The Bold Initiative Inc
Nonprofit profile at a glance
- EIN
- 133952816
- IRS 990-EZ coverage
- 2014–2015
- Forms available
- Form 990 2013, Form 990-EZ 2015
- Location
- New York, NY, USA
- Phone
- 2126859464
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Leadership Development
Reported finances
- Revenue
- $9,675
- Expenses
- $7,872
- Assets
- $113,558
- Liabilities
- $7,382
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- beatrice a fitzpatrick (CEO)
People named in this filing
- beatrice a fitzpatrick (CEO)
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 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A national non profit that works with large organizations to diversify their leadership and to change the way that work gets done by enabling employees at all levels each get the flexibility they need better to manage their lives, and to help organizations increase their productivity by learning how best to utilize its human capital.
What it reported doing in 2015
Maintaing relationships as it looks to wind down and transfer its operating platform to another like minded non profit organization.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% 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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 22
- Transparency & Controls: 100
- Sustainability: 73
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 20.3%; rating input score 20
- Program expense ratio: 25%; rating input score 25
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 18.6%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 14.43; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: -132.6% per year; rating input score 0; 2nd percentile among comparable filings
- Revenue growth: -32.4% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: 0% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 20.3% of revenue deployed · 25% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $2K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2014 to 2015
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 20/100.
- High — Financial Efficiency: Program expense ratio scored 25/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.