Skip to content
Nonprofiteer
← BOLD TRAINING INSTITUTE INC

Form 990 for tax year 2022

Filed by BOLD TRAINING INSTITUTE INC.

Totals

Total revenue
$5,377,860
Total expenses
$2,891,141
Contributions and grants received
$5,070,924
Grants paid
$0
Program service revenue
$147,882
Investment income
$156,897
Other revenue
$2,157
Total assets, end of year
$20,704,726
Total liabilities, end of year
$315,150
Net assets or fund balances, end of year
$20,389,576
Program services expenses (Part IX)
$2,094,598
Management and general expenses
$562,622
Fundraising expenses
$233,921
Program service expenses (Part III)
$2,094,598

Program services were 72.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $5,070,924

  • 1g · Noncash contributions included above

    $24,610

  • 2a · Program service revenue: TRAINING

    total $147,882 · related or exempt $147,882

  • 3 · Investment income

    total $156,897 · excluded $156,897

  • 11a · Other revenue: OTHER REVENUE

    total $2,157 · excluded $2,157

  • 11e · Other revenue, total

    $2,157

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $387,222 · program services $231,306 · management and general $87,944 · fundraising $67,972

  • 7 · Other salaries and wages

    total $661,927 · program services $394,424 · management and general $186,752 · fundraising $80,751

  • 8 · Pension plan contributions

    total $44,756 · program services $26,481 · management and general $13,043 · fundraising $5,232

  • 9 · Other employee benefits

    total $53,271 · program services $22,699 · management and general $19,834 · fundraising $10,738

  • 10 · Payroll taxes

    total $149,079 · program services $87,707 · management and general $39,970 · fundraising $21,402

  • 11b · Fees: legal

    total $17,549 · program services $14,422 · management and general $2,516 · fundraising $611

  • 11c · Fees: accounting

    total $120,000 · program services $98,615 · management and general $17,204 · fundraising $4,181

  • 11g · Fees: other

    total $611,555 · program services $502,570 · management and general $87,676 · fundraising $21,309

  • 12 · Advertising and promotion

    total $1,759 · program services $1,446 · management and general $252 · fundraising $61

  • 13 · Office expenses

    total $62,524 · program services $31,335 · management and general $26,981 · fundraising $4,208

  • 14 · Information technology

    total $41,381 · program services $9,684 · management and general $30,571 · fundraising $1,126

  • 16 · Occupancy

    total $36,367 · program services $36,333 · management and general $34

  • 17 · Travel

    total $203,656 · program services $193,206 · management and general $5,689 · fundraising $4,761

  • 19 · Conferences, conventions and meetings

    total $297,139 · program services $279,525 · management and general $10,053 · fundraising $7,561

  • 22 · Depreciation, depletion and amortization

    total $70,568 · program services $70,568

  • 23 · Insurance

    total $22,362 · program services $14,649 · management and general $7,713

  • 24a · Other expenses: PROGRAM MATERIALS

    total $34,977 · program services $34,977

  • 24b · Other expenses: REPAIRS & MAINTENANCE

    total $30,822 · program services $29,736 · management and general $1,086

  • 24c · Other expenses: PROCESSING FEES

    total $22,561 · program services $10,136 · management and general $10,827 · fundraising $1,598

  • 24d · Other expenses: OTHER EXPENSES

    total $15,061 · program services $3,322 · management and general $10,064 · fundraising $1,675

  • 24e · All other expenses

    total $6,605 · program services $1,457 · management and general $4,413 · fundraising $735

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,361,267 · end of year $1,347,829

  • 2 · Savings and temporary cash investments

    beginning of year $7,688,032 · end of year $14,178,412

  • 3 · Pledges and grants receivable

    beginning of year $2,593,028 · end of year $2,924,127

  • 4 · Accounts receivable

    beginning of year $14,192

  • 9 · Prepaid expenses and deferred charges

    beginning of year $16,974 · end of year $49,578

  • 10a · Land, buildings and equipment: cost or other basis

    $2,269,481

  • 10b · Land, buildings and equipment: accumulated depreciation

    $64,701

  • 10c · Land, buildings and equipment, net

    beginning of year $2,249,420 · end of year $2,204,780

  • 17 · Accounts payable and accrued expenses

    beginning of year $211,071 · end of year $315,150

  • 27 · Net assets without donor restrictions

    beginning of year $14,586,342 · end of year $16,182,581

  • 28 · Net assets with donor restrictions

    beginning of year $3,125,500 · end of year $4,206,995

Mission and programs · 2022

Mission

BOLD (BLACK ORGANIZERS FOR LEADERSHIP AND DIGNITY) IS A CATALYST FOR TRANSFORMATIVE BLACK LEADERSHIP, SUPPORTING IMPACTFUL AND COORDINATED MOVEMENTS THROUGH TRAINING, PROJECT INCUBATION, AND NETWORK CULTIVATION.

Activities or mission (Part I)

SEE PART III, LINE 1.

  • AFTER 12 YEARS OF OPERATION, BOLD HAS TRAINED OVER 600 OF THE NATION'S TOP BLACK ORGANIZERS IN TRANSFORMATIONAL LEADERSHIP PRINCIPLES, ENHANCING THE CAPACITY OF BLACK-LED ORGANIZATIONS AND MOVEMENTS. BOLD IS CREATING A PHYSICAL ANCHOR FOR ITS SPACE-BUILDING WORK AND PROVIDING A TANGIBLE RESOURCE FOR ITS SOCIAL JUSTICE ECOSYSTEM THROUGH REGENERATIVE-BASED LAND STEWARDSHIP THAT PRIORITIZES AGROECOLOGICAL PRACTICES.BOLD'S IMPACT EXTENDS INTERNATIONALLY THROUGH DEEP SOLIDARITY WITH SOCIAL JUSTICE MOVEMENTS IN THE GLOBAL SOUTH. OUR INTERNATIONAL SOLIDARITY BROADENS OUR PERSPECTIVE AND UNDERSTANDING OF HUMAN RIGHTS, CLIMATE JUSTICE, FOOD SOVEREIGNTY, AND RESTORATIVE JUSTICE WHILE FOSTERING GLOBAL CONNECTIONS AND PEOPLE-TO-PEOPLE SOLIDARITY. THE CURRICULUM DEVELOPED BY BOLD INTRODUCES PARTICIPANTS TO NEW SKILLS AND PRACTICES, REINFORCING EXISTING KNOWLEDGE AND FILLING CRITICAL GAPS IN LEADERSHIP DEVELOPMENT. THIS PERSONAL TRANSFORMATION OFTEN TRANSFERS TO ORGANIZATIONAL PRACTICES, WITH PARTICIPANTS IMPLEMENTING BOLD'S METHODOLOGIES IN THEIR HOME ORGANIZATIONS.A KEY ASPECT OF BOLD'S APPROACH IS ENCOURAGING THE "UNLEARNING" OF TRANSACTIONAL ORGANIZING METHODS, PROMOTING MORE HOLISTIC AND SUSTAINABLE APPROACHES TO COMMUNITY ORGANIZING. THE MAIN PILLARS OF OUR PROGRAMMING ARE TRANSFORMATIVE ORGANIZING, EMBODIED LEADERSHIP, AND POLITICAL EDUCATIONALL UNGIRDED BY SOMATIC PRACTICES. BOLD ALSO PROVIDES ONGOING SUPPORT THROUGH CONTINUED ACCESS TO TRAINERS AND ENGAGEMENT OPPORTUNITIES ENSURING LONG-TERM IMPACT AND GROWTH.BOLD SERVES AS A CONTAINER IN BLACK ORGANIZING, HOLDING SPACE FOR INDIVIDUALS, ORGANIZATIONS, MOVEMENTS, ISSUES, AND RELATIONSHIPS. THROUGH THESE ACHIEVEMENTS, BOLD CONTINUES TO ACT AS A LEADING INSTITUTION IN BLACK LEADERSHIP DEVELOPMENT, GROWING ITS ECOSYSTEM, BROADENING PROGRAMMING, INCREASING CAPACITY, AND LIVING INTO ITS LEGACY OF TRANSFORMATIVE CHANGE. THE ORGANIZATION'S WORK HAS REINFORCED PRACTICES AND KNOWLEDGE FOR SOME PARTICIPANTS, WHILE FOR MANY OTHERS, IT HAS INTRODUCED THEM TO NEW SKILLS AND PRACTICES IN A SPACE THEY HAD LONG YEARNED FOR, CREATING A PROFOUND AND LASTING IMPACT ON BOTH INDIVIDUAL LEADERS AND THE BROADER LANDSCAPE OF BLACK ORGANIZING.

    Expenses $2,094,598 · Revenue $147,882

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Denise Perry

    PRESIDENT & EXEC. DIR.

    Total calculated
    $113,190
    From this org
    $107,690
    From related orgs
    $0
    Other
    $5,500
    Hours/week
    40

  • Danielle Mahones

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Toles

    SECRETARY & NAT'L ORGANIZER

    Total calculated
    $108,200
    From this org
    $97,200
    From related orgs
    $0
    Other
    $11,000
    Hours/week
    40

  • Maurice Weeks

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Ingrid Benedict

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Nathaniel Williams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Mina Remy

    CO-ED, RESOURCE MOBILIZATION & OPS

    Total calculated
    $103,680
    From this org
    $103,680
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Jonathan Smith

    NATIONAL ORGANIZER

    Total calculated
    $107,560
    From this org
    $102,060
    From related orgs
    $0
    Other
    $5,500
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • HARRIETS MAROON FUTURES LLC

    TITLE HOLDING · GA · income $2,279,847 · assets $2,279,847

    Directly controlled by BOLD

Provenance

Return type
form_990
Tax year
2022
Filed
15 August 2024
IRS schema version
2022v5.0
Source object
202422289349303057

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.