Waterville Area YMCA FY2022 filing

Tax-deductible

Waterville, ME501(c)(3)Human ServicesEIN 01-0283465Revenue $638K in FY2022

On file with the IRSclubayc.org126 North St, 04901-4954 · Waterville, METax-exempt since Jan 1971Publicly supported charity — 170(b)(1)(A)(vi)

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To inspire and enable all young people and their families to realize their full potential.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 6
filings with a surplus
Average deficit $150K a year · 19% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Named funders
3
named funders · $51K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$327K
38% of total assets
Looks good: liabilities are 38% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$638K
+122% vs prior year
Spent
$716K
To programs
100%
Net assets
$538K
By yearFY2020–FY2025
Revenue
$638K
FY2022▲ +122%
Tap a bar for its year
Revenue by fiscal year
FY2020$792K
FY2021$287K
FY2022$638K
FY2023$1.0M
FY2024$958K
FY2025$1.1M
Expenses
$716K
FY2022▲ +26%
Tap a bar for its year
Expenses by fiscal year
FY2020$922K
FY2021$567K
FY2022$716K
FY2023$1.1M
FY2024$1.2M
FY2025$1.2M
Net assets
$538K
FY2022▼ -11%
Tap a bar for its year
Net assets by fiscal year
FY2020$646K
FY2021$607K
FY2022$538K
FY2023$363K
FY2024$208K
FY2025$142K

From the FY2022 Form 990 (year ending March 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1971.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $716K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

23 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
Finance Dire
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Direct
$0Pt VII · Sec A
Board Direct
$0Pt VII · Sec A
Board Direct
$0Pt VII · Sec A
Board Direct
$0Pt VII · Sec A

Ken Walsh’s $148K as CEO is at the 72nd percentile of top reported officer pay among 3869 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2021FY2020
Ken Walsh$147,844$137,079
Leslie Wilson—$65,221
Felicia Lambert$47,818$45,585
Dennis Worster$34,615—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Waterville Area YMCA executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowering youth and families to reach their highest potential.

Provided by the organization

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3 programs · $716K · in their own filed words · FY2021
01

Aquatics and Athletics

The organization offers a variety of aquatic and youth sport programs. These programs include learning to swim at all ages, the dolphins swim team, water aerobics, lifeguard training, scuba lessons, youth baseball, football, basketball, soccer, field hockey, volleyball and several others.

$491Kprogram expense
02

Camp tracy is a state licensed summer day camp program for boys and girls entering grades 1 through 8. The purpose of the program is to continue the ymca's mission of offering programs which enhance an individual's spirit, mind, and body.

$195Kprogram expense
03

Heritage Tour Program

The american heritage tour is a constantly evolving educational journey for middle school students, designed as an integrated approach to teaching history and contributing effectively as citizens.

$29Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 3 funders$51K
See all 3 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$638K
Ln 12
Fees for servicesLn 2g$603K
Gifts and grantsLn 1h$29K
Investment incomeLn 3$6K
Money outPt IX
$716K
Ln 25
Programscol B$716K
Owns and owesPt X
$538K
net assets · Ln 32
Total assetsLn 16$865K
LiabilitiesLn 26$327K
PeoplePt VI, VII
23
listed · VII A
PaidVII A0
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$29K
Government grantsLn 1e$6K
Fees for servicesLn 2g$603K
Investment incomeLn 3$6K
Total revenueLn 12$638K
Assets in detailPt X, end of year
InvestmentsLn 11–13$418K
Other assetsLn 15$447K
Total assetsLn 16$865K
LiabilitiesLn 26$327K
Net assetsLn 32$538K
OperationsPt I, VI
EmployeesI 50
VolunteersI 6118
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
InvestmentsLn 11–13$415K$418K
Total assetsLn 16$881K$865K
LiabilitiesLn 26$273K$327K
Net assetsLn 32$607K$538K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$399K$399K
Other employee benefitsLn 9$41K$41K
Payroll taxesLn 10$30K$30K
Other fees for servicesLn 11g$16K$16K
Office expensesLn 13$7K$7K
OccupancyLn 16$121K$121K
TravelLn 17$2K$2K
InsuranceLn 23$627$627
Other expenses (24a–d)Ln 24$98K$98K
Total functional expensesLn 25$716K$716K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.1M$1.2M−$86K$142K 990 PDF
FY2024 $958K$1.2M−$246K$208K 990 PDF
FY2023 $1.0M$1.1M−$81K$363K 990 PDF
FY2022 Viewing $638K$716K−$78K$538K 990 PDF
FY2021 $287K$567K−$280K$607K 990 PDF
FY2020 $792K$922K−$130K$646K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $637,702 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $25,213$28,866
I-9 Program service revenuePrior year $255,936$602,609
I-10 Investment incomePrior year $6,073$6,227
I-11 Other revenue$0
I-12 Total revenuePrior year $287,222$637,702
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $399,974$470,702
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $166,865$244,893
I-18 Total expensesPrior year $566,839$715,595
I-19 Revenue less expensesPrior year −$279,617−$77,893
Part VI · Governance 20 of 20 board members independent, no flags
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $637,702 across 7 lines filed
VIII-1a Federated campaigns$625
VIII-1e Government grants$5,605
VIII-1f All other contributions, gifts and grants$22,636
VIII-1h Total contributions, gifts and grants$28,866
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $602,609$602,609
VIII-3 Investment incomeExcluded from tax $6,227$6,227
VIII-12 Total revenueRelated to mission $602,609 · Excluded from tax $6,227$637,702
Part IX · Statement of functional expenses $715,595 across 9 lines filed
IX-7 Other salaries and wagesPrograms $399,357$399,357
IX-9 Other employee benefitsPrograms $41,342$41,342
IX-10 Payroll taxesPrograms $30,003$30,003
IX-11g Other fees for servicesPrograms $16,229$16,229
IX-13 Office expensesPrograms $7,083$7,083
IX-16 OccupancyPrograms $120,941$120,941
IX-17 TravelPrograms $2,235$2,235
IX-23 InsurancePrograms $627$627
IX-24 Other expenses (24a–d)Programs $97,778$97,778
IX-25 Total functional expensesPrograms $715,595 · Management $0 · Fundraising $0$715,595
Part X · Balance sheet $865,141 assets, 10 lines filed
X-4 Accounts receivableStart of year $11,867$207
X-11 Publicly traded securitiesStart of year $414,768$418,350
X-15 Other assetsStart of year $453,883$446,584
X-16 Total assetsStart of year $880,518$865,141
X-25 Other liabilitiesStart of year $273,368$326,846
X-26 Total liabilitiesStart of year $273,368$326,846
X-27 Net assets without donor restrictionsStart of year −$261,504−$326,639
X-28 Net assets with donor restrictionsStart of year $868,654$864,934
X-32 Total net assets or fund balancesStart of year $607,150$538,295
X-33 Total liabilities and net assetsStart of year $880,518$865,141
Part XI · Reconciliation of net assets $538,295 net assets at year end
XI-1 Total revenue$637,702
XI-2 Total expenses$715,595
XI-3 Revenue less expenses−$77,893
XI-4 Net assets at start of year$607,150
XI-5 Net unrealized gains (losses) on investments$16,337
XI-9 Other changes in net assets−$7,299
XI-10 Net assets at end of year$538,295

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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