UPWARD BOUND SENIOR VILLA INC Charity Report

Public IRS 990 nonprofit record

UPWARD BOUND SENIOR VILLA INC

EIN 95-4468960 · Housing & Shelter (L220)

What they do

PROVIDE AFFORDABLE RENTAL HOUSING WITH LINKS to SERVICES for LOW-INCOME SENIOR CITIZENS BY PROVIDING SAFE and COMFORTABLE FACILITIES, A PRODUCTIVE INTERGENERATIONAL COMMUNITY, and THE RESOURCES ESSENTIAL to LEAD ENRICHED, EMPOWERED, and INDEPENDENT LIVES

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

116.27%of revenue went to mission work88.8% of expenses · Program services

$130.92spent for every $100 of revenueSpending was higher than revenue this year.

14.65%of revenue went to management and office costs11.2% of expenses

$7.05in assets for every $1 spent this yearSome assets cannot be spent right away.

49.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $181,058 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $11,829 for CHRISTINE MIRASY-GLASCO (CEO & PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$585,570

Mission workProgram services$680,821116.27% of revenue88.8% of expenses

ManagementOffice and general costs$85,80714.65% of revenue11.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$766,628130.92% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202488.8% mission

202387.4% mission

202287.7% mission

202189.5% mission

202089.0% mission

201988.7% mission

201889.4% mission

201779.8% mission

Money in and money out

Revenue$585,570

Expenses$766,628

Annual shortfall $181,058 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$680,821 · 88.8% of expenses

Management and office costs$85,807 · 11.2% of expenses

See all reported dollar amounts

Revenue$585,570

Expenses$766,628

Assets$5,406,516

Income$585,570

Contributions$290,708

Mission work (program services)$680,821

Management and general$85,807

Accounting fees$14,421

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CHRISTINE MIRASY-GLASCOCEO & PRESIDENT · 5 hrs/week $11,829Base · Other $11,829

ERIC SARKISYANCFO (AS OF 9/2024) · 5 hrs/week $1,288Base · Other $1,288

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (16)

CHRISTINE MIRASY-GLASCOCEO & PRESIDENT

ERIC SARKISYANCFO (AS OF 9/2024)

BOOKER PEARSONDIRECTOR

CINDY MAROUNPRESIDENT

CINDY MCQUADEDIRECTOR

GLENDA MARTINEZVICE PRESIDENT

GREGG BATSONDIRECTOR

JAMIE TIERNEYDIRECTOR

JANE SPIEGELDIRECTOR

KIM DEFENDERFERDIRECTOR

KITTY WALLACEDIRECTOR

REVEREND PATRICIA FARRISDIRECTOR

RUSSELL WHITTENBURGDIRECTOR

RYAN LEGGIOSECRETARY

TOM WILSONDIRECTOR

TRACY EDWARDSTREASURER

About this charity

Recognized since: January 1994
Location: 1104 WASHINGTON AVENUE, SANTA MONICA, CA 90403
County: Los Angeles
In care of: ERIC SARKISYAN
Primary officer: ERIC SARKISYAN, CFO

How to reach them

WebsiteVisit the charity’s website Emailinfo@upwardboundhouse.orgbottom Phone(310) 458-7779

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: COHNREZNICK ADVISORY LLC
NTEE classification: Housing & Shelter (L220)