Education : Youth Education Programs and Services

Year Up

Empowering young adults to move from minimum wage to meaningful careers

94.30

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
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 94.30
  Financial 91.95
  Accountability & Transparency 100.00
This rating was published 11/01/2021 and includes data from FY2020, 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 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 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.

Financial

91.95

Accountability & Transparency

100.00

This rating was published 11/01/2021 and includes data from FY2020, 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)
83.1%
  Administrative Expenses 10.7%
  Fundraising Expenses 6.1%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 0.69
  Program Expenses Growth 11.7%
  Liabilities to Assets 16.4%
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.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $76,740,121
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $1,261,270
Total Contributions $78,001,391
   Program Service Revenue $87,568,731
Total Primary Revenue $165,570,122
   Other Revenue $840,875
TOTAL REVENUE $166,410,997
   
EXPENSES  
   Program Expenses $128,431,898
   Administrative Expenses $17,164,543
   Fundraising Expenses $8,720,700
TOTAL FUNCTIONAL EXPENSES $154,317,141
   
Payments to Affiliates $0
Excess (or Deficit) for the year $12,093,856
   
Net Assets $109,827,114

Charts

Compensation % of Expenses Paid to Title
$422,018 0.27% Gerald Chertavian Chief Executive Officer

Mission

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 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.

Highly Rated

Charity Name & State Overall Score Overall Rating
Year Up (MA) 94.30
Progressive Agriculture Foundation (AL) 88.79
New Door Ventures (CA) 90.49
Khan Academy (CA) 96.66
The Opportunity Network (NY) 93.10

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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
Chief Executive Officer