Bold3 Coffee
Nonprofit profile at a glance
- EIN
- 824196996
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2020
- Location
- Wayzata, MN, USA
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Religion Related N.E.C.
- Affiliation
- Christianity
Reported finances
- Revenue
- $25,826
- Expenses
- $29,718
- Assets
- $22,927
- Liabilities
- $6,264
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Jessica Norring (President)
- Nick Norring (Executive Director)
People named in this filing
- Jessica Norring (President)
- Pete Johnson (Treasurer)
- Dan Pedro (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
BOLD3 Coffee incorporated January 26 2018 is a Minnesota nonprofit organized exclusively for charitable religious educational and scientific purposes under Section 501c3. It exists to encourage people to take bold next steps in their faith and share the hope of Jesus Christ locally and globally. Its religious purpose is to advance Christianity by equipping and encouraging individuals through events education community gatherings support initiatives and media outreach. Its charitable purpose includes combating community deterioration supporting the poor and underserved and promoting unity and respect across cultures. BOLD3 Coffee partners with churches nonprofits and local communities to provide service and volunteer opportunities while creating a welcoming space for connection and growth. Mission: Empowering others to be BOLDthrough a whole lot of Jesus and a good cup of coffee. Vision: A world filled with billions of BOLD ambassadors for Jesus Christ.
What it reported doing in 2025
BOLD3 Coffees Buy Coffee Give Hope initiative reached 20,454 children in 2025 with Gods Word. Through coffee sales on its website and Amazon each bag purchased helps provide Scripture to three children in need in partnership with the nonprofit OneHope. Every purchase supports both ministry funding and Bible distribution worldwide. BOLD3 Coffee also prioritizes ethical sourcing using Fair Trade Certified and USDA Organic beans to ensure quality and responsible practices. Since launching in 2018 the program has impacted 138,825 children globally. By combining a love for coffee with a mission to share Hope BOLD3 Coffee continues to make a meaningful difference in communities around the world.
Operating model
- Revenue model
- Other-operating. 94% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 87% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 25
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 95%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -15.1%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.77; rating input score 41; 41st percentile among comparable filings
- Liabilities to assets ratio: 0.27; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 41.7%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: 15.6% per year; rating input score 100; 77th percentile among comparable filings
- Revenue growth: 4.2% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: -20.2% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 95% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $28K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2021 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 25/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
- High — Sustainability: Officer compensation ratio scored 4/100.
- High — Sustainability: Liabilities to assets ratio scored 10/100.