Totals
- Total revenue
- $11,091,810
- Total expenses
- $9,433,373
- Contributions and grants received
- $9,515,574
- Grants paid
- $76,178
- Program service revenue
- $1,351,446
- Investment income
- $224,790
- Other revenue
- $0
- Total assets, end of year
- $17,046,751
- Total liabilities, end of year
- $806,122
- Net assets or fund balances, end of year
- $16,240,629
- Program services expenses (Part IX)
- $6,084,930
- Management and general expenses
- $1,898,265
- Fundraising expenses
- $1,450,178
- Program service expenses (Part III)
- $6,084,930
Program services were 64.5% 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
$9,515,574
-
1g · Noncash contributions included above
$13,757
-
2a · Program service revenue: COLLEGE AFFORDABILITY ADVISING
total $979,412 · related or exempt $979,412
-
2b · Program service revenue: TRAINING & TECHNICAL ASSISTANCE
total $326,471 · related or exempt $326,471
-
2c · Program service revenue: SCHOLARSHIP ADMIN FEES
total $45,563 · related or exempt $45,563
-
3 · Investment income
total $195,817 · excluded $195,817
-
7a · Gross sales of assets other than inventory
securities $5,618,717
-
7b · Less cost or other basis and sales expenses
securities $5,589,744
-
7c · Gain or loss
securities $28,973
-
7d · Net gain or loss
total $28,973 · excluded $28,973
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $76,178 · program services $76,178
-
5 · Compensation of officers, directors and key employees
total $1,046,896 · program services $728,640 · management and general $134,107 · fundraising $184,149
-
7 · Other salaries and wages
total $4,959,960 · program services $3,452,399 · management and general $635,265 · fundraising $872,296
-
8 · Pension plan contributions
total $179,211 · program services $124,731 · management and general $22,957 · fundraising $31,523
-
9 · Other employee benefits
total $514,796 · program services $358,334 · management and general $65,931 · fundraising $90,531
-
10 · Payroll taxes
total $441,833 · program services $307,536 · management and general $56,591 · fundraising $77,706
-
11b · Fees: legal
total $29,776 · management and general $29,776
-
11c · Fees: accounting
total $114,143 · management and general $114,143
-
11f · Fees: investment management
total $47,748 · management and general $47,748
-
11g · Fees: other
total $925,795 · program services $344,085 · management and general $572,710 · fundraising $9,000
-
12 · Advertising and promotion
total $80,010 · program services $56,963 · management and general $8,806 · fundraising $14,241
-
13 · Office expenses
total $99,424 · program services $67,671 · management and general $14,654 · fundraising $17,099
-
14 · Information technology
total $225,766 · program services $157,143 · management and general $28,917 · fundraising $39,706
-
16 · Occupancy
total $127,280 · program services $56,315 · management and general $48,580 · fundraising $22,385
-
17 · Travel
total $229,258 · program services $159,950 · management and general $29,205 · fundraising $40,103
-
19 · Conferences, conventions and meetings
total $34,943 · program services $23,946 · management and general $4,634 · fundraising $6,363
-
22 · Depreciation, depletion and amortization
total $1,198 · program services $834 · management and general $153 · fundraising $211
-
23 · Insurance
total $13,077 · program services $9,102 · management and general $1,675 · fundraising $2,300
-
24a · Other expenses: STAFF DEVELOPMENT
total $156,761 · program services $109,113 · management and general $20,078 · fundraising $27,570
-
24b · Other expenses: STUDENT ENGAGEMENT
total $49,300 · program services $49,300
-
24c · Other expenses: EVENTS
total $15,914 · program services $1,276 · fundraising $14,638
-
24e · All other expenses
total $64,106 · program services $1,414 · management and general $62,335 · fundraising $357
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,063,990 · end of year $3,085,693
-
2 · Savings and temporary cash investments
beginning of year $83,175 · end of year $69,432
-
3 · Pledges and grants receivable
beginning of year $3,874,252 · end of year $4,487,661
-
4 · Accounts receivable
beginning of year $244,609 · end of year $627,051
-
9 · Prepaid expenses and deferred charges
beginning of year $136,325 · end of year $289,547
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10c · Land, buildings and equipment, net
beginning of year $1,198
-
11 · Investments: publicly traded securities
beginning of year $6,195,608 · end of year $8,487,367
-
15 · Other assets
beginning of year $172,855 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $802,167 · end of year $694,924
-
25 · Other liabilities
beginning of year $285,113 · end of year $111,198
-
27 · Net assets without donor restrictions
beginning of year $7,525,070 · end of year $8,039,601
-
28 · Net assets with donor restrictions
beginning of year $5,159,662 · end of year $8,201,028
Mission and programs · 2023
Mission
UASPIRE'S MISSION IS TO IMPROVE THE ECONOMIC MOBILITY OF UNDERREPRESENTED STUDENTS BY CREATING FINANCIAL SOLUTIONS TO DIVERSE POSTSECONDARY PATHWAYS.
Activities or mission (Part I)
UASPIRE WORKS TO REMOVE FINANCIAL BARRIERS TO A POSTSECONDARY DEGREE.
-
UASPIRE GUIDES STUDENTS, FAMILIES, AND COMMUNITIES TO NAVIGATE COMPLEX FINANCIAL AID SYSTEMS IN PURSUIT OF EQUITABLE ACCESS TO AFFORDABLE POSTSECONDARY PATHWAYS THROUGH IN-PERSON AND VIRTUAL ADVISING. UASPIRE PROVIDES POSTSECONDARY FINANCIAL AID ADVISING TO 10,000 STUDENTS IN LOCATIONS ACROSS MASSACHUSETTS (BOSTON, CAMBRIDGE, SOMERVILLE, MALDEN, AND FALL RIVER) AND THE SAN FRANCISCO BAY AREA (SAN FRANCISCO, OAKLAND, AND HAYWARD) AND NEW YORK, NEW YORK. UASPIRE'S HIGH SCHOOL ADVISING PROGRAM, AFFORD, DELIVERS ROBUST, INDIVIDUALIZED SUPPORT IN THEIR HIGH SCHOOLS AND OVER TEXT MESSAGING TO APPLY FOR FINANCIAL AID, MAKE FINANCIALLY INFORMED COLLEGE DECISIONS, AND SUCCESSFULLY ENROLL. UASPIRE'S POSTSECONDARY ADVISING PROGRAM, SUCCEED, SUPPORTS STUDENTS TO MAINTAIN/SECURE FINANCIAL AID AND MANAGE COLLEGE COSTS TO PERSIST AND ULTIMATELY COMPLETE THEIR DEGREES. UASPIRE ADVISORS SUPPLEMENT HIGH SCHOOL COUNSELORS AND OTHER COMMUNITY-BASED ORGANIZATIONS WHO DEPEND ON UASPIRE TO HELP WITH THE FINANCIAL ISSUES RELATED TO AFFRODABILITY, MATRICULATION AND PERSISTENCE TO A CERTIFICATE OR DEGREE.
Expenses $3,322,007 · Revenue $979,412
-
UASPIRE TRAINS SCHOOL COUNSELORS AND PROGRAM STAFF TO SUPPORT THE STUDENTS THEY WORK WITH THROUGH THE FINANCIAL AID PROCESS. TAILORED TO STAFF'S EXPERIENCE AND STATE CONTEXT, OUR ONLINE AND IN-PERSON COURSES OFFER BEST-IN-CLASS INSTRUCTION, ACTION PLANNING, AND TOOLS TO USE WITH STUDENTS AND FAMILIES. WE ALSO OFFER PRACTITIONERS UNLIMITED ONLINE ACCESS TO UASPIRE'S RESOURCES, TECHNICAL ASSISTANCE, AND FINANCIAL AID EXPERTISE THROUGH OUR PARTNER PORTAL. THROUGH THE PORTAL, MEMBERS CAN REQUEST SUPPORT OR ASK A QUESTION TO GET THE BEST SOLUTION FOR THEIR STUDENTS, FIND HOW-TO VIDEOS AND TOOLS TO SHARE WITH STUDENTS AND FAMILIES, AND STAY CURRENT WITH COLLEGE AFFORDABILITY NEWS.
Expenses $1,542,360 · Revenue $326,471
-
BY LEVERAGING OUR OWN AND OUR STUDENTS' FINANCIAL AID EXPERTISE, UASPIRE ADVOCATES FOR INSTITUTIONAL, STATE, AND FEDERAL POLICY CHANGE TO TRANSFORM FINANCIAL AID AND HIGHER EDUCATION SYSTEMS. WE ALSO RUN A PAID POLICY FELLOWSHIP, WHERE COLLEGE STUDENTS BUILD ADVOCACY SKILLS AND INFLUENCE POLICYMAKERS TO MAKE HIGHER EDUCATION MORE AFFORDABLE AND EQUITABLE.
Expenses $771,181
-
OTHER PROGRAM SERVICES CONSIST OF OUR: 1) CONSULTING PRACTICE WHERE WE COLLABORATE WITH PARTNERS TO ASSESS THEIR NEEDS AND OFFER UNIQUELY DESIGNED SOLUTIONS IN THE AREAS OF CONTENT DEVELOPMENT, PROGRAM IMPROVEMENT AND SYSTEMS CHANGE, BY LEVERAGING OUR FINANCIAL AID EXPERTISE, STUDENT-ADVISING EXPERIENCE, AND STUDENT-CENTERED RESEARCH; AND 2) SCHOLARSHIP AND EMERGENCY AID SUPPORT WHICH IS INCLUSIVE OF THE DISTRIBUTION AND ADMINISTRATION OF FUNDS AS WELL AS PROGRAM QUALITY AND EVALUATION.
Expenses $449,382 · Grants $76,178 · Revenue $45,563
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Kerry Ann JamesKERRY ANN JAMES
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Bill McClementsBILL MCCLEMENTS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Michael BoyleMICHAEL BOYLE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Cynthia Rivera WeissblumCYNTHIA RIVERA WEISSBLUM
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Mark AlperMARK ALPER
DIRECTOR (THRU 8/31/23)
- Total calculated
- $0
- Hours/week
- 1
-
Ho NamHO NAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William Bill MandellWILLIAM BILL MANDELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
May BumarMAY BUMAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Laurie ThomsenLAURIE THOMSEN
DIRECTOR (THRU 8/31/23)
- Total calculated
- $0
- Hours/week
- 1
-
Nadine Duplessy KearnsNADINE DUPLESSY KEARNS
DIRECTOR (THRU 6/30/24)
- Total calculated
- $0
- Hours/week
- 1
-
Pete NovemberPETE NOVEMBER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sydney AtkinsSYDNEY ATKINS
DIRECTOR (THRU 6/30/24)
- Total calculated
- $0
- Hours/week
- 1
-
Amit PatelAMIT PATEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John HudsonJOHN HUDSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sharam PavriSHARAM PAVRI
DIRECTOR (THRU 8/31/23)
- Total calculated
- $0
- Hours/week
- 1
-
Simone Hill OkaforSIMONE HILL OKAFOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Valduvino GoncalvesVALDUVINO GONCALVES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ellyn Charters ZarracinaELLYN CHARTERS ZARRACINA
DIRECTOR (THRU 8/31/23)
- Total calculated
- $0
- Hours/week
- 1
-
Charles ShirleyCHARLES SHIRLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kathryn SchoxKATHRYN SCHOX
DIRECTOR (THRU 9/19/24)
- Total calculated
- $0
- Hours/week
- 1
-
Jenn StredlerJENN STREDLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan CoxJONATHAN COX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Terry Vaughan IIITERRY VAUGHAN III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jaclyn PineroJACLYN PINERO
CHIEF EXECUTIVE OFFICER
- Total calculated
- $256,658
- From this org
- $218,035
- From related orgs
- $0
- Other
- $38,623
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $217,949
- Bonus
- $0
- Other
- $86
- Deferred
- $11,283
- Nontaxable benefits
- $27,340
- Filer's total
- $256,658
-
Janeira ForteJANEIRA FORTE
CHIEF IMPACT OFFICER
- Total calculated
- $200,867
- From this org
- $190,757
- From related orgs
- $0
- Other
- $10,110
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $186,404
- Bonus
- $3,346
- Other
- $1,007
- Deferred
- $9,538
- Nontaxable benefits
- $572
- Filer's total
- $200,867
-
Ayeesha LaneAYEESHA LANE
CHIEF PEOPLE AND OPERATIONS OFFICER
- Total calculated
- $185,390
- From this org
- $170,101
- From related orgs
- $0
- Other
- $15,289
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $169,963
- Bonus
- $0
- Other
- $138
- Deferred
- $8,802
- Nontaxable benefits
- $6,487
- Filer's total
- $185,390
-
Holly MorrowHOLLY MORROW
CHIEF KNOWLEDGE OFFICER
- Total calculated
- $212,335
- From this org
- $179,251
- From related orgs
- $0
- Other
- $33,084
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $175,192
- Bonus
- $3,108
- Other
- $951
- Deferred
- $9,257
- Nontaxable benefits
- $23,827
- Filer's total
- $212,335
-
Anika Van EatonANIKA VAN EATON
VICE PRESIDENT OF POLICY
- Total calculated
- $136,329
- From this org
- $120,721
- From related orgs
- $0
- Other
- $15,608
- Hours/week
- 40
-
Sarah CrookerSARAH CROOKER
SR VICE PRESIDENT, ADVANCEMENT
- Total calculated
- $156,172
- From this org
- $122,203
- From related orgs
- $0
- Other
- $33,969
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $118,066
- Bonus
- $4,086
- Other
- $51
- Deferred
- $6,643
- Nontaxable benefits
- $27,326
- Filer's total
- $156,172
-
Leah McLeanLEAH MCLEAN
VP, DEVELOPMENT OPS & STRATEGY
- Total calculated
- $133,284
- From this org
- $116,939
- From related orgs
- $0
- Other
- $16,345
- Hours/week
- 40
-
Kimberly NidahKIMBERLY NIDAH
VP OF DEVELOPMENT, MA
- Total calculated
- $128,892
- From this org
- $113,834
- From related orgs
- $0
- Other
- $15,058
- Hours/week
- 40
-
Brendan WilliamsBRENDAN WILLIAMS
VICE PRESIDENT OF KNOWLEDGE
- Total calculated
- $144,969
- From this org
- $109,627
- From related orgs
- $0
- Other
- $35,342
- Hours/week
- 40
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Independent compensation consultant
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- DURING THE YEAR, SOME EMPLOYEES RECEIVED NON-FIXED PAYMENTS IN THE FORM OF VARIOUS TYPES OF BONUSES. THEY ARE APPROPRIATELY REPORTED IN PART VII AND SCHEDULE J.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521349349308427
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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