Form 990 for tax year 2025

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $7,699,469

• 1e · Government grants (contributions)

  $698,432

• 1f · All other contributions, gifts and grants

  $51,192,726

• 1g · Noncash contributions included above

  $3,442,684

• 2a · Program service revenue: PROGRAM SERVICE REVENUE

  total $72,298,687 · related or exempt $72,298,687

• 3 · Investment income

  total $3,161,253 · excluded $3,161,253

• 6a · Gross rents

  real property $689,567

• 6b · Less rental expenses

  real property $689,567

• 6c · Rental income or loss

  real property $0

• 7a · Gross sales of assets other than inventory

  securities $30,497,593

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

  securities $29,529,082

• 7c · Gain or loss

  securities $968,511

• 7d · Net gain or loss

  total $968,511 · related or exempt $968,511

• 8a · Fundraising events: gross income

  $615,204

• 8a · Fundraising events: contributions included on line 1c

  $7,699,469

• 8b · Fundraising events: direct expenses

  $1,153,207

• 8c · Net income from fundraising events

  total -$538,003 · excluded -$538,003

• 11a · Other revenue: MISCELLANEOUS

  total $262,410 · related or exempt $262,410

• 11e · Other revenue, total

  $262,410

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $26,705,461 · program services $26,705,461

• 5 · Compensation of officers, directors and key employees

  total $4,145,470 · program services $2,158,375 · management and general $1,987,095

• 7 · Other salaries and wages

  total $72,882,707 · program services $54,451,041 · management and general $11,726,272 · fundraising $6,705,394

• 8 · Pension plan contributions

  total $3,157,955 · program services $2,336,257 · management and general $523,455 · fundraising $298,243

• 9 · Other employee benefits

  total $14,252,787 · program services $11,400,234 · management and general $1,728,394 · fundraising $1,124,159

• 10 · Payroll taxes

  total $5,453,694 · program services $3,981,197 · management and general $981,665 · fundraising $490,832

• 11a · Fees: management

  total $2,905,104 · program services $2,905,104

• 11b · Fees: legal

  total $69,812 · management and general $69,812

• 11c · Fees: accounting

  total $191,772 · management and general $191,772

• 11f · Fees: investment management

  total $170,983 · management and general $170,983

• 11g · Fees: other

  total $1,987,881 · program services $31,968 · management and general $1,692,272 · fundraising $263,641

• 12 · Advertising and promotion

  total $4,260,050 · program services $4,076,313 · management and general $71,574 · fundraising $112,163

• 13 · Office expenses

  total $3,095,854 · program services $1,421,473 · management and general $1,662,711 · fundraising $11,670

• 14 · Information technology

  total $8,789,139 · program services $7,340,933 · management and general $983,017 · fundraising $465,189

• 16 · Occupancy

  total $4,975,893 · program services $3,258,709 · management and general $1,715,572 · fundraising $1,612

• 17 · Travel

  total $2,637,261 · program services $1,945,804 · management and general $429,281 · fundraising $262,176

• 22 · Depreciation, depletion and amortization

  total $4,021,409 · program services $3,114,937 · management and general $710,969 · fundraising $195,503

• 24a · Other expenses: STUDENT RELATED DIRECT

  total $10,254,393 · program services $10,254,393

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,352,112 · end of year $6,725,093

• 2 · Savings and temporary cash investments

  beginning of year $41,461,407 · end of year $23,964,584

• 3 · Pledges and grants receivable

  beginning of year $33,907,709 · end of year $18,260,769

• 4 · Accounts receivable

  beginning of year $4,567,748 · end of year $2,378,566

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,560,609 · end of year $2,305,481

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

  $49,573,346

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

  $35,484,659

• 10c · Land, buildings and equipment, net

  beginning of year $14,669,633 · end of year $14,088,687

• 11 · Investments: publicly traded securities

  beginning of year $60,363,975 · end of year $59,177,114

• 15 · Other assets

  beginning of year $17,336,935 · end of year $14,158,061

• 17 · Accounts payable and accrued expenses

  beginning of year $11,358,931 · end of year $11,680,382

• 19 · Deferred revenue

  beginning of year $3,988,315 · end of year $2,062,506

• 25 · Other liabilities

  beginning of year $19,260,326 · end of year $13,721,774

• 27 · Net assets without donor restrictions

  beginning of year $87,440,479 · end of year $76,799,002

• 28 · Net assets with donor restrictions

  beginning of year $57,172,077 · end of year $36,794,691

The filer's explanations (Part III)

PART I, LINE 4A

THE FOUNDER AND FORMER CEO, GERALD CHERTAVIAN, RETIRED FROM THAT ROLE IN 2023 AFTER 23 YEARS OF DEDICATED SERVICE TO YEAR UP AND ITS CONSTITUENTS AND RECEIVED A SEVERANCE PAYMENT OF $203,667 IN 2025. HE CURRENTLY SERVES IN A PART-TIME CAPACITY AS SPECIAL ADVISOR. ELLEN MCCLAIN HAIME RECEIVED A SEVERANCE PAYMENT OF $41,654 IN 2025.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• YEAR UP PROFESSIONAL RESOURCES

  C · STAFFING AND RECRUITING · DE · 100% owned · share of income $5,944,892 · share of assets $9,584,579 · controlled entity

  Directly controlled by YEAR UP INC