NO BOUNDARIES INC

EIN: 452319205 501(c)(3) Housing & Shelter

NEVADA, MO

Total Revenue
$74,520
Total Expenses
$37,988
Total Assets
$359,325
Net Assets
$18,704
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MO
Principal Officer
KIMBALL LONG
Phone
4176677007
Tax Period
2021-07-01 to 2022-06-30

NO BOUNDARIES INC, founded in 2012, is a micro nonprofit in the Housing & Shelter sector that reported $75K in total revenue in fiscal year 2021. Revenue surged 122% from the prior year, signaling strong growth momentum. The organization ran a surplus of $37K, a strong 49% operating margin.

Mission

THE CORPORATION HAS BEEN FORMED TO PROVIDE ASSISTANCE TO OUR COMMUNITIES BY IMPROVING ACCESSIBILITY FOR PEOPLE WITH DISABILITIES. THE CORPORATION WILL STRIVE TO ELIMINATE BARRIERS IN THE COMMUNITY SETTING TO FURTHER PROMOTE EQUAL ACCESS FOR ALL PEOPLE. THE CORPORATION INTENDS TO OWNER/FINANCE HOMES BUILT IN THE FUTURE TO PEOPLE WITH DISABILITIES (HANDICAPPED, ELDERLY AND LOW-INCOME) THAT HAVE A NEED FOR FULLY ACCESSIBLE UNIVERSALLY DESIGNED HOMES AND ARE NOT ABLE TO SEEK NORMAL FUNDING STREAMS TO PURCHASE A HOME ON THEIR OWN.

Program Service Accomplishments

Program 1
Expenses: $22,117 Revenue: $29,700

NO BOUNDARIES IS BUILDING RENTAL HOMES IN OUR LOCAL COMMUNITY. THE NEVADA HABILITATION CENTER (A STATE INSTITUTION THAT HOUSES PEOPLE WITH DEVELOPMENTAL DISABILITIES) WAS SHUTTING DOWN AND...

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NO BOUNDARIES IS BUILDING RENTAL HOMES IN OUR LOCAL COMMUNITY. THE NEVADA HABILITATION CENTER (A STATE INSTITUTION THAT HOUSES PEOPLE WITH DEVELOPMENTAL DISABILITIES) WAS SHUTTING DOWN AND TRANSITIONING ALL OF ITS CONSUMERS INTO THE COMMUNITY. BECAUSE OF THIS THERE WAS AN IMMEDIATE INCREASED NEED FOR ACCESSIBLE HOUSING. NO BOUNDARIES BUILT CUSTOMIZED FULLY ACCESSIBLE HOMES TO ASSIST IN MEETING THESE NEEDS. EACH OF THESE HOMES HAS 3 BEDROOMS, 2 BATHROOMS, 1 KITCHEN AND A SHARED LIVING SPACE. EACH HOME IS SET UP AS AN INDEPENDENT SUPPORTED LIVING, ISL, HOME AND 3 CONSUMERS SHARE THE RENT. NO BOUNDARIES FUNCTIONS AS A LANDLORD FOR THE CONSUMERS THAT SHARE THE HOMES. THE NEXT OPPORTUNITY AROSE, WHEN THE NEVADA REGIONAL TECHNICAL CENTER CONSTRUCTION "TECHNOLOGY CLASS" WANTED TO LEARN AND BUILD A FULLY ACCESSIBLE HOME. WE ENTERED INTO AN AGREEMENT WHERE THE SCHOOL WOULD BUILD THE ACCESSIBLE HOMES FOR NO BOUNDARIES. THIS AGREEMENT ALLOWS NO BOUNDARIES TO SAVE A CONSIDERABLE AMOUNT OF MONEY IN OVERHEAD COST IN CONSTRUCTION AND ALLOWS THE STUDENTS TO GAIN A GREAT DEAL OF EDUCATION ON THE IMPORTANCE OF UNIVERSAL DESIGN AND ACCESSIBLE HOMES, A WIN-WIN COMBINATION. WITH THE COST SAVINGS, NO BOUNDARIES PLANS TO BE ABLE TO SELL THE HOME TO A PERSON WITH A DISABILITY THAT WILL BE SELECTED THROUGH A PROCESS MUCH LIKE A "HABITAT FOR HUMANITY" MODEL HOME. CURRENTLY WE ARE IN THE BUILDING PHASE OF THIS HOME AND THE HOME SHOULD BE COMPLETED IN FALL OF 2014. HOUSE WAS COMPLETED IN FY 15 AND A NEW HOME HAS BEEN STARTED IN THE CURRENT FISCAL YEAR.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $29,700
Investment Income $44,820
Other Revenue $0
TOTAL REVENUE $74,520

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $37,988
Other Expenses $37,988
TOTAL EXPENSES $37,988

Year-over-Year Comparison

2021 2020 Change
Revenue $74,520 $33,550 +1.2%
Expenses $37,988 $37,365 +0.0%
Net Income $36,532 $-3,815 -10.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TINA BURNS TREASURER N/A
Officer
$0 $0 $0
KIMBALL LONG PRESIDENT 1.00
Officer
$0 $0 $0
WILLIAM WILLE VICE PRESIDE N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $74,520 $37,988 $359,325 $36,532
2018 $42,540 $40,159 $503,921 $2,381
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