Upward Bound House FY2020 filing

Tax-deductible

Santa Monica, CA501(c)(3)Since 1991UnclassifiedEIN 95-4288926

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Moving homeless families with children back into permanent housing

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$200K 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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FY2020 · 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
4 of 5
filings with a surplus
Average surplus $755K a year · 9% of revenue · last 5 filings
Fine: a surplus in 4 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
$200K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 10.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
35
named funders · $1.2M
Looks good: 35 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2.4M
20% of total assets
Looks good: liabilities are 20% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.9M
Spent
$5.8M
To programs
88%
Net assets
$9.5M
By yearFY2020–FY2024
Revenue
$7.9M
FY2020
Revenue by fiscal year
FY2020$7.9M
FY2021$6.8M
FY2022$7.0M
FY2023$9.0M
FY2024$9.7M
Expenses
$5.8M
FY2020
Expenses by fiscal year
FY2020$5.8M
FY2021$6.1M
FY2022$6.6M
FY2023$8.5M
FY2024$9.8M
Net assets
$9.5M
FY2020
Net assets by fiscal year
FY2020$9.5M
FY2021$10.3M
FY2022$10.7M
FY2023$11.3M
FY2024$11.3M

From the FY2020 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 Jul 1995.

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% · $5.1M Management & general 6% · $341K Fundraising 6% · $334K

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

19 people listed on the 990; $200K paid to officers and key staff.

Part VII, Section A · reportable compensation
$199,664Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Christine Mirasy-Glasco$249,217$228,431$209,455$194,823$199,664
Tara Brown$135,030$118,238$111,679——
Eric Sarkisyan$51,141————

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

Helps homeless families with children find and move into permanent homes.

Provided by the organization

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3 program services account for $5.1M of program spending, described in the organization's own filed words · FY2020.
01

Transitional Age Youth ("tay") Program

The program is a comprehensive residential program that serves pregnant AND/OR parenting tay between the ages of 18 and 24 and their children for up to 36 months. The program, operated out of two program sites in south L.A., supports and facilitates parenting skills, child development, education, employment and permanent housing goals…

$2.7Mprogram expense
02

In 2020, the organization served 475 families (1039 adults and 480 children), a 7% decrease compared to the number of families served in 2019. Of the 337 families who exited the organization's programs, 92% moved to permanent housing and 41% increased their income through EMPLOYMENT.WESTSIDE housing stability program - the program…

$2.3Mprogram expense
03

Wellness and Farm Program

The farm program, located in santa monica, provides an environment for parents and children to learn how to grow and prepare their own food through fun, interactive workshops and hands-on instruction, with the goal of increasing food security and promoting healthy eating HABITS.HEALTHY living program - the program uses an urban farm…

$113Kprogram expense

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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 35 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$7.9M
Ln 12
Gifts and grantsLn 1h$7.8M
Fees for servicesLn 2g$77K
Investment incomeLn 3$9K
Money outPt IX
$5.8M
Ln 25
Programscol B$5.1M
Managementcol C$341K
Fundraisingcol D$334K
Owns and owesPt X
$9.5M
net assets · Ln 32
Cash and savingsLn 1–2$4.8M
Total assetsLn 16$11.9M
LiabilitiesLn 26$2.4M
PeoplePt VI, VII
19
listed · VII A
PaidVII A1
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.8M
Government grantsLn 1e$4.8M
Fundraising eventsLn 1c$65K
Fees for servicesLn 2g$77K
Investment incomeLn 3$9K
Total revenueLn 12$7.9M
Assets in detailPt X, end of year
CashLn 1$4.6M
SavingsLn 2$154K
Cash and savings togetherLn 1–2$4.8M
InvestmentsLn 11–13$85K
Land, buildings, equipmentLn 10c$4.8M
Other assetsLn 15$447K
Total assetsLn 16$11.9M
LiabilitiesLn 26$2.4M
Net assetsLn 32$9.5M
OperationsPt I, VI
EmployeesI 552
VolunteersI 650
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 FY20End FY20
Cash and savingsLn 1–2$2.5M$4.8M
InvestmentsLn 11–13$73K$85K
Land, buildings, equipmentLn 10c$5.0M$4.8M
Total assetsLn 16$10.7M$11.9M
LiabilitiesLn 26$3.4M$2.4M
Net assetsLn 32$7.3M$9.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$221K$183K$21K$17K
Other salaries and wagesLn 7$1.9M$1.6M$181K$145K
Other employee benefitsLn 9$201K$167K$19K$15K
Payroll taxesLn 10$111K$92K$11K$8K
Legal feesLn 11b$7K$5K$476$2K
Accounting feesLn 11c$146K$101K$9K$36K
Other fees for servicesLn 11g$358K$302K$12K$45K
Advertising and promotionLn 12$31K$304$2$31K
Office expensesLn 13$24K$20K$2K$3K
Information technologyLn 14$24K$22K$2K$402
OccupancyLn 16$600K$590K$7K$3K
TravelLn 17$30K$22K$7K$940
Depreciation, depletion and amortizationLn 22$181K$170K$11K
InsuranceLn 23$45K$37K$5K$4K
Other expenses (24a–d)Ln 24$1.8M$1.8M$21K$23K
All other expensesLn 24e$57K$22K$33K$2K
Total functional expensesLn 25$5.8M$5.1M$341K$334K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $9.7M$9.8M−$43K$11.3M 990 PDF
FY2023 $9.0M$8.5M$497K$11.3M 990 PDF
FY2022 $7.0M$6.6M$435K$10.7M 990 PDF
FY2021 $6.8M$6.1M$755K$10.3M 990 PDF
FY2020 Viewing $7.9M$5.8M$2.1M$9.5M 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 FY2020 990 (4 parts)
Part VIII · Statement of revenue $7,908,284 across 8 lines filed
VIII-1c Fundraising events$65,146
VIII-1e Government grants$4,830,630
VIII-1f All other contributions, gifts and grants$2,941,088
VIII-1h Total contributions, gifts and grants$7,836,864
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $77,383$77,383
VIII-3 Investment incomeExcluded from tax $8,503$8,503
VIII-8 Net income from fundraising eventsExcluded from tax −$14,466−$14,466
VIII-12 Total revenueRelated to mission $77,383 · Unrelated business $0 · Excluded from tax −$5,963$7,908,284
Part IX · Statement of functional expenses $5,778,850 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $182,847 · Management $21,042 · Fundraising $16,831$220,720
IX-7 Other salaries and wagesPrograms $1,570,481 · Management $180,728 · Fundraising $144,563$1,895,772
IX-9 Other employee benefitsPrograms $166,750 · Management $19,190 · Fundraising $15,349$201,289
IX-10 Payroll taxesPrograms $92,068 · Management $10,595 · Fundraising $8,475$111,138
IX-11b Legal feesPrograms $5,110 · Management $476 · Fundraising $1,814$7,400
IX-11c Accounting feesPrograms $100,751 · Management $9,393 · Fundraising $35,768$145,912
IX-11g Other fees for servicesPrograms $301,680 · Management $11,991 · Fundraising $44,676$358,347
IX-12 Advertising and promotionPrograms $304 · Management $2 · Fundraising $30,590$30,896
IX-13 Office expensesPrograms $19,596 · Management $1,997 · Fundraising $2,814$24,407
IX-14 Information technologyPrograms $21,500 · Management $2,141 · Fundraising $402$24,043
IX-16 OccupancyPrograms $589,804 · Management $6,796 · Fundraising $3,248$599,848
IX-17 TravelPrograms $22,040 · Management $7,034 · Fundraising $940$30,014
IX-22 Depreciation, depletion and amortizationPrograms $169,944 · Management $10,692$180,636
IX-23 InsurancePrograms $36,570 · Management $4,990 · Fundraising $3,882$45,442
IX-24 Other expenses (24a–d)Programs $1,801,817 · Management $21,220 · Fundraising $23,401$1,846,438
IX-24e All other expensesPrograms $21,774 · Management $33,122 · Fundraising $1,652$56,548
IX-25 Total functional expensesPrograms $5,103,036 · Management $341,409 · Fundraising $334,405$5,778,850
Part X · Balance sheet $11,926,206 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $2,370,686$4,638,898
X-2 Savings and temporary cash investmentsStart of year $153,937$154,191
X-3 Pledges and grants receivableStart of year $2,340,439$1,560,770
X-9 Prepaid expenses and deferred chargesStart of year $224,724$103,116
X-10c Land, buildings and equipment, netStart of year $4,971,660$4,792,884
X-11 Publicly traded securitiesStart of year $72,690$84,558
X-14 Intangible assetsStart of year $147,138$145,278
X-15 Other assetsStart of year $448,055$446,511
X-16 Total assetsStart of year $10,729,329$11,926,206
X-17 Accounts payable and accrued expensesStart of year $300,641$237,927
X-19 Deferred revenueStart of year $61,090$27
X-25 Other liabilitiesStart of year $36,883$38,749
X-26 Total liabilitiesStart of year $3,383,252$2,426,328
X-27 Net assets without donor restrictionsStart of year $5,600,082$7,556,358
X-28 Net assets with donor restrictionsStart of year $1,745,995$1,943,520
X-32 Total net assets or fund balancesStart of year $7,346,077$9,499,878
X-33 Total liabilities and net assetsStart of year $10,729,329$11,926,206
Part XI · Reconciliation of net assets $9,499,878 net assets at year end
XI-1 Total revenue$7,908,284
XI-2 Total expenses$5,778,850
XI-3 Revenue less expenses$2,129,434
XI-4 Net assets at start of year$7,346,077
XI-5 Net unrealized gains (losses) on investments$24,367
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$9,499,878

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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