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Education : Youth Education Programs and Services

Year Up

Empowering young adults to reach their potential.

four stars

94.28

45 Milk Street 9th Floor
Boston, MA 02109
tel: (855) 932-7871   Web Site
EIN: 04-3534407

Board Leadership
Paul Salem
Chair

CEO
Gerald Chertavian
CEO, Founder

  Score
(out of 100)
Rating
Overall Score & Rating 94.28 four stars
  Financial 92.97 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 04/01/2017 and includes data from FY2015, the most recent 990 received at that time.

Year Up is an award-winning national 501(c)3 organization striving to close the Opportunity Divide by providing young adults ages 18-24 with the skills, experience, and support that will empower them to reach their potential through professional careers and higher education. Through a one-year intensive program, Year Up utilizes a high support, high expectations model that combines hands-on technical and professional skills, educational stipends, college-level coursework, and corporate internships at more than 250 top companies. Its holistic approach focuses on students' professional and personal development to place talented and motivated young adults on a viable path to economic self-sufficiency.

Year Up has served more than 19,500 young adults since its founding in 2000, and will serve more than 4,000 young adults in 2018 nationwide. Year Up currently serves 21 U.S. cities, including Atlanta, Baltimore, Boston, Chicago, Dallas, Jacksonville, LA, Miami, New York, and San Francisco.

Year Up is an award-winning national 501(c)3 organization striving to close the Opportunity Divide by providing young adults ages 18-24 with the skills, experience, and support that will empower them to reach their potential through professional careers and higher education. Through a one-year intensive program, Year Up utilizes a high support, high expectations model that combines hands-on technical and professional skills, educational stipends, college-level coursework, and corporate internships at more than 250 top companies. Its holistic approach focuses on students' professional and personal development to place talented and motivated young adults on a viable path to economic self-sufficiency.

Year Up has served more than 19,500 young adults since its founding in 2000, and will serve more than 4,000 young adults in 2018 nationwide. Year Up currently serves 21 U.S. cities, including Atlanta, Baltimore, Boston, Chicago, Dallas, Jacksonville, LA, Miami, New York, and San Francisco.

Financial

four stars

92.97

Accountability & Transparency

four stars

96.00

This rating was published 04/01/2017 and includes data from FY2015, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
77.9%
  Administrative Expenses 14.5%
  Fundraising Expenses 7.4%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 1.15
  Program Expenses Growth 20.1%
  Liabilities to Assets 19.2%
All data for Financial Performance Metrics calculations was provided by Year Up on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Year Up on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Year Up (MA) 94.28 four stars
Chicago Scholars Foundation (IL) 90.40 four stars
Enactus (MO) 85.32 three stars
Rainier Scholars (WA) 93.43 four stars
Bottom Line (MA) 88.89 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $64,136,581
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $949,395
   Related Organizations $0
   Government Grants $2,149,928
Total Contributions $67,235,904
   Program Service Revenue $41,676,771
Total Primary Revenue $108,912,675
   Other Revenue $4,952,724
TOTAL REVENUE $113,865,399
   
EXPENSES  
   Program Expenses $65,889,174
   Administrative Expenses $14,264,487
   Fundraising Expenses $6,127,961
TOTAL FUNCTIONAL EXPENSES $86,281,622
   
Payments to Affiliates $0
Excess (or Deficit) for the year $27,583,777
   
Net Assets $82,379,175

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History
Year Up has received 11 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-12 04/01/2017 94.28 four stars
2014-12 06/01/2016 93.10 four stars
 
CN 2.0
2014-12 12/22/2015 94.18 four stars
2013-12 06/01/2015 96.83 four stars
2012-12 12/01/2013 95.25 four stars
2011-12 06/01/2013 99.08 four stars
2010-12 03/01/2012 94.25 four stars
2009-12 09/20/2011 94.18 four stars
 
CN 1.0
2009-12 02/01/2011 95.68 four stars
2008-12 12/01/2009 98.22 four stars
2007-12 04/01/2009 97.85 four stars
2006-12 07/01/2008 98.08 four stars
2005-12 05/01/2007 99.04 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 04-3534407
Name in IRS Master File YEAR UP INC
NTEE Code B41
NTEE Classification Community or Junior Colleges
NTEE Type Educational Institutions and Related Activities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status School 170(b)(1)(A)(ii)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 2001
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012
  • December, 2011

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$274,997 0.31% Gerald Chertavian Chief Executive Officer
Other Salaries of Note
$34,124 0.03% Garrett Moran President

Highly Rated

Charity Name & State Overall Score Overall Rating
Year Up (MA) 94.28 four stars
Teach For America (NY) 91.01 four stars
The Shawn Carter Foundation (FL) 93.16 four stars
New Door Ventures (CA) 89.81 three stars
OneGoal (IL) 90.07 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Year Up
45 Milk Street
9th Floor
Boston, MA 02109
tel: (855) 932-7871
EIN: 04-3534407

Visit Web Site

Board Leadership

Paul Salem
Chair

CEO

Gerald Chertavian
CEO, Founder

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