Upturn INC FY2022 filing

Tax-deductible

Washington, DC501(c)(3)EIN 81-4574412Revenue $3.8M in FY2022

On file with the IRSupturn.org1653 Columbia Rd Nw Pmb358680 17, 20009-0000 · Washington, DCTax-exempt since Sep 2017Publicly supported charity — 170(b)(1)(A)(vi)

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Upturn advances equity and justice in the design, governance, and use of technology.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$800K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $486K a year · 21% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$800K
to officers and key staff · 45% of spending
Concern: pay to officers and key staff is 45% of spending; over 30%.
Pt VII · Sec A
Cash reserves
18 mo
of spending, in cash
Looks good: 18.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $3.4M
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$56K
0.9% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.8M
+40% vs prior year
Spent
$1.8M
To programs
88%
Net assets
$6.3M
By yearFY2020–FY2024
Revenue
$3.8M
FY2022▲ +40%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.3M
FY2021$2.7M
FY2022$3.8M
FY2023$828K
FY2024$3.2M
Expenses
$1.8M
FY2022▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.5M
FY2021$1.7M
FY2022$1.8M
FY2023$2.0M
FY2024$2.3M
Net assets
$6.3M
FY2022▲ +46%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.3M
FY2021$4.3M
FY2022$6.3M
FY2023$5.1M
FY2024$6.0M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $1.6M Management & general 11% · $195K Fundraising 1% · $11K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $800K paid to officers and key staff.

Part VII, Section A · reportable compensation
President and Executive Director
$194,365Pt VII · Sec A
Senior Quantitative Analyst
$152,260Pt VII · Sec A
Project Director
$118,585Pt VII · Sec A
Project Director
$118,435Pt VII · Sec A
Project Director
$110,875Pt VII · Sec A
Senior Project Director
$105,219Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Harlan Yu$191,434$192,944$194,365$187,136$189,937
Amber Piatt$192,157————
Aaron Rieke———$177,489$176,087
Mitra Ebadolahi$139,597$158,035$105,219——
Mingwei Hsu$154,275$155,785$152,260$148,950$127,885
John Logan Koepke$125,525$122,035$118,435$130,091$111,750
Natasha Duarte$125,525$122,035$118,585$114,813—
Emily Paul—$117,705$110,875——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes equity and justice in technology's design, governance, and use.

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Provided by the organization

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1 program · $1.6M · in their own filed words · FY2022
01

Upturn believes technology should advance justice, not amplify racial and economic inequities. We drive policy change through rigorous research, legal and policy advocacy, and timely collaborations.

$1.6Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$3.8M
Ln 12
Gifts and grantsLn 1h$3.8M
Fees for servicesLn 2g$11K
Other incomeLn 4–11$4K
Money outPt IX
$1.8M
Ln 25
Programscol B$1.6M
Managementcol C$195K
Fundraisingcol D$11K
Owns and owesPt X
$6.3M
net assets · Ln 32
Cash and savingsLn 1–2$2.7M
Total assetsLn 16$6.4M
LiabilitiesLn 26$56K
PeoplePt VI, VII
9
listed · VII A
PaidVII A6
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.8M
Fees for servicesLn 2g$11K
Investment incomeLn 3$2K
Other incomeLn 4–11$4K
Total revenueLn 12$3.8M
Assets in detailPt X, end of year
CashLn 1$906K
SavingsLn 2$1.8M
Cash and savings togetherLn 1–2$2.7M
Other assetsLn 15$7K
Total assetsLn 16$6.4M
LiabilitiesLn 26$56K
Net assetsLn 32$6.3M
OperationsPt I, VI
EmployeesI 511
VolunteersI 62
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$3.2M$2.7M
Total assetsLn 16$4.4M$6.4M
LiabilitiesLn 26$70K$56K
Net assetsLn 32$4.3M$6.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$220K$132K$79K$10K
Other salaries and wagesLn 7$1.0M$1.0M$543
Pension plan contributionsLn 8$103K$103K$108
Other employee benefitsLn 9$96K$92K$3K$353
Payroll taxesLn 10$105K$99K$6K$715
Legal feesLn 11b$11K$11K
Accounting feesLn 11c$54K$54K
Other fees for servicesLn 11g$31K$31K
Office expensesLn 13$16K$888$15K
Information technologyLn 14$14K$670$13K
OccupancyLn 16$42K$39K$2K$285
TravelLn 17$16K$16K
Conferences, conventions and meetingsLn 19$11K$6K$5K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$16K$13K$3K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$1.8M$1.6M$195K$11K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.2M$2.3M$858K$6.0M 990 PDF
FY2023 $828K$2.0M−$1.2M$5.1M 990 PDF
FY2022 Viewing $3.8M$1.8M$2.0M$6.3M 990 PDF
FY2021 $2.7M$1.7M$988K$4.3M 990 PDF
FY2020 $1.3M$1.5M−$248K$3.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $3,778,152 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,653,344$3,761,223
I-9 Program service revenuePrior year $39,650$11,288
I-10 Investment incomePrior year $3,136$1,860
I-11 Other revenuePrior year $0$3,781
I-12 Total revenuePrior year $2,696,130$3,778,152
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,493,239$1,566,915
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $215,143$214,479
I-18 Total expensesPrior year $1,708,382$1,781,394
I-19 Revenue less expensesPrior year $987,748$1,996,758
Part VI · Governance 3 of 4 board members independent, no flags
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,778,152 across 6 lines filed
VIII-1f All other contributions, gifts and grants$3,761,223
VIII-1h Total contributions, gifts and grants$3,761,223
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,288$11,288
VIII-3 Investment incomeExcluded from tax $1,860$1,860
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $3,781$3,781
VIII-12 Total revenueRelated to mission $11,288 · Unrelated business $0 · Excluded from tax $5,641$3,778,152
Part IX · Statement of functional expenses $1,781,394 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $132,224 · Management $78,564 · Fundraising $9,585$220,373
IX-7 Other salaries and wagesPrograms $1,041,708 · Management $543$1,042,251
IX-8 Pension plan contributionsPrograms $103,124 · Management $108$103,232
IX-9 Other employee benefitsPrograms $92,108 · Management $3,386 · Fundraising $353$95,847
IX-10 Payroll taxesPrograms $98,551 · Management $5,946 · Fundraising $715$105,212
IX-11b Legal feesManagement $11,052$11,052
IX-11c Accounting feesManagement $54,419$54,419
IX-11g Other fees for servicesPrograms $31,035$31,035
IX-13 Office expensesPrograms $888 · Management $15,257$16,145
IX-14 Information technologyPrograms $670 · Management $13,386$14,056
IX-16 OccupancyPrograms $39,404 · Management $2,377 · Fundraising $285$42,066
IX-17 TravelPrograms $16,275$16,275
IX-19 Conferences, conventions and meetingsPrograms $5,801 · Management $4,871$10,672
IX-23 InsuranceManagement $1,979$1,979
IX-24 Other expenses (24a–d)Programs $13,003 · Management $2,777$15,780
IX-24e All other expensesPrograms $1,000$1,000
IX-25 Total functional expensesPrograms $1,575,791 · Management $194,665 · Fundraising $10,938$1,781,394
Part X · Balance sheet $6,352,640 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $659,174$905,919
X-2 Savings and temporary cash investmentsStart of year $2,501,325$1,804,547
X-3 Pledges and grants receivableStart of year $1,167,739$3,608,962
X-4 Accounts receivableStart of year $34,067$12,288
X-9 Prepaid expenses and deferred chargesStart of year $5,663$13,812
X-15 Other assetsStart of year $1,500$7,112
X-16 Total assetsStart of year $4,369,468$6,352,640
X-17 Accounts payable and accrued expensesStart of year $70,084$56,498
X-26 Total liabilitiesStart of year $70,084$56,498
X-27 Net assets without donor restrictionsStart of year $1,559,674$1,706,289
X-28 Net assets with donor restrictionsStart of year $2,739,710$4,589,853
X-32 Total net assets or fund balancesStart of year $4,299,384$6,296,142
X-33 Total liabilities and net assetsStart of year $4,369,468$6,352,640
Part XI · Reconciliation of net assets $6,296,142 net assets at year end
XI-1 Total revenue$3,778,152
XI-2 Total expenses$1,781,394
XI-3 Revenue less expenses$1,996,758
XI-4 Net assets at start of year$4,299,384
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$6,296,142

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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