Looking Upwards Inc
Nonprofit profile at a glance
- EIN
- 050376075
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Middletown, RI, USA
- Phone
- 4018470960
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Group Homes
Reported finances
- Revenue
- $37,219,996
- Expenses
- $37,447,785
- Assets
- $23,646,776
- Liabilities
- $12,940,578
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- CARRIE MIRANDA (EXECUTIVE DIRECTOR (AS OF 7/30))
- JACK O'CONNOR (PRESIDENT)
Highest reported compensation
- CARRIE MIRANDA (EXECUTIVE DIRECTOR (AS OF 7/30)): $205,460 total reported compensation
- CAROLYN SOUSA (CLINICAL DIRECTOR): $153,836 total reported compensation
- RANDY MACHADO (PSYCHOLOGIST): $153,508 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Looking upwards provides services for children and adults of all abilities, promoting growth and independence so that individuals may realize their potential and live fulfilling lives.
What it reported doing in 2024
Day and employment services programs - in partnership with the person and his or her family, looking upwards assists with creating a unique, customized day that highlights the person's preferences. Looking upwards' day services support individuals to create meaningful opportunities for membership within the community, learn new and varied skills and expand talents and interests. Looking upwards employment services help people to find gainful employment through offering vocational assessments, job placement, on-the-job training, consultation for employers and the option of ongoing employment support.
Operating model
- Revenue model
- Earned-program. 82% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 70
- Accountability: 76
- Sustainability: 31
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.4%; rating input score 88
- Program expense ratio: 87.8%; rating input score 88
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 66.7%; rating input score 67; 11th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.6%; rating input score 28; 28th percentile among comparable filings
- Total-asset coverage ratio: 0.63; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0.55; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 2.7%; rating input score 71; 71st percentile among comparable filings
Growth
- Program expense growth: 8.8% per year; rating input score 100; 65th percentile among comparable filings
- Revenue growth: 9% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 14.4% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 88.4% of revenue deployed · 87.8% of spending went to programs
- Governance: 4 of 6 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $32.9M in reported program spending
- Leadership: top reported pay $205K · 12 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $2.8M reported
- Consistency: 32 of 32 current checks pass
- Schedules: 8 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 28/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 25/100.