Central Florida Ymca Foundation Inc
- Assets
- $11.8m
- Revenue
- $124.0k
- Investments
- $11.4m
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 06/2002
- Data as of
- 12/2021
- EIN
- 59-3750283
Organization Overview
Central Florida Ymca Foundation Inc is located in Orlando, FL. The organization was established in 2002. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, 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. Central Florida YMCA Foundation 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, Central Florida YMCA Foundation Inc generated $124.0k 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 (19.3%) each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CENTRAL FLORIDA YMCA FOUNDATION, INC. PROVIDES SCHOLARSHIPS TO INDIVIDUALS FOR THE USE OF YMCA FACILITIES AND PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION HOLDS AND MANAGES ENDOWMENT CONTRIBUTIONS FOR THE CENTRAL FLORIDA YMCA. THE FOUNDATION IS ALSO ABLE TO CONDUCT FUNDRAISING ACTIVITIES ON BEHALF OF THE CENTRAL FLORIDA YMCA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colleen Manahan Board Member/cfo | OfficerTrustee | 0.5 | $0 |
Kevin Bolding Ceo/president (as Of 09/07/21) | Officer | 0.5 | $0 |
Daniel Wilcox Ceo/president (thru 09/07/21) | Officer | 0.5 | $0 |
Mike Manuel Chairman | Trustee | 0.5 | $0 |
Ron Sikes Secretary | Trustee | 0.5 | $0 |
Tom Warlick Board Member | Trustee | 0.5 | $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 | $0 |
| Investment income | $124,309 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$351 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $123,958 |
| 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 | $0 |
| Fees for services: Legal | $2,555 |
| Fees for services: Accounting | $16,580 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,170 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $210 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $50,335 |
| Total functional expenses | $71,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $145,736 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $9,356 |
| Accounts receivable, net | $0 |
| 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 | $250,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $11,383,565 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,788,657 |
| Accounts payable and accrued expenses | $8,600 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $149,171 |
| Total liabilities | $157,771 |
| Net assets without donor restrictions | $10,934,182 |
| Net assets with donor restrictions | $696,704 |
| 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 | $11,788,657 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Central Florida Ymca Foundation Inc has recieved totaling $8,250.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $8,250 |
Endowment Analysis
| Beg. Balance | $696,704 |
| Earnings | $50,335 |
| Other Expense | $50,335 |
| Ending Balance | $696,704 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trustbridge Foundation Inc West Palm Beach, FL | $165,141,180 | $27,715,967 |
Family Allies Inc Rockledge, FL | $2,052,888 | $5,472,573 |
The Hospice Foundation Of Martin & St Lucie Inc Stuart, FL | $38,872,394 | $6,423,921 |
Sos Childrens Villages Florida Inc Coconut Creek, FL | $5,627,775 | $5,841,080 |
Sheriffs Ranches Enterprises Inc Boys Ranch, FL | $1,230,660 | $4,068,193 |
Ymca Of Greater St Petersburg Facility Operations Inc St Petersburg, FL | $0 | $3,487,521 |
National Foundation For Youth Inc Cocoa, FL | $82,942,437 | $32,677,323 |
John Knox Village Of Florida Foundation Inc Pompano Beach, FL | $16,895,257 | $2,827,394 |
Hospice Foundation Of Palm Beach County Inc Palm Beach, FL | $27,516,487 | $3,903,608 |
Georgia Youth Homes Foundation Madison, GA | $25,002,046 | $1,469,118 |
Abch Foundation Birmingham, AL | $27,664,999 | $3,000,194 |
National Center For Civil And Human Rights Foundation Inc Atlanta, GA | $41,182,154 | $502,001 |