Overview
What is Alleghany Highlands Young Men's Christian Association?
The Alleghany Highlands Young Men's Christian Association (YMCA) is a nonprofit organization located in Covington, Virginia. With a mission to promote holistic development in children and youth, the YMCA offers high-quality childcare services for infants, preschoolers, and school-age children. The programs are designed to provide a safe and nurturing environment that fosters self-esteem, good values, and an appreciation for charitable service. The YMCA's childcare offerings include various state-licensed programs, both full and part-time, which cater to the needs of children from diverse backgrounds. These programs operate in partnership with local school districts, ensuring alignment with the educational goals of the schools. The YMCA also provides summer day camp programs, featuring weekly themed activities and field trips. In line with its mission, the Alleghany Highlands YMCA strives to strengthen families by hosting family events, offering life skills classes, and facilitating home visits. Furthermore, the YMCA collaborates with local school districts and other governmental agencies to support children and families. It also provides tuition assistance for childcare programs, aiming to make these services accessible to all. The YMCA is contracted to provide services with Head Start and the Virginia Preschool Initiative funding, demonstrating a commitment to serving the community's needs. With a workforce of 125 dedicated individuals, the Alleghany Highlands YMCA continues to promote healthy spirit, mind, and body for all, in accordance with its Christian principles.
Official website here: www.alleghanyhighlandsymca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Alleghany Highlands Young Men's Christian Association (YMCA) has received a strong Four-Star rating from Charity Navigator, reflecting exceptional accountability and financial health. The organization scored a remarkable 100% in key areas such as independent board governance and financial oversight, indicating robust operational practices and transparency. The YMCA has effectively demonstrated its commitment to good financial management, with no material diversion of assets and a high program expense ratio of 85.69%.
Financially, the organization showcases impressive efficiency, with a fundraising cost of just $0.022 per dollar raised, highlighting its effective fundraising strategies. Additionally, the YMCA maintains a healthy working capital ratio of 2.95 years, ensuring a stable financial foundation for its ongoing programs and services. The presence of various policies, such as conflict of interest and whistleblower protections, further underscores its commitment to ethical governance.
While the current data illustrates strong operational strengths, it is essential to keep an eye on ongoing performance and community impact. Continuous evaluation will provide insights into how effectively the YMCA meets its mission and supports the community in the long term. Overall, the Alleghany Highlands YMCA stands out as a well-managed nonprofit organization dedicated to serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Alleghany Highlands Young Men's Christian Association legitimate?
Alleghany Highlands Young Men's Christian Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alleghany Highlands Young Men's Christian Association 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: $57,304
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,126,108
For more financial information, click here
Official website here: www.alleghanyhighlandsymca.org
What is the mission statement of Alleghany Highlands Young Men's Christian Association?
The Alleghany Highlands Young Men's Christian Association's mission is centered around implementing Christian principles in various programs aimed at promoting holistic development. These programs are designed to foster a healthy spirit, mind, and body for all individuals. The YMCA offers high-quality child care activities for infants, preschoolers, and school-age children, providing a safe and nurturing environment that encourages self-esteem, good values, and an appreciation for charitable service. The child care programs partner with local schools and governmental agencies to support the educational and developmental needs of the children and families, and also offer summer day camp programs with themed activities and family events. The YMCA also provides tuition assistance for child care programs to ensure accessibility for all families.
Official website here: www.alleghanyhighlandsymca.org
Who is the CEO of Alleghany Highlands Young Men's Christian Association?
Unavailable
Official website here: www.alleghanyhighlandsymca.org
What is the revenue of Alleghany Highlands Young Men's Christian Association?
Alleghany Highlands Young Men's Christian Association's revenue in 2022 was $2,527,361.
Official website here: www.alleghanyhighlandsymca.org
Who are the executives of Alleghany Highlands Young Men's Christian Association and what are their salaries?
The average compensation at Alleghany Highlands Young Men's Christian Association during 2022 was $9,467. There are 125 employees and 94 volunteers at Alleghany Highlands Young Men's Christian Association.
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- Compensation: $52,131
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- Other: $5,173
Official website here: www.alleghanyhighlandsymca.org
Where can I find the form 990 for Alleghany Highlands Young Men's Christian Association?
Alleghany Highlands Young Men's Christian Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alleghanyhighlandsymca.org
Learn more at the official website: www.alleghanyhighlandsymca.org
Mission Statement of Alleghany Highlands Young Men's Christian Association
Alleghany Highlands YMCA is dedicated to implementing Christian values in its programs, with the primary objective of fostering the holistic development of children and youth. The organization's mission, stated as, "to put Christian principles into practice through programs that build healthy spirit, mind and body for all," is a commitment to nurturing the physical, mental, and spiritual well-being of its community members, particularly children.
The YMCA provides high-quality child care activities for infants, preschoolers, and school-age children. These programs are designed to develop self-esteem, instill good values, and foster an appreciation for charitable service. The child care services cater to various segments of the community, offering both full and part-time options. The programs align with local school district curriculums, ensuring educational support and meeting individual child needs. The YMCA also partners with organizations like Head Start and the Virginia Preschool Initiative for funding and support.
During the summer, the YMCA offers day camp programs with themed activities, outdoor games, character development sessions, science and discovery lessons, and field trips. These camp experiences are designed to keep children engaged and learning while fostering a sense of community and fun. The YMCA's child care programs also prioritize family strengthening, hosting events such as life skills classes, home visits, and parental education sessions. The organization partners with local school districts and government agencies to support children and families, and offers tuition assistance for child care programs. In summary, Alleghany Highlands YMCA is a community-focused organization that promotes Christian values, fostering the well-being and development of children through diverse and engaging programs.
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Impact
July, 2024
The impact of the Alleghany Highlands Young Men's Christian Association is focused on the holistic development of children and youth in the Covington, VA area. They provide high-quality child care programs that offer a safe and nurturing environment for infants, preschoolers, and school-age children from all segments of the community. By offering a variety of state-licensed child care programs, both full and part-time, the YMCA helps children develop self-esteem, good values, and an appreciation for charitable service.
Furthermore, the YMCA's child care programs assist parents in balancing work and family responsibilities, enabling them to remain gainfully employed while knowing their children are thriving in a safe and developmentally sound environment. The YMCA collaborates with local school districts to align its curriculum with educational goals, supports the needs of individual children, and provides services with funding from Head Start and the Virginia Preschool Initiative.
In addition to child care programs, the YMCA hosts family events and provides support to strengthen families within the community. By offering life skills classes, home visits, and other resources, the YMCA helps parents learn how to raise children who are happy and healthy in spirit, mind, and body. The organization also partners with local school districts and government agencies to support children and families and provides tuition assistance for child care programs.
Overall, the Alleghany Highlands YMCA's impact is significant, serving approximately 130-180 children on a monthly basis and striving to fulfill its mission of putting Christian principles into practice through programs that promote healthy spirit, mind, and body for all.
This information is meant to be a general summary of Alleghany Highlands Young Men's Christian Association. 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: $3,002
- Program Service Revenue: $700,937
- Gross Receipts: $2,527,361
Assets and Liabilities:
- Total Assets: $6,288,328
- Total Liabilities: $403,599
- Net Assets: $5,884,729
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Revenue
Revenue
$468,201
Childcare Revenue -- Infant/Toddler/Preschool
Revenue
$145,703
Childcare Revenue -- School Age
Revenue
$35,910
Day Camp Revenue
Revenue
$16,248
Resident Camp Revenue
Organization Details
Founding Year
1992
Phone
(540) 862-8678Main Address
101 YMCA Way, Covington, VA, 24426
NTEE Category
Code: P27I - Human services
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