Civic Intelligence

Two Rivers YMCA Inc.

990 • Fiscal year 2021 • EIN 36-2169199

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 10, 2022

2040 53rd StMoline, IL 61265

(309) 797-3945

Siviq Scores

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

Liabilities / Assets

45th percentile

0.13x

Higher debt load relative to assets than 45% of similar nonprofits.

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

Liabilities / Revenue

57th percentile

0.30x

Higher debt load relative to revenue than 57% of similar nonprofits.

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

Net Margin

83rd percentile

43%

Higher net margin than 83% of similar nonprofits.

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

Top Officer Pay

57th percentile

$191,432

Higher top officer pay than 57% 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

75th percentile

23%

Faster asset growth than 75% of similar nonprofits.

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

Revenue Growth

57th percentile

17%

Faster revenue growth than 57% of similar nonprofits.

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

Assets

Up

$23,786,118

Up $4,471,129 (+23%) from 2020

Net Assets

Up

$20,694,586

Up $4,611,280 (+29%) from 2020

Liabilities

Down

$3,091,532

Down $140,151 (-4.3%) from 2020

Revenue

Up

$10,454,032

Up $1,530,691 (+17%) from 2020

Expenses

Up

$5,907,286

Up $411,763 (+7.5%) from 2020

Net Income

Up

$4,546,746

Up $1,118,928 (+33%) from 2020

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $11,747,376Liabilities 2010: $5,135,072Net Assets 2010: $6,612,3042010Assets 2011: $11,191,825Liabilities 2011: $4,985,914Net Assets 2011: $6,205,9112011Assets 2012: $11,863,862Liabilities 2012: $4,815,899Net Assets 2012: $7,047,9632012Assets 2013: $12,130,353Liabilities 2013: $4,574,696Net Assets 2013: $7,555,6572013Assets 2014: $14,531,474Liabilities 2014: $4,477,952Net Assets 2014: $10,053,5222014Assets 2015: $15,693,394Liabilities 2015: $4,257,532Net Assets 2015: $11,435,8622015Assets 2016: $16,317,439Liabilities 2016: $4,670,742Net Assets 2016: $11,646,6972016Assets 2017: $17,080,127Liabilities 2017: $4,834,291Net Assets 2017: $12,245,8362017Assets 2018: $15,917,291Liabilities 2018: $4,082,320Net Assets 2018: $11,834,9712018Assets 2019: $16,019,652Liabilities 2019: $3,620,652Net Assets 2019: $12,399,0002019Assets 2020: $19,314,989Liabilities 2020: $3,231,683Net Assets 2020: $16,083,3062020Assets 2021: $23,786,118Liabilities 2021: $3,091,532Net Assets 2021: $20,694,5862021Assets 2022: $30,590,006Liabilities 2022: $6,251,322Net Assets 2022: $24,338,6842022Assets 2023: $31,141,056Liabilities 2023: $5,983,832Net Assets 2023: $25,157,2242023Assets 2024: $29,366,222Liabilities 2024: $3,612,605Net Assets 2024: $25,753,6172024

Highlighted filing

2021

Assets$23,786,118
Liabilities$3,091,532
Net Assets$20,694,586

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $4,771,7092010Expenses 2011: $5,172,9372011Expenses 2012: $4,859,8512012Revenue 2013: $5,214,575Expenses 2013: $4,856,031Net Income 2013: $358,5442013Revenue 2014: $7,631,992Expenses 2014: $5,080,623Net Income 2014: $2,551,3692014Revenue 2015: $6,643,834Expenses 2015: $5,113,585Net Income 2015: $1,530,2492015Revenue 2016: $5,171,800Expenses 2016: $5,173,465Net Income 2016: -$1,6652016Revenue 2017: $5,945,962Expenses 2017: $5,452,863Net Income 2017: $493,0992017Revenue 2018: $5,956,103Expenses 2018: $5,893,278Net Income 2018: $62,8252018Revenue 2019: $6,196,499Expenses 2019: $6,306,091Net Income 2019: -$109,5922019Revenue 2020: $8,923,341Expenses 2020: $5,495,523Net Income 2020: $3,427,8182020Revenue 2021: $10,454,032Expenses 2021: $5,907,286Net Income 2021: $4,546,7462021Revenue 2022: $8,310,334Expenses 2022: $6,780,190Net Income 2022: $1,530,1442022Revenue 2023: $8,678,189Expenses 2023: $8,811,076Net Income 2023: -$132,8872023Revenue 2024: $8,998,593Expenses 2024: $8,604,396Net Income 2024: $394,1972024

Highlighted filing

2021

Revenue$10,454,032
Expenses$5,907,286
Net Income$4,546,746
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 10, 2022
Return Version
2021v4.2
Gross Receipts
$12,462,869
Mission and Program Overview

Mission

The two rivers ymca is a family oriented organization committed to providing spiritual, mental, and physical development and leadership opportunities consistent with christian values for members and constituents through excellence in programs, services, and facilities.

Our mission promotes youth development, healthy living and social responsibility for all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,557,731$11,176,542▲ $1,618,811
Investments in Publicly Traded Securities$5,126,730$5,368,379▲ $241,649
Cash and Non-Interest-Bearing Accounts$888,974$3,119,637▲ $2,230,663
Pledges and Grants Receivable$2,706,991$2,683,416▼ $23,575
Savings and Temporary Cash Investments$12,811$406,719▲ $393,908
Accounts Receivable$162,413$263,751▲ $101,338
Prepaid Expenses and Deferred Charges$3,500$3,500→ $0
Receivable From Disqualified Prsn$0$0→ $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
Loans From Officers Directors$0$0→ $0
Total Assets$19,314,989$23,786,118▲ $4,471,129
Other Assets Total$855,839$764,174▼ $91,665
Liabilities
Tax Exempt Bond Liabilities$2,745,068$2,372,144▼ $372,924
Other Liabilities$354,760$398,061▲ $43,301
Accounts Payable and Accrued Expenses$109,058$272,782▲ $163,724
Deferred Revenue$22,797$48,545▲ $25,748
Grants Payable$0--
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Total Liabilities$3,231,683$3,091,532▼ $140,151
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,739,377$16,647,904▲ $3,908,527
Net Assets With Donor Restrictions$3,343,929$4,046,682▲ $702,753
Total Net Assets Fund Balance$16,083,306$20,694,586▲ $4,611,280
Total Liabilities and Net Assets / Fund Balance$19,314,989$23,786,118▲ $4,471,129

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,161,620$8,161,382-
Other Land Buildings$400,030--
Land$1,149,215--
Equipment$465,677$916,506-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-CEOFT$158,675$32,757$191,432

Board Members and Trustees

NameTitle
-Trustee Chair
-BOD President
-Director
-Trustee
-Trustee Secretary
-Trustee Treasurer
-BOD 1st Vice Presidient
-BOD 2nd Vice Presidient
-BOD Secretary
-BOD Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,463,797
Program Service Revenue
$3,104,123
Investment Income
$7,881
Other Revenue
$878,231
All Other Contributions
$3,627,342
Change in Net Assets
$4,546,746

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Commercial2$67,000Market value
Other Non Cash Contri Table1$2,425Market value
Total Noncash Contributions3$69,425-

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,416,427
Revenue Not Reported on Financial Statements
$37,605
Revenue Not Reported on Form 990
$728,522
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$11,144,949
Total Revenue per Form 990
$10,454,032
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,434,320
Other Expenses$2,472,966
Total Fundraising Expense$108,824
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,510,700$181,118$77,180$2,768,998
Depreciation Depletion$596,938--$596,938
Other Expenses$310,446$56,479$1,016$367,941
Occupancy$305,629$31$1,181$306,841
Payroll Taxes$182,495$10,209$5,902$198,606
Current Officers, Directors, Trustees, and Key Employees-$191,432-$191,432
Pension Plan Contributions$128,312$19,980$9,103$157,395
Office Expenses$139,141$744$112$139,997
All Other Expenses$125,257$931$4,246$130,434
Insurance$120,984$4,971$1,190$127,145
Other Employee Benefits$98,880$18,767$242$117,889
Interest$79,742--$79,742
Payments to Affiliates$57,870$34$6,512$64,416
Advertising$39,705-$1,784$41,489
Fees for Service Investment Mgmnt Fees-$37,605-$37,605
Travel$16,494$490$16$17,000
Fees for Services Accounting-$16,350-$16,350
Information Technology$5,899--$5,899
Conferences and Meetings$1,330$3,318-$4,648
Total Functional Expenses$5,255,913$542,549$108,824$5,907,286

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,183,669
Total Expenses per Form 990$5,907,286
Expenses per Audited Statements$5,869,681
Expenses Not Reported on Form 990$313,988
Expenses Not Reported on Financial Statements$37,605
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation$398,061

Bond Issues

BondIssuerIssuedIssue PricePurpose
AQuad Cities Regional Economic Development Authority2017-08-30$3,880,000Finance a portion of a capital development project and refinance 2002 bond issue.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$3,880,000$0$372,925$77,600
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Line 11B Review of form 990 by governing body

A special committee reviews the form 990 before a full copy is provided to the full board

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

The conflict of interest policy is distributed annually and full disclosure is obtained at that time.

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

A special committee is tasked to review the organization's compensation program. Various human resource tools are utilized, including the talent management task force of the ymca of the usa.

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

A special committee reviews the organization's compensation program. Various human resource tools are utilized including the talent management task force of the ymca of the usa. Every key employee are reviewed annually.

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

The public can access the organization's form 990 on guide star. A national internet resource for tax exempt organizations. The document is also available upon request at the ymca administration office.

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

- Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;

Filing and Contact Details

Filer

Filer Name
Two Rivers YMCA Inc
EIN
36-2169199
Phone
3097973945
Address
2040 53rd St, Moline, IL 61265

Signing Officer

Name
Michael Wennekamp
Title
CEO
Phone
3097973945
Signed
2022-06-10
Discuss with paid preparer
Yes

Organization Details

Formed
1885
Legal Domicile
Il
Voting Board Members
30
Independent Board Members
29
Employees
314
Volunteers
811

Preparer

Firm
Carpentier Mitchell Goddard & Co LLC
Address
4915 21st Avenue A, Moline, IL 61265
Preparer
James Taylor
Phone
3097623626
Supplemental Narrative

Financial Statement Notes

Schedule D, Part XI, Line 2(D) Other

Loss on disposal of land and equipment

Schedule D, Part XI, Line 2(D) Other revenues in audited financial statements not in form 990

Other - 298563

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IRS990/Desc0YOUTH DEVELOPMENT:Our YMCA is committed to nurturing the potential of every child and teen. We believe that all kids deserve the opportunity to discover who they are and what they can achieve. That is why we help young people cultivate the values, skills and relationships that lead to positive behaviors, better health and educational achievement. Our YMCA programs such as Y Winners, Y Solutions and school age care offer a range of experiences that enrich cognitive, social, physical and emotional growth.
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
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IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
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IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOD 1st Vice Presidient
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOD Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt24Trustee Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOD 2nd Vice Presidient
IRS990/Form990PartVIISectionAGrp/TitleTxt26BOD President
IRS990/Form990PartVIISectionAGrp/TitleTxt27BOD Treasurer
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IRS990/MissionDesc0THE TWO RIVERS YMCA IS A FAMILY ORIENTED ORGANIZATION COMMITTED TO PROVIDING SPIRITUAL, MENTAL, AND PHYSICAL DEVELOPMENT AND LEADERSHIP OPPORTUNITIES CONSISTENT WITH CHRISTIAN VALUES FOR MEMBERS AND CONSTITUENTS THROUGH EXCELLENCE IN PROGRAMS, SERVICES, AND FACILITIES.
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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.$29.4$3.61$25.8$9.00$8.60$0.39
2023Detailed filing. Detailed filing data is available for this year.$31.1$5.98$25.2$8.68$8.81$0.13
2022Detailed filing. Detailed filing data is available for this year.$30.6$6.25$24.3$8.31$6.78$1.53
2021Detailed filing. Detailed filing data is available for this year.$23.8$3.09$20.7$10.5$5.91$4.55
2020Detailed filing. Detailed filing data is available for this year.$19.3$3.23$16.1$8.92$5.50$3.43
2019Detailed filing. Detailed filing data is available for this year.$16.0$3.62$12.4$6.20$6.31$0.11
2018Detailed filing. Detailed filing data is available for this year.$15.9$4.08$11.8$5.96$5.89$0.06
2017Detailed filing. Detailed filing data is available for this year.$17.1$4.83$12.2$5.95$5.45$0.49
2016Detailed filing. Detailed filing data is available for this year.$16.3$4.67$11.6$5.17$5.17$0.00
2015Detailed filing. Detailed filing data is available for this year.$15.7$4.26$11.4$6.64$5.11$1.53
2014Detailed filing. Detailed filing data is available for this year.$14.5$4.48$10.1$7.63$5.08$2.55
2013Detailed filing. Detailed filing data is available for this year.$12.1$4.57$7.56$5.21$4.86$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$4.82$7.05$4.86
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.2$4.99$6.21$5.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.7$5.14$6.61$4.77