Overview
What is The Family Y?
The Family Y, specifically the Goldsboro Family YMCA, is a nonprofit organization situated in Goldsboro, North Carolina. With a strong commitment to youth development, they provide year-round childcare options catering to various age groups. Their programs emphasize social and emotional health, values education, skill development, and relationship building, ultimately fostering positive behaviors, improved health, and higher educational achievements. The YMCA's offerings include initiatives such as Youth Aquatics, Youth Sports, Summer Day Camp, Y Afterschool, and a Licensed Three Starr Preschool, all designed to nurture holistic growth. As a cause-driven charitable organization, The Family Y is dedicated to enhancing the well-being of their community. They put Christian principles into action through programs promoting physical, mental, and spiritual health. The organization has significantly expanded their Feeding Programs to address growing Food Insecurity in the county. Early childhood education and school-age childcare remain high priorities for The Family Y, and they actively seek local partnerships to further solidify their role as a community resource. With a workforce of 201 individuals, The Family Y continues to make a positive impact in the lives of its community members.
Official website here: www.goldsboroymca.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95% (Four-Star out of Four Star rating)
The Family Y has received a high rating of 95% from Charity Navigator, reflecting its strong commitment to accountability and financial management. The organization's score is derived entirely from their performance in the Accountability & Finance beacon, indicating transparency and responsible stewardship of resources. With a fully independent board and comprehensive financial oversight, The Family Y demonstrates robust governance practices.
The organization excels in various aspects of financial management, achieving full marks in areas such as audit oversight and conflict of interest policies. Its liabilities to assets ratio is commendably low at 24.19%, suggesting a stable financial foundation. Additionally, a significant portion of their expenses is directed toward programs, with a program expense ratio of 68.81%, which indicates a strong focus on mission-driven activities.
While the overall rating is impressive, it is important for potential donors or supporters to consider the broader impact and specific programs of The Family Y. No limitations were specifically noted regarding operations or effectiveness, but a deeper understanding of program outcomes could provide further insight into their overall impact on the community.
This AI summary has been generated from information found on Charity Navigator.
Is The Family Y legitimate?
The Family Y is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Family Y 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: $61,260
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,329,687
For more financial information, click here
Official website here: www.goldsboroymca.org
What is the mission statement of The Family Y?
The Family Y, as a charitable organization, is driven by a mission to strengthen its community by implementing Christian principles through programs that foster physical, mental, and spiritual well-being for all individuals. In line with this mission, the organization is expanding its Feeding Programs to address the rising Food Insecurity in the area. Early childhood education and school-age childcare remain high priorities for The Family Y, and they are actively exploring local partnerships to further establish themselves as a significant community resource.
Through its youth development initiatives, The Family Y aims to nurture the potential of every child. They offer a variety of programs, such as Youth Aquatics Initiatives, Youth Sports, Summer Day Camp, Y Afterschool, and a licensed preschool, which focus on social and emotional health, values education, skill development, and relationship building. The goal is to promote positive behaviors, better health, and educational achievement while ensuring affordable and safe programs for all families.
Official website here: www.goldsboroymca.org
Who is the CEO of The Family Y?
Unavailable The CEO's salary of The Family Y is $0 and their total compensation is $0.
Official website here: www.goldsboroymca.org
What is the revenue of The Family Y?
The Family Y's revenue in 2022 was $3,082,593.
Official website here: www.goldsboroymca.org
Who are the executives of The Family Y and what are their salaries?
The average compensation at The Family Y during 2022 was $6,920. There are 201 employees and 725 volunteers at The Family Y.
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Official website here: www.goldsboroymca.org
Where can I find the form 990 for The Family Y?
The Family Y's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goldsboroymca.org
Learn more at the official website: www.goldsboroymca.org
Mission Statement of The Family Y
The Family Y, as a cause-driven charitable organization, is dedicated to strengthening the community's foundations. They achieve this mission by putting Christian principles into practice through programs that foster physical, mental, and spiritual well-being for all individuals. The organization's commitment extends to addressing the high food insecurity needs in the community by significantly expanding its Feeding Programs.
In terms of youth development, The Family Y is deeply invested in nurturing the potential of every child. They offer a variety of programs and childcare options for all ages, ensuring that families have access to safe and affordable options all year round. These programs focus on promoting social and emotional health, instilling values, enhancing skills, and fostering positive relationships. The YMCA's initiatives, such as Youth Aquatics Initiatives, Youth Sports, Summer Day Camp, Y Afterschool, and the Licensed Three Starr Preschool, aim to enrich cognitive, social, physical, and emotional growth in children.
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Impact
July, 2024
The Family Y's impact is significant in the community, particularly in Goldsboro, NC. Through their cause-driven programs aimed at youth development and community partnerships, they are actively working to strengthen the foundations of the community. The organization's focus on nurturing the potential of every child, providing childcare options, and offering a range of skill-building programs leads to positive behaviors, better health, and educational achievement. Their commitment to ensuring access to safe and affordable programs for every family underscores their dedication to serving the community's needs.
This information is meant to be a general summary of The Family Y. 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: $20,212
- Program Service Revenue: $2,387,972
- Gross Receipts: $3,082,593
Assets and Liabilities:
- Total Assets: $4,001,609
- Total Liabilities: $815,283
- Net Assets: $3,186,326
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Healthy Living
Revenue
$1,407,044
Youth Development
Revenue
$939,056
Social Responsibility
Revenue
$41,872
Organization Details
Founding Year
1980
Phone
(919) 778-8557Main Address
1105 Parkway Dr PO Box 10355, Goldsboro, NC, 27534
Website
www.goldsboroymca.orgNTEE Category
Code: P20 - Human services
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