Civic Intelligence

Bath Area Family YMCA

990 • Fiscal year 2014 • EIN 01-0211812

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 26, 2015

303 Centre StreetBath, ME 04530

(207) 443-4112

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

52nd percentile

0.21x

Higher debt load relative to assets than 52% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

70th percentile

0.48x

Higher debt load relative to revenue than 70% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

27th percentile

-3.0%

Higher net margin than 27% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$86,332

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

34th percentile

-0.9%

Faster asset growth than 34% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

55th percentile

5.3%

Faster revenue growth than 55% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Down

$5,687,858

Down $52,075 (-0.9%) from 2013

Net Assets

Down

$4,491,974

Down $77,423 (-1.7%) from 2013

Liabilities

Up

$1,195,884

Up $25,349 (+2.2%) from 2013

Revenue

Up

$2,471,711

Up $124,873 (+5.3%) from 2013

Expenses

Down

$2,545,948

Down $21,833 (-0.9%) from 2013

Net Income

Up

-$74,237

Up $146,706 (+66%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $6,137,825Liabilities 2010: $1,151,814Net Assets 2010: $4,986,0112010Assets 2011: $6,027,318Liabilities 2011: $1,197,257Net Assets 2011: $4,830,0612011Assets 2012: $5,878,939Liabilities 2012: $1,134,519Net Assets 2012: $4,744,4202012Assets 2013: $5,739,933Liabilities 2013: $1,170,535Net Assets 2013: $4,569,3972013Assets 2014: $5,687,858Liabilities 2014: $1,195,884Net Assets 2014: $4,491,9742014Assets 2015: $6,202,911Liabilities 2015: $1,742,033Net Assets 2015: $4,460,8782015Assets 2016: $6,449,653Liabilities 2016: $1,871,765Net Assets 2016: $4,577,8882016Assets 2017: $6,534,492Liabilities 2017: $1,783,766Net Assets 2017: $4,750,7262017Assets 2018: $6,475,504Liabilities 2018: $1,737,964Net Assets 2018: $4,737,5402018Assets 2019: $7,799,479Liabilities 2019: $2,127,162Net Assets 2019: $5,672,3172019Assets 2020: $7,717,589Liabilities 2020: $2,036,494Net Assets 2020: $5,681,0952020Assets 2021: $8,511,150Liabilities 2021: $2,052,372Net Assets 2021: $6,458,7782021Assets 2022: $9,591,547Liabilities 2022: $1,717,657Net Assets 2022: $7,873,8902022Assets 2023: $10,317,307Liabilities 2023: $1,862,564Net Assets 2023: $8,454,7432023Assets 2024: $14,137,403Liabilities 2024: $5,621,407Net Assets 2024: $8,515,9962024

Highlighted filing

2014

Assets$5,687,858
Liabilities$1,195,884
Net Assets$4,491,974

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $2,426,347Expenses 2010: $2,488,539Net Income 2010: -$62,1922010Revenue 2011: $2,265,924Expenses 2011: $2,446,278Net Income 2011: -$180,3542011Revenue 2012: $2,404,869Expenses 2012: $2,506,333Net Income 2012: -$101,4642012Revenue 2013: $2,346,838Expenses 2013: $2,567,781Net Income 2013: -$220,9432013Revenue 2014: $2,471,711Expenses 2014: $2,545,948Net Income 2014: -$74,2372014Revenue 2015: $2,720,518Expenses 2015: $2,703,531Net Income 2015: $16,9872015Revenue 2016: $3,581,811Expenses 2016: $3,420,864Net Income 2016: $160,9472016Revenue 2017: $3,570,320Expenses 2017: $3,421,492Net Income 2017: $148,8282017Revenue 2018: $3,477,225Expenses 2018: $3,602,773Net Income 2018: -$125,5482018Revenue 2019: $4,492,032Expenses 2019: $3,734,558Net Income 2019: $757,4742019Revenue 2020: $2,925,144Expenses 2020: $2,915,506Net Income 2020: $9,6382020Revenue 2021: $3,889,439Expenses 2021: $3,150,476Net Income 2021: $738,9632021Revenue 2022: $5,682,837Expenses 2022: $4,199,932Net Income 2022: $1,482,9052022Revenue 2023: $5,959,682Expenses 2023: $5,445,221Net Income 2023: $514,4612023Revenue 2024: $6,708,914Expenses 2024: $6,550,574Net Income 2024: $158,3402024

Highlighted filing

2014

Revenue$2,471,711
Expenses$2,545,948
Net Income-$74,237
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 26, 2015
Return Version
2014v5.0
Gross Receipts
$2,577,067
Mission and Program Overview

Mission

The y's mission is to seek to promote the spiritual, physical and mental welfare of all the people it serves.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,516,469$4,415,228▼ $101,241
Investments in Publicly Traded Securities$379,283$363,602▼ $15,681
Accounts Receivable$99,819$99,819→ $0
Cash and Non-Interest-Bearing Accounts$46,642$60,217▲ $13,575
Prepaid Expenses and Deferred Charges$7,964$22,971▲ $15,007
Savings and Temporary Cash Investments$21,349$22,798▲ $1,449
Pledges and Grants Receivable$2,743$1,020▼ $1,723
Total Assets$5,739,932$5,687,858▼ $52,074
Other Assets Total$665,663$702,203▲ $36,540
Liabilities
Mortgage Notes Payable Secured by Investment Property$858,523$965,593▲ $107,070
Accounts Payable and Accrued Expenses$272,030$195,587▼ $76,443
Deferred Revenue$22,021$24,241▲ $2,220
Other Liabilities$17,961$10,463▼ $7,498
Total Liabilities$1,170,535$1,195,884▲ $25,349
Net Assets / Fund Balance
Unrestricted Net Assets$4,359,176$4,279,153▼ $80,023
Permanently Rstr Net Assets$210,221$212,821▲ $2,600
Total Net Assets Fund Balance$4,569,397$4,491,974▼ $77,423
Total Liabilities and Net Assets / Fund Balance$5,739,932$5,687,858▼ $52,074

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,382,451$1,722,711$6,105,162
Equipment$32,777$347,124$379,901
Other Assets Org$71,789--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$403,075$7,359▲ $30,161$62,587$374,786
2013$349,017$4,238▲ $72,745$20,507$403,075
2012$316,319$23,437▲ $16,830$5,106$349,017
2011$307,323$69,273▲ $26,688$84,969$316,319
2010$300,065$78,076▲ $12,658$83,000$307,323
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sabrina MurphyExecutive DiFT$73,461$12,871$86,332

Board Members and Trustees

NameTitle
Tony YuodsnukisPresident
Andy WinglassDirector
Cr DavisDirector
Diane MoyerDirector
Irl RosnerDirector
Jim DrakeDirector
Judy StallworthDirector
Kay BeveridgeDirector
Keri SeitzDirector
Leah ZartarianDirector
Roger FosterDirector
Ron MclaughlinDirector
Scott MillsDirector
Steve LevesqueDirector
Jack GintySecretary
Robert DavisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$222,837
Program Service Revenue
$2,224,311
Investment Income
$31,955
Other Revenue
$-7,392
All Other Contributions
$167,754
Change in Net Assets
$-74,237

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,471,711
Revenue Not Reported on Form 990
$29,699
Total Revenue per Audited Statements
$2,501,410
Total Revenue per Form 990
$2,471,711
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,419,935
Other Expenses$1,126,013
Total Fundraising Expense$52,946
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,019,390$89,613$31,469$1,140,472
Occupancy$344,234$74,685-$418,919
Depreciation Depletion$142,839--$142,839
Office Expenses$52,964$50,928$3,221$107,113
Payroll Taxes$81,618$9,381$2,814$93,813
Current Officers, Directors, Trustees, and Key Employees$43,167$30,216$12,950$86,333
Fees for Services Other$39,453$23,200$557$63,210
Pension Plan Contributions$46,377$3,611$819$50,807
Other Employee Benefits$44,791$3,103$616$48,510
Interest$39,787$4,704-$44,491
Insurance$36,324$4,037-$40,361
Travel$22,508$488$500$23,496
Advertising$14,618$1,809-$16,427
Other Expenses$3,993$60-$4,053
Total Functional Expenses$2,180,462$312,540$52,946$2,545,948

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,578,832
Total Expenses per Form 990$2,545,948
Expenses per Audited Statements$2,545,947
Expenses Not Reported on Form 990$32,885
Expenses Not Reported on Financial Statements$1
Other Expense Adjustments$1
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$41,056
Fundraising Direct Expenses$16,796
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Festival of Tre$12,685$12,685$1,796$10,889
Golf Tournament$12,328$12,328$3,704$8,624
Total Events$25,013$25,013$5,500$19,513
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Leases Payable$10,463
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed and approved by the executive director prior to filing. The executive director notifies board members of the availability of a copy of the form 990.

Form 990, Page 6, Part VI, Line 12C

Annually, the board and all employees must complete a statement of disclosure. If questions arise during the year, they are brought to the attention of the executive director of the board for resolution.

Form 990, Page 6, Part VI, Line 15A

The ymca utilizes salary and benefit guidelines developed by the ymca of the usa to determine compensation levels for the ceo and key employees. These guidelines provide comparable salary ranges by position, region and size of the organization.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public on request. Before the annual meeting, a notice of the meeting is published in the local newspaper. At the annual meeting an announcement is made about the availability of documents.

Filing and Contact Details

Filer

Filer Name
Bath Area Family Ymca
EIN
01-0211812
Phone
2074434112
Address
303 CENTRE STREET, BATH, ME 04530

Signing Officer

Name
Sabrina Murphy
Title
Executive Director
Phone
2074434112
Signed
2015-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sabrina Murphy
Formed
1856
Legal Domicile
Me
Voting Board Members
16
Independent Board Members
16
Employees
182
Volunteers
401

Preparer

Firm
Pfbfcpas
Address
46 FIRSTPARK DRIVE, OAKLAND, ME 04963-5362
Preparer
Danielle D Martin CPA
Phone
2078731603
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Bring families closer together, encourage good health and foster connections through fitness, sports, fun and shared interests. As a result, in 2014, nearly 7,000 people in our community received the support, guidance, and resources they needed 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 2014, we provided 228,437 in financial assistance to people who otherwise would have faced economic barriers to participation. Social responsibility: our ymca believes in giving back and supporting our neighbors. We have been listening and responding to our community's most critical social needs for 157 years. Y programs such as freedom tour; community swim; healthy kids day; pre-k programs such as c.h.o.i.c.e.s. (children having opportunities in early collaborative settings) and hepa (healthy eating and physical activity standards) for early childhood and after school programs, livestrong at the y, and military one source, are examples of how we deliver training, resources, and support that empower our neighbors to effect change, bridge gaps, and overcome obstacles. In 2014, we engaged nearly 7,000 ymca members, participants and volunteers in activities that strengthen our community and pave the way for future generations to thrive. During 2014 the ymca was able to serve 6,604 participants with 401 volunteers donating 31,373 hours. The ymca awarded 228,437 to 1,459 scholarship participants.

Financial Statement Notes

Schedule D, Page 3, Part X

Bath area family ymca is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and has been determined not to be a private foundation under section 509(a)(2) of the code. In addition, the organization qualifies for the charitable contribution deduction under section 170(b)(1)(a). Management believes there are no uncertain tax positions with the internal revenue service that require disclosure in its financial statements. The organization is currently open to audit under the statute of limitations by the internal revenue service and state taxing authorities for the years ending december 31, 2011 through 2014.

Schedule D, Page 4, Part XI, Line 2D

Change in beneficial interest in crt 5,890 cost of sales 32,885

Schedule D, Page 4, Part XII, Line 2D

COST OF SALES 32,885

Schedule D, Page 4, Part XII, Line 4B

Book / tax depreciation difference 1

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IRS990/Desc0PROMOTE LIFE SKILLS; AND IMPROVE HEALTH AND WELLNESS. WE ARE DRIVEN BY THE VALUES OF CARING, HONESTY, RESPECT AND RESPONSIBILITY. WE EMBRACE THE DIVERSITY OF OUR COMMUNITY. WE DO NOT DISCRIMINATE BASED ON RACE, CREED, NATIONAL ORIGIN, AGE, GENDER, SEXUAL ORIENTATION, DISABILITY OR SOCIO- ECONOMIC STATUS. WE ALWAYS STRIVE TO PROVIDE OUR SERVICES WITHOUT REGARD FOR ONE'S ABILITY TO PAY FOR SUCH SERVICES. YOUTH DEVELOPMENT: SUCH AS AFTER SCHOOL CARE, PRE-K EDUCATION, YOUTH BASKETBALL, SWIM LESSONS, GYMNASTICS AND SWIM TEAM, AND CREATIVE PLAY FOR TOTS, OFFER RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL AND EMOTIONAL GROWTH. 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 INTERESTS. AS A RESULT, IN 2014, NEARLY 7,000 PEOPLE IN OUR COMMUNITY RECEIVED THE SUPPORT, GUIDANCE, AND RESOURCES THEY NEEDED 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 2014, WE PROVIDED 228,437 IN FINANCIAL ASSISTANCE TO PEOPLE WHO OTHERWISE WOULD HAVE FACED ECONOMIC BARRIERS TO PARTICIPATION. SOCIAL RESPONSIBILITY: OUR YMCA BELIEVES IN GIVING BACK AND SUPPORTING OUR NEIGHBORS. WE HAVE BEEN LISTENING AND RESPONDING TO OUR COMMUNITY'S MOST CRITICAL SOCIAL NEEDS FOR 157 YEARS. Y PROGRAMS SUCH AS FREEDOM TOUR; COMMUNITY SWIM; HEALTHY KIDS DAY; PRE-K PROGRAMS SUCH AS C.H.O.I.C.E.S. (CHILDREN HAVING OPPORTUNITIES IN EARLY COLLABORATIVE SETTINGS) AND HEPA (HEALTHY EATING AND PHYSICAL ACTIVITY STANDARDS) FOR EARLY CHILDHOOD AND AFTER SCHOOL PROGRAMS, LIVESTRONG AT THE Y, AND MILITARY ONE SOURCE, ARE EXAMPLES OF HOW WE DELIVER TRAINING, RESOURCES, AND SUPPORT THAT EMPOWER OUR NEIGHBORS TO EFFECT CHANGE, BRIDGE GAPS, AND OVERCOME OBSTACLES. IN 2014, WE ENGAGED NEARLY 7,000 YMCA MEMBERS, PARTICIPANTS AND VOLUNTEERS IN ACTIVITIES THAT STRENGTHEN OUR COMMUNITY AND PAVE THE WAY FOR FUTURE GENERATIONS TO THRIVE. DURING 2014 THE YMCA WAS ABLE TO SERVE 6,604 PARTICIPANTS WITH 401 VOLUNTEERS DONATING 31,373 HOURS. THE YMCA AWARDED 228,437 TO 1,459 SCHOLARSHIP PARTICIPANTS.
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01146501
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.1$5.62$8.52$6.71$6.55$0.16
2023Detailed filing. Detailed filing data is available for this year.$10.3$1.86$8.45$5.96$5.45$0.51
2022Detailed filing. Detailed filing data is available for this year.$9.59$1.72$7.87$5.68$4.20$1.48
2021Detailed filing. Detailed filing data is available for this year.$8.51$2.05$6.46$3.89$3.15$0.74
2020Detailed filing. Detailed filing data is available for this year.$7.72$2.04$5.68$2.93$2.92$0.01
2019Detailed filing. Detailed filing data is available for this year.$7.80$2.13$5.67$4.49$3.73$0.76
2018Detailed filing. Detailed filing data is available for this year.$6.48$1.74$4.74$3.48$3.60$0.13
2017Detailed filing. Detailed filing data is available for this year.$6.53$1.78$4.75$3.57$3.42$0.15
2016Detailed filing. Detailed filing data is available for this year.$6.45$1.87$4.58$3.58$3.42$0.16
2015Detailed filing. Detailed filing data is available for this year.$6.20$1.74$4.46$2.72$2.70$0.02
2014Detailed filing. Detailed filing data is available for this year.$5.69$1.20$4.49$2.47$2.55$0.07
2013Detailed filing. Detailed filing data is available for this year.$5.74$1.17$4.57$2.35$2.57$0.22
2012Summary only. Only limited summary data is available for this year.$5.88$1.13$4.74$2.40$2.51$0.10
2011Summary only. Only limited summary data is available for this year.$6.03$1.20$4.83$2.27$2.45$0.18
2010Summary only. Only limited summary data is available for this year.$6.14$1.15$4.99$2.43$2.49$0.06