Civic Intelligence

Meadowlands Area Young Mens Christian Association

990 • Fiscal year 2022 • EIN 22-1997720

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 25, 2023

390 Murray Hill ParkwayEast Rutherford, NJ 07073

(201) 955-5300

Siviq Scores

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

Liabilities / Assets

89th percentile

0.78x

Higher debt load relative to assets than 89% of similar nonprofits.

2022 filings • NTEE P • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

88th percentile

1.47x

Higher debt load relative to revenue than 88% of similar nonprofits.

2022 filings • NTEE P • $10M-$25M nonprofits • Source year 2022

Net Margin

88th percentile

32%

Higher net margin than 88% of similar nonprofits.

2022 filings • NTEE P • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

66th percentile

$237,288

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2022 filings • NTEE P • $10M-$25M nonprofits • Source year 2022

Asset Growth

94th percentile

70%

Faster asset growth than 94% of similar nonprofits.

2022 filings • NTEE P • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

90th percentile

66%

Faster revenue growth than 90% of similar nonprofits.

2022 filings • NTEE P • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$22,603,193

Up $9,283,478 (+70%) from 2021

Net Assets

Up

$4,921,964

Up $3,819,142 (+346%) from 2021

Liabilities

Up

$17,681,229

Up $5,464,336 (+45%) from 2021

Revenue

Up

$12,056,899

Up $4,776,327 (+66%) from 2021

Expenses

Up

$8,237,757

Up $1,245,153 (+18%) from 2021

Net Income

Up

$3,819,142

Up $3,531,174 (+1226%) from 2021

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $2,239,939Liabilities 2010: $461,880Net Assets 2010: $1,778,0592010Assets 2011: $2,468,736Liabilities 2011: $504,232Net Assets 2011: $1,964,5042011Assets 2012: $6,908,171Liabilities 2012: $4,560,235Net Assets 2012: $2,347,9362012Assets 2013: $7,417,187Liabilities 2013: $4,632,912Net Assets 2013: $2,784,2752013Assets 2014: $7,900,589Liabilities 2014: $4,487,576Net Assets 2014: $3,413,0132014Assets 2015: $4,913,553Liabilities 2015: $610,034Net Assets 2015: $4,303,5192015Assets 2016: $4,412,899Liabilities 2016: $643,745Net Assets 2016: $3,769,1542016Assets 2017: $12,557,773Liabilities 2017: $9,755,376Net Assets 2017: $2,802,3972017Assets 2018: $14,293,501Liabilities 2018: $11,726,925Net Assets 2018: $2,566,5762018Assets 2019: $13,229,561Liabilities 2019: $11,518,641Net Assets 2019: $1,710,9202019Assets 2020: $12,785,187Liabilities 2020: $11,970,333Net Assets 2020: $814,8542020Assets 2021: $13,319,715Liabilities 2021: $12,216,893Net Assets 2021: $1,102,8222021Assets 2022: $22,603,193Liabilities 2022: $17,681,229Net Assets 2022: $4,921,9642022Assets 2023: $19,319,068Liabilities 2023: $14,919,177Net Assets 2023: $4,399,8912023Assets 2024: $17,413,136Liabilities 2024: $14,411,889Net Assets 2024: $3,001,2472024

Highlighted filing

2022

Assets$22,603,193
Liabilities$17,681,229
Net Assets$4,921,964

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $2,747,2362010Revenue 2011: $2,957,379Expenses 2011: $2,770,934Net Income 2011: $186,4452011Revenue 2012: $3,130,839Expenses 2012: $2,760,367Net Income 2012: $370,4722012Revenue 2013: $3,760,568Expenses 2013: $3,324,229Net Income 2013: $436,3392013Revenue 2014: $4,152,528Expenses 2014: $3,523,790Net Income 2014: $628,7382014Revenue 2015: $4,538,538Expenses 2015: $3,630,738Net Income 2015: $907,8002015Revenue 2016: $4,083,758Expenses 2016: $4,618,123Net Income 2016: -$534,3652016Revenue 2017: $5,258,075Expenses 2017: $6,224,832Net Income 2017: -$966,7572017Revenue 2018: $8,456,694Expenses 2018: $8,692,515Net Income 2018: -$235,8212018Revenue 2019: $9,281,601Expenses 2019: $10,137,257Net Income 2019: -$855,6562019Revenue 2020: $5,811,583Expenses 2020: $6,707,649Net Income 2020: -$896,0662020Revenue 2021: $7,280,572Expenses 2021: $6,992,604Net Income 2021: $287,9682021Revenue 2022: $12,056,899Expenses 2022: $8,237,757Net Income 2022: $3,819,1422022Revenue 2023: $8,843,620Expenses 2023: $9,365,693Net Income 2023: -$522,0732023Revenue 2024: $8,317,082Expenses 2024: $9,511,446Net Income 2024: -$1,194,3642024

Highlighted filing

2022

Revenue$12,056,899
Expenses$8,237,757
Net Income$3,819,142
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 25, 2023
Return Version
2022v5.0
Gross Receipts
$12,103,717
Mission and Program Overview

Mission

To serve the residential and corporate communities in the meadowlands area by offering services and programs that build healthy bodies, minds and spirits; so that men, women and children of all ages, income abilities, races and religions can participate in programs which instill christian values to help develop as individuals and as citizens in their communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,307,897$10,809,118▼ $498,779
Cash and Non-Interest-Bearing Accounts$1,468,212$2,529,277▲ $1,061,065
Pledges and Grants Receivable$373,272$0▼ $373,272
Accounts Receivable$22,154$54,191▲ $32,037
Prepaid Expenses and Deferred Charges$27,391$32,649▲ $5,258
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$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$13,319,715$22,603,193▲ $9,283,478
Other Assets Total$120,789$9,177,958▲ $9,057,169
Liabilities
Other Liabilities$96,626$9,151,339▲ $9,054,713
Mortgage Notes Payable Secured by Investment Property$6,761,166$7,829,888▲ $1,068,722
Unsecured Notes Loans Payable$3,355,980--
Accounts Payable and Accrued Expenses$1,718,969$535,930▼ $1,183,039
Deferred Revenue$284,152$164,072▼ $120,080
Total Liabilities$12,216,893$17,681,229▲ $5,464,336
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,102,822$4,921,964▲ $3,819,142
Total Net Assets Fund Balance$1,102,822$4,921,964▲ $3,819,142
Total Liabilities and Net Assets / Fund Balance$13,319,715$22,603,193▲ $9,283,478

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$10,734,256$3,084,233$13,818,489
Other Land Buildings$48,066$164,191$212,257
Equipment$26,796$13,130$39,926
Other Assets Org$120,789--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David E KisselbackCEOFT$212,800$24,488$237,288
Carol PasqualeCAOFT$132,164$18,867$151,031

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,169,644
Program Service Revenue
$6,159,334
Investment Income
$-14,379
Other Revenue
$4,742,300
All Other Contributions
$278,007
Change in Net Assets
$3,819,142

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,022,791
Revenue Not Reported on Financial Statements
$34,108
Revenue Not Reported on Form 990
$17,006
Other Revenue Adjustments
$34,108
Total Revenue per Audited Statements
$12,039,797
Total Revenue per Form 990
$12,056,899
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,388,663
Other Expenses$3,814,986
Total Fundraising Expense$107,140
Grants and Similar Amounts Paid$34,108
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,009,267$408,406$26,563$3,444,236
Occupancy$1,331,945$65,800-$1,397,745
Depreciation Depletion$495,110$149,211$33,912$678,233
Current Officers, Directors, Trustees, and Key Employees$344,964--$344,964
Other Employee Benefits$259,714$48,205$10,685$318,604
Interest$283,815$14,185-$298,000
Fees for Services Other$267,994-$13,271$281,265
Payroll Taxes$230,304$44,937$5,618$280,859
Office Expenses$145,590$15,592$1,826$163,008
Travel$112,557$3,150$579$116,286
Insurance$84,962$24,429$5,496$114,887
Advertising$104,242$3,685-$107,927
Other Expenses$48,178$12,581$2,850$63,609
Fees for Services Legal$2,971$34,630-$37,601
Grants to Domestic Individuals$34,108--$34,108
Fees for Services Accounting-$26,500-$26,500
All Other Expenses$11,268$1,160$199$12,627
Total Functional Expenses$7,237,124$893,493$107,140$8,237,757

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$8,237,757
Total Expenses per Audited Statements$8,220,655
Expenses per Audited Statements$8,203,649
Expenses Not Reported on Financial Statements$34,108
Other Expense Adjustments$34,108
Expenses Not Reported on Form 990$17,006
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$58,080
Fundraising Direct Expenses$17,006
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$79,846$58,080$2,836$55,244
Total Events$79,846$58,080$17,006$41,074
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
Operating Lease Liability Right of Use$9,085,660
Security Deposits$65,679
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, Section B, Line 11B

Prior to the filing of this tax return, a copy was provided to the organizations' board of directors for review.

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

Any conflict of interest must be reported to the association. Each employee and board member within the organization is required to complete a conflict of interest document annually.

Form 990, Part VI, Section B, Line 15A

The compensation of the ceo is determined by the board of directors, while the cao's compensation is determined by the ceo.

Form 990, Part VI, Section C, Line 18

The organization will make its form 990 available to the public through guidestar, an online database containing information aboutnonprofit organizations.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Meadowlands Area Ymca
EIN
22-1997720
Phone
2019555300
Address
390 MURRAY HILL PARKWAY, EAST RUTHERFORD, NJ 07073

Signing Officer

Name
David E Kisselback
Title
CEO
Signed
2023-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David E Kisselback
Formed
1976
Legal Domicile
Nj
Voting Board Members
13
Independent Board Members
13
Employees
362
Volunteers
75

Preparer

Firm
Mcintee Fusaro Del Corral LLC
Address
277 FAIRFIELD RD STE 300, FAIRFIELD, NJ 07004
Preparer
Darren Fusaro
Phone
9738820300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Other program services 4: 21st century community learning center - the meadowlands area ymca will be providing a free before and after care program that is rich in academic remediation and enrichment to the students at the robert l. Craig school in moonachie. This 21st century program will provide a strong remediation program that addresses specific learning gaps and skills identified by classroom teachers and njask tests. Certified teachers in mathematics and language arts will conduct one-on-one tutoring, homework help and small-group instruction. In addition, the program will provide study island, read 180, skill building challenge activities and a wide variety of enrichment activities, such as drama club, musical theater, martial arts and behavioral strategies including bullying intervention strategies that work, mad science, hobby quest, robotics, swim lessons and educational field trips.family success center - the meadowlands family success center ("fsc') is a family centered, community based, neighborhood gathering place for all bergen county residents. Families cam come to the fsc to receive support, information and services that help reduce isolation and foster connections between families. The overarching goal of the fsc is to prevent child maltreatment by strengthening individual and family ties. The fsc helps families achieve these goals by offering enrichment activities such as: parenting courses, financial courses, financial literacy, job readiness, esl classes and more. All services are free to the community. The meadlowlands fsc is operated by the meadowlands ymca with federal and state funding.

Financial Statement Notes

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

Special event - direct expenses $17006

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

Scholarships - ymca programs $34108

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

Special event - direct expenses $17006

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

Scholarships - ymca programs $34108

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IRS990/ProgSrvcAccomActy2Grp/Desc0SOCIAL RESPONSIBILITY - WE RUN AFTER SCHOOL CARE AND TUTORING IN MOONACHIE, NJ. THE PROGRAM HELPS STUDENTS MEET STATE AND LOCAL STUDENT STANDARDS IN CORE ACADEMIC SUBJECTS SUCH AS READING AND MATH; OFFERS STUDENTS A BROAD ARRAY OF ENRICHMENT ACTIVITIES THAT CAN COMPLEMENT THEIR REGULAR ACADEMIC PROGRAMS; AND OFFERS LITERACY AND OTHER EDUCATIONAL SERVICES TO FAMILIES OF PARTICIPATING CHILDREN. WE ALSO CONTINUED TO TEACH ENGLISH AS A SECOND LANGUAGE ("ESL').
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IRS990/ProgSrvcAccomActy3Grp/Desc021ST CENTURY COMMUNITY LEARNING CENTER - THE MEADOWLANDS AREA YMCA WILL BE PROVIDING A FREE BEFORE AND AFTER CARE PROGRAM THAT IS RICH IN ACADEMIC REMEDIATION AND ENRICHMENT TO THE STUDENTS AT THE ROBERT L. CRAIG SCHOOL IN MOONACHIE. THIS 21ST CENTURY PROGRAM WILL PROVIDE A STRONG REMEDIATION PROGRAM THAT ADDRESSES SPECIFIC LEARNING GAPS AND SKILLS IDENTIFIED BY CLASSROOM TEACHERS AND NJASK TESTS. CERTIFIED TEACHERS IN MATHEMATICS AND LANGUAGE ARTS WILL CONDUCT ONE-ON-ONE TUTORING, HOMEWORK HELP AND SMALL-GROUP INSTRUCTION. IN ADDITION, THE PROGRAM WILL PROVIDE STUDY ISLAND, READ 180, SKILL BUILDING CHALLENGE ACTIVITIES AND A WIDE VARIETY OF ENRICHMENT ACTIVITIES, SUCH AS DRAMA CLUB, MUSICAL THEATER, MARTIAL ARTS AND BEHAVIORAL STRATEGIES INCLUDING BULLYING INTERVENTION STRATEGIES THAT WORK, MAD SCIENCE, HOBBY QUEST, ROBOTICS, SWIM LESSONS AND EDUCATIONAL FIELD TRIPS.FAMILY SUCCESS CENTER - THE MEADOWLANDS FAMILY SUCCESS CENTER ("FSC') IS A FAMILY CENTERED, COMMUNITY BASED, NEIGHBORHOOD GATHERING PLACE FOR ALL BERGEN COUNTY RESIDENTS. FAMILIES CAM COME TO THE FSC TO RECEIVE SUPPORT, INFORMATION AND SERVICES THAT HELP REDUCE ISOLATION AND FOSTER CONNECTIONS BETWEEN FAMILIES. THE OVERARCHING GOAL OF THE FSC IS TO PREVENT CHILD MALTREATMENT BY STRENGTHENING INDIVIDUAL AND FAMILY TIES. THE FSC HELPS FAMILIES ACHIEVE THESE GOALS BY OFFERING ENRICHMENT ACTIVITIES SUCH AS: PARENTING COURSES, FINANCIAL COURSES, FINANCIAL LITERACY, JOB READINESS, ESL CLASSES AND MORE. ALL SERVICES ARE FREE TO THE COMMUNITY. THE MEADLOWLANDS FSC IS OPERATED BY THE MEADOWLANDS YMCA WITH FEDERAL AND STATE FUNDING.
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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.$17.4$14.4$3.00$8.32$9.51$1.19
2023Detailed filing. Detailed filing data is available for this year.$19.3$14.9$4.40$8.84$9.37$0.52
2022Detailed filing. Detailed filing data is available for this year.$22.6$17.7$4.92$12.1$8.24$3.82
2021Detailed filing. Detailed filing data is available for this year.$13.3$12.2$1.10$7.28$6.99$0.29
2020Detailed filing. Detailed filing data is available for this year.$12.8$12.0$0.81$5.81$6.71$0.90
2019Detailed filing. Detailed filing data is available for this year.$13.2$11.5$1.71$9.28$10.1$0.86
2018Detailed filing. Detailed filing data is available for this year.$14.3$11.7$2.57$8.46$8.69$0.24
2017Detailed filing. Detailed filing data is available for this year.$12.6$9.76$2.80$5.26$6.22$0.97
2016Detailed filing. Detailed filing data is available for this year.$4.41$0.64$3.77$4.08$4.62$0.53
2015Detailed filing. Detailed filing data is available for this year.$4.91$0.61$4.30$4.54$3.63$0.91
2014Detailed filing. Detailed filing data is available for this year.$7.90$4.49$3.41$4.15$3.52$0.63
2013Detailed filing. Detailed filing data is available for this year.$7.42$4.63$2.78$3.76$3.32$0.44
2012Summary only. Only limited summary data is available for this year.$6.91$4.56$2.35$3.13$2.76$0.37
2011Summary only. Only limited summary data is available for this year.$2.47$0.50$1.96$2.96$2.77$0.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$0.46$1.78$2.75