Educational Institutions

Year Up Inc

  • Boston, MA
  • http://www.yearup.org/

Mission Statement

Year Up’s mission is to close the Opportunity Divide by providing urban young adults with the skills, experience, and support that will empower them to reach their potential through professional careers and higher education.

We achieve this mission through a high support, high expectation model that combines marketable job skills, stipends, internships and college credits. Our holistic approach focuses on students’ professional and personal development to place these young adults on a viable path to economic self-sufficiency.

Main Programs

  1. Year Up
Service Areas

Self-reported

Massachusetts

Year Up currently serves more than 2,700 students a year at sites in Arizona, Atlanta, Baltimore, Boston, Chicago, Jacksonville, the National Capital Region, New York City, Philadelphia, Providence, Puget Sound, San Francisco Bay Area, and South Florida.

ruling year

2001

Principal Officer since 2000

Self-reported

Mr. Gerald Chertavian

Keywords

Self-reported

Urban youth, young adults, 18-24, IT, information technology, training, desktop support, IT helpdesk, web production, computer training, youth development, workforce development, employment training, at-risk youth education, college access

Sign in or create an account to view Form(s) 990 for 2014, 2014 and 2013.
Register now

EIN

04-3534407

Contact

Cause Area (NTEE Code)

Community/Junior College (B41)

Community/Junior College (B41)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Overview

Self-reported by organization

Double bottom-line success includes financial performance and social impact. Year Up interns contribute to both. Our impact summary is as follows:

90% Employer Satisfaction - As a pipeline of talent, Year Up performs 6 times better than traditional recruitment sources.

85% Student Success Rate - Employed or enrolled in full time education within 4 months of graduation.

$16.00/hr (approximately $32,000) is the Year Up graduate starting average wage.

10,000+ students served to date and 2,500 students served annually across 13 U.S cities.

1 in 3 Year Up interns are hired vs. 1 in 18 traditional applicants hired.

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

Year Up

Year Up serves young adults ages 18-24 who have earned a high school diploma or GED but are otherwise disconnected from the economic mainstream. In partnership with leading US employers , Year Up invests in highly motivated, low-income young adults. Our young adults participate in an intensive year-long program, composed of six months of technical training and professional skills development, followed by a six month internship with one of our corporate partners - industry leaders in the markets we serve.

Category

Employment

Population(s) Served

Young Adults (20-25 years) -- currently not in use

Budget

Charting Impact

Self-reported by organization

Five powerful questions that require reflection about what really matters - results.

  1. What is the organization aiming to accomplish?
    There are 6 million young adults in the United States, ages 18-24, who are disconnected from employment and education due to systemic socio-economic inequities. Too often characterized as an economic burden, these talented, motivated young adults are being overlooked by employers. Meanwhile, America's employers face a real and growing need for talent. Looking to 2025, we face a projected shortfall of 12 million skilled workers, costing the United States economy approximately $160 billion per year in lost revenue and unrealized spending.

    We call the chasm between these groups the Opportunity Divide, and the economic and social implications are staggering. Addressing this challenge is a national imperative shared by employers, policy makers, and non-profits.

    Year Up is connecting these groups and providing young adults with the skills, experience, and support to empower them to reach their potential. We can change these figures.
  2. What are the organization's key strategies for making this happen?
    In partnership with leading U.S employers, Year Up invests in highly motivated, low-income young adults. Our young adults participate in an intensive year-long program, composed of six months of technical training and professional skills development, followed by a six month internship with one of our corporate partners - industry leaders in the markets we serve. Students earn college credits and paid a stipend during both phases of the program.

    The career pathways that Year Up offers directly reflect the needs of our corporate partners. Young adults develop valuable, in-demand skills and our corporate partners gain access to a strong pipeline of talent to meet hiring needs at all levels.

    To ensure student success and partner satisfaction, Year Up operates on a high-expectation, high-support model. Our student contract sets high workplace expectations and is an important tool in shaping behavior, with earned infractions (such as tardiness or submitting late work) causing a reduction in stipend. Student performance is transparent across learning communities, making students accountable to themselves and to their entire support network - their instructors, advisors, mentors and colleagues.
  3. What are the organization's capabilities for doing this?
    Our People: Year Up recognizes the importance of human capital, and as such, we have made significant investments in pertinent areas, including learning processes and succession planning.In addition, we have made a significant commitment to deepening our knowledge and skills around diversity and cultural competency. We are proud to have attracted a team of diverse and culturally-competent individuals who believe deeply in closing the Opportunity Divide. Thanks in part to these efforts, Year Up experiences an employee attrition rate that is less than half the industry norm for youth-serving organizations. And Year Up was recently recognized by The NonProfit Times as one of the Best Nonprofits to Work for 2011. Our Partners: Year Up's model is predicated on building deep partnerships. Our partners are indispensable contributors to our strategy and to our core work of serving students.We partner with 174 corporate and government organizations that host our students as interns. Over 90 percent would recommend Year Up based on their experience with our students. Our internship partners engage with us on many levels, including through advocacy efforts. Year Up has also partnered with and received strong support from other leading nonprofits and from innovative community colleges. Without a doubt, our most influential partners are our 2,112 alumni and 1,362 students that are changing perceptions about the potential of urban young adults everyday.Our Reputation: As Year Up's prominence has grown, we have been the subject of an increasing volume of high-profile media coverage. For example, in 2011, Year Up was featured in The New York Times; author David Bornstein highlights our organization as one showing ""fresh promise"" in the workforce development arena. Year Up has also been the recipient of a growing number of awards. For example, we have won the Fast Company / Monitor Group Social Capitalist Award three times. Our CEO, Gerald Chertavian, was named an International Ashoka Fellow in 2008. Along with this recognition, Year Up has earned significant and high-profile investments, and public figures including President Barack Obama have visited our sites and lauded our efforts. Our Operational Standards: Since inception, Year Up has strived to achieve operational excellence to ensure that we are exceeding the expectations of our stakeholders. Accordingly, we have been diligent about measuring data - the hard proof of our ability to serve young adults. We use this data to learn about our effectiveness and to inform our program improvement efforts.Moreover, Year Up's work is guided by our long-term strategy. As part of that strategy, we strive to meet ambitious milestones that are years apart.As we want to ensure that our self-assessments are accurate, we also value the input of external evaluators and have invited them to judge our effectiveness.
  4. How will they know if they are making progress?
    As we look to the future and prepare to serve 10,000 young adults per year, Year Up continues to expand its capabilities through a focus on:

    - Financial Sustainability
    - Increasing value and relevance in a changing and dynamic labor market
    - Providing solutions to emerging workforce challenges at the speed of business
    - Influencing perceptions, practices, and policies that affect Opportunity Youth
    - Strengthening alumni engagement
  5. What have and haven't they accomplished so far?
    Since 2001, we have served more than 10,000 students. In 2015, we will serve more than 2,500 students across 13 U.S cities.
Service Areas

Self-reported

Massachusetts

Year Up currently serves more than 2,700 students a year at sites in Arizona, Atlanta, Baltimore, Boston, Chicago, Jacksonville, the National Capital Region, New York City, Philadelphia, Providence, Puget Sound, San Francisco Bay Area, and South Florida.

Accreditations

External Reviews

Source: greatnonprofits.org

The review section is powered by Great Nonprofits

Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

Year Up Inc
Fiscal year: Jan 01-Dec 31
Yes, financials were audited by an independent accountant.

Sign in or create an account to view this information

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2014, 2014 and 2013
  • Board Chair and Board Members
  • Access to the GuideStar Community
Get all this now for free
Need the ability to download nonprofit data and more advanced search options? Consider a Premium or Pro Search subscription.

Operations

The people, governance practices, and partners that make the organization tick.

Year Up Inc

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2014, 2014 and 2013
  • Board Chair and Board Members
  • Access to the GuideStar Community
Need the ability to download nonprofit data and more advanced search options? Consider a Premium or Pro Search subscription.

Principal Officer

Mr. Gerald Chertavian

BIO

Born and raised in Lowell, MA, Gerald is living his dream of returning to Boston and leveraging his entrepreneurial skills with his passion for working with urban young adults. Gerald has a life-long commitment to working with urban youth, an interest that has spanned over 15 years. He has been an active participant in the Big Brother mentoring program since 1985. In 1989, Gerald was recognized as one of New York's outstanding Big Brothers. Prior to founding Year Up, Gerald co-founded and ran Conduit Communications, an Internet strategy consulting firm with headquarters in London. He grew Conduit to $20MM in revenues with over 130 employees in London, Amsterdam, New York and Boston. From 1993 to 1998, Conduit ranked as one of England's fastest growing companies and sold to I-Cube in 1999. Prior to Conduit, Gerald was head of marketing at Transnational Financial Services in London, the World's leading provider of affinity credit cards. He began his career on Wall Street as an officer of the Chemical Banking Corporation. Gerald earned an M.B.A., with honors, from Harvard Business School and a B.A. in Economics, Phi Beta Kappa, summa cum laude, from Bowdoin College. Gerald was recently recognized by Boston Business Forward magazine as one of "Boston's 40 most promising individuals under the age of 40." He currently serves as a Trustee of Cambridge College and Bowdoin College.

STATEMENT FROM THE Principal Officer

"“Year Up does not accept the opportunity gap that exists in our nation. We are determined to provide our urban young adults with the education, guidance and support they need to realize their potential.”
-- Gerald Chertavian, Founder and CEO"

Governance

BOARD CHAIR

Paul Salem

BOARD LEADERSHIP PRACTICES

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices. Self-reported by organization


RESPONSE NOT PROVIDED

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?


RESPONSE NOT PROVIDED

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?


RESPONSE NOT PROVIDED

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?


RESPONSE NOT PROVIDED

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?


RESPONSE NOT PROVIDED

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?