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Nonprofiteer
← STANLY COUNTY FAMILY YMCA FOUNDATION

Form 990 for tax year 2024

Filed by STANLY COUNTY FAMILY YMCA FOUNDATION.

Totals

Total revenue
$95,296
Total expenses
$7,568
Contributions and grants received
$717
Grants paid
$3,072
Program service revenue
$0
Investment income
$94,579
Other revenue
$0
Total assets, end of year
$2,905,642
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$2,905,642
Program services expenses (Part IX)
$3,072
Management and general expenses
$4,496
Fundraising expenses
$0
Program service expenses (Part III)
$3,072

Program services were 40.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $717

  • 3 · Investment income

    total $94,241 · excluded $94,241

  • 7a · Gross sales of assets other than inventory

    securities $540,523

  • 7b · Less cost or other basis and sales expenses

    securities $540,185

  • 7c · Gain or loss

    securities $338

  • 7d · Net gain or loss

    total $338 · excluded $338

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,072 · program services $3,072

  • 11c · Fees: accounting

    total $3,000 · management and general $3,000

  • 23 · Insurance

    total $1,496 · management and general $1,496

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $35,873 · end of year $27,765

  • 11 · Investments: publicly traded securities

    beginning of year $2,541,807 · end of year $2,877,877

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,500

  • 27 · Net assets without donor restrictions

    beginning of year $2,469,437 · end of year $2,790,857

  • 28 · Net assets with donor restrictions

    beginning of year $104,743 · end of year $114,785

Mission and programs · 2024

Mission

THE FOUNDATION SERVES AS A CATALYST TO IMPROVE CAPACITY AND QUALITY OF PROGRAMS, SERVICES AND FACILITIES AT THE STANLY COUNTY FAMILY YMCA. IT WILL SUPPORT CURRENT YMCA INITIATIVES AND CREATE A LEGACY TO ENSURE THAT THE YMCA WILL CONTINUE ITS MISSION TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE.

  • EDUCATION OF AND PROMOTION OF PHILANTHROPIC GIVING TO GROW THE CORPUS OF THE FOUNDATION THROUGH A BASE OF BOARD APPROVED VOLUNTEER REPRESENTATIVES SERVING AS THE DEVELOPMENT ARM OF THE ORGANIZATION.

    Expenses $3,072 · Grants $3,072

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Cynthia Beane

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Randy Mauldin

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • John M Lowder

    TREASURER/SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Todd Swaringen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
12 February 2025
IRS schema version
2024v5.0
Source object
202530439349300643

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