Civic Intelligence

Bold Schools Inc.

990 • Fiscal year 2023 • EIN 83-3915942

Jul 01, 2022 to Jun 30, 2023 • Filed on Mar 04, 2024

Organization ProfileN/A
1090 Close AveBronx, NY 10472

(877) 829-5500

Siviq Scores

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

Liabilities / Assets

84th percentile

0.80x

Higher debt load relative to assets than 84% of similar nonprofits.

2023 filings • NTEE B • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

94th percentile

4.70x

Higher debt load relative to revenue than 94% of similar nonprofits.

2023 filings • NTEE B • $5M-$10M nonprofits • Source year 2023

Net Margin

94th percentile

61%

Higher net margin than 94% of similar nonprofits.

2023 filings • NTEE B • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

24th percentile

$0

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • NTEE B • $5M-$10M nonprofits • Source year 2023

Asset Growth

98th percentile

485%

Faster asset growth than 98% of similar nonprofits.

2023 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

95th percentile

159%

Faster revenue growth than 95% of similar nonprofits.

2023 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$6,761,396

Up $5,604,857 (+485%) from 2022

Net Assets

Up

$1,345,027

Up $701,328 (+109%) from 2022

Liabilities

Up

$5,416,369

Up $4,903,529 (+956%) from 2022

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin94th percentile

Revenue

Up

$1,152,019

Up $706,619 (+159%) from 2022

Expenses

Up

$450,691

Up $178,429 (+66%) from 2022

Net Income

Up

$701,328

Up $528,190 (+305%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$10M$5.0M$0Assets 2019: $89,774Liabilities 2019: $174,0242019Assets 2020: $701,300Liabilities 2020: $439,086Net Assets 2020: $262,2142020Assets 2021: $555,244Liabilities 2021: $84,683Net Assets 2021: $470,5612021Assets 2022: $1,156,539Liabilities 2022: $512,840Net Assets 2022: $643,6992022Assets 2023: $6,761,396Liabilities 2023: $5,416,369Net Assets 2023: $1,345,0272023Assets 2024: $9,672,642Liabilities 2024: $7,812,179Net Assets 2024: $1,860,4632024

Highlighted filing

2023

Assets$6,761,396
Liabilities$5,416,369
Net Assets$1,345,027
Open 2023 Filing

Operations Trend

Revenue Growth95th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2019: $24,000Expenses 2019: $108,250Net Income 2019: -$84,2502019Revenue 2020: $334,532Expenses 2020: $47,751Net Income 2020: $286,7812020Revenue 2021: $376,491Expenses 2021: $168,144Net Income 2021: $208,3472021Revenue 2022: $445,400Expenses 2022: $272,262Net Income 2022: $173,1382022Revenue 2023: $1,152,019Expenses 2023: $450,691Net Income 2023: $701,3282023Revenue 2024: $840,815Expenses 2024: $325,379Net Income 2024: $515,4362024

Highlighted filing

2023

Revenue$1,152,019
Expenses$450,691
Net Income$701,328
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Mar 4, 2024
Return Version
2022v5.0
Gross Receipts
$2,400,472
Mission and Program Overview

Mission

To serve as a fundraising arm for bold charter school, and to support bold charter school with facilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$117,955$461,282▲ $343,327
Cash and Non-Interest-Bearing Accounts$239,533$97,933▼ $141,600
Prepaid Expenses and Deferred Charges$1,886$1,155▼ $731
Total Assets$1,156,539$6,761,396▲ $5,604,857
Other Assets Total$797,165$6,201,026▲ $5,403,861
Liabilities
Other Liabilities$428,556$5,345,274▲ $4,916,718
Accounts Payable and Accrued Expenses$84,284$71,095▼ $13,189
Total Liabilities$512,840$5,416,369▲ $4,903,529
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$643,699$1,345,027▲ $701,328
Total Net Assets Fund Balance$643,699$1,345,027▲ $701,328
Total Liabilities and Net Assets / Fund Balance$1,156,539$6,761,396▲ $5,604,857

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$461,282$484,306$945,588
Other Assets Org$4,120,124--
Compensation and Service Providers
Top Officer Pay24th percentile

Board Members and Trustees

NameTitle
Eric ZakrePresident
Ashley BurrellSecretary
Alex NicolauTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Southern Realty LLCRentPO BOX 1036, Great Neck, NY 11023$450,000
Es Builders GroupLeasehold Improvements112 LEXINGTON AVE, New York, NY 10016$369,902
Tender Tots Close Avenue LLCRentPO BOX 1537, Lakewood, NJ 08701$369,356
Dbi Projects LLCLeasehold Improvements1261 BROADWAY 9TH FL, New York, NY 10001$240,212
Executive Cleaning Services LLCJanitorial Services460 NEW YORK AVE, Huntington, NY 11743$158,031
Revenue and Support

Revenue Composition

Contributions and Grants
$11,200
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,140,819
All Other Contributions
$11,200
Change in Net Assets
$701,328

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,152,019
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,248,453
Total Revenue per Audited Statements
$2,400,472
Total Revenue per Form 990
$1,152,019
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$450,691
Total Fundraising Expense$3,054
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$187,424$125-$187,549
Fees for Services Legal-$122,726-$122,726
Depreciation Depletion$115,708--$115,708
Fees for Services Accounting-$19,635-$19,635
Other Expenses-$474$3,054$474
Total Functional Expenses$303,132$144,505$3,054$450,691

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,699,144
Expenses Not Reported on Form 990$1,248,453
Expenses per Audited Statements$450,691
Total Expenses per Form 990$450,691
Expenses Not Reported on Financial Statements$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long Term Lease Liabilities-operating$4,169,871
Due to Related Party$1,175,403
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
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 A, Line 8B

“The organization has no subcommittees.”

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

“A copy of the form 990 is provided to board members prior to the filing with the appropriate tax authorities.”

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

“The organization closely monitors compliance with the conflict of interest policy.”

Form 990, Part VI, Section C, Line 19

“The organization makes its documents available upon request.”

Filing and Contact Details

Filer

Filer Name
Bold Schools Inc
EIN
83-3915942
Phone
8778295500
Address
1090 CLOSE AVE, BRONX, NY 10472

Signing Officer

Name
Eric Zakre
Title
President
Phone
8778295500
Signed
2024-03-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Zakre
Formed
2019
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Mengel Metzger Barr & Co Llp
Address
100 CHESTNUT STREET SUITE 1200, ROCHESTER, NY 14604
Preparer
Michelle Cain
Phone
5854231860
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other consultants: program service expenses 187,424. Management and general expenses 125. Fundraising expenses 0. Total expenses 187,549.”

Part XII, Line 2C Explanation

“This process is consistent with the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization has filed for and received income tax exemptions in the various jurisdictions where they are required to do so. The organization files form 990 tax returns in the u.s. Federal jurisdiction and in new york state. With few exceptions, as of june 30, 2023, the organization is no longer subject to u.s. Federal or state income tax examinations by tax authorities for years ended prior to june 30, 2020. The tax returns for years ended june 30, 2020 through june 30, 2023 are still subject to potential audit by the irs and taxing authorities in new york state. Management of the organization believes they have no material uncertain tax positions and, accordingly, they have not recognized any liability for unrecognized tax benefits.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“RENTAL EXPENSES”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“RENTAL EXPENSES”

Raw XML AppendixShowing 400 of 451 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt084284
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt071095
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO SERVE AS A FUNDRAISING ARM FOR BOLD CHARTER SCHOOL, AND TO SUPPORT BOLD CHARTER SCHOOL WITH FACILITIES.
IRS990/AllOtherContributionsAmt011200
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt04TH SECTOR SOLUTIONS
IRS990/BooksInCareOfDetail/PhoneNum02039402708
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt012 E 49TH ST 11TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010017
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0239533
IRS990/CashNonInterestBearingGrp/EOYAmt097933
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt05
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0450000
IRS990/ContractorCompensationGrp/CompensationAmt1369902
IRS990/ContractorCompensationGrp/CompensationAmt2369356
IRS990/ContractorCompensationGrp/CompensationAmt3240212
IRS990/ContractorCompensationGrp/CompensationAmt4158031
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 1036
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1112 LEXINGTON AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2PO BOX 1537
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt31261 BROADWAY 9TH FL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4460 NEW YORK AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0GREAT NECK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2LAKEWOOD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4HUNTINGTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2NJ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd011023
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd110016
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd208701
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd310001
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd411743
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0SOUTHERN REALTY LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1ES BUILDERS GROUP
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2TENDER TOTS CLOSE AVENUE LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3DBI PROJECTS LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4EXECUTIVE CLEANING SERVICES LLC
IRS990/ContractorCompensationGrp/ServicesDesc0RENT
IRS990/ContractorCompensationGrp/ServicesDesc1LEASEHOLD IMPROVEMENTS
IRS990/ContractorCompensationGrp/ServicesDesc2RENT
IRS990/ContractorCompensationGrp/ServicesDesc3LEASEHOLD IMPROVEMENTS
IRS990/ContractorCompensationGrp/ServicesDesc4JANITORIAL SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt011200
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0450691
IRS990/CYOtherRevenueAmt01140819
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0701328
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0450691
IRS990/CYTotalFundraisingExpenseAmt03054
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01152019
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0115708
IRS990/DepreciationDepletionGrp/TotalAmt0115708
IRS990/Desc0TO SERVE AS A FUNDRAISING ARM FOR BOLD CHARTER SCHOOL, AND TO SUPPORT BOLD CHARTER SCHOOL WITH FACILITIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0303132
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt019635
IRS990/FeesForServicesAccountingGrp/TotalAmt019635
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0122726
IRS990/FeesForServicesLegalGrp/TotalAmt0122726
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0125
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0187424
IRS990/FeesForServicesOtherGrp/TotalAmt0187549
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0ALEX NICOLAU
IRS990/Form990PartVIISectionAGrp/PersonNm1ASHLEY BURRELL
IRS990/Form990PartVIISectionAGrp/PersonNm2ERIC ZAKRE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02019
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02400472
IRS990/GrossRentsGrp/RealAmt02389272
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0484306
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0117955
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0461282
IRS990/LandBldgEquipCostOrOtherBssAmt0945588
IRS990/LegalDomicileStateCd0NY
IRS990/LessRentalExpensesGrp/RealAmt01248453
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO SERVE AS A FUNDRAISING ARM FOR BOLD CHARTER SCHOOL, AND TO SUPPORT BOLD CHARTER SCHOOL WITH FACILITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0643699
IRS990/NetAssetsOrFundBalancesEOYAmt01345027
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt01140819
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt01140819
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0643699
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01345027
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0797165
IRS990/OtherAssetsTotalGrp/EOYAmt06201026
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SUPPLIES & MATERIALS
IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/FundraisingAmt03054
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01545
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1474
IRS990/OtherExpensesGrp/TotalAmt04599
IRS990/OtherExpensesGrp/TotalAmt1474
IRS990/OtherLiabilitiesGrp/BOYAmt0428556
IRS990/OtherLiabilitiesGrp/EOYAmt05345274
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01886
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01155
IRS990/PrincipalOfficerNm0ERIC ZAKRE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt010952
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0272262
IRS990/PYOtherRevenueAmt0434448
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0173138
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0272262
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0445400
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0701328
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt01140819
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION WAS FORMED, SPECIFICALLY TO ENGAGE IN PROGRAMS AND ACTIVITIES TO ASSIST BOLD CHARTER SCHOOL.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SECTION E, LINE 2A
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0831419644
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BOLD CHARTER SCHOOL
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt01248453
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0450691
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0461282
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0484306
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0945588
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01112070
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1968832
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt24120124
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED LEASE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RIGHT OF USE ASSETS-OPERATING
IRS990ScheduleD/OtherExpensesIncludedAmt01248453
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01175403
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14169871
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LONG TERM LEASE LIABILITIES-OPERATING
IRS990ScheduleD/OtherRevenueAmt01248453
IRS990ScheduleD/RevenueNotReportedAmt01248453
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01152019
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE VARIOUS JURISDICTIONS WHERE THEY ARE REQUIRED TO DO SO. THE ORGANIZATION FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND IN NEW YORK STATE. WITH FEW EXCEPTIONS, AS OF JUNE 30, 2023, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED PRIOR TO JUNE 30, 2020. THE TAX RETURNS FOR YEARS ENDED JUNE 30, 2020 THROUGH JUNE 30, 2023 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS AND TAXING AUTHORITIES IN NEW YORK STATE. MANAGEMENT OF THE ORGANIZATION BELIEVES THEY HAVE NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, THEY HAVE NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0461282
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06201026
IRS990ScheduleD/TotalExpensesPerForm990Amt0450691
IRS990ScheduleD/TotalLiabilityAmt05345274
IRS990ScheduleD/TotalRevenuePerForm990Amt01152019
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02400472
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01699144
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS NO SUBCOMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS PROVIDED TO BOARD MEMBERS PRIOR TO THE FILING WITH THE APPROPRIATE TAX AUTHORITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION CLOSELY MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 187,424. MANAGEMENT AND GENERAL EXPENSES 125. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 187,549.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THIS PROCESS IS CONSISTENT WITH THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART XII, LINE 2C EXPLANATION
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BOLD CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0831419644
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01090 CLOSE AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BRONX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd010472
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01855535
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1750000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt222818
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0BOLD CHARTER SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1BOLD CHARTER SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2BOLD CHARTER SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01156539
IRS990/TotalAssetsEOYAmt06761396
IRS990/TotalAssetsGrp/BOYAmt01156539
IRS990/TotalAssetsGrp/EOYAmt06761396
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt011200
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03054
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0144505
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0303132
IRS990/TotalFunctionalExpensesGrp/TotalAmt0450691
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0512840
IRS990/TotalLiabilitiesEOYAmt05416369
IRS990/TotalLiabilitiesGrp/BOYAmt0512840
IRS990/TotalLiabilitiesGrp/EOYAmt05416369
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0643699
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01345027
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0303132
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01140819
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01152019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,761,396
Liabilities
$5,416,369
Net assets
$1,345,027
Revenue
$1,152,019
Expenses
$450,691
Net income
$701,328
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.67$7.81$1.86$0.84$0.33$0.52
2023Detailed filing. Detailed filing data is available for this year.$6.76$5.42$1.35$1.15$0.45$0.70
2022Detailed filing. Detailed filing data is available for this year.$1.16$0.51$0.64$0.45$0.27$0.17
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.08$0.47$0.38$0.17$0.21
2020Detailed filing. Detailed filing data is available for this year.$0.70$0.44$0.26$0.33$0.05$0.29
2019Summary only. Only limited summary data is available for this year.$0.09$0.17$0.02$0.11$0.08