Civic Intelligence

Shorefront Ym-Ywha of Brighton- Manhattan Beach Inc.

990 • Fiscal year 2017 • EIN 11-3070228

Jul 01, 2016 to Jun 30, 2017 • Filed on Apr 05, 2018

3300 Coney Island AvenueBrooklyn, NY 11235

(718) 646-1444

Siviq Scores

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

Liabilities / Assets

60th percentile

0.42x

Higher debt load relative to assets than 60% of similar nonprofits.

2017 filings • NTEE P • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

48th percentile

0.17x

Higher debt load relative to revenue than 48% of similar nonprofits.

2017 filings • NTEE P • $5M-$10M nonprofits • Source year 2017

Net Margin

24th percentile

-3.5%

Higher net margin than 24% of similar nonprofits.

2017 filings • NTEE P • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

84th percentile

$238,491

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2017 filings • NTEE P • $5M-$10M nonprofits • Source year 2017

Asset Growth

16th percentile

-6.6%

Faster asset growth than 16% of similar nonprofits.

2017 filings • NTEE P • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

35th percentile

-0.3%

Faster revenue growth than 35% of similar nonprofits.

2017 filings • NTEE P • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Down

$3,139,800

Down $221,112 (-6.6%) from 2016

Net Assets

Down

$1,836,710

Down $201,013 (-9.9%) from 2016

Liabilities

Down

$1,303,090

Down $20,099 (-1.5%) from 2016

Revenue

Down

$7,855,346

Down $26,422 (-0.3%) from 2016

Expenses

Up

$8,130,813

Up $156,198 (+2.0%) from 2016

Net Income

Down

-$275,467

Down $182,620 (-197%) from 2016

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $2,656,648Liabilities 2011: $1,249,702Net Assets 2011: $1,406,9462011Assets 2012: $2,121,164Liabilities 2012: $1,222,885Net Assets 2012: $898,2792012Assets 2013: $2,520,795Liabilities 2013: $1,386,282Net Assets 2013: $1,134,5132013Assets 2014: $3,200,758Liabilities 2014: $1,193,346Net Assets 2014: $2,007,4122014Assets 2015: $3,497,808Liabilities 2015: $1,337,536Net Assets 2015: $2,160,2722015Assets 2016: $3,360,912Liabilities 2016: $1,323,189Net Assets 2016: $2,037,7232016Assets 2017: $3,139,800Liabilities 2017: $1,303,090Net Assets 2017: $1,836,7102017Assets 2018: $2,883,769Liabilities 2018: $1,235,855Net Assets 2018: $1,647,9142018Assets 2019: $2,861,290Liabilities 2019: $1,392,668Net Assets 2019: $1,468,6222019Assets 2020: $3,308,556Liabilities 2020: $1,939,211Net Assets 2020: $1,369,3452020Assets 2021: $4,367,447Liabilities 2021: $2,385,972Net Assets 2021: $1,981,4752021Assets 2022: $4,741,986Liabilities 2022: $1,691,148Net Assets 2022: $3,050,8382022Assets 2023: $12,691,204Liabilities 2023: $1,899,605Net Assets 2023: $10,791,5992023Assets 2024: $10,071,020Liabilities 2024: $1,670,589Net Assets 2024: $8,400,4312024

Highlighted filing

2017

Assets$3,139,800
Liabilities$1,303,090
Net Assets$1,836,710

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $6,742,405Expenses 2011: $6,891,374Net Income 2011: -$148,9692011Expenses 2012: $6,718,6152012Revenue 2013: $6,846,728Expenses 2013: $6,675,286Net Income 2013: $171,4422013Revenue 2014: $7,853,232Expenses 2014: $7,065,377Net Income 2014: $787,8552014Revenue 2015: $7,764,420Expenses 2015: $7,626,712Net Income 2015: $137,7082015Revenue 2016: $7,881,768Expenses 2016: $7,974,615Net Income 2016: -$92,8472016Revenue 2017: $7,855,346Expenses 2017: $8,130,813Net Income 2017: -$275,4672017Revenue 2018: $7,494,261Expenses 2018: $7,733,302Net Income 2018: -$239,0412018Revenue 2019: $7,428,826Expenses 2019: $7,625,615Net Income 2019: -$196,7892019Revenue 2020: $7,668,890Expenses 2020: $7,751,160Net Income 2020: -$82,2702020Revenue 2021: $7,268,069Expenses 2021: $6,770,171Net Income 2021: $497,8982021Revenue 2022: $9,860,843Expenses 2022: $8,747,585Net Income 2022: $1,113,2582022Revenue 2023: $11,144,641Expenses 2023: $9,938,984Net Income 2023: $1,205,6572023Revenue 2024: $12,494,740Expenses 2024: $11,729,910Net Income 2024: $764,8302024

Highlighted filing

2017

Revenue$7,855,346
Expenses$8,130,813
Net Income-$275,467
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Apr 5, 2018
Return Version
2016v3.0
Gross Receipts
$7,855,346
Mission and Program Overview

Mission

The shorefront ym-ywha of brighton-manhattan beach, inc. Builds community, strengthens families and empowers individuals to achieve their potentials and enhance their quality of life by providing a wide range of programs and services rooted in jewish traditions and values to meet the evolving needs and interests of the brooklyn community.

The Shorefront Y builds community, strengthens families and empowers individuals to achieve their potentials and enhance the quality of their lives. Our programs and services reflect the richness of the Shorefront Y's Jewish Community Center and Settlement House traditions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$992,279$999,710▲ $7,431
Pledges and Grants Receivable$958,919$803,564▼ $155,355
Investments Other Securities$627,545$701,999▲ $74,454
Cash and Non-Interest-Bearing Accounts$83,787$226,605▲ $142,818
Savings and Temporary Cash Investments$518,988$223,573▼ $295,415
Prepaid Expenses and Deferred Charges$179,394$184,349▲ $4,955
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,360,912$3,139,800▼ $221,112
Other Assets Total-$0-
Liabilities
Deferred Revenue$714,067$718,596▲ $4,529
Accounts Payable and Accrued Expenses$559,488$569,449▲ $9,961
Other Liabilities$49,634$15,045▼ $34,589
Total Liabilities$1,323,189$1,303,090▼ $20,099
Net Assets / Fund Balance
Unrestricted Net Assets$2,004,723$1,836,710▼ $168,013
Temporarily Rstr Net Assets$33,000--
Total Net Assets Fund Balance$2,037,723$1,836,710▼ $201,013
Total Liabilities and Net Assets / Fund Balance$3,360,912$3,139,800▼ $221,112

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$838,947$1,002,077$1,841,024
Equipment$160,763$451,408$612,171
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan FoxExecutive DirectorFT$217,401$21,090$238,491

Board Members and Trustees

NameTitle
Michael PapoPresident
Ella ZalkindVice President
Alina TokarDirector
Lori DenmanDirector
Marina KovalyovDirector
Maya Ferd GorokhovskiyDirector
Paul BraudeDirector
Jessica WilsonSecretary
Boris NelkinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,894,981
Program Service Revenue
$2,848,852
Investment Income
$1,189
Other Revenue
$110,324
All Other Contributions
$1,064,148
Change in Net Assets
$-275,467

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,855,346
Revenue Not Reported on Form 990
$2,244,454
Total Revenue per Audited Statements
$10,099,800
Total Revenue per Form 990
$7,855,346
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,098,902
Other Expenses$2,031,911
Total Fundraising Expense$15,614
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,216,406$607,521$12,932$4,836,859
Other Employee Benefits$410,364$102,804-$513,168
Office Expenses$457,101$49,945-$507,046
Payroll Taxes$309,768$59,599$2,682$372,049
Fees for Services Other$233,783$59,606-$293,389
Current Officers, Directors, Trustees, and Key Employees$118,179$113,544-$231,723
Travel$140,259$15,323-$155,582
Pension Plan Contributions$85,463$59,640-$145,103
Other Expenses$128,687$6,772-$135,459
All Other Expenses$75,872$56,805-$132,677
Depreciation Depletion$97,941$25,492-$123,433
Insurance$69,676$12,403-$82,079
Advertising$51,229$10,469-$61,698
Occupancy$51,619$1,499-$53,118
Fees for Services Legal-$10,681-$10,681
Total Functional Expenses$6,789,454$1,325,745$15,614$8,130,813

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$10,300,813
Expenses per Audited Statements$8,130,813
Total Expenses per Form 990$8,130,813
Expenses Not Reported on Form 990$2,170,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease payable$15,045
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 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, Part VI, Line 11B: Form 990 Review Process

Management reviewed a draft of the form 990 with the audit/finance committee and provided edits to the tax preparer. After this process was performed, the form 990 was sent to the full board of directors prior to being filed with the IRS.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The organization has a "board approved" conflicts of interest policy. Each board member must fill out an annual declaration stating they had no conflicts or identifying the nature of their interested party transactions.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Each year, the executive committee reviews comparable salaries based on a recognized study and reviews the performance of the executive director to determine if the existing salary falls within these ranges. After a deliberation of this matter, a new proposed salary and benefit package is voted on.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Available upon request.

Filing and Contact Details

Filer

Filer Name
Shorefront YM-YWHA of Brighton-
EIN
11-3070228
Phone
7186461444
Address
3300 Coney Island Avenue, Brooklyn, NY 11235

Signing Officer

Name
Susan Fox
Title
Executive Direc
Signed
2018-04-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Fox
Formed
1992
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
334
Volunteers
145

Preparer

Firm
Schall & Ashenfarb Cpas
Address
307 5th Ave 15th Floor, NEW YORK, NY 10016-6517
Preparer
Michael Schall
Phone
2122682800
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Early Childhood Program - The Y runs an Infant Toddler Day Care, Universal Pre Kindergarten Preschool Program, Nursery Program and Kinder Camp for about 80 children, ages 6 months to 5.5 years, year-round. The program offers early drop off and extended care options to accommodate working parents and have at least one Russian speaking teacher in each class to best suit our community demographic. The Shorefront Y is fully licensed to provide these services by the NYCDHMH during the school year and the summer. OTHER PROGRAM SERVICES 5: Health & Physical Education - The Shorefront Y Lenny Krayzelburg Swim Academy provides an innovative and effective method of individual and small group swim instruction for toddlers, school age children and teens which helps them learn to swim well and to be water safe. Once they complete our curriculum, they transition into our four tiered Swim Team Program which helps develop their skills into a source of lifelong fitness. We serve approximately 600 children in LKSA and 90 on the Swim Team at this time. In addition, the Y offers athletic programs to its members. The facilities include a pool, sauna, fitness center and fee for service sports classes. OTHER PROGRAM SERVICES 6: Youth - On-site programming includes an After School Program, Sunday Arts and Enrichment Classes, sports classes and swim instruction for elementary aged children. We also operate a large publicly funded (no cost to families) After School Program (with a summer component) at a local elementary school (PS 225). Our Teen Department provides wholesome recreational, social and leadership opportunities for neighborhood youth outside of school through supervised social and informal gatherings, trips, volunteer experiences and employment opportunities. OTHER PROGRAM SERVICES 7: Summer Camp - Summer Camps at the Shorefront Y serve over 300 children each year with great, enriching activities, trips around New York and surrounding areas, sports and swimming instruction as well as daily play at the beach. The reputation of camps has grown over the years and "Y" continues to increase enrollment each summer. OTHER PROGRAM SERVICES 8: Cultural Arts - Provides cultural and educational experiences for children and adults through lectures, workshops, concerts, etc. OTHER PROGRAM SERVICES 9: Special Needs/ Autism -Discretionary funds for Special Needs programProgram Name: Introduction to Self-Advocacy through Arts by ActionPlayThe 6 self-advocacy workshops provided the group of 15 participants with Autism Spectrum Disorder and other Developmental Disabilities with the knowledge and skills they need to successfully advocate for their rights. The approaches that were used at the workshops involve acting, improvisation and dramatization. Brooklyn Autism Spectrum Disorders InitiativesProgram name: BASDI (programming consists of two components):a)SundayFundayWe offered a respite program for parents of children with ASD called Sunday Funday. Our achievement was an increased social skill development in our BASDI clients. All of our clients made significant progress, as determined by our yearly evaluations, as well as parental and staff observation. We served 75 south Brooklyn low- income families of array of cultural and ethnic backgrounds, the majority were Russian speaking. Most of the programs participants are diagnosed with a severe to moderate autism spectrum disorder.b)CLASSP (Consortia For Learning and Service to Special Populations)The CLASSP program is a separate component that provided 5 High School students and 5 College students with additional training on working with special needs children and youth, develops job skills, training and increase awareness in job opportunities available when choosing a career path. These teens and young adults learned approaches, behavior management techniques when working with children, and gained hands-on experience working with children with Autism and special needs at SFY speci

Financial Statement Notes

Part X : FIN48 Footnote

The "Y" does not believe its financial statements include any material, uncertain tax positions. Tax filings for periods ending June 30, 2014 and later are subject to examination by applicable taxing authorities.

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IRS990/MissionDesc0The Shorefront Y builds community, strengthens families and empowers individuals to achieve their potentials and enhance the quality of their lives. Our programs and services reflect the richness of the Shorefront Y's Jewish Community Center and Settlement House traditions. Deeply rooted in Jewish traditions and values and committed to fostering Jewish continuity and civic engagement, we reach out to and serve people of all backgrounds and abilities throughout their life spans. We provide a wide range of exemplary educational, recreational, preventive and rehabilitative health, vocational, cultural, citizenship, Jewish identity-building, and human service programs to meet the evolving strengths, needs and interests of the rich mosaic of people in southern Brooklyn. The Shorefront Y maximizes the impact of its resources and expertise by forming partnerships and alliances with other organizations, government agencies and philanthropic institutions that share our commitments and values.
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IRS990/PrincipalOfficerNm0Susan Fox
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IRS990/ProgSrvcAccomActy2Grp/Desc0Early Childhood Program - The Y runs an Infant Toddler Day Care, Universal Pre Kindergarten Preschool Program, Nursery Program and Kinder Camp for about 80 children, ages 6 months to 5.5 years, year-round. The program offers early drop off and extended care options to accommodate working parents and have at least one Russian speaking teacher in each class to best suit our community demographic. The Shorefront Y is fully licensed to provide these services by the NYCDHMH during the school year and the summer.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Health & Physical Education - The Shorefront Y Lenny Krayzelburg Swim Academy provides an innovative and effective method of individual and small group swim instruction for toddlers, school age children and teens which helps them learn to swim well and to be water safe. Once they complete our curriculum, they transition into our four tiered Swim Team Program which helps develop their skills into a source of lifelong fitness. We serve approximately 600 children in LKSA and 90 on the Swim Team at this time. In addition, the Y offers athletic programs to its members. The facilities include a pool, sauna, fitness center and fee for service sports classes.
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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.$10.1$1.67$8.40$12.5$11.7$0.76
2023Detailed filing. Detailed filing data is available for this year.$12.7$1.90$10.8$11.1$9.94$1.21
2022Detailed filing. Detailed filing data is available for this year.$4.74$1.69$3.05$9.86$8.75$1.11
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.37$2.39$1.98$7.27$6.77$0.50
2020Detailed filing. Detailed filing data is available for this year.$3.31$1.94$1.37$7.67$7.75$0.08
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.86$1.39$1.47$7.43$7.63$0.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.88$1.24$1.65$7.49$7.73$0.24
2017Detailed filing. Detailed filing data is available for this year.$3.14$1.30$1.84$7.86$8.13$0.28
2016Detailed filing. Detailed filing data is available for this year.$3.36$1.32$2.04$7.88$7.97$0.09
2015Detailed filing. Detailed filing data is available for this year.$3.50$1.34$2.16$7.76$7.63$0.14
2014Detailed filing. Detailed filing data is available for this year.$3.20$1.19$2.01$7.85$7.07$0.79
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$1.39$1.13$6.85$6.68$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.12$1.22$0.90$6.72
2011Summary only. Only limited summary data is available for this year.$2.66$1.25$1.41$6.74$6.89$0.15