Colorado Outward Bound School
- Assets
- $6.6m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 157
- Location
- Denver, CO
- Founding
- 06/1963
- Data as of
- 12/2021
- EIN
- 84-0512779
Organization Overview
Colorado Outward Bound School is located in Denver, CO. The organization was established in 1963. 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, Colorado Outward Bound School employed 157 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Outward Bound School 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 12/2021, Colorado Outward Bound School generated $5.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $4.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CHANGE LIVES THROUGH CHALLENGE AND DISCOVERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
2021 WAS A SOLID RE-BUILDING YEAR FOR COBS AFTER 2020, A YEAR WHEN COBS RAN MINIMAL PROGRAMMING DUE TO THE COVID-19 PANDEMIC. ROBUST COVID SAFETY PROTOCOLS ENABLED COBS TO RESUME ITS TRADITIONAL EXPERIENTIAL WILDERNESS COURSES, WHICH DELIVERED STRONG OUTCOMES TO OUR STUDENTS AS SOCIETY RECOVERED FROM THE PANDEMIC. COBS WAS STILL LIMITED IN ITS ABILITY TO RUN SCHOOL AND PROFESSIONAL COURSES COMPARED TO PREVIOUS YEARS DUE TO COVID SAFETY CONCERNS. IN 2021, COBS SERVED 578 STUDENTS ON 52 SEPARATE COURSES, FOR A TOTAL OF 12,298 STUDENT PROGRAM DAYS, REPRESENTING 70% OF COBS'S 2019 (PRE-PANDEMIC) VOLUME. THESE COURSES TOOK PLACE IN COLORADO AND UTAH AND CONSISTED OF MOUNTAINEERING, MOUNTAIN AND CANYON BACKPACKING, ROCK CLIMBING, WHITEWATER RAFTING, AND CANOEING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Schmidt Executive Di | Officer | 40 | $136,026 |
Bryan Mix Board Chair | OfficerTrustee | 2 | $0 |
Tarn Udall Vice Chair | OfficerTrustee | 2 | $0 |
Nic Eliason Treasurer | OfficerTrustee | 2 | $0 |
Kate Ridgway Secretary | OfficerTrustee | 2 | $0 |
Bob O'rourke Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $96,500 |
| Related organizations | $0 |
| Government grants | $842,137 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,097,093 |
| Noncash contributions included in lines 1a–1f | $2,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,035,730 |
| Total Program Service Revenue | $3,127,164 |
| Investment income | $5,550 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $20,000 |
| Net Income from Fundraising Events | -$4,716 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,229,358 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $136,462 |
| Compensation of current officers, directors, key employees. | $18,474 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,021,123 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $110,754 |
| Payroll taxes | $197,116 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $39,330 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,866 |
| Fees for services: Other | $124,189 |
| Advertising and promotion | $21,468 |
| Office expenses | $162,266 |
| Information technology | $42,770 |
| Royalties | $0 |
| Occupancy | $129,768 |
| Travel | $96,035 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $63,713 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $176,977 |
| Insurance | $278,313 |
| All other expenses | $345,860 |
| Total functional expenses | $4,882,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,180 |
| Savings and temporary cash investments | $597,507 |
| Pledges and grants receivable | $244,353 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $70,527 |
| Net Land, buildings, and equipment | $5,124,604 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $507,533 |
| Total assets | $6,624,704 |
| Accounts payable and accrued expenses | $357,923 |
| Grants payable | $0 |
| Deferred revenue | $277,156 |
| 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 | $795,263 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $32,217 |
| Total liabilities | $1,462,559 |
| Net assets without donor restrictions | $4,404,953 |
| Net assets with donor restrictions | $757,192 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,624,704 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Colorado Outward Bound School has recieved totaling $506,189.
| Awarding Organization | Amount |
|---|---|
Wend Ii Inc Bentonville, AR PURPOSE: GROWING COBS FOR A STRONGER TOMORROW | $150,000 |
Boettcher Foundation Denver, CO PURPOSE: CAPITAL | $125,000 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $51,489 |
Hillman Family Foundations Pittsburgh, PA PURPOSE: OPERATING SUPPORT | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $49,100 |
Hillman Family Foundations Pittsburgh, PA PURPOSE: OPERATING SUPPORT | $25,000 |
Endowment Analysis
| Beg. Balance | $371,879 |
| Earnings | $25,229 |
| Admin Expense | -$1,866 |
| Ending Balance | $395,242 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Teton Science Schools Jackson, WY | $52,431,834 | $15,385,429 |
National Energy Foundation Inc Salt Lake Cty, UT | $10,298,854 | $12,769,820 |
Grand Canyon Conservancy Grand Canyon, AZ | $25,938,444 | $15,719,134 |
Colorado Outdoor Education Center Florissant, CO | $12,059,371 | $7,418,621 |
Colorado Outward Bound School Denver, CO | $6,624,704 | $5,229,358 |
High Country News Paonia, CO | $2,812,447 | $5,357,816 |
Center For Applied Environmental Law And Policy Boulder, CO | $5,070,869 | $4,150,000 |
Canyonlands Natural History Association Moab, UT | $10,690,559 | $6,320,150 |
Savory Institute Org Inc Boulder, CO | $9,669,974 | $4,376,162 |
Colorado Garden Show Inc Lakewood, CO | $11,683,304 | $3,272,069 |
Aspen Center For Environmental Studies Aspen, CO | $32,605,715 | $6,676,243 |
Resource Central Boulder, CO | $5,629,803 | $3,837,283 |