Thompson Island Outward Bound Education Center Inc
- Assets
- $13.4m
- Revenue
- $5.2m
- Investments
- $31.9k
- Employees
- 136
- Location
- Boston, MA
- Founding
- 06/1994
- Data as of
- 12/2020
- EIN
- 04-3027900
Organization Overview
Thompson Island Outward Bound Education Center Inc is located in Boston, MA. The organization was established in 1994. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. As of 12/2021, Thompson Island Outward Bound Education Center Inc employed 136 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thompson Island Outward Bound Education Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Thompson Island Outward Bound Education Center Inc generated $5.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $5.1m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE INDIVIDUALS WITH ADVENTUROUS AND CHALLENGING EXPERIENTIAL LEARNING PROGRAMS THAT INSPIRE CHARACTER DEVELOPMENT, COMPASSION, COMMUNITY SERVICE, ENVIRONMENTAL RESPONSIBILITY AND ACADEMIC ACHIEVEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUTWARD BOUND PROGRAMS: PARTICIPANTS LEARN BASIC LEADERSHIP SKILLS, BUILDING SELF-CONFIDENCE AND SELF ESTEEM.
OUTWARD BOUND PROGRAMS: PARTICIPANTS LEARN BASIC LEADERSHIP SKILLS, BUILDING SELF-CONFIDENCE AND SELF ESTEEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arthur Pearson President | OfficerTrustee | 40 | $174,636 |
Beth Ann Macneill VP - Development | Officer | 40 | $163,073 |
Nikkida Tabron Chief Education Officer | Officer | 40 | $125,648 |
Cliff Krauss Treasurer | OfficerTrustee | 1 | $0 |
Gordon R Penman Clerk | OfficerTrustee | 1 | $0 |
Mark Keating Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,966,220 |
| Investment income | $297,085 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $870,364 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,176,529 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,801,792 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $495,246 |
| Insurance | $256,493 |
| All other expenses | $0 |
| Total functional expenses | $5,088,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,662,340 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $29,085 |
| Accounts receivable, net | $118,770 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $27,828 |
| Prepaid expenses and deferred charges | $94,384 |
| Investments—publicly traded securities | $5,086,377 |
| Investments—other securities | $31,878 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,289 |
| Total assets | $13,376,568 |
| Accounts payable and accrued expenses | $286,571 |
| Grants payable | $0 |
| Deferred revenue | $359,109 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $645,680 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $12,730,888 |
Grants Recieved
Over the last fiscal year, we have identified 35 grants that Thompson Island Outward Bound Education Center Inc has recieved totaling $705,832.
| Awarding Organization | Amount |
|---|---|
Outward Bound Inc Lagrangeville, NY PURPOSE: TO PROVIDE COURSES | $169,537 |
Liberty Mutual Foundation Inc Boston, MA PURPOSE: THOMPSON ISLAND CONNECTIONS: FIELD SCIENCE AND SOCIAL-EMOTIONAL LEARNING FOR BPS YOUTH | $100,000 |
United Way Of Rhode Island Inc Providence, RI PURPOSE: DESIGNATED DONATION/GRANT | $55,000 |
American Endowment Foundation Hudson, OH PURPOSE: YOUTH DEVELOPMENT | $52,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $49,950 |
Fidelity Foundation Boston, MA PURPOSE: PROGRAM SUPPORT | $40,000 |
Endowment Analysis
| Beg. Balance | $936,886 |
| Ending Balance | $936,886 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cdp North America Inc New York, NY | $33,043,858 | $35,828,788 |
We Mean Business Coalition Inc New York, NY | $24,084,041 | $31,828,485 |
Shelburne Farms Shelburne, VT | $67,255,924 | $17,576,538 |
New York City Outward Bound Center Inc Long Island City, NY | $12,099,741 | $5,496,519 |
Thompson Island Outward Bound Education Center Inc Boston, MA | $13,376,568 | $5,176,529 |
Climate Jobs National Resource Center Inc New York, NY | $4,647,680 | $5,515,111 |
Coalition For Rainforest Nations Secretariat New York, NY | $10,118,420 | $9,603,902 |
Adirondack Mountain Club Inc Queensbury, NY | $6,654,615 | $4,843,206 |
Boston Harbor Now Inc Boston, MA | $4,066,521 | $5,208,606 |
Outward Bound Inc Lagrangeville, NY | $11,663,837 | $5,933,839 |
Earthplace The Nature Discovery Center Inc Westport, CT | $3,617,059 | $3,825,424 |
Empire Discovery Institute Inc Rochester, NY | $2,138,425 | $41,665 |