2018-02-13T11:58:57-06:00 2017-06-30 043027605 SAMET & COMPANY PC 1330 BOYLSTON STREET CHESTNUT HILL MA 024672111 990 2016-07-01 461314848 UASPIRE INC UASP 6177787195 31 MILK STREET NO 900 BOSTON MA 02109 ROBERT GIANNINO CHIEF EXECUTIVE OFFICER 6177787195 2018-02-06 1 PAUL FORD CPA P01332603 6177311222 173.166.42.113 2018-02-06 20:19:17 ES P 0B503D06D8E47CD3BEE239574EFAC67D423A219D 0B083B0EC609EB43983E2530F19E83EF113A284C 2016 2021-01-29 14:40:06Z ROBERT GIANNINO 31 MILK STREET NO 900 BOSTON MA 02109 8081289 0 X WWW.UASPIRE.ORG X 2012 MA UASPIRE WORKS TO ENSURE THAT ALL YOUNG PEOPLE HAVE THE FINANCIAL INFORMATION AND RESOURCES NECESSARY TO FIND AN AFFORDABLE PATH TO - AND THROUGH - A POSTSECONDARY EDUCATION. 15 15 101 76 0 0 5409806 5707943 2002838 2259442 39504 34688 -65420 -38361 7386728 7963712 251648 182000 0 0 4846136 5739847 0 0 1938976 1417056 1507121 6514840 7428968 871888 534744 2454648 3161625 428330 574794 2026318 2586831 X UASPIRE WORKS TO ENSURE THAT ALL YOUNG PEOPLE HAVE THE FINANCIAL INFORMATION AND RESOURCES NECESSARY TO FIND AN AFFORDABLE PATH TO - AND THROUGH - A POSTSECONDARY EDUCATION. 0 0 3104245 1124985 WORKING IN COORDINATION WITH GUIDANCE COUNSELORS, UASPIRE PROVIDES IN-SCHOOL COLLEGE FINANCIAL AID ADVISING TO LITERALLY THOUSANDS OF HIGH SCHOOL SENIORS IN BOSTON, CAMBRIDGE, SOMERVILLE, MALDEN, LAWRENCE, AND FALL RIVER MASSACHUSETTS AND SAN FRANCISCO, HAYWARD AND OAKLAND CALIFORNIA. 649240 533366 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. 639896 300461 UASPIRE IS WORKING ON A RESEARCH STUDY WITH THE HARVARD GRADUATE SCHOOL OF EDUCATION FUNDED BY THE INSTITUTE OF EDUCATIONAL SCIENCES/US DEPARTMENT OF EDUCATION. THE STUDY IS TITLED "DIGITAL MESSAGING FOR IMPROVING COLLEGE ENROLLMENT AND SUCCESS AND IS TESTING THE EFFECTIVENESS OF STUDENT OUTREACH BY TEXT MESSAGE AND ITS IMPACT ON POSITIVE BEHAVIOR CHANGE PERTAINING TO COLLEGE ENROLLMENT AND PERSISTENCE. 405436 182000 300630 OTHER PROGRAM SERVICES CONSIST OF SCHOLARSHIP ADMINISTRATION INCLUSIVE OF DIRECT DISTRIBUTIONS TO STUDENTS, PROGRAM QUALITY AND EVALUATION, AND POLICY AND SYSTEMS CHANGE EFFORTS ON ISSUES PERTINENT TO COLLEGE AFFORDABILITY AT LOCAL, STATE, AND FEDERAL LEVELS. 405436 182000 300630 4798817 1 1 0 0 0 0 0 0 1 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 19 0 101 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MA FL CA PA X DAVID DORE 6177787195 31 MILK STREET 900 BOSTON MA 02109 ROBERT GIANNINO CHIEF EXECUTIVE OFFICER 45.00 X X 176132 0 13511 MARY JO MEISNER SECRETARY 1.00 X X 0 0 0 EJ LANDRY TREASURER 1.00 X X 0 0 0 SCOTT ALDSWORTH DIRECTOR 1.00 X 0 0 0 MICHELLE ASHA COOPER PHD DIRECTOR 1.00 X 0 0 0 PATTI BELLINGER DIRECTOR 1.00 X 0 0 0 BILL MCCLEMENTS BOARD CHAIR 1.00 X 0 0 0 ALEXANDER PACKARD DIRECTOR 1.00 X 0 0 0 CYNTHIA RIVERA WEISSBLUM DIRECTOR 1.00 X 0 0 0 MANDY SAVITZ-ROMER 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 ALI EL ABBOUD DIRECTOR 1.00 X 0 0 0 NADINE DUPLESSY KEARNS DIRECTOR 1.00 X 0 0 0 HO NAM DIRECTOR 1.00 X 0 0 0 BETH TERRANA DIRECTOR 1.00 X 0 0 0 ERIN COX PRESIDENT 45.00 X 138805 0 18404 DAVID DORE CHIEF FINANCE & OPERATIONS 40.00 X 141938 0 18919 WALTER DEGUGLIELMO CHIEF EXTERNAL AFFAIRS OFF 50.00 X 132779 0 6865 GABRIELLE KING-MORSE EXECUTIVE DIRECTOR, MASSAC 45.00 X 144968 0 19068 JENNIFER LARA FOX EXECUTIVE DIRECTOR, BAY AR 45.00 X 131722 0 11578 LAURA KEANE VICE PRESIDENT OF INNOVATI 45.00 X 126347 0 6493 992691 0 94838 7 0 1 0 0 346928 5361015 57877 5707943 COLLEGE AFFORDABILITY 611710 1124985 1124985 1134457 1134457 2259442 34688 34688 79216 346928 117577 -38361 -38361 7963712 2259442 0 -3673 182000 182000 456766 299253 43294 114219 4314242 2823950 408816 1081476 164299 109768 9135 45396 427196 278487 46628 102081 377344 247017 35758 94569 30999 12928 2909 15162 284596 118688 26709 139199 18840 10081 263 8496 33350 14015 12133 7202 130017 85277 12275 32465 381377 249657 36140 95580 255446 151866 9277 94303 22411 22411 8462 8462 SOFTWARE 133308 108609 5781 18918 RECRUITING AND STAFF DE 82725 45901 2072 34752 TELEPHONE AND INTERNET 55108 36075 5222 13811 OTHER EVENT EXPENSE 39946 13301 26645 30536 11944 3890 14702 7428968 4798817 691175 1938976 1162591 1669339 16539 106261 158078 152058 232259 318189 60406 70922 203885 137534 68414 66351 750631 772775 5730 5730 2454648 3161625 262044 350372 14828 48010 151458 176412 428330 574794 X 723825 1108860 744584 920062 557909 557909 2026318 2586831 2454648 3161625 X 534744 25769 51784 -51784 X X 0 1 X 1 0 X 3346934 4041802 5409806 5787159 18585701 206274 1042507 2002838 2259442 5511061 3553208 5084309 7412644 8046601 24096762 0 0 0 24096762 6601 34158 39504 34688 114951 6601 34158 39504 34688 114951 3559809 5118467 7452148 8081289 24211713 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 15828 290747 258565 48010 1 X 562294 43647 4385 601556 607931 4385 50022 562294 557909 50022 0 607931 557909 0 0 557909 0.92740 0.07260 0 0 37528 7925 29603 166357 129609 36748 66351 DEFERRED RENT 176412 176412 X 8158842 25769 51784 77553 8081289 -117577 -117577 7963712 7598329 51784 117577 169361 7428968 0 7428968 PART IV, LINE 2B: THE ORGANIZATION RECEIVED A GRANT ON BEHALF OF ANOTHER NON-PROFIT. THE ENDING BALANCE REPRESENTS FUNDS NOT YET DISTRIBUTED TO THE NON-PROFIT. 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. THE TEMPORARILY RESTRICTED ENDOWMENT CONSISTS OF NET ASSETS USED TO FUND CERTAIN PROGRAMS OF THE ORGANIZATION, AS STIPULATED BY THE DONORS. PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") HAS ISSUED A STANDARD THAT CLARIFIES THE ACCOUNTING AND RECOGNITION OF INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE ORGANIZATION'S INCOME TAX RETURNS. THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE 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 INCOME 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 OPERATING EXPENSES. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THE PAST THREE YEARS. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT EXPENSES SPECIAL EVENT PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES SPECIAL EVENT FIRST ONE - MA 327943 271693 56250 14695 66851 10961 MA INVESTMENT BREAKFAST 64517 45052 19465 19499 692 1 33684 30183 3501 3484 1395 426144 346928 79216 34194 70335 13048 117577 -38361 1 FINANCIAL ASSISTANCE FOR HIGHER EDUCATION 49 182000 BOOK VALUE PART I, LINE 2: THE ORGANIZATION WORKS WITH GUIDANCE COUNSELORS IN BOSTON AND SAN FRANCISCO AREAS TO PROVIDE ACCESS TO FINANCIAL AID. X 0 0 0 0 0 0 0 0 0 ROBERT GIANNINO CHIEF EXECUTIVE OFFICER 176132 0 0 0 0 0 9179 0 4332 0 189643 0 0 0 ERIN COX PRESIDENT 138805 0 0 0 0 0 6768 0 11636 0 157209 0 0 0 DAVID DORE CHIEF FINANCE & OPERATIONS 141938 0 0 0 0 0 7283 0 11636 0 160857 0 0 0 GABRIELLE KING-MORSE EXECUTIVE DIRECTOR, MASSAC 144968 0 0 0 0 0 7432 0 11636 0 164036 0 0 0 X 5 57877 FAIR MARKET VALUE 0 0 0 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 TRUSTEES, WHO IS ALSO A MEMBER OF THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C 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 15A 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, WITH AN EMPHASIS ON THE CHIEF EXECUTIVE OFFICER. THE CHIEF EXECUTIVE OFFICER'S SALARY WAS WITHIN THE RANGE SUGGESTED BY THE CONSULTING FIRM AND WAS APPROVED BY THE PERSONNEL COMMITTEE OF THE ORGANIZATION, WHICH REPORTED ITS CONCLUSION AND PROCESS TO THE ENTIRE BOARD OF DIRECTORS. THERE HAVE BEEN SUBSEQUENT ANNUAL ADJUSTMENTS TO THE CHIEF EXECUTIVE OFFICER'S COMPENSATION THAT HAVE BEEN ESTABLISHED BY THE BOARD OF DIRECTORS. THE CHIEF EXECUTIVE OFFICER DOES 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. FORM 990, PART XI, LINE 9: DONATED SERVICES AND USE OF FACILITIES (EXPENSE) -51,784. FORM 990, PART XII, LINE 2C: THERE HAS NOT BEEN A CHANGE IN THIS PROCESS FROM THE PRIOR TAX YEAR.