YMCA of Yarmouth
Yarmouth, NS B5A 4B1
CEO: Yvonne Smith
Board Chair: Chris Perry
Charitable Reg. #: 10822 7505 RR0001
Grade: DThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Full-time staff #8
Avg. Compensation $26,301
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||0|
About YMCA of Yarmouth:
Founded in 1905, the YMCA of Yarmouth is dedicated to the lifelong enrichment of its community by fostering the growth and development of people in body, mind, and spirit. The YMCA operates a fitness center in Yarmouth, Nova Scotia, which is open to all for a membership fee. The facilities include a weight room, 8 treadmills, 2 stretching areas, and 14 spin bikes, among others.
The centre offers fitness classes, including swimming, yoga, and boot camp, among others. It also runs programs for youth, including parent/tot swim, an indoor playground, basketball, and hockey. Additionally, the YMCA of Yarmouth funds Camp Wapomeo for youth.
NOTE: Due to a low level of donations for this charity, we have not updated this charity report, letting it go stale. If you would like Charity Intelligence to update this report, please contact us.
Fundraising costs are 5% of donations and administrative costs are 27% of revenue. The charity has funding reserves of $149k (including $11k of donor-endowed funds), which cover 30% of annual program costs. The YMCA had significant capital expenditures of $1.1m in F2011, due primarily to purchase of facilities. The auditors have indicated that the charity’s circumstances (operating losses and a negative operating fund in recent years) cast significant doubt upon the organization’s ability to continue as a going concern.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||26.7%||20.6%||38.1%|
|Fundraising costs as % of donations||4.6%||0.1%||2.3%|
|Program cost coverage (%)||29.8%||19.3%||129.4%|
Summary Financial StatementsAll figures in $s
|Fees for service||390,500||356,625||390,828|
|Business activities (net)||1,692||1,410||1,453|
|Cash flow from operations||(21,679)||796,057||122,697|