Civic Intelligence

Kosciusko Community YMCA Inc.

990 • Fiscal year 2016 • EIN 35-1068182

Jan 01, 2016 to Dec 31, 2016 • Filed on May 12, 2017

1305 Mariners DriveWarsaw, IN 46582

(574) 269-9622

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.56x

Higher debt load relative to assets than 73% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

92nd percentile

4.42x

Higher debt load relative to revenue than 92% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

31st percentile

-1.2%

Higher net margin than 31% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

10th percentile

$87,928

Higher top officer pay than 10% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

12th percentile

-6.8%

Faster asset growth than 12% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

34th percentile

-2.2%

Faster revenue growth than 34% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Down

$33,086,095

Down $2,397,279 (-6.8%) from 2015

Net Assets

Down

$14,660,297

Down $456,264 (-3.0%) from 2015

Liabilities

Down

$18,425,798

Down $1,941,015 (-9.5%) from 2015

Revenue

Down

$4,168,188

Down $92,324 (-2.2%) from 2015

Expenses

Up

$4,216,516

Up $123,820 (+3.0%) from 2015

Net Income

Down

-$48,328

Down $216,144 (-129%) from 2015

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2014: $28,903,896Liabilities 2014: $10,357,000Net Assets 2014: $18,546,8962014Assets 2015: $35,483,374Liabilities 2015: $20,366,813Net Assets 2015: $15,116,5612015Assets 2016: $33,086,095Liabilities 2016: $18,425,798Net Assets 2016: $14,660,2972016Assets 2017: $31,817,831Liabilities 2017: $16,281,839Net Assets 2017: $15,535,9922017Assets 2018: $30,267,966Liabilities 2018: $14,571,204Net Assets 2018: $15,696,7622018Assets 2019: $31,415,322Liabilities 2019: $14,046,211Net Assets 2019: $17,369,1112019Assets 2020: $31,787,512Liabilities 2020: $13,484,888Net Assets 2020: $18,302,6242020Assets 2021: $21,445,213Liabilities 2021: $320,079Net Assets 2021: $21,125,1342021Assets 2022: $20,803,430Liabilities 2022: $293,598Net Assets 2022: $20,509,8322022Assets 2023: $21,377,685Liabilities 2023: $196,532Net Assets 2023: $21,181,1532023Assets 2024: $21,400,563Liabilities 2024: $135,689Net Assets 2024: $21,264,8742024

Highlighted filing

2016

Assets$33,086,095
Liabilities$18,425,798
Net Assets$14,660,297

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $1,209,599Expenses 2014: $2,392,706Net Income 2014: -$1,183,1072014Revenue 2015: $4,260,512Expenses 2015: $4,092,696Net Income 2015: $167,8162015Revenue 2016: $4,168,188Expenses 2016: $4,216,516Net Income 2016: -$48,3282016Revenue 2017: $4,185,335Expenses 2017: $4,277,474Net Income 2017: -$92,1392017Revenue 2018: $4,640,381Expenses 2018: $4,456,301Net Income 2018: $184,0802018Revenue 2019: $4,053,389Expenses 2019: $3,718,780Net Income 2019: $334,6092019Revenue 2020: $3,617,461Expenses 2020: $3,113,040Net Income 2020: $504,4212020Revenue 2021: $3,477,092Expenses 2021: $3,170,401Net Income 2021: $306,6912021Revenue 2022: $4,598,129Expenses 2022: $4,037,604Net Income 2022: $560,5252022Revenue 2023: $4,456,585Expenses 2023: $4,308,012Net Income 2023: $148,5732023Revenue 2024: $4,446,078Expenses 2024: $4,599,318Net Income 2024: -$153,2402024

Highlighted filing

2016

Revenue$4,168,188
Expenses$4,216,516
Net Income-$48,328
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 12, 2017
Return Version
2016v3.0
Gross Receipts
$7,093,423
Mission and Program Overview

Mission

A volunteer led public charity of men, women and children of all ages, abilities, races and religions. Our mission is to put christian principles into practice through programs that build healthy spirit, mind and body for all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,020,125$13,978,430▼ $1,041,695
Other Notes and Loans Receivable, Net$10,275,750$10,275,750→ $0
Investments in Publicly Traded Securities$5,007,727$5,143,508▲ $135,781
Savings and Temporary Cash Investments$1,819,929$2,007,985▲ $188,056
Pledges and Grants Receivable$3,359,328$1,483,479▼ $1,875,849
Cash and Non-Interest-Bearing Accounts$515$515→ $0
Accounts Receivable$0$0→ $0
Receivable From Disqualified Prsn$0--
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0--
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$35,483,374$33,086,095▼ $2,397,279
Other Assets Total$0$196,428▲ $196,428
Liabilities
Mortgage Notes Payable Secured by Investment Property$19,820,431$17,856,081▼ $1,964,350
Accounts Payable and Accrued Expenses$546,382$569,717▲ $23,335
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$20,366,813$18,425,798▼ $1,941,015
Net Assets / Fund Balance
Unrestricted Net Assets$8,760,686$9,932,033▲ $1,171,347
Permanently Rstr Net Assets$2,934,972$3,131,400▲ $196,428
Temporarily Rstr Net Assets$3,420,903$1,596,864▼ $1,824,039
Total Net Assets Fund Balance$15,116,561$14,660,297▼ $456,264
Total Liabilities and Net Assets / Fund Balance$35,483,374$33,086,095▼ $2,397,279

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,468,701$728,296$14,196,997
Equipment$369,729$252,850$622,579
Land$140,000-$140,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$2,827,013$196,428▲ $154,769$0$3,178,210
2015$3,619,881-▼ $99,934$689,194$2,827,013
2014$3,199,716$250,000▲ $183,054$12,889$3,619,881
2013$3,070,348$9,877▲ $134,241$12,749$3,199,716
2012$2,980,275$10,103▲ $105,048$12,239$3,070,348
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-CEOFT$86,928$1,000$87,928
-Director of FinanceFT$63,672$12,143$75,815

Board Members and Trustees

NameTitle
-President
-Vice President
-Board Member
-Secretary
-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$758,581
Program Service Revenue
$3,069,452
Investment Income
$339,440
Other Revenue
$715
All Other Contributions
$758,581
Change in Net Assets
$-48,328

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,953,926
Revenue Not Reported on Financial Statements
$214,262
Revenue Not Reported on Form 990
$114,064
Other Revenue Adjustments
$191,010
Total Revenue per Audited Statements
$4,067,990
Total Revenue per Form 990
$4,168,188
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,151,724
Salaries, Compensation, and Employee Benefits$1,873,782
Grants and Similar Amounts Paid$191,010
Total Fundraising Expense$46,873
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,301,399$181,591$30,265$1,513,255
Occupancy$856,106$116,742$0$972,848
Depreciation Depletion$525,266$0$0$525,266
Fees for Services Other$182,196$25,423$4,237$211,856
Grants to Domestic Individuals$191,010--$191,010
Office Expenses$151,442$21,131$3,522$176,095
Payroll Taxes$102,645$14,323$2,387$119,355
Current Officers, Directors, Trustees, and Key Employees$0$86,928$0$86,928
Other Employee Benefits$68,767$9,596$1,599$79,962
Pension Plan Contributions$63,882$8,914$1,486$74,282
Information Technology$46,182$6,444$1,074$53,700
Travel$0$31,785$0$31,785
Other Expenses$20,956$2,924$487$24,367
Fees for Service Investment Mgmnt Fees$0$23,252$0$23,252
Fees for Services Accounting$0$20,200$0$20,200
Conferences and Meetings$12,676$1,768$295$14,739
Insurance$11,837$1,614$0$13,451
Interest$0$8,138$0$8,138
Advertising$6,998$976$163$8,137
Total Functional Expenses$3,599,747$569,896$46,873$4,216,516

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,216,516
Expenses per Audited Statements$4,002,254
Total Expenses per Audited Statements$4,002,254
Expenses Not Reported on Financial Statements$214,262
Other Expense Adjustments$191,010
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$715
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0--
Receivables from Disqualified Persons$0--
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B Review of form 990 by governing body

The form 990 is reviewed in detail by the ceo and the board. It is also reviewed by an independent cpa firm prior to submission to the irs.

Form 990, Part VI, Line 12C Conflict of interest policy

A conflict of interest policy is provided to all board members and key employees each year and all conflicts disclosed are reviewed by a board committee. Any director having a duality of interest or possible conflict of interest on any matter shall not vote or use personal influence on the matter, and shall not be counted in determining the quorum for the meeting, even when permitted by law. The minutes of the meeting should reflect that a disclosure was made, the abstention from voting, and the quorum status.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

Ceo compensation is set in accordance with experience qualification market survey information and is used to determine appropriateness of individual compensation as part of the annual review and budgeting process. This review is preformed by management.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

Key employee compensation is set in accordance with experience qualifications and market survey information and is used to determine appropriateness of individual compensation as part of the annual review and budgeting process. These reviews are preformed by management.

Form 990, Part VI, Line 19 Required documents available to the public

The organization makes the form 990, governing documents, conflict of interest policy and financial statements available by written request to the ceo.

Form 990, Part VIII, Line 2F Other Program Service Revenue

Other Program Revenue - Total Revenue: 150062, Related or Exempt Function Revenue: 150062, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Childcare Revenue -- Infant/Toddler/Preschool - Total Revenue: 0, Related or Exempt Function Revenue: 0, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;

Filing and Contact Details

Filer

Filer Name
Kosciusko Community Ymca Inc
EIN
35-1068182
Phone
5742699622
Address
1305 MARINERS DRIVE, WARSAW, IN 46582

Signing Officer

Name
James Swanson
Title
CEO
Signed
2017-05-12
Discuss with paid preparer
Yes

Organization Details

Formed
1962
Legal Domicile
In
Voting Board Members
16
Independent Board Members
16
Employees
332
Volunteers
210

Preparer

Firm
Bkd Llp
Address
200 E Main Street Suite 700, Fort Wayne, IN 46802
Preparer
Lauren R Denton
Phone
2604604000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Transfer from kosciusko building corporation - -522000;

Financial Statement Notes

Schedule D, Part V, Line 4 Intended uses of endowment funds

Board designated endowments are used at the discretion of the Board and may be used for maintenance, new equipment or other capital purchases. Permanent endowments are maintained in perpetuity with the earnings available for operations.

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

Schedule D, Part XI, Line 4(B) Other revenues in form 990 not in audited financial statements

Scholarship reclass - 191010

Schedule D, Part XII, Line 4(B) Other expenses in form 990 not in audited financial statements

Scholarship reclass - 191010

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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt1CHRIS FRAZZETTA
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt2MONICA KENDRICK
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt3MIKE GAVIN
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt4CINDY BARNETT
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt5GREG COBB
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt6DAVID HOFFERT
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt7FABIOLA HOLSCLAW
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt8BRIAN PETERSON
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt9DAVID PHELPS
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt10SCOTT REUST
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt11MICHEL SLAVKIN
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt12JIM SWANSON
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt13LESLIE WILDMAN
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt14Curtis Smith
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt15Roberta Kelzer
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt16CHAD ZAUCHA (LEFT 102016)
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt17STACEY ANDERSON
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