Civic Intelligence

Boundless Israel Inc.

990 • Fiscal year 2024 • EIN 86-3691816

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 08, 2024

464 Common St No 329Belmont, MA 02478

(917) 319-5397

Siviq Scores

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

Liabilities / Assets

38th percentile

0.02x

Higher debt load relative to assets than 38% of similar nonprofits.

2024 filings • NTEE B • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.02x

Higher debt load relative to revenue than 35% of similar nonprofits.

2024 filings • NTEE B • $1M-$5M nonprofits • Source year 2024

Net Margin

87th percentile

43%

Higher net margin than 87% of similar nonprofits.

2024 filings • NTEE B • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

95th percentile

$309,893

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

2024 filings • NTEE B • $1M-$5M nonprofits • Source year 2024

Asset Growth

92nd percentile

94%

Faster asset growth than 92% of similar nonprofits.

2024 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

165%

Faster revenue growth than 94% of similar nonprofits.

2024 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,916,835

Up $1,416,463 (+94%) from 2023

Net Assets

Up

$2,856,779

Up $1,363,609 (+91%) from 2023

Liabilities

Up

$60,056

Up $52,854 (+734%) from 2023

Revenue

Up

$3,189,596

Up $1,985,911 (+165%) from 2023

Expenses

Up

$1,825,987

Up $789,257 (+76%) from 2023

Net Income

Up

$1,363,609

Up $1,196,654 (+717%) from 2023

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2022: $1,342,499Liabilities 2022: $16,284Net Assets 2022: $1,326,2152022Assets 2023: $1,500,372Liabilities 2023: $7,202Net Assets 2023: $1,493,1702023Assets 2024: $2,916,835Liabilities 2024: $60,056Net Assets 2024: $2,856,7792024Assets 2025: $3,089,213Liabilities 2025: $196,336Net Assets 2025: $2,892,8772025

Highlighted filing

2024

Assets$2,916,835
Liabilities$60,056
Net Assets$2,856,779

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Revenue 2022: $2,147,400Expenses 2022: $821,185Net Income 2022: $1,326,2152022Revenue 2023: $1,203,685Expenses 2023: $1,036,730Net Income 2023: $166,9552023Revenue 2024: $3,189,596Expenses 2024: $1,825,987Net Income 2024: $1,363,6092024Revenue 2025: $2,289,138Expenses 2025: $2,253,040Net Income 2025: $36,0982025

Highlighted filing

2024

Revenue$3,189,596
Expenses$1,825,987
Net Income$1,363,609
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 8, 2024
Return Version
2023v5.1
Gross Receipts
$3,189,596
Mission and Program Overview

Mission

The organization is a think-action tank partnering with community leaders to revitalize israel education and take bold collective action to combat jew-hatred.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$969,460$2,143,546▲ $1,174,086
Accounts Receivable$525,850$761,670▲ $235,820
Prepaid Expenses and Deferred Charges$5,062$11,619▲ $6,557
Total Assets$1,500,372$2,916,835▲ $1,416,463
Liabilities
Accounts Payable and Accrued Expenses$7,202$60,056▲ $52,854
Total Liabilities$7,202$60,056▲ $52,854
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,193,170$1,432,612▲ $239,442
Net Assets With Donor Restrictions$300,000$1,424,167▲ $1,124,167
Total Net Assets Fund Balance$1,493,170$2,856,779▲ $1,363,609
Total Liabilities and Net Assets / Fund Balance$1,500,372$2,916,835▲ $1,416,463
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rachel FishPresident and Co-founderFT$275,000$34,893$309,893
Aviva KlompasCo-founder & Innovator AdvFT$275,000$11,237$286,237

Board Members and Trustees

NameTitle
Irwin CotlerDirector
Zohar RavivDirector, Secretary
Nathan HaymanDirector, Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,158,300
Program Service Revenue
$22,100
Investment Income
$9,196
Other Revenue
$0
All Other Contributions
$3,158,300
Change in Net Assets
$1,363,609

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,189,596
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,189,596
Total Revenue per Form 990
$3,189,596
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,140,479
Salaries, Compensation, and Employee Benefits$685,508
Total Fundraising Expense$137,101
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$353,455$117,818$117,818$589,091
Fees for Services Other-$72,098-$72,098
Other Employee Benefits$37,396$12,465$12,465$62,326
Fees for Services Legal-$34,389-$34,389
Payroll Taxes$20,455$6,818$6,818$34,091
Travel$28,964--$28,964
Fees for Services Accounting-$28,623-$28,623
Insurance-$9,636-$9,636
Other Expenses$910,621$4,775-$4,775
Office Expenses$1,799--$1,799
Conferences and Meetings$414--$414
Total Functional Expenses$1,353,104$335,782$137,101$1,825,987

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,825,987
Total Expenses per Audited Statements$1,825,987
Total Expenses per Form 990$1,825,987
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Aviva KlompasBusiness RelationshipThe Individual Is Both an Employee of the Organization and a Board Member.No$275,000
Rachel FishBusiness RelationshipThe Individual Is Both an Employee of the Organization and a Board Member.No$275,000
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
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Business relationship - two members of the board of directors are full time employees of the organization.

Form 990, Part VI, Section B, Line 11B

Pdf copy provided to all board members after cofounder's review and approve with the preparer.

Form 990, Part VI, Section B, Line 15

The co-founder's compensation is reviewed and approved annually by the board based on comparables.

Form 990, Part VI, Section C, Line 19

Copies of corporate documents are made available to the general public with written request.

Filing and Contact Details

Filer

Filer Name
Boundless Israel Inc
EIN
86-3691816
Phone
9173195397
Address
464 COMMON ST NO 329, BELMONT, MA 02478

Signing Officer

Name
Rachel Fish
Title
President and Co-founder
Phone
9173195397
Signed
2024-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rachel Fish
Formed
2021
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
3
Employees
3
Volunteers
0

Preparer

Firm
Daniel Dennis & Company Llp
Address
990 WASHINGTON STREET STE 203, DEDHAM, MA 02026
Preparer
COLLEEN D'ALFONSO
Phone
6172629898
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Boundless employees consist of the two co-founders: rachel fish and aviva klompas, and an impact and engagement startegist: jakob bolman

Financial Statement Notes

PART X, LINE 2:

The organization has evaluated the tax positions taken on returns for open years and those expected to be taken on returns for the year ended june 30, 2024. It is management's belief that such tax positions are more likely than not to be sustained upon examination by tax authorities. Accordingly, no liability for uncertain tax positions has been reflected in these financial statements. Returns for tax years beginning with those filed for the year ended june 30, 2021 are open to examination.

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IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0275000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1275000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt034893
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt111237
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0RACHEL FISH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1AVIVA KLOMPAS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT AND CO-FOUNDER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CO-FOUNDER & INNOVATOR ADV
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0309893
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1286237
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0RACHEL FISH
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1AVIVA KLOMPAS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BUSINESS RELATIONSHIP
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1BUSINESS RELATIONSHIP
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0275000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1275000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0THE INDIVIDUAL IS BOTH AN EMPLOYEE OF THE ORGANIZATION AND A BOARD MEMBER.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1THE INDIVIDUAL IS BOTH AN EMPLOYEE OF THE ORGANIZATION AND A BOARD MEMBER.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BUSINESS RELATIONSHIP - TWO MEMBERS OF THE BOARD OF DIRECTORS ARE FULL TIME EMPLOYEES OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PDF COPY PROVIDED TO ALL BOARD MEMBERS AFTER COFOUNDER'S REVIEW AND APPROVE WITH THE PREPARER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CO-FOUNDER'S COMPENSATION IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD BASED ON COMPARABLES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPIES OF CORPORATE DOCUMENTS ARE MADE AVAILABLE TO THE GENERAL PUBLIC WITH WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOUNDLESS EMPLOYEES CONSIST OF THE TWO CO-FOUNDERS: RACHEL FISH AND AVIVA KLOMPAS, AND AN IMPACT AND ENGAGEMENT STARTEGIST: JAKOB BOLMAN
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01500372
IRS990/TotalAssetsEOYAmt02916835
IRS990/TotalAssetsGrp/BOYAmt01500372
IRS990/TotalAssetsGrp/EOYAmt02916835
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt03158300
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0137101
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0335782
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01353104
IRS990/TotalFunctionalExpensesGrp/TotalAmt01825987
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07202
IRS990/TotalLiabilitiesEOYAmt060056
IRS990/TotalLiabilitiesGrp/BOYAmt07202
IRS990/TotalLiabilitiesGrp/EOYAmt060056
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01493170
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02856779
IRS990/TotalOtherCompensationAmt046130
IRS990/TotalProgramServiceExpensesAmt01353104
IRS990/TotalProgramServiceRevenueAmt022100
IRS990/TotalReportableCompFromOrgAmt0550000
IRS990/TotalRevenueGrp/ExclusionAmt09196
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt022100
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03189596
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01500372
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02916835
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt028964
IRS990/TravelGrp/TotalAmt028964
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0464 COMMON ST NO 329
IRS990/USAddress/CityNm0BELMONT
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002478
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.BOUNDLESSISRAEL.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RACHEL FISH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT AND CO-FOUNDER
ReturnHeader/BusinessOfficerGrp/PhoneNum09173195397
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOUNDLESS ISRAEL INC
ReturnHeader/Filer/BusinessNameControlTxt0BOUN
ReturnHeader/Filer/EIN0863691816
ReturnHeader/Filer/PhoneNum09173195397
ReturnHeader/Filer/USAddress/AddressLine1Txt0464 COMMON ST NO 329
ReturnHeader/Filer/USAddress/CityNm0BELMONT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002478
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00

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