Civic Intelligence

Upturn Inc.

EIN 81-4574412 • 501(c)3 • Washington, DC

Pub. 78 Eligible

Profile

Upturn advances equity and justice in the design, governance, and use of technology.

1653 Columbia Rd NW Pmb358680 17Washington, DC 20009

www.upturn.org

Siviq Scores

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

Liabilities / Assets

17th percentile

0.01x

Higher debt load relative to assets than 17% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

16th percentile

0.01x

Higher debt load relative to revenue than 16% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

79th percentile

27%

Higher net margin than 79% of similar nonprofits.

501(c)3 • $5M-$10M 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

24th percentile

-2.6%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Revenue Growth

22nd percentile

-8.3%

Faster revenue growth than 22% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Assets

Up

$6,024,111

Up $761,146 (+14%) from 2023

Liabilities

Down

$36,874

Down $96,595 (-72%) from 2023

Net Assets

Up

$5,987,237

Up $857,741 (+17%) from 2023

Revenue

Up

$3,175,373

Up $2,347,726 (+284%) from 2023

Expenses

Up

$2,317,632

Up $323,339 (+16%) from 2023

Net Income

Up

$857,741

Up $2,024,387 (+174%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2017: $987,168Liabilities 2017: $32,316Net Assets 2017: $954,8522017Assets 2018: $3,781,251Liabilities 2018: $31,903Net Assets 2018: $3,749,3482018Assets 2019: $4,133,900Liabilities 2019: $574,622Net Assets 2019: $3,559,2782019Assets 2020: $3,375,661Liabilities 2020: $64,025Net Assets 2020: $3,311,6362020Assets 2021: $4,369,468Liabilities 2021: $70,084Net Assets 2021: $4,299,3842021Assets 2022: $6,352,640Liabilities 2022: $56,498Net Assets 2022: $6,296,1422022Assets 2023: $5,262,965Liabilities 2023: $133,469Net Assets 2023: $5,129,4962023Assets 2024: $6,024,111Liabilities 2024: $36,874Net Assets 2024: $5,987,2372024

Highlighted filing

2024

Assets$6,024,111
Liabilities$36,874
Net Assets$5,987,237

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2017: $1,125,996Expenses 2017: $171,144Net Income 2017: $954,8522017Revenue 2018: $3,847,386Expenses 2018: $1,052,890Net Income 2018: $2,794,4962018Revenue 2019: $989,116Expenses 2019: $1,179,186Net Income 2019: -$190,0702019Revenue 2020: $1,297,649Expenses 2020: $1,545,291Net Income 2020: -$247,6422020Revenue 2021: $2,696,130Expenses 2021: $1,708,382Net Income 2021: $987,7482021Revenue 2022: $3,778,152Expenses 2022: $1,781,394Net Income 2022: $1,996,7582022Revenue 2023: $827,647Expenses 2023: $1,994,293Net Income 2023: -$1,166,6462023Revenue 2024: $3,175,373Expenses 2024: $2,317,632Net Income 2024: $857,7412024

Highlighted filing

2024

Revenue$3,175,373
Expenses$2,317,632
Net Income$857,741

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 5, 2025
Return Version
2024v5.2
Gross Receipts
$3,175,373
Mission and Program Overview

Mission

Upturn advances equity and justice in the design, governance, and use of technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,140,017$2,855,366▲ $715,349
Pledges and Grants Receivable$2,758,997$2,448,660▼ $310,337
Cash and Non-Interest-Bearing Accounts$348,352$709,714▲ $361,362
Prepaid Expenses and Deferred Charges$7,375$1,652▼ $5,723
Total Assets$5,262,965$6,024,111▲ $761,146
Other Assets Total$8,224$8,719▲ $495
Liabilities
Accounts Payable and Accrued Expenses$133,469$36,874▼ $96,595
Total Liabilities$133,469$36,874▼ $96,595
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,828,349$4,736,649▲ $908,300
Net Assets Without Donor Restrictions$1,301,147$1,250,588▼ $50,559
Total Net Assets Fund Balance$5,129,496$5,987,237▲ $857,741
Total Liabilities and Net Assets / Fund Balance$5,262,965$6,024,111▲ $761,146
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Harlan YuPresident & Executive DirectorFT$191,434$28,160$219,594
Amber PiattManaging Director (until 11/2024)FT$160,339$51,474$211,813
Mingwei HsuSenior Quantitative AnalystFT$154,275$16,052$170,327
Mitra EbadolahiSenior Project DirectorFT$139,597$23,128$162,725
Natasha DuarteSenior Project DirectorFT$125,525$21,033$146,558
John Logan KoepkeSenior Project DirectorFT$125,525$20,978$146,503

Board Members and Trustees

NameTitle
Steven RenderosSecretary (from 7/2024)
Nabiha SyedSecretary (until 6/2024)
Brandi Collins-dexterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,039,663
Program Service Revenue
$2,000
Investment Income
$133,379
Other Revenue
$331
All Other Contributions
$3,039,663
Change in Net Assets
$857,741

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,175,373
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,175,373
Total Revenue per Form 990
$3,175,373
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,996,731
Other Expenses$320,901
Total Fundraising Expense$22,461
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,349,793$36,233$8,028$1,394,054
Current Officers, Directors, Trustees, and Key Employees$131,756$76,858$10,980$219,594
Pension Plan Contributions$142,679$4,182$898$147,759
Payroll Taxes$116,786$8,231$1,403$126,420
Other Employee Benefits$103,541$4,507$856$108,904
Fees for Services Accounting-$94,453-$94,453
Travel$71,402-$44$71,446
Conferences and Meetings$23,914$3,149$18$27,081
Interest$5,552$17,273-$22,825
Occupancy$19,052$1,343$229$20,624
Office Expenses$4,255$13,239-$17,494
Information Technology$70$15,832-$15,902
Fees for Services Other$14,446--$14,446
All Other Expenses$2,467$4,613$1$7,081
Fees for Services Legal-$6,288-$6,288
Insurance-$3,897-$3,897
Other Expenses$1,084$2,699$4$2,699
Total Functional Expenses$1,992,238$302,933$22,461$2,317,632

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,317,632
Total Expenses per Audited Statements$2,317,632
Total Expenses per Form 990$2,317,632
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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
No
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 was prepared by the outside accountants and reviewed by the executive director. A copy of the form 990 was shared with the full board prior to filing with the irs.

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

The conflict of interest policy is distributed annually to all directors, officers, and members of board committees. All covered individuals sign an annual acknowledgement that they have received a copy of the policy, understand it, and agree to abide by its terms. Whenever a director, officer, or committee member becomes aware of a potential conflict of interest, whether financial or otherwise, s/he makes the situation known to the board or committee (as the case might be) and provides all facts material to understanding the nature and scope of the conflict, including whether the interested person believes his or her ability to make an independent decision based solely on the best interest of the corporation has been compromised. The interested person with the potential conflict retires from the meeting and does not participate in final discussion and voting on the existence of the conflict. If a conflict is found to exist, the interested person may be invited to provide any relevant information that could be of use to the board in making its decision, but again retires and does not participate in the final discussion and voting regarding the transaction.

Form 990, Part VI, Section B, Line 15A

The executive director's compensation was reviewed and approved by the board's compensation committee, consisting of the two independent members of the board. The committee used information of executive compensation packages for similar organizations, including information from their form 990s, and documented its decision in the committee meeting minutes. The most recent review took place in october 2017.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Upturn Inc
EIN
81-4574412
Phone
2026772359
Address
1653 COLUMBIA RD NW PMB358680 17, WASHINGTON, DC 20009

Signing Officer

Name
Harlan Yu
Title
President & Executive Director
Phone
2026772359
Signed
2025-09-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Harlan Yu
Formed
2016
Legal Domicile
Dc
Voting Board Members
3
Independent Board Members
2
Employees
14
Volunteers
4

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 800N, BETHESDA, MD 20814-2930
Preparer
Richard J Locastro CPA
Phone
3019519090
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IRS990/OtherExpensesGrp/Desc2OTHER PROGRAM COSTS
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23373
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IRS990/OtherRevenueMiscGrp/Desc0REIMBURSED EXPENSES
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IRS990/PayrollTaxesGrp/TotalAmt0126420
IRS990/PensionPlanContributionsGrp/FundraisingAmt0898
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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0827647
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0857741
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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
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IRS990ScheduleA/FactsAndCircumstancesTestTxt0UPTURN QUALIFIES AS A PUBLIC CHARITY UNDER THE "FACTS AND CIRCUMSTANCES" TEST OF SEC. 1.170A-9(F)(3) OF THE TREASURY REGULATIONS, BASED UPON THE FOLLOWING:ITS SUPPORT, AS REPORTED FOR 2024, IS 18.03% THEREBY MEETING THE REQUIREMENT OF SEC. 1.170A-9(F)(3)(I).UPTURN IS ORGANIZED AND OPERATED SO AS TO ATTRACT NEW AND ADDITIONAL FUNDING ON A CONTINUOUS BASIS, THEREBY MEETING THE REQUIREMENT OF SEC. 1.170A-9(F)(3)(II). UPTURN HAS CONTINUED TO UNDERTAKE SIGNIFICANT EFFORTS TO ATTRACT NEW AND ADDITIONAL PUBLIC SUPPORT. IN ADDITION TO ACTIVELY SOLICITING NEW FUNDERS VIA ITS WEBSITE, UPTURN HAS OPERATIONALIZED A MULTI-YEAR FUNDRAISING PLAN WITH CLEAR GOALS FOR BOTH INCREASING ITS REVENUE AND BROADENING ITS PUBLIC SUPPORT BASE. IN 2024, UPTURN HAS ACTIVELY SOLICITED NEW FUNDERS AND SPOKEN AT LARGE FUNDER EVENTS.UPTURN'S PUBLIC SUPPORT, AT 18.03% IS WELL ABOVE THE 10% MINIMUM REQUIRED FOR THE "FACTS AND CIRCUMSTANCES" TEST, THEREBY MEETING THE REQUIREMENT OF SEC. 1.170A-9(F)(3)(III)(A).IN MEETING THE REQUIREMENT OF SEC. 1.170A-9(F)(3)(III)(B), UPTURN HAS RECEIVED SUPPORT FROM A REPRESENTATIVE NUMBER OF PERSONS, RATHER THAN RECEIVING ALL OR MOST OF ITS SUPPORT FROM THE MEMBERS OF A SINGLE FAMILY, OR FROM A SINGLE DONOR. UPTURN IS CURRENTLY FUNDED BY A VARIETY OF FOUNDATION GRANTS AND FEE-FOR-SERVICE PROJECTS. SINCE ITS INCORPORATION IN 2017, UPTURN HAS EACH YEAR CONSISTENTLY INCREASED ITS TOTAL NUMBER OF FUNDING SOURCES. UPTURN'S CURRENT FUNDRAISING PLAN IS ALSO TARGETED AT A BROAD BASE OF DONORS. IN THIS RESPECT, UPTURN MEETS THE REQUIREMENT OF SEC. 1.170A-9(F)(3)(III)(B).UPTURN ALSO MEETS THE REQUIREMENTS OF SEC. 1.170A-9(F)(3)(III)(C), AS UPTURN IS GOVERNED BY A BOARD OF DIRECTORS WHICH REPRESENTS THE BROAD INTERESTS OF THE PUBLIC, RATHER THAN PERSONAL OR PRIVATE INTERESTS OF PARTICULAR DONORS. UPTURN'S BOARD OF DIRECTORS IS COMPOSED OF PERSONS WITH PARTICULAR KNOWLEDGE OF UPTURN'S FIELD AND AREAS OF WORK, AND REPRESENT A DIVERSE SET OF PUBLIC PERSPECTIVES. IN ADDITION, NONE OF UPTURN'S BOARD MEMBERS SHARE A PERSONAL OR PRIVATE INTEREST WITH ANY OF UPTURN'S CURRENT OR PROSPECTIVE FUNDING SOURCES.UPTURN HAS A LONGSTANDING ORGANIZATIONAL COMMITMENT TO SERVING THE PUBLIC THROUGH ITS WORK. UPTURN ADVANCES EQUITY AND JUSTICE IN THE DESIGN, GOVERNANCE, AND USE OF TECHNOLOGY. THROUGHOUT ITS PROGRAM AREAS, INCLUDING CRIMINAL JUSTICE, EMPLOYMENT, HOUSING, AND PUBLIC BENEFITS, UPTURN PRIORITIZES WORKING TOGETHER WITH AFFECTED COMMUNITIES AND PERSONS, AS WELL AS ITS STRONG NETWORK OF OTHER PUBLICLY SUPPORTED ORGANIZATIONS. IN THIS MANNER, UPTURN FURTHER DEMONSTRATES ITS PUBLIC SUPPORT AND MEETS THE REQUIREMENT OF SEC. 1.170A-9(F)(3)(III)(D).
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt025704
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt056188
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IRS990ScheduleC/GrantsOtherOrganizationsInd00
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IRS990ScheduleC/MediaAdvertisementsInd00
IRS990ScheduleC/NotDescribedSection501c3Ind00
IRS990ScheduleC/OtherActivitiesInd00
IRS990ScheduleC/PaidStaffOrManagementInd01
IRS990ScheduleC/PublicationsOrBroadcastInd00
IRS990ScheduleC/RalliesDemonstrationsInd00
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0UPTURN'S LOBBYING ACTIVITIES WERE RELATED TO DIRECT ADVOCACY VIA LEGISLATIVE TESTIMONY.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II-B, LINE 1:
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt313960

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