Ymca Shared Services Inc
- Assets
- $331.8k
- Revenue
- $418.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 09/2003
- Data as of
- 12/2021
- EIN
- 04-3504548
Organization Overview
Ymca Shared Services Inc is located in Boston, MA. The organization was established in 2003. According to its NTEE Classification (P02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. YMCA Shared Services 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 12/2021, YMCA Shared Services Inc generated $418.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $331.7k during the year ending 12/2021. While expenses have increased by 4.9% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE SOCIAL WELFARE, YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO INCREASE THE DAY TO DAY OPERATIONAL EFFICIENCY OF OUR MEMBER YMCAS BY REDUCING OVERHEAD COST TO OPERATE THROUGH VENDOR RELATIONSHIPS & STRATEGIC SOURCING, COST SAVINGS PROCEDURES, CONCENTRATION OF SUPPORT FUNCTIONS, AND INNOVATIVE COLLABORATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Morton President | OfficerTrustee | 1 | $0 |
Adam Rodgers Director | Trustee | 1 | $0 |
Andy Hamblett Director | Trustee | 1 | $0 |
Andy Orazio Director | Trustee | 1 | $0 |
Angie L Reese-Hawkins Director | Trustee | 1 | $0 |
Buddy Evans Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $418,498 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $418,498 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $292,512 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,346 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,004 |
| Advertising and promotion | $0 |
| Office expenses | $3,146 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $94 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $413 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $331,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $313,317 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,459 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $331,776 |
| Accounts payable and accrued expenses | $4,706 |
| Grants payable | $0 |
| Deferred revenue | $3,000 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,706 |
| Net assets without donor restrictions | $324,070 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $331,776 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ymca Shared Services Inc has recieved totaling $61,700.
| Awarding Organization | Amount |
|---|---|
Metro North Regional Employment Board Cambridge, MA PURPOSE: JOB TRAINING AND PLACEMENT | $61,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Promesa Administrative Services Organization Inc Paso Bronx, NY | $9,132,615 | $12,122,937 |
Western Massachusetts Training Consortium Inc Holyoke, MA | $5,374,641 | $14,055,718 |
Menorah Campus Inc Getzville, NY | $72,752,719 | $14,560,485 |
Umh Management Services Corp Binghamton, NY | $14,199,189 | $5,834,688 |
Asian American Federation Inc New York, NY | $9,841,196 | $10,790,109 |
R A I N Total Care Inc Bronx, NY | $371,651 | $2,213,277 |
New England States Consortium Systems Organization Inc Shrewsbury, MA | $4,308,374 | $1,791,868 |
Nonprofit Innovations Inc Riverdale, NY | $22,626 | $847,495 |
North Country Workforce Partnership Inc Plattsburgh, NY | $2,489,854 | $639,864 |
Economic Mobility Corporation New York, NY | $3,696,736 | $375,425 |
W Murray Crane Community House Dalton, MA | $6,836,144 | $237,763 |
Ymca Shared Services Inc Boston, MA | $331,776 | $418,498 |