Civic Intelligence

Legacy YMCA

EIN 63-0288881 • 501(c)3 • Bessemer, AL

Profile

To provide a variety of quality programs to individuals of all ages, of all races and from all socio-economic backgrounds in a atmosphere of christian love and understanding all the while seeking to promote the spritual, mental and physical welfare of persons emphasizing reverance for god, caring, honesty, respect, and responsibility.

1501 Fourth Avenue SouthwestBessemer, AL 35203

www.legacyymca.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

36th percentile

0.02x

Higher debt load relative to assets than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

36th percentile

0.03x

Higher debt load relative to revenue than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

26th percentile

-6.7%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

23rd percentile

-4.9%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

39th percentile

1.8%

Faster revenue growth than 39% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$3,063,185

Down $157,336 (-4.9%) from 2023

Liabilities

Down

$51,268

Down $33,489 (-40%) from 2023

Net Assets

Down

$3,011,917

Down $123,847 (-3.9%) from 2023

Revenue

Up

$1,844,300

Up $33,008 (+1.8%) from 2023

Expenses

Up

$1,968,147

Up $289,061 (+17%) from 2023

Net Income

Down

-$123,847

Down $256,053 (-194%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,633,686Liabilities 2010: $654,432Net Assets 2010: $2,979,2542010Assets 2011: $3,881,352Liabilities 2011: $602,883Net Assets 2011: $3,278,4692011Assets 2012: $3,841,838Liabilities 2012: $557,597Net Assets 2012: $3,284,2412012Assets 2013: $3,730,260Liabilities 2013: $517,084Net Assets 2013: $3,213,1762013Assets 2014: $3,599,866Liabilities 2014: $472,190Net Assets 2014: $3,127,6762014Assets 2015: $3,504,895Liabilities 2015: $435,788Net Assets 2015: $3,069,1072015Assets 2016: $3,431,479Liabilities 2016: $406,111Net Assets 2016: $3,025,3682016Assets 2017: $3,087,722Liabilities 2017: $43,158Net Assets 2017: $3,044,5642017Assets 2018: $3,103,087Liabilities 2018: $59,548Net Assets 2018: $3,043,5392018Assets 2019: $3,119,761Liabilities 2019: $58,756Net Assets 2019: $3,061,0052019Assets 2020: $3,341,910Liabilities 2020: $164,190Net Assets 2020: $3,177,7202020Assets 2021: $3,251,767Liabilities 2021: $135,058Net Assets 2021: $3,116,7092021Assets 2022: $3,112,036Liabilities 2022: $108,478Net Assets 2022: $3,003,5582022Assets 2023: $3,220,521Liabilities 2023: $84,757Net Assets 2023: $3,135,7642023Assets 2024: $3,063,185Liabilities 2024: $51,268Net Assets 2024: $3,011,9172024

Highlighted filing

2024

Assets$3,063,185
Liabilities$51,268
Net Assets$3,011,917

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,644,0672010Revenue 2011: $1,942,646Expenses 2011: $1,643,431Net Income 2011: $299,2152011Expenses 2012: $1,651,7222012Revenue 2013: $1,675,779Expenses 2013: $1,746,845Net Income 2013: -$71,0662013Revenue 2014: $1,611,565Expenses 2014: $1,697,065Net Income 2014: -$85,5002014Revenue 2015: $1,638,401Expenses 2015: $1,696,970Net Income 2015: -$58,5692015Revenue 2016: $1,695,613Expenses 2016: $1,739,352Net Income 2016: -$43,7392016Revenue 2017: $1,571,284Expenses 2017: $1,552,088Net Income 2017: $19,1962017Revenue 2018: $1,516,356Expenses 2018: $1,517,381Net Income 2018: -$1,0252018Revenue 2019: $1,517,290Expenses 2019: $1,499,824Net Income 2019: $17,4662019Revenue 2020: $1,320,220Expenses 2020: $1,203,506Net Income 2020: $116,7142020Revenue 2021: $1,271,135Expenses 2021: $1,332,146Net Income 2021: -$61,0112021Revenue 2022: $1,353,896Expenses 2022: $1,467,047Net Income 2022: -$113,1512022Revenue 2023: $1,811,292Expenses 2023: $1,679,086Net Income 2023: $132,2062023Revenue 2024: $1,844,300Expenses 2024: $1,968,147Net Income 2024: -$123,8472024

Highlighted filing

2024

Revenue$1,844,300
Expenses$1,968,147
Net Income-$123,847

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.06$0.05$3.01$1.84$1.97$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.22$0.08$3.14$1.81$1.68$0.13
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.11$0.11$3.00$1.35$1.47$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.25$0.14$3.12$1.27$1.33$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.34$0.16$3.18$1.32$1.20$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.12$0.06$3.06$1.52$1.50$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.10$0.06$3.04$1.52$1.52$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.09$0.04$3.04$1.57$1.55$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.43$0.41$3.03$1.70$1.74$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.50$0.44$3.07$1.64$1.70$0.06
2014Detailed filing. Detailed filing data is available for this year.$3.60$0.47$3.13$1.61$1.70$0.09
2013Detailed filing. Detailed filing data is available for this year.$3.73$0.52$3.21$1.68$1.75$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.84$0.56$3.28$1.65
2011Summary only. Only limited summary data is available for this year.$3.88$0.60$3.28$1.94$1.64$0.30
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.63$0.65$2.98$1.64
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 10, 2025
Return Version
2024v5.1
Gross Receipts
$1,844,300
Mission and Program Overview

Mission

To provide a variety of quality programs to individuals of all ages, of all races and from all socio-economic backgrounds in an atmosphere of christian love and understanding all the while seeking to promote the spiritual, mental and physical welfare of persons emphasizing reverence to god, caring, honesty, respect, and responsibility.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,541,212$1,661,580▲ $120,368
Cash and Non-Interest-Bearing Accounts$1,359,787$1,068,502▼ $291,285
Savings and Temporary Cash Investments$306,507$320,088▲ $13,581
Prepaid Expenses and Deferred Charges$12,025$12,025→ $0
Accounts Receivable$990$990→ $0
Total Assets$3,220,521$3,063,185▼ $157,336
Liabilities
Accounts Payable and Accrued Expenses$64,260$49,143▼ $15,117
Other Liabilities$20,497$2,125▼ $18,372
Total Liabilities$84,757$51,268▼ $33,489
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,135,764$3,011,917▼ $123,847
Total Net Assets Fund Balance$3,135,764$3,011,917▼ $123,847
Total Liabilities and Net Assets / Fund Balance$3,220,521$3,063,185▼ $157,336

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,019,481$2,640,159$3,659,640
Equipment$145,298$385,398$530,696
Leasehold Improvements$294,136$90,107$384,243
Land$202,665-$202,665
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael TalericoExecutive DirectorFT$88,845$37,561$126,406

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$149,164
Program Service Revenue
$1,581,522
Investment Income
$62,007
Other Revenue
$51,607
All Other Contributions
$47,246
Change in Net Assets
$-123,847

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,844,300
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,844,300
Total Revenue per Form 990
$1,844,300
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,035,062
Salaries, Compensation, and Employee Benefits$933,085
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$533,226$177,742-$710,968
Depreciation Depletion$114,419$38,140-$152,559
All Other Expenses$84,938$67,027-$151,965
Other Expenses$88,534$29,511-$118,045
Current Officers, Directors, Trustees, and Key Employees$66,634$22,211-$88,845
Insurance$62,017$20,672-$82,689
Other Employee Benefits$50,480$16,827-$67,307
Payroll Taxes$49,474$16,491-$65,965
Fees for Services Other$22,041$7,346-$29,387
Conferences and Meetings$4,890$1,630-$6,520
Advertising$3,863$1,288-$5,151
Interest$273$91-$364
Total Functional Expenses$1,447,075$521,072$0$1,968,147

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,968,147
Total Expenses per Audited Statements$1,968,147
Total Expenses per Form 990$1,968,147
Expenses Not Reported on Financial Statements$0
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
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
Lease Liability$2,125
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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, Section B, Line 11B

A draft of the form 990 is provided to the client before the return is finalized.

Form 990, Part VI, Section B, Line 12C

The personnel committee of the board of directors periodically monitors compliance wiht the conflict of interest policy.

Form 990, Part VI, Section B, Line 15

The personnel committee of the board of directors, which is an independent body, reviews and approves compensation of all officers and key employees.

Form 990, Part VI, Section C, Line 19

Financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Legacy Ymca
EIN
63-0288881
Phone
2054261211
Address
1501 FOURTH AVENUE SOUTHWEST, BESSEMER, AL 35203

Signing Officer

Name
Michael Talerico
Title
Director
Phone
2054261211
Signed
2025-06-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Talerico
Formed
1920
Legal Domicile
Al
Voting Board Members
15
Independent Board Members
15
Employees
137
Volunteers
56

Preparer

Firm
Borland Benefield Pc
Address
800 SHADES CREEK PARKWAY STE 875, BIRMINGHAM, AL 35209
Preparer
JEFF A O'NEAL
Phone
2058027212
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C.

The audit committee approves the hiring and retention of an independent auditor and reviews and approves the audited financial statements prepared by the independent auditor. The audit committee also meets periodically with the independent auditor.

Financial Statement Notes

PART X, LINE 2:

As of december 31, 2024, the organization had no uncertain tax positions that qualify for disclosure in the financial statements. The organization files annual form 990 with the internal revenue service and its tax return for the year ended 2021 and subsequent years remain subject to examination by tax authorities.

Raw XML AppendixShowing 400 of 534 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd01
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IRS990/ActivityOrMissionDesc0TO PROVIDE A VARIETY OF QUALITY PROGRAMS TO INDIVIDUALS OF ALL AGES, OF ALL RACES AND FROM ALL SOCIO-ECONOMIC BACKGROUNDS IN AN ATMOSPHERE OF CHRISTIAN LOVE AND UNDERSTANDING ALL THE WHILE SEEKING TO PROMOTE THE SPIRITUAL, MENTAL AND PHYSICAL WELFARE OF PERSONS EMPHASIZING REVERENCE TO GOD, CARING, HONESTY, RESPECT, AND RESPONSIBILITY.
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IRS990/Desc0THE LEGACY YMCA IS A CHARITABLE AND CHRISTIAN FAITH BASED COMMUNITY SERVICE ORGANIZATION THAT INCLUDES MEN, WOMEN, AND CHILDREN OF ALL AGES, ABILITIES, INCOMES, RACES AND RELIGIONS. WE ARE DEDICATED TO BUILDING STRONG KIDS, STRONG FAMILIES AND STRONG COMMUNITIES BY PUTTING CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT PROMOTE HEALTHY LIFESTYLES, STRONG VALUES, LEADERSHIP DEVELOPMENT AND COMMUNITY INTERACTION. OUR YMCA WELCOMES INDIVIDUALS REGARDLESS OF THEIR ABILITY TO PAY AND OFFERS LOW FEES AND FINANCIAL ASSISTANCE FOR PARTICIPATION. OUR YMCA WAS FOUNDED AND IS LED BY REPRESENTATIVE VOLUNTEERS FROM OUR COMMUNITY. IN ADDITION TO POLICY VOLUNTEERS, THE Y IS STRENGTHENED BY VOLUNTEER LEADERSHIP IN ROLES AS MENTORS, COACHES, TEACHERS, AND PEER GROUP HELPERS.
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IRS990/Form990PartVIISectionAGrp/PersonNm1JASON JEWELL
IRS990/Form990PartVIISectionAGrp/PersonNm2SHAUN WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm3JENA LARGE
IRS990/Form990PartVIISectionAGrp/PersonNm4CHRISTINA ALMANZA
IRS990/Form990PartVIISectionAGrp/PersonNm5CHRISTINA BUNN
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IRS990/Form990PartVIISectionAGrp/PersonNm14CORKEY MCFARLAND
IRS990/Form990PartVIISectionAGrp/PersonNm15MICHAEL TALERICO
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