Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Boundless Foundation
EIN 85-1173781 • 501(c)3 • Nashville, TN
Pub. 78 Eligible990-N Coverage
Profile
VisionTo be the leader of building schools in developing communities that serve as a model for breaking the cycle of poverty and reducing the psychological and emotional impact that lack of opportunity from living a life outside of simply surviving. Mission Raise funding and build 32 community schools in underdeveloped, underserved areas that break the cycle of poverty through immersive, intentional education, and practical skills training with spirituality.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
2.03x
Liabilities / Revenue
86th percentile
Higher debt load relative to revenue than 86% of similar nonprofits.
Net Margin
80th percentile
Higher net margin than 80% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
98th percentile
Faster asset growth than 98% of similar nonprofits.
Revenue Growth
13th percentile
Faster revenue growth than 13% of similar nonprofits.
Balance Sheet
Assets
Up$5,732
Up $4,610 (+411%) from 2023
Liabilities
Down$11,639
Down $12,555 (-52%) from 2023
Net Assets
Up-$5,907
Up $17,165 (+74%) from 2023
Revenue
Down$61,611
Down $97,781 (-61%) from 2023
Expenses
Down$44,446
Down $185,965 (-81%) from 2023
Net Income
Up$17,165
Up $88,184 (+124%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $5,732
- Liabilities
- $11,639
- Net assets
- -$5,907
- Revenue
- $61,611
- Expenses
- $44,446
- Net income
- $17,165
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $0.06 | $0.12 | $0.06 | $0.62 | $0.44 | $0.17 |
| 2023Detailed filing. Detailed filing data is available for this year. | $0.01 | $0.24 | $0.23 | $1.59 | $2.30 | $0.71 |
| 2022Detailed filing. Detailed filing data is available for this year. | $0.55 | $0.07 | $0.48 | $0.87 | $0.21 | $0.66 |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2023 to Jun 30, 2024
- Signed
- Nov 14, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $61,611
Mission and Program Overview
Mission
VisionTo be the leader of building schools in developing communities that serve as a model for breaking the cycle of poverty and reducing the psychological and emotional impact that lack of opportunity from living a life outside of simply surviving. Mission Raise funding and build 32 community schools in underdeveloped, underserved areas that break the cycle of poverty through immersive, intentional education, and practical skills training with spirituality.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| This year, Boundless Foundation continued to grow and make a significant impact in communities where education was once just a dream. | $0 | $15,860 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Shannon Rizzo | President | FT | $0 | - | - |
| Jennifer Rawls | Secretary | PT | $0 | - | - |
| Brittany Loukos | Treasurer | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Boundless Foundation
- EIN
- 85-1173781
- Phone
- 6153071198
- Address
- 718 Thompson Lane 108-217, Nashville, TN 37204
Signing Officer
- Name
- Shannon Rizzo
- Title
- President
- Phone
- 6152902907
- Signed
- 2025-11-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Alice Crafts CPA LLC
- Address
- 4525 Harding Pike Suite 200, Nashville, TN 37205
- Preparer
- Alice Crafts CPA LLC
- Phone
- 6153310500
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: Advertising. Amount: 22. Description: Office. Amount: 3062. Description: Payment processing fees. Amount: 16. Description: Taxes and licenses. Amount: 21. Description: Interest paid. Amount: 429. Description: PayPal and QuickBooks fees. Amount: 646. Description: School program costs. Amount: 15860. Description: Travel. Amount: 1168. Description: Bank charges. Amount: 88. Description: Insurance. Amount: 424. Description: Miscellaneous. Amount: 1185. Total to Form 990-EZ, line 16: 22921.”
Form 990-EZ, Part II, Line 24 - Other Assets
“Description: Expense receivables. Beg. of Year Amount: 307. End of Year Amount: 0.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: Credit cards payable. Beg. of Year Amount: 2983. End of Year Amount: 135. Description: Loan payable. Beg. of Year Amount: 21211. End of Year Amount: 11504.”
Raw XML Appendix138 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
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| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Nashville |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 37205 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 815 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 5732 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 61611 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 17165 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 21525 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 1122 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 5732 |
| IRS990EZ/GrossReceiptsAmt | 0 | 61611 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
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| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -23072 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Jennifer Rawls |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Brittany Loukos |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 307 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 22921 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | VisionTo be the leader of building schools in developing communities that serve as a model for breaking the cycle of poverty and reducing the psychological and emotional impact that lack of opportunity from living a life outside of simply surviving. Mission Raise funding and build 32 community schools in underdeveloped, underserved areas that break the cycle of poverty through immersive, intentional education, and practical skills training with spirituality. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | This year, Boundless Foundation continued to grow and make a significant impact in communities where education was once just a dream. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 15860 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | TN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 24194 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 11639 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 44446 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 15860 |
| IRS990EZ/TotalRevenueAmt | 0 | 61611 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | ourboundlessfoundation.org |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 61611 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 159392 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 86980 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 44455 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 352438 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 352438 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 61611 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 159392 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 86980 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 44455 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 352438 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 352438 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: Advertising. Amount: 22. Description: Office. Amount: 3062. Description: Payment processing fees. Amount: 16. Description: Taxes and licenses. Amount: 21. Description: Interest paid. Amount: 429. Description: PayPal and QuickBooks fees. Amount: 646. Description: School program costs. Amount: 15860. Description: Travel. Amount: 1168. Description: Bank charges. Amount: 88. Description: Insurance. Amount: 424. Description: Miscellaneous. Amount: 1185. Total to Form 990-EZ, line 16: 22921. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: Expense receivables. Beg. of Year Amount: 307. End of Year Amount: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: Credit cards payable. Beg. of Year Amount: 2983. End of Year Amount: 135. Description: Loan payable. Beg. of Year Amount: 21211. End of Year Amount: 11504. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part II, Line 24 - Other Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 26 - Other Liabilities |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Shannon Rizzo |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6152902907 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-14 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BOUN |
| ReturnHeader/Filer/EIN | 0 | 851173781 |
| ReturnHeader/Filer/PhoneNum | 0 | 6153071198 |
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| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 37204 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 37205 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6153310500 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Alice Crafts CPA LLC |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2025-11-14T12:01:04-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
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