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.
92%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 92 cents are available for programs.
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OVERVIEW
About The Boundless School:
Boundless School is a 5-star charity with High demonstrated impact. It has excellent disclosure with an A+ results reporting grade. It holds reserves within Ci’s reasonable range. For every dollar donated to Boundless School, 92 cents are available to go to the cause.
A Charity Intelligence 2025 Top Canadian Impact Charity.
A Charity Intelligence 2025 Top 100 Rated Charity.
Boundless School was founded in 1984 as an outdoor adventure centre near Palmer Rapids, Ontario and became a registered charity in 1989. In 2004, it became an accredited independent high school, allowing it to offer Ontario high school credits. Boundless runs a boarding school and Indigenous community programs. Both combine academics, mental health support, and outdoor activities, serving students who struggle in mainstream schools and those facing mental health or learning challenges. The school sits on 600 acres along the Madawaska River, with dorms, teaching facilities, and outdoor infrastructure such as rope courses and rock climbing. In the fiscal year ending March 2026 (F2026), the charity served 444 people.
The charity reports that before arriving at Boundless, 100% of students had earned fewer credits than expected for their grade level, 100% had diagnosed mental health or learning challenges, and 14% had been suspended or expelled.
Boundless’ programs can be divided into two streams: Boundless Boarding School and Indigenous Programs. In F2026, Ci calculates the charity spent $1.7m on its programs.
Boundless Boarding School accounted for 63% of program costs in F2026. It is a fully subsidized, private high school for students in grades 10 to 12, delivered in 40-day sessions from September to March with a 3:1 student-to-teacher ratio. The program combines standard credits like Math, English, and Science with outdoor and experiential learning. It serves teens struggling in mainstream education, most of whom are referred through community partners such as Indigenous groups, immigrant and refugee agencies, and mental health programs, at no cost to families. In F2026, Boundless School delivered 10,610 program days. 63 students were working toward a full diploma, including 8 Indigenous students.
Indigenous Programs accounted for 37% of program costs in F2026. This program brings together Indigenous youth alongside siblings, parents, grandparents, and Elders in multi-generational groups of ten to fifty people. Groups attend 5- to 7-day sessions at Boundless from May to August, in addition to the school's core education programs. In F2026, Boundless supported 149 Indigenous students and ran six canoe trips, three of which were multigenerational.
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Results and Impact
The charity reports a 96% student completion rate across all its programs. Compared to public school scores, students in its programs show a 31% increase in English curriculum grades and a 37% increase in math and science grades.
A 2024 qualitative research report, The Effectiveness of the Boundless School for Students with Severe and Comorbid Mental Health Disorders, examined a cohort of 15 students (ages 15-20) attending the Boundless School during the 2023/2024 school year, drawing on interviews with students, 11 parents, agency staff, and school management. All 15 students (100%) earned high school credits during the study period, with up to 11 credits/year possible at Boundless vs. 8/year in mainstream school (30 credits needed to graduate in Ontario). 12 of 15 students (80%) cited learning how to make friends and build relationships as the most-cited benefit, within a cohort where 100% reported an overall positive social experience. 9 of 11 parents (82%) observed increased confidence in their child (the top-cited benefit from parents). On the student side, 7 of 15 (47%) reported gains in happiness, hope, or motivation as the top personal theme.
While Ci highlights these key results, they may not be a complete representation of Boundless School’s results and impact. Charity Intelligence has given Boundless School a High impact rating based on demonstrated impact per dollar spent.
A Charity Intelligence 2025 Top Canadian Impact Charity.
A Charity Intelligence 2025 Top 10 Impact: Canadian Youth Charities.
Impact Rating: High
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Finances
Boundless School’s audited financial statements follow activity-based costing, meaning it clearly distinguishes between program, administrative and fundraising costs. This is a best practice.
In F2026, Boundless School earned $2.4m in revenue. It received $1.9m in donations (81% of total revenue), $221k in investment income (9% of total revenue), and $138k in fees for service (6% of total revenue).
Administrative costs are 5% of revenues (less investment income). Fundraising costs are 3% of donations. Total overhead is 8%. For every dollar donated to Boundless School, 92 cents are available for programs. This is within Ci's reasonable range.
In F2026, Boundless School spent $1.7m on its programs (73% of total revenue). It recorded a $489k surplus and earned $8k from the sale of capital assets.
Boundless School has $4.9m in reserve funds (cash and investments). The reserves can cover 279%, or roughly two years and nine months of program costs. This is within Ci’s reasonable range.
This charity update has been sent to Boundless School for review. Changes and edits may be forthcoming. Updated by Nick Reszetnik on August 5, 2026.
Financial Review
Fiscal year ending March
|
2026 | 2025 | 2024 |
|---|---|---|---|
| Administrative costs as % of revenues | 4.7% | 3.8% | 3.8% |
| Fundraising costs as % of donations | 3.1% | 3.3% | 3.5% |
| Total overhead spending | 7.8% | 7.1% | 7.3% |
| Program cost coverage (%) | 279.1% | 276.0% | 215.4% |
Summary Financial StatementsAll figures in $s |
2026 | 2025 | 2024 |
|---|---|---|---|
| Donations | 1,939,832 | 1,783,723 | 1,598,563 |
| Government funding | 85,810 | 101,230 | 128,832 |
| Fees for service | 137,794 | 310,918 | 492,508 |
| Investment income | 220,511 | 181,740 | 161,506 |
| Other income | 10,438 | 600 | 1,025 |
| Total revenues | 2,394,385 | 2,378,211 | 2,382,434 |
| Program costs | 1,741,717 | 1,590,759 | 1,766,917 |
| Administrative costs | 102,393 | 83,905 | 83,930 |
| Fundraising costs | 60,825 | 59,211 | 55,933 |
| Total spending | 1,904,935 | 1,733,875 | 1,906,780 |
| Cash flow from operations | 489,450 | 644,336 | 475,654 |
| Capital spending | (8,000) | 61,042 | 24,773 |
| Funding reserves | 4,860,633 | 4,389,946 | 3,805,797 |
Note: 1. Deferred Government Contributions: Ci adjusted for deferred government contributions in government funding. This affected total revenue by ($2k) in F2026, ($2k) in F2025 and ($2k) in F2024. 2. Deferred Revenue and Non-Government Contributions: Ci adjusted for deferred donation revenue and deferred non-government capital contributions in Canadian donations. This affected total revenue by $8k in F2026, $149k in F2025, and ($2k) in F2024. 3. Unrealized Gains: Ci included unrealized gains within investment income. This affected total revenue by $48k in F2026, $27k in F2025, and $34k in F2024. 4. Gain on Sale of Equipment: Ci included gain on sale of equipment reported below the line. This affected total revenue by $8k in F2026. 5. Program Spending Breakdown: Boundless School's programs share certain costs, which makes allocating total program expenditures to specific programs difficult. The charity's Program Specific Revenue and Expense Summary (2026) offers some clarity, but there is significant overlap between programs. To determine these allocations, Ci used the $690k reported for the Indigenous Program and assumed the remainder went to the Boundless Boarding School - though in reality, some of the Indigenous Program spending inherently goes toward Indigenous programming delivered at the school itself, meaning the two categories aren't fully separable.
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 F2025



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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: 613-758-2702