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Bold City Education Inc

EIN 46-2612875 · Jacksonville, FL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak15 out of 100GovernanceGood78 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • It owes more than it owns.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

TO OPERATE A PUBLIC CHARTER SCHOOL IN THE STATE OF FLORIDA. AT BOLD CITY EDUCATION, WE EQUIP STUDENTS WITH THE RELEVANT KNOWLEDGE, APPLICABLE SKILLS AND A GROWTH MINDSET THAT EMPOWERS THEM TO BE SUCCESSFUL, PRODUCTIVE CITIZENS WITHIN THEIR LOCAL AND GLOBAL COMMUNITIES. OUR YOUNG PEOPLE ARE LEARNING TODAY SO THEY WILL LEAD TOMORROW.

Income
$7.4 million
Spending
$14.8 million
Spent on programs
84%
Reserves
-25.9 months of spending
Largest source of income
government grants, 100%
Employees
207
Volunteers
0
Highest pay
$167,500, ceo

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 15 out of 100. Higher than 0% of charities in its peer group (education, $1m to $10m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    0 of 20

    It owes 133% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 99% of income.

  • Income trend

    0 of 15

    Income fell 57% on the year before.

  • Spending floor

    15 of 15

    84% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 78 out of 100. Higher than 36% of charities in its peer group (education, $1m to $10m).

  • Independent board

    18 of 25

    4 of 4 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $12.4 million spent. BOLD CITY EDUCATION, INC., A NON-PROFIT ORGANIZATION, OPERATES A NETWORK OF TUITION-FREE PUBLIC CHARTER SCHOOLS IN JACKSONVILLE, FLORIDA, SERVING STUDENTS FROM KINDERGARTEN THROUGH TWELFTH GRADE. DURING THE YEAR, THE ORGANIZATION SERVED A TOTAL OF 1,031 STUDENTS ACROSS ITS THREE CAMPUSES: SAN JOSE EARLY COLLEGE AT CECIL (200 STUDENTS), SAN JOSE PREP (590 STUDENTS), AND SAN JOSE PRIMARY SCHOOL (241 STUDENTS).THE SCHOOLS OPERATE AS COMPONENT UNITS OF BOLD CITY EDUCATION, INC. AND FUNCTION WITHIN THE DISTRICT SCHOOL BOARD OF DUVAL COUNTY, FLORIDA. THE ORGANIZATION IS SELF-GOVERNED BY A BOARD OF DIRECTORS RESPONSIBLE FOR ESTABLISHING POLICIES, OVERSEEING OPERATIONS, AND ENSURING COMPLIANCE WITH APPLICABLE EDUCATIONAL AND FINANCIAL REQUIREMENTS.BOLD CITY EDUCATION IS COMMITTED TO PROVIDING A SAFE, SUPPORTIVE, AND ACADEMICALLY CHALLENGING ENVIRONMENT THAT PROMOTES STUDENT SUCCESS AND PREPARES STUDENTS FOR COLLEGE, CAREER, AND LIFE THROUGH A COMPREHENSIVE EDUCATIONAL PROGRAM.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2017.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.