Young Mens Christian Association Of South Palm Beach County Inc

Organization Overview

Young Mens Christian Association Of South Palm Beach County Inc is located in Boca Raton, FL. The organization was established in 1973. 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 12/2021, Young Mens Christian Association Of South Palm Beach County Inc employed 500 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Mens Christian Association Of South Palm Beach County 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, Young Mens Christian Association Of South Palm Beach County Inc generated $16.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $10.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

YOUTH DEVELOPMENT: OUR Y IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN. WE BELIEVE THAT ALL DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT IS WHY WE HELP YOUNG PEOPLE CULTIVATE THE VALUES, SKILLS AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH AND EDUCATIONAL ACHIEVEMENT. OUR Y FOCUSES ON YOUTH DEVELOPMENT PROGRAMS SUCH AS YOUTH SPORTS, AFTER- SCHOOL CARE, AQUATICS, PRESCHOOL AND SPECIAL NEEDS PROGRAMMING FOR INDIVIDUALS WITH DISABILITIES.


HEALTHY LIVING: THE Y IS A LEADING VOICE IN IMPROVING THE NATION'S HEALTH AND WELL-BEING AND PLAYS A SIGNIFICANT ROLE IN IMPROVING THE HEALTH OF OUR COMMUNITY. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE HEALTHY HABITS AND FOSTER CONNECTIONS THROUGH WELLNESS, SPORTS, ENRICHMENT AND SHARED INTERESTS. THIS IS PARTICULARLY IMPORTANT AS OUR NATION STRUGGLES WITH AN OBESITY CRISIS, FAMILIES STRIVE FOR A POSITIVE WORK/LIFE BALANCE, AND INDIVIDUALS SEARCH FOR PERSONAL FULFILLMENT. CONTINUED ON SCHEDULE O.


SOCIAL RESPONSIBILITY: OUR Y BELIEVES IN GIVING BACK AND SUPPORTING OUR NEIGHBORS. WE HAVE BEEN LISTENING AND RESPONDING TO OUR COMMUNITY'S MOST CRITICAL SOCIAL NEEDS FOR 49 YEARS. Y PROGRAMS AND VOLUNTEER OPPORTUNITIES ARE EXAMPLES OF HOW WE DELIVER TRAINING, RESOURCES AND SUPPORT THAT EMPOWER OUR NEIGHBORS TO EFFECT CHANGE, BRIDGE GAPS AND OVERCOME OBSTACLES. IN 2021, WE ENGAGED OVER 31,800 Y MEMBERS, PARTICIPANTS, VOLUNTEERS AND COMMUNITY PARTNERS IN ACTIVITIES THAT STRENGTHEN OURSELVES, OUR COMMUNITIES, AND PAVE THE WAY FOR FUTURE GENERATIONS TO THRIVE. CONTINUED ON SCHEDULE O.


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Board, Officers & Key Employees

Name (title)Compensation
Jason Hagensick
President/ceo
$242,589
Gary Flaks
Vice President/cfo
$188,034
Barry Davis
Executive Director
$134,025
Bryan Hunt
Executive Director
$114,168
Jonathan Barbar
Trustee
$0
Peter Blum
Trustee Emeritis
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Gerrits Construction
Construction
$326,743
Atlantis Air Conditioning Corp
Maintenance
$269,300
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$278,154
Related organizations$0
Government grants $2,826,336
All other contributions, gifts, grants, and similar amounts not included above$4,800,619
Noncash contributions included in lines 1a–1f $16,900
Total Revenue from Contributions, Gifts, Grants & Similar$7,905,109
Total Program Service Revenue$8,188,847
Investment income $540
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$22,084
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $16,072,412

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Young Mens Christian Association Of South Palm Beach County Inc has recieved totaling $228,311.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$128,500
$29,441
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$20,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$15,068
Edward T Bedford Foundation Ima

Palm Beach, FL

PURPOSE: OPERATIONAL

$15,000
Town Of Palm Beach United Way Inc

Palm Beach, FL

PURPOSE: Grants to support program operation

$12,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,074,508
Earnings$112,876
Ending Balance$1,187,384

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