Overview
What is Upsolve Inc?
Upsolve Inc is a nonprofit organization situated in New York City, specifically at 228 Park Avenue S, providing pro bono legal and educational services. Their primary goal is to assist underprivileged, distressed, and low-income individuals by offering free educational resources, an online community, access to evaluations, and technology tools. In 2022, over two and a half million individuals utilized Upsolve's educational materials, and over 85,000 individuals benefited from their technology tools. Upsolve's initiatives led to the relief of over $120 million in debt by helping individuals file bankruptcy forms. The organization strongly advocates for equal rights under the law through public education, advocacy, and community-based partnerships. In total, Upsolve employs 17 individuals to accomplish its mission.
Official website here: www.upsolve.org
What are the reviews and ratings of this charity?
92% rating from Charity Navigator.
Upsolve Inc has achieved a Four-Star out of Four Star rating, indicating a strong performance in accountability and finance. This high score reflects effective governance and a commitment to transparency, with a notably independent board and robust oversight measures in place. The organization scored 100% in areas such as the absence of material asset diversion and comprehensive policy frameworks.
Financially, Upsolve demonstrates impressive efficiency, with a program expense ratio of 87.55%, meaning a significant majority of its resources directly support its mission. Additionally, its fundraising efficiency ratio is commendable, indicating minimal costs associated with fundraising efforts. The organization also maintains a solid working capital ratio, ensuring it has the resources needed to operate effectively.
While the ratings are strong, the summary does not indicate any specific areas for improvement. Overall, Upsolve Inc appears to be a well-managed nonprofit dedicated to its purpose with a clear focus on accountability and effective use of funds.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Upsolve Inc?
98% of 219 reviewers on Facebook recommend Upsolve Inc. Here is a summary of their reviews:
Many users express strong appreciation for the support and resources provided by Upsolve, highlighting how the organization empowers individuals to navigate bankruptcy processes confidently. One reviewer specifically notes that without Upsolve's assistance, they wouldn't have been able to manage their situation as effectively.
Overall, it’s clear that the nonprofit has made a positive impact, with people feeling grateful for the guidance they received, which suggests that Upsolve truly delivers on its promises to help those in financial distress.
This AI summary has been generated from reviews found on Facebook.
Is Upsolve Inc legitimate?
Upsolve Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Upsolve 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: $201,383
Professional Fundraising Fees: $0
Other Salaries and Wages: $595,110
For more financial information, click here
Official website here: www.upsolve.org
What is the mission statement of Upsolve Inc?
Upsolve Inc's mission is centered around educating, empowering, and serving underprivileged, distressed, and vulnerable populations across the United States. Their primary objective is to help these individuals access their civil rights and liberties that are guaranteed by law. Upsolve provides free financial and legal education, online community support, access to free evaluations, and utilizes technology tools to assist underprivileged, distressed, and low-income individuals. In 2022, over two and a half million people visited Upsolve's website to consume its free education, and over 85,000 people utilized their technology tools. Upsolve members reported relieving over $120 million in debt by filing bankruptcy forms with their tools. Upsolve also advocates for equal rights under the law through public education, advocacy, and community-based partnerships.
Official website here: www.upsolve.org
Who is the CEO of Upsolve Inc?
Jonathan Petts is the Director of Upsolve Inc. The CEO's salary of Upsolve Inc is $36,000 and their total compensation is $36,000.
Official website here: www.upsolve.org
What is the revenue of Upsolve Inc?
Upsolve Inc's revenue in 2022 was $2,351,190.
Official website here: www.upsolve.org
Who are the executives of Upsolve Inc and what are their salaries?
The average compensation at Upsolve Inc during 2022 was $46,853. There are 17 employees and 25 volunteers at Upsolve Inc.
Here are 8 key members and their salaries (Upsolve Inc's CEO's salary is $36,000 and their total compensation is $36,000):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $74,299
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $36,000
- Related: $0
- Other: $0
- Compensation: $201,383
- Related: $0
- Other: $0
- Compensation: $175,000
- Related: $0
- Other: $0
- Compensation: $102,641
- Related: $0
- Other: $0
Official website here: www.upsolve.org
Where can I find the form 990 for Upsolve Inc?
Upsolve Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.upsolve.org
Learn more at the official website: www.upsolve.org
Mission Statement of Upsolve Inc
Upsolve Inc, a mission-driven organization, is dedicated to educating, empowering, and serving underprivileged, distressed, and vulnerable populations throughout the United States. Their primary objective is to help these individuals access the civil rights and liberties secured by law. Through their initiatives, Upsolve aims to level the playing field and ensure that everyone has access to legal resources, regardless of their financial situation.
The organization provides a range of legal-related and educational services. Upsolve offers free financial and legal education, fostering an informed community of individuals who can navigate the complexities of their legal rights. Their online platform is a hub of knowledge, attracting over two and a half million visitors in 2022 alone. Moreover, Upsolve provides access to free evaluations and technology tools, empowering over 85,000 low-income individuals to manage their legal situations.
In 2022, the impact of Upsolve's services was evident as members successfully relieved over $120 million in debt by filing bankruptcy forms generated through Upsolve's tools. The organization's mission extends beyond direct service, as Upsolve advocates for equal rights under the law through public education, community-based partnerships, and advocacy efforts. This holistic approach ensures that Upsolve is not just a service provider, but a catalyst for systemic change in the realm of civil rights and legal accessibility.
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Impact
July, 2024
Upsolve Inc has made a significant impact by providing free financial and legal education, online community support, access to evaluations, and technology tools to underprivileged, distressed, and low-income individuals. In 2022, over two and a half million people visited Upsolve's website for free education, with over 85,000 people utilizing its technology tools. Members of Upsolve confirmed relieving over $120 million in debt by filing bankruptcy forms generated through its tools. Additionally, Upsolve promotes equal rights under the law through public education, advocacy, and community partnerships.
This information is meant to be a general summary of Upsolve 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: $16,413
- Program Service Revenue: $446,459
- Gross Receipts: $2,351,190
Assets and Liabilities:
- Total Assets: $4,097,671
- Total Liabilities: $53,648
- Net Assets: $4,044,023
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR SERVICES
Revenue
$446,459
Organization Details
Founding Year
2017
Phone
(269) 568-9257Principal Officer
Jonathan Petts
Main Address
228 PARK AVENUE S PMB 53933, NEW YORK, NY, 10003
Website
www.upsolve.orgNTEE Category
Code: I83 - Crime
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