Overview
What is Uaspire Inc?
Uaspire Inc is a dedicated nonprofit organization situated in Boston, Massachusetts, with additional locations in San Francisco and Oakland, California, and New York, New York. Their primary mission is to eliminate financial barriers that hinder underrepresented students from pursuing higher education. Through in-school collaborations with guidance counselors, Uaspire offers college financial aid advising to numerous high school seniors in their service areas, including Boston, Cambridge, Somerville, Malden, and Fall River, Massachusetts, as well as San Francisco and Oakland, California, and New York, New York. The organization provides ongoing support to students during their transition to and throughout their first two years of post-secondary education, striving to enhance matriculation and persistence rates. Uaspire Inc employs a team of 87 individuals, working tirelessly to improve the economic mobility of underprivileged students.
Official website here: www.uaspire.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 92% (Four-Star out of Four Star Rating)**
Uaspire Inc has earned a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. This rating reflects a perfect score in key categories such as board independence, financial oversight, and transparency in operations. The organization demonstrates effective management practices, including a solid ratio of liabilities to assets and comprehensive policy listings, which enhances donor confidence.
Despite strong overall ratings, there is a noted area for improvement within the program expense ratio, which stands at 62.19%. While this is a good starting point, it suggests that a higher portion of the budget could be allocated to direct programmatic expenses rather than administrative or fundraising costs. This could enhance the impact of Uaspire's initiatives focused on college access and completion.
User reviews from GreatNonprofits are not available at this time, limiting insights into personal experiences with the organization. However, the strong rating from Charity Navigator indicates a generally favorable perception of Uaspire Inc as a financially responsible and accountable nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Uaspire Inc legitimate?
Uaspire Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Uaspire 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: $1,241,310
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,851,070
For more financial information, click here
Official website here: www.uaspire.org
What is the mission statement of Uaspire Inc?
Uaspire Inc's mission is centered around eradicating financial obstacles that hinder underrepresented students from pursuing a post-secondary degree. They strive to achieve this by developing financial solutions that cater to diverse educational pathways. Uaspire collaborates with guidance counselors to offer in-school college financial aid advising to numerous high school seniors in various locations, such as Boston, Cambridge, Somerville, Malden, Fall River in Massachusetts, San Francisco, and Oakland in California, and New York, New York. Throughout their transition to and the initial stages of their post-secondary education, students also receive ongoing counseling to support their matriculation and persistence.
Official website here: www.uaspire.org
Who is the CEO of Uaspire Inc?
Jaclyn Pinero is the Director of Uaspire Inc. The CEO's salary of Uaspire Inc is $224,044 and their total compensation is $252,947.
Official website here: www.uaspire.org
What is the revenue of Uaspire Inc?
Uaspire Inc's revenue in 2022 was $11,001,635.
Official website here: www.uaspire.org
Who are the executives of Uaspire Inc and what are their salaries?
The average compensation at Uaspire Inc during 2022 was $58,533. There are 87 employees and 38 volunteers at Uaspire Inc.
Here are 41 key members and their salaries (Uaspire Inc's CEO's salary is $224,044 and their total compensation is $252,947):
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Official website here: www.uaspire.org
Where can I find the form 990 for Uaspire Inc?
Uaspire Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uaspire.org
Learn more at the official website: www.uaspire.org
Mission Statement of Uaspire Inc
Uaspire Inc, a nonprofit organization, is committed to eliminating financial barriers that hinder underrepresented students from achieving a post-secondary degree. Their mission is centered around improving the economic mobility of these students by designing financial solutions that cater to various post-secondary pathways. By collaborating with guidance counselors, Uaspire Inc provides in-school college financial aid advising to numerous high school seniors in various cities, such as Boston, Cambridge, Somerville, Malden, Fall River in Massachusetts, as well as San Francisco and Oakland in California, and New York, New York. The organization offers ongoing counseling to support students as they transition to and throughout the first two years of their post-secondary education, aiming to bolster their matriculation and persistence rates.
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Impact
July, 2024
Uaspire Inc works tirelessly to eliminate financial barriers that hinder students from pursuing a postsecondary degree. By partnering with guidance counselors, Uaspire provides invaluable in-school college financial aid advising to thousands of high school seniors in various cities across Massachusetts and California. This guidance extends beyond high school, offering ongoing counseling to students as they transition into and navigate the first two years of their postsecondary education, thereby facilitating matriculation and persistence. Through these efforts, Uaspire is actively contributing to the improved economic mobility of underrepresented students by crafting financial solutions for diverse postsecondary pathways.
This information is meant to be a general summary of Uaspire 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 2022.
- Investment Income: $238,275
- Program Service Revenue: $1,435,971
- Gross Receipts: $13,454,450
Assets and Liabilities:
- Total Assets: $9,973,087
- Total Liabilities: $717,706
- Net Assets: $9,255,381
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COLLEGE AFFORDABILITY ADVISING
Revenue
$1,075,711
TRAINING & TECHNICAL ASSISTANCE
Revenue
$360,260
Organization Details
Founding Year
2012
Phone
(617) 778-7195Principal Officer
Jaclyn Pinero
Main Address
31 MILK STREET 900, BOSTON, MA, 02109
Website
www.uaspire.orgNTEE Category
Code: B82 - Education
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