Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Boundless Foundation
990EZ • Fiscal year 2022 • EIN 85-1173781
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.13x
Liabilities / Revenue
80th percentile
Higher debt load relative to revenue than 80% of similar nonprofits.
Net Margin
95th percentile
Higher net margin than 95% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$55,199
No earlier filing loaded for comparison.
Net Assets
$47,947
No earlier filing loaded for comparison.
Liabilities
$7,252
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$86,980
No earlier filing loaded for comparison.
Expenses
$20,993
No earlier filing loaded for comparison.
Net Income
$65,987
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2021 to Jun 30, 2022
- Signed
- Nov 15, 2022
- Return Version
- 2021v4.2
- Gross Receipts
- $86,980
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 |
|---|---|---|
| Work continued with people in Honduras to provide meals to children amid the global shutdown. In January, 2021, over 200 meals were provided to childen and 5 laptop computers were provided to entrepreneurs. In April, 2021, we broke ground on the first school build: Our Boundless Academy in La Entrada, Hondura. In June, 2021, the creation of Wakefield Sunshine School in La Guacamaya began. In August, 2021, we supported 53 students through the Little Sprouts program in Roatan. Little Spouts was the first major project leading to supporting a school. The program began in the streets of Coxen Hole where meals were provided to children on the street who were unable to attend school due to not owning uniforms. After two years of working with Little Sprouts, we supported thousands of meals and also contributed to refurbishing a new building site and provided chairs and desks for an actual school building. Little Sprouts is a true success story. The project is fully sustainable with no need for additional funding, as they are supporting themselves through community support. In September, 2021, the Wakefield Sunshine School had a grand opening ceremony, and tables and benches arived for the school shelter in Roatan. In November, 2021, the first class graduated from Our Boundless Academy. The students had perfect attendance and graduated to their next levels. In February, 2022, Our Boundless Academy has expanded to grades 1-4 with 1 bilingual student; the community has rallied around the school and is very involved in its succes. Wakefield Sunshine School is doing well and the students are progressing with perfect attendance. In May, 2022, Our Boundless Academy expanded support to 18 adults who had lost hope of learning to read and write and now attend literacy classes. We also celebrated the one-year anniversary of Our Boundless Academy and selected two future school locations in Honduras. | $0 | $16,256 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Shannon Rizzo | President | FT | $0 | - | - |
| Jennifer Rawls | Secretary | PT | $0 | - | - |
| Sonia Crouch | 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
- 2022-11-15
- 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: 208. Description: Office. Amount: 2211. Description: Payment processing fees. Amount: 41. Description: Shipping. Amount: 371. Description: Taxes and licenses. Amount: 91. Description: Website expenses. Amount: 1072. Description: Interest. Amount: 2117. Description: School program costs. Amount: 5809. Description: Travel. Amount: 6373. Total to Form 990-EZ, line 16: 18293.”
Form 990-EZ, Part II, Line 24 - Other Assets
“Description: Expense receivables. Beg. of Year Amount: 137. End of Year Amount: 307.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: Credit cards payable. Beg. of Year Amount: 19457. End of Year Amount: 7252. Description: Sales tax collected. Beg. of Year Amount: 21. End of Year Amount: 0.”
Raw XML Appendix147 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Shannon Rizzo |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6153310500 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4525 Harding Pike Suite 200 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Nashville |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 37205 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 1301 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 54892 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 86980 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 65987 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2700 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 1438 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 55199 |
| IRS990EZ/GrossReceiptsAmt | 0 | 86980 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NameChangeInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -18040 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 47947 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -18040 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 47947 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| 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 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Shannon Rizzo |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Jennifer Rawls |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Sonia Crouch |
| 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 | 137 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 307 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 18293 |
| 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 | Work continued with people in Honduras to provide meals to children amid the global shutdown. In January, 2021, over 200 meals were provided to childen and 5 laptop computers were provided to entrepreneurs. In April, 2021, we broke ground on the first school build: Our Boundless Academy in La Entrada, Hondura. In June, 2021, the creation of Wakefield Sunshine School in La Guacamaya began. In August, 2021, we supported 53 students through the Little Sprouts program in Roatan. Little Spouts was the first major project leading to supporting a school. The program began in the streets of Coxen Hole where meals were provided to children on the street who were unable to attend school due to not owning uniforms. After two years of working with Little Sprouts, we supported thousands of meals and also contributed to refurbishing a new building site and provided chairs and desks for an actual school building. Little Sprouts is a true success story. The project is fully sustainable with no need for additional funding, as they are supporting themselves through community support. In September, 2021, the Wakefield Sunshine School had a grand opening ceremony, and tables and benches arived for the school shelter in Roatan. In November, 2021, the first class graduated from Our Boundless Academy. The students had perfect attendance and graduated to their next levels. In February, 2022, Our Boundless Academy has expanded to grades 1-4 with 1 bilingual student; the community has rallied around the school and is very involved in its succes. Wakefield Sunshine School is doing well and the students are progressing with perfect attendance. In May, 2022, Our Boundless Academy expanded support to 18 adults who had lost hope of learning to read and write and now attend literacy classes. We also celebrated the one-year anniversary of Our Boundless Academy and selected two future school locations in Honduras. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 16256 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | TN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 19478 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 7252 |
| 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 | 20993 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 16256 |
| IRS990EZ/TotalRevenueAmt | 0 | 86980 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | ourboundlessfoundation.org |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 86980 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 44455 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 131435 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 131435 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 86980 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 44455 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 131435 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 131435 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: Advertising. Amount: 208. Description: Office. Amount: 2211. Description: Payment processing fees. Amount: 41. Description: Shipping. Amount: 371. Description: Taxes and licenses. Amount: 91. Description: Website expenses. Amount: 1072. Description: Interest. Amount: 2117. Description: School program costs. Amount: 5809. Description: Travel. Amount: 6373. Total to Form 990-EZ, line 16: 18293. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: Expense receivables. Beg. of Year Amount: 137. End of Year Amount: 307. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: Credit cards payable. Beg. of Year Amount: 19457. End of Year Amount: 7252. Description: Sales tax collected. Beg. of Year Amount: 21. End of Year Amount: 0. |
| 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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| 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 | 2022-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Boundless Foundation |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BOUN |
| ReturnHeader/Filer/EIN | 0 | 851173781 |
| ReturnHeader/Filer/PhoneNum | 0 | 6153071198 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 718 Thompson Lane 108-217 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Nashville |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 37204 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 203829763 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Alice Crafts CPA LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4525 Harding Pike Suite 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Nashville |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 37205 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6153310500 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-11-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Alice Crafts CPA LLC |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2022-11-15T07:44:14-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Shannon |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Rizzo |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-06-30 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $55,199
- Liabilities
- $7,252
- Net assets
- $47,947
- Revenue
- $86,980
- Expenses
- $20,993
- Net income
- $65,987
| 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 |