Overview
What is Hopkins County Family Young Men's Christian Association Inc?
Hopkins County Family Young Men's Christian Association Inc, located in Madisonville, Kentucky, is a nonprofit organization dedicated to enhancing the lives of individuals and families within their community. Aligning with YMCA of the USA's mission as a provider of affordable, high-quality childcare, they strive to offer support to as many families in need as possible. In 2022, they offered financial assistance to 93 children to participate in aquatics and youth sports, and provided opportunities for 628 children to engage in these activities. Approximately 15% of the children received assistance. The association's childcare program maintains a commitment to family life, continuously adapting to changing family needs. With a focus on Christian values, Hopkins County Family Young Men's Christian Association Inc aims to strengthen the spirit, mind, and body of the individuals they serve, helping families overcome today's challenges. As of the provided information, the organization boasts a workforce of 164 employees.
Official website here: www.hopkinscountyymca.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: One-Star out of Four Stars (56%)
The Hopkins County Family Young Men's Christian Association Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial health. While the organization demonstrates strong governance with 100% independent board members and transparency in policies related to conflict of interest, whistleblowing, and document retention, it falls short in key financial metrics.
The charity's financial statements reveal a concerning program expense ratio of 45.25%, suggesting a substantial portion of its budget may not be directed towards its programs. Additionally, the liabilities to assets ratio of 2.52% is notably low, which raises flags regarding its financial sustainability. The lack of posted tax forms on the nonprofit's website further detracts from its transparency.
Overall, while the Hopkins County Family YMCA shows commendable governance practices, its financial management and program expenditure raise serious questions about its effectiveness and operational priorities as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Hopkins County Family Young Men's Christian Association Inc legitimate?
Hopkins County Family Young Men's Christian Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hopkins County Family Young Men's Christian Association 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: $135,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $918,986
For more financial information, click here
Official website here: www.hopkinscountyymca.com
What is the mission statement of Hopkins County Family Young Men's Christian Association Inc?
The Hopkins County Family Young Men's Christian Association Inc's mission is centered around improving the lives of individuals, families, and communities. They achieve this by offering opportunities that align with Christian values, aiming to strengthen an individual's Spirit, Mind, and Body, enabling them to overcome the challenges of today and tomorrow. The association serves as a provider of affordable, high-quality childcare, striving to serve as many families in need as possible. In 2022, they offered financial assistance to 93 children to participate in aquatics and youth sports, and provided opportunities for 628 children to engage in these activities. Their childcare program remains committed to adapting and growing to meet the changing needs of families, recognizing the importance of dependability and peace of mind in childcare.
Official website here: www.hopkinscountyymca.com
Who is the CEO of Hopkins County Family Young Men's Christian Association Inc?
Unavailable The CEO's salary of Hopkins County Family Young Men's Christian Association Inc is $85,502 and their total compensation is $85,502.
Official website here: www.hopkinscountyymca.com
What is the revenue of Hopkins County Family Young Men's Christian Association Inc?
Hopkins County Family Young Men's Christian Association Inc's revenue in 2022 was $2,980,412.
Official website here: www.hopkinscountyymca.com
Who are the executives of Hopkins County Family Young Men's Christian Association Inc and what are their salaries?
The average compensation at Hopkins County Family Young Men's Christian Association Inc during 2022 was $6,430. There are 164 employees and 105 volunteers at Hopkins County Family Young Men's Christian Association Inc.
Here are 20 key members and their salaries (Hopkins County Family Young Men's Christian Association Inc's CEO's salary is $85,502 and their total compensation is $85,502):
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Official website here: www.hopkinscountyymca.com
Where can I find the form 990 for Hopkins County Family Young Men's Christian Association Inc?
Hopkins County Family Young Men's Christian Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopkinscountyymca.com
Learn more at the official website: www.hopkinscountyymca.com
Mission Statement of Hopkins County Family Young Men's Christian Association Inc
Hopkins County Family YMCA, as a part of the YMCA of the USA, is dedicated to enhancing the lives of individuals, families, and communities by offering opportunities that align with Christian values. The organization's mission is to foster strength in spirit, mind, and body, enabling people to overcome challenges both today and tomorrow. By connecting with various communities, Hopkins County Family YMCA strives to provide affordable and high-quality childcare services, acknowledging the importance of this support in modern families' lives.
In line with its mission, Hopkins County Family YMCA offers a childcare program that caters to the needs of families in need. In 2022, the association provided financial assistance to 93 children, enabling them to participate in aquatics and youth sports. Furthermore, the organization offered opportunities for 628 children to engage in these activities, with approximately 15% of children receiving financial assistance. The Hopkins County Family YMCA's commitment to family life is evident in its childcare program, which adapts and grows to meet the evolving needs of families. In today's busy world, the organization serves as a vital resource that helps families maintain a balance between their demands and responsibilities.
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Impact
July, 2024
Hopkins County Family Young Men's Christian Association Inc works diligently to improve the lives of individuals, families, and communities by providing opportunities based on Christian values that strengthen spirit, mind, and body. Through their childcare, family life, and camping programs, they aim to support families in need and help children stay active in aquatics and youth sports. In 2022, the YMCA provided financial assistance to 93 children, allowing them to participate in these programs. Additionally, they offered opportunities for 628 children to engage in aquatics and youth sports, with approximately 15% of them receiving financial assistance. By adapting to the changing needs of families and providing affordable, high-quality childcare, the YMCA plays a crucial role in supporting families and helping them balance their responsibilities. Their commitment to enhancing the well-being of individuals and communities makes a significant impact, especially in the city of Madisonville, KY.
This information is meant to be a general summary of Hopkins County Family Young Men's Christian Association 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: $6,787
- Program Service Revenue: $1,466,843
- Gross Receipts: $2,980,412
Assets and Liabilities:
- Total Assets: $4,094,972
- Total Liabilities: $103,458
- Net Assets: $3,991,514
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Healthy Living
Revenue
$1,135,194
Youth Development
Revenue
$331,649
Social Responsibility
Organization Details
Founding Year
1969
Phone
(270) 821-9622Main Address
150 YMCA Drive, Madisonville, KY, 42431
Website
www.hopkinscountyymca.comNTEE Category
Code: P27Z - Human services
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