Bold Charter School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,027,987 | 558,143 | 469,844 | 10.1 | 37% |
| 2020 | 2,941,893 | 2,977,718 | −35,825 | 1.7 | 37% |
| 2021 | 4,970,389 | 3,645,853 | 1,324,536 | 5.8 | 39% |
| 2022 | 6,952,750 | 6,024,639 | 928,111 | 5.4 | 39% |
| 2023 | 9,702,009 | 10,088,144 | −386,135 | 2.7 | 41% |
In its most recent public year (2023), this organization spent $386,135 more than it brought in. Its reserves stood at about 2.7 months of spending, down from 10.1 in 2019. Staff pay was 41% 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
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