Valparaiso YMCA FY2023 filing

Tax-deductible

Valparaiso, IN501(c)(3)Since 1946Human ServicesEIN 35-0876401

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501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$216K paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · 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 $53K a year · under 1% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$216K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $54K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4.7M
25% of total assets
Looks good: liabilities are 25% 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
$6.3M
+2% vs prior year
Spent
$6.7M
To programs
92%
Net assets
$13.7M
By yearFY2020–FY2025
Revenue
$6.3M
FY2023▲ +2%
Revenue by fiscal year
FY2020$4.6M
FY2021$7.1M
FY2022$6.2M
FY2023$6.3M
FY2024$6.9M
FY2025$7.8M
Expenses
$6.7M
FY2023▲ +9%
Expenses by fiscal year
FY2020$5.6M
FY2021$5.6M
FY2022$6.2M
FY2023$6.7M
FY2024$6.7M
FY2025$7.7M
Net assets
$13.7M
FY2023▼ -2%
Net assets by fiscal year
FY2020$12.6M
FY2021$14.3M
FY2022$14.0M
FY2023$13.7M
FY2024$14.0M
FY2025$14.1M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1953.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $6.2M Management & general 3% · $225K Fundraising 5% · $308K

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

27 people listed on the 990; $216K paid to officers and key staff.

Part VII, Section A · reportable compensation
$154,026Pt VII · Sec A
Director of Finance (outgoing)
$58,082Pt VII · Sec A
Director of Finance (incoming)
$3,573Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Cvo - Emeritus
$0Pt VII · Sec A

Sharon Johnson’s $169K as CEO is at the 81st 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 · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Bob Wanek————$186,099$156,591
Sharon Johnson$169,412$155,746$154,026$165,087——
Scott Bordui$29,989$78,712$3,573———
Zach Wagner————$58,830$55,058
Mark Gilbota——$58,082$34,744——
Ryan Gish$34,621—————

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 Valparaiso 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

Provides resources and support to those in need.

Provided by the organization

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1 program · $6.2M · in their own filed words · FY2023
01

See schedule o.

$6.2Mprogram 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 · FY2025
Total grants receivedfrom 1 funder$54K
Grants paid · 3 grants · $42K · 2023–2025
Unitemized GrantFY2025$15,000
Unitemized GrantFY2024$15,000
Unitemized GrantFY2023$12,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$6.3M
Ln 12
Fees for servicesLn 2g$5.6M
Gifts and grantsLn 1h$803K
Investment incomeLn 3$64K
Money outPt IX
$6.7M
Ln 25
Programscol B$6.2M
Managementcol C$225K
Fundraisingcol D$308K
Owns and owesPt X
$13.7M
net assets · Ln 32
Cash and savingsLn 1–2$1.9M
Total assetsLn 16$18.4M
LiabilitiesLn 26$4.7M
PeoplePt VI, VII
27
listed · VII A
PaidVII A3
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$803K
Government grantsLn 1e$290K
Noncash giftsLn 1g$15K
Fundraising eventsLn 1c$160K
Fees for servicesLn 2g$5.6M
Investment incomeLn 3$64K
Gains on assetsLn 7−$197K
Total revenueLn 12$6.3M
Assets in detailPt X, end of year
CashLn 1$2K
SavingsLn 2$1.9M
Cash and savings togetherLn 1–2$1.9M
InvestmentsLn 11–13$2.0M
Land, buildings, equipmentLn 10c$13.9M
Other assetsLn 15$266K
Total assetsLn 16$18.4M
LiabilitiesLn 26$4.7M
Net assetsLn 32$13.7M
OperationsPt I, VI
EmployeesI 5430
VolunteersI 61,350
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 FY23End FY23
Cash and savingsLn 1–2$2.5M$1.9M
InvestmentsLn 11–13$1.8M$2.0M
Land, buildings, equipmentLn 10c$14.0M$13.9M
Total assetsLn 16$20.0M$18.4M
LiabilitiesLn 26$6.0M$4.7M
Net assetsLn 32$14.0M$13.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$12K$12K
Pay of current officers, directors and key staffLn 5$247K$90K$112K$45K
Other salaries and wagesLn 7$2.9M$2.7M$10K$155K
Pension plan contributionsLn 8$62K$54K$8K
Other employee benefitsLn 9$166K$142K$24K
Payroll taxesLn 10$249K$231K$2K$16K
Legal feesLn 11b$4K$3K$108$36
Accounting feesLn 11c$20K$19K$606$202
Investment management feesLn 11f$25K$25K
Other fees for servicesLn 11g$186K$183K$3K
Advertising and promotionLn 12$28K$26K$293$2K
Office expensesLn 13$48K$40K$2K$5K
Information technologyLn 14$197K$188K$4K$4K
OccupancyLn 16$859K$845K$10K$4K
TravelLn 17$60K$54K$5K$599
Conferences, conventions and meetingsLn 19$39K$11K$26K$2K
InterestLn 20$128K$126K$2K$581
Payments to affiliatesLn 21$107K$92K$9K$6K
Depreciation, depletion and amortizationLn 22$741K$728K$9K$4K
InsuranceLn 23$71K$70K$661$324
Other expenses (24a–d)Ln 24$531K$495K$8K$29K
Total functional expensesLn 25$6.7M$6.2M$225K$308K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $7.8M$7.7M$85K$14.1M 990 PDF
FY2024 $6.9M$6.7M$126K$14.0M 990 PDF
FY2023 Viewing $6.3M$6.7M−$392K$13.7M 990 PDF
FY2022 $6.2M$6.2M$20K$14.0M 990 PDF
FY2021 $7.1M$5.6M$1.5M$14.3M 990 PDF
FY2020 $4.6M$5.6M−$1.0M$12.6M 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 FY2023 990 (4 parts)
Part VIII · Statement of revenue $6,300,733 across 13 lines filed
VIII-1a Federated campaigns$2,970
VIII-1c Fundraising events$160,276
VIII-1d Related organizations$61,000
VIII-1e Government grants$290,373
VIII-1f All other contributions, gifts and grants$288,650
VIII-1g Noncash contributions (included above)$14,608
VIII-1h Total contributions, gifts and grants$803,269
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,638,079$5,638,079
VIII-3 Investment incomeExcluded from tax $63,941$63,941
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$197,170−$197,170
VIII-8 Net income from fundraising eventsExcluded from tax −$30,339−$30,339
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $22,953$22,953
VIII-12 Total revenueRelated to mission $5,638,079 · Unrelated business $0 · Excluded from tax −$140,615$6,300,733
Part IX · Statement of functional expenses $6,692,688 across 21 lines filed
IX-2 Grants to domestic individualsPrograms $12,000$12,000
IX-5 Pay of current officers, directors and key staffPrograms $90,393 · Management $111,638 · Fundraising $45,196$247,227
IX-7 Other salaries and wagesPrograms $2,748,481 · Management $10,343 · Fundraising $154,985$2,913,809
IX-8 Pension plan contributionsPrograms $53,987 · Fundraising $8,046$62,033
IX-9 Other employee benefitsPrograms $141,745 · Fundraising $24,409$166,154
IX-10 Payroll taxesPrograms $231,488 · Management $2,072 · Fundraising $15,608$249,168
IX-11b Legal feesPrograms $3,455 · Management $108 · Fundraising $36$3,599
IX-11c Accounting feesPrograms $19,392 · Management $606 · Fundraising $202$20,200
IX-11f Investment management feesManagement $25,394$25,394
IX-11g Other fees for servicesPrograms $183,405 · Fundraising $2,535$185,940
IX-12 Advertising and promotionPrograms $26,177 · Management $293 · Fundraising $1,627$28,097
IX-13 Office expensesPrograms $40,287 · Management $2,244 · Fundraising $5,375$47,906
IX-14 Information technologyPrograms $188,152 · Management $4,056 · Fundraising $4,375$196,583
IX-16 OccupancyPrograms $844,570 · Management $10,004 · Fundraising $3,977$858,551
IX-17 TravelPrograms $53,843 · Management $5,194 · Fundraising $599$59,636
IX-19 Conferences, conventions and meetingsPrograms $11,414 · Management $25,708 · Fundraising $1,908$39,030
IX-20 InterestPrograms $125,736 · Management $1,609 · Fundraising $581$127,926
IX-21 Payments to affiliatesPrograms $91,790 · Management $8,842 · Fundraising $6,114$106,746
IX-22 Depreciation, depletion and amortizationPrograms $728,032 · Management $8,905 · Fundraising $3,656$740,593
IX-23 InsurancePrograms $69,722 · Management $661 · Fundraising $324$70,707
IX-24 Other expenses (24a–d)Programs $495,079 · Management $7,726 · Fundraising $28,584$531,389
IX-25 Total functional expensesPrograms $6,159,148 · Management $225,403 · Fundraising $308,137$6,692,688
Part X · Balance sheet $18,437,113 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $2,153,401$1,535
X-2 Savings and temporary cash investmentsStart of year $300,797$1,932,476
X-3 Pledges and grants receivableStart of year $296,175$184,468
X-4 Accounts receivableStart of year $25,631$36,859
X-8 Inventories for sale or useStart of year $8,893$11,022
X-9 Prepaid expenses and deferred chargesStart of year $52,372$81,988
X-10c Land, buildings and equipment, netStart of year $14,042,393$13,896,600
X-11 Publicly traded securitiesStart of year $6,214$2,018,877
X-12 Other securitiesStart of year $1,832,093$7,054
X-15 Other assetsStart of year $1,250,532$266,234
X-16 Total assetsStart of year $19,968,501$18,437,113
X-17 Accounts payable and accrued expensesStart of year $554,941$426,839
X-19 Deferred revenueStart of year $186,379$232,565
X-20 Tax-exempt bond liabilitiesStart of year $4,115,000$3,855,000
X-25 Other liabilitiesStart of year $1,142,088$171,915
X-26 Total liabilitiesStart of year $6,002,559$4,698,446
X-27 Net assets without donor restrictionsStart of year $13,074,010$13,369,617
X-28 Net assets with donor restrictionsStart of year $891,932$369,050
X-32 Total net assets or fund balancesStart of year $13,965,942$13,738,667
X-33 Total liabilities and net assetsStart of year $19,968,501$18,437,113
Part XI · Reconciliation of net assets $13,738,667 net assets at year end
XI-1 Total revenue$6,300,733
XI-2 Total expenses$6,692,688
XI-3 Revenue less expenses−$391,955
XI-4 Net assets at start of year$13,965,942
XI-5 Net unrealized gains (losses) on investments$164,680
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$13,738,667

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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