Civic Intelligence

Northwestern Connecticut Young Mens Christian Association Inc.

990 • Fiscal year 2013 • EIN 22-2878484

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 17, 2014

259 Prospect Street06790

(860) 489-3133

Siviq Scores

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

Liabilities / Assets

60th percentile

0.30x

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

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

70th percentile

0.51x

Higher debt load relative to revenue than 70% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Net Margin

21st percentile

-7.5%

Higher net margin than 21% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

65th percentile

$147,860

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Asset Growth

28th percentile

-2.1%

Faster asset growth than 28% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

17th percentile

-11%

Faster revenue growth than 17% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Assets

Down

$5,668,573

Down $124,329 (-2.1%) from 2012

Net Assets

Up

$3,940,791

Up $5,177 (+0.1%) from 2012

Liabilities

Down

$1,727,782

Down $129,506 (-7.0%) from 2012

Revenue

Down

$3,411,623

Down $406,335 (-11%) from 2012

Expenses

Up

$3,667,878

Up $412,533 (+13%) from 2012

Net Income

Down

-$256,255

Down $818,868 (-146%) from 2012

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $5,098,260Liabilities 2010: $1,956,452Net Assets 2010: $3,141,8082010Assets 2011: $5,342,381Liabilities 2011: $2,148,099Net Assets 2011: $3,194,2822011Assets 2012: $5,792,902Liabilities 2012: $1,857,288Net Assets 2012: $3,935,6142012Assets 2013: $5,668,573Liabilities 2013: $1,727,782Net Assets 2013: $3,940,7912013Assets 2014: $5,637,841Liabilities 2014: $1,669,946Net Assets 2014: $3,967,8952014Assets 2015: $5,361,075Liabilities 2015: $1,529,922Net Assets 2015: $3,831,1532015Assets 2016: $5,269,600Liabilities 2016: $1,433,252Net Assets 2016: $3,836,3482016Assets 2017: $5,316,679Liabilities 2017: $1,291,224Net Assets 2017: $4,025,4552017Assets 2018: $5,190,946Liabilities 2018: $1,472,565Net Assets 2018: $3,718,3812018Assets 2019: $5,464,367Liabilities 2019: $1,505,881Net Assets 2019: $3,958,4862019Assets 2020: $5,823,690Liabilities 2020: $1,691,049Net Assets 2020: $4,132,6412020Assets 2021: $7,115,631Liabilities 2021: $2,311,420Net Assets 2021: $4,804,2112021Assets 2022: $7,330,659Liabilities 2022: $3,270,467Net Assets 2022: $4,060,1922022Assets 2023: $8,048,581Liabilities 2023: $4,020,161Net Assets 2023: $4,028,4202023Assets 2024: $8,532,437Liabilities 2024: $4,458,914Net Assets 2024: $4,073,5232024

Highlighted filing

2013

Assets$5,668,573
Liabilities$1,727,782
Net Assets$3,940,791

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,331,6722010Expenses 2011: $3,347,6362011Revenue 2012: $3,817,958Expenses 2012: $3,255,345Net Income 2012: $562,6132012Revenue 2013: $3,411,623Expenses 2013: $3,667,878Net Income 2013: -$256,2552013Revenue 2014: $3,591,096Expenses 2014: $3,693,796Net Income 2014: -$102,7002014Revenue 2015: $3,436,369Expenses 2015: $3,622,461Net Income 2015: -$186,0922015Revenue 2016: $3,519,959Expenses 2016: $3,575,991Net Income 2016: -$56,0322016Revenue 2017: $3,372,265Expenses 2017: $3,496,814Net Income 2017: -$124,5492017Revenue 2018: $3,329,091Expenses 2018: $3,536,584Net Income 2018: -$207,4932018Revenue 2019: $3,613,011Expenses 2019: $3,795,811Net Income 2019: -$182,8002019Revenue 2020: $3,283,530Expenses 2020: $3,393,961Net Income 2020: -$110,4312020Revenue 2021: $4,303,120Expenses 2021: $3,787,662Net Income 2021: $515,4582021Revenue 2022: $4,142,609Expenses 2022: $4,630,739Net Income 2022: -$488,1302022Revenue 2023: $4,712,567Expenses 2023: $5,056,760Net Income 2023: -$344,1932023Revenue 2024: $5,213,235Expenses 2024: $5,387,141Net Income 2024: -$173,9062024

Highlighted filing

2013

Revenue$3,411,623
Expenses$3,667,878
Net Income-$256,255
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 17, 2014
Return Version
2013v3.1
Gross Receipts
$3,440,978
Mission and Program Overview

Mission

Our cause - the y is a powerful association of men, women and children joined together by a shared commitment to nurture the potential of kids, promote healthy living and foster a sense of social responsibility. We believe that lasting personal and social change can only come about when we all work together to invest in our kids, our health and our neighbors. That's why, at the y, strengthening community is our cause.the y is, and always will be, dedicated to building healthy, confident, connected and secure children, adults, families and communities. By offering affordable child care to low- and middle-income families, by developing anti-smoking, drug prevention and coping skills, development programs for at-risk youth, by helping adults and youth of our communities to read and write, by providing homeless and low-income individuals and families a dignified place to live and through so many other programs that promote a healthy spirit, mind and body we are strengthening our communitie

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,032,221$2,841,981▼ $190,240
Accounts Receivable$104,435$146,634▲ $42,199
Cash and Non-Interest-Bearing Accounts$98,073$64,666▼ $33,407
Pledges and Grants Receivable$35,130$53,312▲ $18,182
Savings and Temporary Cash Investments$16,273$14,210▼ $2,063
Investments in Publicly Traded Securities$5,761$9,961▲ $4,200
Prepaid Expenses and Deferred Charges$3,752$4,262▲ $510
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$5,792,902$5,668,573▼ $124,329
Other Assets Total$2,497,257$2,533,547▲ $36,290
Liabilities
Mortgage Notes Payable Secured by Investment Property$857,409$757,784▼ $99,625
Deferred Revenue$735,406$746,822▲ $11,416
Accounts Payable and Accrued Expenses$238,398$190,371▼ $48,027
Other Liabilities$26,075$32,805▲ $6,730
Total Liabilities$1,857,288$1,727,782▼ $129,506
Net Assets / Fund Balance
Unrestricted Net Assets$3,431,634$3,423,719▼ $7,915
Temporarily Rstr Net Assets$340,188$353,280▲ $13,092
Permanently Rstr Net Assets$163,792$163,792→ $0
Total Net Assets Fund Balance$3,935,614$3,940,791▲ $5,177
Total Liabilities and Net Assets / Fund Balance$5,792,902$5,668,573▼ $124,329

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,224,509$5,004,473$7,228,982
Equipment$448,386$960,999$1,409,385
Land$169,086-$169,086
Other Assets Org$626,811--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$1,801,407$16,500▲ $261,432$244,320$1,835,019
2012$1,297,830$114,630▲ $178,719$-210,228$1,801,407
2011$1,103,523-▼ $23,062$-217,369$1,297,830
2010$1,230,845-▲ $80,124$207,446$1,103,523
2009$1,051,572$48,443▲ $174,374$36,271$1,230,845
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Greg BriscoCEOFT$127,570$20,290$147,860
Sandra RobertsTrustee-$13,200-$13,200

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$518,308
Program Service Revenue
$2,810,060
Investment Income
$7,028
Other Revenue
$76,227
All Other Contributions
$269,473
Change in Net Assets
$-256,255

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,440,978
Revenue Not Reported on Financial Statements
$-29,355
Revenue Not Reported on Form 990
$261,432
Other Revenue Adjustments
$-29,355
Total Revenue per Audited Statements
$3,702,410
Total Revenue per Form 990
$3,411,623
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,299,128
Other Expenses$1,368,750
Total Fundraising Expense$606
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,524,910$268,568-$1,793,478
Occupancy$527,833$3,227-$531,060
Depreciation Depletion$156,540$52,180-$208,720
Payroll Taxes$171,746$29,286-$201,032
Current Officers, Directors, Trustees, and Key Employees$146,621$14,439-$161,060
Other Employee Benefits$80,497$32,408-$112,905
Fees for Services Other$19,681$48,686-$68,367
Insurance$55,019$5,832-$60,851
Payments to Affiliates$49,600$5,198-$54,798
Interest$25,886$8,242-$34,128
Pension Plan Contributions$21,853$8,800-$30,653
Travel$18,822$6,415-$25,237
Other Expenses$16,629$1,647$130$18,406
Conferences and Meetings$11,000$6,385-$17,385
All Other Expenses$13,179$454-$13,633
Total Functional Expenses$3,151,220$516,052$606$3,667,878

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,697,233
Expenses per Audited Statements$3,667,878
Total Expenses per Form 990$3,667,878
Expenses Not Reported on Form 990$29,355
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$105,582
Fundraising Direct Expenses$29,355
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$33,792$33,792$15,179$18,613
Event 2$19,722$19,722$2,092$17,630
Total Events$93,200$93,200$28,906$64,294
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
Custodial Funds Held$16,510
Refundable Advances$16,295
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 2: Description of Business or Family Relationship of Officers, Directors, Et

Directors and Trustees own, are officers or work for various companies that provide goods & services to community at large, as well as, to Directors, Trustees and key staff on both a business & personal basis. These include: banking, insurance, legal representation, chamber of commerce, construction, and temporary employees services.

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is distributed to all members of the Board of Directors prior to being filed. The YMCA's Audit Review Committee conducts a discussion at the next regularly scheduled Board of Directors meeting.

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

Annually, all members of the Board of Directors, Board of Trustees and key staff complete a Conflict of Interest Questionnaire and Acknowledgement document in accordance with the Northwest CT YMCA Board of Director's adopted Conflict of Interest Policy. These documents are stored in the YMCA's Administrative offices.

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

The YMCA Board of Director's Executive Committee conducts the CEO performance and compensation review process. The Executive Committee determines that the compensation to be paid to the CEO is reasonable and compares the compensation to be paid to the CEO with the compensation paid to equivalent CEOs from YMCAs operating throughout the northeast that have comparable revenues, branch locations, employees and service populations. The Executive Committee obtains this comparison data from the YMCA of the USA's locally assigned Resource Director. The committee then meets with the CEO, conducts the review and presents any change in compensation. The Executive Committee presents a summary report to the Board of Directors for approval.

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

The YMCA Board of Director's Executive Committee conducts the CEO performance and compensation review process. The Executive Committee determines that the compensation to be paid to the CEO is reasonable and compares the compensation to be paid to the CEO with the compensation paid to equivalent CEOs from YMCAs operating throughout the Northeast that have comparable revenues, branch locations, employees and service populations. The Executive Committee obtains this comparison data from the YMCA of the USA's locally assigned Resource Director. The committee then meets with the CEO, conducts the review and presents any change in compensation. The Executive Committee presents a summary report to the Board of Directors for approval.

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

The YMCA's Annual Report, which includes financial information, is sent to all donors and YMCA Corporators and is also available to anyone who requests one. Our tax return is available at guidestar.com or to anyone who requests a copy.

Filing and Contact Details

Filer

EIN
22-2878484
Phone
8604893133

Signing Officer

Name
Greg Brisco
Title
CEO
Signed
2014-11-17
Discuss with paid preparer
Yes

Organization Details

Formed
1986
Legal Domicile
Ct
Voting Board Members
35
Independent Board Members
35
Employees
312
Volunteers
307

Preparer

Preparer
Robert E King CPA
Phone
8603790215
Supplemental Narrative

Additional Explanations

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

OTHER PROGRAM SERVICES 4: Youth Development Programs YMCA Youth and Teen programs give kids good role models to help them develop self-esteem and good values, including cooperation, respect, good citizenship, and a strong work ethic. Our Teen Leaders Club programs expose young people to civic leaders and help them develop an understanding and appreciation of civic involvement. Our service learning and environmental programs help youth develop an appreciation of charitable service and preservation of our natural resources. More than 600 "at risk youth" are served each year with education and taught coping skills, along with comprehensive support services and life-skills training. Many programs are provided at no cost. Financial assistance is available for fee-based programs, so a young person's economic circumstances are not a barrier to participation. OTHER PROGRAM SERVICES 5: Housing ProgramsThe YMCA is a safe haven for up to 74 individuals at one time who rest their heads each night and call the YMCA home. We offer a 17 Bed homeless shelter for families and single adults in Winsted, 15 single men's rooms in Winsted and 42 SROs in Torrington. YMCA Supportive Housing is long-term housing with social services for the formerly homeless, people with medical disabilities, and individuals with low income. Supportive housing is a proven, effective means of reintegrating individuals and families into the community by addressing their basic needs for housing and on-going support. It combines affordable accommodations with services like counseling, job training and placement, education and community activities. In effect, our housing is a bridge to the community and the future and many of our residents go on to pursue better jobs, additional permanent housing and higher education. OTHER PROGRAM SERVICES 6: Human ServicesOur YMCA works in collaboration with governmental and community agencies to provide a variety of programs that help accomplish our mission to build strong kids, strong families, and strong communities. In these programs, we develop and build on people's strengths, rather than focusing on the detriments in their lives. Our programs offer mentoring, cultural awareness, social skill development, violence reduction and anger management, English as a second language to 138 participants, and computer skills, allow participants to improve their skills, develop self-esteem and self-reliance, and build healthy relationships with their peers and with members of the community at large. These programs create an atmosphere in which leadership skills and an ethic of service can grow and flourish. OTHER PROGRAM SERVICES 7: Non-measurable program achievementsDevelop values for daily living: develop moral and ethical behavior based on Christian principles - caring, honesty, respect & responsibility.Appreciate diversity: respect people of different ages, abilities, incomes, races, religions, cultures, and beliefs.Become leaders and supporters: learn the give and take necessary to work toward the common good.Develop specific skills: acquire new knowledge and ways to grow in spirit, mind, and body.Partnerships-The Northwest YMCA collaborates with many agencies in order to utilize the numerous available talents and resources of Northwestern Connecticut and effectively serve the varied needs of the community. Listed below are agencies we collaborated with in 2013.Alcoa HowmetBatcheller Elementary SchoolCanaan Community TrustCharlotte Hungerford Hospital Connecticut Department of Children and FamiliesConnecticut Department of Social ServicesConnecticut Outreach WestCradle to ClassroomDept of Mental Health & Addiction ServicesEducation ConnectionExplorations Charter SchoolFamily StridesFISH, Inc.Geer Village FoundationLa via LatinaMcCall FoundationNew Hartford Public Schools & Parks & Rec.New Opportunities, Inc.Northwest CT Chamber of CommerceNorthwestern CT Community CollegeNW Caring ConnectionNW Regional School District #7Prime Time HouseSal

Other Changes In Net Assets Or Fund Balances - Other Increases

Change in Agency Endowment = $261432

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The annual spending amount is equal to 5% of the unencumbered corpus of the endowment fund, based on the rolling average of the corpus of the previous twelve quarters. The annual spending amount is currently to be used for annual capital expenditures.

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

Change in Agency Endowment $261432

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

Special Event Expenses $29355

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IRS990/Desc0Health and Wellness for AllThe YMCA views health holistically: a healthy person has unity of body, mind and spirit. The YMCA has identified the growing national obesity rates in this country as a critical social issue that must be addressed and our health and well being programs are designed to help people develop new skills and grow in spirit, mind and body by setting realistic goals for self-improvement and emphasize disease prevention through regular exercise, proper nutrition, stress management, and health education. We serve all ages, abilities, races, nationalities, and religions and provide financial assistance to those who need it.In 2013, 10,531 people were Northwestern Connecticut YMCA members or participated in programs, including 3,787 youth, 5,599 adults and 1,145 seniors. In addition, people from the general public, who were not YMCA members, received the benefits of YMCA programs and services. It is the YMCA's financial assistance policy that no one is turned away from YMCA programs based solely upon the individual's ability to pay. Financial assistance is available for those who qualify. In 2013, 1,003 individuals received YMCA financial assistance for YMCA memberships, programs, and services at a cost of over $255,000. Our "Aquacise" program is an aquatics program that keeps seniors active and flexible. Our parent & child, preschool and youth level aquatics program help to develop physical skills and lifesaving experience to 848 children ages 6 months through 12 years; our Family Swim program gives adults and children shared time in the pool to appreciate one another and promote intergenerational relationships. Sports programs for youth, families and adults promote teamwork, interaction, and development of social and physical skills.Our YMCA offers competitive swim team experiences for area youth and high school students. The YMCA's Lasers swim team had enrollment of 138 youth ages 6 to 18 years of age. In addition, Torrington High School Boys and Girls swim teams practice and host meets at the Torrington Branch, and Regional 7 and Gilbert High Schools swim teams both practice and hold meets at the Winsted Branch.
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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.$8.53$4.46$4.07$5.21$5.39$0.17
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.05$4.02$4.03$4.71$5.06$0.34
2022Detailed filing. Detailed filing data is available for this year.$7.33$3.27$4.06$4.14$4.63$0.49
2021Detailed filing. Detailed filing data is available for this year.$7.12$2.31$4.80$4.30$3.79$0.52
2020Detailed filing. Detailed filing data is available for this year.$5.82$1.69$4.13$3.28$3.39$0.11
2019Detailed filing. Detailed filing data is available for this year.$5.46$1.51$3.96$3.61$3.80$0.18
2018Detailed filing. Detailed filing data is available for this year.$5.19$1.47$3.72$3.33$3.54$0.21
2017Detailed filing. Detailed filing data is available for this year.$5.32$1.29$4.03$3.37$3.50$0.12
2016Detailed filing. Detailed filing data is available for this year.$5.27$1.43$3.84$3.52$3.58$0.06
2015Detailed filing. Detailed filing data is available for this year.$5.36$1.53$3.83$3.44$3.62$0.19
2014Summary only. Only limited summary data is available for this year.$5.64$1.67$3.97$3.59$3.69$0.10
2013Detailed filing. Detailed filing data is available for this year.$5.67$1.73$3.94$3.41$3.67$0.26
2012Summary only. Only limited summary data is available for this year.$5.79$1.86$3.94$3.82$3.26$0.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.34$2.15$3.19$3.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.10$1.96$3.14$3.33