Williamstown Youth Center Inc
- Assets
- $4.7m
- Revenue
- $468.2k
- Investments
- $0.0
- Employees
- 24
- Location
- Williamstown, MA
- Founding
- 05/1972
- Data as of
- 06/2021
- EIN
- 04-2105836
Organization Overview
Williamstown Youth Center Inc is located in Williamstown, MA. The organization was established in 1972. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 06/2021, Williamstown Youth Center Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Williamstown Youth Center Inc 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 06/2021, Williamstown Youth Center Inc generated $468.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $432.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES RECREATIONAL ACTIVITIES FOR THE YOUTH OF WILLIAMSTOWN, MASSACHUSETTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES RECREATIONAL ACTIVITIES FOR THE YOUTH OF WILLIAMSTOWN, MASSACHUSETTS.
PROVIDES RECREATIONAL ACTIVITIES FOR THE YOUTH OF WILLIAMSTOWN, MASSACHUSETTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Duffy Judge Vice President | OfficerTrustee | 10 | $0 |
Matt Sheehy Treasurer | OfficerTrustee | 1 | $0 |
Dave Armet President | OfficerTrustee | 10 | $0 |
Amanda Bayliss Secretary | OfficerTrustee | 2 | $0 |
Andrew Art Director | Trustee | 1 | $0 |
Rob Livingstone Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $128,185 |
| Investment income | $35,659 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,925 |
| Net Gain/Loss on Asset Sales | $4,292 |
| Net Income from Fundraising Events | -$1,136 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $468,170 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $59,740 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $147,661 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,797 |
| Payroll taxes | $16,381 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,635 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,755 |
| Fees for services: Other | $2,103 |
| Advertising and promotion | $35 |
| Office expenses | $18,896 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,214 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $114,214 |
| Insurance | $20,482 |
| All other expenses | $0 |
| Total functional expenses | $432,455 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $239,481 |
| Savings and temporary cash investments | $44,871 |
| Pledges and grants receivable | $106,617 |
| Accounts receivable, net | $1,904 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,081 |
| Investments—publicly traded securities | $1,022,685 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,729,424 |
| Accounts payable and accrued expenses | $6,395 |
| Grants payable | $0 |
| Deferred revenue | $58,786 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $56,374 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $121,555 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $4,607,869 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Williamstown Youth Center Inc has recieved totaling $25.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Police Athletic League Inc New York, NY | $36,398,087 | $28,810,897 |
Manhattan Youth Recreation And Resources Inc New York, NY | $17,184,242 | $19,141,924 |
Sephardic Community Youth Center Brooklyn, NY | $72,169,796 | $17,975,881 |
Do Something Inc New York, NY | $16,018,625 | $4,390,638 |
Colonie Youth Center Inc Latham, NY | $13,129,145 | $4,748,575 |
Squashbusters Inc Roxbury Crossing, MA | $32,066,323 | $8,675,838 |
El Puente De Williamsburg Inc Brooklyn, NY | $1,746,153 | $3,586,866 |
Manhattan Soccer Club Inc New York, NY | $3,532,103 | $3,811,063 |
Compass Youth Collaborative Inc Hartford, CT | $2,453,740 | $3,584,751 |
Wakeman Memorial Association Inc Fairfield, CT | $16,157,524 | $5,728,148 |
Valeo Futbol Club Inc Newton Center, MA | -$49,861 | $2,149,283 |
Sociedad Latina Inc Roxbury, MA | $10,396,868 | $3,359,611 |