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Nonprofiteer
← BOUNDLESS STRATEGIC RESOURCES INC

Form 990 for tax year 2023

Filed by BOUNDLESS STRATEGIC RESOURCES INC.

Totals

Total revenue
$18,542,781
Total expenses
$19,644,316
Contributions and grants received
$903,254
Grants paid
$0
Program service revenue
$13,843,098
Investment income
$1
Other revenue
$3,796,428
Total assets, end of year
$16,804,789
Total liabilities, end of year
$20,400,469
Net assets or fund balances, end of year
-$3,595,680
Program services expenses (Part IX)
$2,436,294
Management and general expenses
$17,208,022
Fundraising expenses
$0
Program service expenses (Part III)
$2,436,294

Program services were 12.4% 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.

  • 1e · Government grants (contributions)

    $900,000

  • 1f · All other contributions, gifts and grants

    $3,254

  • 1g · Noncash contributions included above

    $1,800

  • 2a · Program service revenue: CLINICAL SERVICES

    total $13,843,098 · related or exempt $13,843,098

  • 3 · Investment income

    total $1 · excluded $1

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

    total $0

  • 5 · Royalties

    total $0

  • 6a · Gross rents

    real property $3,616,791

  • 6c · Rental income or loss

    real property $3,616,791 · personal property $0

  • 6d · Net rental income or loss

    total $3,616,791 · excluded $3,616,791

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $179,637 · excluded $179,637

  • 11e · Other revenue, total

    $179,637

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $1,495,769 · management and general $1,495,769

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $5,364,458 · management and general $5,364,458

  • 8 · Pension plan contributions

    total $67,136 · management and general $67,136

  • 9 · Other employee benefits

    total $953,760 · management and general $953,760

  • 10 · Payroll taxes

    total $968,678 · management and general $968,678

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $219,863 · program services $9,390 · management and general $210,473

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $1,742,070 · program services $94,498 · management and general $1,647,572

  • 12 · Advertising and promotion

    total $304,882 · program services $13,021 · management and general $291,861

  • 13 · Office expenses

    total $413,421 · program services $130,490 · management and general $282,931

  • 14 · Information technology

    total $958,695 · program services $40,943 · management and general $917,752

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $2,838,932 · program services $1,693,961 · management and general $1,144,971

  • 17 · Travel

    total $98,913 · program services $504 · management and general $98,409

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $66,843 · program services $2,855 · management and general $63,988

  • 20 · Interest

    total $751,753 · program services $297,633 · management and general $454,120

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $992,292 · program services $65,515 · management and general $926,777

  • 23 · Insurance

    total $571,424 · management and general $571,424

  • 24a · Other expenses: EQUIPMENT RENTAL AND MAINTENAN

    total $1,475,384 · program services $30,961 · management and general $1,444,423

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $140,691 · program services $6,009 · management and general $134,682

  • 24c · Other expenses: PROGRAM SUPPLIES

    total $119,072 · program services $50,207 · management and general $68,865

  • 24d · Other expenses: RESIDENTIAL PROGRAM

    total $92,663 · management and general $92,663

  • 24e · All other expenses

    total $7,617 · program services $307 · management and general $7,310

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $344,814 · end of year $537,863

  • 2 · Savings and temporary cash investments

    beginning of year $13,935 · end of year $13,936

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $272,118 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,403 · end of year $1,050,988

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

    $18,483,492

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

    $3,281,490

  • 10c · Land, buildings and equipment, net

    beginning of year $15,209,662 · end of year $15,202,002

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,940,932 · end of year $4,352,353

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $463,863

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $8,331,782 · end of year $9,260,471

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $8,042,046 · end of year $6,323,782

  • 27 · Net assets without donor restrictions

    beginning of year -$2,470,828 · end of year -$3,595,680

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

BUILDING A WORLD THAT REALIZES THE BOUNDLESS POTENTIAL OF ALL PEOPLE.

  • Boundless Strategic Resources, Inc. serves as the parent, supporting organization by providing management services to its subsidiaries.

    Expenses $2,436,294 · Revenue $13,843,098

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Patrick Maynard

    President & CEO

    Total calculated
    $513,107
    From this org
    $451,238
    From related orgs
    $0
    Other
    $61,869
    Hours/week
    9.17 + 30.83 related

    Schedule J breakdown matched by us

    Base
    $436,878
    Bonus
    $14,360
    Other
    $0
    Deferred
    $60,000
    Nontaxable benefits
    $1,869
    Filer's total
    $513,107

  • Cynthia Ripsin

    Medical Director

    Total calculated
    $332,870
    From this org
    $0
    From related orgs
    $311,901
    Other
    $20,969
    Hours/week
    9.17 + 30.83 related

    Schedule J breakdown matched by us

    Base
    $0 + $311,901 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $18,824 related
    Nontaxable benefits
    $0 + $2,145 related
    Filer's total
    $0 + $332,870 related

  • Trent Stechschulte

    Chief Legal Officer & Gen Coun

    Total calculated
    $265,189
    From this org
    $252,871
    From related orgs
    $0
    Other
    $12,318
    Hours/week
    9.17 + 30.83 related

    Schedule J breakdown matched by us

    Base
    $252,871
    Bonus
    $0
    Other
    $0
    Deferred
    $10,638
    Nontaxable benefits
    $1,680
    Filer's total
    $265,189

  • Ronald J Davy

    CFO

    Total calculated
    $261,189
    From this org
    $246,499
    From related orgs
    $0
    Other
    $14,690
    Hours/week
    9.17 + 30.83 related

    Schedule J breakdown matched by us

    Base
    $246,499
    Bonus
    $0
    Other
    $0
    Deferred
    $12,554
    Nontaxable benefits
    $2,136
    Filer's total
    $261,189

  • Christopher Wolf

    COO

    Total calculated
    $254,363
    From this org
    $239,505
    From related orgs
    $0
    Other
    $14,858
    Hours/week
    9.17 + 30.83 related

    Schedule J breakdown matched by us

    Base
    $239,505
    Bonus
    $0
    Other
    $0
    Deferred
    $13,557
    Nontaxable benefits
    $1,301
    Filer's total
    $254,363

  • Richard Neighbarger

    VP, Analytics & Technology

    Total calculated
    $207,166
    From this org
    $195,275
    From related orgs
    $0
    Other
    $11,891
    Hours/week
    9.17 + 30.83 related

    Schedule J breakdown matched by us

    Base
    $195,275
    Bonus
    $0
    Other
    $0
    Deferred
    $10,010
    Nontaxable benefits
    $1,881
    Filer's total
    $207,166

  • Jennifer Riha

    VP, Program Services

    Total calculated
    $201,921
    From this org
    $191,216
    From related orgs
    $0
    Other
    $10,705
    Hours/week
    9.17 + 30.83 related

    Schedule J breakdown matched by us

    Base
    $191,216
    Bonus
    $0
    Other
    $0
    Deferred
    $9,764
    Nontaxable benefits
    $941
    Filer's total
    $201,921

  • Jodi L Bopp

    VP, Advancement & Communicatio

    Total calculated
    $175,586
    From this org
    $161,665
    From related orgs
    $0
    Other
    $13,921
    Hours/week
    9.17 + 30.83 related

    Schedule J breakdown matched by us

    Base
    $161,665
    Bonus
    $0
    Other
    $0
    Deferred
    $11,425
    Nontaxable benefits
    $2,496
    Filer's total
    $175,586

  • Nathan Henninger

    Dir of Behavioral & Education

    Total calculated
    $158,257
    From this org
    $0
    From related orgs
    $151,053
    Other
    $7,204
    Hours/week
    9.17 + 30.83 related

    Schedule J breakdown matched by us

    Base
    $0 + $143,764 related
    Bonus
    $0 + $7,289 related
    Other
    $0
    Deferred
    $0 + $5,903 related
    Nontaxable benefits
    $0 + $1,301 related
    Filer's total
    $0 + $158,257 related

  • Melanie Huffman

    VP, People & Culture

    Total calculated
    $146,649
    From this org
    $145,240
    From related orgs
    $0
    Other
    $1,409
    Hours/week
    9.17 + 30.83 related

  • Bill Forquer

    Board Member

    Total calculated
    $0
    Hours/week
    0.46 + 1.54 related

  • Mary Ann Krauss

    Chair

    Total calculated
    $0
    Hours/week
    0.46 + 1.54 related

  • Sue Ralph

    Vice Chair

    Total calculated
    $0
    Hours/week
    0.46 + 1.54 related

  • John Burtch

    Board Member

    Total calculated
    $0
    Hours/week
    0.23 + 0.77 related

  • David Clark

    Treasurer

    Total calculated
    $0
    Hours/week
    0.46 + 1.54 related

  • Robert Hays

    Board Member

    Total calculated
    $0
    Hours/week
    0.23 + 0.77 related

  • Mary Lynn Hohman

    Board Member

    Total calculated
    $0
    Hours/week
    0.23 + 0.77 related

  • Matt Kaufman

    Board Member

    Total calculated
    $0
    Hours/week
    0.23 + 0.77 related

  • Megan King

    Board Member

    Total calculated
    $0
    Hours/week
    0.23 + 0.77 related

  • Jameson Lett

    Board Member

    Total calculated
    $0
    Hours/week
    0.23 + 0.77 related

  • Antoinette Miranda

    Board Member

    Total calculated
    $0
    Hours/week
    0.23 + 0.77 related

  • Adrian Moore

    Board Member

    Total calculated
    $0
    Hours/week
    0.23 + 0.77 related

  • Beth Ann Patton

    Board Member

    Total calculated
    $0
    Hours/week
    0.23 + 0.77 related

  • Kelly Perlman

    Board Member

    Total calculated
    $0
    Hours/week
    0.23 + 0.77 related

  • Mrunal Shah

    Board Member

    Total calculated
    $0
    Hours/week
    0.23 + 0.77 related

  • Loribeth Steiner

    Secretary

    Total calculated
    $0
    Hours/week
    0.23 + 0.77 related

  • Gwen Weihe

    Board Member

    Total calculated
    $0
    Hours/week
    0.23 + 0.77 related

  • Michael Denlinger

    Board Member

    Total calculated
    $0
    Hours/week
    0.23 + 0.77 related

  • Brendan O'Reilly

    Board Member

    Total calculated
    $0
    Hours/week
    0.23 + 0.77 related

  • Tezlyn Reardon

    Board Member

    Total calculated
    $0
    Hours/week
    0.23 + 0.77 related

  • Dawn Hays

    Board Member

    Total calculated
    $0
    Hours/week
    0.23 + 0.77 related

  • Fred Watkins

    Board Member

    Total calculated
    $0
    Hours/week
    0.23 + 0.77 related

  • Jeffrey Minnick

    Board Member

    Total calculated
    $0
    Hours/week
    0.23 + 0.77 related

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

  • 1a · Health or social club dues or initiation fees
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

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.

  • spectrum holdings group inc

    C Corp · holding company · OH · 0% owned · share of income $0 · share of assets $0

    Directly controlled by Koinonia Homes

  • CCE Ohio Inc

    C Corp · care coordination · OH · 0% owned · share of income $0 · share of assets $0

    Directly controlled by na

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202433109349302703

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