UNBOUNDED LEARNING INC

EIN: 475223320 501(c)(3) Education

NEW YORK, NY

Total Revenue
$30,532,931
Total Expenses
$29,038,902
Total Assets
$26,503,333
Net Assets
$21,178,572
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NY
Principal Officer
LACEY ROBINSON
Phone
6464152118
Tax Period
2023-07-01 to 2024-06-30

UNBOUNDED LEARNING INC, founded in 2015, is a mid-sized nonprofit in the Education sector that reported $30.5M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $29.0M left a modest 5% surplus.

Mission

UNBOUNDED EMPOWERS EDUCATORS TO MEET THE NEEDS OF EVERY SINGLE STUDENT THROUGH GRADE-LEVEL, ENGAGING, AFFIRMING, AND MEANINGFUL GLEAM "REGISTERED TRADEMARK" INSTRUCTION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $16,749,883
Program Service Revenue $12,345,506
Investment Income $1,437,542
Other Revenue $0
TOTAL REVENUE $30,532,931

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,608,013
Fundraising Expenses $1,006,274
Program Expenses $23,904,448
Other Expenses $14,430,889
TOTAL EXPENSES $29,038,902

Year-over-Year Comparison

2023 2022 Change
Revenue $30,532,931 $26,645,229 +0.1%
Expenses $29,038,902 $27,670,480 +0.0%
Net Income $1,494,029 $-1,025,251 -2.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
95
Volunteers
8

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
4
$490,851
Total Directors
8
$0
Key Employees
3
$877,828
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHAUN NELMS BOARD MEMBER (RESIGNED APRIL 2024) 1.00
Director
$0 $0 $0
DOUG BORCHARD BOARD MEMBER 1.00
Director
$0 $0 $0
SONJIHIA LOWERY BOARD CHAIR AS OF APRIL 2024 1.00
Officer Director
$0 $0 $0
SARAH BRAYTON BOARD CHAIR (RESIGNED APRIL 24 1.00
Officer Director
$0 $0 $0
TODD COLLINS TREASURER (RESIGNED NOV 2024) 1.00
Officer Director
$0 $0 $0
DR GISLAINE NGOUNOU BOARD MEMBER 1.00
Director
$0 $0 $0
BETH MEJIA BOARD MEMBER 1.00
Director
$0 $0 $0
KELLY STUART BOARD MEMBER AS OF JUNE 2024 1.00
Director
$0 $0 $0
LACEY ROBINSON PRESIDENT AND CEO 40.00
Officer
$455,177 $35,674 $490,851
LAURA SMITH CHIEF OPERATING OFFICER 40.00
Key Emp
$326,474 $37,745 $364,219
KRISTEN EHLMAN CHIEF PROGRAM OFFICER 40.00
Key Emp
$272,770 $40,579 $313,349
NADYA DABBY CHIEF IMPACT OFFICER 40.00
Key Emp
$172,129 $28,131 $200,260
MONICA VASQUEZ CHIEF TALENT & ORGANIZATIO 40.00
Highest
$310,617 $36,984 $347,601
MICHAELLE MCCASTLE SR. VP OF PARTNERSHIPS 40.00
Highest
$245,505 $34,123 $279,628
ANDREA HANCOCK SR. VP OF PROGRAM DESIGN 1.00
Highest
$211,406 $40,150 $251,556
LAKISHA COVERT SR. VP OF PROGRAM IMPLEMENTATION 1.00
Highest
$205,438 $27,499 $232,937
ARUN RAMANATHAN FORMER SPECIAL ADVISOR TO CEO 0.00
$451,273 $13,443 $464,716
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
2025 No data No data No data No data
2024 $30,532,931 $29,038,902 $26,503,333 $1,494,029
2023 $26,645,229 $27,670,480 $24,988,134 $-1,025,251
2022 $34,479,615 $19,618,322 $24,556,772 $14,861,293
2021 $11,682,333 $9,739,264 $10,202,052 $1,943,069
2020 $14,270,918 $12,164,124 $6,994,583 $2,106,794
2019 $11,864,206 $11,875,774 $7,500,380 $-11,568
2018 $12,053,289 $11,477,906 $5,586,478 $575,383
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