Southside Virginia Family Ymca
- Assets
- $4.2m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 75
- Location
- Farmville, VA
- Founding
- 02/1996
- Data as of
- 12/2021
- EIN
- 62-1487256
Organization Overview
Southside Virginia Family Ymca is located in Farmville, VA. The organization was established in 1996. 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, Southside Virginia Family YMCA employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southside Virginia 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 12/2021, Southside Virginia Family YMCA generated $1.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $919.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) 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
THE SOUTHSIDE VIRGINIA FAMILY YMCA IS A CHARITABLE, COMMUNITY SERVICE ORGANIZATION THAT INCLUDES MEN, WOMEN, AND CHILDREN OF ALL AGES, ABILITIES, INCOMES, RACES AND RELIGIONS. THE ORGANIZATION MISSION IS TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD A HEALTHY SPIRIT, MIND AND BODY FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTHY LIVING: THE Y IS A LEADING VOICE ON HEALTH AND WELL-BEING. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS, FUN, AND SHARED INTEREST SUCH AS DIABETES PREVENTION, GROUP EXERCISE, SWIMMING, AND SENIOR ACTIVITIES, FAMILY STRENGTHENING AND SOCIAL CLUBS. AS A RESULT, 5000 PEOPLE IN OUR COMMUNITY ARE RECEIVING THE SUPPORT, GUIDANCE, AND RESOURCES THEY NEED TO ACHIEVE GREATER HEALTH IN SPIRIT, MIND AND BODY. THIS IS PARTICULARLY IMPORTANT AS OUR NATION STRUGGLES WITH AN OBESITY CRISIS, FAMILIES STRUGGLE WITH WORK/LIFE BALANCE AND INDIVIDUALS SEARCH FOR PERSONAL FULFILLMENT. OUR PROGRAMS ARE ACCESSIBLE, AFFORDABLE AND OPEN TO ALL FAITHS, BACKGROUNDS, ABILITIES, AND INCOME LEVELS. IN 2021, WE PROVIDED FINANCIAL ASSISTANCE TO OVER 500 FAMILIES WHO OTHERWISE MAY NOT HAVE BEEN ABLE TO AFFORD TO PARTICIPATE.
SOCIAL RESPONSIBILITY: THE YMCA, AS A COMMUNITY LEADER AND RESPONDER TO COMMUNITY NEEDS, HAS RISEN TO THE REQUEST OF THE COMMUNITY. OUR OUTREACH SWIM LESSON PROGRAM IS AN EXAMPLE OF HOW WE EFFECT CHANGE, BRIDGE GAPS AND OVERCOME OBSTACLES BY PROVIDING DONOR SUPPORTED SWIM LESSONS TO OVER 100 CHILDREN IN OUR COMMUNITY. THIS PROGRAM EQUIPS CHILDREN WITH THE TOOLS THEY NEED TO BE CONFIDENT IN AND AROUND WATER. THE YMCA'S ANNUAL HEALTHY KIDS DAY HAS OVER 200 COMMUNITY MEMBERS ATTENDING. OTHER PARTNERSHIPS IN OUR COMMUNITY ALLOW US TO OFFER PROGRAMS SUCH AS LUNCH AND LEARN WHICH PROVIDES FREE HEALTHY LIVING SEMINARS TO THE COMMUNITY.
YOUTH DEVELOPMENT: OUR Y IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN. WE BELIEVE THAT ALL KIDS DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT'S WHY WE HELP YOUNG PEOPLE CULTIVATE THE VALUES, SKILLS AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH AND EDUCATIONAL ACHIEVEMENT. OUR Y PROGRAMS, SUCH AS YEAR ROUND CHILDCARE OFFER A RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL, AND EMOTIONAL GROWTH. THESE PROGRAMS INCLUDE SUBSIDIES AND DIRECT FINANCIAL ASSISTANCE THAT MAKE PARTICIPATION POSSIBLE FOR YOUTH WHO OTHERWISE MAY NOT HAVE BEEN ABLE TO AFFORD TO PARTICIPATE.
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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 | $163,849 |
| All other contributions, gifts, grants, and similar amounts not included above | $82,299 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $246,148 |
| Total Program Service Revenue | $659,658 |
| Investment income | $547 |
| 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 | -$230 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,036,406 |
| 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 | $354,962 |
| Pension plan accruals and contributions | $10,704 |
| Other employee benefits | $9,755 |
| Payroll taxes | $37,551 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,623 |
| Advertising and promotion | $4,602 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $91,764 |
| Travel | $7,816 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $67,260 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $115,484 |
| Insurance | $41,370 |
| All other expenses | $51,633 |
| Total functional expenses | $918,972 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,585 |
| Savings and temporary cash investments | $165,693 |
| Pledges and grants receivable | $0 |
| 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 | $3,864,253 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,151,531 |
| Accounts payable and accrued expenses | $6,107 |
| Grants payable | $0 |
| Deferred revenue | $1,521 |
| 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 | $1,329,430 |
| Unsecured mortgages and notes payable | $50,000 |
| Other liabilities | $0 |
| Total liabilities | $1,387,058 |
| Net assets without donor restrictions | $2,764,473 |
| 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 | $4,151,531 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Southside Virginia Family Ymca has recieved totaling $6,600.
| Awarding Organization | Amount |
|---|---|
Center For Early Success Danville, VA PURPOSE: TO BUILD ADDITIONAL CAPACITY FOR AND SUPPLY OF CHILD CARE AND SAFE LEARNING SPACES FOR SCHOOL AGE CHILDREN AND TO CONNECT EXISTING PROVIDERS TO FAMILIES IN NEED OF CHILD CARE SERVICES | $6,600 |