Overview
What is Central Florida Ymca Foundation Inc?
The Central Florida Ymca Foundation Inc is a nonprofit organization that primarily serves to support the Central Florida Ymca. Its primary role involves managing endowment contributions and conducting fundraising activities on behalf of the Central Florida Ymca. One of its key initiatives is providing scholarships, enabling individuals to access the Ymca's facilities and programs without financial constraints. This way, the Central Florida Ymca Foundation Inc contributes to making these resources more accessible to a wider community, thereby promoting the Central Florida Ymca's mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
The Central Florida YMCA Foundation Inc has been awarded a Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The overall score is based solely on a comprehensive analysis of the organization’s financial practices, with a notable emphasis on its accountability measures. This high rating indicates that the organization effectively manages its resources and adheres to best practices in financial transparency.
Strengths of the foundation include a fully independent board, with 100% independent members, which enhances its governance and decision-making processes. Additionally, the foundation has received perfect scores in several key areas, including its conflict of interest and whistleblower policies, signaling a robust framework to address ethical concerns. The program expense ratio is also commendable at 74.73%, indicating that a significant portion of its funds is directed towards its mission.
While the organization demonstrates strong financial health, as evidenced by a low liabilities to assets ratio of 1.04%, it is essential for potential donors and stakeholders to continuously monitor its performance and impact. Overall, the Central Florida YMCA Foundation Inc exemplifies a reliable nonprofit committed to serving its community with integrity and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Central Florida Ymca Foundation Inc legitimate?
Central Florida Ymca Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Florida Ymca Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Central Florida Ymca Foundation Inc?
The Central Florida YMCA Foundation's primary role is to manage endowment contributions and engage in fundraising activities on behalf of the Central Florida YMCA. One of its key functions is to provide scholarships, enabling individuals to access YMCA facilities and programs. The ultimate goal of the Central Florida YMCA Foundation is to support the Central Florida YMCA, ensuring its ongoing operations and services. The foundation's scholarships aim to make these facilities and programs more accessible, thereby promoting the overall mission and objectives of the Central Florida YMCA.
Who is the CEO of Central Florida Ymca Foundation Inc?
Catiusca Paez is the Chairman of Central Florida Ymca Foundation Inc. The CEO's salary of Central Florida Ymca Foundation Inc is $0 and their total compensation is $250,000.
What is the revenue of Central Florida Ymca Foundation Inc?
Central Florida Ymca Foundation Inc's revenue in 2022 was $124,468.
Who are the executives of Central Florida Ymca Foundation Inc and what are their salaries?
There 5 volunteers at Central Florida Ymca Foundation Inc.
Here are 8 key members and their salaries (Central Florida Ymca Foundation Inc's CEO's salary is $0 and their total compensation is $250,000):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $234,706
- Other: $21,609
- Compensation: $0
- Related: $22,652
- Other: $0
- Compensation: $0
- Related: $283,145
- Other: $18,986
- Compensation: $0
- Related: $250,000
- Other: $0
Where can I find the form 990 for Central Florida Ymca Foundation Inc?
Central Florida Ymca Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Central Florida Ymca Foundation Inc
The Central Florida YMCA Foundation, Inc. serves a vital role in supporting the Central Florida YMCA. Its primary mission is to manage endowment contributions and conduct fundraising activities on behalf of the Central Florida YMCA. Beyond this, the foundation also provides scholarships to individuals, enabling them to utilize the facilities and participate in programs offered by the Central Florida YMCA. In essence, the Central Florida YMCA Foundation, Inc. exists to strengthen the Central Florida YMCA by providing financial assistance and resources, thereby making its facilities and programs more accessible to a wider range of individuals.
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Impact
October, 2024
Central Florida YMCA Foundation Inc plays a crucial role in enhancing community well-being and access to vital programs and services. By managing endowment contributions, the Foundation ensures a stable financial future for the Central Florida YMCA, allowing it to maintain and expand its offerings.
Through fundraising activities, the Foundation empowers individuals to participate in YMCA programs by providing scholarships, thus making health and wellness resources accessible to diverse populations. This support not only enriches the lives of beneficiaries but also fosters a stronger sense of community by ensuring that all individuals can take advantage of the resources and services available at the YMCA.
In sum, the Central Florida YMCA Foundation Inc not only sustains the YMCA's operations but also enhances community engagement and supports individual growth through financial assistance and resources, ultimately aiming to improve overall quality of life in the region.
This information is meant to be a general summary of Central Florida Ymca Foundation 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: $52,187
- Gross Receipts: $4,192,243
Assets and Liabilities:
- Total Assets: $10,343,039
- Total Liabilities: $108,294
- Net Assets: $10,234,745
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Organization Details
Founding Year
2001
Phone
(407) 896-9220Principal Officer
Catiusca Paez
Main Address
433 N MILLS AVE, ORLANDO, FL, 328035721
NTEE Category
Code: P11 - Human services
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