Frank P Phillips Memorial YMCA

Tax-deductible

Columbus, MS501(c)(3)Human ServicesEIN 64-6025994

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To put christian principles into practice through programs that build a healthy spirit, mind, and body. We promote youth development, healthy living, and social responsibility.

501(c)(3) charity; gifts are tax-deductible.
63¢ of each $1 spent went to programs.
Run by 400 volunteers and 133 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $89K a year · 5% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$86K
to officers and key staff · 5% of spending
Top officer’s pay lower than 77% of similar orgs
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $133K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$210K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
25
of 25 voting members
Looks good: 25 of 25 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.6M
-18% vs prior year
Spent
$1.8M
To programs
63%
Net assets
$2.3M
By yearFY2020–FY2024
Revenue
$1.6M
FY2024▼ -18%
Revenue by fiscal year
FY2020$1.3M
FY2021$1.9M
FY2022$1.4M
FY2023$1.9M
FY2024$1.6M
Expenses
$1.8M
FY2024▲ +15%
Expenses by fiscal year
FY2020$1.3M
FY2021$1.5M
FY2022$1.6M
FY2023$1.5M
FY2024$1.8M
Net assets
$2.3M
FY2024▼ -7%
Net assets by fiscal year
FY2020$1.8M
FY2021$2.2M
FY2022$2.0M
FY2023$2.5M
FY2024$2.3M

From the FY2024 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: FY2024. IRS ruling in Mar 1945.

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

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $1.1M Management & general 33% · $588K Fundraising 3% · $58K

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

26 people listed on the 990; $86K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$85,905Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Jimmy Woodruff’s $86K as Executive Di is at the 23rd 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jimmy Woodruff$85,905$84,921$80,000$80,000$70,000

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 Frank P Phillips Memorial 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

Builds healthy spirits, minds, and bodies through Christian principles, promoting youth development and social responsibility.

Provided by the organization

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1 program service account for $1.1M of program spending, described in the organization's own filed words · FY2024.
01

To put christian principles into practice through programs that build a healthy spirit, mind, and body for all.

$1.1Mprogram expense

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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 · FY2024
See all 4 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.6M
Ln 12
Fees for servicesLn 2g$1.3M
Gifts and grantsLn 1h$268K
Investment incomeLn 3$25K
Money outPt IX
$1.8M
Ln 25
Programscol B$1.1M
Managementcol C$588K
Fundraisingcol D$58K
Owns and owesPt X
$2.3M
net assets · Ln 32
Cash and savingsLn 1–2$468K
Total assetsLn 16$2.5M
LiabilitiesLn 26$210K
PeoplePt VI, VII
26
listed · VII A
PaidVII A1
Voting boardVI 1a25
IndependentVI 1b25
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$268K
Fees for servicesLn 2g$1.3M
Investment incomeLn 3$25K
Other incomeLn 4–11$22K
Gains on assetsLn 7$2K
Total revenueLn 12$1.6M
Assets in detailPt X, end of year
CashLn 1$468K
Cash and savings togetherLn 1–2$468K
InvestmentsLn 11–13$13K
Land, buildings, equipmentLn 10c$2.0M
Total assetsLn 16$2.5M
LiabilitiesLn 26$210K
Net assetsLn 32$2.3M
OperationsPt I, VI
EmployeesI 5133
VolunteersI 6400
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 FY24End FY24
Cash and savingsLn 1–2$825K$468K
InvestmentsLn 11–13$17K$13K
Land, buildings, equipmentLn 10c$1.7M$2.0M
Total assetsLn 16$2.6M$2.5M
LiabilitiesLn 26$107K$210K
Net assetsLn 32$2.5M$2.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$86K$86K
Other salaries and wagesLn 7$375K$95K$280K
Other employee benefitsLn 9$93K$70K$19K$5K
Payroll taxesLn 10$61K$12K$49K
Accounting feesLn 11c$28K$10K$17K$1K
Advertising and promotionLn 12$38K$38K
Office expensesLn 13$32K$16K$14K$2K
InterestLn 20$10K$8K$2K
Payments to affiliatesLn 21$35K$35K
Depreciation, depletion and amortizationLn 22$100K$89K$7K$3K
InsuranceLn 23$55K$41K$14K
Other expenses (24a–d)Ln 24$449K$404K$39K$6K
All other expensesLn 24e$401K$336K$62K$3K
Total functional expensesLn 25$1.8M$1.1M$588K$58K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.6M$1.8M−$163K$2.3M 990 PDF
FY2023 $1.9M$1.5M$419K$2.5M 990 PDF
FY2022 $1.4M$1.6M−$193K$2.0M 990 PDF
FY2021 $1.9M$1.5M$444K$2.2M 990 PDF
FY2020 $1.3M$1.3M−$63K$1.8M 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,599,066 across 7 lines filed
VIII-1f All other contributions, gifts and grants$268,111
VIII-1h Total contributions, gifts and grants$268,111
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,284,288$1,284,288
VIII-3 Investment incomeExcluded from tax $23,225$23,225
VIII-7 Net gain or loss on sales of assetsRelated to mission $1,700$1,700
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $21,742$21,742
VIII-12 Total revenueRelated to mission $1,307,730 · Excluded from tax $23,225$1,599,066
Part IX · Statement of functional expenses $1,762,213 across 13 lines filed
IX-5 Pay of current officers, directors and key staffManagement $85,905$85,905
IX-7 Other salaries and wagesPrograms $94,692 · Management $280,175$374,867
IX-9 Other employee benefitsPrograms $69,507 · Management $18,535 · Fundraising $4,634$92,676
IX-10 Payroll taxesPrograms $11,525 · Management $49,132$60,657
IX-11c Accounting feesPrograms $9,775 · Management $16,757 · Fundraising $1,396$27,928
IX-12 Advertising and promotionFundraising $37,855$37,855
IX-13 Office expensesPrograms $16,422 · Management $14,260 · Fundraising $1,614$32,296
IX-20 InterestPrograms $8,250 · Management $1,869$10,119
IX-21 Payments to affiliatesPrograms $35,176$35,176
IX-22 Depreciation, depletion and amortizationPrograms $89,468 · Management $6,866 · Fundraising $3,433$99,767
IX-23 InsurancePrograms $40,920 · Management $13,639$54,559
IX-24 Other expenses (24a–d)Programs $404,022 · Management $39,146 · Fundraising $6,088$449,256
IX-24e All other expensesPrograms $336,383 · Management $61,671 · Fundraising $3,098$401,152
IX-25 Total functional expensesPrograms $1,116,140 · Management $587,955 · Fundraising $58,118$1,762,213
Part X · Balance sheet $2,511,505 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $824,614$467,931
X-3 Pledges and grants receivable$16,020
X-9 Prepaid expenses and deferred chargesStart of year $47,849$29,362
X-10c Land, buildings and equipment, netStart of year $1,682,528$1,984,948
X-12 Other securitiesStart of year $16,544$13,244
X-16 Total assetsStart of year $2,571,535$2,511,505
X-17 Accounts payable and accrued expensesStart of year $25,103$41,949
X-19 Deferred revenueStart of year $23,350$22,958
X-25 Other liabilitiesStart of year $58,137$144,800
X-26 Total liabilitiesStart of year $106,590$209,707
X-27 Net assets without donor restrictionsStart of year $2,122,456$2,232,034
X-28 Net assets with donor restrictionsStart of year $342,489$69,764
X-32 Total net assets or fund balancesStart of year $2,464,945$2,301,798
X-33 Total liabilities and net assetsStart of year $2,571,535$2,511,505
Part XI · Reconciliation of net assets $2,301,798 net assets at year end
XI-1 Total revenue$1,599,066
XI-2 Total expenses$1,762,213
XI-3 Revenue less expenses−$163,147
XI-4 Net assets at start of year$2,464,945
XI-10 Net assets at end of year$2,301,798

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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