Upward Bound House FY2022 filing

Tax-deductible

Santa Monica, CA501(c)(3)Since 1991UnclassifiedEIN 95-4288926Revenue $7.0M in FY2022

On file with the IRSupwardboundhouse.org1104 Washington Ave, 90403-4119 · Santa Monica, CATax-exempt since Jul 1995Publicly supported charity — 170(b)(1)(A)(vi)

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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.
$321K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

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
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
$321K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 11.4 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
$2.2M
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.0M
+3% vs prior year
Spent
$6.6M
To programs
88%
Net assets
$10.7M
By yearFY2020–FY2024
Revenue
$7.0M
FY2022▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$7.9M
FY2021$6.8M
FY2022$7.0M
FY2023$9.0M
FY2024$9.7M
Expenses
$6.6M
FY2022▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.8M
FY2021$6.1M
FY2022$6.6M
FY2023$8.5M
FY2024$9.8M
Net assets
$10.7M
FY2022▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$9.5M
FY2021$10.3M
FY2022$10.7M
FY2023$11.3M
FY2024$11.3M

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 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% · $5.8M Management & general 5% · $317K Fundraising 7% · $460K

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; $321K paid to officers and key staff.

Part VII, Section A · reportable compensation
$209,455Pt VII · Sec A
Director of Administration
$111,679Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$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.

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Provided by the organization

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3 programs · $5.8M · in their own filed words · FY2022
01

Interim Housing

In 2022, the organization served 390 families (adults and children). Of the 247 families who exited the organization's programs, 85% moved to permanent housing and 47% increased their income through employment.

$2.9Mprogram expense
02

Permanent Housing

The organization operates rapid rehousing (RRH) services from offices located within the compton unified school district and the first united methodist church of compton. RRH moves homeless families from shelters into permanent housing as quickly as possible by providing proactive landlord outreach and housing search assistance, coupled…

$2.9Mprogram expense
03

Health & Wellness

Wellness and farm program - the farm program, located in santa monica, provides and 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.

$47Kprogram 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 35 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$7.0M
Ln 12
Gifts and grantsLn 1h$6.9M
Fees for servicesLn 2g$134K
Investment incomeLn 3$31K
Money outPt IX
$6.6M
Ln 25
Programscol B$5.8M
Managementcol C$317K
Fundraisingcol D$460K
Owns and owesPt X
$10.7M
net assets · Ln 32
Cash and savingsLn 1–2$6.3M
Total assetsLn 16$12.9M
LiabilitiesLn 26$2.2M
PeoplePt VI, VII
19
listed · VII A
PaidVII A2
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.9M
Government grantsLn 1e$5.3M
Noncash giftsLn 1g$8K
Fees for servicesLn 2g$134K
Investment incomeLn 3$31K
Total revenueLn 12$7.0M
Assets in detailPt X, end of year
CashLn 1$6.1M
SavingsLn 2$154K
Cash and savings togetherLn 1–2$6.3M
InvestmentsLn 11–13$105K
Land, buildings, equipmentLn 10c$4.6M
Other assetsLn 15$511K
Total assetsLn 16$12.9M
LiabilitiesLn 26$2.2M
Net assetsLn 32$10.7M
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 FY22End FY22
Cash and savingsLn 1–2$5.5M$6.3M
InvestmentsLn 11–13$121K$105K
Land, buildings, equipmentLn 10c$4.7M$4.6M
Total assetsLn 16$12.4M$12.9M
LiabilitiesLn 26$2.1M$2.2M
Net assetsLn 32$10.3M$10.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$220K$187K$17K$17K
Other salaries and wagesLn 7$2.1M$1.8M$158K$161K
Other employee benefitsLn 9$241K$204K$18K$18K
Payroll taxesLn 10$151K$128K$11K$12K
Legal feesLn 11b$801$460$25$316
Accounting feesLn 11c$133K$77K$4K$53K
Other fees for servicesLn 11g$262K$150K$8K$103K
Advertising and promotionLn 12$27K$296$2$27K
Office expensesLn 13$60K$54K$3K$4K
OccupancyLn 16$731K$723K$3K$5K
TravelLn 17$21K$20K$327$679
Depreciation, depletion and amortizationLn 22$181K$170K$11K
InsuranceLn 23$27K$19K$3K$5K
Other expenses (24a–d)Ln 24$2.3M$2.3M$30K$33K
All other expensesLn 24e$102K$31K$52K$20K
Total functional expensesLn 25$6.6M$5.8M$317K$460K

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 Viewing $7.0M$6.6M$435K$10.7M 990 PDF
FY2021 $6.8M$6.1M$755K$10.3M 990 PDF
FY2020 $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 FY2022 990 (6 parts)
Part I · Summary $7,035,116 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,714,841$6,869,525
I-9 Program service revenuePrior year $125,304$134,144
I-10 Investment incomePrior year $4,690$31,447
I-11 Other revenuePrior year −$9,683$0
I-12 Total revenuePrior year $6,835,152$7,035,116
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 $2,363,698$2,708,660
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,716,587$3,891,367
I-18 Total expensesPrior year $6,080,285$6,600,027
I-19 Revenue less expensesPrior year $754,867$435,089
Part VI · Governance 17 of 17 board members independent, no flags
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
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 $7,035,116 across 7 lines filed
VIII-1e Government grants$5,275,792
VIII-1f All other contributions, gifts and grants$1,593,733
VIII-1g Noncash contributions (included above)$7,920
VIII-1h Total contributions, gifts and grants$6,869,525
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $134,144$134,144
VIII-3 Investment incomeExcluded from tax $31,447$31,447
VIII-12 Total revenueRelated to mission $134,144 · Unrelated business $0 · Excluded from tax $31,447$7,035,116
Part IX · Statement of functional expenses $6,600,027 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $186,513 · Management $16,548 · Fundraising $16,899$219,960
IX-7 Other salaries and wagesPrograms $1,778,208 · Management $157,774 · Fundraising $161,118$2,097,100
IX-9 Other employee benefitsPrograms $204,174 · Management $18,116 · Fundraising $18,500$240,790
IX-10 Payroll taxesPrograms $127,877 · Management $11,346 · Fundraising $11,587$150,810
IX-11b Legal feesPrograms $460 · Management $25 · Fundraising $316$801
IX-11c Accounting feesPrograms $76,509 · Management $4,232 · Fundraising $52,599$133,340
IX-11g Other fees for servicesPrograms $150,371 · Management $8,317 · Fundraising $103,378$262,066
IX-12 Advertising and promotionPrograms $296 · Management $2 · Fundraising $26,922$27,220
IX-13 Office expensesPrograms $54,010 · Management $2,682 · Fundraising $3,713$60,405
IX-16 OccupancyPrograms $723,005 · Management $3,015 · Fundraising $5,468$731,488
IX-17 TravelPrograms $20,062 · Management $327 · Fundraising $679$21,068
IX-22 Depreciation, depletion and amortizationPrograms $169,944 · Management $10,692$180,636
IX-23 InsurancePrograms $19,393 · Management $2,908 · Fundraising $4,999$27,300
IX-24 Other expenses (24a–d)Programs $2,281,926 · Management $29,550 · Fundraising $33,273$2,344,749
IX-24e All other expensesPrograms $30,509 · Management $51,732 · Fundraising $20,053$102,294
IX-25 Total functional expensesPrograms $5,823,257 · Management $317,266 · Fundraising $459,504$6,600,027
Part X · Balance sheet $12,850,498 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $5,340,568$6,115,902
X-2 Savings and temporary cash investmentsStart of year $154,337$154,484
X-3 Pledges and grants receivableStart of year $1,371,955$1,072,293
X-9 Prepaid expenses and deferred chargesStart of year $75,715$186,385
X-10c Land, buildings and equipment, netStart of year $4,742,312$4,563,536
X-11 Publicly traded securitiesStart of year $121,405$105,109
X-14 Intangible assetsStart of year $143,418$141,558
X-15 Other assetsStart of year $418,180$511,231
X-16 Total assetsStart of year $12,367,890$12,850,498
X-17 Accounts payable and accrued expensesStart of year $279,460$360,086
X-25 Other liabilitiesStart of year $31,906$24,904
X-26 Total liabilitiesStart of year $2,096,004$2,169,628
X-27 Net assets without donor restrictionsStart of year $8,587,785$8,858,494
X-28 Net assets with donor restrictionsStart of year $1,684,101$1,822,376
X-32 Total net assets or fund balancesStart of year $10,271,886$10,680,870
X-33 Total liabilities and net assetsStart of year $12,367,890$12,850,498
Part XI · Reconciliation of net assets $10,680,870 net assets at year end
XI-1 Total revenue$7,035,116
XI-2 Total expenses$6,600,027
XI-3 Revenue less expenses$435,089
XI-4 Net assets at start of year$10,271,886
XI-5 Net unrealized gains (losses) on investments−$26,105
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$10,680,870

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

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