Civic Intelligence

Ocean County YMCA Inc.

990 • Fiscal year 2015 • EIN 22-1901046

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 15, 2016

1088 West Whitty RoadToms River, NJ 08755

(732) 341-9622

Siviq Scores

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

Liabilities / Assets

95th percentile

1.35x

Higher debt load relative to assets than 95% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

83rd percentile

0.89x

Higher debt load relative to revenue than 83% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

49th percentile

2.3%

Higher net margin than 49% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

48th percentile

$60,000

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

17th percentile

-7.0%

Faster asset growth than 17% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

32nd percentile

-3.3%

Faster revenue growth than 32% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$3,223,873

Down $244,017 (-7.0%) from 2014

Net Assets

Up

-$1,133,754

Up $111,820 (+9.0%) from 2014

Liabilities

Down

$4,357,627

Down $355,837 (-7.5%) from 2014

Revenue

Down

$4,873,341

Down $167,028 (-3.3%) from 2014

Expenses

Down

$4,761,521

Down $398,508 (-7.7%) from 2014

Net Income

Up

$111,820

Up $231,480 (+193%) from 2014

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $4,924,880Liabilities 2010: $4,811,021Net Assets 2010: $113,8592010Assets 2011: $4,390,165Liabilities 2011: $4,997,749Net Assets 2011: -$607,5842011Assets 2012: $4,010,153Liabilities 2012: $4,964,741Net Assets 2012: -$954,5882012Assets 2013: $3,778,241Liabilities 2013: $4,904,155Net Assets 2013: -$1,125,9142013Assets 2014: $3,467,890Liabilities 2014: $4,713,464Net Assets 2014: -$1,245,5742014Assets 2015: $3,223,873Liabilities 2015: $4,357,627Net Assets 2015: -$1,133,7542015Assets 2016: $3,375,216Liabilities 2016: $4,128,450Net Assets 2016: -$753,2342016Assets 2017: $3,380,907Liabilities 2017: $3,946,324Net Assets 2017: -$565,4172017Assets 2018: $3,351,983Liabilities 2018: $3,907,794Net Assets 2018: -$555,8112018Assets 2019: $3,324,648Liabilities 2019: $3,804,575Net Assets 2019: -$479,9272019Assets 2020: $2,972,915Liabilities 2020: $4,186,116Net Assets 2020: -$1,213,2012020Assets 2021: $3,756,100Liabilities 2021: $3,969,399Net Assets 2021: -$213,2992021Assets 2022: $4,387,631Liabilities 2022: $4,693,625Net Assets 2022: -$305,9942022Assets 2023: $3,208,650Liabilities 2023: $4,078,597Net Assets 2023: -$869,9472023Assets 2024: $2,497,044Liabilities 2024: $3,908,281Net Assets 2024: -$1,411,2372024

Highlighted filing

2015

Assets$3,223,873
Liabilities$4,357,627
Net Assets-$1,133,754

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $4,897,7912010Expenses 2011: $4,937,4932011Expenses 2012: $4,608,7162012Revenue 2013: $4,711,495Expenses 2013: $4,882,821Net Income 2013: -$171,3262013Revenue 2014: $5,040,369Expenses 2014: $5,160,029Net Income 2014: -$119,6602014Revenue 2015: $4,873,341Expenses 2015: $4,761,521Net Income 2015: $111,8202015Revenue 2016: $5,084,559Expenses 2016: $4,704,039Net Income 2016: $380,5202016Revenue 2017: $4,934,864Expenses 2017: $4,747,047Net Income 2017: $187,8172017Revenue 2018: $4,759,568Expenses 2018: $4,749,962Net Income 2018: $9,6062018Revenue 2019: $5,061,057Expenses 2019: $4,985,173Net Income 2019: $75,8842019Revenue 2020: $2,801,469Expenses 2020: $3,534,743Net Income 2020: -$733,2742020Revenue 2021: $4,461,529Expenses 2021: $3,461,627Net Income 2021: $999,9022021Revenue 2022: $4,511,808Expenses 2022: $4,604,503Net Income 2022: -$92,6952022Revenue 2023: $4,941,301Expenses 2023: $5,505,254Net Income 2023: -$563,9532023Revenue 2024: $4,487,567Expenses 2024: $5,028,857Net Income 2024: -$541,2902024

Highlighted filing

2015

Revenue$4,873,341
Expenses$4,761,521
Net Income$111,820
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 15, 2016
Return Version
2015v2.0
Gross Receipts
$4,939,999
Mission and Program Overview

Mission

The Ocean County YMCA is a vibrant and growing movement of 10,780 members united by our promise to strengthen the foundations of community through a shared commitment to nurturing the potential of children, promoting healthy living and fostering a sense of social responsibility. The YMCA is the largest provider of child care and aquatics programs in Ocean County and a community hub for health and wellness for children, seniors and families.Our Mission is to put Judeo Christian principles into practice through programs that build healthy spirit, mind and body for all. We are a non-profit 501 (c) 3 community organization founded on November 6th 1970.

The Ocean County YMCAs mission statement is to put Judeo Christian principles into practice through programs that build spirit, mind and body for all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,200,581$2,942,173▼ $258,408
Savings and Temporary Cash Investments$236,172$249,481▲ $13,309
Prepaid Expenses and Deferred Charges$14,701$17,631▲ $2,930
Accounts Receivable$7,465$8,034▲ $569
Intangible Assets$8,971$6,554▼ $2,417
Cash and Non-Interest-Bearing Accounts-$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-
Inventories for Sale or Use-$0-
Total Assets$3,467,890$3,223,873▼ $244,017
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,126,508$3,950,463▼ $176,045
Accounts Payable and Accrued Expenses$461,320$295,212▼ $166,108
Deferred Revenue$112,792$93,906▼ $18,886
Other Liabilities$12,844$18,046▲ $5,202
Total Liabilities$4,713,464$4,357,627▼ $355,837
Net Assets / Fund Balance
Temporarily Rstr Net Assets$10,000$10,000→ $0
Unrestricted Net Assets$-1,255,574$-1,143,754▲ $111,820
Total Net Assets Fund Balance$-1,245,574$-1,133,754▲ $111,820
Total Liabilities and Net Assets / Fund Balance$3,467,890$3,223,873▼ $244,017

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,817,164-$6,817,164
Other Land Buildings$-4,320,620$5,988,652$1,668,032
Leasehold Improvements$390,629-$390,629
Land$55,000-$55,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Peter T RosarioCEOFT$60,000$60,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$632,336
Program Service Revenue
$4,074,903
Investment Income
$212
Other Revenue
$165,890
All Other Contributions
$84,431
Change in Net Assets
$111,820

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,873,341
Revenue Not Reported on Form 990
$66,658
Total Revenue per Audited Statements
$4,939,999
Total Revenue per Form 990
$4,873,341
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,652,763
Other Expenses$1,893,438
Grants and Similar Amounts Paid$215,320
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,143,389$116,985-$2,260,374
Depreciation Depletion$346,255--$346,255
All Other Expenses$302,508$25,245-$327,753
Grants to Domestic Individuals$215,320--$215,320
Payroll Taxes$181,428$32,255-$213,683
Interest-$146,788-$146,788
Office Expenses$110,748$5,323-$116,071
Insurance$99,435$10,497-$109,932
Other Expenses$75,197$9,240-$84,437
Travel$65,102$1,941-$67,043
Current Officers, Directors, Trustees, and Key Employees$30,000$30,000-$60,000
Other Employee Benefits$25,820$34,170-$59,990
Pension Plan Contributions$40,776$17,940-$58,716
Fees for Services Accounting$10,725$275-$11,000
Fees for Services Other$4,066$280-$4,346
Total Functional Expenses$4,263,737$497,784$0$4,761,521

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,828,179
Expenses per Audited Statements$4,761,521
Total Expenses per Form 990$4,761,521
Expenses Not Reported on Form 990$66,658
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$191,052
Fundraising Direct Expenses$66,658
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$75,173$75,173$9,786$65,387
Wine Tasting$58,779$58,779$3,802$54,977
Total Events$191,052$191,052$66,658$124,394
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
Compensated absences payable$18,046
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
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

The audit committee reviews and approves the 990 before it is filed. A copy is also distributed to each board member.

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

Conflict of interest forms are completed annually

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

Human resource committee researches compensation annually and reports to the board.

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

All requests are directed to the President/CEO

Filing and Contact Details

Filer

Filer Name
Ocean County YMCA Inc
EIN
22-1901046
Phone
7323419622
Address
1088 West Whitty Road, Toms River, NJ 08755

Signing Officer

Name
Peter T Rosario
Title
President/CEO
Signed
2016-08-15
Discuss with paid preparer
Yes

Organization Details

Formed
1970
Legal Domicile
Nj
Voting Board Members
24
Independent Board Members
24
Employees
394
Volunteers
254

Preparer

Firm
Jump Perry and Company LLP
Address
12 Lexington Avenue, Toms River, NJ 08753-7545
Preparer
Kathryn Perry CPA
Phone
7322407377
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1 Program Service Accomplishments

We are dedicated to ensuring that everyone, regardless of age, income, or background has the opportunity to learn, grow and thrive. Our programs, services and initiatives focus on youth development, healthy living and social responsibility. Our ymca is founded and led by volunteers from our community. Volunteers also work side by side with us as mentors, coaches, program leaders, fundraisers and in other ways to help strengthen our community.

Form 990, Part III, Line 4A Program Service Accomplishments

Youth DevelopmentOur YMCA is committed to nurturing the potential of every child and teen. We believe that all kids 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 educational achievement. Our YMCA programs such as; Ykids Before/After School Care, Child Watch, Mulberry Bush Preschool, Summer Day Camp, Tiger Sharks Swim Team, Swim Lessons, Fitness/Exercise, Karate, Gymnastics, Arts/Enrichment and Teen Dance offer a range of experiences that enrich cognitive, social, physical and emotional growth. In 2015, we provided Youth Development programs to over 5,200 children ages 6 months through 17 years of age.

Form 990, Part III, Line 4B Program Service Accomplishments

Healthy LivingThe Y is a leading voice on health and well-being. We bring families closer together, encourage good health and foster connections through fitness, fun and shared interests. As a result, over 5,900 people in our community are receiving the support, guidance and resources they need to achieve greater health in spirit, mind and body. This is particularly important as our nation struggles with an obesity crisis, families struggle with work/life balance and individuals search for personal fulfillment. Our programs include; Family Fitness, Group Exercise, Personal Fitness, Adult Swim lessons, Aqua Fitness, Adapted programs for people with disabilities and CPR/First Aid/Lifeguard Training.

Form 990, Part III, Line 4C Program Service Accomplishments

Social ResponsibilityOur YMCA believes in giving back and supporting our neighbors. We have been listening and responding to our community's most critical social needs for more than 45 years. The Ocean County YMCA has several Social Responsibility programs. Our 7th grade membership provides a free membership to every 7th grader in Ocean County. In 2015 we were able to serve 172 7th graders. Our Ycares program provides financial assistance to those who may not otherwise have been able to afford to participate in the YMCA programs/services. These two programs are examples of how we deliver training, resources and support that empower our neighbors to affect change, bridge gaps and overcome obstacles. In 2015, we engaged about 1,400 YMCA members, participants and volunteers in activities that strengthen our community and pave the way for future generations to thrive.In 2015 we provided over $38,000 in financial assistance to people who otherwise may not have been able to afford to participate. This is a very important Social Responsibility part as stated below.Expenses include subsidies and direct financial assistance in the amount of over $177,000 that made it possible for us to engage young people that would not otherwise have had the opportunity to participate.The YMCA partners with 14 community partners to provide free memberships to 775 children and adults who are mentally/physically disabled at-risk, or have additional special needs.

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code, except on net income derived from unrelated business activities. The Organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The Organization has no open years prior to December 31, 2012.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Special event expenses netted on 990 $66658

Part XII, Line 2D: Other expenses and losses per audited F/S

Special event expenses netted on 990 $66658

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IRS990/MissionDesc0The Ocean County YMCA is a vibrant and growing movement of 10,780 members united by our promise to strengthen the foundations of community through a shared commitment to nurturing the potential of children, promoting healthy living and fostering a sense of social responsibility. The YMCA is the largest provider of child care and aquatics programs in Ocean County and a community hub for health and wellness for children, seniors and families.Our Mission is to put Judeo Christian principles into practice through programs that build healthy spirit, mind and body for all. We are a non-profit 501 (c) 3 community organization founded on November 6th 1970.
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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.$2.50$3.91$1.41$4.49$5.03$0.54
2023Detailed filing. Detailed filing data is available for this year.$3.21$4.08$0.87$4.94$5.51$0.56
2022Detailed filing. Detailed filing data is available for this year.$4.39$4.69$0.31$4.51$4.60$0.09
2021Detailed filing. Detailed filing data is available for this year.$3.76$3.97$0.21$4.46$3.46$1.00
2020Detailed filing. Detailed filing data is available for this year.$2.97$4.19$1.21$2.80$3.53$0.73
2019Detailed filing. Detailed filing data is available for this year.$3.32$3.80$0.48$5.06$4.99$0.08
2018Detailed filing. Detailed filing data is available for this year.$3.35$3.91$0.56$4.76$4.75$0.01
2017Detailed filing. Detailed filing data is available for this year.$3.38$3.95$0.57$4.93$4.75$0.19
2016Detailed filing. Detailed filing data is available for this year.$3.38$4.13$0.75$5.08$4.70$0.38
2015Detailed filing. Detailed filing data is available for this year.$3.22$4.36$1.13$4.87$4.76$0.11
2014Detailed filing. Detailed filing data is available for this year.$3.47$4.71$1.25$5.04$5.16$0.12
2013Detailed filing. Detailed filing data is available for this year.$3.78$4.90$1.13$4.71$4.88$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.01$4.96$0.95$4.61
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.39$5.00$0.61$4.94
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.92$4.81$0.11$4.90
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $1M-$5M nonprofits