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.
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

Charts

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

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) 94.28 four stars
Institute for Humane Studies (VA) 86.01 three stars
OneGoal (IL) 90.07 four stars
Bottom Line (MA) 88.89 three stars
The Shawn Carter Foundation (FL) 93.16 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