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Education : Youth Education Programs and Services

Year Up

Empowering young adults to move from minimum wage to meaningful careers

four stars

91.95

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

Board Leadership
Paul Salem
Chairman

CEO
Gerald Chertavian
CEO, Founder

  Score
(out of 100)
Rating
Overall Score & Rating 91.95 four stars
  Financial 88.62 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 08/01/2020 and includes data from FY2019, the most recent 990 received at that time.

Year Up is a national 501(c)3 nonprofit organization founded to offer all young adults-no matter their background, income, or zip code-access to economic opportunity and social justice. Our mission is to close the Opportunity Divide by ensuring that young adults gain the skills, experiences, and support that will empower them to reach their potential through careers and higher education. The Opportunity Divide is the vast gap between talented young adults who have been traditionally been overlooked and underserved, and leading companies seeking diverse talent to fill critical middle-skills roles. Year Up achieves its mission through three interconnected strategies: direct service for students and alumni, empowering others to serve and support young adults, and changing systems that perpetuate the Opportunity Divide.

Year Up is a national 501(c)3 nonprofit organization founded to offer all young adults-no matter their background, income, or zip code-access to economic opportunity and social justice. Our mission is to close the Opportunity Divide by ensuring that young adults gain the skills, experiences, and support that will empower them to reach their potential through careers and higher education. The Opportunity Divide is the vast gap between talented young adults who have been traditionally been overlooked and underserved, and leading companies seeking diverse talent to fill critical middle-skills roles. Year Up achieves its mission through three interconnected strategies: direct service for students and alumni, empowering others to serve and support young adults, and changing systems that perpetuate the Opportunity Divide.

Impact Information

GuideStar is Charity Navigator's trusted partner in sharing information on how this organization seeks impact.  GuideStar has recognized this organization with a Platinum Seal of Transparency for voluntarily and publicly sharing information about how they measure their progress and results.  Learn More about Impact Information.
Reported Results
Total in 2018
Number of clients served
4,000
This impact information is current as of March 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

88.62

Accountability & Transparency

four stars

100.00

This rating was published 08/01/2020 and includes data from FY2019, 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)
80.2%
  Administrative Expenses 13.2%
  Fundraising Expenses 6.5%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 0.65
  Program Expenses Growth 22.4%
  Liabilities to Assets 21.2%
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) 91.95 four stars
The Opportunity Network (NY) 89.86 three stars
Educando by Worldfund (DC) 90.28 four stars
College Possible (MN) 91.28 four stars
Put On The BRAKES, B.R.A.K.E.S. (NC) 85.55 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $87,045,883
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $364,623
   Related Organizations $0
   Government Grants $1,098,041
Total Contributions $88,508,547
   Program Service Revenue $82,341,849
Total Primary Revenue $170,850,396
   Other Revenue $1,897,940
TOTAL REVENUE $172,748,336
   
EXPENSES  
   Program Expenses $141,394,710
   Administrative Expenses $18,772,828
   Fundraising Expenses $10,343,336
TOTAL FUNCTIONAL EXPENSES $170,510,874
   
Payments to Affiliates $0
Excess (or Deficit) for the year $2,237,462
   
Net Assets $96,955,339

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

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 08/01/2020 91.95 four stars
2018-12 11/01/2019 89.10 three stars
2017-12 03/01/2019 90.18 four stars
2016-12 02/01/2018 90.92 four stars
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, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$524,037 0.30% Gerald Chertavian Chief Executive Officer
Other Salaries of Note
$282,692 0.16% Cyril Turner President
$15,526 0.00% Garret Moran Former President

Highly Rated

Charity Name & State Overall Score Overall Rating
Year Up (MA) 91.95 four stars
GreatSchools (CA) 86.76 three stars
OneGoal (IL) 91.21 four stars
The Shawn Carter Foundation (FL) 85.81 three stars
Teach For America (NY) 87.77 three 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
Chairman

CEO

Gerald Chertavian
CEO, Founder

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