Education : Youth Education Programs and Services

Year Up

Empowering young adults to reach their potential.

four stars

90.92

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 90.92 four stars
  Financial 87.17 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 02/01/2018 and includes data from FY2016, 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.

Results Information

Reported Results
Total in 2016
Number of clients served
2,499
Number of clients who complete job skills training
1,848
Average hourly wage of clients who became employed after job skills training
19
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This results data is current as of November 2017, when it was provided to us by GuideStar. Results information published on this organization's rating page has no effect on its rating at this time. data iconLearn More

Financial

three stars

87.17

Accountability & Transparency

four stars

100.00

This rating was published 02/01/2018 and includes data from FY2016, 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)
75.1%
  Administrative Expenses 17.5%
  Fundraising Expenses 7.3%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 0.95
  Program Expenses Growth 18.9%
  Liabilities to Assets 19.8%
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 $57,254,923
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $996,394
   Related Organizations $0
   Government Grants $724,880
Total Contributions $58,976,197
   Program Service Revenue $46,289,908
Total Primary Revenue $105,266,105
   Other Revenue $441,545
TOTAL REVENUE $105,707,650
   
EXPENSES  
   Program Expenses $77,012,501
   Administrative Expenses $21,985,142
   Fundraising Expenses $7,817,924
TOTAL FUNCTIONAL EXPENSES $106,815,567
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,107,917
   
Net Assets $84,166,212

Charts

Compensation % of Expenses Paid to Title
$388,368 0.36% Gerald Chertavian Chief Executive Officer
Other Salaries of Note
$35,100 0.03% Garrett Moran President

Mission

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
Year Up (MA) 90.92 four stars
The Shawn Carter Foundation (FL) 93.16 four stars
Students Rising Above (CA) 90.36 four stars
Center for Excellence in Education (VA) 93.35 four stars
Rainier Scholars (WA) 93.43 four stars

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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
Chair

CEO

Gerald Chertavian
CEO, Founder