Upward Bound House
- Assets
- $13.4m
- Revenue
- $9.0m
- Investments
- $0.0
- Employees
- 56
- Location
- Santa Monica, CA
- Founding
- 07/1995
- Data as of
- 12/2023
- EIN
- 95-4288926
Organization Overview
Upward Bound House is located in Santa Monica, CA. The organization was established in 1995. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2023, Upward Bound House employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Upward Bound House 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 12/2023, Upward Bound House generated $9.0m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $8.5m during the year ending 12/2023. While expenses have increased by 13.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MOVING HOMELESS FAMILIES WITH CHILDREN BACK INTO PERMANENT HOUSING
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERIM HOUSING - IN 2023, THE ORGANIZATION SERVED 450 FAMILIES (501 ADULTS AND 819 CHILDREN). OF THE 330 FAMILIES WHO EXITED THE ORGANIZATION'S PROGRAMS, 65% MOVED TO PERMANENT HOUSING AND 42% INCREASED THEIR INCOME THROUGH EMPLOYMENT. WESTSIDE HOUSING STABILITY PROGRAM - THE PROGRAM CONSISTS OF FAMILY PLACE (SANTA MONICA), A TRANSITIONAL HOUSING FACILITY (21 ONE-BEDROOM APARTMENTS) OFFERING PSYCHOSOCIAL AND MENTAL HEALTH SERVICES TO HOMELESS FAMILIES FOR UP TO 9 MONTHS, AND FAMILY SHELTER (CULVER CITY), AN EMERGENCY SHELTER (18-STUDIO UNITS) OFFERING COMPREHENSIVE SERVICES TO FAMILIES FOR UP TO 4 OR 5 MONTHS.
PERMANENT HOUSING - SOUTH LOS ANGELES HOUSING STABILITY PROGRAM - THE PROGRAM CONSISTS OF EMERGENCY SHELTER (4 FACILITIES IN SOUTH LA) AND RAPID REHOUSING (RRH) SERVICES FOR HOMELESS FAMILIES. THE ORGANIZATION OPERATES ITS RRH SERVICES FROM OFFICES LOCATED WITHIN THE COMPTON UNIFIED SCHOOL DISTRICT AND THE FIRST UNITED METHODIST CHURCH OF COMPTON. THE 4 EMERGENCY SHELTERS OFFER 24-HOUR CRISIS HOUSING, AND WRAPAROUND SERVICES, FOR UP TO 4 TO 5 MONTHS PER FAMILY. RRH MOVES HOMELESS FAMILIES FROM SHELTERS INTO PERMANENT HOUSING AS QUICKLY AS POSSIBLE BY PROVIDING PROACTIVE LANDLORD OUTREACH AND HOUSING SEARCH ASSISTANCE, COUPLED WITH INDIVIDUALIZED FINANCIAL ASSISTANCE (E.G. SECURITY DEPOSITS, SHORT-TERM RENT SUBSIDIES). ONCE IN HOUSING, FAMILIES PARTICPATE IN TIME-LIMITED, INTENSIVE, IN-HOME SERVICES DESIGNED TO ADDRESS PARENT, CHILD AND FAMILY BARRIERS TO HOUSING AND SCHOOL STABILITY, ECONOMIC SECURITY AND OVERALL WELL-BEING. THE ORGANIZATION CLOSELY COLLABORATES WITH THE SPA 6 FAMILY SOLUTIONS CENTER OPERATED BY SSG/HOPICS TO ACCEPT REFERRALS AND COORDINATE SERVICES.
HEALTH & WELLNESS - WELLNESS AND FARM PROGRAM - THE FARM PROGRAM, LOCATED IN SANTA MONICA, PROVIDES AND ENVIRONMENT FOR PARENTS AND CHILDREN TO LEARN HOW TO GROW AND PREPARE THEIR OWN FOOD THROUGH FUN, INTERACTIVE WORKSHOPS AND HANDS-ON INSTRUCTION, WITH THE GOAL OF INCREASING FOOD SECURITY AND PROMOTING HEALTHY EATING HABITS. HEALTHY LIVING PROGRAM - THE PROGRAM USES AN URBAN FARM (OWNED BY THE ORGANIZATION) AS A THERAPEUTIC OUTLET TO TEACH LIFE SKILLS, PROVIDE JOB TRAINING, AND BUILD CLIENT CONFIDENCE AND SELF-ESTEEM. PARENT AND THEIR CHILD(REN), DEPENDING ON AGE, PARTICIPATE IN THE SELECTION, PLANTING, CARE AND CULTIVATION OF CROPS AS WELL AS CLASSES IN NUTRITION, COOKING AND HEALTHY LIVING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Mirasy-Glasco CEO & President | Officer | 40 | $228,431 |
Tara Brown Director Of Administration | 40 | $118,238 | |
Cindy Maroun President | OfficerTrustee | 5 | $0 |
Glenda Martinez Vice President | OfficerTrustee | 5 | $0 |
Tracy Edwards Treasurer | OfficerTrustee | 5 | $0 |
Ryan Leggio Secretary | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Robert Half Staffing Services | 12/30/23 | $217,805 |
Noble Accounting Llc Accounting Services | 12/30/23 | $146,520 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,852,520 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,910,950 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,763,470 |
| Total Program Service Revenue | $69,483 |
| Investment income | $189,369 |
| 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 | $9,022,323 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $239,198 |
| Compensation of current officers, directors, key employees. | $7,430 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,658,193 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $294,034 |
| Payroll taxes | $180,075 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $213,942 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $221,678 |
| Advertising and promotion | $27,222 |
| Office expenses | $113,089 |
| Information technology | $27,663 |
| Royalties | $0 |
| Occupancy | $1,078,428 |
| Travel | $49,167 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,575 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $177,649 |
| Insurance | $21,886 |
| All other expenses | $189,869 |
| Total functional expenses | $8,525,680 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,662,608 |
| Savings and temporary cash investments | $154,631 |
| Pledges and grants receivable | $1,316,560 |
| Accounts receivable, net | $45,204 |
| 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 | $184,457 |
| Net Land, buildings, and equipment | $4,443,935 |
| Investments—publicly traded securities | $139,906 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $139,698 |
| Other assets | $293,929 |
| Total assets | $13,380,928 |
| Accounts payable and accrued expenses | $309,654 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $22,871 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,784,638 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,117,163 |
| Net assets without donor restrictions | $9,245,929 |
| Net assets with donor restrictions | $2,017,836 |
| 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 | $13,380,928 |