Civic Intelligence

Bloomington-Normal YMCA Charitable Foundation Nfp

990 • Fiscal year 2021 • EIN 35-2165874

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 08, 2022

602 S MainBloomington, IL 61701

(309) 827-6233

Siviq Scores

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

Liabilities / Assets

75th percentile

0.48x

Higher debt load relative to assets than 75% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

78th percentile

0.82x

Higher debt load relative to revenue than 78% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

4th percentile

-67%

Higher net margin than 4% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

32nd percentile

$125,365

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

10th percentile

-5.5%

Faster asset growth than 10% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

90th percentile

120%

Faster revenue growth than 90% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Down

$12,002,532

Down $700,949 (-5.5%) from 2020

Net Assets

Down

$6,267,509

Down $5,058,478 (-45%) from 2020

Liabilities

Up

$5,735,023

Up $4,357,529 (+316%) from 2020

Revenue

Up

$7,012,515

Up $3,829,590 (+120%) from 2020

Expenses

Up

$11,696,128

Up $10,092,794 (+629%) from 2020

Net Income

Down

-$4,683,613

Down $6,263,204 (-397%) from 2020

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2012: $1,017,462Liabilities 2012: $836,181Net Assets 2012: $181,2812012Assets 2013: $1,219,689Liabilities 2013: $1,040,971Net Assets 2013: $178,7182013Assets 2014: $1,230,233Liabilities 2014: $1,048,944Net Assets 2014: $181,2892014Assets 2015: $1,339,960Liabilities 2015: $1,157,114Net Assets 2015: $182,8462015Assets 2016: $1,587,770Liabilities 2016: $1,273,127Net Assets 2016: $314,6432016Assets 2017: $1,709,256Liabilities 2017: $1,280,905Net Assets 2017: $428,3512017Assets 2018: $9,700,985Liabilities 2018: $1,296,793Net Assets 2018: $8,404,1922018Assets 2019: $10,910,725Liabilities 2019: $1,343,557Net Assets 2019: $9,567,1682019Assets 2020: $12,703,481Liabilities 2020: $1,377,494Net Assets 2020: $11,325,9872020Assets 2021: $12,002,532Liabilities 2021: $5,735,023Net Assets 2021: $6,267,5092021Assets 2024: $5,716,420Liabilities 2024: $4,873,139Net Assets 2024: $843,2812024

Highlighted filing

2021

Assets$12,002,532
Liabilities$5,735,023
Net Assets$6,267,509

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2012: $5352012Revenue 2013: $202,022Expenses 2013: $203,237Net Income 2013: -$1,2152013Revenue 2014: $1,977Expenses 2014: $648Net Income 2014: $1,3292014Revenue 2015: $102,500Expenses 2015: $101,188Net Income 2015: $1,3122015Revenue 2016: $323,006Expenses 2016: $188,604Net Income 2016: $134,4022016Revenue 2017: $263,103Expenses 2017: $152,386Net Income 2017: $110,7172017Revenue 2018: $3,971,589Expenses 2018: $118,110Net Income 2018: $3,853,4792018Revenue 2019: $1,258,447Expenses 2019: $195,392Net Income 2019: $1,063,0552019Revenue 2020: $3,182,925Expenses 2020: $1,603,334Net Income 2020: $1,579,5912020Revenue 2021: $7,012,515Expenses 2021: $11,696,128Net Income 2021: -$4,683,6132021Revenue 2024: $652,531Expenses 2024: $1,280,841Net Income 2024: -$628,3102024

Highlighted filing

2021

Revenue$7,012,515
Expenses$11,696,128
Net Income-$4,683,613
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 8, 2022
Return Version
2021v4.0
Gross Receipts
$11,951,465
Mission and Program Overview

Mission

The bloomington-normal ymca charitable foundation exists for the sole purpose of financially supporting the bloomington-normal ymca which is a community social organization that includes men, women, and children of all ages, races, abilities, incomes, and religions bound together by a cause to increase opportunities for youth development, healthy living, and social responsibility.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$5,801,858$10,516,075▲ $4,714,217
Accounts Receivable$243,983$736,963▲ $492,980
Savings and Temporary Cash Investments$384,882$412,258▲ $27,376
Investments in Publicly Traded Securities$6,272,758$337,236▼ $5,935,522
Total Assets$12,703,481$12,002,532▼ $700,949
Liabilities
Unsecured Notes Loans Payable-$5,572,830-
Other Liabilities$1,377,494$162,193▼ $1,215,301
Total Liabilities$1,377,494$5,735,023▲ $4,357,529
Net Assets / Fund Balance
Net Assets With Donor Restrictions$11,195,748$6,208,770▼ $4,986,978
Net Assets Without Donor Restrictions$130,239$58,739▼ $71,500
Total Net Assets Fund Balance$11,325,987$6,267,509▼ $5,058,478
Total Liabilities and Net Assets / Fund Balance$12,703,481$12,002,532▼ $700,949
Compensation and Service Providers

Employees

NameTitleOtherTotal
Bj WilkenSecretary$125,365$125,365

Board Members and Trustees

NameTitle
Rick PennPresident
Bill WetzelTrustee
Christy BazanTrustee
Jim ShirkTrustee
John RobertsonTrustee
Julie DobskiTrustee
Paul SmithTrustee
Peter BrandtTrustee
Paul JeffersonTreasurer
Steve SnyderVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$6,956,177
Program Service Revenue
$0
Investment Income
$56,338
Other Revenue
$0
All Other Contributions
$6,956,177
Change in Net Assets
$-4,683,613

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,995,866
Revenue Not Reported on Financial Statements
$16,649
Revenue Not Reported on Form 990
$-24,865
Total Revenue per Audited Statements
$6,971,001
Total Revenue per Form 990
$7,012,515
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,696,128
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
Interest$32,890--$32,890
Fees for Service Investment Mgmnt Fees-$16,649-$16,649
Other Expenses$14,940--$14,940
Total Functional Expenses$11,679,479$16,649$0$11,696,128

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$11,696,128
Expenses per Audited Statements$11,679,479
Total Expenses per Audited Statements$11,679,479
Expenses Not Reported on Financial Statements$16,649
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
Beneficial Interest to Ymca$137,839
Loan Interest Payable$24,354
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

The board of trustees will review and approve the 990 before filing and publicizing.

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

Each year, trustees are required to complete the conflict of interest ques tionnaire, disclosing potential conflicts.

Form 990, Page 6, Part VI, Line 19

These documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Bloomington-normal Ymca Charitable
EIN
35-2165874
Phone
3098276233
Address
602 S MAIN, BLOOMINGTON, IL 61701

Signing Officer

Name
Bj Wilken
Title
Secretary
Phone
3098276233
Signed
2022-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bj Wilken
Formed
2003
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
11

Preparer

Firm
Mck Cpas & Advisors
Address
202 N PROSPECT ROAD SUITE 206, BLOOMINGTON, IL 61704
Preparer
Craig T Negangard
Phone
3098286071
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The bloomington-normal ymca charitable foundation exists for the sole purpose of financially supporting the bloomington-normal ymca which is a community social organization that includes men, women, and children of all ages, races, abilities, incomes, and religions bound together by a cause to increase opportunities for youth development, healthy living, and social responsibility.

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IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ALL EXPENDITURES FOR THE FOUNDATION WERE FOR A) DIRECT CONTRIBUTIONS TO THE SUPPORTED ORGANIZATION OR B) EXPENDITURES RELATED TO RAISING FUNDS FOR A NEW FACILITY FOR THE SUPPORTED ORGANIZATION
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1WITHOUT THE FOUNDATION, THE SUPPORTED ORGANIZATION WOULD STILL BE LOOKING TO SUPPLEMENT ITS MISION AND RAISE FUNDS FOR A NEW FACILITY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION E, LINE 2A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 2B
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt07295728
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0YMCA OF BLOOMINGTON-NORMAL
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IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt07295728
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/ExpensesNotRptFinclStmtAmt016649
IRS990ScheduleD/ExpensesSubtotalAmt011679479
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt016649
IRS990ScheduleD/InvestmentExpensesNotIncldAmt016649
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-24865
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0137839
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt124354
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BENEFICIAL INTEREST TO YMCA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LOAN INTEREST PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt0-24865
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt016649
IRS990ScheduleD/RevenueSubtotalAmt06995866
IRS990ScheduleD/TotalExpensesPerForm990Amt011696128
IRS990ScheduleD/TotalLiabilityAmt0162193
IRS990ScheduleD/TotalRevenuePerForm990Amt07012515
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06971001
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011679479
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BLOOMINGTON-NORMAL YMCA CHARITABLE FOUNDATION EXISTS FOR THE SOLE PURPOSE OF FINANCIALLY SUPPORTING THE BLOOMINGTON-NORMAL YMCA WHICH IS A COMMUNITY SOCIAL ORGANIZATION THAT INCLUDES MEN, WOMEN, AND CHILDREN OF ALL AGES, RACES, ABILITIES, INCOMES, AND RELIGIONS BOUND TOGETHER BY A CAUSE TO INCREASE OPPORTUNITIES FOR YOUTH DEVELOPMENT, HEALTHY LIVING, AND SOCIAL RESPONSIBILITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF TRUSTEES WILL REVIEW AND APPROVE THE 990 BEFORE FILING AND PUBLICIZING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH YEAR, TRUSTEES ARE REQUIRED TO COMPLETE THE CONFLICT OF INTEREST QUES TIONNAIRE, DISCLOSING POTENTIAL CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BLOOMINGTON
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IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt011614149
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1736963
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ACTUAL CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0YMCA OF BLOOMINGTON-NORMAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1YMCA OF BLOOMINGTON-NORMAL
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt012703481
IRS990/TotalAssetsEOYAmt012002532
IRS990/TotalAssetsGrp/BOYAmt012703481
IRS990/TotalAssetsGrp/EOYAmt012002532
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt06956177
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016649
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt011679479
IRS990/TotalFunctionalExpensesGrp/TotalAmt011696128
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01377494
IRS990/TotalLiabilitiesEOYAmt05735023
IRS990/TotalLiabilitiesGrp/BOYAmt01377494
IRS990/TotalLiabilitiesGrp/EOYAmt05735023
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt011325987
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06267509
IRS990/TotalOtherCompensationAmt021365
IRS990/TotalProgramServiceExpensesAmt011679479
IRS990/TotalRevenueGrp/ExclusionAmt061800
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-5462
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07012515
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt012703481
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt012002532
IRS990/TotReportableCompRltdOrgAmt0104000
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt05572830
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0602 S MAIN
IRS990/USAddress/CityNm0BLOOMINGTON
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd061701
IRS990/VotingMembersGoverningBodyCnt09

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