Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 34-1850567

UPWARD BOUND YOUTH

Tax-exempt · SMITHVILLE, OH 44677

Financials

$5.9M$5.5M2023$222.2M$32.1M2024
Revenue Expenses · by fiscal year end
Financials of UPWARD BOUND YOUTH by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$222,201,859$32,076,235$190,125,624$206,666,740$2,095$206,664,645
December 31, 2023990$5,907,308$5,480,555$426,753$14,834,526$13,039$14,821,487
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$35,919,672
Program service revenue
$1,990
Investment income
$186,196,677
Net gain from sales of assets
$182,167,308
Other revenue
$83,520

Expenses

Grants and similar amounts paid
$26,005,110
Compensation of officers, directors and key employees
$330,218
Other salaries and wages
$382,969
Salaries, compensation and benefits (total)
$866,556
Professional fundraising fees
$0
Legal fees
$4,178,721
Accounting fees
$80,486
Occupancy
$13,107
Travel
$153,876
Depreciation
$85,760
Program services (functional)
$27,050,543
Management and general (functional)
$5,013,868
Fundraising (functional)
$11,824

Balance sheet and other

Total assets, start of year
$14,834,526
Total assets, end of year
$206,666,740
Total liabilities, end of year
$2,095
Net assets, end of year
$206,664,645
Land, buildings and equipment
$142,492
Publicly traded securities
$20,226,720
Net assets without donor restrictions
$206,664,645
Gross receipts
$225,100,947
Employees
15
Volunteers
18
Year formed
1998
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
RICHARD JANKOVEXECUTIVE DI
Trustee or director, Officer
60$134,900
STEPHANIE MCCOYAST. EXEC. D
Trustee or director, Officer
45$108,655
KRISTA STONEDIRECTOR
Trustee or director, Officer
45$83,589
MARGRET JANKOVDIRECTOR
Trustee or director, Officer
20$41,574
JOHN GUTAIDIRECTOR
Trustee or director
4$11,750
NATHAN JANKOVDIRECTOR
Trustee or director
4$11,750
RON FAIRCHILDDIRECTOR
Trustee or director
4$7,250
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
RICHARD JANKOVEXECUTIVE DI
Trustee or director, Officer
65$94,000
STEPHANIE MCCOYAST. EXEC. D
Trustee or director, Officer
50$64,000
MARGRET JANKOVDIRECTOR
Trustee or director, Officer
25$29,200
KRISTA STONEDIRECTOR
Trustee or director, Officer
45$29,094
RON FAIRCHILDDIRECTOR
Trustee or director
10$0
JOHN GUTAIDIRECTOR
Trustee or director
4$0
NATHAN JANKOVDIRECTOR
Trustee or director
10$0

Address and contacts

Address (IRS master file)
887 W MAIN ST, SMITHVILLE, OH 44677-9401
In care of
% RICHARD A JANKOV
Principal officer (990 for 2024)
RICHARD JANKOV, PO BOX 657, WOOSTER, OH 44691
Signed the 990
RICHARD JANKOV, EXECUTIVE DIRECTOR
Phone
(330) 944-9038
Return prepared by
SKINNER CLOUSE GROUP PLLC

Mission

TO DEVELOP AND PROVIDE PROGRAMS, FACILITIES, AND RESOURCES TO AID YOUTH AND THEIR FAMILIES IN THEIR SPIRITUAL, PHYSICAL, EMOTIONAL AND EDUCATIONAL DEVELOPMENT. IN ACCORDANCE WITH OUR SINCERELY HELD RELIGIOUS BELIEFS.

990 for the year ended December 31, 2024

Program accomplishments

  • YOUTH PROGRAMS, INCLUDING AFTER-SCHOOL, WEEKEND, SUMMER AND HOLIDAY EVENTS TOTALED OVER 6,000 STAFF AND VOLUNTEER HOURS. IN ADDITION, A LIMITED AMOUNT OF HOURS WERE DEVOTED TO DEVELOPING AND PROVIDING WRAP-AROUND-CARE FOR FAMILIES. LASTLY, TIME SPENT IN PLANNING, COORDINATING & IMPLEMENTING PROGRAMS FOR THE LOCAL COMMUNITY ALONG WITH SUPPORT OF OTHER COMPATIBLE NON-PROFIT AND RELIGIOUS MINISTRIES ARE ALSO INCLUDED.
    Expenses $8,935,295 · grants $8,269,106
  • THE DEVELOPMENT AND TEACHING OF BIBLICAL STUDIES, A CHRISTIAN WORLDVIEW AND SPIRITUAL FORMATION FOR INDIVIDUALS IS AN INTEGRAL PART OF THE MINISTRY WORK. IN ADDITION, COORDINATION OF GRANTS AND PROGRAMS WITH OTHER COMPATIBLE NON-PROFIT AND RELIGIOUS ORGANIZATIONS WAS AN ON-GOING COMPONENT OF THE MINISTRY. LASTLY, EFFORTS TOWARDS UNIVERSITY ACCREDITATION WITH A CHRISTIAN UNIVERSITY WAS ALSO INITIATED. STAFF AND VOLUNTEER HOURS EXCEEDED 3,000 HOURS FOR THE YEAR.
    Expenses $2,324,021 · grants $2,085,000
  • PROJECT DEVELOPMENT OF MULTI-USE FACILITIES FOR YOUTH AND ADULT EDUCATION, WELLNESS, SPORTS, RECREATION AND SPIRITUAL CARE ARE AN ACTIVE PART OF THE MINISTRY OF UPWARD BOUND YOUTH. MORE THAN 2,000 HOURS WERE INVESTED AND SUBSTANTIAL COORDINATION, PARTICIPATION, AND GRANT-MAKING, WITH COMPATIBLE NON-PROFIT MINISTRIES, WERE INITIATED DURING THE YEAR.
    Expenses $15,791,227 · grants $15,651,004

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
34-1850567
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X99)
Assets (IRS master file)
$206,666,740
Income (IRS master file)
$225,100,947

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$222,201,859$32,076,235$206,666,740IRS
990December 2023$5,907,308$5,480,555$14,834,526XML
990December 2022$7,981,211$2,240,641$7,800,055IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 34-1850567).

Questions about UPWARD BOUND YOUTH

What is the EIN of UPWARD BOUND YOUTH?
The employer identification number (EIN) of UPWARD BOUND YOUTH is 34-1850567.
Is UPWARD BOUND YOUTH tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to UPWARD BOUND YOUTH tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UPWARD BOUND YOUTH file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of UPWARD BOUND YOUTH due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did UPWARD BOUND YOUTH last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of UPWARD BOUND YOUTH?
The 990 for the year ended December 31, 2024 names RICHARD JANKOV.
Who are the officers and directors of UPWARD BOUND YOUTH?
The 990 for the year ended December 31, 2024 lists 7 people; 7 received compensation from the organization, the highest $134,900 (RICHARD JANKOV, EXECUTIVE DI).
How much revenue does UPWARD BOUND YOUTH have?
On its 990 for the year ended December 31, 2024 it reported revenue of $222,201,859, expenses of $32,076,235 and total assets of $206,666,740 at year end.

Other nonprofits in SMITHVILLE

All nonprofits in SMITHVILLE · Ohio · Religion-related