Upstream Works

EIN: 825298960 501(c)(3) Community Improvement

Chapel Hill, NC

Total Revenue
$1,657,868
Total Expenses
$1,079,908
Total Assets
$962,813
Net Assets
$956,041
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NC
Principal Officer
Linden Thayer
Phone
5413370603
Tax Period
2025-01-01 to 2025-12-31

Upstream Works, founded in 2018, is a community nonprofit in the Community Improvement sector that reported $1.7M in total revenue in fiscal year 2025. Revenue surged 84% from the prior year, signaling strong growth momentum. The organization ran a surplus of $578K, a strong 35% operating margin.

Mission

Upstream Works Collaborative provides creative,accessible service solutions to help changemakers navigate complex challenges. We support grassroots leaders, community initiatives, and early-stage nonprofits by offering the critical infrastructure they need to focus on their mission and create lasting impact.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,657,798
Program Service Revenue $0
Investment Income $70
Other Revenue $0
TOTAL REVENUE $1,657,868

Expense Breakdown

Grants Paid $91,500
Salaries & Benefits $125,479
Fundraising Expenses $0
Program Expenses $1,023,326
Other Expenses $862,929
TOTAL EXPENSES $1,079,908

Year-over-Year Comparison

2025 2024 Change
Revenue $1,657,868 $900,218 +0.8%
Expenses $1,079,908 $1,156,713 -0.1%
Net Income $577,960 $-256,495 -3.3%
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
5
Independent Members
5
Employees
3
Volunteers
500

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
4
$0
Total Directors
2
$40,026
Key Employees
1
$40,026
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Linden Thayer Executive Director 10.00
Director Key Emp Highest
$40,000 $26 $40,026
Beth Katz President 1.00
Officer
$0 $0 $0
Mark Dessauer Secretary 1.00
Officer
$0 $0 $0
Beverly Scurry Vice President 1.00
Officer
$0 $0 $0
Yvette Missri At Large 1.00
Director
$0 $0 $0
Julia Katz Treasurer 1.00
Officer
$0 $0 $0
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 $1,657,868 $1,079,908 $962,813 $577,960
2024 No data No data No data No data
2023 $839,413 $444,176 $634,573 $395,237
2023 No data $444,176 No data No data
2022 $282,974 $58,264 No data $224,710
2020 $277,210 $257,463 $39,518 $19,747
2019 $236,460 $220,625 $21,571 $15,835
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