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SUITUP INCORPORATED

NEW YORK, NY · EIN 463381399 · Form 990 · FY2024 · NTEE B99 · Education · Medium ($1M-$10M) · volunteersuitup.org
revenue
$1.2M
expenses
$1.5M
net assets
$337K
employees
17
volunteers
2,492
program ratio
57%
mission · from form 990

TO INCREASE CAREER READINESS FOR ALL STUDENTS THROUGH INNOVATIVE BUSINESS PLAN COMPETITIONS. SUITUP'S VISION IS TO ALIGN THE INCENTIVES OF SCHOOLS AND CORPORATIONS TO ENSURE THAT ALL STUDENTS HAVE THE ACCESS AND AWARENESS TO PURSUE THE COLLEGE AND CAREER OF THEIR CHOOSING.

profile · synthesized from sources

SuitUp Incorporated is an education nonprofit that increases career readiness for students through business plan competitions and corporate volunteer engagement. The organization connects underserved middle and high school students with corporate mentors from companies like Goldman Sachs, Salesforce, and NBC Universal. Students develop entrepreneurial skills by creating and pitching business ideas, supported by a full-service program that requires minimal preparation from partner organizations.

named programs · 6 · from sources

What they call their work

Business Competition
Traditional SuitUp program where students form teams to create new business products or solutions mentored by corporate volunteers, culminating in a pitch to business experts for a cash prize.
CEO Assembly
Event featuring CEO speakers who engage directly with students to inspire leadership and demonstrate accessible paths to executive roles.
College & Career Panel
Interactive session where students hear from professionals about educational pathways and career opportunities across industries.
Mock-Interview Simulation
Program that provides students with realistic interview practice led by corporate professionals to build confidence and career readiness skills.
Networking Mixer
Structured networking event connecting students with corporate volunteers to build professional relationships and exposure to workplace culture.
Think Tank
Collaborative problem-solving session where students and corporate volunteers work together on real-world business challenges.
activities · 12 groups

What they do

  • Financial Literacy Education Programs 1 activity
    • Develops educational apps for financial literacy instruction
      Creates digital tools, including educational apps, to teach financial literacy to students in school settings.
  • Youth Soccer Development Programs 1 activity
    • Engages student-athletes through sports-centered educational challenges
      Designs and delivers educational programs that integrate sports themes to engage student-athletes in career-readiness and entrepreneurship learning.
  • Volunteer Engagement and Capacity Support 1 activity
    • Facilitates corporate volunteer engagement in student career-readiness programs
      Coordinates structured employee engagement events for corporate partners, including business competitions, mock interviews, networking mixers, college and career panels, CEO assemblies, and think tanks. Provides full-service event management, volunteer onboarding, preparation sessions, and custom impact reporting. Events are offered in-person or remotely and have engaged 16,000 corporate volunteers.
  • Industry and Community Recognition Awards 1 activity
    • Hosts annual gala to advance mission of increasing career readiness
      Organizes a yearly gala event to celebrate organizational achievements and further its mission of increasing career readiness among underserved students.
  • Student Progress Assessment & Program Evaluation 1 activity
    • Measures and reports program impact through external research
      Commissions and utilizes external research to evaluate program outcomes, including improvements in student academic self-perception, attitude toward school, and motivation to learn, as documented in a study by Columbia University social impact fellows.
  • Organizational Governance & Leadership Development 1 activity
    • Operates a Senior Advisory Council to support organizational strategy and partnerships
      Manages a council of emerging professionals who provide strategic guidance, assist with fundraising, and help expand corporate and community partnerships.
  • Youth Entrepreneurship & Financial Literacy Education 1 activity
    • Organizes business plan competitions for students with mentorship and cash prizes
      Designs and implements experiential business competitions where student teams develop and pitch new products or solutions with coaching from corporate volunteers, culminating in a judged pitch event and awarding of cash prizes. These events are delivered in-person or virtually and have engaged over 25,000 students.
  • College Access and Success Support 1 activity
    • Partners with educational institutions to increase college application pipeline for diverse students
      Collaborates with schools and educational organizations to strengthen pathways for underrepresented students into higher education.
  • Student Career Readiness and Internship Placement 1 activity
    • Provides free entrepreneurship and career-readiness events for middle and high school students
      Offers in-person and virtual career-readiness programs including business competitions, mock interviews, and networking events at no cost to middle and high school students. Programs are delivered in partnership with schools, youth organizations, and corporations.
  • Child & Youth Meal Programs 1 activity
    • Provides meals during in-person student events
      Supplies lunch to students and chaperones attending in-person career-readiness and entrepreneurship events.
  • Workplace and Affiliate Giving Programs 1 activity
    • Secures philanthropic support from corporate partners
      Raises funds from corporate partners, securing over $4 million in philanthropic support across more than 30 states since 2020.
  • Uncategorized 1 activity
    • Develops custom volunteer experiences aligned with corporate partners’ brand and values
      Designs and delivers tailored employee engagement programming for corporate partners that reflect their organizational identity and strategic goals, including remote and multi-location events. Examples include five projects conducted with Goldman Sachs in one year.
financials · form 990 · fy2024
revenue
Total revenue$1.23M
Contributions & grants$1.22M100%
Program service revenue$11K1%
Investment income$5290%
Other revenue$-8K
expenses
Total expenses$1.54M
Program expenses57%
Admin / overhead33%
Fundraising10%
Salaries & benefits$1.10M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$340K
Cash$321K
Investments$13K
Liabilities$3K
Net assets$337K
Liquid reserves2.6 mo
5 years on record · 2019–2024 · YoY revenue -27.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
KELSEY SMITH INTERIM EXEC 40 $122K
BENJAMIN PAH EXECUTIVE DI 40 $102K
LAUREN REILLY EXECUTIVE DI 40 $52K
board members · 12
  • ANDY ANDERSON — BOARD MEMBER
  • CASEY MILLER — VICE CHAIR
  • CHARLES ZHOU — BOARD MEMBER
  • CHRIS MARSICANO — BOARD MEMBER
  • CINDY VINUEZA — BOARD MEMBER
  • DANIEL GLUCK — SECRETARY
  • JORDAN GRAUMANN — TREASURER
  • MICHAEL CASTIGLIONE — BOARD MEMBER
  • NUPUR SADIWALA — BOARD MEMBER
  • SAREENA BROOKSHIRE — BOARD MEMBER
  • SHAWN MANGAR — BOARD MEMBER
  • ZACH GRAUMANN — BOARD CHAIR
relationships · 36

Who they work with

  • AlixPartners Partner — Corporate partner that has collaborated with SuitUp in a program event.
  • Amazon Partner — Corporate partner whose employees have participated in SuitUp programs.
  • Boston College Partner — Partnered to increase the pipeline of diverse students applying to the college.
  • Chobani Partner — Collaborated to create a custom volunteer experience reflecting Chobani's brand and values.
  • Christina Castro Partner — Director of Impact Events at SuitUp Incorporated, responsible for coordinating gala sponsorships and partnerships
  • Columbia University Partner — Collaborated with social impact fellows to evaluate the impact of SuitUp programming on student outcomes.
  • Corporations Partner — Partners with corporations to align incentives and support student pathways to college and career.
  • Felix Gray Partner — Corporate partner that participated in SuitUp programming to support student college and career readiness.
  • FoolProof Partner — Collaborated to create an app for teaching financial literacy to students in schools.
  • Forbes Partner — Corporate partner that provided philanthropic support to SuitUp.
  • Fortune 500 companies Partner — Partners with Fortune 500 companies to provide corporate mentors and expose students to real industry skills and diverse career paths.
  • Goldman Sachs Partner — Corporate partner that has conducted multiple employee engagement projects with SuitUp.
  • Goldman Sachs Partner — Corporate partner that provided philanthropic support to SuitUp.
  • Grady Health System Partner — Partner organization collaborating with SuitUp on programming.
  • More Than Baseball Partner — Collaborated to engage student-athletes through a sports-centered challenge.
  • Morgan Stanley Partner — Partnered to facilitate a low-lift, skills-based in-person volunteer day for employees.
  • NBC Universal Partner — Corporate partner that provided philanthropic support to SuitUp.
  • Nike Partner — Corporate partner providing real-world challenges for students to solve
  • Pictet Asset Management Partner — Corporate partner that has participated in a SuitUp program event.
  • Salesforce Partner — Corporate partner that provided philanthropic support to SuitUp.
  • Salesforce Partner — Partnered to engage teams across multiple U.S. markets and offices in volunteer programming.
  • Schools Partner — Collaborates with schools to align incentives and increase student access to college and career opportunities.
  • Snap Inc. Partner — Corporate partner that provided philanthropic support to SuitUp.
  • Snapchat Partner — Partnered to design a career-readiness experience beyond SuitUp’s traditional model.
  • TJX Partner — Collaborated to create a custom volunteer event for their remote-first team.
  • TYWLS Bronx Partner — Youth organization that has partnered with SuitUp in a program event.
  • Teach for America Partner — Provides in-kind support to SuitUp
  • The TJX Companies Partner — Corporate partner that provided philanthropic support to SuitUp.
  • Title I schools Partner — Partners with Title I schools to identify and engage students who will most benefit from SuitUp programming.
  • VolunteerSuitUp Partner — Collaborates with VolunteerSuitUp to facilitate volunteer sign-ups for in-person events.
+ 6 more
strategies · 5

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Experiential Learning with Corporate Mentorship
    methodology: experiential-career-education
    By engaging students in team-based business competitions and real corporate challenges supported by mentorship from corporate volunteers, we build career readiness and shift students’ self-perception, because direct professional interaction increases confidence, skill application, and sense of access to corporate careers.
  • High-Intensity, Small-Group Mentorship Model
    methodology: small-group-mentorship
    By maintaining a 1:2 volunteer-to-student ratio during programming, we maximize engagement and personalized guidance, because close mentorship intensity fosters trust, deeper learning, and sustained student motivation in career development activities.
  • Role Model Exposure to Elevate Aspirations
    methodology: role_model_exposure
    By exposing underserved teens to CEO-level role models and corporate leaders, we increase their belief in attainable career advancement, because seeing relatable leaders in high-level positions dismantles perceived barriers and expands students’ self-concept in relation to leadership.
  • Standardized Volunteer Coaching for Program Fidelity
    methodology: standardized-volunteer-coaching
    By equipping corporate volunteers with standardized Coach Handbooks containing scripts and expert tips, we ensure consistent, high-quality student coaching, because structured guidance reduces variability in delivery and increases effectiveness across diverse volunteer backgrounds.
  • Technology-Enabled Scaling of Career Readiness
    methodology: technology-enabled education scaling
    By using digital tools and virtual platforms, we scale financial literacy and career readiness programming to more students, because technology removes geographic and logistical barriers while maintaining engagement through interactive app-based learning.