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Mayfield Graves County Ymca Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 611204017 ✦ Mayfield, KY ✦ Designated as a 501(c)(3)

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Overview

What is Mayfield Graves County Ymca Inc?

Mayfield Graves County YMCA Inc, located in Mayfield, Kentucky, is a nonprofit organization that operates a YMCA facility. Their primary goal is to foster Christian values and contribute to the establishment of a Christian society. They achieve this by enhancing the physical, mental, social, moral, and educational well-being of individuals participating in their programs. The YMCA offers a range of opportunities, including childcare, aquatics, and health and wellness facilities, catering to the local community. The organization, with a team of 75 employees, is dedicated to improving the overall well-being of its community members.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54%, One-Star out of Four Stars

The Mayfield Graves County YMCA has received a score of 54%, resulting in a One-Star rating. This rating reflects significant concerns, particularly in the areas of accountability and financial performance. While the organization benefits from a fully independent board and has policies in place to address conflicts of interest and whistleblowing, its lack of accessible financial statements and failure to provide necessary documentation on its website are notable weaknesses.

Strengths include a high level of independence among board members and a low ratio of liabilities to assets, indicating financial stability in that regard. The organization has also established solid policies for document retention and conflict management, contributing positively to its governance practices. However, the absence of a program expense ratio could suggest that a substantial portion of funding may not be directed towards its programs, which is a concern for potential donors.

The YMCA's limited transparency in financial reporting and the missing tax form on its website raise questions about its overall accountability. Potential supporters may want to consider these factors when evaluating their contributions to the organization, as greater transparency and program-focused spending are critical for building trust and ensuring effective operations.


This AI summary has been generated from information found on Charity Navigator.

Is Mayfield Graves County Ymca Inc legitimate?

Mayfield Graves County Ymca Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mayfield Graves County Ymca 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: $548,663

For more financial information, click here

What is the mission statement of Mayfield Graves County Ymca Inc?

The Mayfield Graves County YMCA, as part of its mission, strives to foster the development of Christian values in individuals. This is achieved by improving various aspects of their well-being, including physical, mental, social, moral, and educational conditions, through the participation in YMCA programs. By doing so, the organization aims to contribute to the creation of a more Christian-oriented society. The Mayfield Graves County YMCA operates a facility in an undisclosed location, offering services such as childcare, aquatic programs, and health and wellness opportunities to the local community.

What is the revenue of Mayfield Graves County Ymca Inc?

Mayfield Graves County Ymca Inc's revenue in 2023 was $1,440,554.

Who are the executives of Mayfield Graves County Ymca Inc and what are their salaries?

The average compensation at Mayfield Graves County Ymca Inc during 2023 was $6,945. There are 79 employees at Mayfield Graves County Ymca Inc.

Here are 11 key members and their salaries:


Anthony Hatchell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake Shuecraft (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brittany Floyd (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Usher (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Walton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kayla Turner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Bougher (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorane Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rene Lamb (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Braden (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shantaye Powell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mayfield Graves County Ymca Inc?

Mayfield Graves County Ymca Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Mayfield Graves County Ymca Inc

The Mayfield Graves County YMCA is dedicated to fostering the development of Christian personalities and contributing to the creation of a Christian society. This is achieved by improving the physical, mental, social, moral, and educational conditions of individuals who engage in YMCA programs. The organization's mission is centered around enhancing the overall well-being of its participants, promoting a harmonious and spiritually enriched society.

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Impact




July, 2024

The Mayfield Graves County YMCA Inc's impact is seen in its mission to help individuals develop Christian personalities and support the building of a Christian society by enhancing physical, mental, social, moral, and educational conditions. This organization operates a facility in Mayfield, Kentucky, offering childcare, aquatics, and health and wellness opportunities to the community. Their programs contribute to the overall well-being and development of individuals, fostering a sense of community and support in the area.




This information is meant to be a general summary of Mayfield Graves County Ymca 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.

Revenue
$1,440,554 (2023)
Expenses
$1,155,379 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $892,190
  • Gross Receipts: $1,440,554

Assets and Liabilities:

  • Total Assets: $1,751,378
  • Total Liabilities: $28,305
  • Net Assets: $1,723,073

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Healthy Living

Revenue

$500,586

Youth Development

Revenue

$391,604

Social Responsibility

Revenue

$0

Organization Details

Founding Year

1991

NTEE Category

Code: P270 - Human services

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