Chesapeake Bay Outward Bound School Inc
- Assets
- $15.8m
- Revenue
- $4.1m
- Investments
- $10.4m
- Employees
- 86
- Location
- Baltimore, MD
- Founding
- 02/2005
- Data as of
- 12/2021
- EIN
- 34-2007841
Organization Overview
Chesapeake Bay Outward Bound School Inc is located in Baltimore, MD. The organization was established in 2005. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. As of 12/2021, Chesapeake Bay Outward Bound School Inc employed 86 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chesapeake Bay Outward Bound School 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 12/2021, Chesapeake Bay Outward Bound School Inc generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $3.4m during the year ending 12/2021. While expenses have increased by 12.3% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE CHARACTER DEVELOPMENT AND SELF-DISCOVERY IN PEOPLE OF ALL AGES AND WALKS OF LIFE THROUGH CHALLENGE AND ADVENTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHESAPEAKE BAY OUTWARD BOUND, INC PROVIDES ITS STUDENTS, EDUCATORS, SCHOOL ADMINISTRATORS AND COMMUNITY LEADERS WITH CHALLENGING EXPERIENCES THAT ARE SAFELY STRUCTURED TO ENHANCE LEADERSHIP, SELF-ESTEEM, SELF-RELIANCE, CONCERN FOR OTHERS, SERVICE TO THE COMMUNITY AND CARE FOR THE ENVIRONMENT. PROGRAM ACTIVITIES INCLUDE, BUT NOT LIMITED TO, BACKPACKING EXCURSIONS, ROCK CLIMBING TRIPS AND CANOEING. OUTWARD BOUND COURSES CREATE YOUNG LEADERS THROUGH EDUCATIONAL PROGRAMS IN THE WILDERNESS.OUTWARD BOUND AWARDS UP TO $3.7 MILLION IN SCHOLARSHIPS TO 6,000 STUDENTS EACH YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ginger Mihalik Executive Director | Officer | 40 | $163,500 |
Phyllis Kim Chief Advancement Officer | 40 | $141,817 | |
Natalie Haney Chief Operating Officer | 40 | $109,363 | |
Gavin Ware Deputy Director | 40 | $106,007 | |
Andrew M Andy Brooks Chair | OfficerTrustee | 1 | $0 |
Jeffrey Jeff Joy Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,164,687 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,329,059 |
| Noncash contributions included in lines 1a–1f | $83,696 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,493,746 |
| Total Program Service Revenue | $1,078,183 |
| Investment income | $97,877 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,070,576 |
| 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. | $190,895 |
| Compensation of current officers, directors, key employees. | $26,854 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,742,297 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $173,537 |
| Payroll taxes | $220,656 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,279 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $184,658 |
| Advertising and promotion | $48,646 |
| Office expenses | $101,533 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $141,754 |
| Travel | $11,918 |
| 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 | $137,985 |
| Insurance | $103,956 |
| All other expenses | $49,073 |
| Total functional expenses | $3,449,813 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $765,302 |
| Savings and temporary cash investments | $500,311 |
| Pledges and grants receivable | $266,317 |
| Accounts receivable, net | $1,094,069 |
| 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 | $33,359 |
| Net Land, buildings, and equipment | $2,763,235 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $10,368,825 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,791,418 |
| Accounts payable and accrued expenses | $261,312 |
| Grants payable | $0 |
| Deferred revenue | $50,600 |
| 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 | $311,912 |
| Net assets without donor restrictions | $3,786,297 |
| Net assets with donor restrictions | $11,693,209 |
| 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 | $15,791,418 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chesapeake Bay Outward Bound School Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Lucky Heart Fund Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Endowment Analysis
| Beg. Balance | $9,150,190 |
| Earnings | $1,019,686 |
| Net Contributions | -$353,905 |
| Ending Balance | $9,815,971 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chesapeake Bay Outward Bound School Inc Baltimore, MD | $15,791,418 | $4,070,576 |
Kutcher Foundation Inc Forest Hill, MD | $796,373 | $19,308 |
Congressional Sports For Charity Alexandria, VA | $777,505 | $905,404 |
Youth Life Foundation Of Richmond Richmond, VA | $331,898 | $775,489 |
M4k Lynchburg Inc Lynchburg, VA | $46,148 | $496,402 |
Ascent Soccer Usa Washington, DC | $88,611 | $247,724 |
Virginia Extreme Force Inc Chesapeake, VA | $3,310,153 | $689,057 |
Together We Own It Inc Westminster, MD | $26,545 | $273,285 |
Youth Quest Foundation Inc Fairfax, VA | $34,482 | $382,193 |
Head Starter Network Alexandria, VA | $0 | $11,199 |
Hour Generation Foundation College Park, MD | $155,276 | $271,504 |
Bloom Charity Nfp North Chesterfield, VA | $104,512 | $0 |