Upward Unlimited

EIN: 571031173 501(c)(3) Youth Development

Spartanburg, SC

Total Revenue
$9,347,217
Total Expenses
$7,890,945
Total Assets
$54,109,408
Net Assets
$51,603,547
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
SC
Phone
8649495700
Tax Period
2024-10-01 to 2025-09-30

Upward Unlimited, founded in 1995, is a community nonprofit in the Youth Development sector that reported $9.3M in total revenue in fiscal year 2024. The organization ran a surplus of $1.5M, a strong 16% operating margin.

Mission

Upward Sports is a non-denominational Christian sports ministry that partners with churches to provide programming for children.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,633
Program Service Revenue $90,337
Investment Income $2,479,283
Other Revenue $6,771,964
TOTAL REVENUE $9,347,217

Expense Breakdown

Grants Paid $302,132
Salaries & Benefits $4,595,421
Fundraising Expenses $0
Program Expenses $5,248,629
Other Expenses $2,993,392
TOTAL EXPENSES $7,890,945

Year-over-Year Comparison

2024 2023 Change
Revenue $9,347,217 $8,932,979 +0.0%
Expenses $7,890,945 $10,077,040 -0.2%
Net Income $1,456,272 $-1,144,061 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
50
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$470,032
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Hugh Brantley Secretary/Treasurer 5.0
Officer Director
$0 $0 $0
Michael Chibbaro Vice Chairman 5.0
Officer Director
$0 $0 $0
Tully Brewer Chairman of Board 5.0
Officer Director
$0 $0 $0
Bob Caldwell Sr Board Member 5.0
Director
$0 $0 $0
Courtney Shelton Board Member 5.0
Director
$0 $0 $0
David Bishop Board Member 5.0
Director
$0 $0 $0
Amie Busbee CFO/Assistant Treasurer 50.0
Officer
$170,416 $22,462 $192,878
Kevin Drake Executive Director 50.0
Officer
$274,480 $2,674 $277,154
Andrew Provence Director of Partner Relations 50.0
Highest
$132,140 $23,534 $155,674
Brian Tramel Director of Information Technology 50.0
Highest
$135,120 $26,456 $161,576
Matthew Bradley Director of Supply Chain 50.0
Highest
$138,109 $26,533 $164,642
Mitchell Hollis Director of Upward Running 50.0
Highest
$143,773 $22,154 $165,927
Travis Vaughn Director of Market Research 50.0
Highest
$143,628 $14,182 $157,810
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $9,347,217 $7,890,945 $54,109,408 $1,456,272
2024 $8,932,979 $10,077,040 $50,634,019 $-1,144,061
2023 $19,636,661 $7,952,467 $47,709,418 $11,684,194
2022 $21,946,822 $13,801,006 $35,641,784 $8,145,816
2020 $10,009,588 $11,097,640 $45,595,998 $-1,088,052
2019 $13,293,300 $12,625,985 $47,899,524 $667,315
2018 $13,676,439 $16,060,747 $47,730,508 $-2,384,308
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