Overview
What is Year Up Inc?
Year Up Inc is a mission-driven nonprofit organization dedicated to bridging the opportunity gap for urban young adults. Their primary goal is to equip young individuals with the necessary skills, hands-on experience, and essential support to unlock their full potential through successful careers and higher education. By offering a unique and intensive training program, Year Up empowers its participants to secure stable employment and advance their academic pursuits.
Official website here: www.yearupunited.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)
Year Up Inc has achieved a perfect score of 100% on Charity Navigator, indicating exceptional accountability and financial health. This rating reflects strong management practices, with full scores in all categories assessed, including accountability, leadership, and community engagement. The organization demonstrates transparency with its policies and procedures, which are readily available on its website, while also maintaining a diverse and independent board.
However, user reviews present a more complex picture. Some former clients express disappointment and frustration, alleging unethical practices and a lack of accountability within the organization. Reports of a toxic work environment and unmet expectations for program participants raise concerns about the actual impact of the services provided. While some individuals credit Year Up with life-changing opportunities and support, these contrasting experiences suggest a need for the organization to address its internal culture and strengthen its relationships with both clients and staff.
In summary, while Year Up Inc is recognized for its strong financial performance and governance, user feedback highlights significant criticisms that could affect its credibility and effectiveness. The disparity between the high ratings and the negative reviews indicates areas for improvement, particularly in program delivery and the organizational environment.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Year Up Inc legitimate?
Year Up Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Year Up Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,738,145
Professional Fundraising Fees: $0
Other Salaries and Wages: $73,004,246
For more financial information, click here
Official website here: www.yearupunited.org
What is the mission statement of Year Up Inc?
Year Up Inc is dedicated to bridging the opportunity gap for young adults. Through its mission, the organization aims to equip these individuals with essential skills, valuable experiences, and crucial support. Empowering them to unlock their full potential, Year Up facilitates their journey towards successful careers and higher education. By providing a comprehensive learning environment, Year Up's goal is to help young adults thrive and reach their aspirations.
Official website here: www.yearupunited.org
Who is the CEO of Year Up Inc?
Ellen Mcclain Haime is the CEO of Year Up Inc The CEO's salary of Year Up Inc is $550,000 and their total compensation is $603,001.
Official website here: www.yearupunited.org
What is the revenue of Year Up Inc?
Year Up Inc's revenue in 2024 was $151,920,400.
Official website here: www.yearupunited.org
Who are the executives of Year Up Inc and what are their salaries?
The average compensation at Year Up Inc during 2024 was $94,005. There are 827 employees and 1308 volunteers at Year Up Inc.
Here are 39 key members and their salaries (Year Up Inc's CEO's salary is $550,000 and their total compensation is $603,001):
- Compensation: $627,532
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- Other: $60,473
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- Compensation: $550,000
- Related: $0
- Other: $53,001
- Compensation: $364,385
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- Other: $48,895
- Compensation: $308,846
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- Other: $46,118
- Compensation: $61,827
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- Other: $5,124
- Compensation: $259,615
- Related: $0
- Other: $12,981
- Compensation: $354,916
- Related: $0
- Other: $38,649
- Compensation: $309,039
- Related: $0
- Other: $24,022
- Compensation: $285,962
- Related: $0
- Other: $24,216
- Compensation: $254,615
- Related: $0
- Other: $32,933
- Compensation: $249,704
- Related: $0
- Other: $43,157
- Compensation: $239,423
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- Other: $38,032
- Compensation: $196,567
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- Other: $25,794
- Compensation: $194,083
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- Other: $28,236
- Compensation: $266,895
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- Other: $31,538
- Compensation: $243,885
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- Other: $41,304
- Compensation: $240,408
- Related: $0
- Other: $10,635
- Compensation: $232,550
- Related: $0
- Other: $22,262
- Compensation: $229,975
- Related: $0
- Other: $40,288
Official website here: www.yearupunited.org
Where can I find the form 990 for Year Up Inc?
Year Up Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.yearupunited.org
Learn more at the official website: www.yearupunited.org
Mission Statement of Year Up Inc
Year Up Inc, a mission-driven organization, strives to eliminate the Opportunity Divide by equipping young adults with the necessary skills, real-world experiences, and essential support that will enable them to unlock their full potential through successful careers and higher education. By providing urban youth with valuable opportunities, Year Up empowers them to overcome societal barriers and pursue promising futures.
Through its innovative approach, Year Up bridges the gap between education and employment for young people. The organization's primary focus lies in ensuring that they gain the essential technical and professional abilities that are sought after in today's competitive job market. By offering intensive training programs and hands-on experience, Year Up prepares young adults for rewarding careers while also providing them with the resources and guidance needed to continue their education.
Year Up's impactful initiatives go beyond just teaching skills. The organization understands that every young adult's journey is unique, and that's why they provide vital support systems tailored to their individual needs. Year Up's commitment to their students does not end with their professional development; they also offer personalized guidance and resources to help them navigate challenges and reach their goals.
In essence, Year Up Inc serves as a catalyst for positive change in the lives of young adults. By providing them with the skills, experiences, and support necessary to succeed, the organization opens doors to endless opportunities and empowers the next generation to reach their full potential.
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Impact
October, 2024
Year Up Inc plays a pivotal role in addressing social inequality by equipping urban young adults with the necessary skills and support to thrive in their careers and pursue higher education. By focusing on the Opportunity Divide, the organization empowers individuals to realize their potential, enhancing their employability and life prospects. Through a combination of professional training, mentorship, and experiential learning, Year Up fosters personal and professional growth, ensuring that young adults not only gain valuable technical skills but also the confidence and networks needed to navigate the workforce. The impact of Year Up extends beyond individual success; it contributes to stronger communities and a more equitable society by bridging the gap between those who have access to opportunities and those who do not.
This information is meant to be a general summary of Year Up Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $3,123,402
- Program Service Revenue: $82,637,323
- Gross Receipts: $174,339,332
Assets and Liabilities:
- Total Assets: $226,416,191
- Total Liabilities: $49,954,096
- Net Assets: $176,462,095
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$82,637,323
Organization Details
Founding Year
2000
Principal Officer
Ellen Mcclain Haime
Website
www.yearupunited.orgNTEE Category
Code: B41 - Education
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