Bolles School is a 501(c)(3) organization based in Jacksonville, Florida, registered in 1937, with $76,989,032 in FY2024 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
Revenue (FY2024)
$77.0M
▲ 2.1% vs prior year
Education median: $200K
Expenses (FY2024)
$64.0M
Net assets
$122.6M
Employees
526
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Bolles School: 82% to programs · $17 to raise $100 earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bolles School: 23 mo reserves · +17% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Bolles School: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bolles School: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Private college preparatory school with an international reputation for excellence.
Revenue grew from $37.9M (FY2013) to $77.0M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
16.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$183.0M
Total liabilities
$60.4M
Net assets
$122.6M
Salaries & benefits
$33.2M
52% of expenses
Board members
25
24 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $76,989,032▲2.1% | $64,025,041▲7.7% | $122,623,001▲11.0% | $182,982,009▲8.4% | 990 |
| 2023 | $75,416,033▲21.7% | $59,452,711▲6.2% | $110,472,030▲18.1% | $168,796,104▲13.5% | 990 |
| 2022 | $61,962,179▼3.5% | $55,968,116▲5.4% | $93,566,884▲8.6% | $148,725,221▲7.9% | 990 |
| 2021 | $64,194,101▲14.9% | $53,088,558▲9.5% | $86,144,441▲7.8% | $137,898,814▲4.5% | 990 |
| 2020 | $55,866,326▲9.3% | $48,480,144▲3.7% | $79,924,981▲15.2% | $131,930,396▲26.2% | 990 |
| 2019 | $51,090,480▼6.1% | $46,755,441▼0.4% | $69,380,557▲7.8% | $104,501,301▲5.7% | 990 |
| 2018 | $54,437,798▲37.8% | $46,965,254▲23.9% | $64,357,965▲13.6% | $98,907,006▲7.4% | 990 |
| 2017 | $39,491,422▼0.2% | $37,918,099▲4.0% | $56,636,639▲5.6% | $92,053,004▲4.9% | 990 |
| 2016 | $39,553,645▲9.9% | $36,476,931▲1.5% | $53,653,363▲10.1% | $87,742,447▲6.7% | 990 |
| 2015 | $35,995,562▲0.2% | $35,920,413▼0.1% | $48,739,599▼1.0% | $82,269,996▲0.6% | 990 |
| 2014 | $35,935,049▼5.1% | $35,963,263▲5.6% | $49,236,652▲0.7% | $81,780,838▲0.3% | 990 |
| 2013 | $37,852,928 | $34,056,973▲1.8% | $48,904,827▲10.7% | $81,508,791▲2.8% | 990 |
| 2012 | — | $33,461,482▲7.0% | $44,168,629▲6.1% | $79,298,274▲3.7% | 990 |
| 2011 | — | $31,263,345▲47.0% | $41,642,822▲24.1% | $76,444,421▲29.3% | 990 |
| 2010 | — | $21,272,686▲2.4% | $33,551,829▲81.8% | $59,104,897▲5.7% | 990 |
| 2009 | — | $20,780,004 | $18,457,823 | $55,911,672 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Tyler Hodges — $448,908 (0.70% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Tyler Hodges | President Head of School | 40 | $448,908 |
| Jeff Role | Cfo/coo | 40 | $280,572 |
| Carol Nimitz | Chief Advancement Officer | 40 | $189,495 |
| Peter Verhoef | Director Aquatics | 40 | $168,999 |
| Kila Mccann | Dean of Enrollment & Accessibility | 40 | $155,925 |
| Christy Lusk | Campus Head, Whitehurst | 40 | $155,032 |
| Moya Marks | Campus Head, San Jose | 40 | $141,847 |
| A Chester Skinner IV | Trustee | 1 | — |
| Ali Chahlavi | Trustee | 1 | — |
| Allison Korman Shelton | Trustee | 1 | — |
| A Rodney Vanpelt | Trustee | 1 | — |
| Dana Fender | Trustee | 1 | — |
| Daniel Dross | Trustee | 1 | — |
| Decoven Brown | Trustee | 1 | — |
| Dewayne Terry | Trustee | 1 | — |
| Fernando Acosta-rua | Trustee | 1 | — |
| Francis Sanchez | Trustee | 1 | — |
| Jed Davis | Trustee | 1 | — |
| John Surface | Secretary | 1 | — |
| Karen Stone | Trustee | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Stellar Group Inc | Construction & Engineering Services | $10,138,286 |
| Aramark | Maintenance, Grounds & Custodial | $2,933,355 |
| Flik Dining | Dining Services | $2,179,936 |
| The Mayan Group LLC | Construction & Engineering Services | $1,416,465 |
| Complete Comfort Specialists LLC | Hvac Services | $1,019,022 |
129 grants to Bolles School totaling $4.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Raymond James Charitable Endowment Fund | General support | 2024 | $301,000 |
| Ayco Charitable Foundation | Education | 2024 | $120,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $82,000 |
| The Community Foundation For Northeast Florida Inc | Ottenstroer excellence in teaching fellowships | 2024 | $47,900 |
| Charities Aid Foundation America | Charitable donation | 2024 | $21,591 |
| The Community Foundation For Northeast Florida Inc | For general operating support | 2024 | $13,595 |
| The Community Foundation For Northeast Florida Inc | For general operating support | 2024 | $10,000 |
| The Community Foundation For Northeast Florida Inc | Annual fund | 2024 | $10,000 |
| The Community Foundation For Northeast Florida Inc | For upkeep, maintenance and repair of and capital improvements to the lynch theater facility on the san jose campus and for the costs of performing arts programs and productions in the theater. | 2024 | $9,203 |
| American Online Giving Foundation Inc | General support | 2024 | $7,567 |
| The Community Foundation For Greater Atlanta Inc | Mental health | 2024 | $6,500 |
| The Community Foundation For Northeast Florida Inc | For general operating support | 2024 | $6,000 |
| The Community Foundation For Northeast Florida Inc | Annual fund | 2024 | $6,000 |
| The Community Foundation For Northeast Florida Inc | This is going toward the "finish with 5 campaign" - sanchez fender center of innovation at the bolles upper school campus | 2024 | $5,000 |
| The Community Foundation For Northeast Florida Inc | Sanchez fender center | 2024 | $5,000 |
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Data for Bolles School (EIN 59-0637814) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.