The Bolles School
The Bolles School reported $77.0 million in revenue and $64.0 million in expenses for the fiscal year ending July 31, 2025. Of every $100 it spent, $81.66 went to program services, $15.19 to management and general costs and $3.15 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 75.4% of the total. The highest compensation it reported for one person was $534,838 (PRESIDENT HEAD OF SCHOOL). 31 people received more than $100,000 in reportable compensation. Revenue rose 51% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending July 31, 2025 · Form 990, Part IX, line 25 · total expenses $64MFor 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 July 31, 2025 · Form 990, Part VIII · total revenue $77MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.2% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.17 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 15.4% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 75.4% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $534,838 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.84% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 31 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 23.0 | 13.3 |
| Independent voting board members Part VI 1a–1b | 24 of 25 | 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 expenseThe Bolles School is a private college preparatory school with an international reputation for excellence. Located in jacksonville, florida, the school enrolls approximately 1,800 boarding and day students in pre-kindergarten through grade 12 on four campuses. The school focuses on a complete education that emphasizes excellence in academics, the arts, athletics, and other activities like clubs and community service. Students can pursue their interests and learn to balance a rich variety of activities. Our rigorous programs prepare students for future success and 100% of our graduating…
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 |
|---|---|---|---|---|
| PRESIDENT HEAD OF SCHOOL Director/trustee, officer, 40.00 hrs/week | $448,908 | $0 | $85,930 | $534,838 |
| CFO/COO Officer, 40.00 hrs/week | $280,572 | $0 | $33,071 | $313,643 |
| CHIEF ADVANCEMENT OFFICER Highest compensated employee, 40.00 hrs/week | $189,495 | $0 | $18,927 | $208,422 |
| DIRECTOR AQUATICS Highest compensated employee, 40.00 hrs/week | $168,999 | $0 | $16,423 | $185,422 |
| DEAN OF ENROLLMENT & ACCESSIBILITY Highest compensated employee, 40.00 hrs/week | $155,925 | $0 | $27,022 | $182,947 |
| CAMPUS HEAD, WHITEHURST Highest compensated employee, 40.00 hrs/week | $155,032 | $0 | $16,757 | $171,789 |
| CAMPUS HEAD Highest compensated employee, 40.00 hrs/week | $141,847 | $0 | $25,326 | $167,173 |
31 people received more than $100,000 in reportable compensation from The Bolles School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $901K (Part IX, line 5).
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–1b25 · 24 independent
- Audited financial statements Part XII 2bYes
- 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 5526
- Volunteers Part I, line 6180
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| STELLAR GROUP INC Construction & engineering services | $10,138,286 |
| ARAMARK Maintenance, grounds & custodial | $2,933,355 |
| FLIK DINING Dining services | $2,179,936 |
| THE MAYAN GROUP LLC Construction & engineering services | $1,416,465 |
| COMPLETE COMFORT SPECIALISTS LLC Hvac services | $1,019,022 |
Individuals listed as contractors are left out. 34 contractors were paid more than $100,000 in all.
Private foundation grants it received
27 private foundations reported grants to The Bolles School totaling $975K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Bolles School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Bolles School, you can publish a response that is linked from this page.
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Of every $100 The Bolles School spent in FY2025, $81.66 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Packer Collegiate InstituteBrooklyn, NY · revenue $77M · programs 81.7% · FY2025
- Wartburg CollegeWaverly, IA · revenue $77M · programs 77.5% · FY2025
- St Francis CollegeBrooklyn, NY · revenue $77M · programs 68.7% · FY2025
- University of Maryland Baltimore FoundationBaltimore, MD · revenue $77M · programs 83.8% · FY2025
- The Potomac SchoolMcLean, VA · revenue $77M · programs 83.1% · FY2025
Questions people ask
How much of The Bolles School's spending goes to programs?
In the fiscal year ending July 31, 2025, The Bolles School reported that 81.7% of its $64.0 million in expenses went to program services, 15.2% to management and general and 3.2% to fundraising (Form 990, Part IX).
How much does The Bolles School pay its top executive?
The largest total compensation The Bolles School reported for one person in the fiscal year ending July 31, 2025 was $534,838, for the role of PRESIDENT HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Bolles School get its money?
Of $77.0 million in revenue in the fiscal year ending July 31, 2025, 15.4% came from contributions and grants and 75.4% from program service revenue (Form 990, Part VIII).
Is The Bolles School a registered charity?
The IRS lists EIN 59-0637814 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 July 31, 2025, object 202630499349300433 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending July 31, 2024, object 202403479349300840 · read the filing
- FY2023: Form 990 for the fiscal year ending July 31, 2023, object 202343219349301519 · read the filing
- FY2022: Form 990 for the fiscal year ending July 31, 2022, object 202301379349301125 · read the filing
- FY2021: Form 990 for the fiscal year ending July 31, 2021, object 202133359349300128 · read the filing
- FY2020: Form 990 for the fiscal year ending July 31, 2020, object 202003249349301220 · read the filing
All filings for EIN 59-0637814: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.