Civic Intelligence

Sidney-Shelby County YMCA Foundation Inc.

990 • Fiscal year 2019 • EIN 34-1631890

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 22, 2020

300 E Parkwood StSidney, OH 45365

(937) 492-9134

Siviq Scores

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

Liabilities / Assets

24th percentile

0.01x

Higher debt load relative to assets than 24% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

37th percentile

0.04x

Higher debt load relative to revenue than 37% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

98th percentile

89%

Higher net margin than 98% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$3,322,689

No earlier filing loaded for comparison.

Net Assets

$3,304,689

No earlier filing loaded for comparison.

Liabilities

$18,000

No earlier filing loaded for comparison.

Revenue

$409,270

No earlier filing loaded for comparison.

Expenses

$43,667

No earlier filing loaded for comparison.

Net Income

$365,603

No earlier filing loaded for comparison.

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$0Assets 2019: $3,322,689Liabilities 2019: $18,000Net Assets 2019: $3,304,6892019Assets 2020: $3,608,405Liabilities 2020: $18,000Net Assets 2020: $3,590,4052020Assets 2021: $4,092,858Liabilities 2021: $19,500Net Assets 2021: $4,073,3582021Assets 2022: $3,438,596Liabilities 2022: $24,000Net Assets 2022: $3,414,5962022Assets 2023: $3,774,252Liabilities 2023: $25,500Net Assets 2023: $3,748,7522023Assets 2024: $4,019,923Liabilities 2024: $40,500Net Assets 2024: $3,979,4232024

Highlighted filing

2019

Assets$3,322,689
Liabilities$18,000
Net Assets$3,304,689

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2019: $409,270Expenses 2019: $43,667Net Income 2019: $365,6032019Revenue 2020: $325,920Expenses 2020: $40,204Net Income 2020: $285,7162020Revenue 2021: $535,053Expenses 2021: $52,100Net Income 2021: $482,9532021Revenue 2022: -$611,958Expenses 2022: $46,804Net Income 2022: -$658,7622022Revenue 2023: $385,877Expenses 2023: $51,721Net Income 2023: $334,1562023Revenue 2024: $299,751Expenses 2024: $69,080Net Income 2024: $230,6712024

Highlighted filing

2019

Revenue$409,270
Expenses$43,667
Net Income$365,603
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 22, 2020
Return Version
2019v5.0
Gross Receipts
$409,270
Mission and Program Overview

Mission

The sidney-shelby county ymca foundation is formed to operate exclusively for the benefits of the young mens christian association of sidney & shelby county, a tax exempt organization, whose mission is to put christian principles into practice to benefit all shelby county residents through programs that build healthy spirit, mind and body for all. The ymca is an all inclusive organization. We serve all individuals regardless of their ability to pay.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,431,422$2,910,495▲ $479,073
Cash and Non-Interest-Bearing Accounts$528,164$412,183▼ $115,981
Accounts Receivable-$11-
Total Assets$2,959,586$3,322,689▲ $363,103
Liabilities
Other Liabilities$20,500$18,000▼ $2,500
Accounts Payable and Accrued Expenses$3,301--
Total Liabilities$23,801$18,000▼ $5,801
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,775,480$3,304,689▲ $529,209
Net Assets Without Donor Restrictions$160,305--
Total Net Assets Fund Balance$2,935,785$3,304,689▲ $368,904
Total Liabilities and Net Assets / Fund Balance$2,959,586$3,322,689▲ $363,103

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$2,959,586$2,668▲ $112,711$100,000$3,304,689
2018$3,247,554$9,000▲ $90,190$100,000$2,959,586
2017$2,892,456$5,924▲ $79,905-$3,247,554
2016$2,759,804$39,486▲ $41,542$25,000$2,892,455
2015$3,055,388$3,195▼ $58,492$150,000$2,759,804
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dean WeinertPresident/ch
Bruce BoydDirector
Jerry VanderhorstDirector
Julie CovaultDirector
Mick GivenDirector
Ralph Keister IiiDirector
Ed ThomasCEO
Revenue and Support

Revenue Composition

Contributions and Grants
$2,668
Program Service Revenue
$0
Investment Income
$112,711
Other Revenue
$293,891
All Other Contributions
$2,668
Change in Net Assets
$365,603
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$43,667
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses-$30,667-$30,667
Other Expenses$1,000--$1,000
Total Functional Expenses$13,000$30,667$0$43,667
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Scholarships$18,000
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The independent audit report is reviewed by the board of directors and the 990 is prepared directly from the independent audit report. Upon completion, before submission, the 990 is presented to the board of directors for review.

Form 990, Page 6, Part VI, Line 12C

The sidney-shelby county ymca foundation's conflict of interest policy is reviewed with all prospective board members and must be signed before becoming an official board member. An annual questionnaire is required by each board member, and responses are monitored for timeliness and completeness. Periodic reviews are held. Any determined conflict of interest by any member of the board is documented in the meeting minutes.

Form 990, Page 6, Part VI, Line 19

The ymca of sidney & shelby county maintains a public disclosure file for each year containing our 990, audit report, annual report of the association, program guides and pertinent policies. These items are available upon request to any person who should wish to see them. Financial statements are distributed and reviewed quarterly at each board meeting. Currently our 990 can be accessed free via the internet at research sites designed for this purpose.

Filing and Contact Details

Filer

Filer Name
Sidney-shelby Cty Ymca Foundation
EIN
34-1631890
Phone
9374929134
Address
300 E PARKWOOD ST, SIDNEY, OH 45365

Signing Officer

Name
Ed Thomas
Title
CEO
Phone
9374929134
Signed
2020-09-22

Organization Details

Principal Officer
Dean Weinert
Formed
1989
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Linda J Ballinger CPA
Address
7045 STATE ROUTE 245, NORTH LEWISBURG, OH 43060
Preparer
Linda J Ballinger CPA
Phone
9377472225
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The sidney-shelby county ymca foundation is formed to operate exclusively for the benefits of the young mens christian association of sidney & shelby county, a tax exempt organization, whose mission is to put christian principles into practice to benefit all shelby county residents through programs that build healthy spirit, mind and body for all. The ymca is an all inclusive organization. We serve all individuals regardless of their ability to pay.

Form 990, Page 2, Part III, Line 4A

The lee e schauer memorial scholarship was established in 1990 to honor the memory of lee e schauer, a student at sidney high school who suffered an accidental death in 1989, the summer before his senior year. The ymca encourages people to accept and demonstrate positive values in their lives like caring, honesty, respect and responsibility. Recipients are asked to articulate what these values mean to them and how they have demonstrated them in their lives. The scholarship has two important goals, to lovingly honor the memory of lee e schauer, and to make a significant difference in the life of the recipient. The 2019 scholarship amount was 12,000. In addition to the schauer scholarship, the ymca also offers the james lantz memorial scholarship. Jim died in 1986 at the age of 15. His family created the scholarship to honor jim's memory and to make a positive impact in the life of the recipient. The 2019 scholarship amount was 1,000.

Form 990, Page 2, Part III, Line 4D

Independent transfer of amount for benefit of ymca of sidney & shelby county.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SIDNEY-SHELBY COUNTY YMCA FOUNDATION IS FORMED TO OPERATE EXCLUSIVELY FOR THE BENEFITS OF THE YOUNG MENS CHRISTIAN ASSOCIATION OF SIDNEY & SHELBY COUNTY, A TAX EXEMPT ORGANIZATION, WHOSE MISSION IS TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE TO BENEFIT ALL SHELBY COUNTY RESIDENTS THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL. THE YMCA IS AN ALL INCLUSIVE ORGANIZATION. WE SERVE ALL INDIVIDUALS REGARDLESS OF THEIR ABILITY TO PAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE LEE E SCHAUER MEMORIAL SCHOLARSHIP WAS ESTABLISHED IN 1990 TO HONOR THE MEMORY OF LEE E SCHAUER, A STUDENT AT SIDNEY HIGH SCHOOL WHO SUFFERED AN ACCIDENTAL DEATH IN 1989, THE SUMMER BEFORE HIS SENIOR YEAR. THE YMCA ENCOURAGES PEOPLE TO ACCEPT AND DEMONSTRATE POSITIVE VALUES IN THEIR LIVES LIKE CARING, HONESTY, RESPECT AND RESPONSIBILITY. RECIPIENTS ARE ASKED TO ARTICULATE WHAT THESE VALUES MEAN TO THEM AND HOW THEY HAVE DEMONSTRATED THEM IN THEIR LIVES. THE SCHOLARSHIP HAS TWO IMPORTANT GOALS, TO LOVINGLY HONOR THE MEMORY OF LEE E SCHAUER, AND TO MAKE A SIGNIFICANT DIFFERENCE IN THE LIFE OF THE RECIPIENT. THE 2019 SCHOLARSHIP AMOUNT WAS 12,000. IN ADDITION TO THE SCHAUER SCHOLARSHIP, THE YMCA ALSO OFFERS THE JAMES LANTZ MEMORIAL SCHOLARSHIP. JIM DIED IN 1986 AT THE AGE OF 15. HIS FAMILY CREATED THE SCHOLARSHIP TO HONOR JIM'S MEMORY AND TO MAKE A POSITIVE IMPACT IN THE LIFE OF THE RECIPIENT. THE 2019 SCHOLARSHIP AMOUNT WAS 1,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INDEPENDENT TRANSFER OF AMOUNT FOR BENEFIT OF YMCA OF SIDNEY & SHELBY COUNTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE INDEPENDENT AUDIT REPORT IS REVIEWED BY THE BOARD OF DIRECTORS AND THE 990 IS PREPARED DIRECTLY FROM THE INDEPENDENT AUDIT REPORT. UPON COMPLETION, BEFORE SUBMISSION, THE 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SIDNEY-SHELBY COUNTY YMCA FOUNDATION'S CONFLICT OF INTEREST POLICY IS REVIEWED WITH ALL PROSPECTIVE BOARD MEMBERS AND MUST BE SIGNED BEFORE BECOMING AN OFFICIAL BOARD MEMBER. AN ANNUAL QUESTIONNAIRE IS REQUIRED BY EACH BOARD MEMBER, AND RESPONSES ARE MONITORED FOR TIMELINESS AND COMPLETENESS. PERIODIC REVIEWS ARE HELD. ANY DETERMINED CONFLICT OF INTEREST BY ANY MEMBER OF THE BOARD IS DOCUMENTED IN THE MEETING MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE YMCA OF SIDNEY & SHELBY COUNTY MAINTAINS A PUBLIC DISCLOSURE FILE FOR EACH YEAR CONTAINING OUR 990, AUDIT REPORT, ANNUAL REPORT OF THE ASSOCIATION, PROGRAM GUIDES AND PERTINENT POLICIES. THESE ITEMS ARE AVAILABLE UPON REQUEST TO ANY PERSON WHO SHOULD WISH TO SEE THEM. FINANCIAL STATEMENTS ARE DISTRIBUTED AND REVIEWED QUARTERLY AT EACH BOARD MEETING. CURRENTLY OUR 990 CAN BE ACCESSED FREE VIA THE INTERNET AT RESEARCH SITES DESIGNED FOR THIS PURPOSE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0INDIVIDUAL
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ED THOMAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09374929134
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SIDNEY-SHELBY CTY YMCA FOUNDATION
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.213.96.91
ReturnHeader/FilingSecurityInformation/IPDt02020-09-23
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ReturnHeader/FilingSecurityInformation/IPTm012:38:10
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LINDA J BALLINGER CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07045 STATE ROUTE 245
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ReturnHeader/ReturnTs02020-09-23T12:38:10-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31

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