The Family Y
- Assets
- $4.0m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 169
- Location
- Goldsboro, NC
- Founding
- 12/1980
- Data as of
- 08/2021
- EIN
- 56-1285595
Organization Overview
The Family Y, operating under the name Goldsboro Family YMCA, is located in Goldsboro, NC. The organization was established in 1980. 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 08/2021, Goldsboro Family YMCA employed 169 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goldsboro 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 08/2021, Goldsboro Family YMCA generated $2.8m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $2.6m during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 6 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
AS A CAUSE-DRIVEN CHARITABLE ORGANIZATION, WE ARE COMMITTED TO STRENGTHENING THE FOUNDATIONS OF OUR COMMUNITY THROUGH A MISSION STATEMENT OF "PUTTING CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL." WE CONTINUE TO SIGNIFICANTLY EXPAND OUR FEEDING PROGRAMS TO MEET THE HIGH FOOD INSECURITY NEEDS IN OUR COUNTY. OUR COMMUNITY IMPACT WORK IN THE AREAS OF EARLY CHILDHOOD EDUCATION AND SCHOOL AGE CHILD CARE CONTINUE TO BE HIGH PRIORITIES FOR OUR ORGANIZATION. OUR ONGOING EFFORTS TO EXPLORE AND BUILD UPON LOCAL PARTNERSHIPS HAS US WELL-POSITIONED AS A TRUE COMMUNITY RESOURCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AQUATICS PROGRAM. THE AQUATICS FACILITY IS PRIMARILY USED TO PROMOTE THE BENEFITS OF AQUATIC PROGRAMMING TO ALL PEOPLE AND ALL AGES THROUGH ORGANIZED SWIM LESSONS, COMPETITIVE SWIMMING, HIGH SCHOOL SWIM TEAM COMPETITION, CERTIFIED LIFEGUARD TRAINING, RECREATIONAL SWIMMING, WATER SAFETY AWARENESS CLASSES AND WATER EXERCISE. THE AQUATIC FACILITY IS MADE AVAILABLE TO ALL PEOPLE THROUGH MEMBERSHIP, PROGRAM PARTICIPATION AND FACILITY RENTALS. THE Y APPLIES A POLICY THAT NO ONE IS TURNED AWAY FOR AN INABILITY TO PAY THROUGH OUR FINANCIAL ASSISTANCE PROGRAM. THE AQUATIC FACILITY IS A CENTERPIECE FOR LOCAL, STATE AND REGIONAL COMPETITIVE SWIM MEETS WITH TEAMS TRAVELING THROUGHOUT OUR GEOGRAPHIC REGION. AS THE LARGEST AQUATIC CENTER IN THE EASTERN PART OF OUR STATE, THE CENTER ALSO SERVES AS A LOCAL TRAINING FACILITY FOR CITY AND COUNTY WATER RESCUE PERSONNEL AS WELL AS THE LOCAL SEYMOUR JOHNSON AIR FORCE BASE.
AFTERSCHOOL CARE AND SUMMER DAY CAMP THE ORGANIZATION IS COMMITTED TO PROVIDING QUALITY CHILD CARE FOR CHILDREN AGES 5-12 THROUGH AFTERSCHOOL AND SUMMER DAY CAMP PROGRAMMING. REMOTE LEARNING WAS A SIGNIFICANT COMPONENT BOTH HALF-DAY AND FULL-DAY PROGRAMMING WHICH SERVED 188 CHILDREN DURING THE FISCAL YEAR. FOR SUMMER DAY CAMP, 127 UNDUPLICATED CHILDREN WERE SERVED. THE CURRICULUM FOCUS WAS ON SUPPORTING LEARNING LOSS, SOCIAL AND EMOTIONAL LEARNING, HEALTHY EATING AND PHYSICAL ACTIVITY.
PRESCHOOL PROGRAM OUR PRESCHOOL CENTER IS A 3 STAR LICENSED DAY CARE CENTER PROVIDING FULL-DAY PRESCHOOL ACTIVITIES FOR CHILDREN AGES 6 WEEKS TO 5 YEARS OLD. SERVICES ARE PROVIDED FOR PARTICIPANTS WEEKDAYS BETWEEN THE HOURS OF 7:00 A.M. AND 6:00 P.M. ALL TEACHERS ARE CERTIFIED THROUGH THE STATE OF NORTH CAROLINA. 64 UNDUPLICATED CHILDREN PARTICIPATED IN THE PROGRAM DURING THIS PAST FISCAL YEAR.
ALL REMAINING PROGRAMS INCLUDING WELLNESS, SPORTS, UNALLOCATED GRANTS AND OCCUPANCY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $272,880 |
| All other contributions, gifts, grants, and similar amounts not included above | $228,253 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $501,133 |
| Total Program Service Revenue | $1,808,053 |
| Investment income | $166 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $371,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,794,147 |
| 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. | $114,185 |
| Compensation of current officers, directors, key employees. | $68,511 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $903,408 |
| Pension plan accruals and contributions | $21,095 |
| Other employee benefits | $58,818 |
| Payroll taxes | $44,769 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,666 |
| Office expenses | $253,715 |
| Information technology | $151,497 |
| Royalties | $0 |
| Occupancy | $243,662 |
| Travel | $9,946 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,579 |
| Interest | $22,342 |
| Payments to affiliates | $35,560 |
| Depreciation, depletion, and amortization | $231,253 |
| Insurance | $56,869 |
| All other expenses | $0 |
| Total functional expenses | $2,566,433 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,054 |
| Savings and temporary cash investments | $501,100 |
| Pledges and grants receivable | $3,239 |
| Accounts receivable, net | $45,123 |
| 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 | $5,952 |
| Net Land, buildings, and equipment | $3,307,015 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,970,483 |
| Accounts payable and accrued expenses | $108,686 |
| Grants payable | $0 |
| Deferred revenue | $50,331 |
| 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 | $406,997 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $566,014 |
| Net assets without donor restrictions | $3,398,637 |
| Net assets with donor restrictions | $5,832 |
| 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 | $3,970,483 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that The Family Y has recieved totaling $81,766.
| Awarding Organization | Amount |
|---|---|
Food Bank Of Central & Eastern North Carolina Inc Raleigh, NC PURPOSE: FIGHT HUNGER | $73,395 |
National Council Of Young Mens Christian Assns Of The Usa Chicago, IL PURPOSE: Program Support | $8,300 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $51 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $20 |