The Granite YMCA FY2022 filing

Tax-deductible

Manchester, NH501(c)(3)Since 1854EIN 02-0222248Revenue $24.7M in FY2022

On file with the IRSgraniteymca.org670 North Commercial St Ste 103, 03101-1188 · Manchester, NHTax-exempt since Jan 1938Publicly supported — 509(a)(2)

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Creating a community built on healthy lifestyles, compassion, honesty, and responsibility.

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
$441K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
4 of 5
filings with a surplus
Average surplus $778K a year · 3% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$441K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
10
named funders · $412K
Looks good: 10 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$9.4M
22% of total assets
Looks good: liabilities are 22% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 21 voting members
Looks good: 21 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$24.7M
+35% vs prior year
Spent
$22.0M
To programs
93%
Net assets
$32.8M
By yearFY2021–FY2025
Revenue
$24.7M
FY2022▲ +35%
Tap a bar for its year
Revenue by fiscal year
FY2021$18.2M
FY2022$24.7M
FY2023$25.1M
FY2024$26.5M
FY2025$30.2M
Expenses
$22.0M
FY2022▲ +38%
Tap a bar for its year
Expenses by fiscal year
FY2021$15.9M
FY2022$22.0M
FY2023$24.6M
FY2024$28.9M
FY2025$29.4M
Net assets
$32.8M
FY2022▲ +15%
Tap a bar for its year
Net assets by fiscal year
FY2021$28.4M
FY2022$32.8M
FY2023$36.5M
FY2024$36.7M
FY2025$37.0M

From the FY2022 Form 990 (year ending May 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 1938.

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

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $20.4M Management & general 5% · $1.2M Fundraising 2% · $431K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

25 people listed on the 990; $441K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President/Ce
$179,218Pt VII · Sec A
$124,478Pt VII · Sec A
$94,035Pt VII · Sec A
$42,929Pt VII · Sec A
Past Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Michele Sheppard$220,655$212,236$231,776$124,478$137,991
David Ports———$179,218$193,098
Kathy Kittle$148,275$150,257$154,211$42,929—
Ryan Gadow$150,480$143,113———
Matthew Hanson$111,874$102,021———
Tom Archer————$107,517
Elizabeth Pinard—$106,108———
John Ristaino——$104,867——

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 The Granite 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

Fosters healthy lifestyles and community through compassion, honesty, and responsibility.

Questions for The Granite YMCA

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Provided by the organization

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3 programs · $20.4M · in their own filed words · FY2021
01

Youth Development

The y recognizes and celebrates its role as a major service provider in the area of childhood and youth development. The y is committed to increasing opportunities for youth to deepen values and build positive assets. All youth programs reinforce our core values of honesty, respect, caring and responsibility.

$14.9Mprogram expense
02

Healthy Living

We know that 90% of any one person's health is directly related to where they are born, live, learn, work and grow old. The social determinants of health - economic stability, neighborhood and physical environment, education, healthy food, community and social integration, and quality health care - can either provide a smooth pathway to…

$4.2Mprogram expense
03

Social Responsibility

The y acts as a community partner whenever possible to address critical community needs. A number of our communities have experienced a significantly higher percentage of school drop outs and school failures than other communities in the state.

$1.2Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 10 funders →
Grants paid · 9 grants · $4.5M · 2022–2024
Unitemized GrantFY2024$659,542
Unitemized GrantFY2024$518,331
Unitemized GrantFY2024$418,451
Unitemized GrantFY2023$535,563
Unitemized GrantFY2023$508,789
Unitemized GrantFY2023$482,121
Unitemized GrantFY2022$611,015
Unitemized GrantFY2022$415,973
Unitemized GrantFY2022$360,306

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$24.7M
Ln 12
Fees for servicesLn 2g$17.0M
Gifts and grantsLn 1h$6.8M
Investment incomeLn 3$797K
Money outPt IX
$22.0M
Ln 25
Programscol B$20.4M
Managementcol C$1.2M
Fundraisingcol D$431K
Owns and owesPt X
$32.8M
net assets · Ln 32
Cash and savingsLn 1–2$7.8M
Total assetsLn 16$42.2M
LiabilitiesLn 26$9.4M
PeoplePt VI, VII
25
listed · VII A
PaidVII A4
Voting boardVI 1a21
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.8M
Government grantsLn 1e$4.7M
Noncash giftsLn 1g$99K
Fees for servicesLn 2g$17.0M
Investment incomeLn 3$797K
Other incomeLn 4–11$70K
Gains on assetsLn 7$506K
Total revenueLn 12$24.7M
Assets in detailPt X, end of year
CashLn 1$7.8M
Cash and savings togetherLn 1–2$7.8M
InvestmentsLn 11–13$14.7M
Land, buildings, equipmentLn 10c$16.0M
Other assetsLn 15$2.7M
Total assetsLn 16$42.2M
LiabilitiesLn 26$9.4M
Net assetsLn 32$32.8M
OperationsPt I, VI
EmployeesI 51,157
VolunteersI 6940
Fiscal year endsHeaderMay
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
Cash and savingsLn 1–2$5.1M$7.8M
InvestmentsLn 11–13$15.4M$14.7M
Land, buildings, equipmentLn 10c$13.6M$16.0M
Total assetsLn 16$38.6M$42.2M
LiabilitiesLn 26$10.2M$9.4M
Net assetsLn 32$28.4M$32.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$220K$220K
Grants to domestic individualsLn 2$1.1M$1.1M
Pay of current officers, directors and key staffLn 5$305K$231K$74K
Other salaries and wagesLn 7$11.2M$10.6M$383K$205K
Pension plan contributionsLn 8$521K$471K$33K$17K
Other employee benefitsLn 9$770K$709K$47K$14K
Payroll taxesLn 10$1.0M$956K$47K$23K
Legal feesLn 11b$54K$35K$20K
Accounting feesLn 11c$26K$17K$9K
Investment management feesLn 11f$70K$70K
Other fees for servicesLn 11g$480K$351K$114K$14K
Advertising and promotionLn 12$302K$278K$1K$23K
Office expensesLn 13$1.2M$1.1M$45K$31K
Information technologyLn 14$209K$132K$72K$5K
OccupancyLn 16$2.3M$2.2M$86K$8K
TravelLn 17$100K$100K
Conferences, conventions and meetingsLn 19$172K$151K$15K$7K
InterestLn 20$178K$178K$294$19
Payments to affiliatesLn 21$232K$231K$142$966
Depreciation, depletion and amortizationLn 22$1.3M$1.3M$19K
InsuranceLn 23$225K$222K$3K$227
Other expenses (24a–d)Ln 24$31K$20K$2K$9K
Total functional expensesLn 25$22.0M$20.4M$1.2M$431K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $30.2M$29.4M$819K$37.0M 990 PDF
FY2024 $26.5M$28.9M−$2.4M$36.7M 990 PDF
FY2023 $25.1M$24.6M$470K$36.5M 990 PDF
FY2022 Viewing $24.7M$22.0M$2.7M$32.8M 990 PDF
FY2021 $18.2M$15.9M$2.3M$28.4M 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 $24,707,664 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,506,735$6,845,055
I-9 Program service revenuePrior year $9,393,390$16,995,510
I-10 Investment incomePrior year $405,961$797,136
I-11 Other revenuePrior year $1,934,044$69,963
I-12 Total revenuePrior year $18,240,130$24,707,664
I-13 Grants and similar amounts paidPrior year $947,809$1,336,227
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $9,869,799$13,819,650
I-16a Professional fundraising feesPrior year $7,541$0
I-17 Other expensesPrior year $5,087,086$6,847,441
I-18 Total expensesPrior year $15,912,235$22,003,318
I-19 Revenue less expensesPrior year $2,327,895$2,704,346
Part VI · Governance 21 of 21 board members independent, no flags
VI-1a Voting members of the governing body21
VI-1b Independent voting members21
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 $24,707,664 across 11 lines filed
Lines not itemized here account for $73,838 of total revenue; see the IRS return.
VIII-1a Federated campaigns$239,902
VIII-1e Government grants$4,743,367
VIII-1f All other contributions, gifts and grants$1,861,786
VIII-1g Noncash contributions (included above)$98,946
VIII-1h Total contributions, gifts and grants$6,845,055
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $16,995,510$16,995,510
VIII-3 Investment incomeExcluded from tax $291,501$291,501
VIII-6 Net rental income or lossExcluded from tax $6,860$6,860
VIII-7 Net gain or loss on sales of assetsExcluded from tax $505,635$505,635
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission −$10,735−$10,735
VIII-12 Total revenueRelated to mission $16,984,775 · Excluded from tax $877,834$24,707,664
Part IX · Statement of functional expenses $22,003,318 across 22 lines filed
IX-1 Grants to domestic organizationsPrograms $220,006$220,006
IX-2 Grants to domestic individualsPrograms $1,116,221$1,116,221
IX-5 Pay of current officers, directors and key staffManagement $230,553 · Fundraising $74,485$305,038
IX-7 Other salaries and wagesPrograms $10,610,665 · Management $382,577 · Fundraising $205,041$11,198,283
IX-8 Pension plan contributionsPrograms $471,479 · Management $32,539 · Fundraising $17,094$521,112
IX-9 Other employee benefitsPrograms $708,645 · Management $46,751 · Fundraising $14,163$769,559
IX-10 Payroll taxesPrograms $955,573 · Management $47,470 · Fundraising $22,615$1,025,658
IX-11b Legal feesPrograms $34,825 · Management $19,562$54,387
IX-11c Accounting feesPrograms $16,773 · Management $9,424$26,197
IX-11f Investment management feesManagement $69,737$69,737
IX-11g Other fees for servicesPrograms $351,431 · Management $114,471 · Fundraising $13,826$479,728
IX-12 Advertising and promotionPrograms $278,353 · Management $1,171 · Fundraising $22,894$302,418
IX-13 Office expensesPrograms $1,127,135 · Management $44,707 · Fundraising $31,361$1,203,203
IX-14 Information technologyPrograms $131,876 · Management $72,060 · Fundraising $4,672$208,608
IX-16 OccupancyPrograms $2,163,043 · Management $85,870 · Fundraising $7,652$2,256,565
IX-17 TravelPrograms $100,100$100,100
IX-19 Conferences, conventions and meetingsPrograms $150,711 · Management $14,696 · Fundraising $7,034$172,441
IX-20 InterestPrograms $177,608 · Management $294 · Fundraising $19$177,921
IX-21 Payments to affiliatesPrograms $230,849 · Management $142 · Fundraising $966$231,957
IX-22 Depreciation, depletion and amortizationPrograms $1,288,030 · Management $19,347$1,307,377
IX-23 InsurancePrograms $221,701 · Management $3,472 · Fundraising $227$225,400
IX-24 Other expenses (24a–d)Programs $20,293 · Management $2,314 · Fundraising $8,795$31,402
IX-25 Total functional expensesPrograms $20,375,317 · Management $1,197,157 · Fundraising $430,844$22,003,318
Part X · Balance sheet $42,208,261 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $5,142,234$7,827,374
X-3 Pledges and grants receivableStart of year $300,251$360,705
X-4 Accounts receivableStart of year $2,037,484$394,944
X-9 Prepaid expenses and deferred chargesStart of year $154,605$237,874
X-10c Land, buildings and equipment, netStart of year $13,613,162$16,001,946
X-11 Publicly traded securitiesStart of year $15,421,940$14,732,557
X-15 Other assetsStart of year $1,938,846$2,652,861
X-16 Total assetsStart of year $38,608,522$42,208,261
X-17 Accounts payable and accrued expensesStart of year $771,365$840,761
X-18 Grants payable$608,130
X-19 Deferred revenueStart of year $2,799,687$3,365,720
X-20 Tax-exempt bond liabilitiesStart of year $1,440,000$1,275,000
X-25 Other liabilitiesStart of year $198,939$92,192
X-26 Total liabilitiesStart of year $10,204,843$9,434,058
X-27 Net assets without donor restrictionsStart of year $17,368,205$20,100,620
X-28 Net assets with donor restrictionsStart of year $11,035,474$12,673,583
X-32 Total net assets or fund balancesStart of year $28,403,679$32,774,203
X-33 Total liabilities and net assetsStart of year $38,608,522$42,208,261
Part XI · Reconciliation of net assets $32,774,203 net assets at year end
XI-1 Total revenue$24,707,664
XI-2 Total expenses$22,003,318
XI-3 Revenue less expenses$2,704,346
XI-4 Net assets at start of year$28,403,679
XI-5 Net unrealized gains (losses) on investments−$1,583,138
XI-6 Donated services and use of facilities$5,805
XI-9 Other changes in net assets$3,243,511
XI-10 Net assets at end of year$32,774,203

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

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