Overview
What is Bolder Options?
Bolder Options is a nonprofit organization based in Minneapolis, Minnesota, established in 1993. Their primary focus is on mentoring at-risk youth between the ages of 10 and 14, addressing challenges in academics, social and emotional well-being, family relationships, and other areas of life. They strategically match these youth with volunteer mentors, working together to set and achieve clear goals. The mentoring program lasts for a year, focusing on community connectivity, lifelong learning, healthy living, and social and emotional development through weekly activities. In 2022, the program engaged 81 youth and mentor pairs, with 85% of the youth completing their goals and graduating from the program. Embracing diversity and cultural differences is integral to their mission, fostering personal growth, a sense of identity, and opportunities for learning. Bolder Options aims to ensure the fulfillment of the community's youth, regardless of their circumstances, and teach them to succeed in various aspects of life.
Official website here: www.bolderoptions.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Bolder Options has achieved a high score of 96% from Charity Navigator, reflecting strong performance in accountability and finance. The organization boasts a fully independent board, with 100% of its members meeting independence criteria, and a solid financial structure indicated by a low liabilities to assets ratio of 42.66%. Additionally, the charity has a robust oversight framework, including an audit committee and well-documented policies related to conflict of interest and whistleblower protections.
The program expense ratio is impressive at 70.95%, signifying that a significant portion of its resources is directly invested in its programs rather than administrative costs. All financial statements and board meeting minutes are properly documented, contributing to the transparency of the organization. This level of accountability is essential for building trust with donors and stakeholders.
There are no noted limitations or concerns in the data provided, highlighting a well-managed organization that adheres to best practices in governance and financial oversight. Bolder Options stands out as a responsible nonprofit dedicated to effective program delivery.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Bolder Options?
94% of reviewers on Facebook recommend Bolder Options. Here is a summary of their reviews:
The general sentiment surrounding Bolder Options is overwhelmingly positive, with many expressing admiration for the organization's commitment to youth empowerment. Comments highlight the effectiveness of their programs and the valuable opportunities provided to young individuals. Many reviewers appreciate the well-executed initiatives that aid in the personal and professional development of participants.
Overall, supporters commend the nonprofit for its impact on the community and recognize the dedication of its team in delivering meaningful services. The encouragement and praise from the community reflect a strong belief in the organization's mission and effectiveness in fulfilling its goals.
This AI summary has been generated from reviews found on Facebook.
Is Bolder Options legitimate?
Bolder Options is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bolder Options submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $839,400
For more financial information, click here
Official website here: www.bolderoptions.org
What is the mission statement of Bolder Options?
Bolder Options, a mentoring program established in 1993, aims to support at-risk youth between the ages of 10 and 14. By strategically pairing these young individuals with volunteer mentors, the program aims to reduce truancy and juvenile delinquency. The one-on-one mentoring process incorporates running, biking, academic goal setting, and volunteerism to boost self-esteem and instill healthy habits. The mentor-pair meets weekly for 2-4 hours over a year-long period, focusing on four key areas of personal development: community connectivity, lifelong learning, healthy living, and social/emotional development. In 2022, the mentoring program engaged 81 youth and mentor pairs, with 85% of youth completing their set goals and graduating from the program. Bolder Options values the diversity within its community and recognizes that embracing cultural and community differences offers opportunities for personal growth and connection.
Official website here: www.bolderoptions.org
Who is the CEO of Bolder Options?
Darrell Thompson is the Director of Bolder Options.
Official website here: www.bolderoptions.org
What is the revenue of Bolder Options?
Bolder Options's revenue in 2022 was $1,375,579.
Official website here: www.bolderoptions.org
Who are the executives of Bolder Options and what are their salaries?
The average compensation at Bolder Options during 2022 was $38,155. There are 22 employees and 210 volunteers at Bolder Options.
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $143,905
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bolderoptions.org
Where can I find the form 990 for Bolder Options?
Bolder Options's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bolderoptions.org
Learn more at the official website: www.bolderoptions.org
Mission Statement of Bolder Options
Bolder Options, a nonprofit organization, is dedicated to empowering at-risk youth aged 10-14 by providing them with one-on-one mentoring. The mission of Bolder Options is to reduce truancy and juvenile delinquency through a unique approach that combines running, biking, academic goal setting, and volunteerism. This holistic mentoring program aims to build self-esteem and encourage healthy habits in these young individuals, who are often facing challenges in various aspects of their lives, including academics, social and emotional well-being, family and peer relationships, and more.
Bolder Options matches these youth with volunteer mentors and works collaboratively with them to set clear and attainable goals. The mentor pairs meet weekly for 2-4 hours over the course of a year, focusing on four key areas of personal development: community connectivity, lifelong learning, healthy living, and social/emotional development. The activities planned by staff during this year-long program are designed to foster growth and achievements in these areas.
In 2022, Bolder Options engaged 81 youth and mentor pairs, with 85% of the youth completing their goals and graduating from the program. The organization recognizes and values the diversity among its participants and uses cultural and community differences to build connections, reinforce a sense of identity, and promote self-worth and belonging. By providing opportunities to learn from diverse experiences, Bolder Options helps ensure the realization of the community's youth's potential, regardless of their circumstances.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Bolder Options has a significant impact on young people aged 10-14 by providing transformational and wellness-based mentoring through its one-on-one mentorship program. By strategically matching at-promise youth with volunteer mentors, the organization helps them navigate challenges related to academics, social/emotional well-being, and family/peer relationships. Through weekly activities centered around community connectivity, lifelong learning, healthy living, and social/emotional development, Bolder Options empowers youth to set and achieve clear goals.
In 2022, Bolder Options engaged 81 youth and mentor pairs, with an impressive 85% of youth completing their goals and graduating from the program. By focusing on relationships and embracing diversity, the organization creates opportunities for personal growth and connection. Bolder Options aims to ensure that all youth in the community, regardless of their circumstances, have the support and resources they need to succeed in life.
This information is meant to be a general summary of Bolder Options. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $548
- Gross Receipts: $1,515,189
Assets and Liabilities:
- Total Assets: $1,702,903
- Total Liabilities: $818,872
- Net Assets: $884,031
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1998
Phone
(612) 379-2653Principal Officer
Darrell Thompson
Main Address
2100 STEVENS AVENUE SOUTH, MINNEAPOLIS, MN, 55404
Website
www.bolderoptions.orgNTEE Category
Code: B80 - Education
If you are a representative of Bolder Options and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.