Bold City Education
Bold City Education reported $7.4 million in revenue and $14.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.00 went to program services, $16.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 154.9% of the total. Government grants made up 154.9%. The highest compensation it reported for one person was $167,500 (CEO). 2 people received more than $100,000 in reportable compensation. Revenue rose 104% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $15MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $7.4MInvestment income was negative: −$5.0M. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 16.0% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 154.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 154.9% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 7.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $167,500 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.14% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 2 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -12.4 | 13.3 |
| Independent voting board members Part VI 1a–1b | 4 of 4 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseBold City Education, inc., a non-profit organization, operates a network of tuition-free public charter schools in jacksonville, florida, serving students from kindergarten through twelfth grade. During the year, the organization served a total of 1,031 students across its three campuses: san jose early college at cecil (200 students), san jose prep (590 students), and san jose primary school (241 students).the schools operate as component units of Bold City Education, inc. And function within the district school board of duval county, florida. The organization is self-governed by a board of…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Highest compensated employee, 40.00 hrs/week | $167,500 | $0 | $0 | $167,500 |
| PRINCIPAL Highest compensated employee, 40.00 hrs/week | $105,000 | $0 | $0 | $105,000 |
2 people received more than $100,000 in reportable compensation from Bold City Education (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b4 · 4 independent
- Audited financial statements Part XII 2bNo
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5207
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SLA MANAGEMENT Food service management | $381,145 |
| CITY WIDE FACILITY SOLUTIONS Maintenance & janitorial services | $152,083 |
| CINTAS Facility services & supplies | $115,236 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Bold City Education's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Bold City Education, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Bold City Education spent in FY2025, $84.00 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Montgomery County - Norristown Public LibraryNorristown, PA · revenue $7.4M · programs 90.7% · 2025
- Pencil FoundationNashville, TN · revenue $7.7M · programs 90.1% · FY2025
- The Prentice SchoolSanta Ana, CA · revenue $6.9M · programs 85.5% · FY2025
- Southeast Regional Resource CenterJuneau, AK · revenue $7.7M · programs 81.8% · FY2025
- New Schools for New OrleansNew Orleans, LA · revenue $6.7M · programs 90.3% · FY2025
Questions people ask
How much of Bold City Education's spending goes to programs?
In the fiscal year ending June 30, 2025, Bold City Education reported that 84.0% of its $14.8 million in expenses went to program services, 16.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Bold City Education pay its top executive?
The largest total compensation Bold City Education reported for one person in the fiscal year ending June 30, 2025 was $167,500, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Bold City Education get its money?
Of $7.4 million in revenue in the fiscal year ending June 30, 2025, 154.9% came from contributions and grants (including 154.9% from government grants) and 7.5% from program service revenue (Form 990, Part VIII).
Is Bold City Education a registered charity?
The IRS lists EIN 46-2612875 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631359349303533 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202641329349301044 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411359349303236 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341289349302339 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211369349309611 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101309349301105 · read the filing
All filings for EIN 46-2612875: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.