UNIFIED POTENTIAL INC DBA MOVEUP

EIN: 830928918 501(c)(3) Human Services

LYNCHBURG, VA

Total Revenue
$111,173
Total Expenses
$127,283
Total Assets
$117,051
Net Assets
$-21,235
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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
VA
Principal Officer
JOHN M SALMON IV
Phone
4344441200
Tax Period
2023-01-01 to 2023-12-31

UNIFIED POTENTIAL INC DBA MOVEUP, founded in 2018, is a small nonprofit in the Human Services sector that reported $266K in total revenue in fiscal year 2022. Revenue surged 957% from the prior year, signaling strong growth momentum. The organization ran a surplus of $89K, a strong 33% operating margin.

Mission

UNIFIED POTENTIAL IS PRIMARILY DEVOTED TO BUILDING SYSTEMS THAT ENABLE PEOPLE TO MAKE CONNECTIONS. IN PARTICULAR, THESE SYSTEMS WILL ENABLE ACCESS FOR UNDER-RESOURCED GROUPS TO WHOM EXISTING SYSTEMS ARE INACCESSIBLE. DOING BUSINESS AS MOVEUP, UNIFIED POTENTIAL PROVIDES PERSONS WITH CONNECTIONS TO NON-PROFIT TRANSPORTATION OPTIONS. THE SYSTEM IS DESIGNED TO BE ACCESSIBLE BY ALL INDIVIDUALS, REGARDLESS OF AGE OR FUNCTIONAL STATUS. THESE GROUPS INCLUDE BUT ARE NOT LIMITED TO: AMBULATORY ADULTS WITH LIMITED FINANCIAL MEANS; CHILDREN WHO MAY NEED TO BE TRANSPORTED WITH THE CONSENT OF PARENTS OR GUARDIANS BUT WITHOUT AN ADULT PRESENT; ADULTS WHO NEED ADDITIONAL ASSISTANCE AND ARE THUS SOMEWHAT VULNERABLE SUCH AS ELDERLY; DISABLED INDIVIDUALS IN FOLDING OR ELECTRIC WHEELCHAIRS; OR EVEN THOSE WITH MORE ADVANCED MEDICAL NEEDS SUCH AS TRAVELING WITH A CAREGIVER OR REQUIRING A NON-EMERGENT AMBULANCE TRANSPORT.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $111,173
Investment Income $0
Other Revenue $0
TOTAL REVENUE $111,173

Expense Breakdown

Grants Paid $0
Salaries & Benefits $39,417
Fundraising Expenses $0
Program Expenses $127,283
Other Expenses $87,866
TOTAL EXPENSES $127,283

Year-over-Year Comparison

2023 2022 Change
Revenue $111,173 $266,018 -0.6%
Expenses $127,283 $177,336 -0.3%
Net Income $-16,110 $88,682 -1.2%
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

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Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN M SALMON IV DIRECTOR 10.00
Director
$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
2024 No data No data No data No data
2023 $111,173 $127,283 $117,051 $-16,110
2022 $266,018 $177,336 $166,938 $88,682
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