Unbounded Learning
Unbounded Learning reported $23.2 million in revenue and $26.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $80.47 went to program services, $14.29 to management and general costs and $5.24 to fundraising. Its largest source of revenue was contributions and grants: 56.4% of the total. Government grants made up 9.9%. The highest compensation it reported for one person was $558,210 (PRESIDENT AND CEO). 75 people received more than $100,000 in reportable compensation. Revenue rose 62% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $26MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $23MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 80.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 14.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 5.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.11 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 56.4% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 9.9% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 39.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $558,210 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.13% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 75 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 8.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 5 of 5 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expensePrimarily funded by philanthropic partners, unbounded utilized funding in the following areas: 1) expansion of programmatic operations and strategy to scale research & evaluation, distribution, and program development, 2) creation of a middle school science pathway at standards institute. 3) expand unbounded's suite of research based services of digital and virtual offerings to meeting the changing needs of districts. 4) we worked with districts over to support them to adopt and launch math high-quality instructional materials (hqim)
Unbounded hosted 3 standards institute events in july 2024, winter 2025 and june 2025; reaching over 1,150 educators, leaders 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. All staff members worked the events and were part of the content development and operations of the events
Local si & in person summit - unbounded's interactive local 4 days on site standards institute for a specific district and two-day summit for teachers, coaches, and leaders emphasizes instructional planning amidst a historical anti-racist movement. With an emphasis on grade-level curriculum, strategic supports, and equitable instruction, the local si & in person summit moves educators through planning processes that can produce meaningful, engaging in-person classroom experiences. Teachers & coaches leave the events better prepared to make informed decisions that address unfinished…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT AND CEO Officer, 40.00 hrs/week | $528,585 | $0 | $29,625 | $558,210 |
| CHIEF IMPACT OFFICER Highest compensated employee, 40.00 hrs/week | $336,390 | $0 | $51,506 | $387,896 |
| CHIEF OPERATING OFFICER Key employee, 40.00 hrs/week | $343,292 | $0 | $39,350 | $382,642 |
| CHIEF TALENT OFFICER Highest compensated employee, 40.00 hrs/week | $322,952 | $0 | $38,632 | $361,584 |
| CHIEF PROGRAM OFFICER Highest compensated employee, 40.00 hrs/week | $287,284 | $0 | $43,214 | $330,498 |
| GENERAL COUNSEL (JOINED JAN 24) Highest compensated employee, 40.00 hrs/week | $268,198 | $0 | $40,188 | $308,386 |
| SR. VICE PRESIDENT, MARKETING Highest compensated employee, 40.00 hrs/week | $247,212 | $0 | $24,102 | $271,314 |
75 people received more than $100,000 in reportable compensation from Unbounded Learning (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.4M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 595
- Volunteers Part I, line 68
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| AMERICAN INSTITUTES FOR RESEARCH Researcher | $550,790 |
| ONE LEARNING COMMUNITY LTD CO It services | $533,011 |
| SODEXO LIVE Catering service | $509,701 |
| ORLANDO EVENT PRODUCTIONS LLC Audio visual services | $486,573 |
| ASU MARY LOU FULTON TEACHERS COLLEGE Program content and delivery | $323,782 |
Individuals listed as contractors are left out. 21 contractors were paid more than $100,000 in all.
Private foundation grants it received
5 private foundations reported grants to Unbounded Learning totaling $6.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Unbounded Learning's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Unbounded Learning, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Unbounded Learning spent in FY2025, $80.47 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Cottey CollegeNevada, MO · revenue $23M · programs 80.3% · FY2025
- Escambia County School Readiness CoalitionPensacola, FL · revenue $23M · programs 97.3% · FY2025
- Operating Engineers' Local 324 Journey- Man and Apprentice Training FundHowell, MI · revenue $23M · programs 90.9% · FY2025
- Oak Hill SchoolNashville, TN · revenue $23M · programs 77.7% · FY2025
- University of South Alabama FoundationMobile, AL · revenue $23M · programs 96.4% · FY2025
Questions people ask
How much of Unbounded Learning's spending goes to programs?
In the fiscal year ending June 30, 2025, Unbounded Learning reported that 80.5% of its $26.2 million in expenses went to program services, 14.3% to management and general and 5.2% to fundraising (Form 990, Part IX).
How much does Unbounded Learning pay its top executive?
The largest total compensation Unbounded Learning reported for one person in the fiscal year ending June 30, 2025 was $558,210, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Unbounded Learning get its money?
Of $23.2 million in revenue in the fiscal year ending June 30, 2025, 56.4% came from contributions and grants (including 9.9% from government grants) and 39.0% from program service revenue (Form 990, Part VIII).
Is Unbounded Learning a registered charity?
The IRS lists EIN 47-5223320 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641289349303539 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511329349306381 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441309349301929 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349314619 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201369349302030 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141269349301324 · read the filing
All filings for EIN 47-5223320: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.