROVIDES AFFORDABLE, QUALITY CHILD CARE FOR FAMILIES WITH PRESCHOOLERS. THE PROGRAM ACCEPTS VOUCHERS AND PROVIDES SCHOLARSHIPS FOR LOWER INCOME FAMILIES TO HELP OFFSET THE COST OF PRESCHOOL PROGRAMS. THE PROGRAM SERVES 40 FAMILIES A YEAR.
THE FITNESS PROGRAM - WE OFFER NEARLY 40 DIFFERENT GROUP EXERCISE CLASSES, INCLUDING AEROBICS, BOXING, DANCE, HIIT, BOOT CAMPS, AND YOGA TO FIT ANY INTEREST AND FITNESS LEVEL. OUR GROUP EXERCISE CLASSES ARE DESIGNED TO ENCOURAGE CAMARADERIE AND HELP PEOPLE OF ALL AGES AND FITNESS LEVELS ACHIEVE THEIR WELLNESS GOALS. UNDER THE CLOSE GUIDANCE OF A TRAINED PROFESSIONAL TRAINERS, PERSONAL TRAINING SESSIONS OFFER MEMBERS A SPECIFIC ROUTINE BASED ON THEIR CURRENT EXPERIENCE, HEALTH, PREFERENCES, AND FITNESS GOALS. OVER 750 MEMBERS A YEAR PARTAKE IN EITHER GROUP EXERCISE CLASSES OR PERSONAL TRAINING.
THE AQUATICS PROGRAM - SERVES INFANTS TO SENIORS. IT OFFERS LESSONS FOR INDIVIDUALS AND OUTSIDE CHILD CARE PROGRAMS, AQUA AEROBICS, VARIOUS CERTIFICATION AND TRAINING CLASSES, SWIM TEAM, REC SWIM, AND LAP SWIM. THE POOL SERVES OVER A THOUSAND INDIVIDUALS EACH YEAR.
THE ORGANIZATION PROVIDES 35 OTHER PROGRAMS TO PROMOTE AND INSPIRE LIFE-LONG DEVELOPMENT FOR CHILDREN, ADULTS AND FAMILIES THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND, AND BODY FOR ALL. THE ORGANIZATION'S MEMBERSHIP SERVICES PROGRAM PROVIDES AND LINKS A DIVERSE CLIENT POPULATION WITH A BROAD CONTINUUM OF SERVICES WHICH INCLUDES AQUATICS, YOGA, AEROBICS, BASKETBALL LEAGUES, PERSONAL TRAINING, MARTIAL ARTS AND NUMEROUS CLASSES FOR ALL AGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy J O'brien President/ceo | OfficerTrustee | 40 | $179,841 |
Mark Zoltko CFO | Officer | 40 | $118,394 |
David Knisely Chairman | OfficerTrustee | 1 | $0 |
Gilda Nogueira Vice Chairman | OfficerTrustee | 1 | $0 |
Mark Winkeller Clerk | OfficerTrustee | 1 | $0 |
Denis K Sheahan Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $546,358 |
| All other contributions, gifts, grants, and similar amounts not included above | $132,916 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $679,274 |
| Total Program Service Revenue | $2,232,100 |
| Investment income | $2,159 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $608,119 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,528,214 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $15,822 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $370,469 |
| Compensation of current officers, directors, key employees. | $29,923 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,294,008 |
| Pension plan accruals and contributions | $50,008 |
| Other employee benefits | $74,523 |
| Payroll taxes | $114,573 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,693 |
| Fees for services: Accounting | $50,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,279 |
| Advertising and promotion | $6,450 |
| Office expenses | $120,397 |
| Information technology | $6,490 |
| Royalties | $0 |
| Occupancy | $669,081 |
| Travel | $2,495 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,020 |
| Interest | $0 |
| Payments to affiliates | $35,200 |
| Depreciation, depletion, and amortization | $160,508 |
| Insurance | $6,110 |
| All other expenses | $28,028 |
| Total functional expenses | $3,063,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,104 |
| Savings and temporary cash investments | $1,292,852 |
| Pledges and grants receivable | $549,633 |
| Accounts receivable, net | $77,002 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $391,569 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $38,832 |
| Net Land, buildings, and equipment | $1,621,623 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $402,051 |
| Total assets | $4,466,666 |
| Accounts payable and accrued expenses | $231,010 |
| Grants payable | $0 |
| Deferred revenue | $118,874 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $6,000 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $236,942 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $592,826 |
| Net assets without donor restrictions | $3,683,093 |
| Net assets with donor restrictions | $190,747 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,466,666 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Cambridge Family Ymca has recieved totaling $12,500.
| Awarding Organization | Amount |
|---|---|
Cambridge Savings Charitable Foundation Inc Cambridge, MA PURPOSE: EXEMPT PURPOSE | $10,000 |
Albert O Wilson Foundation Inc Wilmington, DE PURPOSE: IN SUPPORT OF AFTER-SCHOOL PROGRAM | $2,500 |
Endowment Analysis
| Beg. Balance | $151,586 |
| Ending Balance | $151,586 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Young Mens Christian Association Buffalo Niagara Buffalo, NY | $63,156,525 | $20,586,121 |
Young Mens Christian Association Of Central New York Inc Syracuse, NY | $52,040,864 | $20,998,037 |
Greater Providence Young Mens Christian Association Providence, RI | $33,652,869 | $15,855,613 |
Meriden-New Britain-Berlin Young Mens Christian Association Inc Meriden, CT | $19,846,503 | $18,721,354 |
Young Mens Christian Association Of Greater Nashua Nashua, NH | $26,864,143 | $15,906,004 |
Frost Valley Ymca Claryville, NY | $34,906,539 | $11,884,684 |
Young Mens Christian Association Southcoast Incorporated New Bedford, MA | $33,897,878 | $16,569,105 |
Young Mens Christian Association Of Pawt Ri Pawtucket, RI | $34,219,905 | $10,618,011 |
Young Mens Christian Association Saratoga County Saratoga Springs, NY | $33,124,111 | $15,587,422 |
Metrowest Ymca Framingham, MA | $28,140,944 | $12,322,249 |
Cape Cod Young Mens Christian Association Inc Hyannis, MA | $9,249,162 | $11,698,061 |
Young Mens Christian Association Of Rye N Y Rye, NY | $15,041,531 | $9,376,440 |