Upward Unlimited Foundation
- Assets
- $108.1k
- Revenue
- $158.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Spartanburg, SC
- Founding
- 09/2013
- Data as of
- 09/2022
- EIN
- 45-3444045
Organization Overview
Upward Unlimited Foundation is located in Spartanburg, SC. The organization was established in 2013. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Upward Unlimited Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Upward Unlimited Foundation generated $158.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.3%) each year. All expenses for the organization totaled $10.4m during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Upward Unlimited Foundation has awarded 16 individual grants totaling $10,905,894. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ACCELERATE THE MISSION OF UPWARD UNLIMITED BY CREATING FUNDRAISING OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUPPORTS THE MISSION OF UPWARD UNLIMITED BY CREATING OPPORTUNITIES FOR INDIVIDUALS, INSTITUTIONS, CORPORATIONS, AND FOUNDATIONS TO INVEST IN THE UPWARD UNLIMITED MISSION AND VISION. AS A RESULT THE FOUNDATION HAS HELPED MEET GREATER NEEDS RELATED TO THE MINISTRY'S PURPOSE OF "PROMOTING THE DISCOVERY OF JESUS THROUGH SPORTS."
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tully Brewer Chairman Of Board | OfficerTrustee | 5 | $0 |
Bob Caldwell Vice Chairman | OfficerTrustee | 5 | $0 |
Hugh Brantley Secretary/treasurer | OfficerTrustee | 5 | $0 |
Kevin Drake Executive Director | Officer | 5 | $0 |
Amie Busbee Cfo/assist Treasurer (began 10/21) | Officer | 5 | $0 |
Courtney Shelton Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,515 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,515 |
| Total Program Service Revenue | $0 |
| Investment income | $149,830 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $158,345 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,305,323 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,319 |
| Fees for services: Accounting | $3,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,433 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $44,764 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $10,366,339 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,112 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $108,112 |
| Accounts payable and accrued expenses | $105 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $105 |
| Net assets without donor restrictions | $40,065 |
| Net assets with donor restrictions | $67,942 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $108,112 |
Grants Awarded
Over the last fiscal year, Upward Unlimited Foundation has awarded $10,304,823 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Spartanburg, SC PURPOSE: Scholarshps, Facilities, General Program Assistance | $10,296,823 |
Louisville, KY PURPOSE: General Program Assistance | $8,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Upward Unlimited Foundation has recieved totaling $1,000,000.
| Awarding Organization | Amount |
|---|---|
Upward Unlimited Spartanburg, SC PURPOSE: To support Christian children's and youth ministries | $1,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Christian Foundation Real Property Inc Alpharetta, GA | $69,065,841 | $20,328,188 |
Upward Unlimited Foundation Spartanburg, SC | $108,112 | $158,345 |
Mcmichael Communications Group Inc Atlanta, GA | $7,951,989 | $7,334,064 |
St Marys Highland Hills Inc Athens, GA | $10,415,117 | $5,487,043 |
Family Christian Resource Centers Inc Alpharetta, GA | $59,520,586 | $1,549,000 |
First Baptist Church Foundation Charleston, SC | $17,785,302 | $743,678 |
Rescue Legacy Fund Inc Durham, NC | $26,511,238 | $3,583,922 |
Hopegivers International Inc Columbus, GA | $1,962,256 | $2,287,272 |
St Andrews Church-Mt Pleasant Land Tr Mount Pleasant, SC | $27,158,442 | $3,957,670 |
Teleios Ministry Greenville, SC | $961,922 | $1,336,852 |
Mission Lexington Lexington, SC | $1,675,335 | $1,028,595 |
Los Cabos Jewish Community Center Inc Tucker, GA | $6,357,626 | $484,759 |