The Boundless School

203 Lonsmount Drive
Toronto, ON M5P 2Y6
Executive Director: Steven Gottlieb
Board President: Tom Robson

Website: www.theboundlessschool.com
Charitable Reg. #: 12422 5855 RR0001
Sector: Social Services - At-Risk Youth
Operating Charity

Charity Rating

[Charity Rating: 4/4]

Donor Accountability

Grade: A

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2016 2017 2018
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Impact Rating: Good

Full-time staff #20

Avg. Compensation $43,614

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 1
$80k - $120k 2
$40k - $80k 6
< $40k 1
Information from most recent CRA Charities Directorate filings for F2018

About The Boundless School:

The Boundless School was founded as an outdoor adventure centre in 1984. Since becoming a charity in 1989, The Boundless School has worked to motivate 20,000 students to succeed academically, physically, and socially. The charity can award high school credits, allowing teens to achieve academic success in an “exquisite” non-traditional learning environment. Boundless has two buildings on 600 acres of land in Palmer Rapids, Ontario. The property includes 3,000 feet of Madawaska River shoreline.

In F2018, The Boundless School worked with 271 high schoolers from low-income families who were not on pace to graduate on time. Of these students, 87% had experienced long-term school interruptions and 96% struggled with diagnosed mental illness or learning challenges.

Boundless Live-In School (BLISS) operates between September and March. Students participate in one or more 20-day (1.5 credits), 40-day (3.0 credits), and 50-day (4.0 credits) sessions, working to earn the 30.0 credits needed to graduate high school. The sessions cost $5,000-$12,500 depending on length but students referred by social agencies participate for free. In F2018, 90 BLISS participants earned 322 high school credits in math, English, history, science, art, and electives such as writer’s craft and outdoor education.  

During the summer, Boundless runs 13-day sessions where teens can earn a credit in outdoor education, leadership, healthy active living, English, or philosophy. This program costs $2,600 per session or $9,000 for three 13-day sessions to earn 4.0 credits. In F2018, there were 156 students who earned credits through summer programs. Sessions involve instruction and assignments but also incorporate camping, high ropes, crafts, music, hiking, and whitewater rafting.

In May of 2017, Boundless began construction on Wolf House that was estimated for completion in early 2018.  The house was designed to include 6,500 square feet of classrooms and sleeping quarters. During F2017 and F2018, Boundless spent a combined $3.0 million on buildings and capital projects.

Results and Impact: Charity Intelligence has evaluated The Boundless School and found the charity to have good impact per dollar (see diagram in lower right). 

Compared with their public school marks, the grades of students in BLISS improved an average of 31% in English, 26% in math, 38% in history, and 22% in science. In F2018, 49 students earned their final high school credit at Boundless. Of the remaining, 88% have returned to mainstream school full time.

Financial Review:

The Boundless School is considered a Small charity, with donations of $696k in F2018. The charity received $641k (29% of revenues) in government funding and $841k (38% of revenues) in fees from participants. Its financial statements and CRA filings do not explicitly disclose administrative costs. Using the itemized costing on the charity’s financial statements, Ci estimates administration as at least 3% of revenues. Using Boundless’ T3010 filing with the CRA, fundraising costs are 6% of donations. For every $1 donated, 91 cents go to the cause, falling within Ci’s reasonable range for overhead spending. Boundless has $958k in funding reserves which could cover program costs for six months. This indicates a need for funding.

This charity report is an update that has been sent to The Boundless School for review. Changes and edits may be forthcoming.

Updated on August 16, 2018 by Madison Kerr.

Financial Ratios

Fiscal year ending March
201820172016
Administrative costs as % of revenues 3.4%3.9%3.9%
Fundraising costs as % of donations 6.3%5.9%0.0%
Program cost coverage (%) 50.7%50.6%163.5%

Summary Financial Statements

All figures in $s
201820172016
Donations 695,622694,934519,728
Government funding 641,399626,104623,925
Fees for service 841,192936,954839,388
Business activities (net) 9,3522,2654,278
Investment income 10,08639,60242,118
Total revenues 2,197,6512,299,8592,029,437
Program costs 1,890,3811,754,0531,664,933
Administrative costs 73,74387,07776,755
Fundraising costs 44,00041,1770
Other costs 1,4172,1276,501
Cash flow from operations 188,110415,425281,248
Funding reserves 958,473888,0682,721,528
Note: Ci has adjusted for deferred revenue from capital contributions and Ministry of Children and Youth Services, affecting revenues by ($21.8k) in F2018, ($8.7k) in F2017, and ($10.6k) in F2015. Administrative costs may be understated as Ci cannot accurately allocate expenses with the provided information, of note is no allocation of salary or employee benefits. Fundraising costs are as reported on the charity’s T3010 filing and have been removed from program costs.

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