Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $3,119,538

• 1f · All other contributions, gifts and grants

  $1,681

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $232,351 · excluded $232,351

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $154,402

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

  securities $92,022

• 7c · Gain or loss

  securities $62,380 · other assets $0

• 7d · Net gain or loss

  total $62,380 · excluded $62,380

• 8c · Net income from fundraising events

  total $0

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 11c · Fees: accounting

  total $2,160 · management and general $2,160

• 11f · Fees: investment management

  total $38,723 · management and general $38,723

• 11g · Fees: other

  total $14,279 · program services $0 · management and general $14,279 · fundraising $0

• 24a · Other expenses: LICENSE FEE

  total $128 · management and general $128

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $41,427

• 3 · Pledges and grants receivable

  beginning of year $121,574 · end of year $33,935

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 10a · Land, buildings and equipment: cost or other basis

  $0

• 10b · Land, buildings and equipment: accumulated depreciation

  $0

• 10c · Land, buildings and equipment, net

  end of year $0

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $4,861,959 · end of year $8,568,949

• 15 · Other assets

  beginning of year $0 · end of year $0

• 17 · Accounts payable and accrued expenses

  end of year $4,667

• 22 · Loans and payables to officers and key people

  end of year $0

• 25 · Other liabilities

  beginning of year $45,480 · end of year $30,851

• 27 · Net assets without donor restrictions

  beginning of year $4,260,576 · end of year $3,617,735

• 28 · Net assets with donor restrictions

  beginning of year $718,904 · end of year $4,949,631

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation

THE VOLUNTEER OFFICERS OF THE BOARD OF TRUSTEES OF THE YMCA OF SOUTH PALM BEACH COUNTY, A RELATED ENTITY, ARE RESPONSIBLE FOR REVIEWING THE PERFORMANCE OF THE CEO AND FOR SETTING COMPENSATION. THESE ARE ALL INDEPENDENT INDIVIDUALS. THEY ARE PROVIDED WITH COMPARABILITY DATA BY THE YMCA OF THE USA AS WELL AS RECOMMENDATIONS FOR SALARY RANGES ACCORDING TO THE SIZE AND SCOPE OF THE ASSOCIATION.