Civic Intelligence

Unbounded Learning Inc

EIN 47-5223320 • 501(c)3 • New York, NY

Profile

Unbounded empowers educators to meet the needs of every single student through grade-level, engaging, affirming, and meaningful gleam "registered trademark" instruction.

228 Park Ave S 90834New York, NY 10003-1502

www.unbounded.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

43rd percentile

0.16x

Higher debt load relative to assets than 43% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

27th percentile

0.11x

Higher debt load relative to revenue than 27% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

87th percentile

43%

Higher net margin than 87% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

98th percentile

141%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

97th percentile

195%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Assets

Up

$26,503,333

Up $1,515,199 (+6.1%) from 2023

Liabilities

Up

$5,324,761

Up $21,170 (+0.4%) from 2023

Net Assets

Up

$21,178,572

Up $1,494,029 (+7.6%) from 2023

Revenue

Up

$30,532,931

Up $3,887,702 (+15%) from 2023

Expenses

Up

$29,038,902

Up $1,368,422 (+4.9%) from 2023

Net Income

Up

$1,494,029

Up $2,519,280 (+246%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2016: $485,407Liabilities 2016: $485,386Net Assets 2016: $212016Assets 2017: $6,346,858Liabilities 2017: $5,112,035Net Assets 2017: $1,234,8232017Assets 2018: $5,586,478Liabilities 2018: $3,776,272Net Assets 2018: $1,810,2062018Assets 2019: $7,500,380Liabilities 2019: $5,701,742Net Assets 2019: $1,798,6382019Assets 2020: $6,994,583Liabilities 2020: $3,089,151Net Assets 2020: $3,905,4322020Assets 2021: $10,202,052Liabilities 2021: $4,353,551Net Assets 2021: $5,848,5012021Assets 2022: $24,556,772Liabilities 2022: $3,846,978Net Assets 2022: $20,709,7942022Assets 2023: $24,988,134Liabilities 2023: $5,303,591Net Assets 2023: $19,684,5432023Assets 2024: $26,503,333Liabilities 2024: $5,324,761Net Assets 2024: $21,178,5722024

Highlighted filing

2024

Assets$26,503,333
Liabilities$5,324,761
Net Assets$21,178,572

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$30M$20M$10M$0-$10MRevenue 2016: $1,273,902Expenses 2016: $1,273,881Net Income 2016: $212016Revenue 2017: $11,268,164Expenses 2017: $10,033,362Net Income 2017: $1,234,8022017Revenue 2018: $12,053,289Expenses 2018: $11,477,906Net Income 2018: $575,3832018Revenue 2019: $11,864,206Expenses 2019: $11,875,774Net Income 2019: -$11,5682019Revenue 2020: $14,270,918Expenses 2020: $12,164,124Net Income 2020: $2,106,7942020Revenue 2021: $11,682,333Expenses 2021: $9,739,264Net Income 2021: $1,943,0692021Revenue 2022: $34,479,615Expenses 2022: $19,618,322Net Income 2022: $14,861,2932022Revenue 2023: $26,645,229Expenses 2023: $27,670,480Net Income 2023: -$1,025,2512023Revenue 2024: $30,532,931Expenses 2024: $29,038,902Net Income 2024: $1,494,0292024

Highlighted filing

2024

Revenue$30,532,931
Expenses$29,038,902
Net Income$1,494,029

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 25, 2025
Return Version
2023v6.0
Gross Receipts
$42,926,483
Mission and Program Overview

Mission

The mission of unbounded learning, inc. ("unbounded") is to support the practice and learning of educators so that teachers serving students living in poverty and inequity are using aligned curriculum well. Unbounded aims to harness the power of strong standards-aligned instruction to accelerate students not yet at grade-level by supporting educators to select, implement and adapt high-quality curriculum materials to meet their students where they are today. Unbounded works to ensure that all children are growing against high grade-level standards every day, even when they enter their grade with knowledge, vocabulary, and skill gaps.

Unbounded empowers educators to meet the needs of every single student through grade-level, engaging, affirming, and meaningful gleam "registered trademark" instruction.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,758,309$9,440,644▲ $1,682,335
Accounts Receivable$4,395,836$5,213,097▲ $817,261
Cash and Non-Interest-Bearing Accounts$1,867,692$4,041,299▲ $2,173,607
Other Notes and Loans Receivable, Net-$2,165,432-
Savings and Temporary Cash Investments$5,688,073$1,512,659▼ $4,175,414
Prepaid Expenses and Deferred Charges$734,792$1,446,770▲ $711,978
Pledges and Grants Receivable$2,760,000$900,000▼ $1,860,000
Total Assets$24,988,134$26,503,333▲ $1,515,199
Other Assets Total$1,783,432$1,783,432→ $0
Liabilities
Accounts Payable and Accrued Expenses$3,641,891$3,832,361▲ $190,470
Deferred Revenue$1,661,700$1,492,400▼ $169,300
Total Liabilities$5,303,591$5,324,761▲ $21,170
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$15,057,247$14,235,595▼ $821,652
Net Assets With Donor Restrictions$4,627,296$6,942,977▲ $2,315,681
Total Net Assets Fund Balance$19,684,543$21,178,572▲ $1,494,029
Total Liabilities and Net Assets / Fund Balance$24,988,134$26,503,333▲ $1,515,199

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,783,432--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lacey RobinsonPresident and CEOFT$390,177$100,674$490,851
Arun RamanathanFormer Special Advisor to CEO-$78,021$386,695$464,716
Laura SmithChief Operating OfficerFT$295,973$68,246$364,219
Monica VasquezChief Talent & OrganizatioFT$281,597$66,004$347,601
Kristen EhlmanChief Program OfficerFT$247,303$66,046$313,349
Michaelle MccastleSr. VP of PartnershipsFT$155,662$123,966$279,628
Andrea HancockSr. VP of Program Design-$208,906$42,650$251,556
Lakisha CovertSr. VP of Program Implementation-$198,438$34,499$232,937
Nadya DabbyChief Impact OfficerFT$147,129$53,131$200,260

Board Members and Trustees

NameTitle
Sarah BraytonBoard Chair (resigned April 24
Sonjihia LoweryBoard Chair as of April 2024
Beth MejiaBoard Member
Doug BorchardBoard Member
Dr Gislaine NgounouBoard Member
Shaun NelmsBoard Member (resigned April 2024)
Kelly StuartBoard Member as of June 2024
Todd CollinsTreasurer (resigned Nov 2024)

Highest Paid Contractors

ContractorServicesLocationCompensation
CenterplateFood Services1 INDEPENDENCE POINTE ST 305, Greenville, SC 29615$948,688
Cerro Cloud LLCOutsourced Technology And Security40 WALL STREET 2739, New York, NY 10005$558,326
One Learning Community Ltd CoOutsourced Web Development223 KINGSBURY GRADE BOX 5024, Stateline, NV 89449$509,701
Orlando Event Productions LLCAudio Visual Services7605 PRESIDENTS DRIVE, Orlando, FL 32809$505,698
Davis Wright Tremaine LLPLegal ServicesPO BOX 7410478, Chicago, IL 60674$480,517
Revenue and Support

Revenue Composition

Contributions and Grants
$16,749,883
Program Service Revenue
$12,345,506
Investment Income
$1,437,542
Other Revenue
$0
All Other Contributions
$14,586,757
Change in Net Assets
$1,494,029

Audited Revenue Reconciliation

Revenue per Audited Statements
$30,532,931
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$402,032
Total Revenue per Audited Statements
$30,934,963
Total Revenue per Form 990
$30,532,931
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$14,608,013
Other Expenses$14,430,889
Total Fundraising Expense$1,006,274
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,610,048$1,641,085$49,610$10,300,743
Fees for Services Other$2,758,811-$159,691$2,918,502
Current Officers, Directors, Trustees, and Key Employees$531,223$531,223$531,223$1,593,669
Office Expenses$1,011,871$222,542$58,571$1,292,984
Other Employee Benefits$892,592$182,445$20,272$1,095,309
Payroll Taxes$782,553$182,361$45,297$1,010,211
Advertising$746,013--$746,013
Pension Plan Contributions$499,578$99,889$8,614$608,081
Fees for Services Accounting-$438,509$108,923$547,432
Travel$352,271$82,091$20,391$454,753
Fees for Services Legal-$193,666-$193,666
Insurance-$106,306-$106,306
Other Expenses$63,611$14,823$3,682$82,116
All Other Expenses-$25,856-$25,856
Occupancy-$22,195-$22,195
Information Technology$18,246--$18,246
Total Functional Expenses$23,904,448$4,128,180$1,006,274$29,038,902

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$29,440,934
Expenses per Audited Statements$29,038,902
Total Expenses per Form 990$29,038,902
Expenses Not Reported on Form 990$402,032
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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 11B

The 990 will be provided to the trustees prior to filing.

Form 990, Part VI, Section B, Line 12C

It is the purpose of the financial policy and procedures document to encourage trustees, officers or employees to report information that they reasonably and in good faith believe to be in violation of the code of business conduct, the policy on conflict of interest and related party transaction policy, applicable law or regulation, to a member of the board of trustees, in writing stating in detail the basis for belief of the violation or suspected violation.

Form 990, Part VI, Section B, Line 15

The independent directors of the board review and approve ceo compensation. The ceo reviews and approves compensation of the corporation's key and highly paid employees and independent contractors.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Unbounded Learning Inc
EIN
47-5223320
Phone
6464152118
Address
228 PARK AVE S 90834, NEW YORK, NY 10003-1502

Signing Officer

Name
Lacey Robinson
Title
President and CEO
Phone
6464152118
Signed
2025-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lacey Robinson
Formed
2015
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
95
Volunteers
8

Preparer

Firm
Mengel Metzger Barr & Co Llp
Address
100 CHESTNUT STREET SUITE 1200, ROCHESTER, NY 14604
Preparer
Michelle Cain
Phone
5854231860
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional services: program service expenses 2,758,811. Management and general expenses 0. Fundraising expenses 159,691. Total expenses 2,918,502.

Part XII, Line 2C Explanation

The board has not changed its process for selecting the independent auditor nor have they changed the oversight of the audit from prior years.

Financial Statement Notes

PART X, LINE 2:

Unbounded learning, inc. Is tax-exempt under section 501(c)(3) of the internal revenue code and applicable state regulations and, accordingly, is exempt from federal and state taxes on income. The organization files tax returns in various jurisdictions and is subject to potential examination by taxing authorities. The organization's current and prior three years tax returns remain subject to review by taxing authorities. Management of the organization believes it has no material uncertain tax positions and, accordingly, it has not recognized any liability for unrecognized tax benefits.

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IRS990/Form990PartVIISectionAGrp/PersonNm5DR GISLAINE NGOUNOU
IRS990/Form990PartVIISectionAGrp/PersonNm6BETH MEJIA
IRS990/Form990PartVIISectionAGrp/PersonNm7KELLY STUART
IRS990/Form990PartVIISectionAGrp/PersonNm8LACEY ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm9LAURA SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm10KRISTEN EHLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm11NADYA DABBY
IRS990/Form990PartVIISectionAGrp/PersonNm12MONICA VASQUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm13MICHAELLE MCCASTLE
IRS990/Form990PartVIISectionAGrp/PersonNm14ANDREA HANCOCK
IRS990/Form990PartVIISectionAGrp/PersonNm15LAKISHA COVERT
IRS990/Form990PartVIISectionAGrp/PersonNm16ARUN RAMANATHAN
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10272770
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12310617
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13245505
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14211406
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15205438
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER (RESIGNED APRIL 2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD CHAIR AS OF APRIL 2024
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD CHAIR (RESIGNED APRIL 24
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER (RESIGNED NOV 2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER AS OF JUNE 2024
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF PROGRAM OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHIEF IMPACT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHIEF TALENT & ORGANIZATIO
IRS990/Form990PartVIISectionAGrp/TitleTxt13SR. VP OF PARTNERSHIPS
IRS990/Form990PartVIISectionAGrp/TitleTxt14SR. VP OF PROGRAM DESIGN
IRS990/Form990PartVIISectionAGrp/TitleTxt15SR. VP OF PROGRAM IMPLEMENTATION
IRS990/Form990PartVIISectionAGrp/TitleTxt16FORMER SPECIAL ADVISOR TO CEO
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IRS990/GrantsToOrganizationsInd00
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IRS990/InsuranceGrp/ManagementAndGeneralAmt0106306
IRS990/InsuranceGrp/TotalAmt0106306
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IRS990/LocalChaptersInd00
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IRS990/MembersOrStockholdersInd00
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IRS990/MissionDesc0UNBOUNDED EMPOWERS EDUCATORS TO MEET THE NEEDS OF EVERY SINGLE STUDENT THROUGH GRADE-LEVEL, ENGAGING, AFFIRMING, AND MEANINGFUL GLEAM "REGISTERED TRADEMARK" INSTRUCTION.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt021178572
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt014235595
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IRS990/OccupancyGrp/TotalAmt022195
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IRS990/OtherAssetsTotalGrp/EOYAmt01783432
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt01095309
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IRS990/OtherExpensesGrp/Desc1INTEGRATION EXPENSE
IRS990/OtherExpensesGrp/Desc2COST OF GOODS SOLD
IRS990/OtherExpensesGrp/Desc3STAFF DEVELOPMENT
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IRS990/OtherExpensesGrp/TotalAmt1385189
IRS990/OtherExpensesGrp/TotalAmt2152682
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IRS990/ProgSrvcAccomActy2Grp/Desc0UNBOUNDED HOSTED 3 STANDARDS INSTITUTE EVENTS IN JULY 2023, WINTER 2024 AND JUNE 2024; REACHING OVER 2,300 EDUCATORS, LEADERS AND PARTNERS FROM DISTRICTS AND CMOS.PARTICIPANTS IN ALMOST EVERY COURSE AND DISTRICT/ORGANIZATION, AS WELL AS ACROSS ALL ROLES, SHOWED GAINS IN KNOWLEDGE AFTER ATTENDING THE INSTITUTE. ALL STAFF MEMBERS WORKED THE EVENTS AND WERE PART OF THE CONTENT DEVELOPMENT AND OPERATIONS OF THE EVENTS.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt06944840
IRS990/ProgSrvcAccomActy3Grp/Desc0LOCAL & VIRTUAL SUMMIT - UNBOUNDED'S INTERACTIVE TWO-DAY SUMMIT FOR TEACHERS, COACHES, AND LEADERS EMPHASIZES INSTRUCTIONAL PLANNING IN THE COMPLEX ERA COVID-19 AND AMIDST A HISTORICAL ANTI-RACIST MOVEMENT. WITH AN EMPHASIS ON GRADE-LEVEL CURRICULUM, STRATEGIC SUPPORTS, AND EQUITABLE INSTRUCTION, THE UNBOUNDED VIRTUAL SUMMIT MOVES EDUCATORS THROUGH PLANNING PROCESSES THAT CAN PRODUCE MEANINGFUL, ENGAGING IN-PERSON AND VIRTUAL CLASSROOM EXPERIENCES. TEACHERS & COACHES LEAVE THE VIRTUAL SUMMIT BETTER PREPARED TO MAKE INFORMED DECISIONS THAT ADDRESS UNFINISHED INSTRUCTION WHILE REMAINING IN GRADE-LEVEL CURRICULUM, AND LEADERS LEAVE THE SUMMIT BETTER PREPARED TO MAKE DECISIONS THAT ENSURE STUDENTS HAVE EQUITABLE ACCESS TO GRADE-LEVEL INSTRUCTION.
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IRS990/ProgSrvcAccomActy3Grp/RevenueAmt03624750
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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt013892265
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0391075
IRS990/PYOtherExpensesAmt015761280
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt012361889
IRS990/PYRevenuesLessExpensesAmt0-1025251
IRS990/PYSalariesCompEmpBnftPaidAmt011909200
IRS990/PYTotalExpensesAmt027670480
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt026645229
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01494029
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IRS990/RevenueAmt01775916
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt01512659
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt016749883
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt013892265
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt025815024
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt07481009
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt05294116
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt069232297
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0391075
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0103

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