Form 990 for tax year 2023

Filed by BARREN COUNTY FAMILY YMCA INC.

Totals

Total revenue: $1,488,813
Total expenses: $1,496,201
Contributions and grants received: $463,143
Grants paid: $0
Program service revenue: $817,821
Investment income: $193,012
Other revenue: $14,837
Total assets, end of year: $5,775,700
Total liabilities, end of year: $239,974
Net assets or fund balances, end of year: $5,535,726
Program services expenses (Part IX): $1,245,707
Management and general expenses: $177,151
Fundraising expenses: $73,343
Program service expenses (Part III): $501,235

Program services were 83.3% 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.

1a · Federated campaigns

$0
1b · Membership dues

$0
1c · Fundraising events

$0
1d · Related organizations

$0
1e · Government grants (contributions)

$399,257
1f · All other contributions, gifts and grants

$63,886
1g · Noncash contributions included above

$0
2a · Program service revenue: Healthy Living

total $482,525 · related or exempt $482,525
2b · Program service revenue: Youth Development

total $283,681 · related or exempt $283,681
2c · Program service revenue: Social Responsibility

total $51,615 · related or exempt $51,615
2f · All other program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
3 · Investment income

total $180,286 · related or exempt $180,286 · unrelated business $0 · excluded $0
4 · Income from investment of tax-exempt bond proceeds

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

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
6a · Gross rents

real property $14,837 · personal property $0
6b · Less rental expenses

real property $0 · personal property $0
6c · Rental income or loss

real property $14,837 · personal property $0
6d · Net rental income or loss

total $14,837 · related or exempt $0 · unrelated business $0 · excluded $14,837
7a · Gross sales of assets other than inventory

securities $12,726 · other assets $0
7b · Less cost or other basis and sales expenses

securities $0 · other assets $0
7c · Gain or loss

securities $12,726 · other assets $0
7d · Net gain or loss

total $12,726 · related or exempt $12,726 · unrelated business $0 · excluded $0
8a · Fundraising events: gross income

$0
8a · Fundraising events: contributions included on line 1c

$0
8b · Fundraising events: direct expenses

$0
8c · Net income from fundraising events

total $0 · unrelated business $0 · excluded $0
9a · Gaming: gross income

$0
9b · Gaming: direct expenses

$0
9c · Net income from gaming

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
10a · Gross sales of inventory

$0
10b · Cost of goods sold

$0
10c · Net income from sales of inventory

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11a · Other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11b · Other revenue: 0

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11c · Other revenue: 0

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

1 · Grants to domestic organizations and governments

total $0 · program services $0
2 · Grants to domestic individuals

total $0 · program services $0
3 · Grants to foreign organizations and individuals

total $0 · program services $0
4 · Benefits paid to or for members

total $0 · program services $0
5 · Compensation of officers, directors and key employees

total $150,691 · program services $0 · management and general $83,429 · fundraising $67,262
6 · Compensation of disqualified persons

total $0 · program services $0 · management and general $0 · fundraising $0
7 · Other salaries and wages

total $730,509 · program services $730,509 · management and general $0 · fundraising $0
8 · Pension plan contributions

total $0 · program services $0 · management and general $0 · fundraising $0
9 · Other employee benefits

total $28,708 · program services $18,660 · management and general $10,048 · fundraising $0
10 · Payroll taxes

total $69,472 · program services $45,157 · management and general $24,315 · fundraising $0
11a · Fees: management

total $0 · program services $0 · management and general $0 · fundraising $0
11b · Fees: legal

total $0 · program services $0 · management and general $0 · fundraising $0
11c · Fees: accounting

total $0 · program services $0 · management and general $0 · fundraising $0
11d · Fees: lobbying

total $0 · program services $0 · management and general $0 · fundraising $0
11e · Fees: professional fundraising services

total $0 · fundraising $0
11f · Fees: investment management

total $365 · program services $237 · management and general $128 · fundraising $0
11g · Fees: other

total $0 · program services $0 · management and general $0 · fundraising $0
12 · Advertising and promotion

total $3,863 · program services $3,284 · management and general $411 · fundraising $168
13 · Office expenses

total $6,732 · program services $5,722 · management and general $717 · fundraising $293
14 · Information technology

total $38,047 · program services $32,340 · management and general $5,707 · fundraising $0
15 · Royalties

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

total $135,371 · program services $114,348 · management and general $21,023 · fundraising $0
17 · Travel

total $0 · program services $0 · management and general $0 · fundraising $0
18 · Travel or entertainment for public officials

total $0 · program services $0 · management and general $0 · fundraising $0
19 · Conferences, conventions and meetings

total $7,454 · program services $6,157 · management and general $1,297 · fundraising $0
20 · Interest

total $18,282 · program services $11,883 · management and general $6,399 · fundraising $0
21 · Payments to affiliates

total $11,953 · program services $5,857 · management and general $4,184 · fundraising $1,912
22 · Depreciation, depletion and amortization

total $138,672 · program services $131,739 · management and general $6,933 · fundraising $0
23 · Insurance

total $26,809 · program services $25,469 · management and general $1,340 · fundraising $0
24a · Other expenses: PROGRAM SUPPLIES

total $111,188 · program services $96,900 · management and general $10,580 · fundraising $3,708
24b · Other expenses: EQUIPMENT REPAIR

total $16,256 · program services $16,256 · management and general $0 · fundraising $0
24c · Other expenses: MISCELLANEOUS EXPENSES

total $1,829 · program services $1,189 · management and general $640 · fundraising $0
24e · All other expenses

total $0 · program services $0 · management and general $0 · fundraising $0
26 · Joint costs (an allocation of the lines above)

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 $155,878 · end of year $41,112
2 · Savings and temporary cash investments

beginning of year $380,000 · end of year $397,662
3 · Pledges and grants receivable

beginning of year $0 · end of year $0
4 · Accounts receivable

beginning of year $6,949 · end of year $10,073
5 · Loans and receivables from officers and key people

beginning of year $0 · end of year $0
6 · Loans and receivables from disqualified persons

beginning of year $0 · end of year $0
7 · Other notes and loans receivable

beginning of year $0 · end of year $0
8 · Inventories for sale or use

beginning of year $0 · end of year $0
9 · Prepaid expenses and deferred charges

beginning of year $1,575 · end of year $5,756
10a · Land, buildings and equipment: cost or other basis

$6,393,290
10b · Land, buildings and equipment: accumulated depreciation

$2,260,418
10c · Land, buildings and equipment, net

beginning of year $1,474,604 · end of year $4,132,872
11 · Investments: publicly traded securities

beginning of year $0 · end of year $0
12 · Investments: other securities

beginning of year $412,384
13 · Investments: program-related

beginning of year $0
14 · Intangible assets

beginning of year $0 · end of year $0
15 · Other assets

beginning of year $3,152,197 · end of year $1,188,225
17 · Accounts payable and accrued expenses

beginning of year $37,437 · end of year $189,271
18 · Grants payable

beginning of year $0 · end of year $0
19 · Deferred revenue

beginning of year $3,036 · end of year $4,866
20 · Tax-exempt bond liabilities

beginning of year $0 · end of year $0
21 · Escrow or custodial account liability

beginning of year $0 · end of year $0
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
23 · Secured mortgages and notes payable

beginning of year $0 · end of year $45,837
24 · Unsecured notes and loans payable

beginning of year $0 · end of year $0
25 · Other liabilities

beginning of year $0 · end of year $0
27 · Net assets without donor restrictions

beginning of year $1,999,783 · end of year $4,456,980
28 · Net assets with donor restrictions

beginning of year $3,543,331 · end of year $1,078,746
29 · Capital stock, trust principal or current funds

beginning of year $0 · end of year $0
30 · Paid-in or capital surplus, or land, building or equipment fund

beginning of year $0 · end of year $0
31 · Retained earnings, endowment or other funds

beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

THE BARREN COUNTY FAMILY YMCA IS A CHARITABLE, SOCIAL SERVICE ORGANIZATION DEDICATED TO YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY. WITH A MISSION TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD A HEALTHY SPIRIT, MIND AND BODY FOR ALL, OUR IMPACT IS PROVEN WHEN A PERSON MAKES A HEALTHY CHOICE, WHEN A YMCA COACH INSPIRES A CHILD AND WHEN OUR COMMUNITY COMES TOGETHER FOR THE COMMON GOOD OF ALL. YMCA PROGRAMS FOCUS ON FOUR CORE CHARACTER VALUES-CARING, HONESTY, RESPECT AND RESPONSIBILITY. WE SERVE MEN, WOMEN, AND CHILDREN OF ALL AGES, RACES, ABILITIES, INCOMES, AND RELIGIONS. EVERYONE IS WELCOME AT OUR YMCA, REGARDLESS OF THEIR ABILITY TO PAY. THE YMCA IS FOUNDED AND LED BY VOLUNTEERS THAT GUIDE US IN IDENTIFYING NEEDS WITHIN OUR COMMUNITY AND HELP FORM STRATEGIES TO RESPOND SO THAT THE ENTIRE COMMUNITY BENEFITS FROM OUR EFFORTS.

Activities or mission (Part I)

TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD A HEALTHY SPIRIT, MIND AND BODY FOR ALL.

YOUTH DEVELOPMENT/CHILD CARE/SUMMER DAY CAMP/AFTER SCHOOL: THE YMCA OFFERS STATE-LICENSED, QUALITY CHILDCARE ACTIVITIES FOR PRESCHOOL AND SCHOOL-AGE CHILDREN, RANGING IN AGE FROM FOUR YEARS TO TWELVE YEARS, FROM ALL SEGMENTS OF OUR COMMUNITY. WE OFFER A VARIETY OF CHILDCARE PROGRAM OPTIONS ON A FULL AND PART-TIME BASIS IN A SAFE AND NURTURING ENVIRONMENT. OUR PROGRAMS ARE DEVELOPED WITH AN EMPHASIS ON BUILDING SELF-ESTEEM, MORAL VALUES, AND LEADERSHIP SKILLS WHILE INTEGRATING ENHANCEMENT IN THE AREAS OF SOCIO-EMOTIONAL LEARNING, COGNITIVE SKILLS, AND PHYSICAL DEVELOPMENT. OUR PROGRAMS ARE BASED UPON YEARS OF RESEARCH IN THE FIELD OF CHILD DEVELOPMENT AND ARE DESIGNED TO MEET THE INDIVIDUAL NEEDS OF THE CHILD AND THE FAMILY AS A WHOLE. PROVIDING HIGH-QUALITY CHILD CARE IS CENTRAL TO THE YMCA'S MISSION. WOVEN INTO THE FABRIC OF MISSION AND HIGH-QUALITY CHILD CARE IS A COMMITMENT TO STRENGTHENING FAMILIES. WE RECOGNIZE A GROWING NUMBER OF FAMILIES FROM EVERY SOCIOECONOMIC LEVEL ARE IN NEED. THE STRESS AND STRAIN OF BALANCING WORK AND FAMILY ARE BECOMING DIFFICULT TO HANDLE. THE YMCA ASSISTS IN REDUCING THIS BURDEN THROUGH THE PROVISION OF ASSISTANCE FOR CHILD CARE SERVICES THROUGH YMCA FUNDRAISING AND STATE ASSISTANCE. THE CENTRAL FOCUS OF ALL YMCA PRESCHOOL AND SCHOOL-AGE CHILDCARE PROGRAMS IS TO FOSTER GROWTH AND DEVELOPMENT, NOT ONLY IN CHILDREN BY ALSO IN THEIR PARENTS AND FAMILIES. ACCORDINGLY, PARENTS PLAY AN IMPORTANT ROLE IN POLICY AND PROGRAM DECISIONS. THE YMCA CHILD CARE CURRICULUM HELPS CHILDREN DEVELOP MORAL AND ETHICAL BEHAVIOR, SELF-ESTEEM, AND LEADERSHIP. YMCA CHILD CARE ALLOWS PARENTS TO REMAIN GAINFULLY EMPLOYED, KNOWING THAT THEIR CHILDREN ARE THRIVING IN A SAFE, SUPPORTIVE ENVIRONMENT. YMCA FINANCIAL ASSISTANCE POLICIES HELP ENSURE THAT THE YMCA IS A PLACE WHERE CHILDREN OF ALL ECONOMIC LEVELS, FROM THE AFFLUENT TO THE DISADVANTAGED, RECEIVE THE SAME QUALITY CARE IN THE SAME SETTING. THE YMCA DAY CAMP PROGRAM OFFERS BOTH A RECREATIONAL AND LASTING EXPERIENCE OF PERSONAL ENRICHMENT. THE PROGRAM IS TO HELP CAMPERS BE AWARE OF THEIR ENVIRONMENT AND IMPROVE FITNESS. IT IS ALSO STRUCTURED TO HELP YOUNGSTERS LEARN THE VALUE OF COOPERATION AND GAIN CONFIDENCE TO CHALLENGE THEMSELVES TO ACHIEVE PERSONAL GROWTH. THE MAJORITY OF OUR CAMPERS COME FROM SINGLE-PARENT OR DUAL-WORKING-PARENT HOMES. THE YMCA PROVIDES A SAFE, CLEAN ENVIRONMENT AND QUALITY PROGRAMS IN WHICH CHILDREN CAN SPEND SUMMER DAYS. WE OFFER A VALUABLE ALTERNATIVE TO CHILDREN STAYING HOME ALONE WITH FLEXIBLE HOURS THAT ARE CONDUCIVE TO WORKING PARENTS AND GUARDIANS (6:00 AM - 6:00 PM). CURRENTLY, WE PROVIDE HIGH-QUALITY SCHOOL-AGE CHILDCARE CAMPS TO 250 CHILDREN AND AFTER-SCHOOL CARE TO 165 CHILDREN AGES 3 to 12.

Expenses $255,241 · Grants $121,190 · Revenue $162,616
HEALTHY LIVING/MEMBERSHIP - THE BARREN COUNTY FAMILY YMCA IS A CHARITABLE, SOCIAL SERVICE ORGANIZATION DEDICATED TO YOUTH DEVELOPMENT, HEALTHY LIVING, AND SOCIAL RESPONSIBILITY. OUR IMPACT IS PROVEN WHEN A PERSON MAKES A HEALTHY CHOICE, WHEN A YMCA COACH INSPIRES A CHILD, AND WHEN OUR COMMUNITY COMES TOGETHER FOR THE COMMON GOOD OF ALL. OUR MISSION COMES ALIVE THROUGH PROGRAMS THAT HELP PEOPLE APPRECIATE DIVERSITY, BECOME BETTER LEADERS AND SUPPORTERS, DEVELOP LEADERSHIP SKILLS, AND HAVE FUN WITH OTHERS AND LEARN FROM THEM. YMCA PROGRAMS FOCUS ON FOUR CORE CHARACTERISTICS: VALUES-CARING, HONESTY, RESPECT, AND RESPONSIBILITY. WE SERVE MEN, WOMEN, AND CHILDREN OF ALL AGES, RACES, ABILITIES, INCOMES, AND RELIGIONS. EVERYONE IS WELCOME AT OUR YMCA, REGARDLESS OF THEIR ABILITY TO PAY. THE YMCA IS FOUNDED AND LED BY VOLUNTEERS THAT GUIDE US IN IDENTIFYING NEEDS WITHIN OUR COMMUNITY AND HELP FORM STRATEGIES TO RESPOND SO THAT THE ENTIRE COMMUNITY BENEFITS FROM OUR EFFORTS. OUR PROGRAMS ACHIEVE THESE PURPOSES IN THE FOLLOWING WAYS: OVER 6,200 INDIVIDUALS WERE MEMBERS OF OUR YMCA in 2023.

Expenses $135,370 · Revenue $495,341
SOCIAL RESPONSIBILITY/AQUATIC PROGRAM - THE YMCA PROVIDES WATER EDUCATION INSTRUCTION TO PROMOTE WATER SAFETY AND DROWNING PREVENTION FOR INFANTS SIX MONTHS OF AGE THROUGH SENIOR CITIZENS. OVER 100 COMMUNITY AGENCIES, CHURCHES, AND SCHOOLS USE THE YMCA POOL, AND THOUSANDS OF DOLLARS IN FREE SERVICES ARE PROVIDED. OVER 1,000 YOUTH RECEIVED FREE SWIM LESSON INSTRUCTION AND PARTICIPATED IN WATER SAFETY INSTRUCTION IN 2023. INSTRUCTIONAL CLASSES INCLUDE INFANT, PROGRESSIVE, AND ADULT CLASSES. THE YMCA TAUGHT 184 YOUTH TO SWIM IN 2023. YMCA PROVIDES AMERICAN RED CROSS-CERTIFIED LIFE-GUARDING TRAINING, CPR, AND FIRST AID CERTIFICATIONS. RECREATIONAL OPPORTUNITIES SUCH AS FAMILY SWIM PARTIES AND PARENT'S NIGHT OUT LET FAMILIES RELAX AND ENJOY EACH OTHER. YMCA FAMILY LIFE PROGRAMS, SUCH AS THE YMCA SQUIZ TEAM, HELP INDIVIDUALS GROW AS RESPONSIBLE MEMBERS OF THEIR FAMILIES. YMCA AQUATICS PROGRAMS PROVIDE CHILDREN AND THEIR PARENTS WITH ACTIVITIES THAT FOSTER UNDERSTANDING AND COMPANIONSHIP. PARENTS HAVE THE OPPORTUNITY TO LEARN FROM EACH OTHER AND THEIR CHILDREN IN AN ENJOYABLE WAY. OVER 100 ADULTS PARTICIPATED IN OUR AQUATICS EXERCISE PROGRAMS. THESE PROGRAMS ARE BENEFICIAL FOR INCREASED JOINT FLEXIBILITY, MUSCLE STRENGTH, AND BALANCE THROUGH A STRONGER CORE. NOT ONLY DO THE YMCA AQUATICS PROGRAMS ENHANCE PHYSICAL WELL-BEING, BUT ALSO MENTAL WELL-BEING, AS WELL AS PROMOTE SOCIAL INTERACTION.

Expenses $110,624 · Revenue $30,864

As filed on the 2023 return.

Listed in Part VII

Corey Jackson

President

Total calculated

$0

Hours/week

3
Cynthia York

Secretary

Total calculated

$0

Hours/week

1
Dennis Mitchell

Vice President

Total calculated

$0

Hours/week

1
Ervin Sorrell

Treasurer

Total calculated

$0

Hours/week

1
Barret Lessenberry

Director

Total calculated

$0

Hours/week

0.3
Barrett Metzger

Director

Total calculated

$0

Hours/week

0.3
Kylie Foushee

Director

Total calculated

$0

Hours/week

0.3
Michael Davis

Director

Total calculated

$0

Hours/week

0.3
Neil Thornbury

Director

Total calculated

$0

Hours/week

0.3
Terry Bunnell

Director

Total calculated

$0

Hours/week

0.3
Thomas Davis

Director

Total calculated

$0

Hours/week

0.3
Tara M Bailey

CEO

Total calculated

$72,298

From this org

$69,924

From related orgs

$0

Other

$2,374

Hours/week

50

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.

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.

BARREN COUNTY FAMILY YMCA FOUNDATION INC 26-2234605

501(c)(3) · TO ENSURE THE EXISTENCE OF THE BARREN COUNTY FAMILY YMCA · KY · controlled entity

Directly controlled by NA

Provenance

Return type: form_990
Tax year: 2023
Filed: 15 November 2024
IRS schema version: 2023v5.1
Source object: 202443199349319014

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