Nonprofit · EIN 56-0857708
NORTH CAROLINA OUTWARD BOUND SCHOOL
Tax-exempt · ASHEVILLE, NC 28805
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 (amended) | $7,504,454 | $8,240,241 | -$735,787 | $28,688,039 | $2,417,143 | $26,270,896 |
| December 31, 2024 | 990 | $7,504,454 | $8,240,241 | -$735,787 | $28,688,039 | $2,417,143 | $26,270,896 |
| March 31, 2024 | 990 | $8,438,427 | $8,238,759 | $199,668 | $29,276,824 | $2,527,568 | $26,749,256 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $2,280,634
- Program service revenue
- $3,880,561
- Investment income
- $1,094,383
- Net gain from sales of assets
- $478,428
- Other revenue
- $248,876
Expenses
- Grants and similar amounts paid
- $1,494,201
- Compensation of officers, directors and key employees
- $396,887
- Other salaries and wages
- $3,053,687
- Salaries, compensation and benefits (total)
- $4,004,360
- Professional fundraising fees
- $0
- Accounting fees
- $64,345
- Occupancy
- $157,276
- Travel
- $177,598
- Depreciation
- $316,457
- Program services (functional)
- $6,430,805
- Management and general (functional)
- $1,450,293
- Fundraising (functional)
- $359,143
Balance sheet and other
- Total assets, start of year
- $29,276,824
- Total assets, end of year
- $28,688,039
- Total liabilities, end of year
- $2,417,143
- Net assets, end of year
- $26,270,896
- Land, buildings and equipment
- $2,803,077
- Publicly traded securities
- $21,707,982
- Net assets without donor restrictions
- $1,573,825
- Net assets with donor restrictions
- $24,697,071
- Gross receipts
- $10,174,750
- Employees
- 162
- Volunteers
- 30
- Year formed
- 1966
- State of legal domicile
- NC
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 March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LAURA BEA ARMSTRONG | EXECUTIVE DI Officer | 40 | $185,582 | $4,568 |
| KAREN SARE | HR DIRECTOR Highest-paid employee | 40 | $108,787 | $5,395 |
| BILL MURRAY | COO Officer | 32 | $102,222 | $3,052 |
| JAN LETENDRE | CFO Officer | 20 | $104,865 | $0 |
| REV JANET HATFIELD LEGRO | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DAVID HARDY | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MITCHELL BREIT | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ROBERT M SCHWARTZBERG | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| AMOS BEASON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN BUFORD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SONJI JACOBS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DANIEL LEROY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SCOTT PURITZ | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MEGG RADER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| L KENT SATTERFIELD | DIRECTOR Trustee or director | 2 | $0 | $0 |
16 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN BUCKLEY | DIRECTOR Trustee or director | 2 | $0 |
| ANN BROCK PRATER | DIRECTOR Trustee or director | 2 | $0 |
| JAY ROBERTS | DIRECTOR Trustee or director | 2 | $0 |
| NATHANIEL VISH | DIRECTOR Trustee or director | 2 | $0 |
| BOBBY BUCKLEY | DIRECTOR Trustee or director | 2 | $0 |
| DAN CROCKER | DIRECTOR Trustee or director | 2 | $0 |
| PATRICIA WILSON | DIRECTOR Trustee or director | 2 | $0 |
| WILLIAM BARNHARDT | DIRECTOR Trustee or director | 2 | $0 |
| JAMES BELIKOVE | DIRECTOR Trustee or director | 2 | $0 |
| LEIGH SCHELL | DIRECTOR Trustee or director | 2 | $0 |
| ROSA VERDEJA | DIRECTOR Trustee or director | 2 | $0 |
| MITCHELL WICKHAM | DIRECTOR Trustee or director | 2 | $0 |
| PATRICIA WOODSON | DIRECTOR Trustee or director | 2 | $0 |
| AMY CLIMER | DIRECTOR Trustee or director | 2 | $0 |
| CHARLES BAKER | DIRECTOR Trustee or director | 2 | $0 |
| SCOTT LANDIS | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 31 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LAURA BEA ARMSTRONG | EXECUTIVE DI Officer | 40 | $185,582 | $4,568 |
| KAREN SARE | HR DIRECTOR Highest-paid employee | 40 | $108,787 | $5,395 |
| BILL MURRAY | COO Officer | 32 | $102,222 | $3,052 |
| JAN LETENDRE | CFO Officer | 20 | $104,865 | $0 |
| REV JANET HATFIELD LEGRO | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DAVID HARDY | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MITCHELL BREIT | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ROBERT M SCHWARTZBERG | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| AMOS BEASON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN BUFORD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SONJI JACOBS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DANIEL LEROY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SCOTT PURITZ | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MEGG RADER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| L KENT SATTERFIELD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SUSAN BUCKLEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANN BROCK PRATER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAY ROBERTS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NATHANIEL VISH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BOBBY BUCKLEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAN CROCKER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PATRICIA WILSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WILLIAM BARNHARDT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAMES BELIKOVE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LEIGH SCHELL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROSA VERDEJA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MITCHELL WICKHAM | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PATRICIA WOODSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| AMY CLIMER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHARLES BAKER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SCOTT LANDIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended March 31, 2024: 30 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LAURA BEA ARMSTRONG | EXECUTIVE DIRECTOR Officer | 40 | $165,576 | $1,721 |
| JAN LETENDRE | CFO Officer | 20 | $108,767 | $0 |
| BILL MURRAY | COO Officer | 32 | $101,853 | $897 |
| REV JANET HATFIELD LEGRO | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DAVID HARDY | BOARD VICE-CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MITCHELL BREIT | BOARD SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ROBERT M SCHWARTZBERG | BOARD TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CHARLES BAKER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WILLIAM BARNHARDT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| AMOS BEASON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAMES BELIKOVE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANN BROCK PRATER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BOBBY BUCKLEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SUSAN BUCKLEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN BUFORD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| AMY CLIMER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAN CROCKER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SONJI JACOBS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SCOTT LANDIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DANIEL LEROY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SCOTT PURITZ | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MEGG RADER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAY ROBERTS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| L KENT SATTERFIELD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LEIGH SCHELL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROSA VERDEJA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NATHANIEL VISH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MITCHELL WICKHAM | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PATRICIA WILSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PATRICIA WOODSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2582 RICEVILLE RD, ASHEVILLE, NC 28805-9793
- Principal officer (990 for 2024)
- LAURA BEA ARMSTRONG, 2582 RICEVILLE RD, ASHEVILLE, NC 28805
- Signed the 990
- LAURA BEA ARMSTRONG, EXECUTIVE DIRECTOR
- Phone
- (828) 299-3366
- Website
- WWW.NCOBS.ORG
- Return prepared by
- CARTER P C
Mission
TO CHANGE LIVES THROUGH CHALLENGE AND DISCOVERY.
Program accomplishments
- DURING THE FISCAL YEAR, NCOBS ENGAGED 2,256 STUDENTS IN TRANSFORMATIVE LEARNING EXPERIENCES SPANNING 11,872 STUDENT PARTICIPANT DAYS. PARTICIPANTS RANGED FROM YOUTH TO TEENS TO ADULTS, EDUCATORS, VETERANS, AND PROFESSIONALS. FROM THE MOUNTAINS OF NORTH CAROLINA AND THE FLORIDA EVERGLADES TO THE ASTONISHING LANDSCAPES OF PATAGONIA, ARGENTINA, STUDENTS BUILT CONFIDENCE, RESILIENCE, AND CONNECTIONS THAT WILL ENDURE WELL BEYOND THE END OF COURSE.Expenses $6,430,805 · grants $1,494,201 · revenue $3,880,561
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 56-0857708
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1966
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C600)
- Assets (IRS master file)
- $28,688,039
- Income (IRS master file)
- $10,174,750
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $7,504,454 | $8,240,241 | $28,688,039 | XML |
| 990 | December 2024 | $7,504,454 | $8,240,241 | $28,688,039 | XML |
| 990 | March 2024 | $8,438,427 | $8,238,759 | $29,276,824 | XML |
| 990 | March 2023 | $5,805,307 | $7,017,581 | $27,327,733 | IRS |
| 990 | March 2022 | $8,824,225 | $6,244,487 | $30,850,226 | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
| 990 | March 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 56-0857708).
Questions about NORTH CAROLINA OUTWARD BOUND SCHOOL
- What is the EIN of NORTH CAROLINA OUTWARD BOUND SCHOOL?
- The employer identification number (EIN) of NORTH CAROLINA OUTWARD BOUND SCHOOL is 56-0857708.
- Is NORTH CAROLINA OUTWARD BOUND SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
- Are donations to NORTH CAROLINA OUTWARD BOUND SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NORTH CAROLINA OUTWARD BOUND SCHOOL 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 NORTH CAROLINA OUTWARD BOUND SCHOOL due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NORTH CAROLINA OUTWARD BOUND SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of NORTH CAROLINA OUTWARD BOUND SCHOOL?
- The 990 for the year ended March 31, 2025 names LAURA BEA ARMSTRONG.
- Who are the officers and directors of NORTH CAROLINA OUTWARD BOUND SCHOOL?
- The 990 for the year ended March 31, 2025 lists 31 people; 4 received compensation from the organization, the highest $185,582 (LAURA BEA ARMSTRONG, EXECUTIVE DI).
- How much revenue does NORTH CAROLINA OUTWARD BOUND SCHOOL have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $7,504,454, expenses of $8,240,241 and total assets of $28,688,039 at year end.
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