Pushing Boundaries EIN 20-2043330

Pushing Boundaries FY2020 filing

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Offers intensive exercise therapy to strengthen people with paralysis, improving their health and quality of life. For fiscal year 2020 it reported $314K in revenue, $461K in expenses, and $33K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Redmond, WA
Website
www.pushing-boundaries.org
Filings
5 on file (2020–2020)
Revenue
$314KFY2020
Expenses
$461K
Net assets
$33K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-2043330 Public charity (501(c)(3)) Redmond, WA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Offers intensive exercise therapy to strengthen people with paralysis, improving their health and quality of life.
Leadership
Theresa Mayo · Executive Director · $65K
Money in and out
$314K revenue, $461K expenses
Bottom line
63% program efficiency
Where the money goes · FY2020
Total revenue
$314K
Pt VIII · Ln 12
Total expenses
$461K
Pt IX · Ln 25
Net assets
$33K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$148K
Where spending went · Part IX cols B–D
Program services $0.63 Management & general $0.19 Fundraising $0.18
Program efficiency
63%
of spending reaches programs
Operating runway
3.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-47%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$314K
FY2020
Expenses
$461K
FY2020
Total assets
$273K
FY2020
Total liabilities
$240K
FY2020
Total revenue
$314K
Pt VIII · Ln 12
Total expenses
$461K
Pt IX · Ln 25
Net assets
$33K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$148K
Total assetsPt X · Ln 16$273K
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $293K of program spending, described in the organization's own filed words · FY2020.
01

Pushing Boundaries is the Northwest regional provider of intensive exercise based recovery therapy and since 2005 continues to provide services to clients from Washington, Oregon,Idaho, Hawaii, California and Alaska. In an average, non-pandemic year, we provide an average of 5000 hours of hands on, intensive exercise therapy.

$293Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPushing Boundaries
EINHdr · item D20-2043330
Principal addressHdr · item CRedmond, WA
WebsiteHdr · item Jwww.pushing-boundaries.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMar 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$64,775Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Teri Mayo$93,509$87,441$86,581
Theresa Mayo$85,153
Theresa Mayo$64,775

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$205K · 65%
Contributions & grants$108K · 34%
Program service revenue65%$205K
Contributions & grants34%$108K
Investment income$142
Total revenueLn 12$314K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.19 Fundraising $0.18
Program services63%$293K
Management & general19%$86K
Fundraising18%$83K
Total functional expensesLn 25$461K

Balance Sheet

Part X · end of year
CashLn 1$145K
Total assetsLn 16$273K
Total liabilitiesLn 26$240K
Total net assetsLn 32$33K
Months of cash on handcomputed3.8

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $145K · Operating expenses (Pt IX) $461K · Less non-cash grants $9K · Cash operating expenses/yr $453K
3.8 months
Where the money goes
Program services
Program services $293K · Total expenses $461K
63%
Management & General
Management & general $86K · Total expenses $461K
19%
Fundraising
Fundraising $83K · Total expenses $461K
18%
Cost to raise $1
Fundraising expense $83K · Solicited contributions $108K
$0.76 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $108K · Total revenue $314K
34%
Government reliance
Government grants — · Total revenue $314K
Earned-income share
Program service revenue $205K · Total revenue $314K
65%
Investment reliance
Investment income $142 · Total revenue $314K
+0.05%
Program self-sufficiency
Program service revenue $205K · Total expenses $461K
45%
Growth & trend
Revenue growth (YoY)
This year $314K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $33K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $314K · Expenses $461K
-47%
Liabilities-to-Assets
Total liabilities — · Total assets $273K
Net-asset ratio
Net assets $33K · Total assets $273K
12%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $273K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Theresa Mayo · Reported title Executive Director · Highest reported compensation $65K · Total expenses $461K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $274K · Total expenses $461K
59%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 63%
Overhead ratio 19%
Fundraising cost ratio 76%
Legal fee ratio 0.8%
Accounting fee ratio 6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$58K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.4M revenue · ⤓ 990 PDF
FY2023$962K revenue · ⤓ 990 PDF
FY2022$831K revenue · ⤓ 990 PDF
FY2021$688K revenue · ⤓ 990 PDF
FY2020$314K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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