WESTPORT WESTON FAMILY YMCA FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

WESTPORT WESTON FAMILY YMCA FOUNDATION INC

EIN 81-3028694 · Young Mens or Womens Associations (P27)

What they do

THE WESTPORT/WESTON FAMILY YMCA FOUNDATION, INC. (THE FOUNDATION) WAS ORGANIZED AS A 501(C)(3) CORPORATION IN 2016 WITH THE YOUNG MENS CHRISTIAN ASSOCIATION of WESTPORT/WESTON, CONNECTICUT, INC. (THE ASSOCIATION) AS ITS SOLE MEMBER. THE FOUNDATIONS PURPOSE is TO: A.) SUPPORT, BENEFIT and ASSIST THE OPERATIONS, PROGRAMS, ENDEAVORS and INITIATIVES of THE ASSOCIATION. B.) RECEIVE FROM ANY PERSON, FIRM, FOUNDATION, CORPORATION, or GOVERNMENTAL AGENCY, PROPERTY WHICH WILL CONSTITUTE THE FUNDS of THE ASSOCIATION or WHICH BY GIFT, BEQUEST or OTHERWISE is DEDICATED to THE ASSOCIATION. C.) to OWN, HOLD, MANAGE, INVEST, and REINVEST SUCH PROPERTY RECEIVED BY THE FOUNDATION and to USE and APPLY THE NET INCOME and PRINCIPAL of ALL SUCH PROPERTY IN SUCH A MANNER and AT SUCH TIMES AS DEEMED BEST for THE USE or BENEFIT of THE ASSOCIATION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $82.10 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 leaders19 people are listed in the latest report.

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

Money made simple

31.77%of revenue went to mission work82.1% of expenses · Program services

$38.68spent for every $100 of revenueRevenue covered expenses this year.

6.92%of revenue went to management and office costs17.9% of expenses

$36.97in assets for every $1 spent this yearSome assets cannot be spent right away.

0.1%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.

Pay context: The highest compensation shown in this filing is $43,997 for GLEN HALE (CHIEF FINANCIAL OFFICER/INTERIM CEO). 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$3,824,959

Mission workProgram services$1,215,00031.77% of revenue82.1% of expenses

ManagementOffice and general costs$264,5906.92% of revenue17.9% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$2,345,36961.32% of revenueShown in gray on the chart

Total expenses$1,479,59038.68% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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: 82.1% mission · 17.9% management · 0.0% fundraisingTotal expenses: 38.68% of revenue

2023Expense mix: 87.1% mission · 12.9% management · 0.0% fundraisingTotal expenses: 183.30% of revenue

2022Expense mix: 85.8% mission · 14.2% management · 0.0% fundraisingTotal expenses: 254.61% of revenue

2021Expense mix: 97.8% mission · 2.2% management · 0.0% fundraisingTotal expenses: 20.21% of revenue

2020Expense mix: 94.9% mission · 5.1% management · 0.0% fundraisingTotal expenses: 288.95% of revenue

2019Expense mix: 86.1% mission · 13.9% management · 0.0% fundraisingTotal expenses: 82.11% of revenue

2018Expense mix: 66.6% mission · 0.0% management · 33.4% fundraisingTotal expenses: 30.62% of revenue

2017Expense mix: 67.7% mission · 32.3% management · 0.0% fundraisingTotal expenses: 21.62% of revenue

Money in and money out

Revenue$3,824,959

Expenses$1,479,590

Annual surplus $2,345,369 Revenue was higher than expenses 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)$1,215,000 · 82.1% of expenses

Management and office costs$264,590 · 17.9% of expenses

See all reported dollar amounts

Revenue$3,824,959

Expenses$1,479,590

Assets$54,706,290

Income$49,009,108

Contributions$3,975

Mission work (program services)$1,215,000

Grants given$13,334,974

Average grant$1,666,872

Management and general$264,590

Stocks and bonds$42,451,451

Investing fees$264,590

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

GLEN HALECHIEF FINANCIAL OFFICER/INTERIM CEO · 1 hrs/week $43,997Base · Other $43,997

ANJALI MCCORMICKCEO OUTGOING · 1 hrs/week $38,539Base · Other $38,539

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 (19)

GLEN HALECHIEF FINANCIAL OFFICER/INTERIM CEO

ANJALI MCCORMICKCEO OUTGOING

JIM MARPETRUSTEE

ROSEMARY HALSTEADVICE CHAIR

PHILLIP SCHEMELTRUSTEE OUTGOING

PETER NUSSBAUMTREASURER

PETE WOLGASTTRUSTEE

PAUL KEBLISHTRUSTEE

MICHAEL TAETSTRUSTEE

KATHRYN GUSSENTRUSTEE

JULAINE SUNDERLANDTRUSTEE

JOHN MCKINNEYCHAIRMAN

JAMES WESTPHALTRUSTEE OUTGOING

IAIN BRUCETRUSTEE OUTGOING

DOUG FINCHERTRUSTEE

DANA MCCREESHTRUSTEE

DAN MCHUGHSECRETARY

CHARLIE HABERSTROHTRUSTEE

BONNIE STRITTMATTERTRUSTEE OUTGOING

About this charity

Recognized since: January 2016
Location: 14 ALLEN RAYMOND LN, WESTPORT, CT 06880-1918
County: Fairfield
In care of: JOHN MCKINNEY
Primary officer: JOHN MCKINNEY, CHAIRMAN OF THE BOARD OF TRUSTEES

How to reach them

Phone(203) 226-8981

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: COHNREZNICK ADVISORY LLC
NTEE classification: Young Mens or Womens Associations (P27)
IRS tax category: Young Mens or Womens Associations
Grant-giving organization: Yes