Civic Intelligence

Algona Family YMCA Foundation

EIN 20-8688113 • 501(c)3 • Algona, IA

Profile

Provide ongoing financial support to the algona family ymca, a qualified 501(c)(3) organization. Large contributions made to the supported organization have been given to the supporting organization to invest and manage as an endowment for the benefit of the ymca, providing funds to subsidize its programming for the benefit of the community.

2101 E McgregorAlgona, IA 50511

n/A

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

19th percentile

-14%

Higher net margin than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

60th percentile

$0

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

51st percentile

4.1%

Faster asset growth than 51% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

134%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,085,601

Up $122,135 (+4.1%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$3,085,601

Up $122,135 (+4.1%) from 2023

Revenue

Up

$181,762

Up $104,007 (+134%) from 2023

Expenses

Up

$206,985

Up $3,760 (+1.9%) from 2023

Net Income

Up

-$25,223

Up $100,247 (+80%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,452,999Liabilities 2011: $0Net Assets 2011: $2,452,9992011Assets 2012: $2,646,930Liabilities 2012: $0Net Assets 2012: $2,646,9302012Assets 2013: $2,973,255Liabilities 2013: $0Net Assets 2013: $2,973,2552013Assets 2014: $3,044,929Liabilities 2014: $0Net Assets 2014: $3,044,9292014Assets 2015: $2,959,696Liabilities 2015: $0Net Assets 2015: $2,959,6962015Assets 2016: $2,998,623Liabilities 2016: $0Net Assets 2016: $2,998,6232016Assets 2017: $3,292,028Liabilities 2017: $0Net Assets 2017: $3,292,0282017Assets 2018: $3,529,705Liabilities 2018: $0Net Assets 2018: $3,529,7052018Assets 2019: $3,245,122Liabilities 2019: $0Net Assets 2019: $3,245,1222019Assets 2020: $3,298,835Liabilities 2020: $0Net Assets 2020: $3,298,8352020Assets 2021: $3,404,158Liabilities 2021: $0Net Assets 2021: $3,404,1582021Assets 2022: $3,152,633Liabilities 2022: $0Net Assets 2022: $3,152,6332022Assets 2023: $2,963,466Liabilities 2023: $0Net Assets 2023: $2,963,4662023Assets 2024: $3,085,601Liabilities 2024: $0Net Assets 2024: $3,085,6012024

Highlighted filing

2024

Assets$3,085,601
Liabilities$0
Net Assets$3,085,601

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $77,170Expenses 2011: $145,811Net Income 2011: -$68,6412011Revenue 2012: $157,102Expenses 2012: $126,713Net Income 2012: $30,3892012Revenue 2013: $291,864Expenses 2013: $159,832Net Income 2013: $132,0322013Revenue 2014: $243,501Expenses 2014: $171,827Net Income 2014: $71,6742014Revenue 2015: $209,262Expenses 2015: $187,127Net Income 2015: $22,1352015Revenue 2016: $174,267Expenses 2016: $182,908Net Income 2016: -$8,6412016Revenue 2017: $219,900Expenses 2017: $197,905Net Income 2017: $21,9952017Revenue 2018: $366,864Expenses 2018: $204,335Net Income 2018: $162,5292018Revenue 2019: $177,168Expenses 2019: $206,511Net Income 2019: -$29,3432019Revenue 2020: $151,608Expenses 2020: $226,630Net Income 2020: -$75,0222020Revenue 2021: $340,178Expenses 2021: $220,650Net Income 2021: $119,5282021Revenue 2022: $473,721Expenses 2022: $220,768Net Income 2022: $252,9532022Revenue 2023: $77,755Expenses 2023: $203,225Net Income 2023: -$125,4702023Revenue 2024: $181,762Expenses 2024: $206,985Net Income 2024: -$25,2232024

Highlighted filing

2024

Revenue$181,762
Expenses$206,985
Net Income-$25,223

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.09$0.00$3.09$0.18$0.21$0.03
2023Detailed filing. Detailed filing data is available for this year.$2.96$0.00$2.96$0.08$0.20$0.13
2022Detailed filing. Detailed filing data is available for this year.$3.15$0.00$3.15$0.47$0.22$0.25
2021Detailed filing. Detailed filing data is available for this year.$3.40$0.00$3.40$0.34$0.22$0.12
2020Detailed filing. Detailed filing data is available for this year.$3.30$0.00$3.30$0.15$0.23$0.08
2019Summary only. Only limited summary data is available for this year.$3.25$0.00$3.25$0.18$0.21$0.03
2018Summary only. Only limited summary data is available for this year.$3.53$0.00$3.53$0.37$0.20$0.16
2017Summary only. Only limited summary data is available for this year.$3.29$0.00$3.29$0.22$0.20$0.02
2016Summary only. Only limited summary data is available for this year.$3.00$0.00$3.00$0.17$0.18$0.01
2015Summary only. Only limited summary data is available for this year.$2.96$0.00$2.96$0.21$0.19$0.02
2014Summary only. Only limited summary data is available for this year.$3.04$0.00$3.04$0.24$0.17$0.07
2013Summary only. Only limited summary data is available for this year.$2.97$0.00$2.97$0.29$0.16$0.13
2012Summary only. Only limited summary data is available for this year.$2.65$0.00$2.65$0.16$0.13$0.03
2011Summary only. Only limited summary data is available for this year.$2.45$0.00$2.45$0.08$0.15$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$384,560
Mission and Program Overview

Mission

Provide ongoing financial support to the algona family ymca, a qualified 501(c)(3) organization. Large contributions made to the supported organization have been given to the supporting organization to invest and manage as an endowment for the benefit of the ymca, providing funds to subsidize its programming for the benefit of the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$2,963,466$3,085,601▲ $122,135
Investments in Publicly Traded Securities$2,678,863$2,847,428▲ $168,565
Savings and Temporary Cash Investments$281,825$227,123▼ $54,702
Cash and Non-Interest-Bearing Accounts$2,777$11,050▲ $8,273
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,963,466$3,085,601▲ $122,135
Other Assets Total$1$0▼ $1
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,963,466$3,085,601▲ $122,135
Total Liabilities and Net Assets / Fund Balance$2,963,466$3,085,601▲ $122,135
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paul R DosterPresident
Mary V NoonanVice President
John BilstenDirector
Kirk M HayesDirector
Kristie BrownSec. & Treas.
Revenue and Support

Revenue Composition

Contributions and Grants
$10,616
Program Service Revenue
$0
Investment Income
$171,146
Other Revenue
$0
All Other Contributions
$10,616
Change in Net Assets
$-25,223
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$189,600
Other Expenses$17,385
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$189,600--$189,600
Fees for Service Investment Mgmnt Fees-$15,010-$15,010
Fees for Services Legal$750$750-$1,500
Fees for Services Management$250$250-$500
Advertising$375--$375
Total Functional Expenses$190,975$16,010$0$206,985
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Algona Family YmcaAlgona, IA-Subsidize Ongoing Operating and Fundraising Expenses.$189,600
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
No
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, Section B, Line 11B

Preparer consulted with secretary-treasurer pertaining to issues presented in the preparation process. Upon completion of the return, the 990 and attachments were reviewed in detail with the secretary-treasurer. Other directors were given the opportunity to participate in the review and have full access to copies of the return.

Form 990, Part VI, Section B, Line 12C

All personnel are required to annually disclose any conflicts of interest and are required to disclose any conflicts which arise in the interim. No person is allowed to participate in the consideration or voting upon any issue in which he or she has an arguable conflict of interest. Any questions pertaining to a conflict of interest may be referred to either the supported organization or independent counsel. Violation of this policy would lead to removal from office and the voiding of any action taken as the result of the violation.

Form 990, Part VI, Section C, Line 19

All documents and materials are available for copying and review upon request. All governing documents are reviewed and approved in advance by the supported organization. Financial information is regualrly reviewed with the supported organization. The executiive director of the supported organization is an ex officio member of this board and serves as a conduit for information from this organization to the Algona Family YMCA board.

Filing and Contact Details

Filer

Filer Name
Algona Family Ymca Foundation
EIN
20-8688113
Address
2101 E MCGREGOR, ALGONA, IA 50511

Signing Officer

Name
Kristie Brown
Title
Sec. & Treas.
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Formed
2007
Legal Domicile
Ia
Voting Board Members
5
Independent Board Members
0
Employees
0

Preparer

Firm
Buchanan Bibler Gabor Meis
Address
111 North Dodge St, Algona, IA 50511
Preparer
Todd R Buchanan
Phone
5152953565
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ALGONA FAMILY YMCA ABBREVIATED
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0189600
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUBSIDIZE ONGOING OPERATING AND FUNDRAISING EXPENSES.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ALGONA FAMILY YMCA
IRS990ScheduleI/RecipientTable/RecipientEIN0421225829
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02101 EAST MCGREGOR ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ALGONA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd050511
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0USE OF GRANTS TO THE ALGONA FAMILY YMCA ARE MONITORED THROUGH SOME CROSS-MEMBERSHIP BETWEEN THE BOARDS OF THE TWO ORGANIZATIONS. THE ALGONA FAMILY YMCA BOARD REQUESTS GRANTS TO SUPPLEMENT ITS OPERATING EXPENSES. THROUGH THE CHAIRMAN OF THE BOARD AND THE EXECUTIVE DIRECTOR, USE OF THE FUNDS ARE MONITORED AND REPORTED TO THE FOUNDATION'S BOARD.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PREPARER CONSULTED WITH SECRETARY-TREASURER PERTAINING TO ISSUES PRESENTED IN THE PREPARATION PROCESS. UPON COMPLETION OF THE RETURN, THE 990 AND ATTACHMENTS WERE REVIEWED IN DETAIL WITH THE SECRETARY-TREASURER. OTHER DIRECTORS WERE GIVEN THE OPPORTUNITY TO PARTICIPATE IN THE REVIEW AND HAVE FULL ACCESS TO COPIES OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All personnel are required to annually disclose any conflicts of interest and are required to disclose any conflicts which arise in the interim. No person is allowed to participate in the consideration or voting upon any issue in which he or she has an arguable conflict of interest. Any questions pertaining to a conflict of interest may be referred to either the supported organization or independent counsel. Violation of this policy would lead to removal from office and the voiding of any action taken as the result of the violation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All documents and materials are available for copying and review upon request. All governing documents are reviewed and approved in advance by the supported organization. Financial information is regualrly reviewed with the supported organization. The executiive director of the supported organization is an ex officio member of this board and serves as a conduit for information from this organization to the Algona Family YMCA board.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ALGONA FAMILY YMCA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0421225829
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE FACILITIES AND PROGRAMMING FOR PHYSICAL ACTIVITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt011(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02101 EAST MCGREGOR STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ALGONA
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02963466
IRS990/TotalAssetsEOYAmt03085601
IRS990/TotalAssetsGrp/BOYAmt02963466
IRS990/TotalAssetsGrp/EOYAmt03085601
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt010616
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016010
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0190975
IRS990/TotalFunctionalExpensesGrp/TotalAmt0206985
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03085601
IRS990/TotalProgramServiceExpensesAmt0190975
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0162839
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt08307
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0181762
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02963466
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03085601
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02101 E MCGREGOR
IRS990/USAddress/CityNm0ALGONA
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050511
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KRISTIE BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Sec. & Treas.
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALGONA FAMILY YMCA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ALGO
ReturnHeader/Filer/EIN0208688113
ReturnHeader/Filer/USAddress/AddressLine1Txt02101 E MCGREGOR
ReturnHeader/Filer/USAddress/CityNm0ALGONA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050511
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420940126
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Buchanan Bibler Gabor Meis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 North Dodge St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Algona
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050511
ReturnHeader/PreparerPersonGrp/PhoneNum05152953565
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Todd R Buchanan
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-15T08:33:58-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31

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