Civic Intelligence

YMCA of Plainfield

990 • Fiscal year 2016 • EIN 22-1515227

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 31, 2017

518 Watchung AvenuePlainfield, NJ 07060

(908) 756-6060

Siviq Scores

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

Liabilities / Assets

94th percentile

1.24x

Higher debt load relative to assets than 94% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

80th percentile

0.62x

Higher debt load relative to revenue than 80% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

17th percentile

-17%

Higher net margin than 17% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

9th percentile

-15%

Faster asset growth than 9% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

23rd percentile

-11%

Faster revenue growth than 23% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$937,495

Down $163,731 (-15%) from 2015

Net Assets

Down

-$223,862

Down $313,687 (-349%) from 2015

Liabilities

Up

$1,161,357

Up $149,956 (+15%) from 2015

Revenue

Down

$1,860,894

Down $232,689 (-11%) from 2015

Expenses

Down

$2,174,581

Down $131,651 (-5.7%) from 2015

Net Income

Down

-$313,687

Down $101,038 (-48%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2011: $1,621,368Liabilities 2011: $904,732Net Assets 2011: $716,6362011Assets 2012: $1,467,711Liabilities 2012: $891,370Net Assets 2012: $576,3412012Assets 2013: $1,401,597Liabilities 2013: $945,469Net Assets 2013: $456,1282013Assets 2014: $1,245,919Liabilities 2014: $943,445Net Assets 2014: $302,4742014Assets 2015: $1,101,226Liabilities 2015: $1,011,401Net Assets 2015: $89,8252015Assets 2016: $937,495Liabilities 2016: $1,161,357Net Assets 2016: -$223,8622016Assets 2017: $886,054Liabilities 2017: $1,279,593Net Assets 2017: -$393,5392017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2016

Assets$937,495
Liabilities$1,161,357
Net Assets-$223,862

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $2,390,8802011Expenses 2012: $2,298,6632012Revenue 2013: $2,242,332Expenses 2013: $2,362,545Net Income 2013: -$120,2132013Revenue 2014: $2,230,375Expenses 2014: $2,384,029Net Income 2014: -$153,6542014Revenue 2015: $2,093,583Expenses 2015: $2,306,232Net Income 2015: -$212,6492015Revenue 2016: $1,860,894Expenses 2016: $2,174,581Net Income 2016: -$313,6872016Revenue 2017: $1,810,653Expenses 2017: $1,980,330Net Income 2017: -$169,6772017Revenue 2018: $1,607,717Expenses 2018: $1,214,178Net Income 2018: $393,5392018

Highlighted filing

2016

Revenue$1,860,894
Expenses$2,174,581
Net Income-$313,687
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 31, 2017
Return Version
2016v3.0
Gross Receipts
$1,860,894
Mission and Program Overview

Mission

THE PLAINFIELD AREA YMCA IS A CHARITABLE, NON-PROFIT 501(c)(3) SERVICE ORGANIZATION DEDICATED TO IMPROVING THE POTENTIAL OF EVERY MEMBER THROUGH PROGRAMS THAT BUILD SPIRIT, MIND AND BODY. THE PLAINFIED YMCA HAS DEDICATED ITSELF TO SERVING THE PRIORITY NEEDS OF THE COMMUNITY SINCE 1877. FROM THE BEGINNING, THE YMCA HAS OFFERED HOUSING, WELLNESS AND RECREATIONAL PROGRAMS. IN THE LAST 40 YEARS, THE YMCA HAS IMPLEMENTED COMPREHENSIVE FOSTER CARE, EMERGENCY SHELTER, AFTER SCHOOL, SUMMER CAMP AND EMPLOYMENT TRAINING PROGRAMS. THE PROGRAMS OF THE YMCA HAVE ALWAYS PROVIDED A SAFE, DEVELOPMENTAL ENVIRONMENT FOR CHILDREN, FAMILIES AND ADULTS.FOR 2018, ITS LAST YEAR OF OPERATIONS, THE PLAINFIED YMCA IDENTIFIED A LIST OF FIVE (5) ORGANIZATIONAL PRIORITIES: REDUCE CHILDHOOD OBESITY; COMBAT URBAN YOUTH DROWNING; HELP BRIDGE THE EDUCATIONAL GAP; ASSIST THE HOMELESS; PROMOTE COMMUNITY HEALTH AND WELLNESS.

THE PLAINFIELD AREA YMCA IS A CHARITABLE, NON-PROFIT 501(c)(3) SERVICE ORGANIZATION DEDICATED TO IMPROVING THE POTENTIAL OF EVERY MEMBER THROUGH PROGRAMS THAT BUILD SPIRIT, MIND AND BODY. THE PLAINFIED YMCA HAS DEDICATED ITSELF TO SERVING THE PRIORITY NEEDS OF THE COMMUNITY SINCE 1877. FROM THE BEGINNING, THE YMCA HAS OFFERED HOUSING, WELLNESS AND RECREATIONAL PROGRAMS. IN THE LAST 40 YEARS, THE YMCA HAS IMPLEMENTED COMPREHENSIVE FOSTER CARE, EMERGENCY SHELTER, AFTER SCHOOL, SUMMER CAMP AND EMPLOYMENT TRAINING PROGRAMS. THE PROGRAMS OF THE YMCA HAVE ALWAYS PROVIDED A SAFE, DEVELOPMENTAL ENVIRONMENT FOR CHILDREN, FAMILIES AND ADULTS.FOR 2017, THE PLAINFIED YMCA HAS IDENTIFIED A LIST OF FIVE (5) ORGANIZATIONAL PRIORITIES: REDUCE CHILDHOOD OBESITY; COMBAT URBAN YOUTH DROWNING; HELP BRIDGE THE EDUCATIONAL GAP; ASSIST THE HOMELESS; PROMOTE COMMUNITY HEALTH AND WELLNESS.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$949,491$821,357▼ $128,134
Accounts Receivable$93,720$54,308▼ $39,412
Prepaid Expenses and Deferred Charges$38,248$36,258▼ $1,990
Cash and Non-Interest-Bearing Accounts$12,616$19,741▲ $7,125
Savings and Temporary Cash Investments-$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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,101,226$937,495▼ $163,731
Other Assets Total$7,151$5,831▼ $1,320
Liabilities
Mortgage Notes Payable Secured by Investment Property$551,023$550,891▼ $132
Accounts Payable and Accrued Expenses$231,282$385,584▲ $154,302
Other Liabilities$229,096$224,882▼ $4,214
Total Liabilities$1,011,401$1,161,357▲ $149,956
Net Assets / Fund Balance
Permanently Rstr Net Assets$48,946$48,946→ $0
Temporarily Rstr Net Assets$3,540$3,540→ $0
Unrestricted Net Assets$37,339$-276,348▼ $313,687
Total Net Assets Fund Balance$89,825$-223,862▼ $313,687
Total Liabilities and Net Assets / Fund Balance$1,101,226$937,495▼ $163,731

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$657,814$2,699,188$3,357,002
Equipment$17,643$473,909$491,552
Land$145,900-$145,900
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,127,444
Program Service Revenue
$716,605
Investment Income
$50
Other Revenue
$16,795
All Other Contributions
$404,101
Change in Net Assets
$-313,687
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,341,870
Other Expenses$832,711
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$492,838$199,191-$692,029
Current Officers, Directors, Trustees, and Key Employees$458,411--$458,411
Occupancy$121,354$24,857-$146,211
Depreciation Depletion$121,727$7,727-$129,454
Payroll Taxes$84,652$17,338-$101,990
Other Employee Benefits$74,235$15,205-$89,440
Insurance$87,034--$87,034
All Other Expenses$58,298--$58,298
Office Expenses$48,981--$48,981
Other Expenses$44,392--$44,392
Interest$31,357--$31,357
Fees for Services Other$27,341--$27,341
Conferences and Meetings$20,237--$20,237
Advertising$2,505--$2,505
Total Functional Expenses$1,910,263$264,318$0$2,174,581
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
Isb Loc$100,442
Loan Payable$74,500
Current Maturity of Long-term Debt$49,940
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
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
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: Form 990 Review Process

Each member of the governing body was provided with a copy of the form 990 return for their review prior to signing and submitting the return.

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

The conflict of interest policy is communicated throughout the organization. Employees are aware of the policy and are aware of the procedures for reporting conflicts of interest

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The organization reviews and approves salaries for the executive director and other members of top management by reviewing the employee's background, experience, prior salary history, and salaries of comparable positions

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

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Ymca of Plainfield
EIN
22-1515227
Phone
9087566060
Address
518 WATCHUNG AVENUE, PLAINFIELD, NJ 07060

Signing Officer

Name
Ravenelle Williams Iv
Title
President & CEO
Signed
2017-10-31
Discuss with paid preparer
Yes

Organization Details

Formed
1872
Legal Domicile
Nj
Voting Board Members
14
Independent Board Members
14
Employees
79

Preparer

Firm
Barre & Company LLC
Address
2204 MORRIS AVE STE 206, UNION, NJ 07083-5914
Preparer
Richard Barre
Phone
9086863484
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IRS990/Desc0PROGRAM SERVICE SUMMARYAnnually, the Plainfield Area YMCA delivers services to local families that include:225 children participating in enriching afterschool child care daily;185 children participating in safe and enjoyable summer day camp;286 children from charter schools, day care centers and public schools learn aquatic safety and healthy living skills; 1,100 children and families, who, as members of the YMCA, participate in fitness, sports, aquatics and enrichment programs; 10,950 bed nights for homeless families and adults.20 young adults becoming independent and making a positive contributionto the community through 4 month employment training programPEOPLE SERVED AND PROGRAM COMPONENTSChildren and families in the Plainfield area need our services. Ninety-one percent of community residents are from minority backgrounds (50.2% African American and 40.4% Hispanic/ Latino), and 28.9% are foreign-born. Plainfield has a median income of $51,803, well under the state median of $71,180. 19.0% of the population lives below the poverty level, double the state rate of 9.4%. In 2014 Plainfields violent crime index was 553.4, compared to the US average of 213.6.
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
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IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
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IRS990/Form990PartVIISectionAGrp/TitleTxt14President & CEO
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IRS990/MissionDesc0THE PLAINFIELD AREA YMCA IS A CHARITABLE, NON-PROFIT 501(c)(3) SERVICE ORGANIZATION DEDICATED TO IMPROVING THE POTENTIAL OF EVERY MEMBER THROUGH PROGRAMS THAT BUILD SPIRIT, MIND AND BODY. THE PLAINFIED YMCA HAS DEDICATED ITSELF TO SERVING THE PRIORITY NEEDS OF THE COMMUNITY SINCE 1877. FROM THE BEGINNING, THE YMCA HAS OFFERED HOUSING, WELLNESS AND RECREATIONAL PROGRAMS. IN THE LAST 40 YEARS, THE YMCA HAS IMPLEMENTED COMPREHENSIVE FOSTER CARE, EMERGENCY SHELTER, AFTER SCHOOL, SUMMER CAMP AND EMPLOYMENT TRAINING PROGRAMS. THE PROGRAMS OF THE YMCA HAVE ALWAYS PROVIDED A SAFE, DEVELOPMENTAL ENVIRONMENT FOR CHILDREN, FAMILIES AND ADULTS.FOR 2017, THE PLAINFIED YMCA HAS IDENTIFIED A LIST OF FIVE (5) ORGANIZATIONAL PRIORITIES: REDUCE CHILDHOOD OBESITY; COMBAT URBAN YOUTH DROWNING; HELP BRIDGE THE EDUCATIONAL GAP; ASSIST THE HOMELESS; PROMOTE COMMUNITY HEALTH AND WELLNESS.
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