Civic Intelligence

Boundless Community Pathways Inc.

990 • Fiscal year 2021 • EIN 31-0794511

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 27, 2022

445 E Dublin-Granville Rd Bldg HWorthington, OH 43085-3192

(614) 844-3800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.81x

Higher debt load relative to assets than 91% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

86th percentile

0.91x

Higher debt load relative to revenue than 86% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

10th percentile

-21%

Higher net margin than 10% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

95th percentile

$312,678

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

23rd percentile

-1.1%

Faster asset growth than 23% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

71st percentile

39%

Faster revenue growth than 71% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$3,256,676

Down $35,026 (-1.1%) from 2020

Net Assets

Down

$634,732

Down $636,757 (-50%) from 2020

Liabilities

Up

$2,621,944

Up $601,731 (+30%) from 2020

Revenue

Up

$2,896,297

Up $812,549 (+39%) from 2020

Expenses

Up

$3,518,249

Up $515,065 (+17%) from 2020

Net Income

Up

-$621,952

Up $297,484 (+32%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$2.0M$0-$2.0MAssets 2011: $1,632,519Liabilities 2011: $109,219Net Assets 2011: $1,523,3002011Assets 2012: $1,624,175Liabilities 2012: $99,550Net Assets 2012: $1,524,6252012Assets 2013: $1,817,771Liabilities 2013: $116,181Net Assets 2013: $1,701,5902013Assets 2014: $1,887,393Liabilities 2014: $140,470Net Assets 2014: $1,746,9232014Assets 2015: $1,863,558Liabilities 2015: $118,492Net Assets 2015: $1,745,0662015Assets 2016: $1,834,405Liabilities 2016: $164,811Net Assets 2016: $1,669,5942016Assets 2017: $2,241,257Liabilities 2017: $590,229Net Assets 2017: $1,651,0282017Assets 2019: $3,429,005Liabilities 2019: $1,238,080Net Assets 2019: $2,190,9252019Assets 2020: $3,291,702Liabilities 2020: $2,020,213Net Assets 2020: $1,271,4892020Assets 2021: $3,256,676Liabilities 2021: $2,621,944Net Assets 2021: $634,7322021Assets 2022: $2,580,196Liabilities 2022: $2,702,869Net Assets 2022: -$122,6732022Assets 2024: $1,895,218Liabilities 2024: $2,534,335Net Assets 2024: -$639,1172024

Highlighted filing

2021

Assets$3,256,676
Liabilities$2,621,944
Net Assets$634,732

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $233,0622011Expenses 2012: $248,5682012Revenue 2013: $326,945Expenses 2013: $228,258Net Income 2013: $98,6872013Revenue 2014: $298,988Expenses 2014: $237,294Net Income 2014: $61,6942014Revenue 2015: $286,453Expenses 2015: $223,482Net Income 2015: $62,9712015Revenue 2016: $38,651Expenses 2016: $135,050Net Income 2016: -$96,3992016Revenue 2017: $174,426Expenses 2017: $272,101Net Income 2017: -$97,6752017Revenue 2019: $3,070,363Expenses 2019: $3,711,639Net Income 2019: -$641,2762019Revenue 2020: $2,083,748Expenses 2020: $3,003,184Net Income 2020: -$919,4362020Revenue 2021: $2,896,297Expenses 2021: $3,518,249Net Income 2021: -$621,9522021Revenue 2022: $3,700,452Expenses 2022: $4,457,857Net Income 2022: -$757,4052022Revenue 2024: $70,252Expenses 2024: $83,055Net Income 2024: -$12,8032024

Highlighted filing

2021

Revenue$2,896,297
Expenses$3,518,249
Net Income-$621,952
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 27, 2022
Return Version
2021v4.2
Gross Receipts
$2,911,102
Mission and Program Overview

Mission

Building a world that realizes the boundless potential of all people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,335,474$2,290,905▼ $44,569
Cash and Non-Interest-Bearing Accounts$814,044$751,097▼ $62,947
Accounts Receivable$89,668$137,622▲ $47,954
Prepaid Expenses and Deferred Charges$50,590$50,554▼ $36
Inventories for Sale or Use$1,926$2,565▲ $639
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$3,291,702$3,256,676▼ $35,026
Other Assets Total$0$23,933▲ $23,933
Liabilities
Other Liabilities$1,206,976$1,791,625▲ $584,649
Mortgage Notes Payable Secured by Investment Property$445,659$413,263▼ $32,396
Accounts Payable and Accrued Expenses$195,038$258,018▲ $62,980
Deferred Revenue$172,540$159,038▼ $13,502
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,020,213$2,621,944▲ $601,731
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,271,489$631,867▼ $639,622
Net Assets With Donor Restrictions$0$2,865▲ $2,865
Total Net Assets Fund Balance$1,271,489$634,732▼ $636,757
Total Liabilities and Net Assets / Fund Balance$3,291,702$3,256,676▼ $35,026

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,488,009$133,150$1,621,159
Equipment$386,235$191,355$577,590
Land$384,000-$384,000
Other Land Buildings$32,661$10,859$43,520
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Akron-medina Corporate Park INCRent & Services6155 ROCKSIDE RD SUITE 304, Independence, OH 44131$227,880
Revenue and Support

Revenue Composition

Contributions and Grants
$402,986
Program Service Revenue
$2,365,885
Investment Income
$-5,368
Other Revenue
$132,794
All Other Contributions
$10,195
Change in Net Assets
$-621,952
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,096,388
Other Expenses$1,421,861
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,451,831$113,457-$1,565,288
Other Employee Benefits$368,577$13,714-$382,291
Occupancy$375,737--$375,737
Fees for Services Management-$263,457-$263,457
Payroll Taxes$139,016$9,793-$148,809
Depreciation Depletion$92,795$7,477-$100,272
Insurance$69,324$6,341-$75,665
Office Expenses$28,350$3,402-$31,752
Advertising$21,049$1,659-$22,708
Fees for Services Other$18,597$1,466-$20,063
Information Technology$18,150$1,430-$19,580
Interest$13,856$229-$14,085
Other Expenses$5,341$881-$5,341
Travel$3,183$1,055-$4,238
All Other Expenses$2,293$104-$2,397
Fees for Services Legal-$1,072-$1,072
Conferences and Meetings$699$55-$754
Total Functional Expenses$3,091,544$426,705$0$3,518,249
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$1,791,625
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION B, LINE 11:

The form 990 is reviewed and approved by the organization's executive director and board prior to filing.

FORM 990, PART VI, SECTION B, LINE 12C:

Board members and key staff are required to sign a disclosure each year.

FORM 990, PART VI, SECTION C, LINE 18:

The organization's form 1023 and 990 are available upon request.

FORM 990, PART VI, SECTION C, LINE 19:

The aforementioned forms can be viewed upon request.

FORM 990, PART VI, SECTION B, LINE 15A:

Hr leadership(vp and director) work together to review salary figures and make recommendations to the executive team and board. In this process, we rely on existing salary surveys from both guidestar(national non-profit) and opra (ohio providers of similar idd services). We also perform our own research by reviewing the public 990 forms of peer non-profit organizations throughout the country as well as input from professional vendors(payscale, salary.com, glassdoor). The process is documented from hr leadership to the decision makers and discussed as necessary. All salaries are paid out of i am boundless, inc., a related entity, and this organization reimburses i am boundless, inc. For all payroll and related costs for employees providing services to this organization.

Filing and Contact Details

Filer

Filer Name
Boundless Community Pathways Inc
EIN
31-0794511
In Care Of
% JOSEPH DAVY
Phone
6148443800
Address
445 E Dublin-Granville Rd Bldg H, Worthington, OH 43085-3192

Signing Officer

Name
Patrick Maynard PhD
Title
CEO
Phone
6148443800
Signed
2022-09-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Maynard Phd
Formed
1986
Legal Domicile
Oh
Voting Board Members
16
Independent Board Members
16
Employees
66
Volunteers
19

Preparer

Firm
Hw&co
Address
23240 Chagrin Blvd Suite 700, Cleveland, OH 44122-5450
Phone
2168311200
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transfer of net assets, net: ($14,805)

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHARIMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
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IRS990/FormationYr01986
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IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
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IRS990/GamingGrossIncomeAmt00
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IRS990/GovernmentGrantsAmt046470
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/GrossReceiptsAmt02911102
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IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
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IRS990/IndivRcvdGreaterThan100KCnt00
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IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InformationTechnologyGrp/ProgramServicesAmt018150
IRS990/InformationTechnologyGrp/TotalAmt019580
IRS990/InsuranceGrp/ManagementAndGeneralAmt06341
IRS990/InsuranceGrp/ProgramServicesAmt069324
IRS990/InsuranceGrp/TotalAmt075665
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt0229
IRS990/InterestGrp/ProgramServicesAmt013856
IRS990/InterestGrp/TotalAmt014085
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01926
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt02290905
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IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
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IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0BUILDING A WORLD THAT REALIZES THE BOUNDLESS POTENTIAL OF ALL PEOPLE.
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0413263
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IRS990/OfficeExpensesGrp/TotalAmt031752
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0368577
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IRS990/OtherExpensesGrp/Desc0EQUIPMENT RENTAL AND MAINTENAN
IRS990/OtherExpensesGrp/Desc1PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3MEDICAL SERVICES
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1892
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2881
IRS990/OtherExpensesGrp/ProgramServicesAmt0385871
IRS990/OtherExpensesGrp/ProgramServicesAmt185693
IRS990/OtherExpensesGrp/ProgramServicesAmt211182
IRS990/OtherExpensesGrp/ProgramServicesAmt35341
IRS990/OtherExpensesGrp/TotalAmt0386092
IRS990/OtherExpensesGrp/TotalAmt186585
IRS990/OtherExpensesGrp/TotalAmt212063
IRS990/OtherExpensesGrp/TotalAmt35341
IRS990/OtherLiabilitiesGrp/BOYAmt01206976
IRS990/OtherLiabilitiesGrp/EOYAmt01791625
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt033315
IRS990/OtherRevenueTotalAmt033315
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0113457
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01451831
IRS990/OtherSalariesAndWagesGrp/TotalAmt01565288
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09793
IRS990/PayrollTaxesGrp/ProgramServicesAmt0139016
IRS990/PayrollTaxesGrp/TotalAmt0148809
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0true

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$2.53$0.64$0.07$0.08$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.58$2.70$0.12$3.70$4.46$0.76
2021Detailed filing. Detailed filing data is available for this year.$3.26$2.62$0.63$2.90$3.52$0.62
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.29$2.02$1.27$2.08$3.00$0.92
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.43$1.24$2.19$3.07$3.71$0.64
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$0.59$1.65$0.17$0.27$0.10
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.16$1.67$0.04$0.14$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.86$0.12$1.75$0.29$0.22$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.89$0.14$1.75$0.30$0.24$0.06
2013Detailed filing. Detailed filing data is available for this year.$1.82$0.12$1.70$0.33$0.23$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.10$1.52$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.11$1.52$0.23