Overview
What is The Young Men's Christian Assoc Of Mankato Inc?
The Young Men's Christian Assoc of Mankato Inc, operating as the Mankato Family YMCA, is a nonprofit organization based in Mankato, Minnesota. With a mission to embody Christian principles, they offer programs and services that foster a balanced spirit, mind, body, and social well-being for all individuals. Their core activities include youth development through sports programs, after-school adventures, pre-school, and summer camps, ensuring a year-round opportunity for learning and growth. Activities such as swimming, canoeing, archery, and field trips are provided, promoting physical activities and social interaction. The Mankato Family YMCA also offers character development, physical activity, and relationship-building opportunities through their After School Adventures Program. Their transportation service ensures the safety of children during the often-dangerous post-school hours. Lastly, their Financial Assistance Program enables families to afford these programs, making them an attractive and cost-effective option. In total, the organization employs 382 individuals, demonstrating their commitment to serving the community.
Official website here: www.mankatoymca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Young Men's Christian Association of Mankato Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. This rating is indicative of the organization’s effective governance practices and prudent financial management, as evidenced by a perfect score in several key areas, including independence of board members and the absence of material diversion of assets.
The organization demonstrates a robust program expense ratio of 87.86%, indicating that the majority of its funds are directed towards its mission-related activities. Additionally, the presence of comprehensive policies such as conflict of interest and whistleblower protections further highlights its commitment to ethical practices and risk management.
While the financial health of the organization appears solid with a low liabilities-to-assets ratio, the focus remains mainly on accountability and finance metrics. Future evaluations might benefit from additional insights into the organization’s programmatic impact and community engagement outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is The Young Men's Christian Assoc Of Mankato Inc legitimate?
The Young Men's Christian Assoc Of Mankato Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Young Men's Christian Assoc Of Mankato 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: $137,687
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,193,728
For more financial information, click here
Official website here: www.mankatoymca.org
What is the mission statement of The Young Men's Christian Assoc Of Mankato Inc?
The Young Men's Christian Assoc of Mankato Inc's mission is centered around implementing Christian principles in daily life. They achieve this through various programs and services that foster a holistic well-being, encompassing the spirit, mind, body, and social aspects. The organization's activities serve as a platform for instilling positive values in children, preparing them for adulthood. Their youth development initiatives, such as sports programs and after-school adventures, teach fundamental skills, good sportsmanship, and social skills. Summer camps offer a wide range of activities to keep children engaged and active. The mentoring programs empower children, while swim lessons promote water safety. These programs emphasize the YMCA's core values and aid in children's social development. The organization also provides transportation and financial assistance to make these programs affordable for families.
Official website here: www.mankatoymca.org
Who is the CEO of The Young Men's Christian Assoc Of Mankato Inc?
John Kind is the Vice President/President of The Young Men's Christian Assoc Of Mankato Inc.
Official website here: www.mankatoymca.org
What is the revenue of The Young Men's Christian Assoc Of Mankato Inc?
The Young Men's Christian Assoc Of Mankato Inc's revenue in 2022 was $4,287,454.
Official website here: www.mankatoymca.org
Who are the executives of The Young Men's Christian Assoc Of Mankato Inc and what are their salaries?
The average compensation at The Young Men's Christian Assoc Of Mankato Inc during 2022 was $6,103. There are 382 employees and 528 volunteers at The Young Men's Christian Assoc Of Mankato Inc.
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- Compensation: $118,326
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- Other: $19,361
Official website here: www.mankatoymca.org
Where can I find the form 990 for The Young Men's Christian Assoc Of Mankato Inc?
The Young Men's Christian Assoc Of Mankato Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mankatoymca.org
Learn more at the official website: www.mankatoymca.org
Mission Statement of The Young Men's Christian Assoc Of Mankato Inc
The Young Men's Christian Assoc of Mankato Inc, a nonprofit organization, is dedicated to putting Christian principles into practice through programs and services that foster a healthy spirit, mind, body, and social well-being for all individuals. This mission is carried out through various initiatives, including youth development programs. The organization provides activities that instill positive values in children, teaching them fundamental skills and the importance of good sportsmanship. Their youth sports programs have engaged 734 participants, and they offer after-school adventures, pre-school programs, camps, and swim lessons to cater to the needs of children throughout the year. The organization's skatepark and mentoring programs also play significant roles in fostering personal growth and development. Their Marlins swim team and swim lessons teach water safety skills, and their camps provide a diverse range of activities to keep children active and engaged during summer holidays. The after-school adventures program offers character development, physical activity, and relationship-building opportunities, and for many children, it provides safe transportation from school to the YMCA. The organization's financial assistance program ensures that these programs are affordable for families. In essence, The Young Men's Christian Assoc of Mankato Inc is committed to nurturing the holistic development of children and youth, instilling positive values, and promoting physical activity and social interaction.
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Impact
July, 2024
The Young Men's Christian Assoc Of Mankato Inc has a profound impact on the community by providing a wide range of programs and services that focus on youth development and promoting healthy values. With activities such as youth sports programs, after-school adventures, preschool programs, camps, mentoring programs, swimming lessons, and more, the organization positively influences the lives of hundreds of children each year. By instilling positive values, promoting physical activity, and fostering social skills, the YMCA helps children grow and learn in a safe and nurturing environment. Additionally, the financial assistance program ensures that these valuable programs are accessible to all families in the community, making a significant difference in the lives of many.
This information is meant to be a general summary of The Young Men's Christian Assoc Of Mankato 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: $115,548
- Program Service Revenue: $2,590,062
- Gross Receipts: $4,487,944
Assets and Liabilities:
- Total Assets: $9,076,141
- Total Liabilities: $522,409
- Net Assets: $8,553,732
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP REVENUE
Revenue
$1,285,951
DAYCAMP REVENUE
Revenue
$390,061
OTHER PROGRAM SERVICE
Revenue
$307,232
CHILDCARE REVENUE - SC
Revenue
$225,770
CHILDCARE REVENUE - IN
Revenue
$214,424
Organization Details
Founding Year
1903
Phone
(507) 387-8255Principal Officer
John Kind
Main Address
1401 SOUTH RIVERFRONT DRIVE, MANKATO, MN, 56001
Website
www.mankatoymca.orgNTEE Category
Code: P270 - Human services
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