Liabilities / Assets
70th percentile
Higher debt load relative to assets than 70% of similar nonprofits.
EIN 84-0404266 • 501(c)3 • Colorado Springs, CO
Profile
The mission of the ymca of the pikes peak region is to put christian principles into practice through programs that build a healthy spirit, mind and body for all. See schedule o for continuation
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
70th percentile
Higher debt load relative to assets than 70% of similar nonprofits.
Liabilities / Revenue
73rd percentile
Higher debt load relative to revenue than 73% of similar nonprofits.
Net Margin
22nd percentile
Higher net margin than 22% of similar nonprofits.
Top Officer Pay
79th percentile
Higher top officer pay than 79% of similar nonprofits.
Top officer pay equals 1.6% of source-year revenue.
Asset Growth
34th percentile
Faster asset growth than 34% of similar nonprofits.
Revenue Growth
45th percentile
Faster revenue growth than 45% of similar nonprofits.
Assets
Up$45,745,896
Up $423,175 (+0.9%) from 2023
Liabilities
Up$20,260,690
Up $1,848,431 (+10%) from 2023
Net Assets
Down$25,485,206
Down $1,425,256 (-5.3%) from 2023
Revenue
Up$27,592,517
Up $1,520,670 (+5.8%) from 2023
Expenses
Up$29,084,331
Up $1,235,437 (+4.4%) from 2023
Net Income
Up-$1,491,814
Up $285,233 (+16%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The mission of the ymca of the pikes peak region is to put christian principles into practice through programs that build a healthy spirit, mind and body for all. See schedule o for continuation
To put Christian principles into practice through programs that build a healthy spirit, mind and body for all.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $38,558,530 | $37,533,379 | ▼ $1,025,151 |
| Savings and Temporary Cash Investments | $7,358 | $3,693,005 | ▲ $3,685,647 |
| Cash and Non-Interest-Bearing Accounts | $3,549,438 | $1,045,450 | ▼ $2,503,988 |
| Accounts Receivable | $667,574 | $878,753 | ▲ $211,179 |
| Investments in Publicly Traded Securities | $521,809 | $574,102 | ▲ $52,293 |
| Investments Other Securities | $210,000 | $210,000 | → $0 |
| Prepaid Expenses and Deferred Charges | $274,390 | $174,949 | ▼ $99,441 |
| Pledges and Grants Receivable | $12,465 | $55,135 | ▲ $42,670 |
| 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 | $0 | → $0 |
| Intangible Assets | $0 | $0 | → $0 |
| Inventories for Sale or Use | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $45,322,721 | $45,745,896 | ▲ $423,175 |
| Other Assets Total | $1,521,157 | $1,581,123 | ▲ $59,966 |
| Liabilities | |||
| Tax Exempt Bond Liabilities | $10,731,467 | $10,036,805 | ▼ $694,662 |
| Mortgage Notes Payable Secured by Investment Property | $3,619,625 | $5,527,339 | ▲ $1,907,714 |
| Accounts Payable and Accrued Expenses | $1,625,900 | $2,144,268 | ▲ $518,368 |
| Deferred Revenue | $1,925,858 | $2,090,161 | ▲ $164,303 |
| Other Liabilities | $509,409 | $462,117 | ▼ $47,292 |
| Grants Payable | $0 | $0 | → $0 |
| Unsecured Notes Loans Payable | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Total Liabilities | $18,412,259 | $20,260,690 | ▲ $1,848,431 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $24,963,706 | $23,396,137 | ▼ $1,567,569 |
| Net Assets With Donor Restrictions | $1,946,756 | $2,089,069 | ▲ $142,313 |
| Total Net Assets Fund Balance | $26,910,462 | $25,485,206 | ▼ $1,425,256 |
| Total Liabilities and Net Assets / Fund Balance | $45,322,721 | $45,745,896 | ▲ $423,175 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $28,237,466 | $33,362,599 | $61,600,065 |
| Land | $7,035,382 | - | $7,035,382 |
| Equipment | $525,205 | $5,647,691 | $6,172,896 |
| Leasehold Improvements | $1,543,846 | $382,695 | $1,926,541 |
| Other Land Buildings | $191,480 | $0 | $191,480 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2024 | $371,142 | - | ▲ $67,766 | $0 | $438,908 |
| 2023 | $366,902 | - | ▲ $4,240 | $0 | $371,142 |
| 2022 | $1,235,468 | - | ▼ $140,035 | $728,531 | $366,902 |
| 2021 | $1,133,880 | - | ▲ $127,023 | $25,435 | $1,235,468 |
| 2020 | $1,172,415 | - | ▲ $112,405 | $150,940 | $1,133,880 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Boyd Williams | President & CEO | FT | $313,595 | $135,510 | $449,105 |
| Theresa Johnson | Executive VP & COO | FT | $203,227 | $78,135 | $281,362 |
| Sally Glennon | Senior VP of Association Adv. | FT | $172,018 | $54,773 | $226,791 |
| Wendy Becker | IT Director | FT | $123,413 | $15,348 | $138,761 |
| Daren Girling | VP of Operations | FT | $114,098 | $24,075 | $138,173 |
| Stephanie Dixon | Executive Director | FT | $106,621 | $30,056 | $136,677 |
| Kate Noonan | VP of Events & Mission Adv. | FT | $75,305 | $450 | $75,755 |
| Name | Title |
|---|---|
| Brian Burns | Chair |
| Mary Fagnant | Immediate Past Chair (To 5/24) |
| Ron Lamb | Vice Chair |
| Bill Kappel | Director |
| Brandon Gould | Director |
| Brandon Johnson | Director |
| Charity Peak | Director |
| Dirk Hobbs | Director |
| JW Roth | Director |
| Jeremy Taylor | Director |
| Jessie Kimber | Director |
| Jim Mason | Director |
| Jinger Haberer | Director |
| Kerry Hilsabeck | Director |
| Kim Shugart | Director |
| Melissa Kerr | Director |
| Michael Gaal | Director |
| Rodeny Gullate | Director |
| Ross White | Director |
| Sally Abell | Director |
| Strings Kozisek | Director |
| Travis Pickern | Director |
| Wendy Birhanzel | Director |
| Randy Newell | Director (To Dec 2024) |
| Brian Risley | Director (To Feb 2024) |
| Chuck Anderson | Director (to Feb 2024) |
| Jason Doyle | Director (To Feb 2024) |
| Kevin Kaveney | Secretary (to May 2024) |
| Brett Wyss | Treasurer (From May 2024) |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| YMCA Enterprise Shared Services YE | Support Services | 101 North Wacker Drive, Chicago, IL 60606 | $987,600 |
| Environment Control | Custodial | 115 N Circle Drive, Colorado Springs, CO 80909 | $862,952 |
| Veregy West LLC | Led Lighting Install | 3312 E Broadway Rd, Phoenix, AZ 85040 | $602,189 |
| Wicked Think Marketing | Marketing Services | 13520 Northgate Estates Dr, Colorado Springs, CO 80921 | $504,018 |
| Climate Systems | HVAC Services | 3100 North El Paso Street, Colorado Springs, CO 80907 | $163,433 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $16,519,684 |
| Other Expenses | $12,564,647 |
| Total Fundraising Expense | $181,227 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $12,077,213 | $615,843 | $93,331 | $12,786,387 |
| Occupancy | $3,762,284 | $14,570 | - | $3,776,854 |
| Depreciation Depletion | $2,326,071 | $15,076 | - | $2,341,147 |
| Fees for Services Other | $625,164 | $674,446 | $9,286 | $1,308,896 |
| Payroll Taxes | $1,104,119 | $122,540 | $8,395 | $1,235,054 |
| Current Officers, Directors, Trustees, and Key Employees | - | $1,171,186 | - | $1,171,186 |
| Insurance | $744,051 | $27,097 | - | $771,148 |
| Interest | $735,089 | $28,196 | - | $763,285 |
| Other Employee Benefits | $483,304 | $258,506 | $5,419 | $747,229 |
| Advertising | $106,327 | $490,592 | $6,035 | $602,954 |
| Pension Plan Contributions | $419,114 | $156,014 | $4,700 | $579,828 |
| Office Expenses | $369,418 | $25,372 | $5,824 | $400,614 |
| Information Technology | $9 | $398,812 | - | $398,821 |
| Payments to Affiliates | $279,218 | $50,125 | $2,478 | $331,821 |
| Travel | $116,050 | $127,857 | $668 | $244,575 |
| Conferences and Meetings | $45,450 | $113,630 | $854 | $159,934 |
| Fees for Services Legal | - | $75,195 | - | $75,195 |
| Other Expenses | $5,228 | $24,873 | $598 | $30,699 |
| Fees for Service Investment Mgmnt Fees | - | $4,134 | - | $4,134 |
| Total Functional Expenses | $24,434,612 | $4,468,492 | $181,227 | $29,084,331 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $29,111,114 |
| Total Expenses per Form 990 | $29,084,331 |
| Expenses per Audited Statements | $29,080,197 |
| Expenses Not Reported on Form 990 | $30,917 |
| Expenses Not Reported on Financial Statements | $4,134 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $247,680 |
| Fundraising Gross Income | $63,981 |
| Gaming Direct Expenses | $0 |
| Gaming Gross Income | $0 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Annual Celeb. | $194,275 | - | $10,878 | - |
| Stars & Stripes | $142,104 | $63,981 | $13,568 | $50,413 |
| Total Events | $597,721 | $63,981 | $247,680 | $-183,699 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| 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 |
| Liability | Amount |
|---|---|
| Charitable Gift Annuity | $441,299 |
| Right to Use Liability - Lease | $20,818 |
| Bond | Issuer | Issued | Issue Price | Purpose |
|---|---|---|---|---|
| A | Colorado Refunding & Improvement Revenue | 2016-06-01 | $15,000,000 | Refunding & Improvement |
| Bond | Total Proceeds | Spent | Retired | Issuance Costs |
|---|---|---|---|---|
| A | $15,000,000 | $0 | $4,943,125 | $200,706 |
“Membership is available to any individual in good standing, over the age of 16 year of age. Members vote on the Board of Directors at the annual meeting. Elections are done on a one member, one vote basis.”
“A copy of the Form 990 is provided to, reviewed and discussed by the Finance/Audit Committee of the Association Board of Directors prior to filing. In addition, the Form 990 is provided to the Association Board of Directors and discussed with the Finance/Audit Committee.”
“All Association Board of Directors are required to fill out a conflict-of-interest questionnaire annually. The questionnaires are reviewed annually by the Executive Committee of the Association Board of Directors. When and where conflicts exist, the board member is removed from the decision-making process that result in the potential or perceived conflict.”
“The CEO's compensation is based on local, state and national comparability data, Board approved salary range and performance. The CEO's compensation is reviewed annually by the executive committee, with performance input by the entire Board. Final compensation is recommended to the Association Board of Directors for approval. The salary ranges for all positions are reviewed annually by the Human Resource Committee of the Association Board of Directors. Ranges are reviewed with comparable data from the YMCA of the USA and local employers. The Human Resources Committee recommends the salary ranges and annual compensation guidelines to the Association Board of Directors for final approval. THE ORGANIZATION HAS NO OTHER PAID OFFICERS OR EMPLOYEES MEETING THE IRS DEFINITION OF A KEY EMPLOYEE.”
“The organization will provide in a timely manner, copies of all governing documents, including its conflict-of-interest policies and financial statements when requested in writing or in person.”
“The mission of the YMCA of the Pikes Peak Region is to put Christian principles into practice through programs that build a healthy spirit, mind and body for all. Since 1878, the YMCA of the Pikes Peak Region has served our community with programs and services focused on youth development, healthy living, and social responsibility to achieve that mission. We work every day to ensure that individuals and families have the resources and support to learn, grow, and thrive. With a strategic focus on building self-esteem and confidence in our youth, enhancing the health and well-being of families, and inspiring health and vitality in our senior population we strive to achieve meaningful, positive impact, not just within our members, but in communities throughout the entire Pikes Peak Region.”
“Other Change: CHANGE IN BENEFICIAL INTEREST: 61,919 --------- OTHER CHANGES: 61,919”
“The YMCA of the Pikes Peak region will use the income earned on the endowment funds to provide programs and services as intended by the donor. In situations where the donor has not designated the usage of the proceeds the YMCA will utilize the funds in a manner that maximizes the fulfillment of the mission and addresses critical community needs as directed by the vision 2021 strategic plan.”
“The Organization is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. In addition, the Organization qualifies for the charitable contribution deduction under Section 170(b)(1)(A) and has been classified as an organization that is not a private foundation under Section 509(a)(2). The Organization believes that it does not have any uncertain tax positions that are material to the financial statements.”
“COST OF GOODS SOLD Reclassification: $ -30,917 Change in Beneficial Trust: $ -61,919 ------------- TOTAL $ -92,836”
“COST OF GOODS SOLD Reclassification: $ 30,917 ----------- TOTAL $ 30,917”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 2144268 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 667574 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 878753 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | To put Christian principles into practice through programs that build a healthy spirit, mind and body for all. |
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| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 490592 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 106327 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 602954 |
| IRS990/AllOtherContributionsAmt | 0 | 1257293 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
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| IRS990/BooksInCareOfDetail/PersonNm | 0 | ORGANIZATION |
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| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 207 N NEVADA AVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | COLORADO SPRINGS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CO |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 80903 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1045450 |
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| IRS990/CompensationProcessOtherInd | 0 | true |
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| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 45450 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 159934 |
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| IRS990/ContractorCompensationGrp/ServicesDesc | 3 | LED LIGHTING INSTALL |
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| IRS990/Desc | 0 | Healthy Living At the Y, we are in health care, the business of making individuals healthy. However, we are more than a health care business; we are a mission. A mission that brings families closer, encourages good health, and fosters connections through fitness, sports, fun, and shared interests. As a result, more than 136,000 people in our community receive the support, guidance, and resources they need to achieve excellent health in spirit, mind, and body. Healthy living is essential for everyone. In 2024, 5,309 Jump Start Programs were completed to help individuals develop a workout plan to start them on their health and wellness journey. The Y performed 1,676 Trazer analyses and 2,419 Evolt scans. Trazer analyzes the entire body and identifies an individual's area of potential weakness. It tracks key metrics related to balance, dynamic movement, kinematics, and neuromechanics, all to develop a workout program specifically designed for the individual. Evolt is a body composition scanner that provides detailed information about body composition, muscle mass, fat mass, visceral fat, and hydration. Additionally, the Y had 247,524 individual participants in a group exercise class throughout seven YMCA locations. These classes bring individuals together and create community. Programs such as Moving for Better Balance, LiveStrong, the Parkinson's Exercise Program, and Neuro Pong help change individuals' lives and give participants a stronger sense of confidence to move forward in the life they want to live. In 2024, 216 participated in Moving for Better Balance classes, 111 in LiveStrong classes, 478 in the Parkinson's Exercise Program, and 92 participated in Neuro Pong, a new class the Y offers, utilizing ping pong to help individuals experiencing cognitive decline and neurodegenerative disorders like Alzheimer's, Parkinson's, and Multiple Sclerosis. Access to the Y and our programs is affordable and open to people of all faiths, backgrounds, abilities, and income levels. In 2024, the Y provided over $1.7 million in financial assistance to people who otherwise may not have been able to participate or be a part of the YMCA. |
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| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | true |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President & CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Executive VP & COO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Senior VP of Association Adv. |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | IT Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | VP of Operations |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | EXECUTIVE DIRECTOR |
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