Upturn Inc
- Assets
- $5.3m
- Revenue
- $827.6k
- Investments
- $0.0
- Employees
- 15
- Location
- Washington, DC
- Founding
- 09/2017
- Data as of
- 12/2023
- EIN
- 81-4574412
Organization Overview
Upturn Inc is located in Washington, DC. The organization was established in 2017. As of 12/2023, Upturn Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Upturn Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Upturn Inc generated $827.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
UPTURN ADVANCES EQUITY AND JUSTICE IN THE DESIGN, GOVERNANCE, AND USE OF TECHNOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UPTURN BELIEVES TECHNOLOGY SHOULD ADVANCE JUSTICE, NOT AMPLIFY RACIAL AND ECONOMIC INEQUITIES. WE DRIVE POLICY CHANGE THROUGH RIGOROUS RESEARCH, LEGAL AND POLICY ADVOCACY, AND TIMELY COLLABORATIONS. WE WORK ACROSS DISCIPLINES, BRINGING COMPUTER SCIENCE, QUANTITATIVE, AND LEGAL AND POLICY EXPERTISE TO BEAR ON THE MOST PRESSING CIVIL RIGHTS CHALLENGES. WE SEEK OUT PARTNERSHIPS WITH LOCAL AND NATIONAL ADVOCATES, LITIGATORS, ACADEMICS, AND OTHERS TO ENSURE OUR WORK IS RESPONSIVE, INFORMED, AND GROUNDED. OUR PROGRAM AREAS INCLUDE CRIMINAL JUSTICE REFORM, EQUAL EMPLOYMENT, FAIR HOUSING, FAIR CREDIT, AND BUILDING A STRONG SOCIAL SAFETY NET. (CONTINUED ON SCHEDULE O)IN EACH AREA, WE INVESTIGATE SPECIFIC APPLICATIONS OF TECHNOLOGY AND AUTOMATION THAT MAY HARM HISTORICALLY UNDERPRIVILEGED COMMUNITIES. WE BELIEVE THAT IT TAKES PROACTIVE ATTENTION TO MAKE SURE THAT TECHNOLOGY - AND THOSE WHO BUILD AND USE IT - SERVES SOCIETY FAIRLY. WITHOUT CARE, TECHNOLOGY CAN REINFORCE INEQUITABLE SYSTEMS FOUND EVERYWHERE IN OUR SOCIETY. WE PRODUCE INDEPENDENT, PROACTIVE RESEARCH TO CLARIFY AND FRAME OUR PRIORITY ISSUES FOR KEY STAKEHOLDERS, THROUGH PUBLIC REPORTS, LEGAL AND REGULATORY FILINGS, TECHNICAL STUDIES, AND SCHOLARLY ARTICLES. WE PAIR OUR RESEARCH WITH A WIDE RANGE OF POLICY ADVOCACY STRATEGIES, INCLUDING CONGRESSIONAL TESTIMONY, AMICUS BRIEFS, CORPORATE ADVOCACY, AND DIRECT SUPPORT TO ATTORNEYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harlan Yu President & Executive Director | OfficerTrustee | 40 | $192,944 |
Nabiha Syed Secretary | OfficerTrustee | 1 | $0 |
Paul Ohm Treasurer (until 11/2023) | OfficerTrustee | 1 | $0 |
Brandi Collins-Dexter Bd Mem, Then Treas (trans 12/2023) | OfficerTrustee | 1 | $0 |
Mitra Ebadolahi Senior Project Director | 40 | $158,035 | |
Mingwei Hsu Senior Quantitative Analyst | 40 | $155,785 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $772,336 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $772,336 |
| Total Program Service Revenue | $2,000 |
| Investment income | $52,477 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $827,647 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $219,883 |
| Compensation of current officers, directors, key employees. | $76,959 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,226,149 |
| Pension plan accruals and contributions | $120,913 |
| Other employee benefits | $93,490 |
| Payroll taxes | $115,627 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,040 |
| Fees for services: Accounting | $68,953 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,739 |
| Advertising and promotion | $0 |
| Office expenses | $22,553 |
| Information technology | $16,130 |
| Royalties | $0 |
| Occupancy | $20,559 |
| Travel | $42,155 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,052 |
| Interest | $1,406 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,196 |
| All other expenses | $0 |
| Total functional expenses | $1,994,293 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $348,352 |
| Savings and temporary cash investments | $2,140,017 |
| Pledges and grants receivable | $2,758,997 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,375 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,224 |
| Total assets | $5,262,965 |
| Accounts payable and accrued expenses | $133,469 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $133,469 |
| Net assets without donor restrictions | $1,301,147 |
| Net assets with donor restrictions | $3,828,349 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,262,965 |