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Nonprofiteer
← HURRICANE ISLAND OUTWARD BOUND SCHOOL

Form 990 for tax year 2022

Filed by HURRICANE ISLAND OUTWARD BOUND SCHOOL.

Totals

Total revenue
$5,265,440
Total expenses
$4,740,790
Contributions and grants received
$2,161,896
Grants paid
$0
Program service revenue
$2,669,151
Investment income
$242,235
Other revenue
$192,158
Total assets, end of year
$10,881,249
Total liabilities, end of year
$1,251,226
Net assets or fund balances, end of year
$9,630,023
Program services expenses (Part IX)
$3,525,038
Management and general expenses
$791,900
Fundraising expenses
$423,852
Program service expenses (Part III)
$3,525,038

Program services were 74.4% 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

    $2,161,896

  • 2a · Program service revenue: TUITION

    total $2,669,151 · related or exempt $2,669,151

  • 3 · Investment income

    total $242,235 · excluded $242,235

  • 6a · Gross rents

    real property $20,853

  • 6b · Less rental expenses

    real property $35,704

  • 6c · Rental income or loss

    real property -$14,851

  • 6d · Net rental income or loss

    total -$14,851 · unrelated business -$14,851

  • 11a · Other revenue: OTHER INCOME

    total $207,009 · related or exempt $207,009

  • 11e · Other revenue, total

    $207,009

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $424,529 · program services $288,680 · management and general $76,415 · fundraising $59,434

  • 7 · Other salaries and wages

    total $1,884,168 · program services $1,281,723 · management and general $350,250 · fundraising $252,195

  • 8 · Pension plan contributions

    total $4,338 · program services $2,950 · management and general $781 · fundraising $607

  • 9 · Other employee benefits

    total $319,647 · program services $211,592 · management and general $71,559 · fundraising $36,496

  • 10 · Payroll taxes

    total $172,605 · program services $117,371 · management and general $31,069 · fundraising $24,165

  • 11c · Fees: accounting

    total $15,000 · management and general $15,000

  • 11g · Fees: other

    total $47,109 · management and general $34,596 · fundraising $12,513

  • 12 · Advertising and promotion

    total $77,536 · program services $56,775 · management and general $5,121 · fundraising $15,640

  • 13 · Office expenses

    total $21,782 · program services $12,423 · management and general $7,721 · fundraising $1,638

  • 14 · Information technology

    total $86,966 · management and general $86,966

  • 16 · Occupancy

    total $82,949 · program services $63,921 · management and general $19,028

  • 17 · Travel

    total $134,208 · program services $112,708 · management and general $19,623 · fundraising $1,877

  • 19 · Conferences, conventions and meetings

    total $19,167 · fundraising $19,167

  • 20 · Interest

    total $14,739 · program services $14,739

  • 21 · Payments to affiliates

    total $281,329 · program services $236,823 · management and general $44,506

  • 22 · Depreciation, depletion and amortization

    total $102,710 · program services $102,710

  • 23 · Insurance

    total $207,885 · program services $207,885

  • 24a · Other expenses: COURSE SUPPLIES

    total $291,066 · program services $291,066

  • 24b · Other expenses: COURSE OPERATING EXPENS

    total $283,785 · program services $283,785

  • 24c · Other expenses: VEHICLES AND VESSELS

    total $123,275 · program services $123,275

  • 24d · Other expenses: COMMUNICATION

    total $51,054 · program services $21,669 · management and general $29,265 · fundraising $120

  • 24e · All other expenses

    total $94,943 · program services $94,943

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $879,712 · end of year $208,069

  • 3 · Pledges and grants receivable

    beginning of year $881,851 · end of year $856,792

  • 4 · Accounts receivable

    beginning of year $31,343 · end of year $58,172

  • 9 · Prepaid expenses and deferred charges

    beginning of year $140,276 · end of year $227,581

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

    $5,667,490

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

    $2,084,150

  • 10c · Land, buildings and equipment, net

    beginning of year $3,455,237 · end of year $3,583,340

  • 11 · Investments: publicly traded securities

    beginning of year $6,250,179 · end of year $5,814,547

  • 15 · Other assets

    beginning of year $42,751 · end of year $132,748

  • 17 · Accounts payable and accrued expenses

    beginning of year $320,919 · end of year $301,345

  • 19 · Deferred revenue

    beginning of year $615,664 · end of year $223,869

  • 23 · Secured mortgages and notes payable

    beginning of year $607,470 · end of year $593,264

  • 25 · Other liabilities

    beginning of year $42,751 · end of year $132,748

  • 27 · Net assets without donor restrictions

    beginning of year $3,927,355 · end of year $3,457,095

  • 28 · Net assets with donor restrictions

    beginning of year $6,167,190 · end of year $6,172,928

Mission and programs · 2022

Mission

THE SCHOOL'S MISSION IS TO CHANGE LIVES THROUGH CHALLENGE AND DISCOVERY.

  • Hurricane Island Outward Bound School showed 589 youth, teens and adults there is more in them than they know through multi-week wilderness expedition courses on open enrollment and groups courses. In total, we provided 8733 days of life changing experiences to students in 2022.

    Expenses $3,525,038 · Revenue $2,876,160

As filed on the 2022 return.

Listed in Part VII

  • Eric Denny

    PRESIDENT

    Total calculated
    $172,116
    From this org
    $172,116
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,116
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $172,116

  • Jeff Brandenburg

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Clay Fowler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brooks Giles

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Dan Miner MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jack Nicolet MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jack Peat

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Mike Perlis

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Jen Porter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jack Soley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mac Weymouth

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jeanne Dellamarco

    BUSINESS DIRECTOR

    Total calculated
    $83,767
    From this org
    $83,767
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Andrew Spofford

    DIRECTOR OBP

    Total calculated
    $168,647
    From this org
    $168,647
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $84,872
    Bonus
    $83,775
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $168,647

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 · 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

No itemized grants to organizations on this return.

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.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • OUTWARD BOUND SERVICES GROUP

    C · CALL CENTER FOR ENROLLMENT AND MARKETING · NC · 17% owned

Provenance

Return type
form_990
Tax year
2022
Filed
21 September 2023
IRS schema version
2022v5.0
Source object
202312649349300406

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