Upstream Works
Only null% goes to programs Growing revenue
Upstream Works is a 501(c)(3) organization based in Chapel Hill, North Carolina, registered in 2018, with $900,218 in FY2024 revenue. CharityIndex grades it D.
106 Drayton Ct, Chapel Hill, NC, 27516 EIN 82-5298960 Since 2018
Revenue (FY2024)
$900K
Community median: $184K
Expenses (FY2024)
$1.2M
Net assets
$378K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Upstream Works— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating4 mo reserves · -28% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Upstream Works: 4 mo reserves · -28% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Upstream Works— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Upstream Works: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 106 Drayton Ct, Chapel Hill, NC, 27516
- City
- Chapel Hill
- State
- North Carolina
- Subcategory
- Community & Neighborhood Development
- Website
- …
Financial trends
Revenue grew from $236K (FY2019) to $900K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3,800Net assets $378K
Operating margin
-28.5%
Spent more than it raised in the latest fiscal year.
Total assets
$382K
Total liabilities
$3,800
Net assets
$378K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $900,218 | $1,156,713▲160% | $378,079 | $381,879 | 990 |
| 2023 | $0▼100% | $444,176▲662% | $0 | $0 | 990 |
| 2022 | $282,974▲184% | $58,264▼53.2% | $0▼100% | $0▼100% | 990 |
| 2021 | $99,545▼64.1% | $124,438▼51.7% | $14,625▼63.0% | $14,625▼63.0% | 990EZ |
| 2020 | $277,210▲17.2% | $257,463▲16.7% | $39,518▲99.9% | $39,518▲83.2% | 990 |
| 2019 | $236,460 | $220,625 | $19,771 | $21,571 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $175K total
7 grants to Upstream Works totaling $175K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| North Carolina Community Foundation Inc | Employment (employment preparation & procurement) | 2023 | $50,000 |
| North Carolina Community Foundation Inc | Human services | 2022 | $50,000 |
| Share Our Strength | Childhood hunger programs | 2020 | $30,000 |
| Duke University Health System Inc | General support | 2020 | $15,000 |
| Duke University Health System Inc | General support | 2020 | $15,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $9,300 |
| Research Triangle Institute | General support | 2020 | $6,000 |
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Frequently asked questions
- Is Upstream Works a legitimate nonprofit?
- Yes. Upstream Works is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-5298960, based in Chapel Hill, North Carolina. Donations are tax-deductible.
- What is Upstream Works's EIN?
- Upstream Works's Employer Identification Number (EIN) is 82-5298960.
- How much revenue does Upstream Works report?
- Upstream Works reported $900,218 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Upstream Works have?
- CharityIndex grades Upstream Works D, based on financial health (reserves and operating margin).
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Data for Upstream Works (EIN 82-5298960) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.