2020-03-27T12:27:34-05:00 2019-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2019-01-01 043534407 YEAR UP INC YEAR 6175421533 45 MILK STREET 9TH FLOOR BOSTON MA 02110 ELLEN MCCLAIN CFO 6175421533 2020-03-25 1 CARLA M MCCALL CPA P00535908 5083669100 2020-03-24 40.70.31.102 2020-03-25 11:04:47 ED P 247284B58625830FD7AA80C2F29CE40271A21289 E5E10DB362A14A01DB0DA430DA7AA5B243C0C50A 2019 2020-09-23 17:36:50Z GERARLD CHERTAVIAN 45 MILK STREET 9TH FLOOR BOSTON MA 02110 177548662 0 X WWW.YEARUP.ORG X 2000 MA YEAR UP'S MISSION IS TO CLOSE THE OPPORTUNITY DIVIDE BY PROVIDING URBAN YOUNG ADULTS WITH THE SKILLS, EXPERIENCE AND SUPPORT THAT WILL EMPOWER THEM TO REACH THEIR ADULT POTENTIAL THROUGH PROFESSIONAL CAREERS AND HIGHER EDUCATION. 20 19 1268 1068 0 0 81652780 88508547 69687369 82341849 389625 573485 1159785 1324455 152889559 172748336 25464620 29023767 0 0 86974387 102606036 17449 68847 10343336 35897026 38812224 148353482 170510874 4536077 2237462 118365743 123186526 24012831 26231187 94352912 96955339 X YEAR UP'S MISSION IS TO CLOSE THE OPPORTUNITY DIVIDE BY PROVIDING URBAN YOUNG ADULTS WITH THE SKILLS, EXPERIENCE AND SUPPORT THAT WILL EMPOWER THEM TO REACH THEIR ADULT POTENTIAL THROUGH PROFESSIONAL CAREERS AND HIGHER EDUCATION. 0 0 141394710 29023767 83292359 SEE SCHEDULE O 141394710 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 212 0 1 1268 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD FL CA RI IL WA MA VA NY GA AZ PA SC UT TN WV WI OR OH OK ND NC NM MO MN MI LA KY KS AL AK AR CT HI TX X X ELLEN MCCLAIN 6175421533 45 MILK STREET 9TH FLOOR BOSTON MA 02110 ANEL PEREZ DIRECTOR 1.00 X 0 0 0 ANGELICA PINEDA DIRECTOR 1.00 X 0 0 0 BARBY SIEGEL DIRECTOR 1.00 X 0 0 0 BILL GREEN DIRECTOR 1.00 X 0 0 0 BOB STEEL DIRECTOR 1.00 X 0 0 0 CINDY ROBBINS DIRECTOR 1.00 X 0 0 0 GERALD CHERTAVIAN CHIEF EXECUTIVE OFFICER 40.00 X X 524037 0 44318 GREG WALTON DIRECTOR 1.00 X 0 0 0 JIM FOWLER DIRECTOR 1.00 X 0 0 0 JOSEPH BARATTA DIRECTOR 1.00 X 0 0 0 JUDY MINER DIRECTOR 1.00 X 0 0 0 KERRY SULLIVAN DIRECTOR 1.00 X 0 0 0 MELODY BARNES DIRECTOR (UNTIL 6/2019) 1.00 X 0 0 0 PAUL EDGERLEY DIRECTOR 1.00 X 0 0 0 PAUL PRESSLER DIRECTOR 1.00 X 0 0 0 PAUL SALEM CHAIRMAN 1.00 X X 0 0 0 PETER HANDRINOS SECRETARY 1.00 X X 0 0 0 ROBERT TEMPLIN DIRECTOR 1.00 X 0 0 0 ROD MCCOWAN DIRECTOR 1.00 X 0 0 0 RUTHANN BOWEN DIRECTOR 1.00 X 0 0 0 TIMOTHY DIBBLE TREASURER 1.00 X X 0 0 0 CYRIL TURNER PRESIDENT (AS OF 3/19) 40.00 X 282692 0 25038 ELLEN MCCLAIN CHIEF FINANCIAL OFFICER 40.00 X 250269 0 19318 GARRETT MORAN PRESIDENT (UNTIL 4/2019) 40.00 X 15526 0 6186 JAMES THIE CIO (UNTIL 6/2019) 40.00 X 120409 0 14185 JOHN BRADLEY CHIEF OPERATING OFFICER 40.00 X 244990 0 8849 SARAH ANGEL-JOHNSON CIO (AS OF 6/19) 40.00 X 139615 0 14375 BELINDA STUBBLEFIELD MANAGING DIRECTOR, STRATEGIC PARTNERSHIPS 40.00 X 254813 0 13568 CASEY RECUPERO NATIONAL SITE DIRECTOR 40.00 X 273956 0 33016 DWIGHT POWERY NATIONAL SITE DIRECTOR 40.00 X 219075 0 17112 JASON BANFIELD NATIONAL SITE DIR (UNTIL 11/2019) 40.00 X 298291 0 29034 JEFFREY ARTIS NATIONAL DIRECTOR OF CORPO 40.00 X 249637 0 31800 JOHN GALANTE NATIONAL SITE DIRECTOR 40.00 X 206923 0 29664 ROLAND SELBY JR NATIONAL SITE DIRECTOR 40.00 X 182804 0 28358 SHAWN BOHEN NATIONAL DIR OF STRATEGIC 40.00 X 252413 0 31939 SUSAN MURRAY NATIONAL DIRECTOR OF DEVEL 40.00 X 244860 0 28905 ELYSE ROSENBLUM SENIOR DIRECTOR GRADS OF LIFE 40.00 X 222876 0 26177 JULIE WOLPOV SENIOR DIRECTOR OF PHILANTHROPY 40.00 X 199228 0 29280 MEREDITH JAREMCHUK NATIONAL DIRECTOR PROGRAM 40.00 X 202303 0 28995 ROBERTO ZELEDON CHIEF MARKETING OFFICER 40.00 X 191888 0 28912 SUZANNE BERGER CAMPAIGN DIRECTOR, DEVELOPMENT 40.00 X 321631 0 28110 4898236 0 517139 176 0 1 0 EXTENSIONENGINE LLC 100 CUMMINGS CENTER SUITE 207-P O BEVERLY MA 01915 PLATFORM DEVELOPMENT/DESIGN WORK 474705 BOYEA ROBINSON LLC 3140 DYER STREET DALLAS TX 75205 CONSULTING SERVICES 284610 ACCENTURE LLC 1255 TREAT BLVD SUITE 250 WALNUT CREEK CA 94597 TECHNOLOGY AND OUTSOURCING SERVICES 281233 TANIA SANCHEZ 326 MENORES AVENUE CORAL GABLES FL 33134 INFLUENCE INTIATIVES 145966 TAGER & COMPANY LLC 33 WEST 19TH STREET 4TH FLOOR NEW YORK NY 10011 RESEARCH, CONSULTING, AND OUTREACH CONSU 132000 7 364623 1098041 87045883 543662 88508547 PROGRAM SERVICE REVENUE 900099 82341849 82341849 82341849 358454 358454 4856674 4641643 215031 215031 215031 532628 364623 158683 373945 373945 MISCELLANEOUS 900099 950510 950510 950510 172748336 83292359 0 947430 29023767 29023767 3742120 1548430 1948830 244860 73464127 60759813 6138778 6565536 2743953 2151279 344754 247920 16561558 14090065 1287636 1183857 6094278 4887090 687970 519218 4868370 4022870 697225 148275 28449 28449 67098 67098 68847 68847 101428 34162 64361 2905 2253166 2246520 4527 2119 3639509 2833732 543895 261882 4719553 3901635 598916 219002 7609468 5916308 1691683 1477 5248017 3295939 1695952 256126 2847413 1727881 894426 225106 122344 122344 4991030 3999844 739124 252062 207932 207932 PRINTING AND PHOTO DESI 996818 868159 10609 118050 BAD DEBT 850247 850247 MISCELLANEOUS 160025 61942 78935 19148 POSTAGE AND SHIPPING 101357 25274 69137 6946 170510874 141394710 18772828 10343336 35593843 30579979 3473470 2363241 37238002 44773758 6548774 11484808 2150377 1961910 38594866 19880611 21898478 18714255 10982799 12828575 480000 480000 118365743 123186526 22678561 12742277 1334270 2374653 0 11114257 24012831 26231187 X 51855946 46650456 42496966 50304883 94352912 96955339 118365743 123186526 2237462 893832 -528867 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20342511 8344107 11998404 9409084 7905835 1503249 8843271 3630669 5212602 18714255 DEFERRED RENT 11114257 11114257 X PART X, LINE 2: THE ENTITY ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATING FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ENTITY HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS AT DECEMBER 31, 2019 AND 2018. YEAR UP'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 YEAR UP MAKES ITS RACIALLY NONDISCRIMINATORY POLICIES KNOWN TO THE GENERAL COMMUNITY THROUGH ITS CORPORATE SPONSOR BROCHURE, JOB POSTINGS, ADMISSIONS MATERIAL, THE EMPLOYEE HANDBOOK, AND THE ORGANIZATION'S WEBSITE. SCHEDULE E, PART I, LINE 6 SEE PART II SUPPLEMENTAL INFORMATION. LINE 6- EXPLANATION OF GOVERNMENT FINANCIAL AID YEAR UP RECEIVED GRANTS FROM U.S. DEPARTMENT OF LABOR THROUGH THE H-1B TECHHIRE PARTNERSHIP GRANTS SUPPORTING THE STATE OF WASHINGTON. YEAR UP RECEIVED GRANTS FROM U.S. DEPARTMENT OF LABOR THROUGH THE WORKFORCE INVESTMENT OPPORTUNITY ACT (WIOA) SUPPORTING THE STATE OF ARIZONA; US DEPARTMENT OF AGRICULTURE THROUGH THE UNIVERSITY OF MASSACHUSETTS SUPPORTING MASSACHUSETTS; US DEPARTMENT OF AGRICULTURE THROUGH THE SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM - SUPPORTING THE STATE OF RHODE ISLAND; CORPORATION FOR NATIONAL AND COMMUNITY SERVICE - SUPPORTING DISTRICT OF COLUMBIA/NATIONAL CAPITAL REGION AND PENNSYLVANIA; DEPARTMENT OF EDUCATION SUPPORTING THE STATE OF MASSACHUSETTS; BOSTON OFFICE OF WORKFORCE DEVELOPMENT SUPPORTING THE STATE OF MASSACHUSETTS; CITY OF PROVIDENCE SUPPORTING THE STATE OF RHODE ISLAND; GOVERNOR'S WORKFORCE BOARD OF RHODE ISLAND SUPPORTING THE STATE OF RHODE ISLAND; MAYORS FUND TO ADVANCE NEW YORK CITY SUPPORTING NEW YORK; THE CITY OF MIAMI SUPPORTING THE STATE OF FLORIDA; COUNTY OF SANTA CLARA SOCIAL SERVICES AGENCY SUPPORTING THE STATE OF CALIFORNIA; THE MAYOR'S OFFICE OF HOUSING & COMMUNITY DEVELOPMENT-SUPPORTING THE STATE OF CALIFORNIA. THE $1,098,041 IN GRANTS WAS FOR DEVELOPMENT TO SUPPORT THE ABOVE MENTIONED STATES. X X X X X X X 1 KATIE CUNNINGHAM EVENTS 800 NEWTON STREET CHESTNUT HILL MA 02467 BOSTON GOLF TOURNAMENT 0 445173 32400 412773 445173 32400 412773 MD FL CA RI IL WA MA VA NY GA AZ PA SC UT TN WV WI OH OR OK ND NC NM MI MO MN LA KY KS AL AK AR CT HI TX NJ MA GOLF TOURNAMENT 445173 145334 299839 70675 4054 WA PROFESSIONAL OLYMPICS 134195 58156 76039 32790 3 317883 161133 156750 17345 33819 897251 364623 532628 88020 37873 32790 158683 373945 1 STUDENT STIPENDS 7932 22172765 COLLEGE FEES 7932 4587149 STUDENT TRANSPORTATION 1420 1662283 PART I, LINE 2: EDUCATIONAL STIPENDS ARE DISTRIBUTED TO ALL ENROLLED STUDENTS AND ARE MONITORED AND APPROVED, ON AN ON-GOING BASIS, BY PROGRAM MANAGER, SITE LEADERSHIP AND DIRECTOR OF FINANCIAL OPERATIONS. ALL EDUCATIONAL STIPENDS ARE FULLY DOCUMENTED. A SMALL PORTION OF STUDENT TRANSPORTATION COSTS ARE SUBSIDIZED. STUDENT TRANSPORTATION SUBSIDIES ARE ALSO MONITORED AND APPROVED, ON AN ON-GOING BASIS, BY PROGRAM MANAGER, SITE LEADERSHIP AND DIRECTOR OF FINANCIAL OPERATIONS. TRANSPORTATION SUBSIDIES ARE ALSO FULLY DOCUMENTED. STUDENTS EARN COLLEGE CREDITS THROUGH PROGRAM PARTICIPATION. X X X 0 0 0 0 0 0 0 0 0 GERALD CHERTAVIAN CHIEF EXECUTIVE OFFICER 524037 0 0 0 0 0 25000 0 19318 0 568355 0 0 0 CYRIL TURNER PRESIDENT (AS OF 3/19) 282692 0 0 0 0 0 8750 0 16288 0 307730 0 0 0 ELLEN MCCLAIN CHIEF FINANCIAL OFFICER 250269 0 0 0 0 0 0 0 19318 0 269587 0 0 0 JOHN BRADLEY CHIEF OPERATING OFFICER 244990 0 0 0 0 0 1772 0 7077 0 253839 0 0 0 SARAH ANGEL-JOHNSON CIO (AS OF 6/19) 139615 0 0 0 0 0 2885 0 11490 0 153990 0 0 0 BELINDA STUBBLEFIELD MANAGING DIRECTOR, STRATEGIC PARTNER 254813 0 0 0 0 0 6491 0 7077 0 268381 0 0 0 CASEY RECUPERO NATIONAL SITE DIRECTOR 273956 0 0 0 0 0 13698 0 19318 0 306972 0 0 0 DWIGHT POWERY NATIONAL SITE DIRECTOR 219075 0 0 0 0 0 10035 0 7077 0 236187 0 0 0 JASON BANFIELD NATIONAL SITE DIR (UNTIL 11/2019) 298291 0 0 0 0 0 9716 0 19318 0 327325 0 0 0 JEFFREY ARTIS NATIONAL DIRECTOR OF CORPO 249637 0 0 0 0 0 12482 0 19318 0 281437 0 0 0 JOHN GALANTE NATIONAL SITE DIRECTOR 206923 0 0 0 0 0 10346 0 19318 0 236587 0 0 0 ROLAND SELBY JR NATIONAL SITE DIRECTOR 182804 0 0 0 0 0 9040 0 19318 0 211162 0 0 0 SHAWN BOHEN NATIONAL DIR OF STRATEGIC 252413 0 0 0 0 0 12621 0 19318 0 284352 0 0 0 SUSAN MURRAY NATIONAL DIRECTOR OF DEVEL 244860 0 0 0 0 0 9587 0 19318 0 273765 0 0 0 ELYSE ROSENBLUM SENIOR DIRECTOR GRADS OF LIFE 222876 0 0 0 0 0 6859 0 19318 0 249053 0 0 0 JULIE WOLPOV SENIOR DIRECTOR OF PHILANTHROPY 199228 0 0 0 0 0 9962 0 19318 0 228508 0 0 0 MEREDITH JAREMCHUK NATIONAL DIRECTOR PROGRAM 202303 0 0 0 0 0 9677 0 19318 0 231298 0 0 0 ROBERTO ZELEDON CHIEF MARKETING OFFICER 191888 0 0 0 0 0 9594 0 19318 0 220800 0 0 0 SUZANNE BERGER CAMPAIGN DIRECTOR, DEVELOPMENT 321631 0 0 0 0 0 8792 0 19318 0 349741 0 0 0 X 23 543662 FAIR MARKET VALUE 0 1 1 PART I, COLUMN (B): THERE WERE 23 CONTRIBUTIONS OF DONATED STOCK. PART I, LINE 32B: THE ORGANIZATION USES FIDELITY INVESTMENTS AND U.S. TRUST TO SELL DONATED STOCK. FORM 990, PART III, LINE 4A - PROGRAM SERVICE ACCOMPLISHMENTS: YEAR UP IS A NATIONAL NONPROFIT ORGANIZATION THAT ENABLES LOW-INCOME YOUNG ADULTS (AGES 18-24) TO MOVE FROM POVERTY TO PROFESSIONAL CAREERS IN ONE YEAR. WE SEEK TO CLOSE THE OPPORTUNITY DIVIDE-THE GAP BETWEEN THOSE WHO HAVE ACCESS TO EDUCATION, RESOURCES, AND LIVING-WAGE EMPLOYMENT, AND THOSE WHO DO NOT. YEAR UP'S MISSION IS TO CLOSE THE OPPORTUNITY DIVIDE BY PROVIDING URBAN YOUNG ADULTS WITH THE SKILLS, EXPERIENCE, AND SUPPORT THAT WILL EMPOWER THEM TO REACH THEIR POTENTIAL THROUGH PROFESSIONAL CAREERS AND HIGHER EDUCATION. IN ACHIEVING OUR MISSION, YEAR UP ACTS AS AN "OPPORTUNITY BROKER" BETWEEN YOUNG ADULTS AND CORPORATIONS LACKING ACCESS TO A WELL-TRAINED WORKFORCE AND A PIPELINE OF TALENT FOR APPROXIMATELY 14 MILLION VACANT JOBS THAT COMPANIES WILL STRUGGLE TO FILL BETWEEN NOW AND 2020. FORM 990, PART VI, SECTION B, LINE 11B THE FULL 990 IS REVIEWED IN DETAIL BY THE AUDIT COMMITTEE AT A FULL AUDIT COMMITTEE MEETING WITH OUR 990 PREPARER IN ATTENDANCE. THE CHAIR OF THE AUDIT COMMITTEE THEN REPORTS TO THE BOARD ANY CONCERNS ARISING FROM THE 990 OR STATES THAT THERE WERE NO ISSUES ARISING FROM THE 990 AND ASKS THAT THE FULL BOARD VOTE TO APPROVE THE 990. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR ALL MEMBERS OF THE BOARD AND ALL KEY MANAGEMENT EMPLOYEES MUST SIGN THE CONFLICT OF INTEREST POLICY AND TAKE THIS INTO CONSIDERATION AS PART OF THE DUE DILIGENCE FOR ALL BUSINESS TRANSACTIONS. AFTER A DISCLOSURE OF A FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER A DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE REMAINING BOARD OR COMMITTEE MEMBERS DISCUSS AND DETERMINE BY VOTE WHETHER A CONFLICT OF INTEREST EXISTS. IF A POTENTIAL CONFLICT OF INTEREST EXISTS, A VOTE ON WHETHER OR NOT TO ENTER INTO THE TRANSACTION WILL BE TAKEN BY THE DISINTERESTED DIRECTORS OR MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR UP STAFF MEMBER, INCLUDING THE CEO, RECEIVES A 360 DEGREE REVIEW, WHICH INCLUDES A REVIEW FROM LOCAL OR NATIONAL BOARD FOR SENIOR EXECUTIVES, PRIOR TO RECEIVING A SALARY ADJUSTMENT. THIS REVIEW OCCURS ANNUALLY. INPUTS TO SALARY INCREASE ARE INFORMED BY A NUMBER OF FACTORS, INCLUDING BUT NOT LIMITED TO, COMPETENCY, PROFICIENCY, PERFORMANCE, EXPERIENCE, GEOGRAPHY, ORGANIZATIONAL GROWTH AND OVERALL ECONOMY. THE GOVERNING BOARD REVIEWS PERFORMANCE EVALUATIONS, SALARIES AND RECOMMENDATIONS FOR INCREASES FOR ALL YEAR UP EXECUTIVES ANNUALLY TO ENSURE OUR COMPENSATION SYSTEM IS FAIR AND EQUITABLE, AND IN LINE WITH MARKET ANALYSIS. YEAR UP SALARIES AND SALARY BANDS ARE REVIEWED AGAINST MARKET DATA ON AN ON-GOING BASIS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS AVAILABLE ON OUR WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE SELECTION PROCESS HAS NOT CHANGED DURING THE TAX YEAR. YEAR UP PROFESSIONAL RESOURCES 4601 DTC BLVD SUITE 650 DENVER CO 80237 455023664 STAFFING AND RECRUITING DE YEAR UP INC C 1940042 1893934 1.00000 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 YEAR UP PROFESSIONAL RESOURCES M 166968 FAIR MARKET VALUE