Overview
What is The Boundless Foundation Inc?
The Boundless Foundation Inc, situated in Worthington, Ohio, serves as a charitable arm of the Boundless family of companies. Its primary purpose is to support various programs and individuals within this network, enhancing their capabilities and fostering their potential. This may involve providing resources such as electronic tablets for non-verbal individuals or funding outings for adults in residential programs. Additionally, the Foundation aids in upgrading facilities, contributing to their overall improvement. In essence, The Boundless Foundation aims to contribute to a world where everyone's potential is truly boundless.
Official website here: www.iamboundless.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (56%)
The Boundless Foundation Inc has received a low rating of 56% from Charity Navigator, indicating significant concerns regarding its financial performance and overall accountability. While the organization boasts full points for having a majority independent board and strong policies on conflict of interest and whistleblower protections, its financial metrics raise red flags. The program expense ratio is alarmingly low at 4.43%, suggesting that a minimal portion of its resources is directed towards its charitable programs.
Additionally, the liabilities to assets ratio of 23.91% highlights potential financial instability, receiving no points in this area. This could indicate that the foundation may be at risk of not meeting its obligations, which is a critical concern for potential donors and stakeholders. Overall, while the governance aspects show promise, the financial performance and commitment to programmatic spending need substantial improvement for the organization to gain the trust of its supporters.
In summary, while The Boundless Foundation has established a framework for accountability through its governance practices, the concerning financial metrics and low program spending reflect a need for strategic reassessment to improve its impact and sustainability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Boundless Foundation Inc?
84% of reviewers on Facebook recommend The Boundless Foundation Inc. Here’s a summary of their insights:
Many individuals express a positive experience with the organization, emphasizing that it is a great place to work. The sentiment highlights a supportive and fulfilling environment, which resonates well among those involved.
Overall, supporters appreciate the atmosphere and culture fostered by The Boundless Foundation, reinforcing the idea that it truly values its employees and mission.
This AI summary has been generated from reviews found on Facebook.
Is The Boundless Foundation Inc legitimate?
The Boundless Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Boundless Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $356,171
For more financial information, click here
Official website here: www.iamboundless.org
What is the mission statement of The Boundless Foundation Inc?
The Boundless Foundation Inc's mission is centered around realizing the limitless potential of all individuals. Through financial support, they aid various programs and people within their network. This could range from supplying electronic tablets for non-verbal children to funding outings for adults in residential programs. The foundation also contributes to upgrading facilities, thereby helping to make their mission a tangible reality. In essence, The Boundless Foundation strives to create a world that celebrates and unlocks the unlimited capabilities in each person.
Official website here: www.iamboundless.org
Who is the CEO of The Boundless Foundation Inc?
Patrick Maynard Phd is the President & Ceo of The Boundless Foundation Inc. The CEO's salary of The Boundless Foundation Inc is $0 and their total compensation is $386,550.
Official website here: www.iamboundless.org
What is the revenue of The Boundless Foundation Inc?
The Boundless Foundation Inc's revenue in 2022 was $3,621,839.
Official website here: www.iamboundless.org
Who are the executives of The Boundless Foundation Inc and what are their salaries?
There 25 volunteers at The Boundless Foundation Inc.
Here are 25 key members and their salaries (The Boundless Foundation Inc's CEO's salary is $0 and their total compensation is $386,550):
- Compensation: $0
- Related: $353,618
- Other: $32,932
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- Other: $16,197
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Official website here: www.iamboundless.org
Where can I find the form 990 for The Boundless Foundation Inc?
The Boundless Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iamboundless.org
Learn more at the official website: www.iamboundless.org
Mission Statement of The Boundless Foundation Inc
The Boundless Foundation, a philanthropic organization, is dedicated to realizing the limitless potential of all people. Its mission is to provide financial backing for various programs and individuals within its affiliated Boundless family of companies. This support extends to diverse initiatives, such as providing essential tools for non-verbal children, subsidizing outings for adults in residential programs, and facilitating facility upgrades. By doing so, The Boundless Foundation aims to contribute to a world that fully actualizes the boundless capabilities of every individual.
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Impact
October, 2024
The Boundless Foundation Inc is dedicated to unlocking the limitless potential of individuals by providing crucial financial support across various initiatives. Their impact is felt through the provision of essential resources such as electronic tablets for non-verbal children, which facilitate communication and learning. They enhance the experience of adults in residential programs by sponsoring enriching outings that foster social interaction and personal development. Additionally, the foundation invests in facility upgrades to create welcoming and accessible environments.
By focusing on these transformative efforts, The Boundless Foundation establishes a framework that allows individuals to thrive, ensuring that every person has the opportunity to achieve their fullest potential. Their commitment to human services highlights a proactive approach to nurturing growth, independence, and community engagement, ultimately striving to build a world that recognizes and celebrates the boundless potential inherent in all people.
This information is meant to be a general summary of The Boundless Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $434,635
- Program Service Revenue: $2,285,043
- Gross Receipts: $6,858,372
Assets and Liabilities:
- Total Assets: $17,986,595
- Total Liabilities: $4,301,815
- Net Assets: $13,684,780
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$2,285,043
Organization Details
Founding Year
1980
Phone
(614) 844-3800Principal Officer
Patrick Maynard Phd
Main Address
445 E Dublin-Granville Rd Bldg H, WORTHINGTON, OH, 430853192
Website
www.iamboundless.orgNTEE Category
Code: P820 - Human services
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