Overview
What is The Greater Morristown Ymca Inc?
The Greater Morristown YMCA Inc, an esteemed nonprofit organization with a rich history dating back to 1874, is deeply rooted in the values of honesty, respect, caring, and service to others. This organization, located in Cedar Knolls, New Jersey, is not only renowned for its fitness and aquatics facilities but also holds a profound philanthropic focus on childcare. As part of the YMCA of the USA, one of the largest non-profit childcare providers globally, the Greater Morristown YMCA manages three centers that collectively care for over 400 children daily. These centers, accredited by the National Association for the Education of Young Children (NAEYC), provide early education and year-round care for infants, toddlers, and preschoolers. The organization's mission is to ensure no child in the community is deprived of preschool education, recognizing its crucial role in a child's academic, social, and mental development. With an average tenure of 10 years for preschool teachers, exceeding the national average, the Greater Morristown YMCA ensures a stable and nurturing environment for young learners.
Official website here: www.greatermorristownymca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Greater Morristown YMCA Inc has earned a commendable Four-Star rating from Charity Navigator, indicating exceptional accountability and financial health. The organization's overall score derives entirely from its strong performance in accountability and finance, showcasing a commitment to transparency and responsible financial management.
Key strengths include a highly independent board with 91% of its members meeting independence criteria and a robust program expense ratio of over 93%. The charity demonstrates effective governance practices, as evident from its whistleblower policy, conflict of interest policy, and thorough documentation of board meeting minutes. These factors collectively reinforce its reputation as a trustworthy organization.
While the data reflects notable strengths, it is essential for potential supporters to consider ongoing efforts to maintain such high standards and transparency in fundraising and operational practices. Overall, The Greater Morristown YMCA Inc exhibits a solid foundation and commitment to ethical governance.
This AI summary has been generated from information found on Charity Navigator.
Is The Greater Morristown Ymca Inc legitimate?
The Greater Morristown Ymca Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Greater Morristown Ymca Inc 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: $334,309
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,273,278
For more financial information, click here
Official website here: www.greatermorristownymca.org
What is the mission statement of The Greater Morristown Ymca Inc?
The Greater Morristown YMCA, founded on principles of honesty, respect, caring, and service to others, aims to augment the spiritual, mental, and physical well-being of the community. Their primary focus is on childcare, being part of one of the largest non-profit childcare providers in the U.S., the YMCA of USA. The YMCA manages three centers that collectively care for over 400 children daily, with over 90% of students meeting or surpassing kindergarten entry requirements. Their centers, accredited by NAEYC, provide a safe, structured, and enjoyable environment for children to develop social skills and positive attitudes towards school and learning. The YMCA's mission is to ensure no child in the community misses out on preschool education, recognizing its importance in academic, social, and mental development. They offer full-day childcare to children who cannot afford it, considering it their vocation and mission.
Official website here: www.greatermorristownymca.org
Who is the CEO of The Greater Morristown Ymca Inc?
Unavailable The CEO's salary of The Greater Morristown Ymca Inc is $205,385 and their total compensation is $239,384.
Official website here: www.greatermorristownymca.org
What is the revenue of The Greater Morristown Ymca Inc?
The Greater Morristown Ymca Inc's revenue in 2022 was $11,195,490.
Official website here: www.greatermorristownymca.org
Who are the executives of The Greater Morristown Ymca Inc and what are their salaries?
The average compensation at The Greater Morristown Ymca Inc during 2022 was $15,207. There are 303 employees and 100 volunteers at The Greater Morristown Ymca Inc.
Here are 18 key members and their salaries (The Greater Morristown Ymca Inc's CEO's salary is $205,385 and their total compensation is $239,384):
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Official website here: www.greatermorristownymca.org
Where can I find the form 990 for The Greater Morristown Ymca Inc?
The Greater Morristown Ymca Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greatermorristownymca.org
Learn more at the official website: www.greatermorristownymca.org
Mission Statement of The Greater Morristown Ymca Inc
The Greater Morristown YMCA, established in 1874, is grounded in the Christian values of honesty, respect, caring, and service to others. Its primary mission is to enrich the spiritual, mental, and physical well-being of the community by offering a variety of activities. This nonprofit organization is particularly passionate about childcare, making it a significant focus of its philanthropic endeavors.
With over 400 children under its care, The Greater Morristown YMCA manages three childcare centers, each accredited by the National Association for the Education of Young Children (NAEYC). These centers provide year-round early childhood care for infants, toddlers, and preschoolers. The organization's commitment to childcare extends beyond providing a safe and structured environment; it ensures that over 90% of its students meet or exceed the Morris School District's kindergarten entry requirements.
The Greater Morristown YMCA's childcare centers play a pivotal role in fostering self-confidence, social skills, and positive attitudes towards learning in youngsters. By offering this service, the organization allows parents to work with peace of mind, knowing their children are well-cared for. The YMCA's childcare centers boast an average tenure of 10 years for preschool teachers, exceeding the national average in the field of childcare.
In line with its mission, The Greater Morristown YMCA aims to ensure that no child in its community is deprived of preschool education. It recognizes that underprivileged children in the area are at risk of beginning kindergarten at a disadvantage. Preschool education is fundamental to a child's academic, social, and mental development, and The Greater Morristown YMCA ensures that this essential early education is possible, providing full-day childcare regardless of a family's ability to pay. The organization views childcare as its vocation and mission, and thousands of children have benefited from its services.
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Impact
October, 2024
The Greater Morristown YMCA serves as a cornerstone for the local community, profoundly impacting the lives of over 400 children and their families through its comprehensive childcare programs. Established in 1874, this institution upholds the principles of honesty, respect, caring, and service, fostering an environment that prioritizes spiritual, mental, and physical well-being.
One of the hallmark contributions of the Greater Morristown YMCA is its dedication to high-quality early childhood education. With three accredited centers, including the Richard F. Blake Children’s Center, Children’s Corner at Morristown Medical Center, and Angela’s Place, the organization ensures that children receive a nurturing and educational environment. The accreditation from the National Association for the Education of Young Children (NAEYC) highlights the excellence of their programs, as only 7% of childcare centers nationwide achieve this distinction.
The YMCA’s focus on early childhood education empowers children to develop self-confidence, social skills, and a positive attitude toward learning. Remarkably, over 90% of their students meet or exceed the Morris School District's entry requirements for Kindergarten, illustrating the effectiveness of the early education they provide. Moreover, with an average teacher tenure of 10 years, the YMCA surpasses national averages, ensuring consistency and caring relationships for the children.
Understanding the critical role that preschool education plays in a child’s development, the Greater Morristown YMCA actively seeks to eliminate barriers for families. By turning no child away based on their family’s financial situation, it stands as a model of support for underprivileged children who may otherwise start their academic journeys at a disadvantage. This commitment underscores a broader mission of community service, ensuring that every child has access to the early education they need to thrive.
In addition to formal education, the Greater Morristown YMCA fosters a safe, structured, and enjoyable environment, allowing parents peace of mind as they work, knowing their children are in capable hands. This blend of education, care, and community service solidifies the Greater Morristown YMCA's impact as an essential resource that enriches the entire community, ensuring a brighter future for countless families.
This information is meant to be a general summary of The Greater Morristown Ymca Inc. 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: $36,543
- Program Service Revenue: $7,098,807
- Gross Receipts: $11,499,962
Assets and Liabilities:
- Total Assets: $22,138,958
- Total Liabilities: $6,539,743
- Net Assets: $15,599,215
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Childcare Revenue -- Infant/Toddler/Preschool
Revenue
$3,754,576
Membership Revenue
Revenue
$1,718,304
Day Camp Revenue
Revenue
$563,238
Childcare Revenue -- School Age
Revenue
$169,484
Resident Camp Revenue
Organization Details
Founding Year
1874
Phone
(973) 267-0704Main Address
79 Horsehill Rd, Cedar Knolls, NJ, 07927
NTEE Category
Code: P20 - Human services
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