Skip to content
Nonprofiteer
← THE BOUNDLESS FOUNDATION INC

Form 990 for tax year 2023

Filed by THE BOUNDLESS FOUNDATION INC.

Totals

Total revenue
$1,795,024
Total expenses
$2,519,609
Contributions and grants received
$233,753
Grants paid
$0
Program service revenue
$1,228,865
Investment income
$332,406
Other revenue
$0
Total assets, end of year
$17,533,761
Total liabilities, end of year
$3,922,946
Net assets or fund balances, end of year
$13,610,815
Program services expenses (Part IX)
$0
Management and general expenses
$2,519,609
Fundraising expenses
$0
Program service expenses (Part III)
$0

Program services were 0.0% 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

    $233,753

  • 2a · Program service revenue: PROGRAM SERVICES

    total $1,228,865 · related or exempt $1,228,865

  • 3 · Investment income

    total $165,667 · excluded $165,667

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

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $3,938,321 · other assets $164,070

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

    securities $3,906,492 · other assets $29,160

  • 7c · Gain or loss

    securities $31,829 · other assets $134,910

  • 7d · Net gain or loss

    total $166,739 · related or exempt $134,910 · excluded $31,829

  • 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

  • 11e · Other revenue, total

    $0

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 $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $257,496 · management and general $257,496

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $55,119 · management and general $55,119

  • 10 · Payroll taxes

    total $20,877 · management and general $20,877

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $44,759 · management and general $44,759

  • 11g · Fees: other

    total $84,638 · management and general $84,638

  • 12 · Advertising and promotion

    total $280 · management and general $280

  • 13 · Office expenses

    total $2,516 · management and general $2,516

  • 14 · Information technology

    total $5,995 · management and general $5,995

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $4,692 · management and general $4,692

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $1,248 · management and general $1,248

  • 20 · Interest

    total $542,521 · management and general $542,521

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $794,929 · management and general $794,929

  • 23 · Insurance

    total $50,368 · management and general $50,368

  • 24a · Other expenses: ROU ASSET LEASE EXPENSE

    total $645,671 · management and general $645,671

  • 24b · Other expenses: ADMINISTRATION AND GENERAL

    total $5,428 · management and general $5,428

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $2,170 · management and general $2,170

  • 24d · Other expenses: EQUIPMENT RENTAL AND MAINTENAN

    total $769 · management and general $769

  • 24e · All other expenses

    total $133 · management and general $133

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $378,831 · end of year $121,630

  • 2 · Savings and temporary cash investments

    beginning of year $10,081 · end of year $10,082

  • 3 · Pledges and grants receivable

    beginning of year $287,546 · end of year $289,725

  • 4 · Accounts receivable

    beginning of year $18,469 · end of year $14,733

  • 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 $18,865 · end of year $0

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

    $20,401,551

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

    $13,419,148

  • 10c · Land, buildings and equipment, net

    beginning of year $6,810,138 · end of year $6,982,403

  • 11 · Investments: publicly traded securities

    beginning of year $6,562,945 · end of year $5,652,119

  • 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 $3,899,720 · end of year $4,463,069

  • 17 · Accounts payable and accrued expenses

    beginning of year $80,256 · end of year $34,058

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 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 $3,810,689 · end of year $3,343,687

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $410,870 · end of year $545,201

  • 27 · Net assets without donor restrictions

    beginning of year $13,684,780 · end of year $13,610,815

  • 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.

  • THE BOUNDLESS FOUNDATION EXISTS TO PROVIDE FINANCIAL SUPPORT TO THE MANY PROGRAMS AND PEOPLE OF THE BOUNDLESS FAMILY OF COMPANIES. WHETHER IT'S PROVIDING AN ELECTRONIC TABLET TO A NON-VERBAL CHILD, UNDERWRITING THE COST OF AN OUTING FOR ADULTS IN THE RESIDENTIAL PROGRAM, OR ENABLING THE ORGANIZATION TO UPGRADE ITS FACILITIES, THE BOUNDLESS FOUNDATION IS THERE. THE BOUNDLESS MISSION IS TO ENABLE A WORLD THAT REALIZES THE BOUNDLESS POTENTIAL OF ALL PEOPLE. THROUGH THE BOUNDLESS FOUNDATION, WE AIM TO MAKE THAT MISSION A REALITY.

    Revenue $1,228,865

As filed on the 2023 return.

Listed in Part VII

  • Patrick Maynard

    President & CEO

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

    Schedule J breakdown matched by us

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

  • 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
    $0
    From related orgs
    $252,871
    Other
    $12,318
    Hours/week
    9.17 + 30.83 related

    Schedule J breakdown matched by us

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

  • Ronald J Davy

    CFO

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

    Schedule J breakdown matched by us

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

  • Christopher Wolf

    COO

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

    Schedule J breakdown matched by us

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

  • Richard Neighbarger

    VP, Analytics & Technology

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

    Schedule J breakdown matched by us

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

  • Jennifer Riha

    VP, Program Services

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

    Schedule J breakdown matched by us

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

  • Jodi Bopp

    VP, Advancement & Communicatio

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

    Schedule J breakdown matched by us

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

  • 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
    $0
    From related orgs
    $145,240
    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

  • 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 · 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
202403109349302570

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

The source document this was parsed from is served over the API, which is where bulk and document access live.