Nonprofit screen
Screen a listUnbounded Learning Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(2)
$23Mrevenue
FY2025 · −33% in 3 yrs95staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−13.3%
Months of reserve2.4mo
Revenue growth (annualized)+9.4%
Middle half of peersMedianUnbounded Learning
Where the money goes FY2025 · $26M spent
Programs$21M80%Management and general$3.8M14%Fundraising$1.4M5%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$1.0M in FY2023 and −$3.1M in FY2025. Cash covers 2.4 months, under the peer median of 3.3.
990 Part I and balance sheetIn its favor4
Strong governance
5 of 5 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 9% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohortFunders stay
6 of the 7 funders that gave before FY2021 are still giving.
Funders’ 990-PF grant listsA history of government grants
Government grants on 5 of its 5 returns, 10% of revenue in FY2025. $17M is traced federal awards from Department of Education.
990 Part VIII · USAspending20funders
$10Ma year, last 3 years
48%from its largest funder
Funder’17’18’19’20’21’22’23Gates FoundationEvery year since FY2017$4.4M$4.7M$500k$1.6M$470k$3.4M$4.0MThe William & Flora Hewlett FoundationEvery year since FY2017$867k$917k$1.2M$800k$500k$500k$800kBarr FoundationSince FY2020$113k$550k$325k$350kKoshland FoundationStopped after FY2021$350k$440k$90k$216k–The Bloomberg Family Foundation IncStopped after FY2022$534k$400k–The Heising-Simons FoundationNew in FY2023$900kDonor-advised giftsDonors not disclosed$800k$15M$210k8 other fundersUp to $1.5M a year each$555k$2.3M$360k$210k
FundedThrough a donor-advised fundStopped