Hurricane Island Outward Bound School
- Assets
- $11.6m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 154
- Location
- Camden, ME
- Founding
- 10/1964
- Data as of
- 12/2023
- EIN
- 04-6089174
Organization Overview
Hurricane Island Outward Bound School is located in Camden, ME. The organization was established in 1964. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. As of 12/2023, Hurricane Island Outward Bound School employed 154 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hurricane Island 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 12/2023, Hurricane Island Outward Bound School generated $5.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $5.3m during the year ending 12/2023. While expenses have increased by 5.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE SCHOOL'S MISSION IS TO CHANGE LIVES THROUGH CHALLENGE AND DISCOVERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HURRICANE ISLAND OUTWARD BOUND SCHOOL SHOWED 1094 YOUTH, TEENS AND ADULTS THERE IS MORE IN THEM THAN THEY KNOW THROUGH MULTI-WEEK WILDERNESS EXPEDITION COURSES ON OPEN ENROLLMENT AND GROUPS COURSES. IN TOTAL, WE PROVIDED 8884 DAYS OF LIFE CHANGING EXPERIENCES TO STUDENTS IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Peat Board Chair | OfficerTrustee | 1 | $0 |
Mike Perlis Vice Chair | Trustee | 1 | $0 |
James Cabot Treasurer | OfficerTrustee | 1 | $0 |
Jeff Brandenburg Secretary | Trustee | 1 | $0 |
Clay Fowler Director | Trustee | 1 | $0 |
Bill Frederick Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Maine Passive House Construction Of Newry Staff House | 12/30/19 | $323,157 |
Costa Rica Rainforest Outward Bound Scho Subcontract Instructors For Semester | 12/30/19 | $100,260 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,176,881 |
| Noncash contributions included in lines 1a–1f | $30,770 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,176,881 |
| Total Program Service Revenue | $2,914,294 |
| Investment income | $196,309 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,766 |
| Net Gain/Loss on Asset Sales | -$7,621 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,467,026 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $541,074 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $517,452 |
| Compensation of current officers, directors, key employees. | $113,540 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,990,499 |
| Pension plan accruals and contributions | $35,378 |
| Other employee benefits | $230,606 |
| Payroll taxes | $191,586 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $345 |
| Fees for services: Accounting | $27,980 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $50,732 |
| Advertising and promotion | $88,752 |
| Office expenses | $26,970 |
| Information technology | $81,604 |
| Royalties | $0 |
| Occupancy | $128,753 |
| Travel | $111,840 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,811 |
| Interest | $16,716 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $113,994 |
| Insurance | $270,460 |
| All other expenses | $119,988 |
| Total functional expenses | $5,322,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $566,828 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,062,801 |
| Accounts receivable, net | $76,491 |
| 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 | $220,720 |
| Net Land, buildings, and equipment | $3,645,664 |
| Investments—publicly traded securities | $5,885,006 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $107,395 |
| Total assets | $11,564,905 |
| Accounts payable and accrued expenses | $317,853 |
| Grants payable | $0 |
| Deferred revenue | $343,876 |
| 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 | $577,992 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $184,229 |
| Total liabilities | $1,423,950 |
| Net assets without donor restrictions | $3,106,269 |
| Net assets with donor restrictions | $7,034,686 |
| 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 | $11,564,905 |