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Nonprofiteer
← OUTWARD BOUND INC

Form 990 for tax year 2023

Filed by OUTWARD BOUND INC.

Totals

Total revenue
$3,544,575
Total expenses
$4,463,188
Contributions and grants received
$2,299,132
Grants paid
$1,257,964
Program service revenue
$665,465
Investment income
$462,115
Other revenue
$117,863
Total assets, end of year
$12,799,367
Total liabilities, end of year
$1,080,889
Net assets or fund balances, end of year
$11,718,478
Program services expenses (Part IX)
$2,518,596
Management and general expenses
$889,926
Fundraising expenses
$1,054,666
Program service expenses (Part III)
$2,518,596

Program services were 56.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $2,299,132

  • 2a · Program service revenue: CHARTER FEES

    total $665,465 · related or exempt $665,465

  • 3 · Investment income

    total $333,818 · excluded $333,818

  • 4 · Income from investment of tax-exempt bond proceeds

    total $125,553 · excluded $125,553

  • 6a · Gross rents

    real property $40,625

  • 6b · Less rental expenses

    real property $48,176

  • 6c · Rental income or loss

    real property -$7,551

  • 6d · Net rental income or loss

    total -$7,551 · excluded -$7,551

  • 7a · Gross sales of assets other than inventory

    securities $5,439,734

  • 7b · Less cost or other basis and sales expenses

    securities $5,436,990

  • 7c · Gain or loss

    securities $2,744

  • 7d · Net gain or loss

    total $2,744 · excluded $2,744

  • 10a · Gross sales of inventory

    $11,548

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $11,548 · related or exempt $11,548

  • 11a · Other revenue: ADMIN FEE

    total $70,137 · related or exempt $70,137

  • 11b · Other revenue: OTHER INCOME

    total $43,729 · related or exempt $43,729

  • 11e · Other revenue, total

    $113,866

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,257,964 · program services $1,257,964

  • 5 · Compensation of officers, directors and key employees

    total $925,138 · program services $408,246 · management and general $205,877 · fundraising $311,015

  • 7 · Other salaries and wages

    total $837,934 · program services $369,764 · management and general $186,471 · fundraising $281,699

  • 8 · Pension plan contributions

    total $15,533 · program services $6,854 · management and general $3,457 · fundraising $5,222

  • 9 · Other employee benefits

    total $136,777 · program services $60,357 · management and general $30,438 · fundraising $45,982

  • 10 · Payroll taxes

    total $132,523 · program services $58,480 · management and general $29,491 · fundraising $44,552

  • 11b · Fees: legal

    total $955 · management and general $955

  • 11c · Fees: accounting

    total $18,000 · management and general $18,000

  • 11f · Fees: investment management

    total $12,234 · management and general $12,234

  • 11g · Fees: other

    total $493,362 · program services $61,702 · management and general $191,295 · fundraising $240,365

  • 12 · Advertising and promotion

    total $29,022 · management and general $14,511 · fundraising $14,511

  • 13 · Office expenses

    total $32,557 · program services $8,452 · management and general $8,002 · fundraising $16,103

  • 14 · Information technology

    total $9,234 · program services $3,047 · management and general $4,161 · fundraising $2,026

  • 16 · Occupancy

    total $30,507 · program services $1,459 · management and general $29,048

  • 17 · Travel

    total $72,384 · program services $42,794 · management and general $21,199 · fundraising $8,391

  • 19 · Conferences, conventions and meetings

    total $63,640 · program services $22,497 · management and general $18,539 · fundraising $22,604

  • 22 · Depreciation, depletion and amortization

    total $29,026 · management and general $29,026

  • 23 · Insurance

    total $60,453 · program services $53,759 · management and general $2,666 · fundraising $4,028

  • 24a · Other expenses: BAD DEBT

    total $183,202 · program services $119,082 · management and general $21,984 · fundraising $42,136

  • 24b · Other expenses: MISCELLANEOUS

    total $104,151 · program services $44,139 · management and general $43,980 · fundraising $16,032

  • 24c · Other expenses: TRAINING AND EMPLOYEE R

    total $18,592 · management and general $18,592

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $520,631

  • 2 · Savings and temporary cash investments

    beginning of year $3,435,972

  • 3 · Pledges and grants receivable

    beginning of year $353,000 · end of year $172,500

  • 4 · Accounts receivable

    beginning of year $450,867 · end of year $682,409

  • 7 · Other notes and loans receivable

    beginning of year $22,270

  • 9 · Prepaid expenses and deferred charges

    beginning of year $194,159 · end of year $266,130

  • 10a · Land, buildings and equipment: cost or other basis

    $2,499,438

  • 10b · Land, buildings and equipment: accumulated depreciation

    $573,822

  • 10c · Land, buildings and equipment, net

    beginning of year $1,911,643 · end of year $1,925,616

  • 11 · Investments: publicly traded securities

    beginning of year $6,882,210 · end of year $9,232,081

  • 17 · Accounts payable and accrued expenses

    beginning of year $272,672 · end of year $528,599

  • 19 · Deferred revenue

    beginning of year $606,815 · end of year $452,290

  • 25 · Other liabilities

    beginning of year $100,000 · end of year $100,000

  • 27 · Net assets without donor restrictions

    beginning of year $5,910,948 · end of year $4,973,907

  • 28 · Net assets with donor restrictions

    beginning of year $6,359,686 · end of year $6,744,571

Mission and programs · 2023

Mission

OUR MISSION IS TO CHANGE LIVES THROUGH CHALLENGE AND DISCOVERY. WE TEACH TO AND WORK BY THE FOLLOWING VALUES: COMPASSION, INTEGRITY, EXCELLENCE, INCLUSION AND DIVERSITY. OUR PROGRAMS ARE BASED ON THE PRINCIPLES OF LEARNING THROUGH EXPERIENCE, CHALLENGE AND ADVENTURE.

Activities or mission (Part I)

OUR MISSION IS TO CHANGE LIVES THROUGH CHALLENGE AND DISCOVERY. WE TEACH TO AND WORK BY THE FOLLOWING VALUES: COMPASSION, INTEGRITY, EXCELLENCE, INCLUSION AND DIVERSITY. OUR PROGRAMS ARE BASED ON THE PRINCIPLES OF LEARNING THROUGH EXPERIENCE, CHALLENGE AND ADVENTURE, AND A SUPPORTIVE ENVIRONMENT. WE MEASURE OUR OUTCOMES BY CHARACTER DEVELOPMENT, LEADERSHIP AND SERVICE.

  • OUTWARD BOUND, INC. (OBI) WAS INCORPORATED AS A NOT-FOR-PROFIT EDUCATIONAL CORPORATION AND OWNS THE OUTWARD BOUND BRAND AND TRADEMARKS. OBI WAS CREATED TO ADVANCE AND PROTECT THE MISSION, EDUCATIONAL PHILOSOPHY, LEARNING METHODS AND IDEALS OF OUTWARD BOUND IN THE UNITED STATES. OBI CHARTERS SCHOOLS AND ESTABLISHES STANDARDS AND PROCEDURES FOR SAFETY AND OTHER SHARED PROGRAMS AND SERVICES. OBI ALSO SERVES AS A FUNDRAISING AND COORDINATING ORGANIZATION FOR THE OUTWARD BOUND SCHOOLS WHICH IT CHARTERS. OBI CURRENTLY CHARTERS ELEVEN SCHOOLS THROUGHOUT THE UNITED STATES. STUDENT PROGRAMS ARE DELIVERED BY SCHOOLS CHARTED BY OBI. THE CHARTERS FOLLOW THE MISSION OF OBI TO GUIDE THEIR DELIVERY OF PROGRAMS, MARKETING, USE OF THE BRAND, AND ALL OUTWARD BOUND SERVICES.

    Expenses $2,518,596 · Grants $1,257,964 · Revenue $790,879

As filed on the 2023 return.

Listed in Part VII

  • CATHERINE SMITH

    CHAIR

    Total calculated
    $0
    Hours/week
    5

  • WILLIAM CASAZZA

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • CHRISTINE COOK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ROHAN FREEMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JANELLE GALE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LAURIE GREENO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LAURA KOHLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • HENRY MORSE JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL NUTTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOHN PASMORE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DARREN RICHMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LEE SKOLD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRAD THAYER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GINGER NAYLOR

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $247,083
    From this org
    $239,583
    From related orgs
    $0
    Other
    $7,500
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $239,583
    Bonus
    $0
    Other
    $0
    Deferred
    $7,500
    Nontaxable benefits
    $0
    Filer's total
    $247,083

  • SANDRA HUNTER

    CHIEF FINANCIAL OFFICER

    Total calculated
    $160,358
    From this org
    $152,858
    From related orgs
    $0
    Other
    $7,500
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,023
    Bonus
    $0
    Other
    $3,835
    Deferred
    $7,500
    Nontaxable benefits
    $0
    Filer's total
    $160,358

  • GRETA BLESSING

    SECRETARY

    Total calculated
    $72,610
    From this org
    $69,660
    From related orgs
    $0
    Other
    $2,950
    Hours/week
    40

  • PENNY JEFFERS

    ASST. SECRETARY

    Total calculated
    $2,558
    From this org
    $2,558
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • JOSH BRANKMAN

    EXECUTIVE DIRECTOR

    Total calculated
    $622
    From this org
    $622
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • CATHERINE NEWSOM

    CHIEF ADVANCEMENT OFFICER

    Total calculated
    $181,306
    From this org
    $172,723
    From related orgs
    $0
    Other
    $8,583
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $167,681
    Bonus
    $0
    Other
    $5,042
    Deferred
    $5,347
    Nontaxable benefits
    $3,236
    Filer's total
    $181,306

  • MICHAEL PIGG

    CHIEF OPERATIONS OFFICER

    Total calculated
    $134,812
    From this org
    $123,421
    From related orgs
    $0
    Other
    $11,391
    Hours/week
    40

  • LACH ZEMP

    SAFETY AND RISK DIRECTOR

    Total calculated
    $128,652
    From this org
    $117,833
    From related orgs
    $0
    Other
    $10,819
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • OUTWARD BOUND HOLDCO LLC

    HOLD ASSET RELATED TO ENDOWMENTS · NY

    Directly controlled by OUTWARD BOUND INC

Provenance

Return type
form_990
Tax year
2023
Filed
7 November 2024
IRS schema version
2023v5.1
Source object
202423129349302737

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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