Overview
What is Summit Area Young Men's Christian Association A Nj Nonprofit Corporation?
The Summit Area Young Men's Christian Association (SUMMIT AREA YMCA) is a nonprofit organization located at 99 Morris Avenue in Summit, New Jersey (NJ). With a team of 626 dedicated employees, they provide various services for children and teens, focusing on their development and social skills. Their offerings range from safe and engaging day camps to childcare and early learning programs, where foundational skills are built and healthy relationships are fostered. The SUMMIT AREA YMCA emphasizes creating a nurturing environment and offers academic enrichment programs to help students boost their confidence and skills. The mission of this organization is to strengthen the community by nurturing the potential of every child and promoting healthy living and social responsibility.
Official website here: www.thesay.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%
The Summit Area Young Men's Christian Association has received a perfect score of 100%, indicating exceptional performance in accountability and finance. This high rating reflects a strong commitment to transparency, with a fully independent board and no reported material diversion of assets. The organization demonstrates excellent oversight with its financial statements and maintains all necessary policies for governance and accountability.
In terms of financial health, the charity allocates a significant portion of its budget to programs, with an impressive program expense ratio of over 82%. This suggests that the vast majority of its funds are directed towards fulfilling its mission rather than administrative costs. The organization also displays a healthy liabilities to assets ratio of 34.29%, which points to good fiscal management.
Additionally, the YMCA excels in leadership and adaptability, scoring a perfect 100% in this area. It emphasizes investment in leadership development and shows a commitment to being adaptable in an ever-changing environment. Overall, the Summit Area YMCA stands out as a highly effective nonprofit organization with strong governance, financial responsibility, and a focus on impactful programming.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Summit Area Young Men's Christian Association A Nj Nonprofit Corporation?
80% of the 41 reviewers on Facebook recommend Summit Area Young Men's Christian Association. Here is a summary of their reviews:
Many users expressed positive sentiments towards the nonprofit, particularly highlighting their inclusive events, such as the first annual LGBTQ Pride event. Reviewers appreciated the efforts made by the staff and volunteers, acknowledging the hard work and dedication involved in organizing such initiatives.
Overall, the feedback indicates that the organization is making strides in fostering a sense of community and acceptance, which resonates well with attendees. The positive remarks signal a strong commitment to supporting diverse audiences and enhancing local engagement through its programs and events.
This AI summary has been generated from reviews found on Facebook.
Is Summit Area Young Men's Christian Association A Nj Nonprofit Corporation legitimate?
Summit Area Young Men's Christian Association A Nj Nonprofit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summit Area Young Men's Christian Association A Nj Nonprofit Corporation 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: $562,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,034,677
For more financial information, click here
Official website here: www.thesay.org
What is the mission statement of Summit Area Young Men's Christian Association A Nj Nonprofit Corporation?
The Summit Area Young Men's Christian Association (YMCA) is dedicated to fortifying the core of community by cultivating the abilities of children, encouraging healthy lifestyles, and instilling a sense of societal responsibility. Through a range of programs, the YMCA focuses on child development, providing a secure and nurturing environment for over 750 children from infancy to adolescence. This includes various activities like camps, after-school programs, and sports, which foster self-reliance, social skills, and academic growth. The organization's mission extends beyond children, as it also offers leadership and academic enrichment initiatives to help students thrive and build confidence. The Summit Area YMCA is committed to creating opportunities that enable young people to learn, grow, and connect with their peers.
Official website here: www.thesay.org
Who is the CEO of Summit Area Young Men's Christian Association A Nj Nonprofit Corporation?
Unavailable The CEO's salary of Summit Area Young Men's Christian Association A Nj Nonprofit Corporation is $322,278 and their total compensation is $364,550.
Official website here: www.thesay.org
What is the revenue of Summit Area Young Men's Christian Association A Nj Nonprofit Corporation?
Summit Area Young Men's Christian Association A Nj Nonprofit Corporation's revenue in 2022 was $16,358,475.
Official website here: www.thesay.org
Who are the executives of Summit Area Young Men's Christian Association A Nj Nonprofit Corporation and what are their salaries?
The average compensation at Summit Area Young Men's Christian Association A Nj Nonprofit Corporation during 2022 was $12,135. There are 626 employees and 499 volunteers at Summit Area Young Men's Christian Association A Nj Nonprofit Corporation.
Here are 29 key members and their salaries (Summit Area Young Men's Christian Association A Nj Nonprofit Corporation's CEO's salary is $322,278 and their total compensation is $364,550):
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Official website here: www.thesay.org
Where can I find the form 990 for Summit Area Young Men's Christian Association A Nj Nonprofit Corporation?
Summit Area Young Men's Christian Association A Nj Nonprofit Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thesay.org
Learn more at the official website: www.thesay.org
Mission Statement of Summit Area Young Men's Christian Association A Nj Nonprofit Corporation
The Summit Area Young Men's Christian Association, a renowned nonprofit organization, is dedicated to fortifying the core of communities by cultivating and enhancing the potential of every child. By nurturing young minds and bodies, this esteemed association promotes health and well-being, while instilling a strong sense of social responsibility within the community.
Through a myriad of programs tailored to children and teenagers, the Summit Area YMCA offers opportunities for growth and development. Childcare and early learning programs establish a solid foundation by focusing on the essential skills of child development, fostering healthy relationships, and instilling self-reliance. A safe and nurturing environment is provided for over 750 children, aged from six weeks to 12 years, to learn, grow, and thrive.
Leadership and academic enrichment programs are designed to help students flourish, enabling them to build essential skills and self-confidence. The Summit Area YMCA provides an array of engaging activities, from camp experiences to after-school programs, instilling a love for learning and fostering friendships. These endeavors offer young people opportunities to explore the outdoors, build self-esteem, and develop crucial interpersonal skills.
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Impact
October, 2024
The Summit Area YMCA profoundly impacts the community by nurturing the development of local youth, promoting healthy lifestyles, and fostering social responsibility. Through its various programs, it serves over 750 children, providing a safe and nurturing environment for children aged six weeks to 12 years. This early learning focus builds foundational skills, fosters healthy relationships, and encourages self-reliance among young participants.
The organization offers a wide range of opportunities for youth development, including childcare, after-school activities, and sports. These programs not only help children acquire essential social skills but also boost their confidence and self-esteem through leadership and academic enrichment initiatives. The YMCA’s day camps provide exciting outdoor experiences that promote exploration, friendship, and the development of interpersonal skills.
Overall, the Summit Area YMCA plays a critical role in strengthening community ties by ensuring that children are not only cared for and educated but also engaged in active, healthy living and have a strong sense of social responsibility.
This information is meant to be a general summary of Summit Area Young Men's Christian Association A Nj Nonprofit Corporation. 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 2022.
- Investment Income: $162,537
- Program Service Revenue: $13,553,507
- Gross Receipts: $17,522,355
Assets and Liabilities:
- Total Assets: $44,581,425
- Total Liabilities: $16,251,794
- Net Assets: $28,329,631
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Revenue
Revenue
$4,343,160
Childcare Revenue -- Infant/Toddler/Preschool
Revenue
$3,954,081
Childcare Revenue -- School Age
Revenue
$2,099,289
Day Camp Revenue
Revenue
$1,584,179
Resident Camp Revenue
Organization Details
Founding Year
1886
Phone
(908) 273-4270Main Address
99 Morris Avenue, Summit, NJ, 07901
Website
www.thesay.orgNTEE Category
Code: P270 - Human services
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