Valley Shore YMCA INC FY2020 filing

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The mission of the Valley Shore YMCA, Inc. is to develop and encourage the growth of all individuals in spirit, mind and body in an atmosphere of mutual respect. Our areas of focus are youth development, healthy living and social responsibility.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$111K 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

FY2020 · 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 6
filings with a surplus
Average surplus $461K a year · 14% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$111K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
9 mo
of spending, in cash
Looks good: 9.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $250
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.8M
39% of total assets
Looks good: liabilities are 39% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.8M
Spent
$1.9M
To programs
87%
Net assets
$2.8M
By yearFY2020–FY2025
Revenue
$1.8M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.8M
FY2021$4.4M
FY2022$2.5M
FY2023$3.2M
FY2024$3.6M
FY2025$4.4M
Expenses
$1.9M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.9M
FY2021$2.1M
FY2022$2.7M
FY2023$3.0M
FY2024$3.5M
FY2025$3.9M
Net assets
$2.8M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.8M
FY2021$5.1M
FY2022$4.9M
FY2023$5.0M
FY2024$5.2M
FY2025$5.7M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 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 Mar 1945.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $1.7M Management & general 9% · $170K Fundraising 4% · $77K

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

18 people listed on the 990; $111K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$110,520Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Tony Sharillo’s $123K as Chief Executive Officer is at the 56th percentile of top reported officer pay among 3868 $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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Chris Pallatto————$127,001$110,520
Tony Sharillo$122,908$117,728$117,545$101,562——
Deborah Quinn$92,145—————

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 Valley Shore YMCA INC executive salaries →

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 personal growth in spirit, mind, and body through youth programs, healthy living, and community service.

Questions for Valley Shore YMCA INC

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3 programs · $1.7M · in their own filed words · FY2020
01

Healthy Living

The Y is a leading voice on health and well-being. We bring families closer together, encourage good health and foster connections through fitness, sports, fun and shared interests. As a result, over 9000 people in our community may receive the support, guidance and resources they need to achieve greater health in spirit, mind and body.

$1.3Mprogram expense
02

YOUTH DEVELOPMENT Our YMCA is committed to nurturing the potential of every child and teen. We believe that all kids deserve the opportunity to discover who they are and what they can achieve.

$423Kprogram expense
03

SOCIAL RESPONSIBILITY Our YMCA believes in giving back and supporting our neighbors. We have been listening and responding to our community's most critical social needs. YMCA programs, such as the YMCA Community Garden where all produce is delivered to local food pantry, teaching CPR, First Aid and Life Saving classes to our community…

$21Kprogram 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 · FY2025
Total grants receivedfrom 1 funder$250
Grants paid · 1 grant · $179K · 2025–2025
Unitemized GrantFY2025$178,856

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Dec 2021 · $1.0M federal money spent
Disaster Assistance LoansSmall Business Administration · ALN 59.008 · Direct$988K
Education Stabilization FundDepartment of Education · ALN 84.425 · Through Connecticut Department of Education$25K
Child Care and Development Block GrantDepartment of Health and Human Services · ALN 93.575 · Through Connecticut Department of Early Childhood$21K
Coronavirus State and Local Fiscal Recovery FundsDepartment of the Treasury · ALN 21.027 · Through Connecticut Department of Education$5K

The auditor reported no findings.

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Fees for servicesLn 2g$1.3M
Gifts and grantsLn 1h$463K
Investment incomeLn 3$5K
Money outPt IX
$1.9M
Ln 25
Programscol B$1.7M
Managementcol C$170K
Fundraisingcol D$77K
Owns and owesPt X
$2.8M
net assets · Ln 32
Cash and savingsLn 1–2$1.5M
Total assetsLn 16$4.6M
LiabilitiesLn 26$1.8M
PeoplePt VI, VII
18
listed · VII A
PaidVII A1
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$463K
Government grantsLn 1e$19K
Fundraising eventsLn 1c$52K
Fees for servicesLn 2g$1.3M
Investment incomeLn 3$5K
Other incomeLn 4–11$2K
Gains on assetsLn 7$715
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$1.5M
Cash and savings togetherLn 1–2$1.5M
Pledges and grants receivableLn 3$539K
Accounts receivableLn 4$12K
Inventories for sale or useLn 8$767
Prepaid expenses and deferred chargesLn 9$19K
Land, buildings, equipmentLn 10c$2.5M
InvestmentsLn 11–13$11K
Intangible assetsLn 14$33K
Total assetsLn 16$4.6M
LiabilitiesLn 26$1.8M
Net assetsLn 32$2.8M
OperationsPt I, VI
EmployeesI 5173
VolunteersI 6171
Fiscal year endsHeaderDecember
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 FY20End FY20
Cash and savingsLn 1–2$835K$1.5M
InvestmentsLn 11–13$2K$11K
Land, buildings, equipmentLn 10c$2.6M$2.5M
Total assetsLn 16$4.3M$4.6M
LiabilitiesLn 26$1.4M$1.8M
Net assetsLn 32$2.9M$2.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$77K$77K
Grants and assistance to foreign recipientsLn 3$0$0
Pay of current officers, directors and key staffLn 5$122K$67K$18K$37K
Pay of disqualified personsLn 6$0$0
Other salaries and wagesLn 7$712K$639K$52K$21K
Pension plan contributionsLn 8$16K$7K$10K$0
Other employee benefitsLn 9$43K$26K$16K
Payroll taxesLn 10$126K$109K$9K$8K
Legal feesLn 11b$555$555$0
Accounting feesLn 11c$30K$14K$14K$1K
Professional fundraising feesLn 11e$6K$6K
Other fees for servicesLn 11g$28K$21K$4K$3K
Advertising and promotionLn 12$26K$23K$3K$561
Office expensesLn 13$17K$9K$7K$701
Information technologyLn 14$18K$18K
OccupancyLn 16$245K$242K$1K$1K
TravelLn 17$760$88$672
Conferences, conventions and meetingsLn 19$3K$2K$2K
InterestLn 20$49K$49K$369$245
Payments to affiliatesLn 21$20K$14K$4K$2K
Depreciation, depletion and amortizationLn 22$243K$241K$1K$1K
InsuranceLn 23$74K$74K$369$369
Other expenses (24a–d)Ln 24$84K$83K$6K−$5K
All other expensesLn 24e$1K$0$1K$0
Total functional expensesLn 25$1.9M$1.7M$170K$77K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jun 15, 2026 $4.4M$3.9M$493K$5.7M 990 PDF
FY2024Filed with the IRS Jun 10, 2025 $3.6M$3.5M$165K$5.2M 990 PDF
FY2023Filed with the IRS Jun 13, 2024 $3.2M$3.0M$143K$5.0M 990 PDF
FY2022Filed with the IRS Jun 15, 2023 $2.5M$2.7M−$182K$4.9M 990 PDF
FY2021Filed with the IRS Jun 15, 2022 $4.4M$2.1M$2.3M$5.1M 990 PDF
FY2020 ViewingFiled with the IRS Jun 15, 2021 $1.8M$1.9M−$163K$2.8M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $1,780,649 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $856,068$463,195
I-9 Program service revenuePrior year $2,474,931$1,309,641
I-10 Investment incomePrior year $7,193$5,352
I-11 Other revenuePrior year $25,211$2,461
I-12 Total revenuePrior year $3,363,403$1,780,649
I-13 Grants and similar amounts paidPrior year $149,878$77,375
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,551,063$1,019,691
I-16a Professional fundraising feesPrior year $14,912$5,750
I-17 Other expensesPrior year $1,078,119$840,800
I-18 Total expensesPrior year $2,793,972$1,943,616
I-19 Revenue less expensesPrior year $569,431−$162,967
Part VI · Governance 17 of 17 board members independent, no flags
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
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 $1,780,649 across 14 lines filed
Lines not itemized here account for $171,128 of total revenue; see the IRS return.
VIII-1a Federated campaigns$677
VIII-1b Membership dues$30,773
VIII-1c Fundraising events$51,583
VIII-1d Related organizations$0
VIII-1e Government grants$18,795
VIII-1f All other contributions, gifts and grants$361,367
VIII-1h Total contributions, gifts and grants$463,195
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,138,677$1,138,677
VIII-3 Investment incomeExcluded from tax $4,637$4,637
VIII-6 Net rental income or lossExcluded from tax $1,600$1,600
VIII-7 Net gain or loss on sales of assetsExcluded from tax $715$715
VIII-8 Net income from fundraising eventsExcluded from tax −$414−$414
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $1,111$1,111
VIII-12 Total revenueRelated to mission $1,309,641 · Unrelated business $0 · Excluded from tax $7,813$1,780,649
Part IX · Statement of functional expenses $1,943,616 across 24 lines filed
IX-2 Grants to domestic individualsPrograms $77,375$77,375
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $67,261 · Management $18,343 · Fundraising $36,688$122,292
IX-6 Pay of disqualified personsManagement $0$0
IX-7 Other salaries and wagesPrograms $638,795 · Management $52,450 · Fundraising $20,888$712,133
IX-8 Pension plan contributionsPrograms $6,800 · Management $9,588 · Fundraising $0$16,388
IX-9 Other employee benefitsPrograms $26,367 · Management $16,322$42,689
IX-10 Payroll taxesPrograms $109,149 · Management $9,268 · Fundraising $7,772$126,189
IX-11b Legal feesManagement $555 · Fundraising $0$555
IX-11c Accounting feesPrograms $14,390 · Management $14,181 · Fundraising $1,181$29,752
IX-11e Professional fundraising feesFundraising $5,750$5,750
IX-11g Other fees for servicesPrograms $21,164 · Management $4,350 · Fundraising $2,658$28,172
IX-12 Advertising and promotionPrograms $22,860 · Management $3,078 · Fundraising $561$26,499
IX-13 Office expensesPrograms $9,118 · Management $7,263 · Fundraising $701$17,082
IX-14 Information technologyManagement $18,104$18,104
IX-16 OccupancyPrograms $242,376 · Management $1,150 · Fundraising $1,150$244,676
IX-17 TravelManagement $88 · Fundraising $672$760
IX-19 Conferences, conventions and meetingsPrograms $1,562 · Management $1,680$3,242
IX-20 InterestPrograms $48,504 · Management $369 · Fundraising $245$49,118
IX-21 Payments to affiliatesPrograms $14,300 · Management $3,625 · Fundraising $2,215$20,140
IX-22 Depreciation, depletion and amortizationPrograms $240,539 · Management $1,419 · Fundraising $1,215$243,173
IX-23 InsurancePrograms $73,639 · Management $369 · Fundraising $369$74,377
IX-24 Other expenses (24a–d)Programs $82,592 · Management $6,085 · Fundraising −$4,949$83,728
IX-24e All other expensesPrograms $0 · Management $1,422 · Fundraising $0$1,422
IX-25 Total functional expensesPrograms $1,696,791 · Management $169,709 · Fundraising $77,116$1,943,616
Part X · Balance sheet $4,569,314 assets, 25 lines filed
X-1 Cash, non-interest-bearingStart of year $835,367$1,498,098
X-3 Pledges and grants receivableStart of year $829,125$539,101
X-4 Accounts receivableStart of year $27,514$11,862
X-5 Loans to officers and key peopleStart of year $0$0
X-6 Loans to other insidersStart of year $0$0
X-8 Inventories for sale or useStart of year $925$767
X-9 Prepaid expenses and deferred chargesStart of year $21,920$19,341
X-10c Land, buildings and equipment, netStart of year $2,618,368$2,455,832
X-11 Publicly traded securitiesStart of year $2,477$11,260
X-14 Intangible assetsStart of year $2,659$33,053
X-15 Other assetsStart of year $9,566$0
X-16 Total assetsStart of year $4,347,921$4,569,314
X-17 Accounts payable and accrued expensesStart of year $90,031$78,021
X-19 Deferred revenueStart of year $60,908$92,941
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-21 Escrow or custodial accountsStart of year $16,126$22,023
X-22 Loans from officers and insidersStart of year $0$0
X-23 Secured mortgages and notes payableStart of year $1,251,269$1,327,209
X-24 Unsecured notes and loans payableStart of year $0$282,500
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $1,418,334$1,802,694
X-27 Net assets without donor restrictionsStart of year $1,406,954$1,126,105
X-28 Net assets with donor restrictionsStart of year $1,522,633$1,640,515
X-32 Total net assets or fund balancesStart of year $2,929,587$2,766,620
X-33 Total liabilities and net assetsStart of year $4,347,921$4,569,314
Part XI · Reconciliation of net assets $2,766,620 net assets at year end
XI-1 Total revenue$1,780,649
XI-2 Total expenses$1,943,616
XI-3 Revenue less expenses−$162,967
XI-4 Net assets at start of year$2,929,587
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,766,620

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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