Unbounded empowers educators to meet the needs of every single student through grade-level, engaging, affirming, and meaningful gleam "registered trademark" instruction.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
$2.1M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $2.7M a year · 12% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.1M
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
6 mo
of spending, in cash
Looks good: 5.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $9.3M
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$3.1M
44% of total assets
Looks good: liabilities are 44% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 9 voting members
Looks good: 7 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$14.3M
Spent
$12.2M
To programs
83%
Net assets
$3.9M
By yearFY2020–FY2025
Revenue
$14.3M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$14.3M
FY2021$11.7M
FY2022$34.5M
FY2023$26.6M
FY2024$30.5M
FY2025$23.2M
Expenses
$12.2M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$12.2M
FY2021$9.7M
FY2022$19.6M
FY2023$27.7M
FY2024$29.0M
FY2025$26.2M
Net assets
$3.9M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$3.9M
FY2021$5.8M
FY2022$20.7M
FY2023$19.7M
FY2024$21.2M
FY2025$18.1M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $10.1M Management & general 13% · $1.6M Fundraising 4% · $505K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

18 people listed on the 990; $2.1M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President and CEO - Thru July 2019
$323,993Pt VII · Sec A
President and CEO - as of Oct 2019
$296,024Pt VII · Sec A
Secretary/Treasurer/COO
$284,124Pt VII · Sec A
Chief Academic Officer
$222,681Pt VII · Sec A
Chief Product Officer
$215,826Pt VII · Sec A
Deputy Chief, Program Design and Development
$181,992Pt VII · Sec A
Executive Director, Research, Design, and Strategy
$179,072Pt VII · Sec A
Executive Director, Program and Engagement
$175,648Pt VII · Sec A

Lacey Robinson’s $529K as President and CEO is at the 91st percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Lacey Robinson$528,585$455,177$404,767$364,831$331,500$296,024
Arun Ramanathan—$451,273————
Laura Smith$343,292$326,474$320,078$267,674$277,917$284,124
Nadya Dabby$336,390$172,129————
Kate Gerson—————$323,993
Monica Vasquez$322,952$310,617$292,234$189,313——
Kristen Ehlman$287,284$272,770$269,356$223,344$188,583$175,648
Nolan Highbaugh$268,198—————

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers educators with engaging, affirming instruction to meet every student's needs.

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Provided by the organization

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3 programs · $9.9M · in their own filed words · FY2019
01

Unbounded hosted 2 standards institute events in july 2019, february 2020; reaching over 2,800 educators and partners from districts and CMOS.PARTICIPANTS in almost every course and DISTRICT/ORGANIZATION, as well as across all roles, showed gains in knowledge after attending the institute.

$7.9Mprogram expense
02

Our two cohort programs, the system leader academy and the equity influencer residency, work in tandem to build a system's capacity by training cohorts of leaders who become change agents for supporting effective, equity-focused instructional practices.

$1.1Mprogram expense
03

Virtual Summit

Unbounded's interactive two-day virtual summit for teachers, coaches, and leaders emphasizes instructional planning in the complex era COVID-19 and amidst a historical anti-racist movement.

$849Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 4 funders$9.3M
See all 4 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$14.3M
Ln 12
Fees for servicesLn 2g$9.0M
Gifts and grantsLn 1h$5.3M
Investment incomeLn 3$100
Money outPt IX
$12.2M
Ln 25
Programscol B$10.1M
Managementcol C$1.6M
Fundraisingcol D$505K
Owns and owesPt X
$3.9M
net assets · Ln 32
Cash and savingsLn 1–2$5.9M
Total assetsLn 16$7.0M
LiabilitiesLn 26$3.1M
PeoplePt VI, VII
18
listed · VII A
PaidVII A9
Voting boardVI 1a9
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.3M
Fees for servicesLn 2g$9.0M
Investment incomeLn 3$100
Total revenueLn 12$14.3M
Assets in detailPt X, end of year
CashLn 1$5.8M
SavingsLn 2$99K
Cash and savings togetherLn 1–2$5.9M
Total assetsLn 16$7.0M
LiabilitiesLn 26$3.1M
Net assetsLn 32$3.9M
OperationsPt I, VI
EmployeesI 595
VolunteersI 68
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$6.2M$5.9M
Total assetsLn 16$7.5M$7.0M
LiabilitiesLn 26$5.7M$3.1M
Net assetsLn 32$1.8M$3.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.8M$891K$799K$112K
Other salaries and wagesLn 7$2.7M$2.4M$88K$139K
Pension plan contributionsLn 8$83K$68K$10K$5K
Other employee benefitsLn 9$305K$233K$55K$17K
Payroll taxesLn 10$295K$220K$58K$17K
Legal feesLn 11b$83K$54K$21K$8K
Accounting feesLn 11c$240K$143K$42K$55K
Other fees for servicesLn 11g$283K$152K$131K
Advertising and promotionLn 12$486K$118K$368K
Office expensesLn 13$195K$133K$54K$9K
Information technologyLn 14$252K$252K
OccupancyLn 16$19K$14K$4K$1K
TravelLn 17$362K$350K$2K$11K
InsuranceLn 23$17K$17K
Other expenses (24a–d)Ln 24$5.1M$5.0M$56K
Total functional expensesLn 25$12.2M$10.1M$1.6M$505K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $23.2M$26.2M−$3.1M$18.1M 990 PDF
FY2024 $30.5M$29.0M$1.5M$21.2M 990 PDF
FY2023 $26.6M$27.7M−$1.0M$19.7M 990 PDF
FY2022 $34.5M$19.6M$14.9M$20.7M 990 PDF
FY2021 $11.7M$9.7M$1.9M$5.8M 990 PDF
FY2020 Viewing $14.3M$12.2M$2.1M$3.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $14,270,918 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,066,083$5,294,116
I-9 Program service revenuePrior year $4,797,973$8,976,702
I-10 Investment incomePrior year $150$100
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $11,864,206$14,270,918
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $6,187,468$5,140,089
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $5,688,306$7,024,035
I-18 Total expensesPrior year $11,875,774$12,164,124
I-19 Revenue less expensesPrior year −$11,568$2,106,794
Part VI · Governance 7 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $14,270,918 across 5 lines filed
VIII-1f All other contributions, gifts and grants$5,294,116
VIII-1h Total contributions, gifts and grants$5,294,116
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $8,976,702$8,976,702
VIII-3 Investment incomeExcluded from tax $100$100
VIII-12 Total revenueRelated to mission $8,976,702 · Unrelated business $0 · Excluded from tax $100$14,270,918
Part IX · Statement of functional expenses $12,164,124 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $891,365 · Management $799,447 · Fundraising $112,364$1,803,176
IX-7 Other salaries and wagesPrograms $2,426,860 · Management $88,192 · Fundraising $139,322$2,654,374
IX-8 Pension plan contributionsPrograms $68,104 · Management $10,441 · Fundraising $4,822$83,367
IX-9 Other employee benefitsPrograms $232,549 · Management $54,876 · Fundraising $17,134$304,559
IX-10 Payroll taxesPrograms $220,034 · Management $57,941 · Fundraising $16,638$294,613
IX-11b Legal feesPrograms $54,193 · Management $20,843 · Fundraising $8,337$83,373
IX-11c Accounting feesPrograms $142,753 · Management $41,962 · Fundraising $54,905$239,620
IX-11g Other fees for servicesPrograms $152,410 · Fundraising $130,850$283,260
IX-12 Advertising and promotionPrograms $118,017 · Management $368,456$486,473
IX-13 Office expensesPrograms $132,725 · Management $54,032 · Fundraising $8,574$195,331
IX-14 Information technologyPrograms $251,512$251,512
IX-16 OccupancyPrograms $14,152 · Management $3,714 · Fundraising $1,069$18,935
IX-17 TravelPrograms $350,048 · Management $1,826 · Fundraising $10,508$362,382
IX-23 InsuranceManagement $17,280$17,280
IX-24 Other expenses (24a–d)Programs $5,030,322 · Management $55,547$5,085,869
IX-25 Total functional expensesPrograms $10,085,044 · Management $1,574,557 · Fundraising $504,523$12,164,124
Part X · Balance sheet $6,994,583 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $6,052,495$5,785,224
X-2 Savings and temporary cash investmentsStart of year $99,212$99,282
X-4 Accounts receivableStart of year $1,041,402$1,063,467
X-9 Prepaid expenses and deferred chargesStart of year $307,271$46,610
X-16 Total assetsStart of year $7,500,380$6,994,583
X-17 Accounts payable and accrued expensesStart of year $582,390$400,782
X-19 Deferred revenueStart of year $5,119,352$2,043,867
X-24 Unsecured notes and loans payable$644,502
X-26 Total liabilitiesStart of year $5,701,742$3,089,151
X-27 Net assets without donor restrictionsStart of year $1,798,638$3,905,432
X-32 Total net assets or fund balancesStart of year $1,798,638$3,905,432
X-33 Total liabilities and net assetsStart of year $7,500,380$6,994,583
Part XI · Reconciliation of net assets $3,905,432 net assets at year end
XI-1 Total revenue$14,270,918
XI-2 Total expenses$12,164,124
XI-3 Revenue less expenses$2,106,794
XI-4 Net assets at start of year$1,798,638
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,905,432

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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