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Nonprofiteer
← UPWARD BOUND YOUTH

Form 990 for tax year 2024

Filed by UPWARD BOUND YOUTH.

Totals

Total revenue
$222,201,859
Total expenses
$32,076,235
Contributions and grants received
$35,919,672
Grants paid
$26,005,110
Program service revenue
$1,990
Investment income
$186,196,677
Other revenue
$83,520
Total assets, end of year
$206,666,740
Total liabilities, end of year
$2,095
Net assets or fund balances, end of year
$206,664,645
Program services expenses (Part IX)
$27,050,543
Management and general expenses
$5,013,868
Fundraising expenses
$11,824
Program service expenses (Part III)
$27,050,543

Program services were 84.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $35,919,672

  • 2a · Program service revenue: REGISTRATION FEES-CONFERENCES

    total $1,990 · related or exempt $1,990

  • 3 · Investment income

    total $4,029,369 · excluded $4,029,369

  • 7a · Gross sales of assets other than inventory

    securities $185,066,396

  • 7b · Less cost or other basis and sales expenses

    securities $2,899,088

  • 7c · Gain or loss

    securities $182,167,308

  • 7d · Net gain or loss

    total $182,167,308 · related or exempt $182,167,308

  • 11a · Other revenue: PARTNERSHIP INCOME

    total $83,520 · related or exempt $83,520

  • 11e · Other revenue, total

    $83,520

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $25,863,632 · program services $25,863,632

  • 3 · Grants to foreign organizations and individuals

    total $141,478 · program services $141,478

  • 5 · Compensation of officers, directors and key employees

    total $330,218 · program services $141,886 · management and general $184,361 · fundraising $3,971

  • 7 · Other salaries and wages

    total $382,969 · program services $312,273 · management and general $70,696

  • 9 · Other employee benefits

    total $98,811 · program services $44,718 · management and general $53,067 · fundraising $1,026

  • 10 · Payroll taxes

    total $54,558 · program services $24,691 · management and general $29,301 · fundraising $566

  • 11a · Fees: management

    total $124,154 · program services $24,848 · management and general $98,736 · fundraising $570

  • 11b · Fees: legal

    total $4,178,721 · management and general $4,178,721

  • 11c · Fees: accounting

    total $80,486 · management and general $80,486

  • 11f · Fees: investment management

    total $88,716 · program services $40,150 · management and general $47,645 · fundraising $921

  • 11g · Fees: other

    total $8,233 · program services $3,726 · management and general $4,422 · fundraising $85

  • 12 · Advertising and promotion

    total $12,053 · program services $5,455 · management and general $6,473 · fundraising $125

  • 13 · Office expenses

    total $50,409 · program services $22,814 · management and general $27,072 · fundraising $523

  • 14 · Information technology

    total $6,376 · program services $2,886 · management and general $3,424 · fundraising $66

  • 16 · Occupancy

    total $13,107 · program services $5,932 · management and general $7,039 · fundraising $136

  • 17 · Travel

    total $153,876 · program services $114,367 · management and general $38,760 · fundraising $749

  • 19 · Conferences, conventions and meetings

    total $50,514 · program services $22,861 · management and general $27,129 · fundraising $524

  • 22 · Depreciation, depletion and amortization

    total $85,760 · program services $61,785 · management and general $23,975

  • 23 · Insurance

    total $25,037 · program services $11,330 · management and general $13,447 · fundraising $260

  • 24a · Other expenses: REPAIRS & MAINTENANCE

    total $164,323 · program services $74,367 · management and general $88,250 · fundraising $1,706

  • 24b · Other expenses: PROGRAM COSTS

    total $105,334 · program services $105,334

  • 24c · Other expenses: PROP ACQ & DEVELOPMENT

    total $37,117 · program services $16,798 · management and general $19,934 · fundraising $385

  • 24d · Other expenses: VEHICLE MAINTENANCE

    total $11,508 · program services $5,209 · management and general $6,180 · fundraising $119

  • 24e · All other expenses

    total $8,845 · program services $4,003 · management and general $4,750 · fundraising $92

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $385,750 · end of year $3,481,989

  • 2 · Savings and temporary cash investments

    beginning of year $7,013,057 · end of year $123,898,659

  • 4 · Accounts receivable

    beginning of year $430,055 · end of year $29,436

  • 7 · Other notes and loans receivable

    end of year $1,375,000

  • 10a · Land, buildings and equipment: cost or other basis

    $396,984

  • 10b · Land, buildings and equipment: accumulated depreciation

    $254,492

  • 10c · Land, buildings and equipment, net

    beginning of year $145,742 · end of year $142,492

  • 11 · Investments: publicly traded securities

    beginning of year $3,043,590 · end of year $20,226,720

  • 12 · Investments: other securities

    beginning of year $3,816,322 · end of year $4,499,934

  • 15 · Other assets

    beginning of year $10 · end of year $53,012,510

  • 17 · Accounts payable and accrued expenses

    beginning of year $13,039 · end of year $2,095

  • 27 · Net assets without donor restrictions

    beginning of year $14,821,487 · end of year $206,664,645

Mission and programs · 2024

Mission

TO DEVELOP AND PROVIDE PROGRAMS, FACILITIES, AND RESOURCES TO AID YOUTH AND THEIR FAMILIES IN THEIR SPIRITUAL, PHYSICAL, EMOTIONAL AND EDUCATIONAL DEVELOPMENT. IN ACCORDANCE WITH OUR SINCERELY HELD RELIGIOUS BELIEFS.

  • YOUTH PROGRAMS, INCLUDING AFTER-SCHOOL, WEEKEND, SUMMER AND HOLIDAY EVENTS TOTALED OVER 6,000 STAFF AND VOLUNTEER HOURS. IN ADDITION, A LIMITED AMOUNT OF HOURS WERE DEVOTED TO DEVELOPING AND PROVIDING WRAP-AROUND-CARE FOR FAMILIES. LASTLY, TIME SPENT IN PLANNING, COORDINATING & IMPLEMENTING PROGRAMS FOR THE LOCAL COMMUNITY ALONG WITH SUPPORT OF OTHER COMPATIBLE NON-PROFIT AND RELIGIOUS MINISTRIES ARE ALSO INCLUDED.

    Expenses $8,935,295 · Grants $8,269,106

  • THE DEVELOPMENT AND TEACHING OF BIBLICAL STUDIES, A CHRISTIAN WORLDVIEW AND SPIRITUAL FORMATION FOR INDIVIDUALS IS AN INTEGRAL PART OF THE MINISTRY WORK. IN ADDITION, COORDINATION OF GRANTS AND PROGRAMS WITH OTHER COMPATIBLE NON-PROFIT AND RELIGIOUS ORGANIZATIONS WAS AN ON-GOING COMPONENT OF THE MINISTRY. LASTLY, EFFORTS TOWARDS UNIVERSITY ACCREDITATION WITH A CHRISTIAN UNIVERSITY WAS ALSO INITIATED. STAFF AND VOLUNTEER HOURS EXCEEDED 3,000 HOURS FOR THE YEAR.

    Expenses $2,324,021 · Grants $2,085,000

  • PROJECT DEVELOPMENT OF MULTI-USE FACILITIES FOR YOUTH AND ADULT EDUCATION, WELLNESS, SPORTS, RECREATION AND SPIRITUAL CARE ARE AN ACTIVE PART OF THE MINISTRY OF UPWARD BOUND YOUTH. MORE THAN 2,000 HOURS WERE INVESTED AND SUBSTANTIAL COORDINATION, PARTICIPATION, AND GRANT-MAKING, WITH COMPATIBLE NON-PROFIT MINISTRIES, WERE INITIATED DURING THE YEAR.

    Expenses $15,791,227 · Grants $15,651,004

As filed on the 2024 return.

Listed in Part VII

  • Richard Jankov

    EXECUTIVE DI

    Total calculated
    $134,900
    From this org
    $134,900
    From related orgs
    $0
    Other
    $0
    Hours/week
    60

  • Stephanie McCoy

    AST. EXEC. D

    Total calculated
    $108,655
    From this org
    $108,655
    From related orgs
    $0
    Other
    $0
    Hours/week
    45

  • Krista Stone

    DIRECTOR

    Total calculated
    $83,589
    From this org
    $83,589
    From related orgs
    $0
    Other
    $0
    Hours/week
    45

  • Margret Jankov

    DIRECTOR

    Total calculated
    $41,574
    From this org
    $41,574
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • John Gutai

    DIRECTOR

    Total calculated
    $11,750
    From this org
    $11,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Nathan Jankov

    DIRECTOR

    Total calculated
    $11,750
    From this org
    $11,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Ron Fairchild

    DIRECTOR

    Total calculated
    $7,250
    From this org
    $7,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • UBY PROPERTY LLC

    PROP MGMT · OH · income $13,420 · assets $52,970,000

    Directly controlled by UBY UPWARD BOUND YOUTH

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.0
Source object
202543189349313594

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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