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Nonprofiteer
← UNBOUND

Form 990 for tax year 2024

Filed by UNBOUND.

Totals

Total revenue
$136,399,466
Total expenses
$132,434,117
Contributions and grants received
$131,911,191
Grants paid
$113,143,301
Program service revenue
$407,643
Investment income
$4,080,352
Other revenue
$280
Total assets, end of year
$90,966,050
Total liabilities, end of year
$1,904,882
Net assets or fund balances, end of year
$89,061,168
Program services expenses (Part IX)
$120,716,605
Management and general expenses
$5,070,281
Fundraising expenses
$6,647,231
Program service expenses (Part III)
$120,716,605

Program services were 91.2% 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.

  • 1a · Federated campaigns

    $38,542

  • 1f · All other contributions, gifts and grants

    $131,872,649

  • 1g · Noncash contributions included above

    $436,188

  • 2a · Program service revenue: AWARENESS TRIPS

    total $407,643 · related or exempt $407,643

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $2,787,856 · excluded $2,787,856

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $59,160,101

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

    securities $57,867,605

  • 7c · Gain or loss

    securities $1,292,496 · other assets $0

  • 7d · Net gain or loss

    total $1,292,496 · excluded $1,292,496

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: Miscellaneous Income

    total $280 · excluded $280

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $280

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $113,143,301 · program services $113,143,301

  • 5 · Compensation of officers, directors and key employees

    total $815,522 · management and general $815,522

  • 7 · Other salaries and wages

    total $8,379,307 · program services $4,229,980 · management and general $1,219,330 · fundraising $2,929,997

  • 8 · Pension plan contributions

    total $504,751 · program services $253,179 · management and general $63,615 · fundraising $187,957

  • 9 · Other employee benefits

    total $1,395,462 · program services $787,599 · management and general $163,442 · fundraising $444,421

  • 10 · Payroll taxes

    total $698,168 · program services $328,497 · management and general $147,862 · fundraising $221,809

  • 11b · Fees: legal

    total $73,809 · management and general $73,809

  • 11c · Fees: accounting

    total $212,684 · management and general $212,684

  • 11e · Fees: professional fundraising services

    total $2,305 · fundraising $2,305

  • 11f · Fees: investment management

    total $53,905 · management and general $53,905

  • 11g · Fees: other

    total $618,595 · program services $121,039 · management and general $16,192 · fundraising $481,364

  • 12 · Advertising and promotion

    total $1,015,051 · program services $851 · management and general $4,839 · fundraising $1,009,361

  • 13 · Office expenses

    total $3,296,357 · program services $618,010 · management and general $1,982,988 · fundraising $695,359

  • 14 · Information technology

    total $625,026 · program services $364,150 · management and general $93,146 · fundraising $167,730

  • 16 · Occupancy

    total $185,455 · program services $107,594 · management and general $27,815 · fundraising $50,046

  • 17 · Travel

    total $483,958 · program services $166,516 · management and general $42,135 · fundraising $275,307

  • 19 · Conferences, conventions and meetings

    total $23,788 · program services $4,332 · management and general $4,462 · fundraising $14,994

  • 22 · Depreciation, depletion and amortization

    total $291,302 · program services $181,156 · management and general $39,338 · fundraising $70,808

  • 23 · Insurance

    total $182,479 · program services $105,838 · management and general $27,372 · fundraising $49,269

  • 24a · Other expenses: AWARENESS & EDUCATION

    total $277,367 · program services $265,937 · management and general $15 · fundraising $11,415

  • 24b · Other expenses: BOARD EXPENSES

    total $38,674 · management and general $38,674

  • 24e · All other expenses

    total $116,851 · program services $38,626 · management and general $43,136 · fundraising $35,089

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,231,043 · end of year $1,448,691

  • 2 · Savings and temporary cash investments

    beginning of year $16,615,433 · end of year $13,302,864

  • 4 · Accounts receivable

    beginning of year $621,034 · end of year $771,819

  • 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

  • 9 · Prepaid expenses and deferred charges

    beginning of year $610,414 · end of year $421,233

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

    $8,766,703

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

    $6,080,532

  • 10c · Land, buildings and equipment, net

    beginning of year $2,750,532 · end of year $2,686,171

  • 11 · Investments: publicly traded securities

    beginning of year $51,654,248 · end of year $61,397,574

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $11,675,293 · end of year $10,937,698

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,071,867 · end of year $1,117,479

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $630,850 · end of year $787,403

  • 27 · Net assets without donor restrictions

    beginning of year $50,523,037 · end of year $53,265,597

  • 28 · Net assets with donor restrictions

    beginning of year $33,932,243 · end of year $35,795,571

Mission and programs · 2024

Mission

Unbound's mission is to support families and communities worldwide on their self-directed paths out of poverty.

Activities or mission (Part I)

Unbound's mission is to support families and communities worldwide on their self-directed paths out of poverty. We measure our goals and the impact of our work under five strategic pillars. Pillar 1: Eliminate poverty through economic support and goal setting. Pillar 2: Empower women through dignified work and decision making. Pillar 3: Advance education through resources and motivation. Pillar 4: Build community through groups of mutual support and community-driven development projects. Pillar 5: Promote well-being of all ages through older adult inclusion and psycho-social supports.

  • SPONSORSHIP - SEE SCHEDULE O

    Expenses $116,377,115 · Grants $109,076,450 · Revenue $407,643

  • SCHOLARSHIP - SEE SCHEDULE O

    Expenses $4,339,490 · Grants $4,066,851

As filed on the 2024 return.

Listed in Part VII

  • Cindy Jones

    DIRECTOR (ALL OF 2024) DEPUTY CGO (JAN-JULY 2024)

    Total calculated
    $0
    Hours/week
    2
  • Emma Miller

    DIRECTOR/CGO

    Total calculated
    $0
    Hours/week
    5
  • Lissa Haag

    DIRECTOR (ALL OF 2024) DEPUTY CGO (BEG JULY 2024)

    Total calculated
    $0
    Hours/week
    3
  • Abby Marie J Rohr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Dennis Bernardo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Fr Cyrus Gallagher

    PREACHER REP (NON-VOTING)(BEG JULY 2024)

    Total calculated
    $0
    Hours/week
    1
  • Franklin J Popek

    DIRECTOR (BEG JULY 2024)

    Total calculated
    $0
    Hours/week
    1
  • Grace Casaclang-Verzosa

    DIRECTOR (BEG JULY 2024)

    Total calculated
    $0
    Hours/week
    1
  • Joe Barker

    DIRECTOR (RETIRED JULY 2024)

    Total calculated
    $0
    Hours/week
    4
  • Kirsten Evans

    DIRECTOR (BEG JULY 2024)

    Total calculated
    $0
    Hours/week
    1
  • Lisa Phillip

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Susan Johnson

    DIRECTOR (RETIRED OCTOBER 2024)

    Total calculated
    $0
    Hours/week
    1
  • Taylor Buckley

    DIRECTOR (BEG JULY 2024)

    Total calculated
    $0
    Hours/week
    1
  • Ashley Hufft

    INTERIM PRES./CEO (UNTIL MARCH 2024 ) PRES./CEO (BEG MARCH 2024) (NON-VOTING)

    Total calculated
    $349,808
    From this org
    $308,530
    From related orgs
    $0
    Other
    $41,278
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $308,100
    Bonus
    $0
    Other
    $430
    Deferred
    $18,803
    Nontaxable benefits
    $22,475
    Filer's total
    $349,808
  • Jill Nelson

    SECRETARY (NON-VOTING)(BEG JULY 2024)/FIN ANALYSIS MGR

    Total calculated
    $122,592
    From this org
    $80,832
    From related orgs
    $0
    Other
    $41,760
    Hours/week
    40
  • Martin Kraus

    TREASURER (NON-VOTING)/CFO

    Total calculated
    $219,264
    From this org
    $180,011
    From related orgs
    $0
    Other
    $39,253
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $178,823
    Bonus
    $0
    Other
    $1,188
    Deferred
    $11,067
    Nontaxable benefits
    $28,186
    Filer's total
    $219,264
  • William Hansen

    SECRETARY (NON-VOTING)(RETIRED JULY 2024)/VP FINANCE

    Total calculated
    $123,858
    From this org
    $105,359
    From related orgs
    $0
    Other
    $18,499
    Hours/week
    45
  • Andrea Ewing

    CHIEF OPERATING OFFICER

    Total calculated
    $256,028
    From this org
    $206,737
    From related orgs
    $0
    Other
    $49,291
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $206,467
    Bonus
    $0
    Other
    $270
    Deferred
    $12,900
    Nontaxable benefits
    $36,391
    Filer's total
    $256,028
  • Dan Winholtz Pearson

    CHIEF INTERNATIONAL PROGRAM OFFICER

    Total calculated
    $223,358
    From this org
    $178,928
    From related orgs
    $0
    Other
    $44,430
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $178,514
    Bonus
    $0
    Other
    $414
    Deferred
    $11,043
    Nontaxable benefits
    $33,387
    Filer's total
    $223,358
  • Kristina Thompson

    VICE PRESIDENT, MARKETING & COMMUNICATIONS

    Total calculated
    $194,851
    From this org
    $153,064
    From related orgs
    $0
    Other
    $41,787
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $152,650
    Bonus
    $0
    Other
    $414
    Deferred
    $9,569
    Nontaxable benefits
    $32,218
    Filer's total
    $194,851
  • Rob McElroy

    CHIEF TECHNOLOGY OFFICER

    Total calculated
    $216,952
    From this org
    $171,635
    From related orgs
    $0
    Other
    $45,317
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $171,221
    Bonus
    $0
    Other
    $414
    Deferred
    $10,680
    Nontaxable benefits
    $34,637
    Filer's total
    $216,952
  • Steven Martin

    VICE PRESIDENT, TECHNOLOGY INFRASTRUCTURE

    Total calculated
    $182,650
    From this org
    $141,044
    From related orgs
    $0
    Other
    $41,606
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $140,630
    Bonus
    $0
    Other
    $414
    Deferred
    $8,760
    Nontaxable benefits
    $32,846
    Filer's total
    $182,650

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 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 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.

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.

  • UNBOUND COLOMBIA

    501(c)(3) · PRJT SUPPORT · CO · controlled entity

    Directly controlled by UNBOUND

  • UNBOUND - PHILIPPINES BRANCH

    501(c)(3) · PRJT SUPPORT · RP · controlled entity

    Directly controlled by UNBOUND

Provenance

Return type
form_990
Tax year
2024
Filed
17 June 2025
IRS schema version
2024v5.1
Source object
202521689349301202

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