The Boundless School
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
A+
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
High
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
93%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 93 cents are available for programs.
My anchor
OVERVIEW
About The Boundless School:
Boundless School is a 5-star charity with High Demonstrated Impact. It has an A+ Results Reporting grade, which is above average. For every dollar donated, 93 cents are available to go to the cause, which is within Ci's reasonable range.
Founded in 1984, Boundless School (Boundless) helps teenagers finish high school and improve their mental health. The charity states that dropping out of high school has several negative consequences. This includes limited career options and worse health compared to those who graduate. Boundless runs a boarding school and Indigenous community programs. Charity Intelligence calculates it spent $1.6m on its programs in F2025.
A Charity Intelligence 2024 Top Canadian Impact Charity.
A Charity Intelligence 2024 Top 100 Rated Charity.
Boundless School represented 51% of program costs in F2025. The Boundless School is a boarding school for students that struggle in the mainstream system. Students attend Boundless in 30 and 40-day sessions, earning credits in Math, English, History, Science, Art, and electives in a hands-on, experiential environment. The school is located on 600 acres of wilderness in Palmer Rapids, Ontario and has a 3:1 student to teacher ratio. In F2025, Boundless delivered 9,886 program days to 413 students. The charity reported a 98% completion rate in F2025. In F2025, 59 students completed their full diploma at Boundless. Of students served, 100% had mental health and learning challenges, 100% achieved credits below their grade level, 9% had been suspended or expelled, and 8% had criminal histories prior to attending Boundless School.
Indigenous Programs represented 49% of program costs in F2025. The charity provides multi-generational programming, meaning siblings, parents, grandparents, and Elders can join the program. The charity reports that having an isolated youth surrounded by a community is just as important as education. Boundless also provides adventure-based education programs. In F2025, Boundless served 153 Indigenous students. The charity organized seven unique trips, of which four were multi-generational.
My anchor
Results and Impact
In F2025, 59 students completed full diplomas at Boundless School. Its students experienced a 37% increase in English curriculum grades and a 32% increase in math and science grades, compared to their public-school scores.
Boundless School’s Long-Term Outcomes paper reports a 94% graduation rate. According to the Toronto District School Board, the graduation rate for minority groups is 85%. 51% of students pursued further education, such as college or university. The charity reports that 36% of youth with a mental health issue and/or a learning disability enroll in post-secondary education. Of the 52 students surveyed, 34 (65%) were currently employed, with 50 people (96%) reporting having a job in the past.
This may not be a complete representation of Boundless School’s results.
Charity Intelligence has given Boundless School a High impact rating based on demonstrated impact per dollar spent.
Impact Rating: High
•
My anchor
Finances
Boundless School’s audited financial statements use line-item costing, which is not a best practice. Ci put expense lines into program, fundraising, and administrative costs as it best fit.
Boundless School received $1.8m in donations in F2025. The charity also earned $311k in school funds and $101k in government funding. It spent $1.6m on its programs, which is 67% of revenue, and recorded a surplus of $644k.
Boundless spent $59k on fundraising, which is 3% of donations, and $84k on administration, which is 4% of revenue (excluding investment income). Total overhead spending is 7%. For every dollar donated, 93 cents are available to go to the cause, which is within Ci’s reasonable range.
Boundless has $4.4m in reserve funds (cash and investments), which can cover 2 years and 9 months of its annual program costs. This is within Ci’s reasonable range.
This charity report is an update that has been sent to Boundless School for review.
Updated on August 5, 2025 by Liam Chapleau.
Financial Review
Fiscal year ending March
|
2025 | 2024 | 2023 |
|---|---|---|---|
| Administrative costs as % of revenues | 3.8% | 3.8% | 3.8% |
| Fundraising costs as % of donations | 3.3% | 3.5% | 3.8% |
| Total overhead spending | 7.1% | 7.3% | 7.6% |
| Program cost coverage (%) | 276.0% | 215.4% | 200.3% |
Summary Financial StatementsAll figures in $s |
2025 | 2024 | 2023 |
|---|---|---|---|
| Donations | 1,783,723 | 1,598,563 | 1,406,475 |
| Government funding | 101,230 | 128,832 | 125,595 |
| Fees for service | 310,918 | 492,508 | 622,861 |
| Investment income | 181,740 | 161,506 | 73,313 |
| Other income | 600 | 1,025 | 460 |
| Total revenues | 2,378,211 | 2,382,434 | 2,228,704 |
| Program costs | 1,590,759 | 1,766,917 | 1,672,762 |
| Administrative costs | 83,905 | 83,930 | 80,840 |
| Fundraising costs | 59,211 | 55,933 | 53,608 |
| Total spending | 1,733,875 | 1,906,780 | 1,807,210 |
| Cash flow from operations | 644,336 | 475,654 | 421,494 |
| Capital spending | 61,042 | 24,773 | 4,830 |
| Funding reserves | 4,389,946 | 3,805,797 | 3,350,981 |
Note: 1. Deferred Revenue: Ci adjusted for deferred revenue within government funding, donations, and fees for service, according to the charity’s audited financial statements. This affected revenue by $175k in F2025, ($7k) in F2024, and ($185k) in F2023. 2. Unrealized Gains: Ci included unrealized gains within investment income. This affected revenue by $27k in F2025, $34k in F2024, and ($6k) in F2023.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
3 |
$40k - $80k |
6 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2024
My anchor
Comments & Contact
Comments added by the Charity:
Comment added on August 20th, 2025:
We are grateful to C.I. for reviewing and doing its diligence on Boundless.
We hope, in this section, to clearly outline where Boundless is moving this year and next; and beyond that too.
The past two years have seen the rapid evolution of new initiatives that focused on families and multi-generations, where we hoped to encircle vulnerable youth with a community of care. We launched various pilot projects and learned a ton:
Over the next several years, Boundless will expand both participant numbers and the range of community partners. We will remain focused on serving society’s most vulnerable, including Indigenous communities, refugees, newcomers, and youth referred from mental health organizations and school boards.
If you, the reader and potential donor, have made it this far down the page, we are grateful for your consideration and attention to the details of how we support youth to thrive.
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-951-7059