Akron Area YMCA
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Akron Area YMCA meets the 20 Standards for Charity Accountability.
Stated Purpose:
The organization's purpose is "To put Christian principals into practice through programs which build a healthy spirit, mind, and body for all."
The Young Men's Christian association (Akron Area YMCA) also provides leadership, fitness, community outreach, family, childcare, education and recreation programs and facilities for all, regardless of ability to pay.
Year, State Incorporated:
1902, OH
Also Known As:
Medina County YMCA YMCA Camp Y-Noah Green Family YMCA Firestone Park YMCA Ymca Child Care Longwood Family YMCA Rotary Camp University Park YMCA Riverfront Family YMCA East Akron Phoenix School Young Men's Christian Association of Akron, Inc.
The YMCA focus is on YOUTH DEVELOPMENT, Nurturing the potential of every child and teen; HEALTHY LIVING, Improving the nation's health and well-being; and SOCIAL RESPONSIBILITY, Giving back and providing support to our neighbors.
For the year ended December 31, 2022, Akron Area YMCA's program expenses were:
| Total Program Services | $15,297,913 |
| Total Program Expenses | $15,297,913 |
Chair of the Board
Mr. Stephen R Hendricks, Board Chairperson
Chair's Profession / Business Affiliation
Board Size
13
Paid Staff Size
500
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Grant proposals
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Akron Area YMCA's IRS Form 990 for the year ended December 31, 2022.
Source of Funds
| Program Services Revenue | $19,744,299 |
| Contributions, gifts, grant and other similiat amounts | $896,822 |
| Net rental gain | $173,379 |
| Net Income from Fund Raising Events | $167,118 |
| Emplolee Retention Credit | $119,110 |
| Miscellaneous Income | $87,845 |
| Net Income from the sale on inventory | $19,484 |
| Investment Income | $3,801 |
| Total Income | $21,211,858 |
Programs: 86% Fundraising: 1% Administrative: 13%
| Total Income | $21,211,858 |
| Total expenses: | $17,844,867 |
| Program expenses | $15,297,913 |
| Fundraising expenses | $153,404 |
| Administrative expenses | $2,393,550 |
| Other expenses | $0 |
| Income in Excess of Expenses | $3,366,991 |
| Beginning Net Assets | $24,277,778 |
| Other Changes In Net Assets | $-243,684 |
| Ending Net Assets | $27,401,085 |
| Total Liabilities | $5,015,217 |
| Total Assets | $27,401,085 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB of Akron