Overview
What is Young Mens Christian Assoc Of Norwich?
The Young Men's Christian Association of Norwich is a nonprofit organization located in Norwich, New York, with a staff of 156 individuals. Their primary focus is on promoting holistic development for children and youth, with an annual budget of $321,147 for this area of work. In 2022, they returned to a normal childcare programming format, providing all-inclusive services for nursery, preschool, and school-age children. They cater to a wide variety of family needs, offering before and after-school care, holiday breaks, snow days, and summer opportunities. In 2022, they served 295 unduplicated children, a 25% increase from the previous year. Scholarship assistance was provided to families, and their programs aim to strengthen families by assisting them in balancing work and family responsibilities. They also conduct nursery and preschool programs, preparing students for kindergarten, and offer a water safety program for children. Their youth and teen programs provide role models for children, promoting self-esteem and good values. The YMCA celebrates its summer camp annually, offering a fun and safe outdoor environment for children.
Official website here: www.norwichymca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Stars
The Young Mens Christian Association of Norwich has achieved an impressive 95% rating, reflecting strong performance in accountability and finance. The organization's score is entirely derived from its accountability metrics, showcasing a commitment to transparency and responsible stewardship of funds. The perfect score in independent board member composition and oversight demonstrates robust governance practices.
One of the standout features of this organization is its financial health, illustrated by a low liabilities to assets ratio of 0.65%, which indicates solid financial stability. Additionally, the program expense ratio of 75.20% signifies that a significant majority of expenses are dedicated to programs rather than administrative or fundraising costs. This efficiency is further emphasized by a fundraising efficiency ratio of just $0.03, indicating that the organization is adept at raising funds while keeping costs minimal.
Overall, the Young Mens Christian Association of Norwich is characterized by strong governance and financial practices, fostering trust among stakeholders. While the data does not highlight any specific limitations, the organization's focus on accountability positions it well for continued success and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Young Mens Christian Assoc Of Norwich legitimate?
Young Mens Christian Assoc Of Norwich is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Mens Christian Assoc Of Norwich submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $103,311
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,068,457
For more financial information, click here
Official website here: www.norwichymca.org
What is the mission statement of Young Mens Christian Assoc Of Norwich?
The Young Men's Christian Association in this context aims to implement Christian principles in various programs that foster holistic development for children and youth, focusing on their spiritual, mental, and physical well-being. In 2022, their Youth department adjusted programming to cater to diverse childcare needs and provided high-quality childcare services for nursery, preschool, and school-age children, catering to the needs of 295 unduplicated children. The association offers scholarship assistance for childcare programs, ensuring affordability for families and enabling parents to balance work and family responsibilities. Additionally, the YMCA conducts nursery and preschool programs, preparing students for kindergarten with essential skills, and offers water safety classes through its SKIPPERS program.
Official website here: www.norwichymca.org
What is the revenue of Young Mens Christian Assoc Of Norwich?
Young Mens Christian Assoc Of Norwich's revenue in 2023 was $2,840,999.
Official website here: www.norwichymca.org
Who are the executives of Young Mens Christian Assoc Of Norwich and what are their salaries?
The average compensation at Young Mens Christian Assoc Of Norwich during 2023 was $8,194. There are 143 employees and 502 volunteers at Young Mens Christian Assoc Of Norwich.
Here are 25 key members and their salaries:
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Official website here: www.norwichymca.org
Where can I find the form 990 for Young Mens Christian Assoc Of Norwich?
Young Mens Christian Assoc Of Norwich's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.norwichymca.org
Learn more at the official website: www.norwichymca.org
Mission Statement of Young Mens Christian Assoc Of Norwich
The Young Men's Christian Association of Norwich, in its mission, aims to instill Christian values and principles into practice through various programs. These programs are designed to foster the holistic development of children and youth, focusing on their spiritual, mental, and physical well-being. This nonprofit organization has significantly impacted the community by providing high-quality and affordable childcare services. They cater to the diverse needs of families, offering programs during non-school hours such as before and after school, holiday breaks, snow days, and summer opportunities. The YMCA's childcare programs serve as a vital resource for families, enabling them to maintain employment while ensuring their children's safety and care.
In addition to childcare, the YMCA provides educational programs for young children, preparing them for kindergarten with essential skills such as reading, literacy, and swimming lessons. They also offer a water safety program, SKIPPERS, which introduces children to the water and teaches them crucial safety skills. The YMCA's swimming lessons are renowned for their developmental approach, focusing on individual exploration and character value development. Furthermore, the organization offers summer camps, providing children with a fun and engaging outdoor experience during their summer holidays.
In summary, the Young Men's Christian Association of Norwich's mission is to promote Christian values and holistic development through various programs, with a significant focus on childcare and education. They strive to create safe, nurturing environments for children, enabling families to balance their work and family responsibilities. The organization's programs not only provide essential services but also contribute to the character development of young children.
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Impact
October, 2024
The Young Men's Christian Association (YMCA) of Norwich significantly impacts the community through its comprehensive childcare and youth development programs. In 2022, the YMCA demonstrated a strong commitment to the holistic development of children and youth, adapting its services to meet evolving community needs, particularly during and after the pandemic.
The YMCA provided high-quality childcare programs for 295 unduplicated children, marking a 25% increase from the previous year. These programs cater to diverse family needs, including before and after school care, holiday breaks, snows days, and summer opportunities, thus enabling parents to balance work and family responsibilities. The focus on creating safe, consistent environments with caring and trained staff reassures families that their children are well cared for during non-school hours.
Scholarship assistance for childcare totaling over $26,297 highlights the YMCA's commitment to making programs accessible; approximately 20% of enrolled children benefit from tuition assistance. Additionally, the organization supports school readiness through nursery and preschool programs that prepare young children with essential skills for kindergarten.
The YMCA also emphasizes water safety through its swimming programs, which serve as a foundational aspect of youth development, teaching essential skills while promoting character values such as caring, honesty, respect, and responsibility. The continued growth of these swim programs indicates a community recognition of the importance of water safety and childhood development.
Youth and teen programs contribute further by providing positive role models, fostering self-esteem, self-respect, cooperation, and citizenship. The YMCA offers a supportive environment where young adults can gain leadership experience as they engage with younger members, creating a reinforcing cycle of mentorship and development.
In its 52nd year of summer camp, the YMCA attracts children looking for enriching outdoor activities in a safe setting, with 115 children participating in 2022. This program fosters social interaction, physical outdoor play, and personal growth, all crucial for childhood development.
Overall, the YMCA of Norwich plays a vital role in nurturing the physical, emotional, and social well-being of children and families, contributing to a stronger, more resilient community.
This information is meant to be a general summary of Young Mens Christian Assoc Of Norwich. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $336,143
- Program Service Revenue: $1,012,692
- Gross Receipts: $3,431,012
Assets and Liabilities:
- Total Assets: $32,958,680
- Total Liabilities: $214,685
- Net Assets: $32,743,995
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FAMILY STRENGTHENING
Revenue
$237,737
HEALTH AND WELL BEING FOR
Revenue
$380,404
HOLISTIC DEVELOPMENT OF C
Revenue
$394,551
Organization Details
Founding Year
1888
Principal Officer
Tim Mckown
Website
www.norwichymca.orgNTEE Category
Code: P270 - Human services
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