Overview
What is Mary Ymca Of Beatrice Ne?
The Mary YMCA of Beatrice NE is a charitable community service organization, open to individuals of all ages, abilities, income levels, races, and religions. Their mission is to foster strong kids, families, and communities by incorporating Christian principles into their programs, which aim to promote physical, mental, and spiritual well-being. The YMCA encourages healthy lifestyles and strong values, including caring, honesty, respect, and responsibility. Their offerings include affordable fitness programs, sports activities for youth and adults, and swimming lessons for toddlers. They also organize events and community activities to support those at risk, ensuring that no child is denied membership due to financial constraints. With a volunteer board and coaches, the Mary YMCA is committed to providing a supportive and inclusive environment for everyone in their community.
Official website here: www.beatriceymca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1-Star out of Four Stars (56%)
The Mary Ymca of Beatrice, NE, has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial health and accountability. The charity scored 56% overall, reflecting weaknesses in certain financial metrics, particularly a high liabilities-to-assets ratio of 72.02%, which raises questions about its financial stability.
On a positive note, the organization demonstrates strengths in governance, with an entirely independent board and well-documented policies regarding conflict of interest, whistleblower protections, and document retention. The charity also maintains thorough financial statements through audits and has ensured that board meeting minutes are properly documented.
However, the charity faces criticism for its low program expense ratio of 44.87% and the absence of its tax form on its website, which are both crucial indicators of effective resource allocation and transparency. These limitations contribute to the low overall rating, signaling a need for improvement in financial management and public accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Mary Ymca Of Beatrice Ne legitimate?
Mary Ymca Of Beatrice Ne is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mary Ymca Of Beatrice Ne 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $483,636
For more financial information, click here
Official website here: www.beatriceymca.org
What is the mission statement of Mary Ymca Of Beatrice Ne?
The Mary YMCA is a charitable organization dedicated to serving the community, welcoming individuals of all ages, abilities, backgrounds, and faiths. Their mission is to foster strong kids, families, and communities by instilling Christian values through programs that nurture a healthy spirit, mind, and body. The YMCA promotes healthy lifestyles and strong moral values, such as caring, honesty, respect, and responsibility. They strive to ensure that everyone, regardless of financial circumstances, has access to their services, and no youth will be denied membership or programs due to inability to pay. The Mary YMCA is led and supported by a volunteer board from the community, who also serve as coaches and are the backbone of the organization.
Official website here: www.beatriceymca.org
Who is the CEO of Mary Ymca Of Beatrice Ne?
Alison Leonard is the CEO of Mary Ymca Of Beatrice Ne The CEO's salary of Mary Ymca Of Beatrice Ne is $68,500 and their total compensation is $68,500.
Official website here: www.beatriceymca.org
What is the revenue of Mary Ymca Of Beatrice Ne?
Mary Ymca Of Beatrice Ne's revenue in 2023 was $1,771,000.
Official website here: www.beatriceymca.org
Who are the executives of Mary Ymca Of Beatrice Ne and what are their salaries?
The average compensation at Mary Ymca Of Beatrice Ne during 2023 was $4,357. There are 111 employees and 300 volunteers at Mary Ymca Of Beatrice Ne.
Here are 13 key members and their salaries (Mary Ymca Of Beatrice Ne's CEO's salary is $68,500 and their total compensation is $68,500):
- Compensation: $68,500
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Official website here: www.beatriceymca.org
Where can I find the form 990 for Mary Ymca Of Beatrice Ne?
Mary Ymca Of Beatrice Ne's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.beatriceymca.org
Learn more at the official website: www.beatriceymca.org
Mission Statement of Mary Ymca Of Beatrice Ne
The Mary YMCA is a charitable organization that serves individuals of all ages, abilities, income levels, races, and religions within the community. Its mission is to foster strong kids, families, and communities by embedding Christian principles into practical programs that promote physical, mental, and spiritual health for all participants. The YMCA advocates for healthy lifestyles and strong values, emphasizing compassion, honesty, respect, and responsibility. Everyone is welcome at the Mary YMCA, regardless of their financial situation; no youth will be denied membership or programs due to financial constraints. The organization is led and supported by a volunteer board from the community, who also serve as coaches and form the backbone of the organization.
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Impact
July, 2024
The Mary YMCA of Beatrice, NE has a significant impact on the community by providing a wide range of programs and services that promote health and wellness for individuals of all ages and abilities. Through activities such as sports programs, aquatic exercises, family programs, and community events, the YMCA helps people develop physical skills, social connections, and healthy habits. Additionally, the YMCA is committed to inclusivity, welcoming everyone regardless of their ability to pay and ensuring that no youth is denied membership or programs for financial reasons. By creating a supportive and inclusive environment, the Mary YMCA plays a crucial role in building strong kids, strong families, and a strong community based on Christian principles of caring, honesty, respect, and responsibility.
This information is meant to be a general summary of Mary Ymca Of Beatrice Ne. 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: $9,464
- Program Service Revenue: $1,041,213
- Gross Receipts: $3,346,324
Assets and Liabilities:
- Total Assets: $2,349,020
- Total Liabilities: $84,996
- Net Assets: $2,264,024
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$752,707
PROGRAM FEES
Revenue
$288,506
Organization Details
Founding Year
1903
Principal Officer
Ron Fehn
Website
www.beatriceymca.orgNTEE Category
Code: N31 - Recreation
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