Bolles School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 55,866,326 | 48,480,144 | 7,386,182 | 19.8 | 37% |
| 2022 | 64,194,101 | 53,088,558 | 11,105,543 | 19.5 | 36% |
| 2023 | 61,962,179 | 55,968,116 | 5,994,063 | 20.1 | 37% |
| 2024 | 75,416,033 | 59,452,711 | 15,963,322 | 22.3 | 38% |
In its most recent public year (2024), this organization brought in $15,963,322 more than it spent. Its reserves stood at about 22.3 months of spending, up from 19.8 in 2021. Staff pay was 38% of spending. $41,010,655 of its net assets are donor-restricted.
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 2024. 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
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