Civic Intelligence

Up Education Network Inc.

990 • Fiscal year 2013 • EIN 27-2194956

Jul 01, 2012 to Jun 30, 2013 • Filed on Jan 09, 2014

90 Canal Street Suite 61002114
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.32x

Higher debt load relative to assets than 68% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

97th percentile

131%

Faster asset growth than 97% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$1,275,844

Up $723,389 (+131%) from 2012

Net Assets

Up

$865,161

Up $445,383 (+106%) from 2012

Liabilities

Up

$410,683

Up $278,006 (+210%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$3,155,136

Up $1,831,249 (+138%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $788,902Liabilities 2011: $418,255Net Assets 2011: $370,6472011Assets 2012: $552,455Liabilities 2012: $132,677Net Assets 2012: $419,7782012Assets 2013: $1,275,844Liabilities 2013: $410,683Net Assets 2013: $865,1612013Assets 2015: $4,504,457Liabilities 2015: $426,248Net Assets 2015: $4,078,2092015Assets 2016: $3,932,275Liabilities 2016: $437,817Net Assets 2016: $3,494,4582016Assets 2017: $3,427,021Liabilities 2017: $483,564Net Assets 2017: $2,943,4572017Assets 2018: $4,096,779Liabilities 2018: $1,198,614Net Assets 2018: $2,898,1652018Assets 2019: $4,105,199Liabilities 2019: $948,304Net Assets 2019: $3,156,8952019Assets 2020: $5,698,783Liabilities 2020: $2,078,371Net Assets 2020: $3,620,4122020Assets 2021: $5,199,995Liabilities 2021: $780,295Net Assets 2021: $4,419,7002021Assets 2022: $3,246,935Liabilities 2022: $545,334Net Assets 2022: $2,701,6012022Assets 2023: $2,530,669Liabilities 2023: $789,448Net Assets 2023: $1,741,2212023Assets 2024: $3,383,928Liabilities 2024: $1,210,045Net Assets 2024: $2,173,8832024Assets 2025: $2,114,423Liabilities 2025: $284,875Net Assets 2025: $1,829,5482025

Highlighted filing

2013

Assets$1,275,844
Liabilities$410,683
Net Assets$865,161

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2011: $1,429,1922011Expenses 2012: $1,323,8872012Expenses 2013: $3,155,1362013Revenue 2015: $7,133,835Expenses 2015: $5,603,988Net Income 2015: $1,529,8472015Revenue 2016: $6,653,465Expenses 2016: $7,237,216Net Income 2016: -$583,7512016Revenue 2017: $7,278,102Expenses 2017: $7,829,102Net Income 2017: -$551,0002017Revenue 2018: $7,576,434Expenses 2018: $7,621,726Net Income 2018: -$45,2922018Revenue 2019: $6,457,938Expenses 2019: $6,199,208Net Income 2019: $258,7302019Revenue 2020: $6,072,153Expenses 2020: $5,608,636Net Income 2020: $463,5172020Revenue 2021: $6,761,343Expenses 2021: $5,962,055Net Income 2021: $799,2882021Revenue 2022: $4,839,856Expenses 2022: $6,557,955Net Income 2022: -$1,718,0992022Revenue 2023: $2,981,135Expenses 2023: $3,941,515Net Income 2023: -$960,3802023Revenue 2024: $3,488,137Expenses 2024: $3,055,475Net Income 2024: $432,6622024Revenue 2025: $2,424,480Expenses 2025: $2,768,815Net Income 2025: -$344,3352025

Highlighted filing

2013

Revenue-
Expenses$3,155,136
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Jan 9, 2014
Return Version
2012v2.1
Gross Receipts
$3,600,519
Mission and Program Overview

Mission

The principal intent of the organization is to conduct activities to advance education reform in public schools, including public charter schools. Specifically, the organization will engage in activities to support and transform underperforming schools into high-performing schools that ensure all students, from kindergarten through high school, possess the academic and social skills necessary to achieve their full potential and thrive in four-year colleges.

Filing and Contact Details

Filer

EIN
27-2194956
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IRS990/ActivityOrMissionDescription0THE PRINCIPAL INTENT OF THE ORGANIZATION IS TO CONDUCT ACTIVITIES TO ADVANCE EDUCATION REFORM IN PUBLIC SCHOOLS, INCLUDING PUBLIC CHARTER SCHOOLS. SPECIFICALLY, THE ORGANIZATION WILL ENGAGE IN ACTIVITIES TO SUPPORT AND TRANSFORM UNDERPERFORMING SCHOOLS INTO HIGH-PERFORMING SCHOOLS THAT ENSURE ALL STUDENTS, FROM KINDERGARTEN THROUGH HIGH SCHOOL, POSSESS THE ACADEMIC AND SOCIAL SKILLS NECESSARY TO ACHIEVE THEIR FULL POTENTIAL AND THRIVE IN FOUR-YEAR COLLEGES.
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IRS990/Description0UNLOCKING POTENTIAL PARTNERS WITH SCHOOL DISTRICTS TO DELIVER AN OUTSTANDING EDUCATION TO STUDENTS IN GRADES K-8 WHO HAVE BEEN ATTENDING UNDERPERFORMING URBAN DISTRICT SCHOOLS. THE ORGANIZATION HAS RESTARTED AND CONTINUES TO MANAGE FOUR SCHOOLS IN BOSTON AND LAWRENCE, EDUCATING OVER 1,500 STUDENTS.UP ACADEMY DORCHESTER (PART OF THE BOSTON PUBLIC SCHOOLS) OPENED THEIR DOORS AUGUST 27TH TO STUDENTS IN GRADES K-5 AND UP ACADEMY OLIVER (PART OF THE LAWRENCE PUBLIC SCHOOLS) BEGAN INSTRUCTING 6TH GRADE STUDENTS AUGUST 21ST OF 2013.THIS YEAR, OUT OF THE 496 SCHOOLS SERVING MIDDLE SCHOOL STUDENTS ACROSS THE STATE OF MASSACHUSETTS, UP ACADEMY BOSTON AND UP ACADEMY LAWRENCE RANKED #1 AND #2 RESPECTIVELY FOR MEDIAN STUDENT GROWTH IN MATH. THIS MARKS THE SECOND STRAIGHT YEAR THAT UP ACADEMY BOSTON LED THE STATE IN MATH STUDENT GROWTH. PROFICIENCY RATES AT THE GAVIN MIDDLE SCHOOL, NOW UP ACADEMY BOSTON, IMPROVED FROM 23% TO 76%, WITH A MEDIAN GROWTH PROFILE OF 96%, THE HIGHEST SCORE IN STATE HISTORY. IN ONE YEAR, MATH PROFICIENCY RATES AT UP ACADEMY LEONARD HAVE TRIPLED, INCREASING FROM 19% IN 2012 TO 56% IN 2013. STUDENTS ARE NOW APPROACHING STATEWIDE PROFICIENCY RATES OF 61%. AT UP ACADEMY BOSTON, ELA PROFICIENCY RATES HAVE RISEN FROM 41% IN 2011 TO 66% IN 2013. UNLOCKING POTENTIAL EMPLOYEES SUPPORTED THE SCHOOLS THROUGHOUT THE ACADEMIC YEAR, DELIVERING HIGH QUALITY ACADEMIC AND OPERATIONAL SERVICES, MANAGING DISTRICT GOVERNANCE AND OTHER EXTERNAL STAKEHOLDER RELATIONSHIPS, AND SUPPORTING SCHOOL LEADERS IN FUNCTIONAL AREAS SUCH AS SPECIAL EDUCATION, TALENT MANAGEMENT, STUDENT RECRUITMENT AND BLENDED LEARNING. UNLOCKING POTENTIAL STAFF MEMBERS WORKED THROUGHOUT FY 2013 TO LAUNCH UP ACADEMY DORCHESTER AND UP ACADEMY OLIVER, HIRING AND TRAINING 98 TEACHERS AND STAFF TO SUPPORT THE NEW SCHOOLS.
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IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0SCHEDULE I, PART I, LINE 2: UNLOCKING POTENTIAL WILL GIVE ALL THE UP ACADEMY'S THESE GRANTS WHICH WILL BE DISBURSED AS IN-KIND PURCHASES MADE BY UNLOCKING POTENTIAL, MONITORED AND APPROVED BY THE DOO, COO, DSO AND ASSOCIATE DIRECTOR OF FINANCE, WHICH THE EXCEPTION OF THE GRANT TO UP ACADEMY CHARTER SCHOOL OF BOSTON'S GRANT. PART OF THIS GRANT WAS TO BE USED FOR GENERAL OPERATING, WHICH WAS ALLOCATED TO IT SERVICES, WHILE THE OTHER PART WAS MEANT TO FUND THE COST FOR A NEW COMPUTER LAB, WHICH HAS BEEN COMPLETED.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0PROCEDURE FOR MONITORING GRANTS IN THE U.S.:
IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference0PART I, LINE 2:
IRS990ScheduleI/RecipientTable/AmountOfCashGrant0208233
IRS990ScheduleI/RecipientTable/AmountOfCashGrant1119951
IRS990ScheduleI/RecipientTable/AmountOfCashGrant2141350
IRS990ScheduleI/RecipientTable/EINOfRecipient0450625911
IRS990ScheduleI/RecipientTable/EINOfRecipient1462404287
IRS990ScheduleI/RecipientTable/EINOfRecipient2046001394
IRS990ScheduleI/RecipientTable/MethodOfValuation0FAIR MARKET VALUE
IRS990ScheduleI/RecipientTable/MethodOfValuation1FAIR MARKET VALUE
IRS990ScheduleI/RecipientTable/MethodOfValuation2FAIR MARKET VALUE
IRS990ScheduleI/RecipientTable/PurposeOfGrant0FOR COMPUTER LAB, IT, WEBSITE SUPPORT, AND INNOVATION FOR THE SCHOOL.
IRS990ScheduleI/RecipientTable/PurposeOfGrant1WORKING CAPITAL GRANT AND INNOVATION GRANT.
IRS990ScheduleI/RecipientTable/PurposeOfGrant2WORKING CAPITAL/INNOVATION GRANT.
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine10UP ACADEMY CHARTER SCHOOL OF BOSTON
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine11UP ACADEMY CHARTER SCHOOL OF DORCHESTER
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine12UP ACADEMY CHARTER SCHOOL OF LEONARDOLIVER (LAWRENCE PUBLIC SCHOOLS)
IRS990ScheduleI/RecordsMaintained01
IRS990ScheduleI/TotalNbrOfOtherOrganizations03
IRS990ScheduleJ/AnyNonFixedPayments00
IRS990ScheduleJ/BoardOrCommitteeApproval0X
IRS990ScheduleJ/CompBasedNetEarningsFilingOrg00
IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs00
IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg00
IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs00
IRS990ScheduleJ/CompensationCommittee0X
IRS990ScheduleJ/CompensationSurvey0X
IRS990ScheduleJ/EquityBasedCompArrangement00
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg0148369
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg020000
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0SCOTT GIVEN
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg05780
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/Title0CEO/BOARD SECRETARY
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0174149
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs00
IRS990ScheduleJ/InitialContractException00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleJ/WrittenEmploymentContract0X
IRS990ScheduleO/GeneralExplanation/Explanation0A DRAFT VERSION OF THE 990 IS PROVIDED TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO A BOARD MEETING. THE BOARD THEN DISCUSSES THE 990 AT A BOARD MEETING AND ANY CHANGES REQUIRED ARE MADE PRIOR TO THE 990 BEING FILED.
IRS990ScheduleO/GeneralExplanation/Explanation1THE ORGANIZATION REQUIRES ITS DIRECTORS, MANAGEMENT AND KEY EMPLOYEES TO COMPLETE AN ANNUAL DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH THE RESPONSIBLE PERSON IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING.
IRS990ScheduleO/GeneralExplanation/Explanation2THE BOARD OF TRUSTEES DETERMINES THE CEOS COMPENSATION. DURING THIS PROCESS, THE BOARD STUDIED AN EXTENSIVE AMOUNT OF COMPARABLE DATA (CMOS, SCHOOL TURNAROUND ORGANIZATIONS, ETC.) FROM ACROSS THE COUNTRY AND CONSIDERED FACTORS UNIQUE TO THE UNLOCKING POTENTIAL CONTEXT, INCLUDING GROWTH RATE, FINANCIAL PARAMETERS, AND PERFORMANCE. ALL BOARD MEMBERS ENGAGE IN PRODUCTIVE CONVERSATIONS ABOUT EXECUTIVE COMPENSATION STRATEGY AND LEVEL.
IRS990ScheduleO/GeneralExplanation/Explanation3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAIABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation4THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT OF UNLOCKING POTENTIAL, INC.'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART XIII, LINE 2C
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0DE
IRS990/StatesWhereCopyOfReturnIsFiled0MA
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/TemporarilyRestrictedNetAssets/EOY0650000
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.11$0.28$1.83$2.42$2.77$0.34
2024Detailed filing. Detailed filing data is available for this year.$3.38$1.21$2.17$3.49$3.06$0.43
2023Detailed filing. Detailed filing data is available for this year.$2.53$0.79$1.74$2.98$3.94$0.96
2022Detailed filing. Detailed filing data is available for this year.$3.25$0.55$2.70$4.84$6.56$1.72
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.20$0.78$4.42$6.76$5.96$0.80
2020Detailed filing. Detailed filing data is available for this year.$5.70$2.08$3.62$6.07$5.61$0.46
2019Detailed filing. Detailed filing data is available for this year.$4.11$0.95$3.16$6.46$6.20$0.26
2018Detailed filing. Detailed filing data is available for this year.$4.10$1.20$2.90$7.58$7.62$0.05
2017Detailed filing. Detailed filing data is available for this year.$3.43$0.48$2.94$7.28$7.83$0.55
2016Detailed filing. Detailed filing data is available for this year.$3.93$0.44$3.49$6.65$7.24$0.58
2015Detailed filing. Detailed filing data is available for this year.$4.50$0.43$4.08$7.13$5.60$1.53
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.41$0.87$3.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.13$0.42$1.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.42$0.37$1.43