Civic Intelligence

Young Mens Christian Association of the Cedar Rapids Metropolitan Area

990 • Fiscal year 2019 • EIN 42-0680306

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 11, 2020

207 Seventh Avenue SECedar Rapids, IA 52401

(319) 366-6421

Siviq Scores

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

Liabilities / Assets

64th percentile

0.35x

Higher debt load relative to assets than 64% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

68th percentile

0.51x

Higher debt load relative to revenue than 68% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

92nd percentile

54%

Higher net margin than 92% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$174,817

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

94th percentile

53%

Faster asset growth than 94% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

93rd percentile

82%

Faster revenue growth than 93% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$22,397,107

Up $7,764,509 (+53%) from 2018

Net Assets

Up

$14,464,094

Up $8,590,686 (+146%) from 2018

Liabilities

Down

$7,933,013

Down $826,177 (-9.4%) from 2018

Revenue

Up

$15,579,908

Up $7,031,713 (+82%) from 2018

Expenses

Down

$7,243,027

Down $254,505 (-3.4%) from 2018

Net Income

Up

$8,336,881

Up $7,286,218 (+693%) from 2018

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: $13,553,380Liabilities 2010: $7,691,402Net Assets 2010: $5,861,9782010Assets 2011: $12,783,932Liabilities 2011: $7,531,865Net Assets 2011: $5,252,0672011Assets 2012: $12,466,748Liabilities 2012: $7,306,279Net Assets 2012: $5,160,4692012Assets 2013: $12,264,539Liabilities 2013: $7,595,308Net Assets 2013: $4,669,2312013Assets 2014: $11,583,957Liabilities 2014: $7,131,650Net Assets 2014: $4,452,3072014Assets 2015: $11,431,292Liabilities 2015: $7,124,538Net Assets 2015: $4,306,7542015Assets 2016: $12,752,414Liabilities 2016: $7,877,299Net Assets 2016: $4,875,1152016Assets 2017: $12,555,338Liabilities 2017: $7,765,854Net Assets 2017: $4,789,4842017Assets 2018: $14,632,598Liabilities 2018: $8,759,190Net Assets 2018: $5,873,4082018Assets 2019: $22,397,107Liabilities 2019: $7,933,013Net Assets 2019: $14,464,0942019Assets 2020: $33,235,545Liabilities 2020: $19,544,904Net Assets 2020: $13,690,6412020Assets 2021: $31,194,805Liabilities 2021: $15,199,668Net Assets 2021: $15,995,1372021Assets 2022: $29,612,762Liabilities 2022: $13,263,043Net Assets 2022: $16,349,7192022Assets 2023: $29,633,564Liabilities 2023: $12,987,872Net Assets 2023: $16,645,6922023Assets 2024: $28,590,285Liabilities 2024: $12,592,591Net Assets 2024: $15,997,6942024

Highlighted filing

2019

Assets$22,397,107
Liabilities$7,933,013
Net Assets$14,464,094

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $6,472,5452010Expenses 2011: $6,470,8482011Expenses 2012: $6,414,9732012Revenue 2013: $6,759,431Expenses 2013: $7,307,605Net Income 2013: -$548,1742013Revenue 2014: $7,575,786Expenses 2014: $7,709,366Net Income 2014: -$133,5802014Revenue 2015: $7,505,475Expenses 2015: $7,591,060Net Income 2015: -$85,5852015Revenue 2016: $8,135,220Expenses 2016: $7,570,279Net Income 2016: $564,9412016Revenue 2017: $7,641,147Expenses 2017: $7,785,586Net Income 2017: -$144,4392017Revenue 2018: $8,548,195Expenses 2018: $7,497,532Net Income 2018: $1,050,6632018Revenue 2019: $15,579,908Expenses 2019: $7,243,027Net Income 2019: $8,336,8812019Revenue 2020: $4,839,608Expenses 2020: $5,620,893Net Income 2020: -$781,2852020Revenue 2021: $8,937,027Expenses 2021: $6,628,152Net Income 2021: $2,308,8752021Revenue 2022: $7,328,458Expenses 2022: $6,926,322Net Income 2022: $402,1362022Revenue 2023: $7,369,117Expenses 2023: $7,096,468Net Income 2023: $272,6492023Revenue 2024: $6,871,543Expenses 2024: $7,547,135Net Income 2024: -$675,5922024

Highlighted filing

2019

Revenue$15,579,908
Expenses$7,243,027
Net Income$8,336,881
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 11, 2020
Return Version
2019v5.0
Gross Receipts
$15,670,660
Mission and Program Overview

Mission

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$12,696,903$12,976,414▲ $279,511
Savings and Temporary Cash Investments$515,738$6,197,470▲ $5,681,732
Pledges and Grants Receivable$776,288$2,537,882▲ $1,761,594
Investments Other Securities$303,226$361,385▲ $58,159
Cash and Non-Interest-Bearing Accounts$108,235$150,706▲ $42,471
Accounts Receivable$184,755$124,003▼ $60,752
Prepaid Expenses and Deferred Charges$47,453$49,247▲ $1,794
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0--
Investments in Publicly Traded Securities$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0--
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$14,632,598$22,397,107▲ $7,764,509
Other Assets Total$0$0→ $0
Liabilities
Tax Exempt Bond Liabilities$3,392,297$3,276,150▼ $116,147
Mortgage Notes Payable Secured by Investment Property$2,657,636$2,588,680▼ $68,956
Accounts Payable and Accrued Expenses$2,167,497$1,456,188▼ $711,309
Deferred Revenue$463,219$440,492▼ $22,727
Escrow Account Liability$78,541$171,503▲ $92,962
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Total Liabilities$8,759,190$7,933,013▼ $826,177
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,916,417$8,822,963▲ $5,906,546
Net Assets Without Donor Restrictions$2,956,991$5,641,131▲ $2,684,140
Total Net Assets Fund Balance$5,873,408$14,464,094▲ $8,590,686
Total Liabilities and Net Assets / Fund Balance$14,632,598$22,397,107▲ $7,764,509

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,789,316$8,173,489$14,962,805
Land$3,290,441-$3,290,441
Other Land Buildings$1,864,334$0$1,864,334
Equipment$357,831$1,265,506$1,623,337
Leasehold Improvements$674,492$627,723$1,302,215

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$303,226$400▲ $59,701$0$361,385
2018$606,323$400▼ $19,207$280,000$303,226
2017$526,756$300▲ $85,965$0$606,323
2016$487,918$400▲ $44,925$0$526,756
2015$504,625$425▼ $3,282$7,060$487,918
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-President/CEOFT$139,079$35,738$174,817
-VP/COOFT$107,648$33,765$141,413

Board Members and Trustees

NameTitle
-Chair
-Past Chair
-Vice Chair
-Director
-Director-term Expired April 2019
-Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Knutson ConstructionFacility Construction7515 WAYZATA BLVD, Mineapolis, MN 55426$938,225
Revenue and Support

Revenue Composition

Contributions and Grants
$9,007,350
Program Service Revenue
$6,331,498
Investment Income
$16,896
Other Revenue
$224,164
All Other Contributions
$8,995,168
Change in Net Assets
$8,336,881

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,948,820
Revenue Not Reported on Financial Statements
$1,631,088
Revenue Not Reported on Form 990
$586,026
Other Revenue Adjustments
$1,631,088
Total Revenue per Audited Statements
$14,534,846
Total Revenue per Form 990
$15,579,908
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,078,591
Other Expenses$2,533,348
Grants and Similar Amounts Paid$1,631,088
Total Fundraising Expense$302,761
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,000,281$199,997$140,169$2,340,447
Grants to Domestic Individuals$1,631,088--$1,631,088
Occupancy$611,956$31,214-$643,170
Office Expenses$512,315$99,762$12,739$624,816
Depreciation Depletion$440,423$21,885-$462,308
Current Officers, Directors, Trustees, and Key Employees$132,283$61,576$122,372$316,231
Interest$206,918$29,850-$236,768
Payroll Taxes$154,920$17,976$18,171$191,067
Insurance$142,799--$142,799
Pension Plan Contributions$116,871$12,410$0$129,281
Other Employee Benefits$98,616$2,949-$101,565
Payments to Affiliates$75,775$0$0$75,775
Fees for Services Other$34,117$30,073$3,000$67,190
Fees for Services Accounting$24,314$37,636-$61,950
Advertising$32,706$3,917$473$37,096
Conferences and Meetings$16,503$7,515$1,246$25,264
Travel$6,161$1,783$4,523$12,467
Fees for Services Legal-$12,076-$12,076
All Other Expenses$5,457$4,987$0$10,444
Fees for Service Investment Mgmnt Fees-$1,942-$1,942
Other Expenses$1,343$7,044$68$1,343
Total Functional Expenses$6,245,242$695,024$302,761$7,243,027

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$7,243,027
Total Expenses per Audited Statements$5,944,160
Expenses per Audited Statements$5,611,939
Expenses Not Reported on Financial Statements$1,631,088
Other Expense Adjustments$1,631,088
Expenses Not Reported on Form 990$332,221
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$48,429
Fundraising Direct Expenses$21,367
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Event$34,004$25,504$425$25,079
Trivya Night$25,675$22,925$0$22,925
Total Events$59,679$48,429$21,367$27,062
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

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACity of Robins Iowa2007-09-01$5,537,722Refinance outstanding indebtedness on building renovation

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$5,537,722$0$2,243,645$0

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
No
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

The president/ceo and vp/coo review the completed form 990. After the internal review, the form 990 is provided to the board of directors for review, input, and questions. This process is either done at a regularly scheduled board meeting or by calling a special meeting. A motion reflects approval of the form 990.

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

Annually all directors, officers, and key employees are required to complete a conflict of interest questionnaire. The completed forms are reviewed by the vp/coo. If a conflict were to arise any such interest becomes a matter of board action, any conflicted directors shall not vote or use personal influence on the matter, and shall not be counted in the quorum for a meeting at which board action is to be taken on the interest. The director may, however, briefly state a position on the matter, and answer pertinent questions of board members. The minutes of any actions on such matters shall clearly reflect that all requirements have been met.

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

The ceo review team, which consists of the board chair, vice chair, and immediate past chair conducts an annual review of the president/ceo. A salary administration plan using the hay scale sets parameters for the salary. The committee also compares the annual salary to comparable y's. 2018 was the most recent year in which the process included comparability data and contemporaneous substantiation of the deliberation and decision.

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

A salary administration plan using the hay scale is utilized by management for setting salaries. The plan was created by ymca of the usa compiling data from ymca's across the country as well as local data to arrive at salary ranges for positions. Each year ymca of the usa uses a hr task force team to recommend a percentage increase to the baselines. The hr task force is made up of ymca ceo's, volunteers, and human resource officers. The president/ceo then determines the yearly salary adjustments for staff based on this model and performance. 2018 was the most recent year in which the process included comparability data and contemporaneous substantiation of the deliberation and decision.

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

Audit reports and form 990s are made available to the public upon reouest. Governing documents such as board minutes and committee minutes and policies are only made available to the board and foundations or agencies that provide grants/funds to the ymca.

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

Other Program Revenue - Total Revenue: 632962, Related or Exempt Function Revenue: 632962, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Residence Revenue - 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
THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE CEDAR RAPIDS METROPOLITAN AREA
EIN
42-0680306
Phone
3193666421
Address
207 SEVENTH AVENUE SE, CEDAR RAPIDS, IA 52401
Doing Business As
Ymca of the Cr Metro Area

Signing Officer

Name
Steve Dolezal
Title
VP / COO
Signed
2020-11-11

Organization Details

Formed
1868
Legal Domicile
Ia
Voting Board Members
22
Independent Board Members
22
Employees
590
Volunteers
1,289
Supplemental Narrative

Financial Statement Notes

Schedule D, Part V, Line 4 ENDOWMENT FUND USE

The endowment funds are used for donor or board restricted purposes. Generally, the principal is restricted and invested, while the income generated is used for scholarships and capital improvements. Additionally, some donor funds are to be used for future programming.

Schedule D, Part X, Line 2 LIABILITY FOR UNCERTAIN TAX POSITIONS

The association follows the accounting standard to evaluate uncertain tax positions and has determined that it was not required to record a liability related to uncertain tax positions at december 31, 2019 and 2018.

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

The endowment funds are used for donor or board restricted purposes. Generally, the principal is restricted and invested, while the income generated is used for scholarships and capital improvements. Additionally, some donor funds are to be used for future programming.

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

The ymca files information returns in the u.s. Federal jurisdiction. The ymca follows accounting standard to evaluate uncertain tax positions and has determined that it was not required to record a liability related to uncertain tax positions at december 31, 2019 and 2018.

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

Grants to individuals - 1631088

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

Grants to individuals - 1631088

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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.$28.6$12.6$16.0$6.87$7.55$0.68
2023Detailed filing. Detailed filing data is available for this year.$29.6$13.0$16.6$7.37$7.10$0.27
2022Detailed filing. Detailed filing data is available for this year.$29.6$13.3$16.3$7.33$6.93$0.40
2021Detailed filing. Detailed filing data is available for this year.$31.2$15.2$16.0$8.94$6.63$2.31
2020Detailed filing. Detailed filing data is available for this year.$33.2$19.5$13.7$4.84$5.62$0.78
2019Detailed filing. Detailed filing data is available for this year.$22.4$7.93$14.5$15.6$7.24$8.34
2018Detailed filing. Detailed filing data is available for this year.$14.6$8.76$5.87$8.55$7.50$1.05
2017Detailed filing. Detailed filing data is available for this year.$12.6$7.77$4.79$7.64$7.79$0.14
2016Detailed filing. Detailed filing data is available for this year.$12.8$7.88$4.88$8.14$7.57$0.56
2015Detailed filing. Detailed filing data is available for this year.$11.4$7.12$4.31$7.51$7.59$0.09
2014Detailed filing. Detailed filing data is available for this year.$11.6$7.13$4.45$7.58$7.71$0.13
2013Detailed filing. Detailed filing data is available for this year.$12.3$7.60$4.67$6.76$7.31$0.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$7.31$5.16$6.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.8$7.53$5.25$6.47
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.6$7.69$5.86$6.47