Civic Intelligence

West Suburban Young Men'S Christian Association

990 • Fiscal year 2019 • EIN 04-2104783

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 06, 2020

276 Church StreetNewton, MA 02458

(617) 244-6050

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.50x

Higher debt load relative to assets than 73% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

77th percentile

0.81x

Higher debt load relative to revenue than 77% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

52nd percentile

3.7%

Higher net margin than 52% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

68th percentile

$241,847

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

51st percentile

4.0%

Faster asset growth than 51% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

54th percentile

5.2%

Faster revenue growth than 54% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$14,161,155

Up $542,601 (+4.0%) from 2018

Net Assets

Up

$7,128,469

Up $670,096 (+10%) from 2018

Liabilities

Down

$7,032,686

Down $127,495 (-1.8%) from 2018

Revenue

Up

$8,638,287

Up $429,433 (+5.2%) from 2018

Expenses

Up

$8,317,818

Up $342,355 (+4.3%) from 2018

Net Income

Up

$320,469

Up $87,078 (+37%) from 2018

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $14,975,740Liabilities 2010: $8,234,945Net Assets 2010: $6,740,7952010Assets 2011: $14,859,350Liabilities 2011: $8,318,870Net Assets 2011: $6,540,4802011Assets 2012: $14,524,831Liabilities 2012: $8,329,042Net Assets 2012: $6,195,7892012Assets 2013: $14,155,104Liabilities 2013: $8,177,238Net Assets 2013: $5,977,8662013Assets 2014: $13,709,091Liabilities 2014: $7,813,411Net Assets 2014: $5,895,6802014Assets 2015: $13,543,208Liabilities 2015: $7,626,383Net Assets 2015: $5,916,8252015Assets 2016: $13,531,048Liabilities 2016: $7,498,613Net Assets 2016: $6,032,4352016Assets 2017: $13,816,704Liabilities 2017: $7,359,078Net Assets 2017: $6,457,6262017Assets 2018: $13,618,554Liabilities 2018: $7,160,181Net Assets 2018: $6,458,3732018Assets 2019: $14,161,155Liabilities 2019: $7,032,686Net Assets 2019: $7,128,4692019Assets 2020: $14,708,357Liabilities 2020: $6,855,560Net Assets 2020: $7,852,7972020Assets 2021: $20,622,878Liabilities 2021: $6,888,440Net Assets 2021: $13,734,4382021Assets 2022: $34,858,078Liabilities 2022: $22,421,946Net Assets 2022: $12,436,1322022Assets 2023: $33,214,786Liabilities 2023: $20,409,832Net Assets 2023: $12,804,9542023Assets 2024: $33,698,071Liabilities 2024: $19,727,358Net Assets 2024: $13,970,7132024

Highlighted filing

2019

Assets$14,161,155
Liabilities$7,032,686
Net Assets$7,128,469

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $7,041,4072010Expenses 2011: $7,065,3392011Expenses 2012: $7,687,1292012Revenue 2013: $7,260,656Expenses 2013: $7,626,870Net Income 2013: -$366,2142013Revenue 2014: $7,136,140Expenses 2014: $7,147,480Net Income 2014: -$11,3402014Revenue 2015: $6,805,641Expenses 2015: $6,871,175Net Income 2015: -$65,5342015Revenue 2016: $7,498,878Expenses 2016: $7,455,023Net Income 2016: $43,8552016Revenue 2017: $7,835,994Expenses 2017: $7,602,420Net Income 2017: $233,5742017Revenue 2018: $8,208,854Expenses 2018: $7,975,463Net Income 2018: $233,3912018Revenue 2019: $8,638,287Expenses 2019: $8,317,818Net Income 2019: $320,4692019Revenue 2020: $6,838,082Expenses 2020: $6,310,980Net Income 2020: $527,1022020Revenue 2021: $13,452,170Expenses 2021: $7,759,939Net Income 2021: $5,692,2312021Revenue 2022: $9,585,562Expenses 2022: $8,779,781Net Income 2022: $805,7812022Revenue 2023: $12,915,477Expenses 2023: $12,598,873Net Income 2023: $316,6042023Revenue 2024: $14,425,530Expenses 2024: $13,473,397Net Income 2024: $952,1332024

Highlighted filing

2019

Revenue$8,638,287
Expenses$8,317,818
Net Income$320,469
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 6, 2020
Return Version
2019v5.0
Gross Receipts
$8,774,412
Mission and Program Overview

Mission

SEE SCHEDULE O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,261,943$8,984,154▼ $277,789
Investments in Publicly Traded Securities$1,915,902$2,322,186▲ $406,284
Savings and Temporary Cash Investments$513,687$720,433▲ $206,746
Cash and Non-Interest-Bearing Accounts$363,398$524,977▲ $161,579
Prepaid Expenses and Deferred Charges$62,086$108,175▲ $46,089
Accounts Receivable$52,436$56,585▲ $4,149
Pledges and Grants Receivable$107,782$34,861▼ $72,921
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0--
Rtn Earn Endowment Incm Other Fnds$0--
Cap Stk Tr Prin Current Funds$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$13,618,554$14,161,155▲ $542,601
Other Assets Total$1,341,320$1,409,784▲ $68,464
Liabilities
Tax Exempt Bond Liabilities$4,432,633$4,287,468▼ $145,165
Mortgage Notes Payable Secured by Investment Property$1,622,775$1,545,358▼ $77,417
Other Liabilities$337,400$354,900▲ $17,500
Accounts Payable and Accrued Expenses$255,404$309,356▲ $53,952
Deferred Revenue$261,969$285,604▲ $23,635
Unsecured Notes Loans Payable$250,000$250,000→ $0
Grants Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$7,160,181$7,032,686▼ $127,495
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,198,604$5,681,190▲ $482,586
Net Assets With Donor Restrictions$1,259,769$1,447,279▲ $187,510
Total Net Assets Fund Balance$6,458,373$7,128,469▲ $670,096
Total Liabilities and Net Assets / Fund Balance$13,618,554$14,161,155▲ $542,601

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,720,162$7,062,868$15,783,030
Equipment$183,992$1,765,349$1,949,341
Other Land Buildings$51,250$146,004$197,254
Land$28,750-$28,750
Other Assets Org$66,348--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$1,181,613-▲ $247,639$60,619$1,368,633
2018$1,335,580$0▼ $85,316$68,651$1,181,613
2017$1,200,440$0▲ $203,950$68,810$1,335,580
2016$1,162,912$0▲ $100,766$63,238$1,200,440
2015$1,264,920$0▼ $39,681$62,327$1,162,912
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-President/CEOFT$199,212$42,635$241,847
-Chief Operating OfficerFT$129,697$16,421$146,118
-Vice President of FinancePT$63,505$12,964$76,469

Board Members and Trustees

NameTitle
-Board Chair
-Vice Chair (since May 2019)
-Director
-Director (since May 2019)
-Director (until May 2019)
-Assistant Treasurer
-Clerk
-Ex-officio
-Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Cafe Services IncKitchen Services-Camps749 E Industrial Park Drive, Manchester, NH 03109$134,457
Spotlite Cleaning Systems IncCleaning Services94 Billerica Street, Lowell, MA 01852$104,580
Revenue and Support

Revenue Composition

Contributions and Grants
$517,174
Program Service Revenue
$7,958,801
Investment Income
$62,801
Other Revenue
$99,511
All Other Contributions
$360,951
Change in Net Assets
$320,469
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,330,343
Other Expenses$3,439,469
Grants and Similar Amounts Paid$489,657
Total Fundraising Expense$409,141
Professional Fundraising Fees$58,349

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,837,533$363,695$98,129$3,299,357
Occupancy$558,224$12,711$20,224$591,159
Depreciation Depletion$466,446$10,409$18,683$495,538
Grants to Domestic Individuals$488,357--$488,357
All Other Expenses$396,931$64,392$15,077$476,400
Fees for Services Other$345,749$0$0$345,749
Current Officers, Directors, Trustees, and Key Employees-$197,392$120,924$318,316
Payroll Taxes$214,255$52,297$14,926$281,478
Other Employee Benefits$194,392$56,154$7,130$257,676
Interest$201,981$17,524$43$219,548
Pension Plan Contributions$141,468$31,996$52$173,516
Other Expenses$167,819$57$102$167,978
Payments to Affiliates$146,650$1,569$0$148,219
Information Technology$113,259$5,112$15,596$133,967
Insurance$101,252$26,378$4,471$132,101
Advertising$64,676$15,611$7,401$87,688
Office Expenses$72,945-$7,549$80,494
Fees for Services Professional Fundraising--$58,349$58,349
Fees for Services Legal-$43,591-$43,591
Fees for Services Accounting-$37,687-$37,687
Foreign Grants$1,300--$1,300
Fees for Service Investment Mgmnt Fees-$176-$176
Total Functional Expenses$6,923,051$985,626$409,141$8,317,818
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$134,560
Fundraising Direct Expenses$85,498
Professional Fundraising Fees$58,349

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$122,635$84,435$1,444$82,991
Golf Tournament$61,965$32,565$200$32,365
Total Events$202,160$134,560$85,498$49,062
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
NCDA Accrued Interest Payable$354,900

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMass Development Finance Agency2010-10-27$5,440,000REFINANCE PREVIOUS BOND

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$5,440,000$24,240$1,140,164$65,760

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6 Classes of members or stockholders

Members have no voting rights. The Board of Directors votes on behalf of the members in all matters in accordance with the Powers of the Board as set forth in Article V.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

Directors & Officers shall be chosen annually by a majority vote of the sitting Board of Directors at a time and place fixed by the Board of Directors. The Directors shall be divided into three classes of approximately equal size, the term of one class expiring each year. The Directors shall have the power to fill, for the unexpired term, all vacancies in their number between annual meetings.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The form 990 tax return is prepared by the vp of finance and outside accountants. The president & ceo, and the treasurer review the form 990 tax return for reasonableness and accuracy. A public disclosure copy of the return is distributed to all members of the board of directors prior to filing.

Form 990, Part VI, Line 12C Conflict of interest policy

All members of the board of directors and the board of trustees must complete and sign our conflict of interest policy annually. The west suburban ymca management reviews disclosures to determine the impact on the organization, which are then addressed and documented. No member of the board of directors, or any of its committees, shall derive any personal profit or gain, directly or indirectly, by reason of his or her participation with the west suburban ymca without the prior written consent of the west suburban ymca. Each individual shall disclose to the organization any personal interest which he or she may have in any matter pending before the organization and shall refrain from participation in any decision on such matter. Any member of the board, any committee, or staff who is an officer, board member, a committee member, or staff member of a client organization or vendor of the west suburban ymca shall identify his or her affiliation with such agency, s/he shall not participate in the decision affecting that agency and the decision must be made and/or ratified by the full board. Any member of the board, any committee, staff, and certain consultants shall refrain from obtaining any list of clients for personal or private solicitation purposes at any time during the term or their affiliation.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

The board of directors determined the compensation for the president/ceo. The board utilized the services of a compensation consultant to help them decide upon the compensation. The board also compared the organization to similar benchmark organizations to further evaluate the compensation to be provided.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

The organization uses a common industry weighting/payscale for all other employees as well as compared to market.

Form 990, Part VI, Line 19 Required documents available to the public

The organization makes its governing documents, conflict of interest policy, form 1023 and financial statements available to the public upon request for the same period of disclosure as set forth in section 6104(d). The organization's form 990 is available via the guidestar website and the office of the massachusetts attorney general website.

Form 990, Part VIII, Line 2F Other Program Service Revenue

Other Program Revenue - Total Revenue: 1376898, Related or Exempt Function Revenue: 1376898, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Residence Revenue - Total Revenue: 0, Related or Exempt Function Revenue: 0, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;

Filing and Contact Details

Filer

Filer Name
WEST SUBURBAN YOUNG MEN'S CHRISTIAN ASSOCIATION
EIN
04-2104783
Phone
6172446050
Address
276 Church Street, Newton, MA 02458
Doing Business As
West Suburban Ymca

Signing Officer

Name
John P Fucci
Title
President/CEO
Signed
2020-10-06
Discuss with paid preparer
Yes

Organization Details

Formed
1877
Legal Domicile
Ma
Voting Board Members
19
Independent Board Members
19
Employees
472
Volunteers
503

Preparer

Firm
AAFCPAs Inc
Address
50 Washington Street, Westborough, MA 01581-1013
Preparer
Thomas Muldoon CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1 Description of Organization Mission

The west suburban ymca ("ymca") is a nonprofit community service organization made possible because of charitable donations, member support, and dedicated volunteers and staff.

Form 990, Part III, Line 1 Description of Organization Mission

The west suburban ymca, located in newton, massachusetts, is a nonprofit community service organization made possible because of charitable donations, member support and dedicated volunteers and staff. The ymca is devoted to education, physical health, mental well-being, and moral development of children, families, and communities. The ymca strives to incorporate all its programs with the core values of honesty, caring, respect, and responsibility. Founded in 1877, the west suburban ymca has over 13,000 members and program participants, and serves the communities of newton, watertown, belmont, wellesley, and weston with day and resident camps in newton, wayland and east brookfield, ma. All are welcome at our ymca, regardless of ability to pay full fees.

Financial Statement Notes

Schedule D, Part V, Line 4 Intended uses of endowment funds

The endowment funds are for the use of the organization for its operations and programs.

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The Organization accounts for uncertainty in income taxes in accordance with ASC Topic, Income Taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the consolidated financial statements regarding a tax position taken or expected to be taken in a tax return. This standard does not have a material effect on the accompanying consolidated financial statements for Newton Corner Place, Inc. since the tax benefit of the net operating loss carryforwards has been fully reserved. The Organization has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the consolidated financial statements at December 31, 2019 and 2018. The Organization's information returns are subject to examination by the Federal and state jurisdictions.

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IRS990/Desc0Youth Development - Our YMCA is committed to nurturing the potential of every child and teen. We believe all kids have great potential and 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 education achievement. Our YMCA programs, such as child care, preschool, youth sports, day care and overnight camps, offer a range of experiences that enrich social-emotional, cognitive and physical growth. Expenses include subsidies and direct financial assistance that make participation possible for all the young people we engage.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$33.7$19.7$14.0$14.4$13.5$0.95
2023Detailed filing. Detailed filing data is available for this year.$33.2$20.4$12.8$12.9$12.6$0.32
2022Detailed filing. Detailed filing data is available for this year.$34.9$22.4$12.4$9.59$8.78$0.81
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$20.6$6.89$13.7$13.5$7.76$5.69
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.7$6.86$7.85$6.84$6.31$0.53
2019Detailed filing. Detailed filing data is available for this year.$14.2$7.03$7.13$8.64$8.32$0.32
2018Detailed filing. Detailed filing data is available for this year.$13.6$7.16$6.46$8.21$7.98$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.8$7.36$6.46$7.84$7.60$0.23
2016Detailed filing. Detailed filing data is available for this year.$13.5$7.50$6.03$7.50$7.46$0.04
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$13.5$7.63$5.92$6.81$6.87$0.07
2014Detailed filing. Detailed filing data is available for this year.$13.7$7.81$5.90$7.14$7.15$0.01
2013Detailed filing. Detailed filing data is available for this year.$14.2$8.18$5.98$7.26$7.63$0.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$8.33$6.20$7.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.9$8.32$6.54$7.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.0$8.23$6.74$7.04
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $10M-$25M nonprofits