Civic Intelligence

Bosque School

990 • Fiscal year 2024 • EIN 85-0420092

Jul 01, 2023 to Jun 30, 2024 • Filed on Dec 18, 2025

Organization Profilewww.BosqueSchool.org

View Organization Page

4000 Bosque School Road NWAlbuquerque, NM 87120

(505) 898-6388

Siviq Scores

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

Liabilities / Assets

39th percentile

0.25x

Higher debt load relative to assets than 39% of similar nonprofits.

2024 filings • NTEE B • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.66x

Higher debt load relative to revenue than 51% of similar nonprofits.

2024 filings • NTEE B • $25M-$50M nonprofits • Source year 2024

Net Margin

22nd percentile

-9.2%

Higher net margin than 22% of similar nonprofits.

2024 filings • NTEE B • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

61st percentile

$255,246

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2024 filings • NTEE B • $25M-$50M nonprofits • Source year 2024

Asset Growth

25th percentile

-2.0%

Faster asset growth than 25% of similar nonprofits.

2024 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-10.0%

Faster revenue growth than 14% of similar nonprofits.

2024 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets39th percentile

Assets

Down

$33,849,046

Down $696,434 (-2.0%) from 2023

Net Assets

Down

$25,287,384

Down $788,635 (-3.0%) from 2023

Liabilities

Up

$8,561,662

Up $92,201 (+1.1%) from 2023

Revenue And Expenses
Liabilities / Revenue51st percentileNet Margin22nd percentile

Revenue

Down

$13,044,706

Down $1,448,046 (-10.0%) from 2023

Expenses

Up

$14,247,935

Up $789,664 (+5.9%) from 2023

Net Income

Down

-$1,203,229

Down $2,237,710 (-216%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$40M$30M$20M$10M$0Assets 2011: $35,609,229Liabilities 2011: $13,182,960Net Assets 2011: $22,426,2692011Assets 2012: $36,229,241Liabilities 2012: $13,315,546Net Assets 2012: $22,913,6952012Assets 2013: $36,532,320Liabilities 2013: $12,922,643Net Assets 2013: $23,609,6772013Assets 2014: $30,804,933Liabilities 2014: $6,531,194Net Assets 2014: $24,273,7392014Assets 2015: $31,531,826Liabilities 2015: $6,916,126Net Assets 2015: $24,615,7002015Assets 2016: $30,354,151Liabilities 2016: $5,594,183Net Assets 2016: $24,759,9682016Assets 2017: $30,660,583Liabilities 2017: $5,293,428Net Assets 2017: $25,367,1552017Assets 2018: $30,459,177Liabilities 2018: $4,919,379Net Assets 2018: $25,539,7982018Assets 2019: $29,237,633Liabilities 2019: $3,739,226Net Assets 2019: $25,498,4072019Assets 2020: $29,064,478Liabilities 2020: $4,583,404Net Assets 2020: $24,481,0742020Assets 2021: $29,107,853Liabilities 2021: $3,373,875Net Assets 2021: $25,733,9782021Assets 2022: $33,698,643Liabilities 2022: $8,938,611Net Assets 2022: $24,760,0322022Assets 2023: $34,545,480Liabilities 2023: $8,469,461Net Assets 2023: $26,076,0192023Assets 2024: $33,849,046Liabilities 2024: $8,561,662Net Assets 2024: $25,287,3842024

Highlighted filing

2024

Assets$33,849,046
Liabilities$8,561,662
Net Assets$25,287,384
Open 2024 Filing

Operations Trend

Revenue Growth14th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $11,509,878Expenses 2011: $11,606,689Net Income 2011: -$96,8112011Revenue 2012: $12,266,069Expenses 2012: $11,701,259Net Income 2012: $564,8102012Expenses 2013: $12,173,1832013Revenue 2014: $12,865,370Expenses 2014: $12,545,796Net Income 2014: $319,5742014Revenue 2015: $13,377,544Expenses 2015: $12,941,426Net Income 2015: $436,1182015Revenue 2016: $13,372,207Expenses 2016: $13,232,228Net Income 2016: $139,9792016Revenue 2017: $13,504,592Expenses 2017: $13,158,925Net Income 2017: $345,6672017Revenue 2018: $13,315,361Expenses 2018: $13,227,608Net Income 2018: $87,7532018Revenue 2019: $13,948,363Expenses 2019: $14,136,452Net Income 2019: -$188,0892019Revenue 2020: $13,220,454Expenses 2020: $14,184,794Net Income 2020: -$964,3402020Revenue 2021: $13,804,163Expenses 2021: $13,593,102Net Income 2021: $211,0612021Revenue 2022: $13,258,557Expenses 2022: $12,743,687Net Income 2022: $514,8702022Revenue 2023: $14,492,752Expenses 2023: $13,458,271Net Income 2023: $1,034,4812023Revenue 2024: $13,044,706Expenses 2024: $14,247,935Net Income 2024: -$1,203,2292024

Highlighted filing

2024

Revenue$13,044,706
Expenses$14,247,935
Net Income-$1,203,229
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Dec 18, 2025
Return Version
2023v6.0
Gross Receipts
$14,137,352
Mission and Program Overview

Mission

To create transformative learning experiences that empower a diverse community of students to lead lives of intellectual curiosity, personal integrity, and compassionate contribution to a more just world.

Bosque School is a coeducational college preparatory school creating transformative learning experiences that empower a diverse community of students to lead lives of intellectual curiosity, personal integrity, and compassionate contribution to a more just world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$17,322,389$16,728,114▼ $594,275
Accounts Receivable$7,674,780$7,663,876▼ $10,904
Investments in Publicly Traded Securities$4,815,697$5,242,651▲ $426,954
Savings and Temporary Cash Investments$4,076,122$3,712,279▼ $363,843
Prepaid Expenses and Deferred Charges$225,937$171,245▼ $54,692
Pledges and Grants Receivable$224,158$148,125▼ $76,033
Cash and Non-Interest-Bearing Accounts$86,838$26,581▼ $60,257
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$34,545,480$33,849,046▼ $696,434
Other Assets Total$119,559$156,175▲ $36,616
Liabilities
Deferred Revenue$7,317,661$7,288,011▼ $29,650
Accounts Payable and Accrued Expenses$320,007$645,897▲ $325,890
Tax Exempt Bond Liabilities$831,793$627,754▼ $204,039
Total Liabilities$8,469,461$8,561,662▲ $92,201
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$22,441,845$21,658,008▼ $783,837
Net Assets With Donor Restrictions$3,634,174$3,629,376▼ $4,798
Total Net Assets Fund Balance$26,076,019$25,287,384▼ $788,635
Total Liabilities and Net Assets / Fund Balance$34,545,480$33,849,046▼ $696,434

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,331,885$9,057,567$18,389,452
Land$5,984,522-$5,984,522
Leasehold Improvements$1,108,369$3,110,933$4,219,302
Other Land Buildings$185,498$1,670,374$1,855,872
Equipment$117,840$728,394$846,234

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$4,815,699$2,248▲ $633,280-$5,245,651
2022$4,619,283$1,240▲ $398,602-$4,819,699
2021$5,427,235$2,740▼ $639,245-$4,619,283
2020$4,456,194$8,990▲ $1,126,480-$5,427,235
2019$4,398,932$107,191▲ $105,837-$4,456,194
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jessie BarrieHead of SchoolFT$240,778$14,468$255,246
Thomas MacDonaldHead Upper SchoolFT$104,125$5,206$109,331
Brent WillisPast CFOFT$98,953$1,998$100,951
Caroline CervantesTrustee--$22,000$22,000

Board Members and Trustees

NameTitle
Mark FidelChair
Jennifer deGraauwVice Chair
Andy SullivanTrustee
Brandon GarrettTrustee
Cara ChavezTrustee
Jenny PlaneTrustee
Jose ViramontesTrustee
Rachel GuptonTrustee
Santana FontanaTrustee
Sarah BiondiTrustee
Shawn BermanTrustee
Theresa CarsonTrustee
Torri JacobusTrustee
Peggy FindlayBOT Emeritus
Kelly SmyerSecretary
Marisa BarreraTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,597,753
Program Service Revenue
$10,943,002
Investment Income
$372,604
Other Revenue
$131,347
All Other Contributions
$1,553,067
Change in Net Assets
$-1,203,229

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$10,000Fair Market Value (FMV)
Securities Publicly Traded2$6,193Fair Market Value (FMV)
Food Inventory450$4,189Fair Market Value (FMV)
Other Non Cash Contri Table2$3,000Fair Market Value (FMV)
Other Non Cash Contri Table1$900Fair Market Value (FMV)
Other Non Cash Contri Table1$850Fair Market Value (FMV)
Other Non Cash Contri Table1$750Fair Market Value (FMV)
Other Non Cash Contri Table11$535Fair Market Value (FMV)
Total Noncash Contributions469$26,417-

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,044,706
Revenue Not Reported on Form 990
$-2,646,886
Total Revenue per Audited Statements
$10,397,820
Total Revenue per Form 990
$13,044,706
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,917,084
Other Expenses$4,275,315
Grants and Similar Amounts Paid$3,055,536
Total Fundraising Expense$389,205
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,907,535$1,305,497$131,383$5,344,415
Grants to Domestic Individuals$3,055,536--$3,055,536
Depreciation Depletion$753,675$42,449$4,806$800,930
Other Employee Benefits$449,184$153,947$71,731$674,862
Payroll Taxes$276,766$97,461$12,172$386,399
All Other Expenses$133,113$184,147$61,168$378,428
Occupancy$291,510$60,892$1,824$354,226
Current Officers, Directors, Trustees, and Key Employees-$255,614$45,108$300,722
Information Technology$248,635$28,723-$277,358
Advertising-$238,367$22,988$261,355
Pension Plan Contributions$144,404$62,053$4,229$210,686
Fees for Services Other$129,625$27,077$31,670$188,372
Other Expenses$130,815$100,244$819$100,244
Insurance$81,828$17,093$512$99,433
Office Expenses-$64,777-$64,777
Fees for Services Accounting-$34,242-$34,242
Interest$25,970$5,425$163$31,558
Fees for Services Legal-$26,327-$26,327
Fees for Service Investment Mgmnt Fees-$26,088-$26,088
Travel--$632$632
Total Functional Expenses$11,100,982$2,757,748$389,205$14,247,935

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$14,247,935
Total Expenses per Audited Statements$11,186,455
Expenses per Audited Statements$11,180,768
Expenses Not Reported on Financial Statements$3,067,167
Other Expense Adjustments$3,067,167
Expenses Not Reported on Form 990$5,687
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$14,457
Fundraising Gross Income$6,870
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall Festival$51,556$6,870$12,172$-5,302
Total Events$51,556$6,870$14,457$-7,587
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The Form 990 is reviewed by the CFO, the Board Treasurer, the Head of School, the Finance Committee and the Chair of the Board of Trustees before filing. The Finance Committee makes a recommendation to the Board to accept the Form 990. The Form 990 is emailed to the full Board prior to filing.”

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

“Bosque School follows the procedures of its Conflict of Interest Policy which details procedures for handling potential or actual conflicts. Officers, directors, trustees and key employees are required to annually complete a statement detailing any conflicts of interest. Any areas of concern are reviewed by the Board Chair and the Board Treasurer.”

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

“The Executive Committee of the Board of Trustees evaluates the Head of School's performance and determines any changes to compensation and contract. The compensation is set by review of statistical national and regional surveys of compensation for Heads of School at similar schools, as well as review of local conditions and performance. The National Association of Independent Schools and our accrediting organization, the Independent Schools Association of the Southwest both publish comparability data that is used in the determination.”

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

“The process for review and compensation analysis of other officers and key employees is the same as that described for the CEO, Executive Director and top management officials.”

Form 990, Part VI, Section C, Line 19

“All governing documents, policies and financial statements are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Bosque School
EIN
85-0420092
Phone
5058986388
Address
4000 Bosque School Road NW, Albuquerque, NM 87120

Signing Officer

Name
Jessie Barrie
Title
Head of School
Signed
2025-12-18
Discuss with paid preparer
Yes

Organization Details

Formed
1994
Legal Domicile
Nm
Voting Board Members
16
Independent Board Members
16
Employees
244
Volunteers
150

Preparer

Firm
Janice Moen CPA
Address
12 Vista Drive, Hooksett, NH 03106
Preparer
Janice Moen CPA
Phone
5052502231
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The School is a not-for-profit organization and qualifies as an organization described in Section 501(c)(3) of the Internal Revenue Code. As such, the School is exempt from federal income taxes under Section 501(a) except on net income derived from unrelated business activities. The School does not have a material unrelated business income tax liability for the years ended June 30, 2024 and June 30,2023. The School believes that it has taken no significant uncertain tax position.”

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

“Financial Aid netted against revenue $3055536 Event expenses netted against revenue $-14457 Investment fees netted against revenue $26088”

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$33,849,046
Liabilities
$8,561,662
Net assets
$25,287,384
Revenue
$13,044,706
Expenses
$14,247,935
Net income
-$1,203,229
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$33.8$8.56$25.3$13.0$14.2$1.20
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.5$8.47$26.1$14.5$13.5$1.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.7$8.94$24.8$13.3$12.7$0.51
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.1$3.37$25.7$13.8$13.6$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.1$4.58$24.5$13.2$14.2$0.96
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.2$3.74$25.5$13.9$14.1$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.5$4.92$25.5$13.3$13.2$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.7$5.29$25.4$13.5$13.2$0.35
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.4$5.59$24.8$13.4$13.2$0.14
2015Detailed filing. Detailed filing data is available for this year.$31.5$6.92$24.6$13.4$12.9$0.44
2014Detailed filing. Detailed filing data is available for this year.$30.8$6.53$24.3$12.9$12.5$0.32
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.5$12.9$23.6$12.2
2012Summary only. Only limited summary data is available for this year.$36.2$13.3$22.9$12.3$11.7$0.56
2011Summary only. Only limited summary data is available for this year.$35.6$13.2$22.4$11.5$11.6$0.10
Peer Organizations

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