Overview
What is State Alliance Of Michigan Ymca (0050)?
The State Alliance of Michigan YMCA (0050) is a collaborative organization, comprising 26 YMCA associations across Michigan. Headquartered in Ann Arbor, it serves as a central hub for coordinating and supporting various initiatives within the YMCA's three core areas: youth development, healthy living, and social responsibility. The alliance utilizes grants, such as the MDE grant, to deliver academic enrichment programs during out-of-school hours, especially during crises like the COVID-19 pandemic. These programs aim to help students transition smoothly back to school, with 17,295 children benefiting from this initiative. With a team of 9 dedicated individuals, the State Alliance of Michigan YMCA (0050) plays a significant role in enhancing community development and supporting children's educational growth.
Official website here: www.michiganymca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star Rating
The State Alliance of Michigan YMCA has received a Three-Star rating from Charity Navigator, reflecting a score of 77% based solely on Accountability & Finance metrics. This score indicates a commendable level of financial health and governance, essential for maintaining donor trust and transparency in nonprofit operations.
The organization boasts a strong commitment to governance, with a fully independent board and high scores in financial oversight, including complete documentation of board minutes and compliance with conflict of interest and whistleblower policies. Additionally, the program expense ratio is impressive at 92.39%, suggesting that a significant portion of expenditures is directed towards program services rather than administrative costs.
However, the organization does face challenges, particularly with its Liabilities to Assets ratio, which received a score of 0 out of 15 points. This aspect may indicate financial vulnerabilities that could impact long-term sustainability. Overall, while the State Alliance of Michigan YMCA demonstrates strong practices in accountability and program execution, attention to financial liabilities is essential for future stability.
This AI summary has been generated from information found on Charity Navigator.
Is State Alliance Of Michigan Ymca (0050) legitimate?
State Alliance Of Michigan Ymca (0050) is a legitimate nonprofit organization registered as a 501(c)(3) entity. State Alliance Of Michigan Ymca (0050) 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: $627,906
For more financial information, click here
Official website here: www.michiganymca.org
What is the mission statement of State Alliance Of Michigan Ymca (0050)?
The State Alliance of Michigan YMCA serves as a convening, coordinating, supporting, advocating, and executing body for the charitable and educational purposes of the Michigan YMCA associations. This alliance, consisting of the 26 Michigan YMCA associations, functions as the coordinating organization for statewide initiatives within the YMCA's three areas of focus: youth development, healthy living, and social responsibility. The alliance aims to bring together various YMCA associations to collaborate on statewide initiatives and to collectively advance these key areas.
Official website here: www.michiganymca.org
Who is the CEO of State Alliance Of Michigan Ymca (0050)?
Fran Talsma is the CEO of State Alliance Of Michigan Ymca (0050) The CEO's salary of State Alliance Of Michigan Ymca (0050) is $176,645 and their total compensation is $224,258.
Official website here: www.michiganymca.org
What is the revenue of State Alliance Of Michigan Ymca (0050)?
State Alliance Of Michigan Ymca (0050)'s revenue in 2023 was $17,086,795.
Official website here: www.michiganymca.org
Who are the executives of State Alliance Of Michigan Ymca (0050) and what are their salaries?
The average compensation at State Alliance Of Michigan Ymca (0050) during 2023 was $69,767. There are 9 employees and 246 volunteers at State Alliance Of Michigan Ymca (0050).
Here are 11 key members and their salaries (State Alliance Of Michigan Ymca (0050)'s CEO's salary is $176,645 and their total compensation is $224,258):
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
- Compensation: $176,645
- Related: $0
- Other: $47,613
- Compensation: $163,811
- Related: $0
- Other: $19,657
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.michiganymca.org
Where can I find the form 990 for State Alliance Of Michigan Ymca (0050)?
State Alliance Of Michigan Ymca (0050)'s most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.michiganymca.org
Learn more at the official website: www.michiganymca.org
Mission Statement of State Alliance Of Michigan Ymca (0050)
The State Alliance of Michigan YMCA (0050) serves as a unifying body, bringing together the twenty-six Michigan YMCA associations under its umbrella. Its mission is twofold: firstly, to convene and coordinate the charitable and educational endeavors of the Michigan YMCAs. Secondly, to act as a supporting organization for statewide initiatives that align with the YMCA's three areas of focus: youth development, healthy living, and social responsibility. By facilitating cooperation and collaboration among its member associations, the State Alliance of Michigan YMCA (0050) aims to amplify the impact of these initiatives and contribute to the betterment of communities across Michigan.
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Impact
July, 2024
State Alliance Of Michigan Ymca (0050) plays a crucial role in coordinating and supporting 26 YMCA associations in Michigan to deliver impactful programs focused on youth development, healthy living, and social responsibility. Through strategic initiatives and partnerships, the State Alliance helps provide academic enrichment programs during out-of-school time, catering to the needs of over 17,000 children in communities across the state. By leveraging resources and expertise, the Alliance contributes to the holistic development of children, especially those transitioning from school closures due to the COVID-19 pandemic, preparing them for a successful return to the classroom. This collaborative effort underscores the organization's dedication to championing charitable and educational purposes while fostering a sense of community responsibility within Michigan YMCA programs.
This information is meant to be a general summary of State Alliance Of Michigan Ymca (0050). 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 2023.
- Investment Income: $81,290
- Program Service Revenue: $1,177,478
- Gross Receipts: $17,086,795
Assets and Liabilities:
- Total Assets: $3,821,545
- Total Liabilities: $3,276,825
- Net Assets: $544,720
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Youth Development
Revenue
$594,906
Healthy Living
Revenue
$582,572
Social Responsibility
Revenue
$0
Organization Details
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