Overview
What is Santa Monica Young Men's Christian Association?
The Santa Monica Young Men's Christian Association, often referred to simply as the Santa Monica Family YMCA, is a nonprofit organization committed to improving the well-being of its members and their communities. Their mission is centered around fostering youth development, promoting healthy living, and encouraging social responsibility. They achieve this by offering a wide range of programs and services designed to enhance the physical, mental, spiritual, and social lives of their members and their families. By doing so, they strive to enrich the overall quality of life within the community.
Official website here: www.ymcasm.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 88%, Three-Star out of Four Star rating.
The Santa Monica Young Men's Christian Association (YMCA) has earned a commendable Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The score reflects a thorough evaluation based entirely on their Accountability & Finance metrics, where they achieved an impressive score of 88. This level of transparency and governance is a strong indicator of the organization's commitment to responsible management of funds.
The YMCA boasts an excellent structure with a fully independent board of directors, consisting of 25 members, demonstrating their dedication to effective oversight. Additionally, they have implemented various policies, including conflict of interest and whistleblower protections, which further enhance their operational integrity. Their financial practices are sound, with no material diversion of assets reported and a favorable liabilities to assets ratio of 1.71%.
However, the program expense ratio stands at 63.78%, suggesting that while a majority of their funding is directed towards programs, there is room for improvement in maximizing programmatic spending. Overall, the organization showcases strong governance and accountability, but prospective donors may want to consider its program efficiency when making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Santa Monica Young Men's Christian Association legitimate?
Santa Monica Young Men's Christian Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santa Monica Young Men's Christian Association 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: $215,571
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,598,346
For more financial information, click here
Official website here: www.ymcasm.org
What is the mission statement of Santa Monica Young Men's Christian Association?
The Santa Monica Young Men's Christian Association, in its mission, focuses on fostering youth development, promoting healthy living, and encouraging social responsibility. The organization strives to enhance the overall well-being of its members and their families by offering a variety of programs and services. These initiatives aim to positively impact the physical, mental, spiritual, and social lives of individuals, thereby enriching their communities. The primary goal is to provide an environment that nurtures personal growth and fosters a sense of responsibility towards society.
Official website here: www.ymcasm.org
Who is the CEO of Santa Monica Young Men's Christian Association?
Hodge Patterson is the Director of Santa Monica Young Men's Christian Association. The CEO's salary of Santa Monica Young Men's Christian Association is $187,224 and their total compensation is $214,145.
Official website here: www.ymcasm.org
What is the revenue of Santa Monica Young Men's Christian Association?
Santa Monica Young Men's Christian Association's revenue in 2022 was $4,340,756.
Official website here: www.ymcasm.org
Who are the executives of Santa Monica Young Men's Christian Association and what are their salaries?
The average compensation at Santa Monica Young Men's Christian Association during 2022 was $15,504. There are 117 employees and 128 volunteers at Santa Monica Young Men's Christian Association.
Here are 28 key members and their salaries (Santa Monica Young Men's Christian Association's CEO's salary is $187,224 and their total compensation is $214,145):
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- Compensation: $187,224
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- Other: $10,556
Official website here: www.ymcasm.org
Where can I find the form 990 for Santa Monica Young Men's Christian Association?
Santa Monica Young Men's Christian Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ymcasm.org
Learn more at the official website: www.ymcasm.org
Mission Statement of Santa Monica Young Men's Christian Association
The Santa Monica Young Men's Christian Association, hereafter referred to as the Santa Monica YMCA, is committed to its mission of fostering youth development, promoting healthy living, and encouraging social responsibility. This nonprofit organization is dedicated to enhancing the overall well-being of its members and their families, focusing on their physical, mental, spiritual, and social aspects. The Santa Monica YMCA strives to enrich the lives of its members by offering a variety of programs and services that cater to these different aspects, ultimately aiming to contribute positively to the communities they serve.
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Impact
July, 2024
The impact of the Santa Monica Young Men's Christian Association is substantial in promoting youth development, healthy living, and social responsibility in Santa Monica. Through its dedication to serving members by enriching their physical, mental, spiritual, and social lives, this organization plays a crucial role in supporting individual members, their families, and the broader community. By focusing on human services and providing programs and services that address various needs, the Santa Monica YMCA contributes positively to the well-being and development of individuals in the area.
This information is meant to be a general summary of Santa Monica Young Men's Christian Association. 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: $797
- Program Service Revenue: $3,838,180
- Gross Receipts: $4,340,756
Assets and Liabilities:
- Total Assets: $12,005,363
- Total Liabilities: $206,314
- Net Assets: $11,799,049
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP AND JOINING
Revenue
$1,553,916
RESIDENCE CAMP LEASES
Revenue
$583,939
PRESCHOOL PROGRAM
Revenue
$419,986
TODDLER PROGRAM
Revenue
$341,718
DAY CAMP PROGRAM
Revenue
$268,946
Organization Details
Founding Year
1901
Phone
(310) 393-2721Principal Officer
Hodge Patterson
Main Address
1332 6TH STREET, SANTA MONICA, CA, 904011434
Website
www.ymcasm.orgNTEE Category
Code: P27Z - Human services
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