Annual Report

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Annual Report 2017 ANNUAL REPORT EMPOWERING THE NEXT GENERATION OF TALENT 1v Welcome 3 Scaling Our Impact 5 In the News 7 Measuring Impact: Research & Evaluation 9 Student & Program Highlights 11 Corporate Highlights 2017 13 Alumni Highlights ANNUAL 15 Year Up Professional Resources REPORT 17 Influence in Action 19 Organizational Highlights 21 Looking Forward 23 Statement of Activities 24 Corporate Partners 28 Supporters 38 Year Up Local Leadership 42 Year Up National Leadership 44 Year Up Locations Photo credits: Michelle Hobson Photography, Cat Laine: Painted Foot, Katie Pietrowski Photography, Marcell L. Pickens, Jr. Evvett Marcell Photography, Photgraphy by Tasha, Sotheara Yem Productions Design: Peter Tucker, ptcreativestrategy.com GERALD CHERTAVIAN, GARRETT MORAN, FOUNDER & CEO PRESIDENT DEAR FRIENDS, When we founded Year Up While we celebrate this progress, we continue to stay hyper- focused on our bold vision for the future. We will prioritize growth seventeen years ago, through our self-sustaining co-location model, to serve more than 8,000 young adults annually by 2021. At the same time, we have we set out to close the Opportunity Divide in this country set our sights ever higher, ramping up our practice change work and provide more young adults with a pathway to upward to create meaningful career pathways for an additional 100,000 economic mobility. As we reflect on 2017, we are proud to Opportunity Youth through our work with employers and training report strong progress toward this ambitious, necessary goal. providers. We know that the Year Up solution, both our direct Our continued growth and evolution would not be possible service model and our work as a technical advisor and partner in without the help of fervent supporters, dynamic collaborators, creating Opportunity Youth talent pipelines across a broader array and innovative corporate partners, like you. We are honored of careers and industries, is one that can work on a much larger to have you by our side, and we thank you for your unyielding scale. And with five million young adults still on the wrong side of belief in the potential of our young adults. the Opportunity Divide in America, it is our duty to scale. The past year brought new growth and our best outcomes Reaching this necessary scale is a challenge we are prepared to date. We have now served more than 19,500 young adults to face head-on, and with our strong progress to date and your across 25 Year Up campuses nationwide, and we grew to partnership, it is a goal we know we can achieve. It is such an serve more than 3,600 young adults in 2017. Even as we honor to witness the potential of our young adults alongside you, grow, our outcomes have continued to rise, with 91% of our and we are forever grateful for your investment of time, money, 2017 graduates employed and/or enrolled in postsecondary and expertise. Your support is instrumental in enabling thousands education within four months of program completion, and more motivated and talented young adults to move from minimum employed graduates earning an average starting salary of wage to meaningful careers and reach their full potential. $39,000 per year. Our graduates are transforming our nation’s workforce and their local communities, making impressive Thank you for being an important partner in our journey. contributions across a wide array of industries and proving themselves to be the social and economic assets we know Be Well, them to be. Gerald Chertavian Garrett Moran Founder & CEO President 1 Empowering the Next Generation of Talent Welcome 2 2017 PUGET SOUND (Seattle, Bellevue) YEAR UP MARKET (Campuses) YEAR UP MARKET THAT GREW 19,500+ STUDENTS SERVED GREATER BOSTON (Downtown, RCC, Quincy) ACROSS 25 CAMPUSES CHICAGO (Downtown, HWC) PROVIDENCE NATIONWIDE NEW YORK (Wall Street, BMCC) SINCE 2000 GREATER PHILADELPHIA WILMINGTON BAY AREA (San Francisco, Silicon Valley, Diablo Valley) BALTIMORE NATIONAL CAPITAL REGION (Arlington, Woodbridge) LOS ANGELES ARIZONA 2017 marked another incredible year GREATER ATLANTA (Midtown, ATC) for growth, leaving us energized by our progress and confident in our strategic DALLAS/FORT WORTH direction. We closed the year celebrating the more than 19,500 young adults we served across 25 Year Up campuses, a milestone enabled by another year of expansion, growth, and innovation. We launched a JACKSONVILLE new market in Wilmington, DE, opened a third campus in the Bay Area in partnership Scaling Our with Diablo Valley College, and expanded capacity in five existing campuses to serve IMPACT more students in Baltimore, Greater Atlanta, SOUTH FLORIDA Jacksonville, Puget Sound, and South Florida. These efforts allowed us to serve more than 3,600 talented young adults in 2017, a 20% increase over 2016, bringing us one step closer to our ambitious goal of scaling to serve more than 8,000 young adults, annually, by 2021. 3 25 CAMPUSES Scaling Our Impact 4 2.5 Million+ 115+ PRESS RELEASE IMPRESSIONS IN 2017 LOCAL AND NATIONAL IN THE NEWS MEDIA FEATURES IN 2017 Getting High School Grads into the Closed Off World of Tech Year Up Lifts the Next Generation I don’t think there is any clearer The model solves a growing problem in a tight correlation to the HBS mission of economy: Across the country, hundreds of ‘Educating leaders who make a thousands of people are stuck in low paying difference in the world,’ than Year Up,” jobs with little room for upward mobility, while says David Helen of HBS. “More than a employers can’t find enough qualified workers standard working internship, Year Up at for jobs that don’t require college degrees. Year HBS is an educational experience. For Up takes students who might not otherwise many it is their first window into a world know how to negotiate the working world and that might typically be unreachable. gives them the skills they need to make it in From day one, interns are learning demand jobs. about new technologies, developing confidence, and building social and professional skills. By tearing down the opportunity gap, they are indeed making a difference in the world. Year Up Matches Urban Youth to a Hungry Job Market The positive response goes both ways. Year Up’s corporate partners see the program as a way for them to help address a societal issue while benefiting from the skills Year Up students offer. As program veterans like to say, “It’s not a handout, it’s a hand up.” In July 2017, Year Up Alumnus Taj Jackson participated in a bipartisan panel discussion hosted by the House Committee on Education and the Workforce. Titled, “Investing in our Next Workforce: The Business Cases for Hiring Opportunity Youth,” the discussion focused on the social and economic value Opportunity Youth can add to our communities and the economy. 5 Empowering the Next Generation of Talent In the News 6 In 2017, we proudly published results from the 2016 Alumni Survey, which was open to approximately 9,500 alumni who graduated Year Up continued to advance its research and evaluation between July 2002 and July 2016. Designed and analyzed in Measuring Impact: work in big ways in 2017—launching the second phase partnership with top-notch research firm ICF-International, the of the IES study, publishing results of the 2016 Alumni survey is an important part of our strategic priority to foster RESEARCH Survey, and developing strong partnerships with leading alumni leadership and advancement and gives us a more robust universities and research firms. understanding of how alumni are progressing in four key areas: career, & EVALUATION higher education, engagement with Year Up and their communities, In partnership with Abt Associates and funded by a and quality of life. The survey revealed that: prestigious research grant awarded by the Institute of Education Sciences (IES), we began the first phase of a • Employed alumni earned an average wage of $22 per hour four-year study to evaluate our program model in college (compared to a U.S. average of $17 per hour for individuals with settings (PTC channel) in 2016. The second phase launched some college or an associate’s degree) Research & Evaluation in 2017 with a randomized controlled trial to track long- • 75% of alumni are employed in full-time jobs term education and employment outcomes. Year Up • 70% of alumni are pursuing or have pursued higher education Baltimore and Year Up Puget Sound’s Bellevue Campus • 65% of alumni have referred a student to Year Up successfully hit recruitment targets for the study, and we • 93% of alumni are satisfied with Year Up look forward to sharing a preliminary report in late 2019. We also made steady progress on the three targeted We are excited that the survey both confirmed that our alumni are mini-studies launched in 2016, completing the college experiencing long-term success and identified several key areas persistence mini-study, which focused on higher education where we can continue to improve. trajectories among PTC students since 2010. Study findings showed Year Up students entering the PTC channel with We were hyper-focused on developing and expanding key a wide variety of past college experiences: 42% have no partnerships with leading universities and research firms in 2017, prior enrollment; 30% have less than a year; 28% have over and we are propelled by their contributions. In partnership with a a year of cumulative college experience, but commonly graduate student research team from MIT, we investigated retention not consecutive. The study concludes that by supporting patterns across different Year Up student groups to identify students students in continuing college immediately following Year in need of targeted support to reduce risk of attrition. This work led Up completion, even part-time, we could mitigate the risk to a new partnership with Harvard University’s Education Innovation of longer-term separation from school.
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