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Unbound Organization Name provided in the GuideStar Exchange* as of 04/11/2014: Unbound

Organization Name as listed in the IRS Business Master File as of 07/14/2014: UNBOUND

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Kansas City, KS
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GuideStar Summary

&1002;                GuideStar Exchange Committed to transparency ?
This organization is a Silver-level GuideStar Exchange participant, demonstrating its commitment to transparency.

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&1002; Registered with IRS Legitimacy information is available
&1002; Financial Data Annual Revenue and Expense data reported
&1002; Forms 990 2012, 2011, and 2010 Forms 990 filed with the IRS
&1002; Mission Objectives Mission Statement is available
&1002; Impact Summary Impact Summary from the nonprofit is available
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Basic Organization Information

Unbound Organization Name provided in the GuideStar Exchange* as of 04/11/2014: Unbound

Organization Name as listed in the IRS Business Master File as of 07/14/2014: UNBOUND

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
Physical Address: Kansas City, KS 66103 
EIN: 43-1243999
Web URL: www.unbound.org 
NTEE Category: P Human Services
P30 Children's and Youth Services
O Youth Development
O50 Youth Development Programs
B Educational Institutions
B82 Scholarships, Student Financial Aid, Awards
Ruling Year: 1983 


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Mission Statement

Unbound's mission is to walk with the poor and marginalized of the world.

Legitimacy Information

This organization is registered with the IRS.

This organization is required to file an IRS Form 990 or 990-EZ.

Institutional funders should note that an organization’s inclusion on GuideStar.org does not satisfy IRS Rev. Proc. 2011-33 for identifying supporting organizations.

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Annual Revenue & Expenses (GuideStar Exchange,
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April 2014)

Fiscal Year Starting: January 01, 2014
Fiscal Year Ending: December 31, 2014

Total Revenue --
Total Expenses --

Revenue & Expenses

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Balance Sheet (IRS Form 990)

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Forms 990 Received from the IRS Additional Information
IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar website is an ongoing process.

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Forms 990 Provided by the Nonprofit

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Financial Statements

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Annual Reports

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Leadership (GuideStar Exchange,
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April 2014)

Mr. Scott Wasserman

Term:

Since Dec 2013

Profile:

Scott Wasserman stepped into the position of president and CEO following the unexpected passing of President and Co-Founder Bob Hentzen, who died Oct. 8, 2013 in Guatemala. Scott was a guiding presence on the governing board for 15 years, the last 14 years as board chair. He has been a sponsor of children through Unbound for 25 years. Scott holds a bachelor's degree in philosophy and history from the University of Kansas and a law degree from Harvard. He has practiced law for 28 years, and his focus for the last 20 years has been child advocacy law. He is a recognized public speaker, lecturing at universities and to parent and youth groups on topics that include special education and legal issues regarding children. Scott works out of the Kansas City office but expects to spend time traveling to visit projects around the world.

Leadership Statement:

With gratitude and joy, it is a privilege to be at the service of CFCA as we go about our work in the world of building a community of compassion where people commit to personal relationships that bridge national, cultural and economic divides. Sponsors are given the opportunity to help someone in need and to get to know the person they are helping. Families living in poverty, struggling heroically against tremendous odds, receive this support with gratitude and are empowered to begin their path out of poverty. Sponsors accompany families living in poverty on this life-affirming journey that brings about real change in our world. These relationships embody a deep faith in humanity and offer hope for the kinds of human connections that can heal our world. We are privileged to walk with both sponsored persons and sponsors on this amazing journey.

Board Chair (GuideStar Exchange,
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April 2014)

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Board Co-Chair

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Board of Directors (GuideStar Exchange,
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April 2014)

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Board Leadership Practices (GuideStar Exchange,
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April 2014)
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GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

Board Orientation & Education ?
Why does this matter? Without clarity around their responsibilities and expectations, board members are not positioned to succeed. They may find themselves challenged to fulfill their governance responsibilities or frustrated by the expectations that the organization has set for them. BoardSource recommends that every new board member participate in a formal orientation process, and that all board members sign a pledge or agreement committing to their board service and to all of the responsibilities and expectations that come with service. Ideally, board members also should participate in a formal governance training program prior to serving on a board.

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?
Response Not Provided
CEO Oversight ?
Why does this matter? Oversight and management of the chief executive is one of the board’s most important legal responsibilities. The CEO or executive director is the board's single employee, and - just like any other employer/employee relationship - regular and written assessment is critical to ensuring that the chief executive and board are communicating openly about goals and performance. BoardSource recommends that boards conduct formal, written reviews of their chief executives on an annual basis, which should include an in-person discussion with the chief executive and distribution of the written evaluation to the full board.

Has the board conducted a formal, written assessment of the chief executive within the past year?
Response Not Provided
Ethics & Transparency ?
Why does this matter? A commitment to handling conflicts of interests is essential to creating an organizational culture of transparency. Boards should create and follow a policy for identifying and handling conflicts of interest, whether real or perceived. BoardSource recommends that organizations review the conflict-of-interest statement and require signed disclosures from all board members and senior staff on an annual basis.

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements within the past year?
Response Not Provided
Board Composition ?
Why does this matter? The best boards are composed of individuals who bring a variety of skills, perspectives, backgrounds, and resources to tackle the complex and strategic challenges confronting their organizations. BoardSource recommends that boards commit to diversity and inclusion by establishing written policies and practices, which include strategic and intentional recruitment of diverse board members, continual commitment to inclusivity, and equal access to board leadership opportunities.

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?
Response Not Provided
Board Performance ?
Why does this matter? Boards need to regularly assess their own performance. Doing so ensures that they are being intentional about how they govern their organization, which is a critical component of effective board leadership. BoardSource recommends that a board conduct a self-assessment of its performance a minimum of once every three years to ensure that it is staying on track with its roles and responsibilities.

Has the board conducted a formal, written self-assessment of its performance within the past three years?
Response Not Provided

Officers for Fiscal Year (IRS Form 990)

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Highest Paid Employees & Their Compensation (IRS Form 990)

Highest Paid Employee data is not available for this organization.

People information was last updated by the nonprofit in April 2014

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Programs

Program: Sponsorship (GuideStar Exchange,
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April 2014)

Budget:
$101,969,000
Category:
Human Services, General/Other
Population Served:
Children and Youth (0 - 19 years)
Aging/Elderly/Senior Citizens
Other Named Groups

Program Description:

Unbound's sponsorship program helps families in 21 countries break through poverty by connecting them with an individual sponsor and a supportive local community of staff members and other families. Through letters and a monthly financial contribution, sponsors experience another culture, true friendship and a practical way to make a lasting difference in the life of a child or elderly person. Sponsors who travel on Unbound awareness trips may meet their sponsored friends, learn about their lives and see how contributions are used. Families participating in the sponsorship program utilize financial assistance to help with needs such as education, nutrition, clothing and health care, in addition to leadership and economic development programs (e.g. financial literacy, youth retreats and skill development for parents). Sponsorship requires active participation from families as they take a central role in selecting benefits for their children and building stronger communities.

Program Long-Term Success:

Unbound seeks to build a worldwide community of compassion made up of self-sufficient, empowered families where all people live with dignity and have the ability and opportunity to achieve their potential.

Program Short-Term Success:

Sponsored members partner with Unbound to make program and benefit decisions that help meet their basic needs and develop their potential over the course of their time in the program, sometimes 18 years or more. Outcomes vary by location and may include educational attainment, leadership, improved health and nutrition status, dignified housing, skill development and increased income through livelihood opportunities for families. Through Unbound's sponsorship program, families have more choices in their lives and are empowered over time to break through poverty.

Program Success Monitored by:

Unbound conducts program and financial audits, bi-annually and annually respectively, of projects to ensure financial resources provide intended benefits and sponsored members are empowered to direct their own development. The organization performs quality checks on letters and photos from sponsored friends to their sponsors, and monitors member retirement rates and sponsor retention rates. Unbound collects educational attendance and performance data and documents the final education level achieved by sponsored members leaving the program. Unbound projects around the world conduct evaluations in their local context to determine 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, and storytelling to document empowerment. Organization-wide program evaluations focus on four key domains: education, economic status, community participation and personal agency.

Program Success Examples:

Eighty-five percent of those taking small loans from mothers groups in Nairobi, Kenya, developed or boosted a small enterprise to support their families all or partly because of the loan. Ninety percent of mothers of sponsored children believe they have the power to change their family's situation while 63 percent are active in solving problems in their communities, according to a 2013 evaluation including a random sample of 697 participants across all Unbound regions. Sponsorship helps children achieve a level of education that prepares them to compete with peers for jobs and be educated community members, parents and leaders. At a global level, 75 percent of former sponsored members achieved education levels comparative to or better than national averages for their age group at the point of leaving the program. Of these former members, 51 percent achieved more than a year of education above the national average that includes all youth across geographies and economic statuses.

Program: Scholarship (GuideStar Exchange,
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April 2014)

Budget:
$2,955,000
Category:
Education, General/Other
Population Served:
Poor/Economically Disadvantaged, Indigent, General
Youth/Adolescents only (14 - 19 years)
Adults

Program Description:

The Unbound service-scholarship program exists to help dynamic, talented older students who, because of economic circumstances, are struggling to continue their education. The program is founded on the principles of perseverance, leadership and service to the community. Scholarships are used for secondary and post-secondary tuition, vocational school, transportation, school supplies and books. Recipients are selected by local program staffs based on economic need, commitment to completing their education, demonstrated leadership potential and interest in community service. Recipients perform service projects as a requirement of the program. Scholarships are intended as supplemental assistance, and families contribute what they can toward the student's education. The scholarship program complements the Unbound sponsorship program and has allowed thousands of students in communities around the world to see their dreams become reality.

Program Long-Term Success:

Students are able to complete their education, follow their chosen career path and be of service to the larger community.

Program Short-Term Success:

Money is available to support students pursuing their education. Students are in school and doing well. Scholars are graduating from the program and finding jobs, helping to support their families. Many are making a difference by working in their home communities.

Program Success Monitored by:

Scholars are required to maintain good grades and perform service projects in their communities. Local Unbound project staffs monitor students to make sure they are fulfilling program requirements, and projects provide annual reports on their scholarship programs. In 2013 Unbound also initiated qualitative evaluation with alumni of the scholarship program, utilizing a group mind-mapping process and individual interviews to explore long-term outcomes.

Program Success Examples:

In a 2013 qualitative evaluation of the Unbound sponsorship and scholarship programs in the Philippines, almost all participants achieved a university degree and many also completed graduate-level education. Alumni, on average three years out of the program, are pursuing careers from teaching to nursing and accounting to architectural design. Most are employed on a full-time salary basis. Former scholar students self-identified the most significant outcomes of the program as education, leadership and spiritual/holistic development. Many former scholars are supporting their own families and providing economic and mentoring support for siblings as they pursue their education. A central theme in the evaluation findings was the significant internal drive toward giving back to their communities. Examples include teaching formation classes for current Unbound sponsored members, preparing supplies for disaster relief, mentoring, and offering computer skills and resources to community youth.
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Impact Summary from the Nonprofit

Accomplishments for 2013:1. With support of 267,000 sponsors, brought opportunity and confidence to more than 323,000 children, youth, elderly and families in 21 countries through benefits and services they selected to address their unique situations and needs. Provided $2.6 million in scholarships to youth pursuing secondary education, university or vocational training. 2. Completed rebranding effort in which we chose Unbound as a name to better represent benefits of our work to a wider audience. Values and principles that gave Unbound (formerly CFCA) its origin continue to guide our work. The rebranding was widely accepted and embraced by the worldwide Unbound community, including families in the program and sponsors. 3. Acquired 30,928 new sponsors and increased revenue to approximately $121 million. Provided highly rewarding sponsor experience resulting in retention of sponsors at highest rate ever, reaching 90.7 percent retention as of Nov. 1. 4. Expanded efforts to measure program outcomes through locally designed and implemented evaluations. Completed global evaluation in education including more than 20,000 members. 5. Completed ""Rise and Dream"" tour featuring Unbound's documentary; launched new features on main website, unbound.org. Goals for 2014: 1. Bring confidence to those who need it most by acquiring 34,350 new sponsorships. Nurture existing efforts and expand outreach to new audiences of diverse backgrounds. Through scholarship program, support youth in achieving educational goals. 2. Continue to expand and implement methods to measure and report outcomes of sponsorship and scholarship programs at local and global levels. 3. Launch new website to better communicate work we do and impact we make; increase sponsors registered online to 90,000; implement media campaign to raise awareness of Unbound; develop speaker's bureau. 4. Support efforts in Kansas City to help children and families in poverty through our partnership with Operation Breakthrough.
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Reviews

Affiliations & Memberships

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