Civic Intelligence

Uaspire Inc

EIN 46-1314848 • 501(c)3 • Boston, MA

View Organization Page

Profile

Uaspire's mission is to improve the economic mobility of underrepresented students by creating financial solutions to diverse postsecondary pathways.

6 Liberty Square Pmb 98549Boston, MA 02109

www.uaspire.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

29th percentile

0.05x

Higher debt load relative to assets than 29% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

25th percentile

0.07x

Higher debt load relative to revenue than 25% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

69th percentile

15%

Higher net margin than 69% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

87th percentile

31%

Faster asset growth than 87% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Revenue Growth

34th percentile

0.4%

Faster revenue growth than 34% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets29th percentile

Assets

Up

$17,046,751

Up $3,274,739 (+24%) from 2023

Liabilities

Down

$806,122

Down $281,158 (-26%) from 2023

Net Assets

Up

$16,240,629

Up $3,555,897 (+28%) from 2023

Operations
Liabilities / Revenue25th percentileNet Margin69th percentile

Revenue

Down

$11,091,810

Down $1,255,314 (-10%) from 2023

Expenses

Up

$9,433,373

Up $316,586 (+3.5%) from 2023

Net Income

Down

$1,658,437

Down $1,571,900 (-49%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth87th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2014: $1,465,670Liabilities 2014: $288,879Net Assets 2014: $1,176,7912014Assets 2015: $1,442,025Liabilities 2015: $247,684Net Assets 2015: $1,194,3412015Assets 2016: $2,454,648Liabilities 2016: $428,330Net Assets 2016: $2,026,3182016Assets 2017: $3,161,625Liabilities 2017: $574,794Net Assets 2017: $2,586,8312017Assets 2018: $2,207,791Liabilities 2018: $962,531Net Assets 2018: $1,245,2602018Assets 2019: $3,388,104Liabilities 2019: $1,380,280Net Assets 2019: $2,007,8242019Assets 2020: $7,088,035Liabilities 2020: $1,877,027Net Assets 2020: $5,211,0082020Assets 2021: $8,161,176Liabilities 2021: $1,717,942Net Assets 2021: $6,443,2342021Assets 2022: $9,973,087Liabilities 2022: $717,706Net Assets 2022: $9,255,3812022Assets 2023: $13,772,012Liabilities 2023: $1,087,280Net Assets 2023: $12,684,7322023Assets 2024: $17,046,751Liabilities 2024: $806,122Net Assets 2024: $16,240,6292024

Highlighted filing

2024

Assets$17,046,751
Liabilities$806,122
Net Assets$16,240,629
Open 2024 Filing

Operations Trend

Revenue Growth34th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2014: $3,503,261Expenses 2014: $2,334,246Net Income 2014: $1,169,0152014Revenue 2015: $5,378,107Expenses 2015: $5,345,327Net Income 2015: $32,7802015Revenue 2016: $7,386,728Expenses 2016: $6,514,840Net Income 2016: $871,8882016Revenue 2017: $7,963,712Expenses 2017: $7,428,968Net Income 2017: $534,7442017Revenue 2018: $7,115,847Expenses 2018: $8,472,569Net Income 2018: -$1,356,7222018Revenue 2019: $9,203,644Expenses 2019: $8,433,091Net Income 2019: $770,5532019Revenue 2020: $11,477,969Expenses 2020: $8,257,779Net Income 2020: $3,220,1902020Revenue 2021: $8,929,537Expenses 2021: $7,860,385Net Income 2021: $1,069,1522021Revenue 2022: $11,001,635Expenses 2022: $7,683,195Net Income 2022: $3,318,4402022Revenue 2023: $12,347,124Expenses 2023: $9,116,787Net Income 2023: $3,230,3372023Revenue 2024: $11,091,810Expenses 2024: $9,433,373Net Income 2024: $1,658,4372024

Highlighted filing

2024

Revenue$11,091,810
Expenses$9,433,373
Net Income$1,658,437
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,046,751
Liabilities
$806,122
Net assets
$16,240,629
Revenue
$11,091,810
Expenses
$9,433,373
Net income
$1,658,437
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.0$0.81$16.2$11.1$9.43$1.66
2023Detailed filing. Detailed filing data is available for this year.$13.8$1.09$12.7$12.3$9.12$3.23
2022Detailed filing. Detailed filing data is available for this year.$9.97$0.72$9.26$11.0$7.68$3.32
2021Detailed filing. Detailed filing data is available for this year.$8.16$1.72$6.44$8.93$7.86$1.07
2020Detailed filing. Detailed filing data is available for this year.$7.09$1.88$5.21$11.5$8.26$3.22
2019Detailed filing. Detailed filing data is available for this year.$3.39$1.38$2.01$9.20$8.43$0.77
2018Detailed filing. Detailed filing data is available for this year.$2.21$0.96$1.25$7.12$8.47$1.36
2017Detailed filing. Detailed filing data is available for this year.$3.16$0.57$2.59$7.96$7.43$0.53
2016Detailed filing. Detailed filing data is available for this year.$2.45$0.43$2.03$7.39$6.51$0.87
2015Detailed filing. Detailed filing data is available for this year.$1.44$0.25$1.19$5.38$5.35$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.47$0.29$1.18$3.50$2.33$1.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$16,681,554
Mission and Program Overview

Mission

Uaspire works to ensure that all young people have the financial information and resources necessary to find an affordable path to - and through - a postsecondary education.

Uaspire works to remove financial barriers to a postsecondary degree.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,195,608$8,487,367▲ $2,291,759
Pledges and Grants Receivable$3,874,252$4,487,661▲ $613,409
Cash and Non-Interest-Bearing Accounts$3,063,990$3,085,693▲ $21,703
Accounts Receivable$244,609$627,051▲ $382,442
Prepaid Expenses and Deferred Charges$136,325$289,547▲ $153,222
Savings and Temporary Cash Investments$83,175$69,432▼ $13,743
Land, Buildings, and Equipment, Net$1,198--
Total Assets$13,772,012$17,046,751▲ $3,274,739
Other Assets Total$172,855$0▼ $172,855
Liabilities
Accounts Payable and Accrued Expenses$802,167$694,924▼ $107,243
Other Liabilities$285,113$111,198▼ $173,915
Total Liabilities$1,087,280$806,122▼ $281,158
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,159,662$8,201,028▲ $3,041,366
Net Assets Without Donor Restrictions$7,525,070$8,039,601▲ $514,531
Total Net Assets Fund Balance$12,684,732$16,240,629▲ $3,555,897
Total Liabilities and Net Assets / Fund Balance$13,772,012$17,046,751▲ $3,274,739

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$557,909-▲ $40,215$40,215$557,909
2023$557,909-▲ $26,096$26,096$557,909
2022$557,909$30,226▼ $30,226-$557,909
2021$557,909-▲ $24,498$24,498$557,909
2020$557,909-▲ $19,648$19,648$557,909
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jaclyn PineroChief Executive OfficerFT$217,949$38,709$256,658
Holly MorrowChief Knowledge OfficerFT$175,192$37,143$212,335
Janeira ForteChief Impact OfficerFT$186,404$14,463$200,867
Ayeesha LaneChief People and Operations OfficerFT$169,963$15,427$185,390
Sarah CrookerSr Vice President, AdvancementFT$118,066$38,106$156,172
Brendan WilliamsVice President of KnowledgeFT$109,627$35,342$144,969
Anika Van EatonVice President of PolicyFT$120,721$15,608$136,329
Leah McleanVP, Development Ops & StrategyFT$116,939$16,345$133,284
Kimberly NidahVP of Development, MaFT$113,834$15,058$128,892

Board Members and Trustees

NameTitle
Kerry Ann JamesBoard Chair
Bill McclementsVice Chair
Amit PatelDirector
Charles ShirleyDirector
Ho NamDirector
Jenn StredlerDirector
John HudsonDirector
Jonathan CoxDirector
May BumarDirector
Pete NovemberDirector
Simone Hill OkaforDirector
Terry Vaughan IiiDirector
Valduvino GoncalvesDirector
William Bill MandellDirector
Nadine Duplessy KearnsDirector (thru 6/30/24)
Sydney AtkinsDirector (thru 6/30/24)
Ellyn Charters ZarracinaDirector (thru 8/31/23)
Laurie ThomsenDirector (thru 8/31/23)
Mark AlperDirector (thru 8/31/23)
Sharam PavriDirector (thru 8/31/23)
Kathryn SchoxDirector (thru 9/19/24)
Cynthia Rivera WeissblumSecretary
Michael BoyleTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Arabella Intermediate Holdings LLCAccounting, Consulting And Software Supp50 E WASHINGTON STREET SUITE 400, Chicago, IL 60602$321,600
Positively PartnersHr, Recruiting/placement & Payroll6218 GEORGIA AVE NW 5072, Washington, DC 20011$140,876
Revenue and Support

Revenue Composition

Contributions and Grants
$9,515,574
Program Service Revenue
$1,351,446
Investment Income
$224,790
Other Revenue
$0
All Other Contributions
$9,515,574
Change in Net Assets
$1,658,437

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,044,062
Revenue Not Reported on Financial Statements
$47,748
Revenue Not Reported on Form 990
$463,476
Total Revenue per Audited Statements
$11,507,538
Total Revenue per Form 990
$11,091,810
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,142,696
Other Expenses$2,214,499
Total Fundraising Expense$1,450,178
Grants and Similar Amounts Paid$76,178
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,452,399$635,265$872,296$4,959,960
Current Officers, Directors, Trustees, and Key Employees$728,640$134,107$184,149$1,046,896
Fees for Services Other$344,085$572,710$9,000$925,795
Other Employee Benefits$358,334$65,931$90,531$514,796
Payroll Taxes$307,536$56,591$77,706$441,833
Travel$159,950$29,205$40,103$229,258
Information Technology$157,143$28,917$39,706$225,766
Pension Plan Contributions$124,731$22,957$31,523$179,211
Occupancy$56,315$48,580$22,385$127,280
Fees for Services Accounting-$114,143-$114,143
Office Expenses$67,671$14,654$17,099$99,424
Advertising$56,963$8,806$14,241$80,010
Grants to Domestic Individuals$76,178--$76,178
All Other Expenses$1,414$62,335$357$64,106
Fees for Service Investment Mgmnt Fees-$47,748-$47,748
Conferences and Meetings$23,946$4,634$6,363$34,943
Fees for Services Legal-$29,776-$29,776
Other Expenses$1,276$20,078$14,638$15,914
Insurance$9,102$1,675$2,300$13,077
Depreciation Depletion$834$153$211$1,198
Total Functional Expenses$6,084,930$1,898,265$1,450,178$9,433,373

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,451,641
Total Expenses per Form 990$9,433,373
Expenses per Audited Statements$9,385,625
Expenses Not Reported on Form 990$66,016
Expenses Not Reported on Financial Statements$47,748
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Donor-designated Funds$111,198
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 is reviewed by the chief executive officer and finance leadership, including the board treasurer, prior to filing. The form 990 is then distributed to the entire board of directors before filing.”

Form 990, Part VI, Section B, Line 12C

“The organization has a written conflict of interest policy that is shared annually. All new board members complete the conflict of interest form. Board members are requested on an annual basis to provide an updated conflict of interest form. The existence of any issues that could give rise to conflicts is reviewed periodically by the governance committee and the chief executive officer to ascertain whether any director, board member or employee might conceivably have an interest which could give rise to a conflict. All members of the organization are aware of the conflict of interest policy and are required to discuss with the chief executive officer or directly with the board, should they feel there are any conflicts as defined by the policy.”

Form 990, Part VI, Section B, Line 15

“The organization engaged the services of an independent compensation consulting firm to perform a study of executive compensation based on comparable organizations and similar sized companies, including compensation for the chief executive officer and other chief level executive leaders. Specifically, for the chief executive officer, their salary was within the range suggested by the consulting firm and was approved by the executive committee of the organization, which reported its conclusion and process to the entire board of directors. A policy is in place to engage in subsequent annual adjustments to the chief executive officer's compensation led by the board of directors. The chief executive officer does not participate in the process. For other chief executive compensation, the chief executive officer recommends annual adjustments for approval, based on independent compensation data, to the executive committee of the board of directors. Chief executives do not participate in this process.”

Form 990, Part VI, Section C, Line 18

“Upon request, the organization will make available to the public its governing documents, and its conflict of interest policy.”

Form 990, Part VI, Section C, Line 19

“The financial statements of the organization are attached to the form pc filed with the massachusetts division of public charities and are available for public inspection on the attorney general's website. The organization's governing documents and conflict of interest policies are not posted to such website, but are available for inspection by the public upon request.”

Filing and Contact Details

Filer

Filer Name
Uaspire Inc
EIN
46-1314848
Phone
8573440770
Address
6 LIBERTY SQUARE PMB 98549, BOSTON, MA 02109

Signing Officer

Name
Casandra Scales
Title
Chief Financial Officer
Phone
8573440770
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jaclyn Pinero
Formed
2012
Legal Domicile
Ma
Voting Board Members
19
Independent Board Members
19
Employees
92
Volunteers
32

Preparer

Firm
Forvis Mazars Llp
Address
1330 BOYLSTON STREET, CHESTNUT HILL, MA 02467-2145
Preparer
Tamar Plotzker
Phone
6177311222
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“The permanent endowment consists of investment accounts. The board of directors intend to preserve the fair value of the original gift as explicitly stipulated by the donors.”

Raw XML AppendixShowing 400 of 859 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0UASPIRE WORKS TO REMOVE FINANCIAL BARRIERS TO A POSTSECONDARY DEGREE.
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IRS990/Desc0UASPIRE 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.
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt24CHIEF IMPACT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt25CHIEF PEOPLE AND OPERATIONS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt26CHIEF KNOWLEDGE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt27VICE PRESIDENT OF POLICY
IRS990/Form990PartVIISectionAGrp/TitleTxt28SR VICE PRESIDENT, ADVANCEMENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt30VP OF DEVELOPMENT, MA
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