Bold City Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 3,238,539 | 2,813,674 | 424,865 | 0.8 | 0% |
| 2017 | 2,294,236 | 2,229,113 | 65,123 | 1.3 | 0% |
| 2018 | 2,375,953 | 2,330,769 | 45,184 | 1.5 | 41% |
| 2019 | 2,644,609 | 2,780,782 | −136,173 | 0.7 | 40% |
| 2020 | 3,636,727 | 4,013,018 | −376,291 | -0.7 | 36% |
| 2021 | 7,864,021 | 8,979,604 | −1,115,583 | -1.8 | 31% |
| 2022 | 10,591,856 | 9,724,265 | 867,591 | 2.3 | 0% |
| 2023 | 16,736,970 | 17,481,932 | −744,962 | -2.0 | 36% |
In its most recent public year (2023), this organization spent $744,962 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2 months), down from 0.8 in 2016. Staff pay was 36% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Bold City Education Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works