Overview
What is Upward Unlimited Foundation?
Upward Unlimited Foundation is a charitable organization situated in Spartanburg, South Carolina, specifically at 198 White Star Point. Its primary function is to facilitate investment in the mission and vision of Upward Unlimited, a nonprofit focused on promoting spiritual growth through sports. By creating fundraising opportunities, the Foundation helps address the financial needs associated with this ministry's purpose, thereby aiding in overcoming potential challenges due to insufficient funding. The Foundation serves as a bridge, connecting various individuals, institutions, corporations, and other foundations to the Upward Unlimited cause.
Official website here: www.upward.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%
The Upward Unlimited Foundation has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. This rating is solely derived from their performance in the Accountability & Finance beacon, reflecting the foundation's financial health and governance practices.
One of the standout features of the organization is its governance structure, which boasts 100% independent board members. This independence is complemented by a comprehensive set of policies, including conflict of interest, whistleblower protections, and document retention, all of which contribute to a transparent and responsible operational framework. Additionally, the foundation maintains a low liabilities-to-assets ratio, suggesting effective financial management.
The organization also excels in program expenses, with 98.19% of their funds allocated directly to programs, showcasing their dedication to maximizing impact. While the data highlights numerous strengths, potential donors and supporters should consider the overall scope of the foundation's programs and their outcomes for a complete understanding of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Upward Unlimited Foundation legitimate?
Upward Unlimited Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Upward Unlimited Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.upward.org
What is the mission statement of Upward Unlimited Foundation?
The Upward Unlimited Foundation's mission is to expedite the objectives of Upward Unlimited by establishing funding opportunities. By doing so, it allows individuals, institutions, and other non-profit organizations to invest in Upward Unlimited's mission, thereby mitigating risks and challenges stemming from insufficient funding. The Foundation supports Upward Unlimited's mission by offering opportunities for individuals, corporations, foundations, and institutions to contribute to the organization's vision, thereby enabling it to fulfill its purpose of promoting the discovery of Jesus through sports, thereby addressing greater needs associated with its mission.
Official website here: www.upward.org
Who is the CEO of Upward Unlimited Foundation?
Kevin Drake is the Executive Director of Upward Unlimited Foundation.
Official website here: www.upward.org
What is the revenue of Upward Unlimited Foundation?
Upward Unlimited Foundation's revenue in 2022 was $158,345.
Official website here: www.upward.org
Who are the executives of Upward Unlimited Foundation and what are their salaries?
There 6 volunteers at Upward Unlimited Foundation.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $186,283
- Other: $24,216
- Compensation: $0
- Related: $33,460
- Other: $1,729
- Compensation: $0
- Related: $117,944
- Other: $11,254
Official website here: www.upward.org
Where can I find the form 990 for Upward Unlimited Foundation?
Upward Unlimited Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.upward.org
Learn more at the official website: www.upward.org
Mission Statement of Upward Unlimited Foundation
Upward Unlimited Foundation's mission is centered around accelerating the goals of Upward Unlimited by facilitating fundraising opportunities. This non-profit organization aims to invite individuals, institutions, and other charitable entities to invest in Upward Unlimited's mission, thereby mitigating the challenges and risks that may arise due to financial constraints. By doing so, the Foundation contributes to fulfilling the ministry's purpose of promoting the discovery of Jesus through sports, thereby meeting broader needs related to this mission.
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Impact
October, 2024
Upward Unlimited Foundation significantly enhances the impact of Upward Unlimited by generating diverse fundraising opportunities. It fosters investment from individuals, institutions, corporations, and other foundations, directly supporting the mission of promoting the discovery of Jesus through sports. This targeted fundraising approach helps address the increasing needs associated with their ministry, ensuring that more people have access to transformative programs and experiences. Operating from Spartanburg, SC, the Foundation plays a vital role in overcoming the financial challenges faced by the ministry, enabling it to reach and inspire a wider audience through its sports initiatives.
This information is meant to be a general summary of Upward Unlimited Foundation. 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 2022.
- Investment Income: $149,830
- Gross Receipts: $158,345
Assets and Liabilities:
- Total Assets: $108,112
- Total Liabilities: $105
- Net Assets: $108,007
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Organization Details
Founding Year
2012
Phone
(864) 949-5700Principal Officer
Kevin Drake
Main Address
198 White Star Point, Spartanburg, SC, 29301
Website
www.upward.orgNTEE Category
Code: X11 - Religion related
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