Civic Intelligence

YMCA of Martha'S Vineyard Inc

EIN 04-3293959 • 501(c)3 • Vineyard Haven, MA

Profile

Dedication to improving the quality of life for children, individuals, families and the martha's vineyard island community by helping all people realize their potential through development of body, mind and spirit.

111R Edgartown RoadVineyard Haven, MA 02568

www.ymcamv.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

29th percentile

0.05x

Higher debt load relative to assets than 29% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

42nd percentile

0.16x

Higher debt load relative to revenue than 42% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

69th percentile

16%

Higher net margin than 69% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

59th percentile

$213,500

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

60th percentile

7.4%

Faster asset growth than 60% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

84th percentile

48%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$24,487,269

Up $1,694,190 (+7.4%) from 2023

Liabilities

Up

$1,167,954

Up $158,856 (+16%) from 2023

Net Assets

Up

$23,319,315

Up $1,535,334 (+7.0%) from 2023

Revenue

Up

$7,359,178

Up $2,389,496 (+48%) from 2023

Expenses

Up

$6,213,970

Up $263,202 (+4.4%) from 2023

Net Income

Up

$1,145,208

Up $2,126,294 (+217%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $13,342,506Liabilities 2011: $3,108,814Net Assets 2011: $10,233,6922011Assets 2012: $13,041,606Liabilities 2012: $3,036,484Net Assets 2012: $10,005,1222012Assets 2013: $14,265,860Liabilities 2013: $2,947,196Net Assets 2013: $11,318,6642013Assets 2014: $15,035,551Liabilities 2014: $1,978,193Net Assets 2014: $13,057,3582014Assets 2015: $14,648,370Liabilities 2015: $1,835,266Net Assets 2015: $12,813,1042015Assets 2016: $14,729,139Liabilities 2016: $1,207,904Net Assets 2016: $13,521,2352016Assets 2017: $15,228,729Liabilities 2017: $652,890Net Assets 2017: $14,575,8392017Assets 2018: $22,227,259Liabilities 2018: $879,199Net Assets 2018: $21,348,0602018Assets 2019: $22,770,068Liabilities 2019: $559,379Net Assets 2019: $22,210,6892019Assets 2020: $23,482,117Liabilities 2020: $782,051Net Assets 2020: $22,700,0662020Assets 2021: $24,356,522Liabilities 2021: $511,094Net Assets 2021: $23,845,4282021Assets 2022: $22,725,229Liabilities 2022: $738,160Net Assets 2022: $21,987,0692022Assets 2023: $22,793,079Liabilities 2023: $1,009,098Net Assets 2023: $21,783,9812023Assets 2024: $24,487,269Liabilities 2024: $1,167,954Net Assets 2024: $23,319,3152024

Highlighted filing

2024

Assets$24,487,269
Liabilities$1,167,954
Net Assets$23,319,315

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $4,641,765Expenses 2011: $3,823,512Net Income 2011: $818,2532011Revenue 2012: $3,554,940Expenses 2012: $3,783,510Net Income 2012: -$228,5702012Revenue 2013: $4,975,467Expenses 2013: $3,661,925Net Income 2013: $1,313,5422013Revenue 2014: $5,255,135Expenses 2014: $3,516,442Net Income 2014: $1,738,6932014Revenue 2015: $3,248,683Expenses 2015: $3,492,937Net Income 2015: -$244,2542015Revenue 2016: $3,968,968Expenses 2016: $3,426,857Net Income 2016: $542,1112016Revenue 2017: $4,465,880Expenses 2017: $3,769,625Net Income 2017: $696,2552017Revenue 2018: $10,741,172Expenses 2018: $3,968,951Net Income 2018: $6,772,2212018Revenue 2019: $4,977,754Expenses 2019: $4,819,350Net Income 2019: $158,4042019Revenue 2020: $4,087,315Expenses 2020: $4,102,645Net Income 2020: -$15,3302020Revenue 2021: $5,436,042Expenses 2021: $4,816,731Net Income 2021: $619,3112021Revenue 2022: $4,116,431Expenses 2022: $5,324,259Net Income 2022: -$1,207,8282022Revenue 2023: $4,969,682Expenses 2023: $5,950,768Net Income 2023: -$981,0862023Revenue 2024: $7,359,178Expenses 2024: $6,213,970Net Income 2024: $1,145,2082024

Highlighted filing

2024

Revenue$7,359,178
Expenses$6,213,970
Net Income$1,145,208

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.5$1.17$23.3$7.36$6.21$1.15
2023Detailed filing. Detailed filing data is available for this year.$22.8$1.01$21.8$4.97$5.95$0.98
2022Detailed filing. Detailed filing data is available for this year.$22.7$0.74$22.0$4.12$5.32$1.21
2021Detailed filing. Detailed filing data is available for this year.$24.4$0.51$23.8$5.44$4.82$0.62
2020Detailed filing. Detailed filing data is available for this year.$23.5$0.78$22.7$4.09$4.10$0.02
2019Detailed filing. Detailed filing data is available for this year.$22.8$0.56$22.2$4.98$4.82$0.16
2018Detailed filing. Detailed filing data is available for this year.$22.2$0.88$21.3$10.7$3.97$6.77
2017Detailed filing. Detailed filing data is available for this year.$15.2$0.65$14.6$4.47$3.77$0.70
2016Detailed filing. Detailed filing data is available for this year.$14.7$1.21$13.5$3.97$3.43$0.54
2015Detailed filing. Detailed filing data is available for this year.$14.6$1.84$12.8$3.25$3.49$0.24
2014Detailed filing. Detailed filing data is available for this year.$15.0$1.98$13.1$5.26$3.52$1.74
2013Summary only. Only limited summary data is available for this year.$14.3$2.95$11.3$4.98$3.66$1.31
2012Summary only. Only limited summary data is available for this year.$13.0$3.04$10.0$3.55$3.78$0.23
2011Summary only. Only limited summary data is available for this year.$13.3$3.11$10.2$4.64$3.82$0.82
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 20, 2025
Return Version
2024v5.1
Gross Receipts
$7,359,178
Mission and Program Overview

Mission

Dedication to improving the quality of life for children, individuals, families and the martha's vineyard island community by helping all people realize their potential through development of body, mind and spirit.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$14,631,815$14,552,291▼ $79,524
Savings and Temporary Cash Investments$7,399,761$5,847,727▼ $1,552,034
Cash and Non-Interest-Bearing Accounts$478,635$3,868,544▲ $3,389,909
Prepaid Expenses and Deferred Charges$185,924$127,455▼ $58,469
Accounts Receivable$96,944$91,252▼ $5,692
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$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--
Investments in Publicly Traded Securities$0$0→ $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-
Loans From Officers Directors$0$0→ $0
Total Assets$22,793,079$24,487,269▲ $1,694,190
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$616,830$553,340▼ $63,490
Mortgage Notes Payable Secured by Investment Property$263,740$526,807▲ $263,067
Deferred Revenue$128,528$87,807▼ $40,721
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,009,098$1,167,954▲ $158,856
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,102,954$13,575,386▼ $527,568
Net Assets With Donor Restrictions$7,681,027$9,743,929▲ $2,062,902
Total Net Assets Fund Balance$21,783,981$23,319,315▲ $1,535,334
Total Liabilities and Net Assets / Fund Balance$22,793,079$24,487,269▲ $1,694,190

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,170,817$5,887,757$18,058,574
Other Land Buildings$1,843,561$47,388$1,890,949
Equipment$467,846$490,785$958,631
Leasehold Improvements$4,679$165,557$170,236
Land$65,388-$65,388

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$5,186,696$0▲ $522,936$190,000$5,519,632
2023$4,571,118$0▲ $615,578$0$5,186,696
2022$5,465,050$0▼ $703,932$190,000$4,571,118
2021$5,066,777$0▲ $595,008$196,735$5,465,050
2020$4,636,648$0▲ $590,129$160,000$5,066,777
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jill Robie AxtellCEOFT$179,520$33,980$213,500

Board Members and Trustees

NameTitle
Steve AdamoPresident
Jeanne OgdenVice President
Robert TankardVice President
Anne DaveyDirector
Chris MillerDirector
Douglas BestDirector
Geohan CooganDirector
George DavisDirector
Grant JoinerDirector
Kelly O'MearaDirector
Kyle FioreDirector
Liz McCartneyDirector
Nell CoganDirector
Richard SmithDirector
Robert MoriartyDirector
Ryn GluckmanDirector
Steven ChaffeeDirector
Tim HanifinCFO
Jonathan HolterClerk

Highest Paid Contractors

ContractorServicesLocationCompensation
Fennick McCredie ArchitectureArchitectural Services70 Franklin Street, Boston, MA 02110$401,956
Solar InvictusSolar ElectricPO Box 2120, Vineyard Haven, MA 02568$218,423
Revenue and Support

Revenue Composition

Contributions and Grants
$3,202,824
Program Service Revenue
$3,809,910
Investment Income
$203,348
Other Revenue
$143,096
All Other Contributions
$3,021,535
Change in Net Assets
$1,145,208

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,359,178
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$390,126
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$7,749,304
Total Revenue per Form 990
$7,359,178
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,491,580
Other Expenses$2,623,791
Total Fundraising Expense$293,269
Grants and Similar Amounts Paid$98,599
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,050,725$484,823$77,270$2,612,818
Occupancy$868,430$87,857$0$956,287
Depreciation Depletion$0$728,614$0$728,614
Insurance$0$251,134$0$251,134
Payroll Taxes$187,305$51,110$10,780$249,195
Other Employee Benefits$171,678$54,886$22,555$249,119
Current Officers, Directors, Trustees, and Key Employees$0$106,750$106,750$213,500
Pension Plan Contributions$130,521$35,770$657$166,948
Grants to Domestic Individuals$98,599--$98,599
Information Technology$51,431$36,666$3,696$91,793
Payments to Affiliates$0$81,334$0$81,334
Office Expenses$1,437$48,005$30,589$80,031
Advertising$27,919$558$40,972$69,449
Travel$36,638$9,866$0$46,504
Interest$0$36,046$0$36,046
Conferences and Meetings$1,409$30,924$0$32,333
Other Expenses$0$31,601$0$31,601
Fees for Services Accounting$0$18,750$0$18,750
Total Functional Expenses$3,821,323$2,099,378$293,269$6,213,970

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,213,970
Total Expenses per Audited Statements$6,213,970
Total Expenses per Form 990$6,213,970
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1-$0-$0
Event 2-$0-$0
Total Events-$0--
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
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
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The form 990 is initially reviewed for accuracy by the organization's treasurer and then copies are distributed to the board of directors for review before filing

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

Employees must complete a conflict of interest questionnaire annually. The ymca's executive director monitors this compliance requirement on a regular basis.

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

The ymca uses y national, a group which provides services to and oversees the y's across the country to provide direction regarding executive compensation. The final decision is made by the personnel committee of the board of directors upon the advice of the y national

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

The ymca uses y national, a group which provides services to and oversees the y's across the country to provide direction regarding executive compensation. The final decision is made by the personnel committee of the board of directors upon the advice of the y national

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

Governing documents are currently available upon request and the ymca is working towards making these available on its website.

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

Other Program Revenue - Total Revenue: 920537, Related or Exempt Function Revenue: 920537, 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: ;

Form 990, Part VIII, Line 11D Other Miscellaneous Revenue

Sale of Equipment - Total Revenue: 3000, Related or Exempt Function Revenue: 3000, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 0;

Filing and Contact Details

Filer

Filer Name
YMCA of Martha's Vineyard Inc
EIN
04-3293959
Phone
5086967171
Address
111R Edgartown Road, Vineyard Haven, MA 02568

Signing Officer

Name
Tim Hanifin
Title
CFO
Phone
5086967171
Signed
2025-06-20

Organization Details

Formed
1996
Legal Domicile
Ma
Voting Board Members
18
Independent Board Members
18
Employees
158
Volunteers
24
Supplemental Narrative

Financial Statement Notes

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

The endowment earnings are used for the purpose of funding a capital replacement reserve using a formula that maintains the original donor values stepped up by the annual inflation rate.

Raw XML AppendixShowing 400 of 868 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0DEDICATION TO IMPROVING THE QUALITY OF LIFE FOR CHILDREN, INDIVIDUALS, FAMILIES AND THE MARTHA'S VINEYARD ISLAND COMMUNITY BY HELPING ALL PEOPLE REALIZE THEIR POTENTIAL THROUGH DEVELOPMENT OF BODY, MIND AND SPIRIT.
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