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Nonprofiteer
← HURRICANE ISLAND OUTWARD BOUND SCHOOL

Form 990 for tax year 2023

Filed by HURRICANE ISLAND OUTWARD BOUND SCHOOL.

Totals

Total revenue
$5,467,026
Total expenses
$5,322,499
Contributions and grants received
$2,176,881
Grants paid
$541,074
Program service revenue
$2,914,294
Investment income
$188,688
Other revenue
$187,163
Total assets, end of year
$11,564,905
Total liabilities, end of year
$1,423,950
Net assets or fund balances, end of year
$10,140,955
Program services expenses (Part IX)
$4,093,432
Management and general expenses
$867,188
Fundraising expenses
$361,879
Program service expenses (Part III)
$4,093,432

Program services were 76.9% 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

    $2,176,881

  • 1g · Noncash contributions included above

    $30,770

  • 2a · Program service revenue: TUITION

    total $2,914,294 · related or exempt $2,914,294

  • 3 · Investment income

    total $196,309 · excluded $196,309

  • 6a · Gross rents

    real property $37,159

  • 6b · Less rental expenses

    real property $32,393

  • 6c · Rental income or loss

    real property $4,766

  • 6d · Net rental income or loss

    total $4,766 · unrelated business $2,979 · excluded $1,787

  • 7a · Gross sales of assets other than inventory

    securities $961,106 · other assets $6,500

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

    securities $961,106 · other assets $14,121

  • 7c · Gain or loss

    securities $0 · other assets -$7,621

  • 7d · Net gain or loss

    total -$7,621 · related or exempt -$7,621

  • 11a · Other revenue: OTHER INCOME

    total $182,397 · related or exempt $182,397

  • 11e · Other revenue, total

    $182,397

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $541,074 · program services $541,074

  • 5 · Compensation of officers, directors and key employees

    total $517,452 · program services $350,262 · management and general $113,540 · fundraising $53,650

  • 7 · Other salaries and wages

    total $1,990,499 · program services $1,343,339 · management and general $424,177 · fundraising $222,983

  • 8 · Pension plan contributions

    total $35,378 · program services $25,255 · management and general $8,097 · fundraising $2,026

  • 9 · Other employee benefits

    total $230,606 · program services $164,623 · management and general $52,778 · fundraising $13,205

  • 10 · Payroll taxes

    total $191,586 · program services $137,541 · management and general $43,011 · fundraising $11,034

  • 11b · Fees: legal

    total $345 · management and general $345

  • 11c · Fees: accounting

    total $27,980 · management and general $27,980

  • 11g · Fees: other

    total $50,732 · program services $41,297 · management and general $9,435

  • 12 · Advertising and promotion

    total $88,752 · program services $63,163 · management and general $10,142 · fundraising $15,447

  • 13 · Office expenses

    total $26,970 · program services $2,974 · management and general $8,475 · fundraising $15,521

  • 14 · Information technology

    total $81,604 · program services $58,038 · management and general $18,850 · fundraising $4,716

  • 16 · Occupancy

    total $128,753 · program services $75,506 · management and general $53,247

  • 17 · Travel

    total $111,840 · program services $90,999 · management and general $9,990 · fundraising $10,851

  • 19 · Conferences, conventions and meetings

    total $8,811 · fundraising $8,811

  • 20 · Interest

    total $16,716 · program services $16,716

  • 22 · Depreciation, depletion and amortization

    total $113,994 · program services $113,994

  • 23 · Insurance

    total $270,460 · program services $252,887 · management and general $14,056 · fundraising $3,517

  • 24a · Other expenses: COURSE OPERATIONS

    total $228,404 · program services $228,404

  • 24b · Other expenses: COURSE SUPPLIES

    total $213,167 · program services $213,167

  • 24c · Other expenses: SERVICE ASSOCIATION FEE

    total $197,281 · program services $197,281

  • 24d · Other expenses: VEHICLES AND VESSELS

    total $130,107 · program services $130,107

  • 24e · All other expenses

    total $119,988 · program services $46,805 · management and general $73,065 · fundraising $118

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $208,069 · end of year $566,828

  • 3 · Pledges and grants receivable

    beginning of year $856,792 · end of year $1,062,801

  • 4 · Accounts receivable

    beginning of year $58,172 · end of year $76,491

  • 9 · Prepaid expenses and deferred charges

    beginning of year $227,581 · end of year $220,720

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

    $5,844,088

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

    $2,198,424

  • 10c · Land, buildings and equipment, net

    beginning of year $3,583,340 · end of year $3,645,664

  • 11 · Investments: publicly traded securities

    beginning of year $5,814,547 · end of year $5,885,006

  • 15 · Other assets

    beginning of year $132,748 · end of year $107,395

  • 17 · Accounts payable and accrued expenses

    beginning of year $301,345 · end of year $317,853

  • 19 · Deferred revenue

    beginning of year $223,869 · end of year $343,876

  • 23 · Secured mortgages and notes payable

    beginning of year $593,264 · end of year $577,992

  • 25 · Other liabilities

    beginning of year $132,748 · end of year $184,229

  • 27 · Net assets without donor restrictions

    beginning of year $3,457,095 · end of year $3,106,269

  • 28 · Net assets with donor restrictions

    beginning of year $6,172,928 · end of year $7,034,686

Mission and programs · 2023

Mission

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

  • Hurricane Island Outward Bound School showed 1094 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 8884 days of life changing experiences to students in 2023.

    Expenses $4,093,432 · Grants $541,074 · Revenue $3,089,070

As filed on the 2023 return.

Listed in Part VII

  • JACK PEAT

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • MIKE PERLIS

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • JAMES CABOT

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • JEFF BRANDENBURG

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • CLAY FOWLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BILL FREDERICK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRADFORD KLEIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GREG MARSTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAN MINER MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • NEJDAT MULLA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JACK NICOLET MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LORRI SPARROW

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MAC WEYMOUTH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • VICTORIA WOODHULL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ERIC DENNY

    PRESIDENT

    Total calculated
    $213,312
    From this org
    $181,372
    From related orgs
    $0
    Other
    $31,940
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $181,372
    Bonus
    $0
    Other
    $0
    Deferred
    $8,878
    Nontaxable benefits
    $23,062
    Filer's total
    $213,312

  • JEANNE DELLAMARCO

    FORMER BUSINESS DIRECTOR

    Total calculated
    $68,288
    From this org
    $62,788
    From related orgs
    $0
    Other
    $5,500
    Hours/week
    40

  • KEITH ORLANDO

    DIRECTOR OF FINANCE AND ADMINISTRATION

    Total calculated
    $74,133
    From this org
    $61,280
    From related orgs
    $0
    Other
    $12,853
    Hours/week
    40

  • ANDREW SPOFFORD

    DIRECTOR OBP

    Total calculated
    $161,719
    From this org
    $138,679
    From related orgs
    $0
    Other
    $23,040
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $138,679
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $23,040
    Filer's total
    $161,719

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 partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Provenance

Return type
form_990
Tax year
2023
Filed
7 November 2024
IRS schema version
2023v5.1
Source object
202443129349300904

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