2023-05-11T10:09:55-05:00 2022-06-30 131459550 MAZARS USA LLP 1330 BOYLSTON STREET CHESTNUT HILL MA 024672111 990 2021-07-01 461314848 UASPIRE INC UASP 6177787195 31 MILK STREET 900 BOSTON MA 02109 JACLYN PINERO CHIEF EXECUTIVE OFFICER 6177787195 2023-05-11 1 JACLYN PINERO 999009999 TAMAR PLOTZKER P02047230 6177311222 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JACLYN PINERO 31 MILK STREET 900 BOSTON MA 02109 13454450 0 X WWW.UASPIRE.ORG X 2012 MA UASPIRE WORKS TO REMOVE FINANCIAL BARRIERS TO A POSTSECONDARY DEGREE. 29 29 87 38 0 0 8097048 9327389 775986 1435971 56503 238275 0 0 8929537 11001635 505276 199534 0 0 6039286 5994246 0 0 1723618 1315823 1489415 7860385 7683195 1069152 3318440 8161176 9973087 1717942 717706 6443234 9255381 X UASPIRE'S MISSION IS TO IMPROVE THE ECONOMIC MOBILITY OF UNDERREPRESENTED STUDENTS BY CREATING FINANCIAL SOLUTIONS TO DIVERSE POSTSECONDARY PATHWAYS. 0 0 2648777 1075711 WORKING IN COORDINATION WITH GUIDANCE COUNSELORS, UASPIRE PROVIDES IN-SCHOOL COLLEGE FINANCIAL AID ADVISING TO THOUSANDS OF HIGH SCHOOL SENIORS IN BOSTON, CAMBRIDGE, SOMERVILLE, MALDEN, AND FALL RIVER MASSACHUSETTS AND SAN FRANCISCO AND OAKLAND, CALIFORNIA AND NEW YORK, NEW YORK. STUDENTS ALSO RECEIVE ONGOING COUNSELING THROUGH THEIR TRANSITION TO AND THROUGHOUT THE FIRST TWO YEARS OF THEIR POST-SECONDARY EDUCATION TO HELP SUPPORT MATRICULATION AND PERSISTENCE. 1229789 360260 UASPIRE PARTNERS WITH SCHOOL DISTRICTS, CHARTER MANAGEMENT ORGANIZATIONS, AND YOUTH SERVING ORGANIZATIONS ACROSS THE COUNTRY TO PROVIDE THEM WITH THE KNOWLEDGE AND TOOLS NECESSARY TO ENSURE THE STUDENTS THEY SERVE ARE ABLE TO FIND AN AFFORDABLE PATH TO AND THROUGH A POST SECONDARY DEGREE PROGRAM. 614895 BY LEVERAGING FINANCIAL AID EXPERTISE, UASPIRE WORKS TO TRANSFORM FINANCIAL AID AND HIGHER EDUCATION SYSTEMS SO THAT THEY HELP RATHER THAN HINDER THE ATTAINMENT OF AN AFFORDABLE COLLEGE DEGREEE. 236498 199534 OTHER PROGRAM SERVICES CONSIST OF SCHOLARSHIP ADMINISTRATION INCLUSIVE OF DIRECT DISTRIBUTIONS TO STUDENTS AS WELL AS PROGRAM QUALITY AND EVALUATION. 236498 199534 4729959 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 16 0 1 87 1 0 0 0 0 0 0 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 1 1 1 0 MA CA PA NY X JACLYN PINERO 6177787195 31 MILK STREET 900 BOSTON MA 02109 MARY JO MEISNER DIRECTOR 1.00 X 0 0 0 EJ LANDRY DIRECTOR 1.00 X 0 0 0 BILL MCCLEMENTS BOARD CHAIR 1.00 X X 0 0 0 HO NAM DIRECTOR 1.00 X 0 0 0 SCOTT ALDSWORTH DIRECTOR 1.00 X 0 0 0 CYNTHIA RIVERA WEISSBLUM SECRETARY 1.00 X X 0 0 0 PETER NOVEMBER DIRECTOR 1.00 X 0 0 0 BOB SHIREMAN DIRECTOR 1.00 X 0 0 0 JOEL STEINHAUS DIRECTOR 1.00 X 0 0 0 MICHAEL BOYLE TREASURER 1.00 X X 0 0 0 LUIS ECHEVERRI DIRECTOR 1.00 X 0 0 0 AMIT PATEL DIRECTOR 1.00 X 0 0 0 NADINE DUPLESSY KEARNS DIRECTOR 1.00 X 0 0 0 MARK ALPER DIRECTOR 1.00 X 0 0 0 SYDNEY ATKINS DIRECTOR 1.00 X 0 0 0 MAY BUMAR DIRECTOR 1.00 X 0 0 0 JONATHAN COX DIRECTOR 1.00 X 0 0 0 VALDUVINO GONCALVES DIRECTOR 1.00 X 0 0 0 SIMONE HILL DIRECTOR 1.00 X 0 0 0 JOHN HUDSON DIRECTOR 1.00 X 0 0 0 JOIE JAGER HYMAN THRU 92021 DIRECTOR 1.00 X 0 0 0 KERRY ANN JAMES VICE CHAIR 1.00 X X 0 0 0 JOHN LEHNER THRU 42022 DIRECTOR 1.00 X 0 0 0 BILL MANDELL DIRECTOR 1.00 X 0 0 0 BOB O'SULLIVAN DIRECTOR 1.00 X 0 0 0 SHARAM PAVRI DIRECTOR 1.00 X 0 0 0 KATHRYN SCHOX DIRECTOR 1.00 X 0 0 0 CHARLES SHIRLEY DIRECTOR 1.00 X 0 0 0 JENN STREDLER DIRECTOR 1.00 X 0 0 0 LAURIE THOMSEN DIRECTOR 1.00 X 0 0 0 ELLYN CHARTERS ZARRACINA DIRECTOR 1.00 X 0 0 0 JACLYN PINERO CHIEF EXECUTIVE OFFICER 50.00 X 224044 0 28903 DAVID DORE CHIEF FINANCIAL & OPERATING OFFICER 40.00 X 161172 0 27022 AYEESHA LANE CHIEF PEOPLE OFFICER 40.00 X 153940 0 24085 JERMAINE MYRIE CHIEF EXTERNAL AFFAIRS OFFICER 45.00 X 180623 0 9986 HOLLY MORROW CHIEF KNOWLEDGE OFFICER 40.00 X 156498 0 24687 JANEIRA FORTE CHIEF IMPACT OFFICER 40.00 X 162690 0 13791 LAURA KEANE CHIEF POLICY OFFICER 50.00 X 155724 0 4195 SAGE RUTH SENIOR VP OF FINANCE & OPERATIONS 40.00 X 111166 0 22679 LEAH MCLEAN SENIOR VP OF DEVELOPMENT 40.00 X 110501 0 12519 CARRIE FETHE VP OF MARKETING & COMMUNICATIONS 40.00 X 100047 0 5963 1516405 0 173830 10 0 1 0 POSITIVELY PARTNERS 6218 GEORGIA AVE NW 5072 WASHINGTON DC 20011 HUMAN RESOURCES SERVICES 110870 1 154348 1109915 8063126 120833 9327389 COLLEGE AFFORDABILITY ADVISING 611710 1075711 1075711 TRAINING & TECHNICAL ASSISTANCE 611710 360260 360260 1435971 107745 107745 2583345 2452815 130530 130530 130530 0 154348 0 0 11001635 1435971 0 238275 199534 199534 1241310 756635 190674 294001 3851070 2333797 596924 920349 126743 81065 17972 27706 393990 252014 55852 86124 381133 217868 64231 99034 47400 47400 7290 7290 473658 338831 38575 96252 16734 6479 1103 9152 81838 31834 26841 23163 257751 192121 21114 44516 387769 234992 60105 92672 26896 22691 3868 337 7540 6362 1084 94 7549 7549 14097 14097 PENALTIES 79250 79250 STAFF DEVELOPMENT 53522 32376 8319 12827 EVENTS 18659 3529 15130 EQUIPMENT RENTAL & MAIN 9462 5734 1467 2261 7683195 4729959 1229618 1723618 1799086 3910392 46583 45454 769011 692892 321508 271494 117881 108318 60562 53839 14272 6723 5081460 4928114 11375 9700 8161176 9973087 427022 544214 8000 1600 1282920 171892 1717942 717706 X 3585941 5401139 2857293 3854242 6443234 9255381 8161176 9973087 3318440 -506293 0 X 0 1 X 1 0 X 5616143 7892435 10950535 6954691 9327389 40741193 5616143 7892435 10950535 6954691 9327389 40741193 12779268 27961925 50207 52160 40774 56503 107745 307389 41048582 5043292 0.68120 0.90820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6692 6692 7676503 7683195 534160 133540 0 0 571655 562889 543019 534160 2211723 3317585 12312 9669 12011 6692 40684 142914 140722 135755 133540 552931 829397 557909 30226 -30226 557909 557909 24498 24498 557909 557909 19648 19648 557909 605033 41395 88519 557909 601556 47124 43647 605033 0.00000 1.00000 0.00000 0 0 28028 25188 2840 32534 28651 3883 6723 DEFERRED RENT 67847 SECURITY DEPOSITS 17433 DONOR-DESIGNATED FUNDS 86612 171892 X 10533627 -506293 45575 -460718 10994345 7290 7290 11001635 7721480 45575 45575 7675905 7290 7290 7683195 PART V, LINE 4: THE PERMANENT ENDOWMENT CONSISTS OF INVESTMENT ACCOUNTS. THE BOARD OF DIRECTORS INTEND TO PRESERVE THE FAIR VALUE OF THE ORIGINAL GIFT AS EXPLICITLY STIPULATED BY THE DONOR. PART X, LINE 2: THE FASB HAS ISSUED A STANDARD THAT CLARIFIES THE ACCOUNTING AND RECOGNITION OF INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE ORGANIZATIONFS INCOME TAX RETURNS. THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE ("IRS") AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE ORGANIZATION BELIEVES THAT INCOME TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN TAX POSITIONS. IF THE ORGANIZATION INCURS INTEREST OR PENALTIES AS A RESULT OF UNRECOGNIZED TAX POSITIONS THE POLICY IS TO CLASSIFY INTEREST ACCRUED WITH INTEREST EXPENSE AND PENALTIES THEREON WITH GENERAL AND ADMINISTRATIVE EXPENSES. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN RPROGRESS. FIRST ONES - NATIONAL 134348 134348 STUDENT DEBT PANEL - NATIONAL 20000 20000 154348 154348 1 FINANCIAL ASSISTANCE FOR HIGHER EDUCATION 122 161583 BOOK VALUE DIRECT STUDENT AID FUNDING 437 37950 BOOK VALUE PART I, LINE 2: THE ORGANIZATION WORKS WITH FINANCIAL AID OFFICES AT HIGHER EDUCATION INSTITUTIONS TO PROVIDE SCHOLARSHIP FUNDS FOR STUDENTS. SCHOLARSHIPS ARE PROVIDED DIRECTLY TO HIGHER EDUCATION INSTITUTIONS TO ENSURE FUNDS ARE CREDITED DIRECTLY TO ENROLLED STUDENTS' OUTSTANDING TUITION BILLS. X 1 0 0 0 0 0 0 0 0 JACLYN PINERO CHIEF EXECUTIVE OFFICER 224044 0 0 0 0 0 10619 0 18284 0 252947 0 0 0 JERMAINE MYRIE CHIEF EXTERNAL AFFAIRS OFFICER 180623 0 0 0 0 0 9000 0 986 0 190609 0 0 0 DAVID DORE CHIEF FINANCIAL & OPERATING OFFICER 161172 0 0 0 0 0 8353 0 18669 0 188194 0 0 0 HOLLY MORROW CHIEF KNOWLEDGE OFFICER 156498 0 0 0 0 0 7863 0 16824 0 181185 0 0 0 AYEESHA LANE CHIEF PEOPLE OFFICER 153940 0 0 0 0 0 7227 0 16858 0 178025 0 0 0 JANEIRA FORTE CHIEF IMPACT OFFICER 162690 0 0 0 0 0 7050 0 6741 0 176481 0 0 0 LAURA KEANE CHIEF POLICY OFFICER 91990 0 0 0 63734 0 3935 0 260 0 159919 0 0 0 PART I, LINE 4A ONE INDIVIDUAL RECEIVED SEVERANCE PAYMENTS, THE AMOUNTS ARE REPORTED ON SCHEDULE J ACCORDINGLY. DUE TO CONFIDENTIALITY CONCERNS, THE NAME OF THE INDIVIDUAL IS NOT DISCLOSED. THE DETAILED INFORMATION IS AVAILABLE TO THE IRS UPON REQUEST. X 3 120833 FAIR MARKET VALUE 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPORTED REPRESENTS THE TOTAL NUMBER OF DONORS OF PUBLICLY TRADED SECURITIES DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL AND OPERATING OFFICER AND CHIEF EXECUTIVE OFFICER PRIOR TO FILING. IN ADDITION, IT IS REVIEWED BY AT LEAST ONE MEMBER OF THE BOARD OF DIRECTORS, WHO IS ALSO A MEMBER OF THE FINANCE COMMITTEE. THE FORM 990 IS THEN DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12 THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT IS SHARED ANNUAL. ALL NEW BOARD MEMBERS COMPLETE THE CONFLICT OF INTEREST FORM. BOARD MEMBERS ARE REQUESTED ON AN ANNUAL BASIS TO PROVIDE AN UPDATED CONFLICT OF INTEREST FORM. THE EXISTENCE OF ANY ISSUES THAT COULD GIVE RISE TO CONFLICTS IS REVIEWED PERIODICALLY BY THE CHIEF FINANCIAL AND OPERATING OFFICER AND THE CHIEF EXECUTIVE OFFICER TO ASCERTAIN WHETHER ANY DIRECTOR, BOARD MEMBER OR EMPLOYEE MIGHT CONCEIVABLY HAVE AN INTEREST WHICH COULD GIVE RISE TO A CONFLICT. ALL MEMBERS OF THE ORGANIZATION ARE AWARE OF THE CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO DISCUSS WITH THE CHIEF EXECUTIVE OFFICER OR DIRECTLY WITH THE BOARD, SHOULD THEY FEEL THERE ARE ANY CONFLICTS AS DEFINED BY THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION ENGAGED THE SERVICES OF AN INDEPENDENT COMPENSATION CONSULTING FIRM TO PERFORM A STUDY OF EXECUTIVE COMPENSATION BASED ON COMPARABLE ORGANIZATIONS AND SIMILAR SIZED COMPANIES, INCLUDING COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER AND OTHER CHIEF LEVEL EXECUTIVE LEADERS. SPECIFICALLY, FOR THE CHIEF EXECUTIVE OFFICER, THEIR SALARY WAS WITHIN THE RANGE SUGGESTED BY THE CONSULTING FIRM AND WAS APPROVED BY THE EXECUTIVE COMMITTEE OF THE ORGANIZATION, WHICH REPORTED ITS CONCLUSION AND PROCESS TO THE ENTIRE BOARD OF DIRECTORS. A POLICY IS IN PLACE TO ENGAGE IN SUBSEQUENT ANNUAL ADJUSTMENTS TO THE CHIEF EXECUTIVE OFFICER'S COMPENSATION LED BY THE BOARD OF DIRECTORS. THE CHIEF EXECUTIVE OFFICER DOES NOT PARTICIPATE IN THE PROCESS. FOR OTHER CHIEF EXECUTIVE COMPENSATION, THE CHIEF EXECUTIVE OFFICER RECOMMENDS ANNUAL ADJUSTMENTS FOR APPROVAL, BASED ON INDEPENDENT COMPENSATION DATA, TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. CHIEF EXECUTIVES DO NOT PARTICIPATE IN THIS PROCESS. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST, THE ORGANIZATION WILL MAKE AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS, AND ITS CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS OF THE ORGANIZATION ARE ATTACHED TO THE FORM PC FILED WITH THE MASSACHUSETTS DIVISION OF PUBLIC CHARITIES AND ARE AVAILABLE FOR PUBLIC INSPECTION ON THE ATTORNEY GENERAL'S WEBSITE. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE NOT POSTED TO SUCH WEBSITE, BUT ARE AVAILABLE FOR INSPECTION BY THE PUBLIC UPON REQUEST.