Overview
What is Southside Virginia Family Ymca?
The Southside Virginia Family YMCA is a charitable community service organization situated in Farmville, Virginia. With a mission rooted in Christian principles, their programs aim to foster a healthy spirit, mind, and body for individuals across various ages, abilities, income levels, races, and religions. Their extensive activities encompass fitness, sports, and shared interests such as diabetes prevention, group exercise, swimming, and senior activities. They also provide family strengthening and social clubs. In 2021, they offered financial assistance to over 500 families who may not have otherwise been able to participate. With a team of 75 employees, the Southside Virginia Family YMCA is dedicated to promoting well-being, combating the obesity crisis, and helping families maintain a work-life balance.
Official website here: www.southsidevafamilyymca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
The Southside Virginia Family YMCA has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its overall accountability and financial management. The organization's score reflects a mix of strong governance practices, such as having a majority of independent board members and robust oversight measures, which are positively noted. However, the financial aspects of the organization, particularly its liabilities to assets ratio and program expense ratio, have raised red flags.
While the YMCA demonstrates effective policies on conflict of interest, whistleblower protections, and document retention, its financial health is a concern. The program expense ratio is notably low at 35.40%, suggesting that a smaller portion of its budget is directed toward program services compared to administrative costs. This can impact the charity's effectiveness in fulfilling its mission.
Overall, while the Southside Virginia Family YMCA has established commendable governance policies, its financial challenges indicate a need for improvement in resource allocation and overall financial strategy to better serve the community.
This AI summary has been generated from information found on Charity Navigator.
Is Southside Virginia Family Ymca legitimate?
Southside Virginia Family Ymca is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southside Virginia Family Ymca 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: $424,011
For more financial information, click here
Official website here: www.southsidevafamilyymca.org
What is the mission statement of Southside Virginia Family Ymca?
The Southside Virginia Family YMCA is a charitable community service organization that caters to individuals of all ages, abilities, income levels, races, and religions. Its mission is to embody Christian principles in its programs, which aim to promote physical, mental, and spiritual well-being. The YMCA fosters connections through various activities such as fitness, sports, group exercise, swimming, and senior activities. These initiatives support over 5,000 individuals in the community, addressing issues like obesity, work-life balance, and personal fulfillment. The programs are accessible, affordable, and open to individuals from diverse backgrounds and income levels. In 2021, the YMCA provided financial assistance to over 500 families who might have otherwise struggled to participate.
Official website here: www.southsidevafamilyymca.org
Who is the CEO of Southside Virginia Family Ymca?
Unavailable
Official website here: www.southsidevafamilyymca.org
What is the revenue of Southside Virginia Family Ymca?
Southside Virginia Family Ymca's revenue in 2022 was $1,200,135.
Official website here: www.southsidevafamilyymca.org
Who are the executives of Southside Virginia Family Ymca and what are their salaries?
The average compensation at Southside Virginia Family Ymca during 2022 was $5,653. There are 75 employees and 250 volunteers at Southside Virginia Family Ymca.
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Official website here: www.southsidevafamilyymca.org
Where can I find the form 990 for Southside Virginia Family Ymca?
Southside Virginia Family Ymca's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.southsidevafamilyymca.org
Learn more at the official website: www.southsidevafamilyymca.org
Mission Statement of Southside Virginia Family Ymca
The Southside Virginia Family YMCA, a charitable community service organization, is committed to putting Christian principles into practice. This organization, inclusive of individuals from various ages, abilities, income levels, races, and religions, strives to achieve this mission through programs that foster healthy spirits, minds, and bodies. The YMCA encourages family bonding, promotes good health, and strengthens connections through activities such as fitness, sports, shared interests, diabetes prevention, group exercise, swimming, and senior activities. Additionally, they provide family strengthening and social clubs, offering support, guidance, and resources to over 5000 people in their community. During challenging times, such as the nation's obesity crisis or family struggles with work-life balance, the YMCA's programs serve as a beacon of hope, providing personal fulfillment to individuals from all backgrounds and income levels. In 2021, the organization extended financial assistance to over 500 families who may not have been able to participate otherwise, demonstrating their dedication to making their programs accessible and affordable for all.
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Impact
July, 2024
Southside Virginia Family YMCA plays a crucial role in promoting healthy living and fostering community connections in Farmville, VA. Through its programs focused on fitness, sports, family strengthening, and social clubs, the YMCA serves as a leading voice on health and well-being, bringing families closer together and encouraging good health practices.
With a mission to support individuals of all ages, abilities, incomes, races, and religions in achieving greater health in spirit, mind, and body, the YMCA has positively impacted over 5000 people in the community. By providing accessible and affordable programs such as diabetes prevention, group exercise, swimming, and senior activities, the YMCA ensures that everyone has the opportunity to participate regardless of their background or income level.
Furthermore, in 2021 alone, the Southside Virginia Family YMCA offered financial assistance to over 500 families, making it possible for them to access the resources and support needed for personal fulfillment and overall well-being. In a time when societal challenges like the obesity crisis and work-life balance struggles are prevalent, the YMCA's efforts in promoting a healthy and connected community are invaluable.
This information is meant to be a general summary of Southside Virginia Family Ymca. 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: $354
- Program Service Revenue: $758,281
- Gross Receipts: $1,200,878
Assets and Liabilities:
- Total Assets: $4,014,219
- Total Liabilities: $1,185,411
- Net Assets: $2,828,808
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Revenue
Revenue
$630,936
Childcare Revenue -- School Age
Revenue
$39,187
Day Camp Revenue
Revenue
$19,949
Resident Camp Revenue
Childcare Revenue -- Infant/Toddler/Preschool
Organization Details
Founding Year
1992
Phone
(434) 392-3456Main Address
580 COMMERCE ROAD, FARMVILLE, VA, 23901
NTEE Category
Code: P27Z - Human services
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