Nonprofit · EIN 04-2375956
OUTWARD BOUND INC
Tax-exempt · BOULDER, CO 80301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $9,836,006 | $6,814,036 | $3,021,970 | $15,750,662 | $763,063 | $14,987,599 |
| December 31, 2023 | 990 | $3,544,575 | $4,463,188 | -$918,613 | $12,799,367 | $1,080,889 | $11,718,478 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $8,666,337
- Program service revenue
- $642,991
- Investment income
- $544,788
- Net rental income
- -$28,257
- Net gain from sales of assets
- $237,222
- Net income from fundraising events
- -$15,915
- Net income from sales of inventory
- $5,670
- Other revenue
- -$18,110
Expenses
- Grants and similar amounts paid
- $2,361,110
- Compensation of officers, directors and key employees
- $731,634
- Other salaries and wages
- $1,615,848
- Salaries, compensation and benefits (total)
- $2,763,854
- Professional fundraising fees
- $0
- Legal fees
- $2,228
- Accounting fees
- $35,500
- Occupancy
- $9,428
- Travel
- $250,201
- Depreciation
- $32,358
- Program services (functional)
- $3,887,637
- Management and general (functional)
- $1,477,074
- Fundraising (functional)
- $1,449,325
Balance sheet and other
- Total assets, start of year
- $12,799,367
- Total assets, end of year
- $15,750,662
- Total liabilities, end of year
- $763,063
- Net assets, end of year
- $14,987,599
- Land, buildings and equipment
- $2,799,144
- Publicly traded securities
- $5,977,712
- Net assets without donor restrictions
- $2,798,397
- Net assets with donor restrictions
- $12,189,202
- Gross receipts
- $15,001,073
- Employees
- 24
- Volunteers
- 17
- Year formed
- 1964
- State of legal domicile
- CO
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GINGER NAYLOR | CHIEF EXECUTIVE OFFICER Officer | 40 | $250,000 | $11,610 |
| MICHAEL PIGG | CHIEF OPERATIONS OFFICER Officer | 40 | $149,270 | $37,366 |
| CATHERINE NEWSOM | CHIEF ADVANCEMENT OFFICER Highest-paid employee | 40 | $154,948 | $15,608 |
| FRANCIS ZEMP | SAFETY AND RISK DIRECTOR Highest-paid employee | 40 | $123,996 | $37,094 |
| BENJAMIN WORDEN | MARKETING DIRECTOR Highest-paid employee | 40 | $128,615 | $31,308 |
| JULIA FARMER | CHIEF ADVANCEMENT OFFICER Highest-paid employee | 40 | $112,238 | $36,128 |
| VICTORIA KERR | HR DIRECTOR Highest-paid employee | 40 | $122,437 | $25,364 |
| GRETA BLESSING | CHIEF OF STAFF, SECRETARY Officer | 40 | $99,838 | $5,604 |
| MYCAH BERRYMAN | CHIEF FINANCIAL OFFICER Officer | 40 | $92,058 | $10,105 |
| SANDRA HUNTER | CHIEF FINANCIAL OFFICER Officer | 40 | $75,302 | $480 |
| CATHERINE SMITH | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| WILLIAM CASAZZA | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KARA ALLEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTINE COOK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROHAN FREEMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JANELLE GALE | DIRECTOR Trustee or director | 1 | $0 |
| LAURIE GREENO | DIRECTOR Trustee or director | 1 | $0 |
| CINDY HOLKER | DIRECTOR Trustee or director | 1 | $0 |
| JACOB LEWIS | DIRECTOR Trustee or director | 1 | $0 |
| HENRY MORSE JR | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL NUTTER | DIRECTOR Trustee or director | 1 | $0 |
| JOHN PASMORE | DIRECTOR Trustee or director | 1 | $0 |
| DARREN RICHMAN | DIRECTOR Trustee or director | 1 | $0 |
| BRAD THAYER | DIRECTOR Trustee or director | 1 | $0 |
| JESSICA TURNER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GINGER NAYLOR | CHIEF EXECUTIVE OFFICER Officer | 40 | $239,583 | $7,500 |
| CATHERINE NEWSOM | CHIEF ADVANCEMENT OFFICER Highest-paid employee | 40 | $172,723 | $8,583 |
| SANDRA HUNTER | CHIEF FINANCIAL OFFICER Officer | 40 | $152,858 | $7,500 |
| MICHAEL PIGG | CHIEF OPERATIONS OFFICER Highest-paid employee | 40 | $123,421 | $11,391 |
| LACH ZEMP | SAFETY AND RISK DIRECTOR Highest-paid employee | 40 | $117,833 | $10,819 |
| GRETA BLESSING | SECRETARY Officer | 40 | $69,660 | $2,950 |
| PENNY JEFFERS | ASST. SECRETARY Officer | 40 | $2,558 | $0 |
| JOSH BRANKMAN | EXECUTIVE DIRECTOR Officer | 40 | $622 | $0 |
| CATHERINE SMITH | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| WILLIAM CASAZZA | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CHRISTINE COOK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROHAN FREEMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JANELLE GALE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LAURIE GREENO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LAURA KOHLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HENRY MORSE JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL NUTTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN PASMORE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARREN RICHMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LEE SKOLD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRAD THAYER | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4845 PEARL EAST CIR STE 118, BOULDER, CO 80301-6112
- Principal officer (990 for 2024)
- MYCAH BERRYMAN, 4845 PEARL EAST CIR STE 118, BOULDER, CO 803016112
- Signed the 990
- MYCAH BERRYMAN, CFO
- Phone
- (443) 440-5464
- Website
- WWW.OUTWARDBOUND.ORG
- Return prepared by
- PGM LLC
Mission
OUR MISSION IS TO CHANGE LIVES THROUGH CHALLENGE AND DISCOVERY. WE TEACH TO AND WORK BY THE FOLLOWING VALUES: COMPASSION, INTEGRITY, EXCELLENCE, INCLUSION AND DIVERSITY. OUR PROGRAMS ARE BASED ON THE PRINCIPLES OF LEARNING THROUGH EXPERIENCE, CHALLENGE AND ADVENTURE.
Program accomplishments
- OUTWARD BOUND, INC. (OBI) WAS INCORPORATED AS A NOT-FOR-PROFIT EDUCATIONAL CORPORATION AND OWNS THE OUTWARD BOUND BRAND AND TRADEMARKS. OBI WAS CREATED TO ADVANCE AND PROTECT THE MISSION, EDUCATIONAL PHILOSOPHY, LEARNING METHODS AND IDEALS OF OUTWARD BOUND IN THE UNITED STATES. OBI CHARTERS SCHOOLS AND ESTABLISHES STANDARDS AND PROCEDURES FOR SAFETY AND OTHER SHARED PROGRAMS AND SERVICES. OBI ALSO SERVES AS A FUNDRAISING AND COORDINATING ORGANIZATION FOR THE OUTWARD BOUND SCHOOLS WHICH IT CHARTERS. OBI CURRENTLY CHARTERS ELEVEN SCHOOLS THROUGHOUT THE UNITED STATES. STUDENT PROGRAMS ARE DELIVERED BY SCHOOLS CHARTED BY OBI. THE CHARTERS FOLLOW THE MISSION OF OBI TO GUIDE THEIR DELIVERY OF PROGRAMS, MARKETING, USE OF THE BRAND, AND ALL OUTWARD BOUND SERVICES.Expenses $3,887,637 · grants $2,361,110 · revenue $669,053
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2375956
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1964
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C600)
- Assets (IRS master file)
- $15,750,662
- Income (IRS master file)
- $15,001,073
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $9,836,006 | $6,814,036 | $15,750,662 | XML |
| 990 | December 2023 | $3,544,575 | $4,463,188 | $12,799,367 | XML |
| 990 | December 2022 | $7,732,682 | $5,149,296 | $13,250,121 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2375956).
Questions about OUTWARD BOUND INC
- What is the EIN of OUTWARD BOUND INC?
- The employer identification number (EIN) of OUTWARD BOUND INC is 04-2375956.
- Is OUTWARD BOUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
- Are donations to OUTWARD BOUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OUTWARD BOUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of OUTWARD BOUND INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OUTWARD BOUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of OUTWARD BOUND INC?
- The 990 for the year ended December 31, 2024 names MYCAH BERRYMAN.
- Who are the officers and directors of OUTWARD BOUND INC?
- The 990 for the year ended December 31, 2024 lists 25 people; 10 received compensation from the organization, the highest $250,000 (GINGER NAYLOR, CHIEF EXECUTIVE OFFICER).
- How much revenue does OUTWARD BOUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $9,836,006, expenses of $6,814,036 and total assets of $15,750,662 at year end.
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