2015-05-15T12:47:56-05:00 2014-06-30 043027605 SAMET & COMPANY PC 1330 BOYLSTON STREET CHESTNUT HILL MA 024672111 990 2013-07-01 461314848 UASPIRE INC UASP 6177787195 31 MILK STREET NO 900 BOSTON MA 02109 ROBERT GIANNINO-RACINE EXECUTIVE DIRECTOR 6177787195 2015-05-14 1 PAUL FORD CPA P01332603 6177311222 2013 2016-03-07 17:11:31Z X ROBERT GIANNINO-RACINE 31 MILK STREET NO 900 BOSTON MA 02109 3559809 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. 5 5 53 1 0 0 3203457 349751 6601 -56548 3503261 116850 0 1707727 0 482274 509669 2334246 1169015 1465670 288879 1176791 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 1160929 161012 WORKING IN COORDINATION WITH GUIDANCE COUNSELORS, UASPIRE PROVIDES IN-SCHOOL COLLEGE FINANCIAL AID ADVISING TO LITERALLY THOUSANDS OF HIGH SCHOOL SENIORS IN BOSTON AND SPRINGFIELD, MASSACHUSETTS. 462504 45262 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. 116850 143477 UASPIRE PROVIDES NEED-BASED SCHOLARSHIPS TO APPROXIMATELY 219 GRADUATES OF BOSTON AND SPRINGFIELD HIGH SCHOOLS, WHO ARE NOW ATTENDING COLLEGE. 1740283 1 1 0 0 0 0 0 0 1 1 1 0 0 1 0 1 1 1 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 1 0 0 0 1 4 0 53 1 0 0 0 0 0 1 1 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA FL CA PA X DAVID DORE 6177787195 31 MILK STREET 900 BOSTON MA 02109 ERIN COX PRESIDENT 55.00 X X 132376 132376 0 DAVID DORE CHIEF FINANCE & OPERATIONS OFFICER 45.00 X 122848 122848 0 MARY JO MEISNER SECRETARY 3.00 X X 0 0 0 EJ LANDRY TREASURER 3.00 X X 0 0 0 ROBERT GIANNINO-RACINE CHIEF EXECUTIVE OFFICER 55.00 X 152176 152176 0 407400 407400 0 0 0 1 0 0 190796 1595816 1416845 1584379 3203457 SPRINGFIELD PROMISE PR 611710 161012 161012 188739 188739 349751 6601 6601 0 190796 56548 -56548 -56548 3503261 349751 0 -49947 116850 116850 99366 75491 2863 21012 1324715 1006359 38212 280144 47729 32503 5967 9259 107874 73488 13459 20927 128043 97272 3693 27078 439 439 5000 2395 380 2225 69852 34324 5534 29994 50872 37563 1959 11350 19942 12609 6916 417 51144 38853 1475 10816 131988 94981 10564 26443 84608 58981 25627 9068 9068 3482 3482 TELEPHONE AND INTERNET 22988 17464 663 4861 RECRUITING AND STAFF DE 20553 17127 3426 OTHER EVENT EXPENSE 15310 12462 2848 SOFTWARE 12052 9156 348 2548 12371 1966 7106 3299 2334246 1740283 111689 482274 0 370059 0 11914 0 195649 0 60567 0 21245 235572 144421 0 91151 0 577367 0 0 137718 0 1465670 0 71603 0 90636 0 126640 0 288879 X 0 14193 0 604689 0 557909 0 1176791 0 1465670 X 1169015 7776 69102 -69102 X 0 1 X 1 0 X 3346934 3346934 206274 206274 3553208 3553208 0 0 0 3553208 6601 6601 6601 6601 3559809 3559809 0.99810 0.99040 0.00190 0.00960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 146543 55907 90636 1 X 557909 557909 1.00000 0 0 22024 22024 0 154583 63432 91151 58965 58965 0 91151 SECURITY DEPOSIT 137718 137718 X 5185781 7776 69102 1549094 1625972 3559809 -56548 -56548 3503261 4836990 69102 2433642 2502744 2334246 0 2334246 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 X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") 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 ASSESSES THE LIKELIHOOD, BASED ON THEIR TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. IF THE ORGANIZATION INCURS INTEREST OR PENALTIES AS A RESULT OF UNRECOGNIZED TAX BENEFITS THE POLICY IS TO CLASSIFY INTEREST ACCRUED WITH INTEREST EXPENSE AND PENALTIES THEREON WITH OPERATING EXPENSES. THE ORGANIZATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THE PAST THREE YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED PARTY INCOME ON CONSOLIDATED FINANCIAL STATEMENTS PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT EXPENSES SPECIAL EVENT PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES SPECIAL EVENT RELATED PARTY EXPENSES ON CONSOLIDATED FINANCIAL STATEMENTS MA FL FIRST ONE 190796 190796 32412 24136 190796 190796 32412 24136 56548 -56548 1 FINANCIAL ASSISTANCE FOR HIGHER EDUCATION 219 116850 PART I, LINE 2: THE ORGANIZATION WORKS WITH GUIDANCE COUNSELORS AT BOSTON AND SPRINGFIELD HIGH SCHOOLS TO PROVIDE ACCESS TO FINANCIAL AID. X 0 0 0 0 0 0 0 0 0 ERIN COX PRESIDENT 124325 124325 0 0 8051 8051 0 0 0 0 132376 132376 0 0 DAVID DORE CHIEF FINANCE & OPERATIONS OFFICER 117636 117636 0 0 5212 5212 0 0 0 0 122848 122848 0 0 ROBERT GIANNINO-RACINE CHIEF EXECUTIVE OFFICER 143659 143659 0 0 8517 8517 0 0 0 0 152176 152176 0 0 X 1 570582 FAIR MARKET VALUE X RECEIVABLES 1 810559 BOOK X DEPOSIT 1 175394 BOOK X PROPERTY AND 1 23686 NET BOOK VALUE X PREPAID EXPEN 1 4158 BOOK 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE CHIEF ADMINISTRATOR AND FINANCIAL 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 CONFLICTS THAT COULD GIVE RISE TO CONFLICTS IS REVIEWED PERIODICALLY BY THE OPERATIONS DIRECTOR AND THE CHIEF EXECUTIVE OFFICER TO ASCERTAIN WHETHER ANY TRUSTEE, 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, 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 TRUSTEES. THERE HAVE BEEN SUBSEQUENT ANNUAL ADJUSTMENTS TO THE CHIEF EXECUTIVE OFFICER'S COMPENSATION THAT HAVE BEEN ESTABLISHED BY THE BOARD OF TRUSTEES. 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) -69,102. ACTION CENTER FOR COLLEGE EDUCATIONAL SERVICES AND SCHOLARSHIPS FOUNDATION 31 MILK STREET 900 BOSTON MA 02109 043564307 ACCESS WORKS TO ENSURE THAT ALL YOUNG PEOPLE HAVE THE FINANCIAL INFORMATION MA 501(C)(3) 9 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 ACTION CENTER FOR COLLEGE EDUCATIONAL SERVICES AND SCHOLARSHIPS FOUNDATION C 1595816 BOOK OR FMV FOR INVESTMENTS