Up Rva

Nonprofit profile at a glance

EIN
474180116
IRS 990 coverage
2016–2024
Forms available
Form 990 2024, Form 990-EZ 2015
Location
Richmond, VA, USA
Phone
8043562052
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Student Services, Organizations of Students

Official website

Reported finances

Revenue
$2,007,164
Expenses
$1,489,575
Assets
$4,625,433
Liabilities
$7,596

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Highest reported compensation

  • GREG MCCANDLESS (EXECUTIVE DI): $121,033 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Up rva aims to bridge the gap between children from limited economic resources in the city of richmond and independent schools. This bridge also extends to richmond public school students who have access to our after- school program and transportation services. We will build this bridge by providing services that advocate, support, and empower students to take advantage of this educational opportunity that was once thought to be unattainable. Assistance is also provided to students who have progressed through the up rva program and are now attending college.

What it reported doing in 2024

Up rva builds a bridge between economically disadvantaged children from the city of richmond, va and surrounding independent schools. Up rva also provides support through college and tuition support to older students. Up rva provides support in the following ways: -daily transportation to and from independent schools in richmond, va. -after school program from 4 p.m.-8 p.m. That offers tutors, laptop access, and dinner for each student. -summer remediation. -assistance with the extra financial obligation of attending an independent school (ex. Field trip costs, meal plans, athletic fees, etc.). -communication between independent schools and families - each of up rva's students begins the school year with an action plan in place with their specific school. These plans are customized to maximize social and academic success for the individual student. -up rva's students also completed a three-week independent school boot camp that exposed them to math curriculum, academic service professionals, and a crash course in technology.

Operating model

Revenue model
Donor-supported. 89% of the money available for current operations came from contributions and gifts.
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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 92
  • Accountability: 79
  • Sustainability: 75
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61%; rating input score 61
  • Program expense ratio: 78.5%; rating input score 79
  • Fundraising efficiency: $11.93 raised per $1 spent on fundraising; rating input score 43; 43rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • 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: 25.8%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 3.11; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 92; 92nd percentile among comparable filings
  • Officer compensation ratio: 8.1%; rating input score 36; 36th percentile among comparable filings

Growth

  • Program expense growth: 17.2% per year; rating input score 100; 81st percentile among comparable filings
  • Revenue growth: 19.6% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 28.8% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 61% of revenue deployed · 78.5% of spending went to programs
  • Governance: 14 of 14 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.2M in reported program spending
  • Leadership: top reported pay $121K · 15 people listed
  • Consistency: 32 of 32 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 4 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 43/100.
  • Moderate — Sustainability: Officer compensation ratio scored 36/100.