Civic Intelligence

Bold Idea Inc.

990 • Fiscal year 2024 • EIN 47-3742945

Jul 01, 2023 to Jun 30, 2024 • Filed on Apr 15, 2025

PO Box 140904Dallas, TX 75214

(972) 765-1943

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

74th percentile

0.05x

Higher debt load relative to assets than 74% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

74th percentile

0.03x

Higher debt load relative to revenue than 74% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

31st percentile

-5.9%

Higher net margin than 31% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

97th percentile

$85,753

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 24.4% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

28th percentile

-14%

Faster asset growth than 28% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

27th percentile

-17%

Faster revenue growth than 27% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$232,405

Down $38,100 (-14%) from 2023

Net Assets

Down

$221,373

Down $5,495 (-2.4%) from 2023

Liabilities

Down

$11,032

Down $32,605 (-75%) from 2023

Revenue

Down

$351,218

Down $73,042 (-17%) from 2023

Expenses

Down

$371,972

Down $60,783 (-14%) from 2023

Net Income

Down

-$20,754

Down $12,259 (-144%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2016: $4,683Liabilities 2016: $480Net Assets 2016: $4,2032016Assets 2018: $25,206Liabilities 2018: $1,030Net Assets 2018: $24,1762018Assets 2019: $81,327Liabilities 2019: $2,433Net Assets 2019: $78,8942019Assets 2020: $105,679Liabilities 2020: $13,752Net Assets 2020: $91,9272020Assets 2021: $120,507Liabilities 2021: $2,019Net Assets 2021: $118,4882021Assets 2022: $237,927Liabilities 2022: $2,564Net Assets 2022: $235,3632022Assets 2023: $270,505Liabilities 2023: $43,637Net Assets 2023: $226,8682023Assets 2024: $232,405Liabilities 2024: $11,032Net Assets 2024: $221,3732024Assets 2025: $261,244Liabilities 2025: $23,972Net Assets 2025: $237,2722025

Highlighted filing

2024

Assets$232,405
Liabilities$11,032
Net Assets$221,373

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2016: $26,336Expenses 2016: $27,590Net Income 2016: -$1,2542016Revenue 2018: $54,454Expenses 2018: $59,568Net Income 2018: -$5,1142018Revenue 2019: $122,373Expenses 2019: $67,655Net Income 2019: $54,7182019Revenue 2020: $127,217Expenses 2020: $114,184Net Income 2020: $13,0332020Revenue 2021: $166,308Expenses 2021: $139,802Net Income 2021: $26,5062021Revenue 2022: $325,247Expenses 2022: $208,372Net Income 2022: $116,8752022Revenue 2023: $424,260Expenses 2023: $432,755Net Income 2023: -$8,4952023Revenue 2024: $351,218Expenses 2024: $371,972Net Income 2024: -$20,7542024Revenue 2025: $462,464Expenses 2025: $444,949Net Income 2025: $17,5152025

Highlighted filing

2024

Revenue$351,218
Expenses$371,972
Net Income-$20,754
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 15, 2025
Return Version
2023v6.0
Gross Receipts
$351,218
Mission and Program Overview

Mission

Bold Idea helps students discover computer science through mentoring and hands-on learning with industry professionals, building critical thinking skills and equipping students to succeed in the careers of the future.

Bold Idea creates access to Computer Science in under-resourced communities and prepares students for the technology careers of the future.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$207,820$169,223▼ $38,597
Pledges and Grants Receivable$53,153$61,604▲ $8,451
Inventories for Sale or Use$7,350$0▼ $7,350
Land, Buildings, and Equipment, Net$2,182$1,578▼ $604
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$270,505$232,405▼ $38,100
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$28,378$11,032▼ $17,346
Total Liabilities$28,378$11,032▼ $17,346
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$239,990$189,040▼ $50,950
Net Assets With Donor Restrictions$2,137$32,333▲ $30,196
Total Net Assets Fund Balance$242,127$221,373▼ $20,754
Total Liabilities and Net Assets / Fund Balance$270,505$232,405▼ $38,100

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,578$2,142$3,720
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robyn BrownPresident & CEOFT$83,849$1,904$85,753

Board Members and Trustees

NameTitle
Kris TorresChairman
Roderick BurnsVice Chairman
Deborah ColeDirector
Greg CrouseDirector
Karuna MallakuntalaDirector
Michael SchultzDirector
Toni Harrison-kellyDirector
Amy CzuchlewskiSecretary
Susan PaulTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$347,540
Program Service Revenue
$700
Investment Income
$2,228
Other Revenue
$750
All Other Contributions
$347,540
Change in Net Assets
$-20,754

Audited Revenue Reconciliation

Revenue per Audited Statements
$351,218
Revenue Not Reported on Form 990
$110,497
Total Revenue per Audited Statements
$461,715
Total Revenue per Form 990
$351,218
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$294,239
Total Fundraising Expense$120,665
Other Expenses$62,904
Grants and Similar Amounts Paid$14,829
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$80,626$20,269$72,766$173,661
Current Officers, Directors, Trustees, and Key Employees$70,087$5,016$20,806$95,909
Fees for Services Other$9,138$5,669$8,632$23,439
Payroll Taxes$10,968$1,818$6,691$19,477
Grants to Domestic Individuals$14,829--$14,829
Information Technology$1,625$5,395$2,660$9,680
Fees for Services Accounting-$9,600-$9,600
Other Employee Benefits$2,729$129$2,334$5,192
Insurance-$3,772-$3,772
Other Expenses$2,900$1,223$634$1,857
Depreciation Depletion-$604-$604
Total Functional Expenses$196,046$55,261$120,665$371,972

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$482,469
Expenses per Audited Statements$371,972
Total Expenses per Form 990$371,972
Expenses Not Reported on Form 990$110,497
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The CEO works with an accountant after final approval of an audit to complete a 990 tax return. Finance Chair/Treasurer and Board Chair review draft 990 with the CEO. Finance Chair/Treasurer and Board Chair approve final draft copy to CEO.CEO emails final draft copy to the Finance Committee for their review and approval. Upon approval by the Finance Committee, the CEO emails a copy to the Board of Directors.If no feedback from the Board of Directors in one-week period, the CEO will sign the 990 and return to the accountant. Accountant submits 990 to the IRS electronically by the annual deadline.

Form 990, Part VI, Section B, Line 12C

Both Board and staff members have a responsibility to avoid conduct that could create an actual or apparent conflict of interest when conducting business on behalf of Bold Idea. A conflict of interest is any action that might benefit the private interest of a Board member or employee or might result in a possible excess benefit transaction. Board and staff members have a duty to disclose any actual or possible conflict of interest to the CEO or Board members considering a proposed transaction or arrangement. Procedures for addressing potential or actual conflicts of interest are governed by Article X of the Bold Idea organization bylaws.

Form 990, Part VI, Section B, Line 15A

The board arranges for an "independent body" (which means that the person receiving the compensation should not be part of the review process) to conduct a "comparability review." The independent body takes a look at "comparable" salary and benefits data, such as data available from salary and benefit surveys, to learn what nonprofit employers with similar missions, and of a similar budget size, that are located in the same, or a similar geographic region, pay their senior leaders.

Form 990, Part VI, Section B, Line 15B

The board arranges for an "independent body" (which means that the person receiving the compensation should not be part of the review process) to conduct a "comparability review." The independent body takes a look at "comparable" salary and benefits data, such as data available from salary and benefit surveys, to learn what nonprofit employers with similar missions, and of a similar budget size, that are located in the same, or a similar geographic region, pay their senior leaders.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Bold Idea Inc
EIN
47-3742945
Phone
9727651943
Address
PO BOX 140904, DALLAS, TX 75214

Signing Officer

Name
Robyn Brown
Title
President & CEO
Signed
2025-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robyn Brown
Formed
2015
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
9
Employees
7
Volunteers
186

Preparer

Firm
Sutton Frost Cary LLP
Address
200 E Front St Suite 200, Arlington, TX 76011
Preparer
Carroll Elizabeth Arnott
Phone
8176498083
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is exempt from federal income taxes under section 501(c)(3) of the Internal Revenue Code (IRC) and has not been classified as a private foundation as defined in the IRC. Income generated from activities unrelated to the Organizations exempt purposes is subject to tax under IRC Section 511. The Organization had no unrelated business income for the years ended June 30, 2024. Accordingly, no provision has been made for federal income tax.GAAP requires the evaluation of tax positions taken in the course of preparing the Organizations tax returns and recognition of a tax liability (or asset) if the Organization has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the Organization, and has concluded that as of June 30, 2024, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.

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IRS990/PrincipalOfficerNm0ROBYN BROWN
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from federal income taxes under section 501(c)(3) of the Internal Revenue Code (IRC) and has not been classified as a private foundation as defined in the IRC. Income generated from activities unrelated to the Organizations exempt purposes is subject to tax under IRC Section 511. The Organization had no unrelated business income for the years ended June 30, 2024. Accordingly, no provision has been made for federal income tax.GAAP requires the evaluation of tax positions taken in the course of preparing the Organizations tax returns and recognition of a tax liability (or asset) if the Organization has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the Organization, and has concluded that as of June 30, 2024, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The CEO works with an accountant after final approval of an audit to complete a 990 tax return. Finance Chair/Treasurer and Board Chair review draft 990 with the CEO. Finance Chair/Treasurer and Board Chair approve final draft copy to CEO.CEO emails final draft copy to the Finance Committee for their review and approval. Upon approval by the Finance Committee, the CEO emails a copy to the Board of Directors.If no feedback from the Board of Directors in one-week period, the CEO will sign the 990 and return to the accountant. Accountant submits 990 to the IRS electronically by the annual deadline.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Both Board and staff members have a responsibility to avoid conduct that could create an actual or apparent conflict of interest when conducting business on behalf of Bold Idea. A conflict of interest is any action that might benefit the private interest of a Board member or employee or might result in a possible excess benefit transaction. Board and staff members have a duty to disclose any actual or possible conflict of interest to the CEO or Board members considering a proposed transaction or arrangement. Procedures for addressing potential or actual conflicts of interest are governed by Article X of the Bold Idea organization bylaws.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board arranges for an "independent body" (which means that the person receiving the compensation should not be part of the review process) to conduct a "comparability review." The independent body takes a look at "comparable" salary and benefits data, such as data available from salary and benefit surveys, to learn what nonprofit employers with similar missions, and of a similar budget size, that are located in the same, or a similar geographic region, pay their senior leaders.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The board arranges for an "independent body" (which means that the person receiving the compensation should not be part of the review process) to conduct a "comparability review." The independent body takes a look at "comparable" salary and benefits data, such as data available from salary and benefit surveys, to learn what nonprofit employers with similar missions, and of a similar budget size, that are located in the same, or a similar geographic region, pay their senior leaders.

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