Page 14 - 2024 Tampa Metropolitan Area YMCA Annual Report

FINANCIAL SUMMARY
The Y’s meaningful work is possible thanks to a strong financial foundation. The
following summary shows our financial performance and overall stability in 2024.
STATEMENT OF ACTIVITIES
Revenue and Support Un-Audited
Contributions, Public Support & Grant Revenue Membership Dues and Program Fees 8,982,544
35,015,275
Other Revenues 870,463
Total Revenue and Support 44,868,282
Program Expenses
Adult Wellness 7,084,712
Childcare and Family 23,237,364
Comprehensive Youth Development 6,403,034
Total Program Expenses 36,725,110
Supporting Services
Management and General 4,479,492
Fundraising 795,176
Total Supporting Services 5,274,668
Depreciation/Amortization Expense 3,649,246
Net From Operations (780,742)
Non-Operating Adjustments
Investment Gain/Loss 1,631,974
Capital Campaign activity - net 8,122,371
Change in Net Assets 8,973,603
STATEMENT OF FINANCIAL POSITION
Assets
Current Assets 15,544,741
Investments 11,325,917
Property, Plant and Equipment 44,565,328
Total Assets 71,435,986
Liabilities and Net Assets
Current Liabilities 4,860,942
Long Term Liabilities 10,184,061
Total Liabilities 15,045,003
Net Assets 56,390,983
Total Liabilities and Net Assets 71,435,986
13 | TAMPA METROPOLITAN AREA YMCA | ANNUAL REPORT 2024