YOUNG MENS CHRISTIAN ASSOCIATION OF CENTRAL VIRGINIA Charity Report

Public IRS 990 nonprofit record

YOUNG MENS CHRISTIAN ASSOCIATION OF CENTRAL VIRGINIA

EIN 54-0505924 · Human Services (P270)

What they do

AT THE YMCA of CENTRAL VIRGINIA, WE BELIEVE A STRONG COMMUNITY CAN ONLY BE ACHIEVED WHEN WE INVEST IN OUR KIDS, OUR HEALTH and OUR NEIGHBORS. THATS WHY OUR ASSOCIATION of MEN, WOMEN and CHILDREN is COMMITTED to BRING ABOUT LASTING PERSONAL and SOCIAL CHANGE BY FOCUSING ON NURTURING THE POTENTIAL of CHILDREN, PROMOTING HEALTHY LIVING and FOSTERING SOCIAL RESPONSIBILITY. OUR POLICY of WELCOMING PEOPLE of ALL AGES, GENDERS, ETHNICITIES, FAITHS, ABILITIES and BACKGROUNDS GIVES US THE OPPORTUNITY to SERVE ONE OUT of EVERY TEN PEOPLE IN THE GREATER LYNCHBURG COMMUNITY. FINANCIAL ASSISTANCE is OFFERED to INDIVIDUALS and FAMILIES WHO CANNOT AFFORD MEMBERSHIPS and PROGRAMS. WE ARE A CAUSE-DRIVEN ORGANIZATION FOUNDED and LED BY VOLUNTEERS FROM OUR COMMUNITY WHO SERVE ON OUR GOVERNING and POLICY MAKING BOARDS and AS MENTORS, COACHES and MORE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $97.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

104.27%of revenue went to mission work97.6% of expenses · Program services

1.28%of revenue went to fundraising1.2% of expenses

$106.83spent for every $100 of revenueSpending was higher than revenue this year.

1.27%of revenue went to management and office costs1.2% of expenses

$2.32in assets for every $1 spent this yearSome assets cannot be spent right away.

11.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $684,692 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $200,583 for MICHAEL CASSIDY (CEO & SECRETARY). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$10,030,896

Mission workProgram services$10,459,490104.27% of revenue97.6% of expenses

ManagementOffice and general costs$127,6091.27% of revenue1.2% of expenses

FundraisingAsking for donations$128,4891.28% of revenue1.2% of expenses

Total expenses$10,715,588106.83% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 97.6% mission · 1.2% management · 1.2% fundraisingTotal expenses: 106.83% of revenue

2023Expense mix: 97.7% mission · 1.2% management · 1.0% fundraisingTotal expenses: 101.10% of revenue

2022Expense mix: 98.4% mission · 1.1% management · 0.5% fundraisingTotal expenses: 92.23% of revenue

2021Expense mix: 98.7% mission · 1.0% management · 0.3% fundraisingTotal expenses: 50.09% of revenue

2020Expense mix: 98.6% mission · 1.0% management · 0.4% fundraisingTotal expenses: 91.33% of revenue

2019Expense mix: 98.8% mission · 0.9% management · 0.3% fundraisingTotal expenses: 112.80% of revenue

2018Expense mix: 98.8% mission · 0.8% management · 0.4% fundraisingTotal expenses: 99.56% of revenue

2017Expense mix: 98.8% mission · 0.8% management · 0.4% fundraisingTotal expenses: 99.85% of revenue

Money in and money out

Revenue$10,030,896

Expenses$10,715,588

Annual shortfall $684,692 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$10,459,490 · 97.6% of expenses

Management and office costs$127,609 · 1.2% of expenses

Fundraising$128,489 · 1.2% of expenses

See all reported dollar amounts

Revenue$10,030,896

Expenses$10,715,588

Assets$24,851,874

Income$10,250,052

Contributions$1,111,201

Mission work (program services)$10,459,490

Fundraising$128,489

Management and general$127,609

Accounting fees$12,994

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MICHAEL CASSIDYCEO & SECRETARY · 40 hrs/week $200,583Base $155,743 · Other $44,840

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

MICHAEL CASSIDYCEO & SECRETARY

LUTHER MADDYDIRECTOR

TONY ROBINSONDIRECTOR

TOM DELANEYDIRECTOR

THOMAS VAUGHAN IIIVICE PRESIDENT

STUART EVANSTREASURER

RYAN MCENTIREDIRECTOR

RON KENNEDYDIRECTOR

ROBERT OBRIANDIRECTOR

ROBERT BABCOCKDIRECTOR

PRESTON CRAIGHILLDIRECTOR

PHILL SAULSDIRECTOR

PATTI MCCUEDIRECTOR

ALISON MORRISON-SHETLARDIRECTOR

LAWRENCE ROBERTSDIRECTOR

JAMES O WATTS IVDIRECTOR

JAMES CAMMDIRECTOR

JACKIE BIBBYDIRECTOR

HERMAN CONE IIIDIRECTOR

GORHAM B WOODDIRECTOR

GEORGE KAYESDIRECTOR

CRYSTAL EDWARDSDIRECTOR

CINDY FORRENPRESIDENT

CARTER PAXTONDIRECTOR

ART COSTANDIRECTOR

ANDREW PEARSONDIRECTOR

About this charity

Recognized since: January 1980
Location: 1309 CHURCH ST, LYNCHBURG, VA 24504-4603
County: Lynchburg (city)
In care of: Michael A Cassidy
Primary officer: Michael A Cassidy, Chief Executive Officer

How to reach them

WebsiteVisit the charity’s website Phone(434) 616-4590

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: DAVIDSON DOYLE & HILTON LLP
NTEE classification: Human Services (P270)