2024-11-15T08:33:40-06:00 2023-12-31 521231901 GORFINE SCHILLER & GARDYN PA 10045 RED RUN BLVD SUITE 250 OWINGS MILLS MD 21117 990 2023-01-01 342007841 CHESAPEAKE BAY OUTWARD BOUND SCHOOL INC CHES 4104481721 1900 EAGLE DRIVE BALTIMORE MD 21207 WILL FERRETTI DIRECTOR OF FINANCE 4104481721 2024-11-14 1 0 SCOTT D RODGVILLE CPA P00365285 4103565900 2023 2024-10-15 13:58:12Z WILL FERRETTI 1900 EAGLE DRIVE BALTIMORE MD 21207 6679730 0 X WWW.OUTWARDBOUNDCHESAPEAKE.ORG X 2004 MD TO INSPIRE CHARACTER DEVELOPMENT AND SELF-DISCOVERY IN PEOPLE OF ALL AGES AND WALKS OF LIFE THROUGH CHALLENGE AND ADVENTURE. 25 25 91 45 0 0 2300311 883973 1476288 1497232 425027 163839 -17036 -27991 4184590 2517053 0 0 0 0 2964924 3109393 0 0 591746 1348456 1284019 4313380 4393412 -128790 -1876359 13431289 12909127 277233 445298 13154056 12463829 X TO INSPIRE CHARACTER DEVELOPMENT AND SELF-DISCOVERY IN PEOPLE OF ALL AGES AND WALKS OF LIFE THROUGH CHALLENGE AND ADVENTURE AND TO IMPEL THEM TO ACHIEVE MORE THAN THEY EVER THOUGHT POSSIBLE, TO SHOW COMPASSION FOR OTHERS AND TO ACTIVELY ENGAGE IN CREATING A BETTER WORLD. 0 0 3301189 1524368 CHESAPEAKE BAY OUTWARD BOUND SCHOOL, INC PROVIDES ITS STUDENTS, EDUCATORS, SCHOOL ADMINISTRATORS AND COMMUNITY LEADERS WITH CHALLENGING EXPERIENCES THAT ARE SAFELY STRUCTURED TO ENHANCE LEADERSHIP, SELF-ESTEEM, SELF-RELIANCE, CONCERN FOR OTHERS, SERVICE TO THE COMMUNITY AND CARE FOR THE ENVIRONMENT. PROGRAM ACTIVITIES INCLUDE, BUT NOT LIMITED TO, BACKPACKING EXCURSIONS, ROCK CLIMBING TRIPS AND CANOEING. OUTWARD BOUND COURSES CREATE YOUNG LEADERS THROUGH EDUCATIONAL PROGRAMS IN THE WILDERNESS.OUTWARD BOUND AWARDS UP TO $3.7 MILLION IN SCHOLARSHIPS TO 6,000 STUDENTS EACH YEAR. 3301189 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 14 0 1 91 1 0 0 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 MD X WILLIAM FERRETTI 4104481721 1900 EAGLE DRIVE BALTIMORE MD 21207 ANDREW M ANDY BROOKS CHAIR 1.00 X X 0 0 0 CLINTON R DALY TRUSTEE 1.00 X 0 0 0 ARTHUR AC GEORGE TRUSTEE 1.00 X 0 0 0 DANA LEDYARD TRUSTEE 1.00 X 0 0 0 JEFFREY JEFF JOY TREASURER 1.00 X X 0 0 0 BRETT ROGERS TRUSTEE 1.00 X 0 0 0 MATT NOVAK TRUSTEE 1.00 X 0 0 0 JAMES W JIM SMITH TRUSTEE 1.00 X 0 0 0 RICHARD W DICK FRISCH TRUSTEE 1.00 X 0 0 0 JOSEPH R JOE HARDIMAN TRUSTEE 1.00 X 0 0 0 SHONIQUE ALEXANDER TRUSTEE 1.00 X 0 0 0 JAMES R JIM GARRETT TRUSTEE 1.00 X 0 0 0 E HERVEY EVANS TRUSTEE 1.00 X 0 0 0 JOHN AVIRETT TRUSTEE 1.00 X 0 0 0 ALBERT AJ CAPUTO TRUSTEE 1.00 X 0 0 0 GANESHA MARTIN TRUSTEE 1.00 X 0 0 0 FREDERIC FRITZ SCHROEDER III TRUSTEE 1.00 X 0 0 0 DAVID CITRON TRUSTEE 1.00 X 0 0 0 TRENT ZIVKOVICH TRUSTEE 1.00 X 0 0 0 NANCY WHITEMAN-GREENE TRUSTEE 1.00 X 0 0 0 MICHAEL MIKE MORRILL TRUSTEE 1.00 X 0 0 0 CHRISTOPHER CHRIS RHODES TRUSTEE 1.00 X 0 0 0 JAMES JIM SEBA TRUSTEE 1.00 X 0 0 0 JOHNNIE FOREMAN TRUSTEE 1.00 X 0 0 0 NATALIE SHERMAN SECRETARY 1.00 X X 0 0 0 KRISTEN KOMLOSY EXECUTIVE DIRECTOR 40.00 X 151250 0 5288 NATALIE HANEY CHIEF OPERATING OFFICER 40.00 X 116721 0 8114 PHYLLIS KIM CHIEF ADVANCEMENT OFFICER 40.00 X 132438 0 15706 400409 0 29108 3 0 1 0 0 255702 133814 494457 56572 883973 UNRESTRICTED PROGRAM TUITION 611710 1491866 1491866 SCHOOL STORE REVENUE 611710 5366 5366 1497232 160938 160938 4110201 4107300 2901 2901 2901 250 255702 55377 -55127 -55127 MISCELLANEOUS REVENUE 900099 27136 27136 27136 2517053 1524368 0 108712 156538 123426 11085 22027 2355966 1860969 169473 325524 343854 257130 13319 73405 253035 195316 24702 33017 2269 667 1191 411 22870 6724 12000 4146 117019 34402 61401 21216 43479 25228 3842 14409 138123 35734 82468 19921 98958 64399 15248 19311 37303 22605 13327 1371 141291 110162 13735 17394 146138 116588 29550 PROGRAM AND EQUIPMENT C 257645 257645 MISCELLANEOUS 84141 35485 25805 22851 CHARTER FEES 65946 50224 6937 8785 FOOD 61099 61099 67738 43386 16394 7958 4393412 3301189 500477 591746 890331 584881 402776 1564 233517 567705 1104376 55639 28437 33105 4082837 1481226 2703237 2601611 8068615 9064622 13431289 12909127 248733 226920 28500 38690 179688 277233 445298 X 3772286 2581396 9381770 9882433 13154056 12463829 13431289 12909127 -1876359 1220696 -34564 0 X X 0 1 X 1 0 X 2133357 2025847 2493746 2300311 883973 9837234 2133357 2025847 2493746 2300311 883973 9837234 37655 9799579 157377 103158 97877 112195 160938 631545 15107 18168 19993 68089 27136 148493 10617272 5906339 0.92300 0.95550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7780392 -341384 1326794 8765802 9815971 -318250 -1717329 7780392 9150190 -353905 1019686 9815971 8038843 -187547 1298894 9150190 1319200 5822559 897084 8038843 0.02950 0.15690 0.81360 0 0 3828944 1286154 2542790 163884 123757 40127 90009 71315 18694 2601611 BROWN ADVISORY 5626774 C DF DENT FOUNDERS FUND 3040658 C PANCO STRATEGIC 397190 C 9064622 X 3804562 1220696 11436 55377 1287509 2517053 0 2517053 4494789 46000 55377 101377 4393412 0 4393412 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ASC TOPIC, ACCOUNTING FOR INCOME TAXES REQUIRES THE ORGANIZATION TO RECOGNIZE OR DISCLOSE ANY TAX POSITIONS THAT WOULD RESULT IN UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION HAS NO POSITIONS THAT WOULD REQUIRE DISCLOSURE OR RECOGNITION UNDER THE TOPIC. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES SCHEDULE D, PART V, LINE 4 INVESTMENTS CONSIST OF DONOR-RESTRICTED ENDOWMENT FUNDS AND BOARD DESIGNATED ENDOWMENT FUNDS. THE ORGANIZATION HAS INTERPRETED THE MARYLAND UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT ("UPMIFA") AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, THE ORGANIZATION CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUND THAT IS NOT CLASSIFIED IN PERMANENTLY RESTRICTED NET ASSETS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURES BY THE ORGANIZATION IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE AS PRESCRIBED BY UPMIFA. IN ACCORDANCE WITH UPMIFA, THE ORGANIZATION CONSIDERS THE DURATION AND PRESERVATION OF THE FUND; THE PURPOSES OF THE ORGANIZATION AND DONOR-RESTRICTED ENDOWMENT FUND; GENERAL ECONOMIC CONDITIONS; THE POSSIBLE EFFECT OF INFLATION AND DEFLATION; THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS; OTHER RESOURCES OF THE ORGANIZATION; AND THE INVESTMENT POLICIES OF THE ORGANIZATION. CORNERSTONE BANQUET 255952 255702 250 37973 17404 255952 255702 250 37973 17404 55377 -55127 X X X 0 0 0 0 0 0 0 0 0 KRISTEN KOMLOSY EXECUTIVE DIRECTOR 151250 0 0 0 0 0 0 0 5288 0 156538 0 0 0 X 137 56572 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR. AFTER HER REVIEW IS COMPLETE, THE FORM 990 IS FORWARDED TO THE FINANCE COMMITTEE FOR FINAL REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AT COMMITTEE MEETINGS BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS THE RECOMMENDED COMPENSATION BASED ON ANALYZING CURRENT MARKET TRENDS AND REVIEW OF SIMILAR ORGANIZATIONS' FORM 990. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. PART XII, LINE 2C THE BOARD IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT. THE BOARD REVIEWS THE COMPLETED FINANCIAL STATEMENTS AND THE FORM 990. OUTWARD BOUND SERVICES GROUP II 2582 RICEVILLE RD ASHEVILLE NC 28805 471987454 SERVICES NC N/A -1956 33472 0 0 0.02860 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0