Page 19 - 2024 YMCA of the Suncoast Annual Report

2024 FINANCIAL IMPACT
The Y’s meaningful work is possible thanks to a strong financial foundation. The following
summary captures the hard work done by everyone on the YMCA of the Suncoast team.
STATEMENT OF ACTIVITIES
Revenue and Support Un-Audited
Contributions, Public Support & Grant Revenue Membership Dues and Program Fees 4,273,500
21,972,400
Other Revenues 217,500
Total Revenue and Support 26,463,400
Program Expenses
Adult Wellness 10,310,300
School Age Care 7,995,200
Comprehensive Youth Development 4,225,500
Total Program Expenses 22,531,000
Supporting Services
Management and General 3,508,800
Fundraising 707,500
Total Supporting Services 4,216,300
Change in Net Assets from Operations before depreciation and amortization (283,900)
Depreciation/Amortization Expense 1,788,200
Net From Operations (2,072,100)
Non-Operating Adjustments
Investment return & Interest income Contributions and grants for acquisition of capital assets 1,154,500
3,023,600
Contributions to endowment 233,000
Change in Net Assets 2,339,000
STATEMENT OF FINANCIAL POSITION
Assets
Current Assets 9,613,000
Investments 15,232,000
Property, Plant and Equipment 23,185,300
Other Assets 811,500
Total Assets 48,841,800
Liabilities and Net Assets
Current Liabilities 2,537,300
Long Term Liabilities 206,500
Total Liabilities 2,743,800
Net Assets 46,098,000
Total Liabilities and Net Assets 48,841,800
OUR COMMITMENT TO COMMUNITY | 18