TY 2025 Form 990

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(1) EMMA MILLER...................................................................... DIRECTOR/CGO	3.0 ................. 0.0	X	X		0	0
(2) LISSA HAAG...................................................................... DIRECTOR/DEPUTY CGO	3.0 ................. 0.0	X	X		0	0
(3) ABBY MARIE J ROHR...................................................................... DIRECTOR	2.0 ................. 0.0	X			0	0
(4) BETH WAGGONER...................................................................... DIRECTOR (BEG JULY 2025)	1.0 ................. 0.0	X			0	0
(5) CINDY JONES...................................................................... DIRECTOR	1.0 ................. 0.0	X			0	0
(6) DAVID PASKACH...................................................................... DIRECTOR (BEG JULY 2025)	2.0 ................. 0.0	X			0	0
(7) DENNIS BERNARDO...................................................................... DIRECTOR	2.0 ................. 0.0	X			0	0
(8) FR CYRUS GALLAGHER...................................................................... Preacher Representative (non-voting)	1.0 ................. 0.0	X			0	0
(9) FRANKLIN J POPEK...................................................................... DIRECTOR	3.0 ................. 0.0	X			0	0
(10) GRACE CASACLANG-VERZOSA...................................................................... DIRECTOR	1.0 ................. 0.0	X			0	0
(11) KIRSTEN EVANS...................................................................... DIRECTOR	2.0 ................. 0.0	X			0	0
(12) LISA PHILLIP...................................................................... DIRECTOR	1.0 ................. 0.0	X			0	0
(13) TAYLOR BUCKLEY...................................................................... DIRECTOR	1.0 ................. 0.0	X			0	0
(14) ASHLEY HUFFT...................................................................... PRESIDENT/CEO (NON-VOTING)	55.0 ................. 0.0		X		328,715	42,324
(15) JILL NELSON...................................................................... SECRETARY (NON-VOTING)/FIN ANALYSIS MGR	40.0 ................. 0.0		X		94,296	42,555
(16) MARTIN KRAUS...................................................................... TREASURER (NON-VOTING)/CFO	50.0 ................. 0.0		X		185,472	39,584
(17) ANDREA EWING...................................................................... CHIEF OPERATING OFFICER	45.0 ................. 0.0			X	212,148	49,928

(A) Name and business address	(B) Description of services	(C) Compensation
TFBOK-FINANCIAL PO BOX 443 TULSA,OK74101	MERCHANT SERVICES	1,039,484
MEDIA TWO INTERACTIVE LLC 112 S BLOUNT ST RALEIGH,NC27601	ADVERTISING	797,444
GIVEBRIDGE 500 W VAN BUREN SUITE 1100 CHICAGO,IL60607	FUNDRAISING SERVICES	732,109
GOOGLE LLC 1600 AMPHITHEATRE PARKWAY MOUNTAIN VIEW,CA94043	ADVERTISING	303,328
BOK-FINANCIAL 7101 COLLEGE BLVD FLOOR 11 OVERLAND PARK,KS66210	BANKING SERVICES	223,664
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 10

- TIN:

SCHEDULE A
(Form 990)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
Attach to Form 990 or Form 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2025

Open to Public
Inspection

Name of the organization

Unbound

Employer identification number

43-1243999

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990).)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:

An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box on lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization must generally satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ...........................

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i) Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.

Cat. No. 11285F

Schedule A (Form 990) 2025

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2021	(b) 2022	(c) 2023	(d) 2024	(e) 2025	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..	142,617,882	137,562,066	136,803,692	131,911,191	133,332,977	682,227,808
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf ....					0	0
3	The value of services or facilities furnished by a governmental unit to the organization without charge..					0	0
4	Total. Add lines 1 through 3	142,617,882	137,562,066	136,803,692	131,911,191	133,332,977	682,227,808
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) ..						0
6	Public support. Subtract line 5 from line 4.						682,227,808

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2021	(b) 2022	(c) 2023	(d) 2024	(e) 2025	(f) Total
7	Amounts from line 4..	142,617,882	137,562,066	136,803,692	131,911,191	133,332,977	682,227,808
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...	1,865,745	2,210,569	2,496,375	2,787,856	3,085,905	12,446,450
9	Net income from unrelated business activities, whether or not the business is regularly carried on..					0	0
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..	504	423	584	280	289	2,080
11	Total support. Add lines 7 through 10						694,676,338

Gross receipts from related activities, etc. (see instructions) ..................

1,181,397

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................

Section C. Computation of Public Support Percentage

Public support percentage for 2025 (line 6, column (f) divided by line 11, column (f)) .........

98.208 %

Public support percentage for 2024 Schedule A, Part II, line 14 ...............

98.444 %

16a

33 1/3% support test—2025. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization .......................

33 1/3% support test—2024. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization .....................

17a

10%-facts-and-circumstances test—2025. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............

10%-facts-and-circumstances test—2024. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions .....................................................

Schedule A (Form 990) 2025

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2021	(b) 2022	(c) 2023	(d) 2024	(e) 2025	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.")
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose
3	Gross receipts from activities that are not an unrelated trade or business under section 513 .....
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge
6	Total. Add lines 1 through 5
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public support. (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2021	(b) 2022	(c) 2023	(d) 2024	(e) 2025	(f) Total
9	Amounts from line 6
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975
c	Add lines 10a and 10b
11	Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..

Section C. Computation of Public Support Percentage

Public support percentage for 2025 (line 8, column (f) divided by line 13, column (f)) .........

Public support percentage from 2024 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2025 (line 10c, column (f) divided by line 13, column (f)) ......

Investment income percentage from 2024 Schedule A, Part III, line 17 .............

19a

33 1/3% support tests-2025. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization .......

33 1/3 % support tests—2024. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization .....

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions ....

Schedule A (Form 990) 2025

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Schedule A (Form 990) 2025

Page 5

Part IV

Supporting Organizations (continued)

Yes

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?

11a

A family member of a person described on 11a above?

11b

A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.

11c

Section B. Type I Supporting Organizations

Yes

Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental supported organization. Describe in Part VI how you supported a governmental supported organization (see instructions).

Activities Test. Answer lines 2a and 2b below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of its supported organization(s)? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to each of its supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described on line 2a, above, constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If “Yes,” explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer lines 3a, 3b, and 3c below.

Are the organization and its supported organization(s) part of an integrated system (for example, a hospital system)? If “Yes,” provide details in Part VI.

Did the organization direct the policies, programs, and activities of each of its supported organizations? If "Yes," describe in Part VI the role played by the organization in this regard.

Did the organization have the power to regularly appoint or elect (and remove) a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.

Schedule A (Form 990) 2025

Page 6

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by 0.035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6

Check here if the current year is the organization's first as a non-functionally- integrated Type III supporting organization (see instructions)

Schedule A (Form 990) 2025

Page 7

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes	1
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity	2
3 Administrative expenses paid to accomplish exempt purposes of supported organizations	3
4 Amounts paid to acquire exempt-use assets	4
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI)	5
6Total annual distributions. Add lines 1 through 5.	6
7 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions	7
8 Distributable amount for 2025 from Section C, line 6	8
9 Line 7 amount divided by Line 8 amount	9

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2025	(iii) Distributable Amount for 2025
1 Distributable amount for 2025 from Section C, line 6
2 Underdistributions, if any, for years prior to 2025 (reasonable cause required-- explain in Part VI). See instructions.
3 Excess distributions carryover, if any, to 2025:
a From 2020.......
b From 2021.......
c From 2022.......
d From 2023.......
e From 2024.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2025 distributable amount
i Carryover from 2020 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.
4Distributions for 2025 from Section D, line 6:
$
a Applied to underdistributions of prior years
b Applied to 2025 distributable amount
c Remainder. Subtract lines 4a and 4b from line 4.
5 Remaining underdistributions for years prior to 2025, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions.
6 Remaining underdistributions for 2025. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions.
7 Excess distributions carryover to 2026. Add lines 3j and 4c.
8 Breakdown of line 7:
a Excess from 2021.....
b Excess from 2022.....
c Excess from 2023.....
d Excess from 2024.....
e Excess from 2025.....

Schedule A (Form 990) (2025)

Schedule A (Form 990) 2025

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a, 3b, and 3c; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5 and 7; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference	Explanation
Schedule A, Part II, Line 10 Other Income	DESCRIPTION - OTHER REVENUE, COLUMN A - 504.0, COLUMN B - 423.0, COLUMN C - 584.0, COLUMN D - 280.0, COLUMN E - 289.0, COLUMN F - 2080.0;

Schedule A (Form 990) 2025

Additional Data

Software ID:	25022866
Software Version:	2025v4.2

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

Unbound

Employer identification number

43-1243999

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year

Number of states where property subject to conservation easement is located

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
$

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... $

(ii)

Assets included in Form 990, Part X ............................... $

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... $

Assets included in Form 990, Part X ............................... $

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) (Rev. 1-2025)

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment

Permanent endowment

Term endowment

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....	273,053		273,053
b	Buildings ....	5,049,368	2,982,125	2,067,243
c	Leasehold improvements
d	Equipment ....	618,860	523,136	95,724
e	Other .....	2,755,623	2,755,623	0
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				2,436,020

Schedule D (Form 990) (Rev. 1-2025)

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value
(1)CSV LIFE INSURANCE				48,039
(2)ANNUITIES				11,242,878
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........				11,290,917

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
Federal Income Taxes
ANNUITY OBLIGATIONS	676,459







Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	676,459
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) (Rev. 1-2025)

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	138,953,157
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	1,765,946
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ...........	2d	0
e	Add lines 2a through 2d .....................			2e	1,765,946
3	Subtract line 2e from line 1..................			3	137,187,211
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b	58,485
c	Add lines 4a and 4b....................			4c	58,485
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	137,245,696

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	135,110,680
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ...........	2d	0
e	Add lines 2a through 2d....................			2e	0
3	Subtract line 2e from line 1...................			3	135,110,680
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ...........	4b	2,474
c	Add lines 4a and 4b.....................			4c	2,474
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	135,113,154

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part IV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
Schedule D, Part X, Line 2	MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS.
Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements	CHANGE IN UNINSURED ANNUITY OBLIGATIONS - 64667 UNBOUND - COLOMBIA + PHILIPPINES BRANCH CURRENCY G/L - -6171 UNBOUND - PHILIPPINES BRANCH - INVESTMENT INCOME - -11
Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements	UNBOUND - COLOMBIA + PHILIPPINES BRANCH EXPENSES - 2474

Schedule D (Form 990) (Rev. 1-2025)

Additional Data

Software ID:	25022866
Software Version:	2025v4.2

- TIN:

SCHEDULE F(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Statement of Activities Outside the United States

Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16.Attach to Form 990.Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization
Unbound

Employer identification number

43-1243999

Part I

General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.

For grantmakers. Does the organization maintain records to substantiate the amount of its grants and

other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used

to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.

Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)

(a) Region		(b) Number of offices in the region	(c) Number of employees, agents, and independent contractors in the region	(d) Activities conducted in region (by type) (such as, fundraising, program services, investments, grants to recipients located in the region)	(e) If activity listed in (d) is a program service, describe specific type of service(s) in the region	(f) Total expenditures for and investments in the region
	Central America and the Caribbean	0	0	Grantmaking		43,673,319
	East Asia and the Pacific	0	0	Grantmaking		18,044,844
	North America (Canada & Mexico only)	0	0	Grantmaking		3,192,738
	South America	0	0	Grantmaking		20,580,440
	South Asia	0	0	Grantmaking		8,283,926
	Sub-Saharan Africa	0	0	Grantmaking		20,305,273
	Central America and the Caribbean	0	3	Program Services	PROJ MENTOR & MONITOR	187,725
	East Asia and the Pacific	0	0	Program Services	PROJ MENTOR & MONITOR	40,336
	North America (Canada & Mexico only)	0	1	Program Services	PROJ MENTOR & MONITOR	42,725
	South America	0	0	Program Services	PROJ MENTOR & MONITOR	48,975
	South Asia	0	0	Program Services	PROJ MENTOR & MONITOR	20,543
	Sub-Saharan Africa	0	2	Program Services	PROJ MENTOR & MONITOR	100,355
	Central America and the Caribbean	1	0	Program Services	PROJ MENTOR & MONITOR	1,071,054




3a	Sub-total ....	1	6			115,592,253
b	Total from continuation sheets to Part I ...	0	0			0
c	Totals (add lines 3a and 3b)	1	6			115,592,253

For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) (Rev. 1-2025)

Schedule F (Form 990) (Rev. 1-2025)

Page 2

Part II

Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.

(c) Region	(d) Purpose of grant	(e) Amount of cash grant	(f) Manner of cash disbursement
Central America and the Caribbean	PROJ. INFRASTRUCTURE /EMERGENCY/SCHOLARSH IP/OTHER ASSISTANCE	3,236,670	WIRE
East Asia and the Pacific	PROJ. INFRASTRUCTURE /EMERGENCY/SCHOLARSH IP/OTHER ASSISTANCE	2,080,801	WIRE
North America (Canada & Mexico only)	PROJ. INFRASTRUCTURE /EMERGENCY/SCHOLARSH IP/OTHER ASSISTANCE	413,815	WIRE
South America	PROJ. INFRASTRUCTURE /EMERGENCY/SCHOLARSH IP/OTHER ASSISTANCE	2,354,792	WIRE
South Asia	PROJ. INFRASTRUCTURE /EMERGENCY/SCHOLARSH IP/OTHER ASSISTANCE	655,390	WIRE
Sub-Saharan Africa	PROJ. INFRASTRUCTURE /EMERGENCY/SCHOLARSH IP/OTHER ASSISTANCE	2,205,691	WIRE

2	Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......	32
3	Enter total number of other organizations or entities .......................	0

Schedule F (Form 990) (Rev. 1-2025)

Schedule F (Form 990) (Rev. 1-2025)Page 3

Part III

Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.

Part III can be duplicated if additional space is needed.

	(b) Region	(c) Number of recipients	(d) Amount of cash grant	(e) Manner of cash disbursement
NUTRITION, EDUCATION, HEALTH, FAMILY	Central America and the Caribbean	97,937	40,436,649	WIRE
NUTRITION, EDUCATION, HEALTH, FAMILY	East Asia and the Pacific	36,864	15,964,043	WIRE
NUTRITION, EDUCATION, HEALTH, FAMILY	North America (Canada & Mexico only)	6,871	2,778,923	WIRE
NUTRITION, EDUCATION, HEALTH, FAMILY	South America	44,759	18,225,648	WIRE
NUTRITION, EDUCATION, HEALTH, FAMILY	South Asia	18,775	7,628,536	WIRE
NUTRITION, EDUCATION, HEALTH, FAMILY	Sub-Saharan Africa	42,424	18,099,582	WIRE

Schedule F (Form 990) (Rev. 1-2025)

Page 4

Part IV

Foreign Forms

Schedule F (Form 990) (Rev. 1-2025)

Page 5

Part V

Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information. See instructions.

ReturnReference	Explanation
Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds	UNBOUND SENDS A WIRE TRANSFER TO PROJECTS ON A MONTHLY BASIS. THE MONTHLY TRANSFER INCLUDES THE PROJECT'S ALLOCATION OF SPONSORSHIP FUNDS IN THREE CATEGORIES: CHILDREN, ELDER AND VOCATIONS (WHERE APPLICABLE). THE MONTHLY TRANSFER ALSO INCLUDES BIRTHDAY FUNDS, CRITICAL NEEDS RESPONSE PROGRAMS, AND FUNDS FOR COMPLEMENTARY PROGRAMS SUCH AS AGENTS OF CHANGE AND SMALL BUSINESS ACCELERATOR PROGRAMS. MONEY IS SENT AT THE APPROPRIATE TIMES FOR COMPLEMENTARY PROGRAMS SUCH AS SCHOLARSHIPS AND AGENTS OF CHANGE. THERE MIGHT BE ADDITIONAL RESTRICTED FUNDS SENT AS UNBOUND GRANTS OR BECAUSE OF SPONSORS' EXTRA DONATIONS FOR SPECIFIC FAMILY OR PROJECT NEEDS BEYOND WHAT THE SPONSORSHIP PROGRAM COVERS. UNBOUND MONITORS THE PROJECTS' USE OF THESE FUNDS IN A VARIETY OF WAYS. PROJECTS ARE REQUIRED TO PROVIDE MONTHLY FINANCIAL INFORMATION TO UNBOUND'S OFFICE IN KANSAS CITY, KANSAS, INCLUDING: A. TRANSACTION-LEVEL FINANCIAL DETAIL WHICH INCLUDE THE BALANCE SHEET AND INCOME STATEMENT B. PROJECT BANK STATEMENTS AND BANK RECONCILIATIONS C. CASH RESERVES REPORT THE PROJECTS ARE ALSO REQUIRED TO SUBMIT OR MAKE AVAILABLE THE FOLLOWING DOCUMENTS ON AN ANNUAL BASIS: A. ANNUAL BUDGET B. ASSET LISTING C. GOVERNMENT-REQUIRED EXTERNAL AUDIT D. ANY OTHER FINANCIAL REPORTS FILED WITH THEIR GOVERNMENTS FOR SPECIAL MONEY GIFTS OVER $1000, PROJECTS ARE REQUIRED TO ACKNOWLEDGE THE EXPENDITURES TO THE DONORS. THERE ARE THREE REGIONAL ACCOUNTANTS IN THE INTERNATIONAL PROGRAMS DEPARTMENT AT UNBOUND. EACH HAS RESPONSIBILITY FOR A NUMBER OF PROJECTS AND REVIEWS THE MONTHLY TRANSACTIONS AND REPORTS ON A REGULAR BASIS FOR TIMELINESS, ACCURACY, COMPLETENESS, AND COMPLIANCE WITH UNBOUND FINANCIAL AND PROGRAM POLICY. REGULAR FEEDBACK IS GIVEN TO THE PROJECTS. STAFF REPRESENTATIVES FROM THE UNBOUND HEADQUARTERS OFFICE TYPICALLY VISIT EACH PROJECT ON AN ANNUAL BASIS TO ASSESS PROGRAM AND ADMINISTRATIVE PERFORMANCE, VISIT PROGRAM BENEFICIARIES IN THEIR HOMES, AND PROVIDE SUPPORT AND TRAINING TO PROJECT TEAMS. FORMAL PERFORMANCE AUDITS ARE PERFORMED PERIODICALLY, TYPICALLY ONCE EVERY THREE YEARS. IN ADDITION, THE UNBOUND FINANCE DEPARTMENT HAS A TEAM OF FINANCIAL AUDITORS WHO AUDIT THE PROJECTS' INTERNAL CONTROLS, PROCESSES AND PROCEDURES, AND THE ACCURACY OF THEIR RECORDKEEPING. THEY HAVE ESTABLISHED A SCHEDULE FOR AUDITING EACH PROJECT ON A REGULAR BASIS. THESE AUDITS ARE PERFORMED THROUGH A COMBINATION OF ON-SITE WORK AT THE LOCAL PROGRAM OFFICE AND REMOTE WORK DONE AT OUR HEADQUARTERS OFFICE. UNBOUND HEADQUARTERS STAFF MEMBERS MONITORED THE ACTIVITY OF THE PROJECTS THROUGH CONFERENCE CALLS, WEBINARS, REVIEW OF FINANCIAL AND PROGRAM DOCUMENTS, AND FINANCIAL AUDITS. THE PROJECTS CONTINUE TO SUBMIT ALL DOCUMENTS AND REPORTS. THERE ARE OTHER PROCESSES, TOO, THROUGH WHICH UNBOUND IS ABLE TO MONITOR THE PROJECT PERFORMANCE AND ADHERENCE TO UNBOUND POLICIES. UNBOUND REQUIRES AN UPDATED ANNUAL PHOTO OF EACH SPONSORED MEMBER, AND HAS PROCESSES TO ASSURE THE AUTHENTICITY OF EVERY PHOTO. UNBOUND REQUIRES EACH SPONSORED MEMBER TO WRITE TO HIS OR HER SPONSOR AT LEAST TWICE EACH YEAR. THE LETTERS ARE REGULARLY REVIEWED ON A SAMPLE BASIS BEFORE BEING SENT TO SPONSORS. SPONSORS EAGERLY ANTICIPATE LETTERS FROM THEIR SPONSORED FRIENDS.
Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements	CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual
Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements	CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual
Schedule F, Part III Method used to account for expenditures on org's financial statements	CENTRAL AMERICA AND THE CARIBBEAN -Accrual EAST ASIA AND THE PACIFIC -Accrual NORTH AMERICA (CANADA & MEXICO ONLY) -Accrual SOUTH AMERICA -Accrual SOUTH ASIA -Accrual SUB-SAHARAN AFRICA -Accrual

Schedule F (Form 990) (Rev. 1-2025)

Additional Data

Software ID:	25022866
Software Version:	2025v4.2

- TIN:

SCHEDULE G (Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Supplemental Information Regarding
Fundraising or Gaming Activities

Complete if the organization answered "Yes" on Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. Attach to Form 990 or Form 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization
Unbound

Employer identification number

43-1243999

Part I

Fundraising Activities.Complete if the organization answered "Yes" on Form 990, Part IV, line 17.

Form 990-EZ filers are not required to complete this part.

Indicate whether the organization raised funds through any of the following activities. Check all that apply.

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and email solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

Did the organization have a written or oral agreement with any individual (including officers, directors, trustees

or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?

YesNo

If "Yes," list the 10 highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.

(i) Name and address of individual or entity (fundraiser)		(ii) Activity	(iii) Did fundraiser have custody or control of contributions?		(iv) Gross receipts from activity	(v) Amount paid to (or retained by) fundraiser listed in col. (i)	(vi) Amount paid to (or retained by) organization
			Yes	No
	GiveBridge 550 W Van Buren Suite 1100 Chicago, IL60607	In-person solicitations		No	304,590	732,109	-427,519









Total . . . . . . . . . . . . . . . . . . . .					304,590	732,109	-427,519

List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.

CA, CO, CT, DE, DC, FL, GA, AL, HI, ID, IL, IN, IA, KS, KY, LA, ME, AK, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, AZ, PR, RI, SC, SD, TN, TX, UT, VT, VA, AR, WA, WV, WI, WY

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 50083H

Schedule G (Form 990) (Rev. 1-2025)

Page 2

Part II

Fundraising Events. Complete if the organization answered "Yes" on Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.

		(a) Event #1 (event type)	(b) Event #2 (event type)	(c) Other events (total number)	(d) Total events (add col. (a) through col. (c))
1	Gross receipts . . . . .
2	Less: Contributions . . . .
3	Gross income (line 1 minus line 2) . . . . . .

4	Cash prizes . . . . .
5	Noncash prizes . . . .
6	Rent/facility costs . . . .
7	Food and beverages . . .
8	Entertainment . . . .
9	Other direct expenses . . .
10	Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . .
11	Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . .

Part III

Gaming. Complete if the organization answered "Yes" on Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.

		(a) Bingo	(b) Pull tabs/Instant bingo/progressive bingo	(c) Other gaming	(d) Total gaming (add col.(a) through col.(c))
1	Gross revenue . . . . .

2	Cash prizes . . . . .
3	Noncash prizes . . . .
4	Rent/facility costs . . . .
5	Other direct expenses . . .

Volunteer labor . . . .

	Yes %
	No

	Yes %
	No

	Yes %
	No

Direct expense summary. Add lines 2 through 5 in column (d) . . . . . . . . . .

Net gaming income summary. Subtract line 7 from line 1, column (d). . . . . . . . .

Enter the state(s) in which the organization conducts gaming activities:

Is the organization licensed to conduct gaming activities in each of these states? . . . . . . . .

YesNo

If "No," explain:

10a

Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? . . .

YesNo

If "Yes," explain:

Schedule G (Form 990) (Rev. 1-2025)

Page 3

Does the organization conduct gaming activities with nonmembers? . . . . . . . . . . .

YesNo

Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity

formed to administer charitable gaming? . . . . . . . . . . . . . . . . .

YesNo

Indicate the percentage of gaming activity conducted in:

The organization's facility . . . . . . . . . . . . . . . . . .

13a

An outside facility . . . . . . . . . . . . . . . . . . . .

13b

Enter the name and address of the person who prepares the organization's gaming/special events books and records:

Name

Address

15a

Does the organization have a contract with a third party from whom the organization receives gaming

revenue? . . . . . . . . . . . . . . . . . . . . . . . .

YesNo

If "Yes," enter the amount of gaming revenue received by the organization $ and the

amount of gaming revenue retained by the third party $ .

If "Yes," enter name and address of the third party:

Name

Address

Gaming manager information:

Name

Gaming manager compensation $

Description of services provided

Director/officer Employee Independent contractor

Mandatory distributions:

Is the organization required under state law to make charitable distributions from the gaming proceeds to

retain the state gaming license? . . . . . . . . . . . . . . . . . . .

YesNo

Enter the amount of distributions required under state law distributed to other exempt organizations or spent

in the organization's own exempt activities during the tax year $

Part IV

Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information. See instructions.

Return Reference

Explanation

Schedule G, Part I, Line 2b(v)

In 2025 Unbound partnered with a professional fundraising firm to conduct an in-person sponsorship acquisition campaign. Through this effort, Unbound gained over 1,000 new sponsorships. These sponsorships represent an ongoing relationship that is expected to generate recurring monthly contributions. The long-term value of the new sponsorships acquired is anticipated to provide revenue for several years to come, demonstrating that the fundraising campaign was a strategic and cost-effective investment.

Schedule G (Form 990) (Rev. 1-2025)

Additional Data

Software ID:	25022866
Software Version:	2025v4.2

- TIN:

Schedule J
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

Unbound

Employer identification number

43-1243999

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) (Rev. 1-2025)

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1ASHLEY HUFFT PRESIDENT/CEO (NON-VOTING)	(i) (ii)	328,301 ------------- 0	0 ------------- 0	414 ------------- 0	20,006 ------------- 0	22,318 ------------- 0	371,039 ------------- 0	0 ------------- 0
2MARTIN KRAUS TREASURER (NON-VOTING)/CFO	(i) (ii)	184,284 ------------- 0	0 ------------- 0	1,188 ------------- 0	11,395 ------------- 0	28,189 ------------- 0	225,056 ------------- 0	0 ------------- 0
3ANDREA EWING CHIEF OPERATING OFFICER	(i) (ii)	211,878 ------------- 0	0 ------------- 0	270 ------------- 0	13,242 ------------- 0	36,686 ------------- 0	262,076 ------------- 0	0 ------------- 0
4DAN WINHOLTZ PEARSON CHIEF INTERNATIONAL PROGRAM OFFICER	(i) (ii)	179,452 ------------- 0	0 ------------- 0	414 ------------- 0	11,100 ------------- 0	33,406 ------------- 0	224,372 ------------- 0	0 ------------- 0
5ROB MCELROY CHIEF TECHNOLOGY OFFICER	(i) (ii)	175,401 ------------- 0	0 ------------- 0	414 ------------- 0	10,963 ------------- 0	34,881 ------------- 0	221,659 ------------- 0	0 ------------- 0
6STEVEN MARTIN VICE PRESIDENT, TECHNOLOGY INFRASTRUCTURE	(i) (ii)	147,913 ------------- 0	0 ------------- 0	414 ------------- 0	9,214 ------------- 0	32,838 ------------- 0	190,379 ------------- 0	0 ------------- 0
7DEBORAH JOHNS CHIEF GROWTH OFFICER	(i) (ii)	200,000 ------------- 0	0 ------------- 0	180 ------------- 0	12,000 ------------- 0	1,166 ------------- 0	213,346 ------------- 0	0 ------------- 0

Schedule J (Form 990) (Rev. 1-2025)

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation

Schedule J (Form 990) (Rev. 1-2025)

Additional Data

Software ID:	25022866
Software Version:	2025v4.2

- TIN:

SCHEDULE M
(Form 990)

Department of the Treasury

Internal Revenue Service

Noncash Contributions

Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Attach to Form 990.
Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2025

Open to Public Inspection

Name of the organization

Unbound

Employer identification number

43-1243999

Part I

Types of Property

	(a) Check if applicable	(b) Number of contributions or items contributed	(c) Noncash contribution amounts reported on Form 990, Part VIII, line 1g	(d) Method of determining noncash contribution amounts
1 Art—Works of art ....
2 Art—Historical treasures .
3 Art—Fractional interests ..
4 Books and publications ..
5 Clothing and household goods .......
6 Cars and other vehicles ..
7 Boats and planes ....
8 Intellectual property ...
9 Securities—Publicly traded .		38	358,440	Market value
10 Securities—Closely held stock .
11 Securities—Partnership, LLC, or trust interests ....
12 Securities—Miscellaneous ..
13 Qualified conservation contribution—Historic structures .....
14 Qualified conservation contribution—Other ...
15 Real estate—Residential .
16 Real estate—Commercial ..
17 Real estate—Other ...
18 Collectibles .....
19 Food inventory ...
20 Drugs and medical supplies .
21 Taxidermy ......
22 Historical artifacts ....
23 Scientific specimens ..
24 Archeological artifacts ...
25 Other ( Cryptocurrency )	X	2	1,987	Market value
26 Other ( )
27 Other ( )
28 Other ( )

Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement

Yes

30a

During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which isn't required to be used for exempt purposes for the entire holding period? ...................

30a

If "Yes," describe the arrangement in Part II.

Does the organization have a gift acceptance policy that requires the review of any nonstandard contributions?

Yes

32a

Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash

contributions? ..........................

32a

Yes

If "Yes," describe in Part II.

If the organization didn't report an amount in column (c) for a type of property for which column (a) is checked,

describe in Part II.

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 51227J

Schedule M (Form 990) (2025)

Page 2

Part IISupplemental Information. Provide the information required by Part I, lines 30b, 32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.

Return Reference	Explanation
Schedule M, Part I	THE AMOUNTS LISTED IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS.
Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions	The Giving Block is used to facilitate the acceptance and then liquidation of cryptocurrency donations received.

Schedule M (Form 990) (2025)

Additional Data

Software ID:	25022866
Software Version:	2025v4.2

- TIN:

SCHEDULE O
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public
Inspection

Name of the organization

Unbound

Employer identification number

43-1243999

Return Reference	Explanation
Form 990, Part I, Line 1 BRIEF MISSION	WE MEASURE OUR GOALS AND THE IMPACT OF OUR WORK UNDER FIVE STRATEGIC PILLARS. PILLAR 1: ELIMINATE POVERTY THROUGH ECONOMIC SUPPORT AND GOAL SETTING. PILLAR 2: EMPOWER WOMEN THROUGH DIGNIFIED WORK AND DECISION MAKING. PILLAR 3: ADVANCE EDUCATION THROUGH RESOURCES AND MOTIVATION. PILLAR 4: BUILD COMMUNITY THROUGH GROUPS OF MUTUAL SUPPORT AND COMMUNITY-DRIVEN DEVELOPMENT PROJECTS. PILLAR 5: PROMOTE WELL-BEING OF ALL AGES THROUGH OLDER ADULT INCLUSION AND PSYCHO-SOCIAL SUPPORTS.
Form 990, Part III, Line 4a	Total grants for the sponsorship program were $110.15 million in 2025. At the end of 2025, a total of 256,530 individuals in Africa, Asia and Latin America were supported through Unbound. They included 224,730 children and youth, 31,619 elders and 181 candidates studying for the priesthood or religious life. Following are examples of achievements in the sponsorship program, as sponsored individuals and their families partnered with local Unbound teams to identify specific challenges they must overcome, set their own goals and formulate plans to achieve them. Unbound's sponsorship program connects sponsored individuals and their families with sponsors and supportive local communities of staff members and other families in three regions of the world: Africa, Asia and Latin America. Through sponsorship, individuals and families have resources and a solid support network to build their paths out of poverty. In 2025, Unbound had programs in 17 countries including Bolivia, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, India, Kenya, Madagascar, Mexico, Peru, the Philippines, Rwanda, Tanzania and Uganda.The organization concluded its outreach in the Dominican Republic in mid-2025. Sponsorship connects people across geographic, economic and social boundaries. It enables the development of relationships based on listening, encouragement and mutual respect. Sponsors - through their monthly financial contributions and communication they receive from their sponsored friends - can experience a sense of connection with someone in another part of the world and satisfaction knowing they are helping another person reach their inherent potential. Sponsors can also write to their sponsored friends to offer encouragement and build rewarding relationships. Unbound had 197,832 sponsors from the U.S. and around the world at the end of 2025. Sponsored individuals and their families partner with local Unbound teams to make program and benefit decisions that help them identify needs, set goals and develop their potential over the course of their time in the program. Sponsored individuals and their families use financial assistance to help meet needs such as education, nutrition, housing improvements, technology, transportation and health care. They also have access to leadership and economic development opportunities related to financial literacy, skill development and income generation. The flexibility of the program and Unbound's cash transfer method of benefit delivery allow families to use the funds to address their distinct priorities. Sponsorship requires active participation from families as the program is highly personalized. With support from social workers and other local Unbound staff, families take a central role in shaping the sponsorship program and forming support networks to encourage each other and hold each other accountable. Small support groups of parents and guardians, mostly made up of mothers, are at the heart of the sponsorship program and key to its success. Mothers are the primary leaders in Unbound. They know best when it comes to meeting their children's needs, and Unbound listens to them and learns from them. Mothers of sponsored children join small support groups of 15 to 30 members and often become leaders by serving their communities and planning program activities. Mothers participating in Unbound have taken advantage of micro-savings and credit opportunities to meet urgent family needs or start or boost small businesses to generate income. Parents have also formed cooperatives to meet community needs and provide income for members. Unbound's approach focusing on personal relationships has taught the organization how to do family-level micro-development through sponsorship. Sponsored individuals and families determine their own futures, while sponsors are connected through letter writing. Unbound seeks to go beyond transactional relationships to facilitate relationships built on mutual trust, respect, care and love. Outcomes of sponsorship vary but typically relate to education, improved health and nutrition status, dignified housing, skill and leadership development, and increased income through livelihood opportunities for families.
Form 990, Part III, Line 4a CONTINUED	Nine program characteristics Unbound's nine program characteristics are the fundamental attributes the organization strives to achieve in partnership with the individuals, families and communities it serves. They include empowerment, goal orientation, decentralized decision-making, capacity building, sustainability, economic self-sufficiency, mutual accountability and support, worldview and culture of learning. Monitoring and evaluation of programs Unbound is committed to learning from experience and ensuring that the organization's work makes a positive impact in the lives of children, youth, elders and families around the world. The organization asks two basic questions to earn donor trust and maintain a high standard of service: Did we do what we said we were going to do? This is program monitoring. Did it make a difference? This is program evaluation. Unbound distinguishes between monitoring and evaluation and maintains separate but complementary strategies. Monitoring: The principal purpose of monitoring is accountability. Monitoring keeps the organization accountable for its mission and strategic goals and measures the implementation and reach of its programs. Regular program monitoring is conducted to ensure fidelity in the organizational structure, development of programs, implementation of policies and the appropriate use of finances. Some of this monitoring happens across distance with regular communication and reporting, along with virtual meetings and conferences. Much of it happens with personal, on-site visits from Unbound's international headquarters staff, who traveled over 600 days in 2025. Unbound's monitoring activity includes: * Visits made annually to each project for staff development, program support and assessments * Financial audits conducted in each project * Program audits conducted in each project * Third-party legal assessments of program affiliates * Quality checks on letters, video messages and photos from sponsored friends to their sponsors * Tracking of member retirement rates and sponsor retention rates * Local programs collecting educational attendance and performance data and documenting the final educational levels achieved by sponsored members leaving the program * Group awareness trips and individual sponsor visits organized by Unbound provide opportunities for sponsors to meet their sponsored friends in person and see the difference their support makes. In 2025, 370 travelers participated in group awareness trips, with 397 sponsored friends receiving visits as part of 16 trips. Individual sponsor visits connected travelers with 27 sponsored friends. Governing board's role in monitoring outcomes On behalf of sponsored individuals, their families and Unbound sponsors and donors, the Unbound Governing Board thoroughly monitors the integrity and accountability of the organization's operations. The board proactively defines the outcomes expected from the organization. Management must then produce verifiable data proving progress toward the expected outcomes. With the board setting ethical and prudent limits, management chooses the appropriate means to achieve organizational ends. The board systematically monitors compliance with these executive limitations. In addition, the board regularly reviews progress toward quarterly, annual and multi-year strategic goals of the organization. As a result, the board confidently assures donors that their contributions achieve their promised objectives, and that the organization remains transparent and ethical. Evaluation: Learning is the focus of program evaluation, with over 30 professional evaluators on staff worldwide to assess progress. Unbound's commitment to outcomes-focused evaluation means looking beyond program outputs and activities to learn the results program participants experience. The organization has developed a three-tier system to evaluate outcomes of the sponsorship program to address learning and decision-making needs at all levels: individual, project/program and global. Individual outcomes: Poverty Stoplight Unbound is utilizing a methodology called Unbound's Goal Orientation powered by Poverty Stoplight to understand and communicate outcomes on an individual level. Poverty Stoplight is a mobile technology and social innovation platform developed by Fundacion Paraguaya that seeks to activate the potential of families and communities to lift themselves out of poverty. Using a survey of indicators across six dimensions of poverty - combined with personalized mentoring from staff - families identify and prioritize their needs, set clear goals, envision how to change their situations and continually evaluate their progress toward overcoming poverty. The methodology is not only a self-assessment survey but an intervention model, empowering families with the data and awareness to make decisions about their futures and engage support resources and effective solutions. Using Poverty Stoplight's standard dimensions also allows Unbound to understand the impact of our programs at a global level across different locations and contexts, and new programs may be developed at the community level in response to the similar priorities families identify. Using Unbound's Goal Orientation powered by Poverty Stoplight, which launched in 2020, sponsored families have completed 581,303 self-assessments tailored to their local realities to set personal goals and lead their families out of poverty. In 2025, there were 176,149 Poverty Stoplight surveys completed. One-to-One Communication Communication from sponsored individuals to their sponsors through letters or video messages provides direct feedback about how relationships and financial support make a difference. Sponsored children and youth, for example, often share about how they are progressing in school or how the financial support and other benefits of the program impact them and their families. In 2025, sponsored friends submitted 478,742 digital letters and 69,136 video messages for their sponsors, with 356,996 of the letters including additional photos beyond the required annual photo. Sponsors also have the option of writing to their sponsored friends to provide encouragement and share about their own lives. In 2025, there were 144,402 sponsor e-letters delivered to sponsored friends. Program outcomes: Programs at the project level are tailored to the needs of sponsored individuals and their families and the initiatives of Unbound in their communities. Families work with program staff to define and measure outcomes and utilize the results for continuous program improvement. With training and technical support from the evaluation team, these locally directed evaluations ask questions like: What is the program accomplishing? How are families different now? What could we do better? With 31 local evaluators bringing community-level expertise, Unbound programs around the world conduct evaluations in their contexts to study and report outcomes for sponsored members and their families. Methods include surveys of sponsored members on income and skill development, focus groups on attitudes and behavioral changes, interviews to document empowerment, mapping to capture the intended and unintended outcomes of programs, case studies to highlight success stories of entrepreneurs, and review of educational records of scholarship students to track career preparedness.
Form 990, Part III, Line 4a CONTINUED	Global outcomes: As an international organization, Unbound also recognizes the need to step back periodically and look at the big picture. Global evaluations explore questions of organizational outcomes for all program participants across borders and regions. These broad assessments help us tell our collective story and understand the effectiveness of our approach in key areas such as educational attainment, economic self-sufficiency, agency of Unbound families, entrepreneurship initiatives and achievements, empowerment of mothers and community participation. Each tier of our evaluation framework is important to understanding the whole of Unbound's impact and its complex contribution to individual goals around the world. Evaluation methods In 2021, Unbound engaged with The Canopy Lab, a consultancy firm, to conduct an external evaluation to better understand if the Unbound sponsorship program helps families exit economic poverty. The Canopy Lab designed a mixed-methods study that was administered in five program sites around the world. The Canopy Lab's analysis showed positive results in four of the five sites regarding a decrease in poverty over length of time of participation in the program. The fifth site yielded more complex results indicating increased perceptions of resilience in households with longer participation in the program; however, further analysis was needed to better understand the overall economic impact on families. Overall, longer participation in the program was found to have an association with a greater sense of ability to weather shocks like COVID-19. Another consistent finding was the higher likelihood of saving with participation in Unbound. A higher proportion of Unbound families engaged in savings compared to their communities. Moreover, for those households who did report engaging in savings, the evaluation found that families that have been in the program longer were less likely to save toward basic needs and more toward non-basic, goal-oriented and long-term needs. These encouraging signs regarding savings show concrete potential to improve the next generation's chances of exiting economic poverty. 5 strategic pillars of impact In 2024, in consultation with program partners around the world, Unbound defined five key strategic pillars of impact: eliminating poverty, empowering women, advancing education, building community and promoting the well-being of all ages. These pillars are the focal points of Unbound's 2025-30 strategic plan. Examples of program success Eliminate poverty Unbound works collaboratively to eliminate multidimensional poverty in the households of its program participants. As families identify their priorities, Unbound provides the resources and support they need to achieve their goals. Unbound's greatest impact in eliminating multi-dimensional poverty comes from the sponsorship program, where families receive direct cash transfers that they can use as they see best to meet their needs. Because our program model focuses on participant-led solutions to poverty, we put the decision-making power in the hands of the families we serve, centering their voices. Once a child or youth is sponsored, their family begins using Unbound's Goal Orientation powered by Poverty Stoplight. This process is about structured reflection, goal setting and action planning on the part of the family. Cash transfers With the introduction and adoption of individual bank account models, the vast majority, about 98%, of participating households have direct control over their personal benefits. Cash transfers promote dignity and create greater economic stability for families as they decide how and when to use their financial support. In 2025, $84.12 million in direct cash transfers went to individual accounts. Families achieving goals Using Unbound's Goal Orientation powered by Poverty Stoplight, sponsored families have reported over 1.3 million achievements over the last four years, making personal improvements in such areas as housing, health and employment. Economic outcomes of families In 2022, Unbound concluded a six-year longitudinal data collection on economic outcomes for sponsored members and their families. The evaluation included both quantitative and qualitative data and followed families from the time they began in the program. As part of the final year of data collection, participating families were also invited to reflect on their experiences and journeys by reviewing the highlights of the data collected in the past six years. Final analysis of this longitudinal study was initiated in 2023, and data trends and patterns from all study sites showed that the probability of Unbound families living in poverty had a declining trend from the first year to the sixth year of participation in the program. A 2025 analysis of achievements measured by Poverty Stoplight demonstrated progress in all dimensions between baseline and follow-up surveys, with the dimension of Income & Employment marking the greatest improvement globally by nearly 8 percentage points in green indicators. This reflects advances in job access, savings and financial resilience. Story of impact Setting goals with Poverty Stoplight: At 40 years old, Debora dreamed of a home of her own for herself and her son, Hamilton, in their rural Guatemalan community. An elementary school teacher and embroiderer, she had raised 17 year old Hamilton while living with her parents and grandmother and believed a home was beyond her reach. But taking the Poverty Stoplight survey helped her gain a better understanding of her situation and visualize a clear path forward. She set goals and started a small business selling chickens. Just over a year later, using savings from Hamilton's sponsorship and income from their business, Debora built a 387 square foot, two room home. Now confident in her progress, she has already set new Poverty Stoplight goals to obtain running water at her home and add rooms. Empower women Women and mothers participating in Unbound programs are empowered with financial resources and a supportive community. Funding accelerates their success as entrepreneurs and their ability to generate sustainable income for their families, while community support helps them develop self-confidence and leadership skills. Unbound believes mothers are the real experts in international development because they know their families and communities better than anyone. Put decision-making power in the hands of a mother, and she'll make a way to lead her family from poverty. By expanding access to banking and financial services for women, and promoting entrepreneurship and community engagement, both families and communities alike benefit from women's full, equitable participation in society. In one of Unbound's recent global program evaluations, 87% of active mothers reported that they believe they can make important decisions that change the course of their life. Unbound has several strategies that support the empowerment of mothers. Mothers have access to their child's sponsorship benefits via cash transfers. They take financial decision-making into their hands as local Unbound staff support them to set and work toward goals that benefit the entire family. To accelerate the success of female entrepreneurs, Unbound also awards grants to small businesses owned and operated primarily by women. Unbound mothers groups introduce mothers to a support network of like-minded women in their community. Here, they provide mutual accountability for reaching their goals, find improved access to learning and financial resources, and engage in small group savings and loans. Together, they work toward identifying problems in their communities and implementing solutions with the financial backing of small community development grants awarded to them by Unbound.
Form 990, Part III, Line 4a CONTINUED	Support in small groups Mothers groups were first established in India in 2001 and have grown organically across Unbound programs around the world. There are over 11,000 active Unbound mothers groups worldwide. These groups are mostly made up of and led by the mothers of sponsored children. The groups serve as spaces where women encourage and support each other while holding each other accountable. In a 2025 Unbound global evaluation, women reported they grew in confidence and self-esteem through participation in these groups. Nearly 35% of the women evaluated held a leadership position in their group, developing their leadership and public speaking skills. Financial resources Women participating in Unbound programs have access to financial resources: Many women open a bank account for the first time to manage their cash transfers. Seventy percent of the women Unbound works with in Guatemala have a bank account registered in their name, compared to only 24% of women with children on the waitlist. Ninety-one percent of Unbound small business support grants were awarded to women (mothers, aunts or grandmothers of sponsored children) in 2025, with a total of $183,107 awarded. According to one of Unbound's global evaluations, participation in mothers groups in Lima, Peru, is associated with a 20-percentage-point increase in entrepreneurship after two to five years. Unbound participants worldwide have formed 641 cooperatives, including credit and multi-purpose co-ops, which are largely managed by mothers. In Nairobi, 60% of sponsored women accessed credit in the past year, compared to only 34% of women with children on the waitlist. Combined total savings of $6.2 million is held largely by mothers in Unbound's small groups and cooperatives, and available for families to access microloans for business capital or other needs. Story of impact Innovative solutions to poverty: A collective of mothers in Unbound's programs in Africa, Asia and Latin America were empowered to review and select grant proposals funded by a new $500,000 Innovation Fund. This milestone placed mothers, as trusted community leaders, at the forefront of shaping sustainable solutions to poverty. Approximately 10-12 grants ranging from $20,000-$60,000 were awarded for initiatives addressing urgent needs that had been identified by the very people experiencing them. Approved proposals included such things as funding for an agricultural school in El Salvador, creating a water supply system for a community in Guatemala, skills development and certification for marginalized women in Tamil Nadu, India, and equipping a technical center for children with special needs in Tanzania. Advance education Through resources and motivating support services, marginalized children and youth are able to increase their educational attainment levels to above national averages. Unbound sponsorship improves access to education and continuity through supporting sponsored children's transition to different levels of education, especially secondary to tertiary levels. * In Bhagalpur, India, 82% to 94% of sponsored children completed secondary or higher education at the point of retirement from the program. * In Delhi, India, over 90% of the sponsored youths either enrolled in higher education, are preparing for competitive exams or transitioning to work. * In Bhagalpur, school dropout rates declined significantly over time (from 16.7% to 6.4% in three years). * In Nairobi, Kenya, 94% of youth aspired to college/university education; nearly all set and actively followed educational goals. * In Kisumu, Kenya, over 90% of sponsorship funds were directed to education and learning materials. * Remedial and supplementary education in Delhi consistently improved attendance, engagement, confidence and academic outcomes. Story of impact Keeping futures bright: Josias lost his mother to a terminal illness at age 4. He never knew his father, and an aunt in rural Guatemala, Silvia, took him in. Now 10, Josias has dreams of becoming a teacher, and Silvia is determined to support his education, though her embroidery work provides only a small income. When Josias was sponsored a little over a year ago, it motivated him to work harder in school. The monthly support now covers his school expenses, and Silvia has saved some for his future studies. Josias' strong grades earned him the title of "distinguished student, he serves as his school's flag bearer. Build community Unbound's community support groups, largely led by mothers and referred to as mothers groups, provide a network of support and accountability for families. These groups are where the potential to drive change - at the individual, family and community levels - is activated. Mothers build their confidence as leaders in these groups, realize their potential and find their voice. Community-led solutions to poverty Unbound's Agents of Change grants are utilized by the small groups to address problems in their communities. Working together, group members learn how to write grant proposals, engage with local leaders, manage budgets and implement initiatives that make their communities safer, healthier and more accessible places for all. These grants have a multiplying effect, as they often motivate additional investment from governments, schools, community members and local businesses. From improving school classrooms and building sanitary latrines, to making water more accessible and parks safer, Agents of Change initiatives multiply Unbound's impact to include whole communities. By activating mothers as changemakers, a more sustainable outcome in community development can be achieved into the future, even without the presence of Unbound, and extend to influence the broader society. With 2025 as the second full year Agents of Change was active in all Unbound programs and available online as a donor choice, 521 initiatives were completed with $742,413.04 in funding disbursed to programs and an estimated 278,341 families impacted by initiatives in their communities. Benefits of community participation Beyond the benefits the communities received from completed projects, a 2020 internal evaluation of participating groups reported experiencing an increase in psychological assets of agency. There is a significant increase felt in community inclusion after the completion of projects. Participants also have significantly more interaction with people from other social groups and significantly fewer perceived restrictions to socialization than people who did not participate in the Agents of Change grants. Story of impact Supporting healthy families: Women in the rural Ntumburi community of Meru, Kenya, had been traveling nearly 5 miles for prenatal and postnatal care because the local clinic lacked basic services like vaccinations. With transportation costs out of reach for most, many expectant and new mothers went without protection from preventable diseases. In 2024, an Unbound mothers group called "Blessings" submitted an Agents of Change proposal addressing the need, and it was funded by a generous donor honoring the memory of his late wife. The group purchased a certified vaccination refrigerator for the clinic, which allowed it to offer a wide range of vaccinations for tetanus, measles, typhoid and other diseases. The initiative has benefited an estimated 2,000 families, helping ensure healthier mothers, infants and children.
Form 990, Part III, Line 4a CONTINUED	Promote well-being of all ages Unbound is the largest U.S.-based international development organization offering sponsorship of older adults, working with over 30,000 individuals aged 60 and older globally. The organization is strategically positioned to respond to challenges of a demographic shift toward an increasingly aging population resulting from improvements in global health care and declining birthrates. Unbound's goal is to find innovative and cost-effective solutions that can, in the future, be replicated by other public and private institutions to answer these demographic challenges. Though Unbound's elder program shares similar characteristics with its child and youth sponsorship model, sponsored elders have not been as deeply integrated into the education, economic and goal-setting initiatives that are hallmarks of the organization's impact with other age groups. When surveyed, the most frequently cited challenges elders in Unbound programs face include adjusting to an increase in their health and medical needs as they age and finding ways to deal with declining mental health spurred by isolation or neglect. With access to sponsorship benefits via direct cash transfers, sponsored elders are being guided to set goals in areas that promote their well-being. They are making improvements in their nutrition, housing and access to health services, among other areas. Unbound continues to see ways to work with elders to further strengthen their immediate care networks and reduce feelings of loneliness or isolation. The organization is adapting Unbound's Goal Orientation powered by Poverty Stoplight methodology and its small-group model to include dependent older adults and their caregivers. In 2025, more than 700 Unbound solidarity groups shared learning and mutual support specifically for older adults and their caregivers. Evaluating programs for older adults Elders in communities where Unbound works face challenges related to health, access to care and medicine, and loneliness. Unbound seeks to overcome these challenges through benefits that provide resources for food, help with health and medical expenses, home visits and group activities. In 2025, the program in Guatemala evaluated its targeted interventions for the social support of older adults, finding that trainings and group activities were attended at a rate of 74% by caregivers to support their elderly family members. These interventions improved caregivers' skills, and the application of learnings strengthened emotional connections with the older adults. Over half the population of older adults also demonstrated positive emotional health scores and high self-esteem. Diabetes pilot program Unbound and Nebraska-based nonprofit Chronic Care International in 2023 launched the first of a two-phase noncommunicable disease study focused on improving the health of diabetes patients in the Philippines who are living in poverty. The pilot program established a low-cost model of patient-centered care for elders living with diabetes. The program provides medication, monitoring, education and community support for the participating sponsored elders. Results continue to be monitored and patient outcomes have exceeded expectations, with 92% of program participants successfully managing their diabetes. Story of impact Embracing life: Sponsored elder Guillermo, 72, found strength through family and support for managing his Type II diabetes. He is a part of a noncommunicable disease pilot program in the Philippines, which is working to establish a global health care model for the practical management of diabetes for people living in poverty in developing countries. In addition to receiving regular checkups and free medication, Guillermo has made many positive lifestyle changes - he stopped smoking, avoids consuming soft drinks, lessens his food intake and monitors his blood-sugar levels - helping him to embrace life and enjoy time with his family. Feedback from sponsors Unbound offers a practical way for sponsors, donors and volunteers to make a personal and direct impact as partners in a global community. Through walking with a child and family, youth, elder or community on their path out of poverty, supporters have an opportunity to expand their worldviews and be part of creative solutions to poverty. Unbound recognizes sponsors and other supporters not only as donors but, first and foremost, as full partners who make a direct impact and transform lives in a global community of compassion. Both sponsors and sponsored individuals have much to gain from the sponsorship relationship, and toward that end Unbound is committed to helping sponsors become more aware of the realities of global poverty and grow in human solidarity. On an ongoing basis, Unbound surveys sponsors about their sponsorship experience. In 2025, the results were: * 91% indicated they were either very satisfied (62%) or satisfied (29%) - Satisfaction survey given to current sponsors. * 91% indicated they were either very satisfied (68%) or satisfied (23%) - Exit survey given to exiting sponsors. For the Sponsor Satisfaction Survey, 98% of sponsors indicated that sponsorship had made an impact on them in ways such as informing their worldview, having the chance for a practical way to help someone in need and enrichment of their lives, among other impacts. This question is also on the exit survey, where 99% of exiting sponsors indicated that sponsorship has impacted them by informing their worldview, having the chance for a practical way to help someone in need and enrichment of their lives, among other impacts. Unbound also asked sponsors how likely they would be to recommend the organization to a friend or colleague. Survey responses from the satisfaction survey in 2025 yielded a "Net Promoter Score" in the "Excellent" range. Likewise, survey responses from the exit survey in 2025 yielded a "Net Promoter Score" in the "Favorable" range. The metric is commonly used by companies and organizations to gauge loyalty. Yet another indicator of a quality sponsor experience is the number of people - 32,171 at the end of 2025 - who sponsor more than one child, youth or elder through the organization. Perhaps the most significant indicator of a quality sponsor experience is that Unbound maintains a high sponsor retention rate. Unbound ended 2025 with a sponsor retention rate of 92%.
Form 990, Part III, Line 4b	Following are examples of achievements in the Unbound Scholarship Program. Unbound's founders believed that people living in poverty have ideas, skills and leadership capabilities to confront the challenges they face, and with access to resources and a supportive community, they could succeed. The Unbound Scholarship Program is one way that vision is being realized today. The Unbound Scholarship Program supports the advancement of education for both sponsored and non-sponsored individuals. The program exists to make higher education, vocational or technical skills training more accessible to marginalized, aspiring youth and adult learners, including mothers of sponsored children. As scholars, students not only receive financial support to reach their academic potential, but also opportunities to develop their soft skills, act as role models and be servant leaders in their communities. The scholarship program assists students from underserved communities with resources to pursue secondary, post-secondary and vocational education. Along with academics, the program focuses on service to the community and leadership development. It includes a selection process for applicants that recognizes students with financial need who demonstrate a participatory attitude, perseverance, commitment to service and a desire to be leaders in their communities. While education reduces poverty, its cost can be prohibitive. Many students must choose between paying for school and using the income they earn from part-time or full-time work to provide for their families. This leads to higher dropout rates at each level of school. Unbound scholarships make an education that was once out of reach accessible. Scholarships help students in communities around the world achieve their educational goals, follow their chosen career paths and serve the larger community. In 2025, scholarship grants to Unbound program sites totaled $3.9 million. Scholarships were awarded to 8,886 students in Bolivia, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, India, Kenya, Madagascar, Mexico, Peru, the Philippines, Rwanda, Tanzania and Uganda. Scholarships help with needs such as tuition and other school fees, technology, internet access, transportation, books and supplies. Students contribute what they can toward their educational costs, as Unbound scholarships are intended as supplemental assistance. The percentage of educational costs covered by the scholarship amount varies depending on location. Many scholars are Unbound sponsored youth who need financial help in addition to sponsorship support to complete their educations. In 2025, 55% of scholarship students were also sponsored. Qualified non-sponsored students are eligible for scholarships and represent 45% of those receiving awards. Unbound scholars participate in community service as part of the program. Examples of service may include tutoring children, teaching literacy and health workshops, planning activities for elders, helping with correspondence between sponsored children and their sponsors, providing technology expertise, and performing office work or other tasks related to their fields of study. Mothers of sponsored children have also been recipients of Unbound scholarships. In the Telangana program in India, for example, many mothers expressed regret that they didn't have opportunities to continue their studies when they were growing up. As a result, in 2022 the staff created the innovative Kalala Sakaram Scholarship Program for mothers of sponsored or formerly sponsored children. "Kalala Sakaram" in the Telugu language means "Dreams Come True." In 2023, the program had 42 mothers participating and striving to meet their educational goals. A number of former scholars have joined Unbound as staff members after they graduated. They bring to their work a wealth of knowledge and a special perspective on the program and their communities. In addition, it has been noted that some former scholars, because of their experiences in the scholarship program, have been inspired to choose career paths that contribute to the social and economic development of their communities (or rather are service-oriented). Students are choosing careers such as those in the fields of social work, psychology, education, health care and working with nonprofit organizations.
Form 990, Part III, Line 4b CONTINUED	Monitoring program success Scholars are required to maintain good grades in addition to fulfilling program requirements. Local Unbound teams monitor students to make sure they are meeting requirements. They also provide annual reports on the scholarship programs in their areas. Examples of program success Nineteen local-level evaluations of the scholarship program have been conducted since 2019. These evaluations utilized a variety of methods, combining quantitative surveys, qualitative interviews, focus groups and archival data reviews. Most evaluations aimed to assess the impact of scholarship programs on academic performance, leadership development, community engagement and personal growth. Academic Performance Most scholars meet academic performance requirements, though several programs noted challenges with collecting and reporting grades or standardized measures of performance. In Santa Ana, El Salvador, 82% of students met academic criteria, and in La Paz, Bolivia, 88% felt the scholarship helped them complete their studies. In Honduras, 66% reported being "very satisfied" with their academic progress, and in Guatemala most scholars met the minimum grade criteria. In Cartagena, Colombia, 92% of scholars showed high academic performance and 99% completed the academic term. Service Commitment and Community Impact Scholars consistently reported that community service enhanced their leadership, confidence and social skills - e.g., Cartagena, La Paz and Zamboanga, Philippines. Community members expressed appreciation for service projects undertaken by the students, such as tutoring younger kids in the community. In Legazpi, Philippines, 95% of community service supervisors rated the students' contributions there as impactful and relevant to the organizations they volunteered with. However, barriers to completing the required service included academic workload, distance and unclear expectations (Madagascar; Zamboanga). Leadership and Personal Development Evaluations highlighted growth in leadership, empathy and social responsibility. In Santa Ana, 97% said service helped prepare them for professional life. In Zamboanga, 80% of scholars performed service aligned with their skills and interests, enhancing career readiness. In Costa Rica, 57% of community members reported that they perceive and rely on scholarship students as leaders in their communities. In addition, 61% reported being motivated and encouraged by the activities, projects and behaviors of scholars. In terms of personal development, scholars noted that community service helped them cultivate empathy, build connections and increase their awareness of others. Seventy-eight percent of scholars in Antioquia, Colombia, reported an improvement in self-awareness and personal well-being since they started the scholarship program. Stories of impact Scholars at work in their communities: For many living in poverty across the globe, ambitions often take a back seat to immediate, pressing needs like food, shelter and medical care. Expanding access to education is key to reducing global poverty. Unbound scholars are given the opportunity to pursue careers that can be life-changing, while developing important leadership skills and giving back to their communities. Education and skills development increase job readiness: No matter one's age or stage of life, whether sponsored through Unbound or not, participants in the Unbound Scholarship Program can realize their dreams of an education and a better life for themselves and their families. While completing their educations - whether for secondary school, vocational training or higher education - scholars also complete meaningful leadership development and service-learning activities that set them up to be leaders in their communities. For James Musyoki, sponsorship and a scholarship helped him to realize his dream to one day be able to support himself financially. A scholarship helped James with school and transportation fees and rent during college. After graduation, he secured a role as a social worker with Unbound's Nairobi program in Kenya, giving him the opportunity to serve his community and empower other families to become self-sufficient. As a child, Jonathan often accompanied his father, who was an electrician, to work, and this is how his passion for electricity and electronics formed. Determined to overcome the poverty he experienced growing up, he attended ITCA-FEPADE School of Engineering in El Salvador, utilizing scholarship funds to study as a technician in electrical engineering. Today, Jonathan, works in various areas of the electrical trade, including installing photovoltaic (PV) systems, a growing industry in El Salvador. May, a mother of six and food vendor in the Philippines, wanted to secure a better livelihood for her family. With encouragement from local Unbound staff and a scholarship, she returned to secondary school to complete 12th grade. She enrolled in college and prepared to earn a Bachelor of Science in information technology. She is proud to be a positive example to her children, showing that education is important at any age. Nancy, the middle of five siblings, was in her final year of high school in Guatemala and determined to become the first in her family to attend college. She believes that without support from Unbound's scholarship program, continuing her education wouldn't have been possible. As a scholarship student, she gained leadership skills through workshops and community service. Nancy volunteered with fellow scholars to keep their community clean by collecting and recycling trash, all experiences that taught her the value of giving back.
Form 990, Part VI, Line 15b PROCESS TO ESTABLISH COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES	THE COMPENSATION FOR THE OTHER OFFICERS (TREASURER AND SECRETARY), AS WELL AS ALL OTHER EMPLOYEES, IS DETERMINED THROUGH A COLLABORATIVE PROCESS INVOLVING HR-LED TALENT REVIEWS AND EMPLOYEE'S DIRECT MANAGEMENT TEAM. THESE DECISIONS FOLLOW UNBOUND'S ESTABLISHED COMPENSATION FRAMEWORK AND PLANNING GUIDELINES. ALL COMPENSATION ADJUSTMENTS ARE PLANNED, APPROVED, AND DOCUMENTED WITHIN THE ADP WORKFORCE NOW COMPENSATION MODULE.
Form 990, Part VI, Line 11b Review of form 990 by governing body	AN INDEPENDENT ACCOUNTING FIRM PREPARES THE 990. THE 990 IS THEN REVIEWED BY THE ORGANIZATION'S PRESIDENT/CEO AND FINANCE PERSONNEL. ANY QUESTIONS AND/OR CONCERNS THE ORGANIZATION'S PRESIDENT/CEO AND FINANCE PERSONNEL HAVE ARE ADDRESSED AND ALL NECESSARY CORRECTIONS OR CLARIFICATIONS ARE MADE. THE 990 IS THEN PROVIDED TO THE FULL BOARD FOR THEIR REVIEW. ANY QUESTIONS AND CONCERNS OF THE BOARD ARE ADDRESSED AND CORRECTIONS OR CLARIFICATIONS ARE MADE PRIOR TO FILING THE 990.
Form 990, Part VI, Line 12c Conflict of interest policy	ALL BOARD MEMBERS ANNUALLY DISCLOSE THEIR INVOLVEMENT WITH OTHER ORGANIZATIONS, COMMUNITIES, EMPLOYMENT, STAFF, VENDORS OR ANY OTHER ASSOCIATIONS THAT MIGHT POTENTIALLY PRODUCE A CONFLICT, REGARDLESS OF THE LIKELIHOOD OF AN ACTUAL CONFLICT ARISING. NEW BOARD NOMINEES ALSO COMPLETE A DISCLOSURE FORM. WHEN THE BOARD IS TO DECIDE AN ISSUE THAT PRESENTS AN UNAVOIDABLE CONFLICT OF INTEREST FOR A MEMBER, THE MEMBER WITH THE CONFLICT ABSTAINS FROM PARTICIPATION IN BOTH THE DELIBERATION AND VOTE. ALL EMPLOYEES ANNUALLY SIGN A RECEIPT AND ACKNOWLEDGEMENT OF UNBOUND'S EMPLOYEE MANUAL. THE CODE OF CONDUCT WHICH FORBIDS A CONFLICT OR THE APPEARANCE OF A CONFLICT BETWEEN THE EMPLOYEE'S PERSONAL INTERESTS AND THOSE OF UNBOUND IS PART OF THAT REVIEW. THE EMPLOYEE'S SIGNATURE ACKNOWLEDGES THEIR AGREEMENT TO ADHERE TO THIS CODE AND TO IMMEDIATELY DISCLOSE A SUSPECTED CONFLICT OF INTEREST TO THE PRESIDENT & CEO, PEOPLE EXPERIENCE TEAM, OR CONFIDENTIALLY THROUGH UNBOUND'S INDEPENDENT REPORTING SERVICE.
Form 990, Part VI, Line 15a Process to establish compensation of top management official	The compensation for the President/CEO was reviewed and determined at the July 2025 meeting of the Board of Directors. Prior to the discussion, the President/CEO and non-voting members of the Board excused themselves from the meeting. Before the meeting, the Vice President of People Experience provided the voting directors with relevant compensation data to support their determination. Using Comp Analyst, an independent compensation subscription platform, the Board reviewed market data for comparable positions. The Board also considered other factors such as compensation of executives at similar sponsorship organizations, as well as the President/CEO's performance evaluation. Following the review, the voting directors approved the annual salary for the President/CEO. Documentation supporting the Board's decision was retained by the People Experience department. At the October 2025 Board of Directors meeting, the Board determined that the timing of the President/CEO compensation review would be changed from July to January beginning in 2026. This adjustment aligns the President/CEO compensation review with the organization-wide annual compensation review cycle.
Form 990, Part VI, Line 19 Required documents available to the public	UNBOUND'S ARTICLES OF INCORPORATION, AUDITED FINANCIAL STATEMENTS, BY-LAWS AND CONFLICT OF INTEREST POLICY ALONG WITH IRS FORMS 1023, 990 AND 990-T ARE AVAILABLE FOR INSPECTION AT OUR OFFICES. UNBOUND'S AUDITED FINANCIAL STATEMENTS AND IRS FORMS 990 AND 990-T ARE POSTED ON OUR WEBSITE (WWW.UNBOUND.ORG). PRINTED COPIES ARE AVAILABLE UPON REQUEST.
Form 990, Part XI, Line 9 Other changes in net assets or fund balances	CHANGE IN UNINSURED ANNUITY OBLIGATIONS - -64667; UNREALIZED GAIN/LOSS ON FOREIGN CURRENCY - 6171; Total - -58496;

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) (Rev. 1-2025)

Additional Data

Software ID:	25022866
Software Version:	2025v4.2

- TIN:

SCHEDULE R
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

Unbound

Employer identification number

43-1243999

Part I

Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity

Part II

Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)UNBOUND COLOMBIA BRANCH CALLE 50 NO 65-42 CENTRO CONT MEDELLIN,ANTIOQUIA CO 90-1091198	PROJECT SUPPORT	CO	501(c)(3)		UNBOUND	Yes
(2)UNBOUND PHILIPPINES BRANCH Unit 212 Westria Residences 77 West Avenue Quezon City RP 20-2003725	PROJECT SUPPORT	RP	501(c)(3)		UNBOUND	Yes

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) (Rev. 1-2025)

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	Yes	No

Schedule R (Form 990) (Rev. 1-2025)

Page 3

Part V

Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................

b Gift, grant, or capital contribution to related organization(s) ............................

Yes

c Gift, grant, or capital contribution from related organization(s) ............................

d Loans or loan guarantees to or for related organization(s) ............................

e Loans or loan guarantees by related organization(s) ............................

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

k Lease of facilities, equipment, or other assets from related organization(s) ......................

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

m Performance of services or membership or fundraising solicitations by related organization(s) .................

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

o Sharing of paid employees with related organization(s) ............................

p Reimbursement paid to related organization(s) for expenses ............................

q Reimbursement paid by related organization(s) for expenses ............................

r Other transfer of cash or property to related organization(s) ............................

s Other transfer of cash or property from related organization(s) ............................

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved
(1) UNBOUND COLOMBIA BRANCH	B	523,249	CASH
(2) UNBOUND PHILIPPINES BRANCH	B	280,855	CASH

Schedule R (Form 990) (Rev. 1-2025)

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Schedule R (Form 990) (Rev. 1-2025)

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R. See instructions.

Return Reference	Explanation

Schedule R (Form 990) (Rev. 1-2025)

Additional Data

Software ID:	25022866
Software Version:	2025v4.2

1	Briefly describe the organization’s mission or most significant activities: Unbound's mission is to support families and communities worldwide on their self-directed paths out of poverty. (Continued on Schedule O)
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	12
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	12
5	Total number of individuals employed in calendar year 2025 (Part V, line 2a) ......	5	117
6	Total number of volunteers (estimate if necessary) .............	6	3,542
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	131,911,191	133,332,977
9	Program service revenue (Part VIII, line 2g) .........	407,643	505,854
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	4,080,352	3,406,576
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	280	289
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	136,399,466	137,245,696
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	113,143,301	114,080,540
14	Benefits paid to or for members (Part IX, column (A), line 4).....		0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	11,793,210	12,370,177
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	2,305	732,109
b	Total fundraising expenses (Part IX, column (D), line 25) 8,832,184
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	7,495,301	7,930,328
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	132,434,117	135,113,154
19	Revenue less expenses. Subtract line 18 from line 12.......	3,965,349	2,132,542
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	90,966,050	94,358,023
21	Total liabilities (Part X, line 26).............	1,904,882	1,456,863
22	Net assets or fund balances. Subtract line 21 from line 20.....	89,061,168	92,901,160

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 117,500,770 including grants of $ 110,153,765 ) (Revenue $ 505,854 )
	SPONSORSHIP - SEE SCHEDULE O

4b	(Code: ) (Expenses $ 4,185,365 including grants of $ 3,926,775 ) (Revenue $ 0 )
	SCHOLARSHIP - SEE SCHEDULE O

4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses121,686,135

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)		(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(18) DAN WINHOLTZ PEARSON........................................................................ CHIEF INTERNATIONAL PROGRAM OFFICER	45.0 .......................0.0	X	179,866	0	44,506
(19) DEBORAH JOHNS........................................................................ CHIEF GROWTH OFFICER	45.0 .......................0.0	X	200,180	0	13,166
(20) ROB MCELROY........................................................................ CHIEF TECHNOLOGY OFFICER	45.0 .......................0.0	X	175,815	0	45,844
(21) STEVEN MARTIN........................................................................ VICE PRESIDENT, TECHNOLOGY INFRASTRUCTURE	45.0 .......................0.0	X	148,327	0	42,052

1b	Sub-Total..............
c	Total from continuation sheets to Part VII, Section A..
d	Total (add lines 1b and 1c).........	1,524,819	0	319,959

1a	Federated campaigns..		1a	52,052
b	Membership dues..		1b
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e

f	All other contributions, gifts, grants, and similar amounts not included above		1f	133,280,925

g	Noncash contributions included in lines 1a - 1f:$		1g	360,427

h Total. Add lines 1a-1f.......		133,332,977

		Business Code
2a	AWARENESS TRIPS	900099	505,854	505,854
b
c
d
e
f	All other program service revenue.		0	0	0	0
g	Total. Add lines 2a–2f .....		505,854

3 Investment income (including dividends, interest, and othersimilar amounts) ......			3,085,905			3,085,905
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
			(i) Real	(ii) Personal
6a	Gross rents	6a
b	Less: rental expenses	6b
c	Rental income or (loss)	6c	0	0
d	Net rental income or (loss).......
			(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7a	34,948,191
b	Less: cost or other basis and sales expenses	7b	34,627,520
c	Gain or (loss)	7c	320,671	0
d	Net gain or (loss).........			320,671			320,671
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..			0
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..

Business Code
11a	Miscellaneous Income		900099	289			289
b
c
d	All other revenue ....			0	0	0	0
e	Total. Add lines 11a–11d ......			289
12	Total revenue. See instructions.....			137,245,696	505,854	0	3,406,865

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............	114,080,540	114,080,540
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........	732,946	92,762	547,422	92,762
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	8,943,494	4,222,223	1,159,038	3,562,233
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	523,667	237,530	57,498	228,639
9	Other employee benefits .......	1,464,787	698,444	169,827	596,516
10	Payroll taxes ...........	705,283	317,980	115,605	271,698
11	Fees for services (non-employees):
a	Management ......
b	Legal .........
c	Accounting ...........	218,183		218,183
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17	732,109			732,109
f	Investment management fees ......	60,774		60,774
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	847,348	132,276	43,835	671,237
12	Advertising and promotion ....	1,017,295	2,571	1,159	1,013,565
13	Office expenses .......	3,245,640	531,190	1,953,070	761,380
14	Information technology ......	614,675	356,106	92,795	165,774
15	Royalties ..
16	Occupancy ...........	204,254	119,010	30,642	54,602
17	Travel ............	677,758	215,096	24,233	438,429
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	69,008	23,573	3,203	42,232
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	284,676	177,313	38,344	69,019
23	Insurance ...	190,021	110,212	28,503	51,306
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	AWARENESS & EDUCATION	366,617	324,863	13,704	28,050
b	BOARD EXPENSES	14,896	3,712	7,472	3,712
c
d
e	All other expenses	119,183	40,734	29,528	48,921
25	Total functional expenses. Add lines 1 through 24e	135,113,154	121,686,135	4,594,835	8,832,184
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			1,448,691	1	1,103,530
2	Savings and temporary cash investments .........			13,302,864	2	14,514,716
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			771,819	4	700,722
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
				0	5	0
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
				0	6	0
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............				8
9	Prepaid expenses and deferred charges ......			421,233	9	498,861
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	8,696,904
b	Less: accumulated depreciation	10b	6,260,884	2,686,171	10c	2,436,020
11	Investments—publicly traded securities .			61,397,574	11	63,813,257
12	Investments—other securities. See Part IV, line 11 .....			0	12
13	Investments—program-related. See Part IV, line 11 ..			0	13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			10,937,698	15	11,290,917
16	Total assets. Add lines 1 through 15 (must equal line 33)...			90,966,050	16	94,358,023

17	Accounts payable and accrued expenses .....	1,117,479	17	780,404
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
		0	22	0
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	787,403	25	676,459
26	Total liabilities. Add lines 17 through 25..	1,904,882	26	1,456,863

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	54,597,582	27	58,176,406
28	Net assets with donor restrictions ...........	34,463,586	28	34,724,754
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	89,061,168	32	92,901,160
33	Total liabilities and net assets/fund balances ........	90,966,050	33	94,358,023

1	Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
2	Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
3	Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
4	Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .	Yes	No
5	Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
6	Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No