Bold City Education Inc

“The organization reviews the contents of the form 990 before submitting to the internal revenue service. It is also signed by the organization's authorized representative.”

“At each board meeting, the agenda is notated to remind board members to recuse from voting on any item that may be a conflict of interest. The following conflict of interest and anti-nepotism policy the corporation is intended to supersede and replace all prior conflict of interest policies of the corporation. The purpose of this conflict-of-interest policy is to protect this tax-exempt corporation's interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or governing board member of the corporation or might result in a possible excess benefit transaction. This conflict-of-interest policy shall be effective and binding on the corporation and its governing board members as of the effective date of adoption contained herein. This conflict-of-interest policy may be amended from time to time as determined by the governing board.”

“The executive director is paid in accordance with the school district's pay scale.”

“This information is available to the public via www.guidestar.org.”

“This information is available upon request.”

“Miscellaneous expense: program service expenses 390,331. Management and general expenses 103,055. Fundraising expenses 0. Total expenses 493,386. Utilities: program service expenses 333,212. Management and general expenses 722. Fundraising expenses 0. Total expenses 333,934. Administrative fee: program service expenses 265,803. Management and general expenses 0. Fundraising expenses 0. Total expenses 265,803. Noncapitalized furniture and equipment (dmsh): program service expenses 237,835. Management and general expenses 15,870. Fundraising expenses 0. Total expenses 253,705. Food services: program service expenses 198,561. Management and general expenses 0. Fundraising expenses 0. Total expenses 198,561. Cleaning expense: program service expenses 132,913. Management and general expenses 0. Fundraising expenses 0. Total expenses 132,913. Dues and fees: program service expenses 48,580. Management and general expenses 78,950. Fundraising expenses 0. Total expenses 127,530. Repair and maintenance: program service expenses 110,774. Management and general expenses 1,711. Fundraising expenses 0. Total expenses 112,485.”

“An adjustment is needed to beginning net assets in the amount of -4,042,496. Taxpayer is currently undergoing a june 30, 2023 financial statement audit. It has come to the taxpayer's attention that the june 30, 2022 audited financials might not have been correct. Taxpayer is evaluating whether an amended 990 for june 30, 2022 will be necessary to reflect the changes to the june 30, 2022 audited financials.”

“The organization has not changed its oversight process or selection process during the tax year.”

“Bold city education organization, inc 4072 sunbeam road jacksonville, fl 32257 employer identificacion number: 46-2612875 for the year ending june 30, 2023 bold city education organization, inc is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f)”

“Bold city education organization, inc 4072 sunbeam road jacksonville, fl 32257 employer identificacion number: 46-2612875 for the year ending june 30, 2023 bold city education organization, inc is electing to capitalize repair and maintenance costs under reg. Sec. 1.263(a)-3(n)”