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← YOUNGS MENS CHRISTIAN ASSOCIATION OF GREENSBORO ENDOWMENT INC

Form 990 for tax year 2024

Filed by YOUNGS MENS CHRISTIAN ASSOCIATION OF GREENSBORO ENDOWMENT INC.

Totals

Total revenue
$200,460
Total expenses
$141,076
Contributions and grants received
$17,433
Grants paid
$125,899
Program service revenue
$0
Investment income
$183,027
Other revenue
$0
Total assets, end of year
$3,130,503
Total liabilities, end of year
$1,175,300
Net assets or fund balances, end of year
$1,955,203
Program services expenses (Part IX)
$125,899
Management and general expenses
$15,177
Fundraising expenses
$0
Program service expenses (Part III)
$125,899

Program services were 89.2% 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

    $17,433

  • 3 · Investment income

    total $112,528 · excluded $112,528

  • 7a · Gross sales of assets other than inventory

    securities $776,591

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

    securities $706,092

  • 7c · Gain or loss

    securities $70,499

  • 7d · Net gain or loss

    total $70,499 · excluded $70,499

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $125,899 · program services $125,899

  • 11f · Fees: investment management

    total $15,177 · management and general $15,177

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $220,107 · end of year $78,543

  • 11 · Investments: publicly traded securities

    beginning of year $2,671,144 · end of year $3,051,960

  • 25 · Other liabilities

    beginning of year $953,481 · end of year $1,175,300

  • 28 · Net assets with donor restrictions

    beginning of year $1,937,770 · end of year $1,955,203

Mission and programs · 2024

Mission

To support the functions of, or to carry out the purposes of The Young Men's Christian Association of Greensboro, Inc.

  • To support the functions of YMCA of Greensboro, Inc.

    Expenses $125,899 · Grants $125,899

As filed on the 2024 return.

Listed in Part VII

  • Dennis Stearns

    Chairman

    Total calculated
    $0
    Hours/week
    0.25

  • Lynn Harvey-Akan

    Director

    Total calculated
    $0
    Hours/week
    0.25

  • Rick Lusk

    Director

    Total calculated
    $0
    Hours/week
    0.25

  • Dupont Kirven

    Director

    Total calculated
    $0
    Hours/week
    0.25

  • Ford Bowers

    Director

    Total calculated
    $0
    Hours/week
    0.25

  • Candace Cummings

    Director

    Total calculated
    $0
    Hours/week
    0.25

  • Todd Rangel

    Director

    Total calculated
    $0
    Hours/week
    0.25

  • Sheila Thrower

    Director

    Total calculated
    $0
    Hours/week
    0.25

  • Dupont Kirven

    Director

    Total calculated
    $0
    Hours/week
    0.25

  • Oliver Thomas

    Director

    Total calculated
    $0
    Hours/week
    0.25

  • Kiva Elliott

    Director

    Total calculated
    $0
    Hours/week
    0.25

  • Mary Eleanor Puckett

    Director

    Total calculated
    $0
    Hours/week
    0.25

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
7 May 2025
IRS schema version
2024v5.1
Source object
202501299349301415

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