Civic Intelligence

St. Cloud Area Family YMCA

990 • Fiscal year 2017 • EIN 41-0952420

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 12, 2018

2001 Stockinger DriveSt Cloud, MN 56303

(320) 253-2664

Siviq Scores

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

Liabilities / Assets

39th percentile

0.16x

Higher debt load relative to assets than 39% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

82nd percentile

1.44x

Higher debt load relative to revenue than 82% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

27th percentile

-1.7%

Higher net margin than 27% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

14th percentile

$117,378

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

98th percentile

136%

Faster asset growth than 98% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

85th percentile

38%

Faster revenue growth than 85% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Assets

Up

$32,994,605

Up $19,019,843 (+136%) from 2016

Net Assets

Up

$27,864,529

Up $17,836,337 (+178%) from 2016

Liabilities

Up

$5,130,076

Up $1,183,506 (+30%) from 2016

Revenue

Up

$3,558,235

Up $975,981 (+38%) from 2016

Expenses

Up

$3,618,714

Up $1,168,859 (+48%) from 2016

Net Income

Down

-$60,479

Down $192,878 (-146%) from 2016

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $2,263,102Liabilities 2010: $469,689Net Assets 2010: $1,793,4132010Assets 2011: $2,215,003Liabilities 2011: $415,718Net Assets 2011: $1,799,2852011Assets 2012: $2,216,933Liabilities 2012: $423,413Net Assets 2012: $1,793,5202012Assets 2013: $2,177,639Liabilities 2013: $395,597Net Assets 2013: $1,782,0422013Assets 2014: $6,147,271Liabilities 2014: $378,891Net Assets 2014: $5,768,3802014Assets 2015: $11,322,365Liabilities 2015: $1,482,075Net Assets 2015: $9,840,2902015Assets 2016: $13,974,762Liabilities 2016: $3,946,570Net Assets 2016: $10,028,1922016Assets 2017: $32,994,605Liabilities 2017: $5,130,076Net Assets 2017: $27,864,5292017Assets 2018: $31,599,211Liabilities 2018: $3,128,157Net Assets 2018: $28,471,0542018Assets 2019: $31,593,852Liabilities 2019: $2,878,127Net Assets 2019: $28,715,7252019Assets 2020: $31,718,329Liabilities 2020: $2,663,519Net Assets 2020: $29,054,8102020Assets 2021: $32,979,172Liabilities 2021: $2,645,695Net Assets 2021: $30,333,4772021Assets 2022: $33,023,652Liabilities 2022: $2,331,718Net Assets 2022: $30,691,9342022Assets 2023: $39,808,722Liabilities 2023: $2,144,029Net Assets 2023: $37,664,6932023Assets 2024: $40,783,560Liabilities 2024: $2,056,343Net Assets 2024: $38,727,2172024

Highlighted filing

2017

Assets$32,994,605
Liabilities$5,130,076
Net Assets$27,864,529

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $1,887,8032010Expenses 2011: $1,941,5262011Expenses 2012: $1,973,1742012Revenue 2013: $2,140,199Expenses 2013: $2,151,717Net Income 2013: -$11,5182013Revenue 2014: $6,367,755Expenses 2014: $2,381,461Net Income 2014: $3,986,2942014Revenue 2015: $6,522,311Expenses 2015: $2,450,273Net Income 2015: $4,072,0382015Revenue 2016: $2,582,254Expenses 2016: $2,449,855Net Income 2016: $132,3992016Revenue 2017: $3,558,235Expenses 2017: $3,618,714Net Income 2017: -$60,4792017Revenue 2018: $5,091,085Expenses 2018: $4,335,621Net Income 2018: $755,4642018Revenue 2019: $5,159,308Expenses 2019: $4,772,171Net Income 2019: $387,1372019Revenue 2020: $4,542,140Expenses 2020: $4,077,519Net Income 2020: $464,6212020Revenue 2021: $5,570,738Expenses 2021: $4,119,538Net Income 2021: $1,451,2002021Revenue 2022: $6,152,545Expenses 2022: $5,360,378Net Income 2022: $792,1672022Revenue 2023: $12,806,724Expenses 2023: $5,912,850Net Income 2023: $6,893,8742023Revenue 2024: $7,245,183Expenses 2024: $6,225,930Net Income 2024: $1,019,2532024

Highlighted filing

2017

Revenue$3,558,235
Expenses$3,618,714
Net Income-$60,479
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 12, 2018
Return Version
2017v2.2
Gross Receipts
$3,646,749
Mission and Program Overview

Mission

Our mission is to put christian principles into practice through programs that promote healthy lifestyles, strong families and positive youth development to build a healthy spirit, mind and body for all, regardless of ability to pay. The st. Cloud area family ymca was founded by volunteers, was chartered with the ymca of the usa and incorporated in the state of minnesota on july 23, 1969. The ymca seeks to meet the needs of the st cloud community through youth development, healthy living and social responsibility by providing life changing programs to all ages, incomes, genders, races, faiths and abilities.

St. Cloud Area Family YMCA's mission is to put Christian principles into practice through programs that build healthy spirit, mind and body for all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$4,113,420$20,702,993▲ $16,589,573
Savings and Temporary Cash Investments$5,812,374$1,376,538▼ $4,435,836
Land, Buildings, and Equipment, Net$1,222,728$1,171,563▼ $51,165
Cash and Non-Interest-Bearing Accounts$286,909$921,871▲ $634,962
Accounts Receivable$28,185$102,613▲ $74,428
Prepaid Expenses and Deferred Charges$25,435$26,665▲ $1,230
Inventories for Sale or Use$2,942$3,064▲ $122
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Investments in Publicly Traded Securities$0--
Intangible Assets$0$0→ $0
Total Assets$13,974,762$32,994,605▲ $19,019,843
Other Assets Total$2,482,769$8,689,298▲ $6,206,529
Liabilities
Mortgage Notes Payable Secured by Investment Property$229,221$3,561,965▲ $3,332,744
Deferred Revenue$1,181,752$1,143,102▼ $38,650
Accounts Payable and Accrued Expenses$173,897$227,969▲ $54,072
Other Liabilities$2,361,700$197,040▼ $2,164,660
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$3,946,570$5,130,076▲ $1,183,506
Net Assets / Fund Balance
Temporarily Rstr Net Assets$8,093,210$17,881,221▲ $9,788,011
Unrestricted Net Assets$1,934,982$9,983,308▲ $8,048,326
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$10,028,192$27,864,529▲ $17,836,337
Total Liabilities and Net Assets / Fund Balance$13,974,762$32,994,605▲ $19,019,843

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,171,563$272,775$1,444,338
Other Assets Org$8,689,298--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-Executive DirectorFT$99,369$18,009$117,378
-Finance DirectorFT$47,760$14,729$62,489

Board Members and Trustees

NameTitle
-President
-Vice President
-Board Member
-Board Member (Partial Year)
-Secretary
-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$555,899
Program Service Revenue
$2,833,416
Investment Income
$5,480
Other Revenue
$163,440
All Other Contributions
$411,984
Change in Net Assets
$-60,479

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,558,235
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$18,093,923
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$21,652,158
Total Revenue per Form 990
$3,558,235
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,851,374
Other Expenses$1,393,564
Grants and Similar Amounts Paid$373,776
Total Fundraising Expense$108,525
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,280,434$138,656$44,604$1,463,694
Occupancy$405,540$8,902$0$414,442
Grants to Domestic Individuals$373,776--$373,776
Depreciation Depletion$268,883$0$0$268,883
Office Expenses$189,327$53,121$2,193$244,641
Current Officers, Directors, Trustees, and Key Employees$0$168,820$30,968$199,788
Payroll Taxes$93,954$18,809$5,172$117,935
Interest$93,329$1,558$0$94,887
Payments to Affiliates$57,425$12,303$1,774$71,502
Advertising$39,310$430$21,571$61,311
Information Technology$28,455$26,961$0$55,416
Fees for Services Other$47,067$5,778$0$52,845
Other Employee Benefits$36,608$10,394$1,535$48,537
Insurance$29,096$8,188$0$37,284
Other Expenses$25,254$4,212$0$29,466
Pension Plan Contributions$19,146$2,274$0$21,420
Travel$11,248$3,356$0$14,604
Fees for Services Accounting$0$14,025$0$14,025
Conferences and Meetings$6,036$4,861$0$10,897
Fees for Services Legal$0$0$708$708
Total Functional Expenses$3,027,541$482,648$108,525$3,618,714

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,856,313
Total Expenses per Form 990$3,618,714
Expenses per Audited Statements$3,244,938
Expenses Not Reported on Form 990$611,375
Expenses Not Reported on Financial Statements$373,776
Other Expense Adjustments$373,776
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$87,825
Fundraising Gross Income$33,997
Gaming Gross Income$725
Gaming Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Promenade$74,565$7,910$3,240$4,670
Golf$21,073$3,868$247$3,621
Total Events$139,962$22,982$30,049$-7,067
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Government$197,040
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 11B Review of form 990 by governing body

The finance committee reviewed and approved the form 990 and presented it to the board for final approval before it was filed with the irs .

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

All board members and the executive director are required to disclose potential conflicts of interest annually and sign a conflict of interest policy statement. Board members must abstain from voting on any issues where there is a potential conflict of interest.

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

The compensation of the executive director is approved annually by the board of directors.

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

A summary version of the financial statements are published in the annual report and also is available upon request.

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
St Cloud Area Family YMCA
EIN
41-0952420
Phone
3202532664
Address
2001 Stockinger Drive, St Cloud, MN 56303

Signing Officer

Name
Greg Gack
Title
Executive Director
Signed
2018-06-12
Discuss with paid preparer
Yes

Organization Details

Formed
1969
Legal Domicile
Mn
Voting Board Members
15
Independent Board Members
15
Employees
329
Volunteers
226

Preparer

Firm
BerganKDV Ltd
Address
220 Park Avenue South, St Cloud, MN 56301
Preparer
Marie Schmitz CPA
Phone
3202517010
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

There has been no change to this process from prior year. The finance committee assumes responsibility for oversight of the audit of the financial statements and the selection of an independent accountant.

Financial Statement Notes

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

Financial aid to participants is shown as a reduction of revenue on the audited financial statements. On the 990, it is presented as an expense on Line 2 of Part IX.

Schedule D, Part XII, Line 4(B) Explanation

Financial aid to participants is shown as a reduction of revenue on the audited financial statements. On the 990, it is presented as an expense on Line 2 of Part IX.

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

The organization is required to assess whether any uncertain tax positions exist and if there should be recognition of a related benefit or liability in the financial statements. The organization has determined there are no amounts to record as assets or liabilities related to uncertain tax positions.

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

Financial aid, shown on audited financials as a reduction in revenue, is reported as grants to individuals on 990, page 10. - -373776 Loss on disposal of equipment - 689

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

Financial aid, shown on audited financials as a reduction in revenue, is reported as grants to individuals on 990, page 10. - 373776

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IRS990/Desc0Our YMCA is committed to nurturing the potential of every child and teen, as well as our adults. Membership and program scholarships allow participants to join the YMCA on a scale prorated to their ability to pay, free from any possible social stigma from low income. Based on the federal free lunch program, participants may pay as little as 40% of the normal costs for membership and/or program participation. During 2017, our YMCA provided 913 individual or family units with scholarshipped memberships and subsidized the membership fees for 371 St. Cloud Technical and Community College students and nontraditional students, amounting to $337,966 of financial assistance for memberships alone. The YMCA also provided scholarships for swim lessons, swim team, youth sports, summer and vacation camp, home school fitness program participants and child care in the amount of $22,716. We continue to provide free memberships for OIF/OEF families while the service person is deployed, and six months of additional free membership for the veteran and family upon the veteran's return. In 2017, this assistance amounted to $268 and provides full facility and program participation for the veteran and their families. All our members, including those on scholarships, also receive discounted program rates, usually $20 per program, which is another way we assist those who may not have been able to participate.
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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt10Aaron Crandall
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt11Becky Estby
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt12Kurt Otto
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt13Mary Hondl
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt14John Torgerson
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt15Wendy Hulsebus
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt16Greg Gack
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt17Terese Vander Eyk
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member (Partial Year)
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Finance Director
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IRS990/FormationYr01969
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IRS990/FundraisingGrossIncomeAmt033997
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IRS990/GrossSalesOfInventoryAmt08633
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IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
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IRS990/InfoInScheduleOPartVIIIInd0X
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IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt026961
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IRS990/MissionDesc0St. Cloud Area Family YMCA's mission is to put Christian principles into practice through programs that promote healthy lifestyles, strong families and positive youth development to build healthy spirit, mind and body for all, regardless of ability to pay. The St. Cloud Area Family YMCA was founded by volunteers, was chartered with the YMCA of the USA and incorporated in the state of Minnesota on July 23, 1969. The YMCA seeks to meet the needs of the St. Cloud community through youth development, healthy living and social responsibility by providing life changing programs to all ages, incomes, genders, races, faiths and abilities.
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0199491
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IRS990/OfficeExpensesGrp/ProgramServicesAmt0189327
IRS990/OfficeExpensesGrp/TotalAmt0244641
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02482769
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010394
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt036608
IRS990/OtherEmployeeBenefitsGrp/TotalAmt048537
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1Miscellaneous

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$40.8$2.06$38.7$7.25$6.23$1.02
2023Detailed filing. Detailed filing data is available for this year.$39.8$2.14$37.7$12.8$5.91$6.89
2022Detailed filing. Detailed filing data is available for this year.$33.0$2.33$30.7$6.15$5.36$0.79
2021Detailed filing. Detailed filing data is available for this year.$33.0$2.65$30.3$5.57$4.12$1.45
2020Detailed filing. Detailed filing data is available for this year.$31.7$2.66$29.1$4.54$4.08$0.46
2019Detailed filing. Detailed filing data is available for this year.$31.6$2.88$28.7$5.16$4.77$0.39
2018Detailed filing. Detailed filing data is available for this year.$31.6$3.13$28.5$5.09$4.34$0.76
2017Detailed filing. Detailed filing data is available for this year.$33.0$5.13$27.9$3.56$3.62$0.06
2016Detailed filing. Detailed filing data is available for this year.$14.0$3.95$10.0$2.58$2.45$0.13
2015Detailed filing. Detailed filing data is available for this year.$11.3$1.48$9.84$6.52$2.45$4.07
2014Detailed filing. Detailed filing data is available for this year.$6.15$0.38$5.77$6.37$2.38$3.99
2013Detailed filing. Detailed filing data is available for this year.$2.18$0.40$1.78$2.14$2.15$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$0.42$1.79$1.97
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$0.42$1.80$1.94
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.26$0.47$1.79$1.89