YMCA Foundation EIN 30-0187652

YMCA Foundation FY2020 filing

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Supports programs enhancing character, education, and community for children and families. For fiscal year 2020 it reported $301K in revenue, $732K in expenses, and $7.3M in net assets.Pt I

Founded
2002
Type
Supporting organization · Foundations & Grantmakers
Location
Detroit, MI
Filings
6 on file (2020–2020)
Revenue
$301KFY2020
Expenses
$732K
Net assets
$7.3M
People
11
Filings
6
Updates
0
More identity details & actions ⌄
EIN  30-0187652 Supporting organization Detroit, MI Founded 2002
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Supports programs enhancing character, education, and community for children and families.
Leadership
Money in and out
$301K revenue, $732K expenses
Bottom line
-143% net inflow
Money in and out · FY2020
Total revenue
$301K
Pt VIII · Ln 12
Total expenses
$732K
Pt IX · Ln 25
Net assets
$7.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$431K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Net inflow
-143%
revenue over expenses, this year
Pass-through gifts
0%
of revenue from contributions
Program spending
96%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$301K
FY2020
Expenses
$732K
FY2020
Total assets
$7.3M
FY2020
Total liabilities
$0
FY2020
Total revenue
$301K
Pt VIII · Ln 12
Total expenses
$732K
Pt IX · Ln 25
Net assets
$7.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$431K
Total assetsPt X · Ln 16$7.3M
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $700K of program spending, described in the organization's own filed words · FY2020.
01

Funds from the ymca foundation support a myriad of ymca branch priorities from camping scholarships at camp ohiyesa and nissokone, to day camp scholarships at multiple branches across southeast michigan to the y-achievers programming serving the city of detroit and other communities.

$700Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CYMCA Foundation
EINHdr · item D30-0187652
Principal addressHdr · item CDetroit, MI
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2002
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFAug 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See YMCA Foundation executive salaries →

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Statement of Revenue

Part VIII
Investment income100%$301K
Total revenueLn 12$301K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$700K
Management & general4%$32K
Total functional expensesLn 25$732K

Balance Sheet

Part X · end of year
CashLn 1$104K
Total assetsLn 16$7.3M
Total liabilitiesLn 26$0
Total net assetsLn 32$7.3M
Months of cash on handcomputed1.7

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $7.3M · Operating expenses/yr $732K
120.3 months
Where the money goes
Program services
Program services $700K · Total expenses $732K
96%
Management & General
Management & general $32K · Total expenses $732K
4%
Fundraising
Fundraising $0 · Total expenses $732K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $301K
0%
Government reliance
Government grants $0 · Total revenue $301K
0%
Earned-income share
Program service revenue $0 · Total revenue $301K
0%
Investment reliance
Investment income $301K · Total revenue $301K
+100%
Program self-sufficiency
Program service revenue $0 · Total expenses $732K
0%
Growth & trend
Revenue growth (YoY)
This year $301K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $7.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $301K · Expenses $732K
-143%
Liabilities-to-Assets
Total liabilities — · Total assets $7.3M
Net-asset ratio
Net assets $7.3M · Total assets $7.3M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $6.6M · Other securities (Pt X, ln 12) $592K · Total assets (Pt X, ln 16) $7.3M
99%
People & payroll
Highest Reported Total Compensation
Individual Anthony P Cracchiolo · Reported title Chairman · Highest reported compensation $0 · Total expenses $732K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $732K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Investment management fee ratio 0.4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$195K
Grants paid · 4 grants · $3.6M · 2020–2025
YMCA of Metropolitan DetroitMI · FY2025$1,000,000
YMCA of Metropolitan DetroitMI · FY2024$366,368
YMCA of Metropolitan DetroitMI · FY2021$1,500,000
YMCA of Metropolitan DetroitMI · FY2020$700,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$623K revenue · ⤓ 990 PDF
FY2024$599K revenue · ⤓ 990 PDF
FY2023$1.5M revenue · ⤓ 990 PDF
FY2022$580K revenue · ⤓ 990 PDF
FY2021$474K revenue · ⤓ 990 PDF
FY2020$301K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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