EIN 41-1909408

Bolder Options

IRS 501(c) type
501(c)(3)
Num. employees
22
Year formed
1998
Most recent tax filings
2022-12-01
Description
Bolder Options mentors low-income middle school youth using running, biking, academic goal setting and volunteerism for self-esteem and healthy habits.
Total revenues
$1,375,579
2022
Total expenses
$1,543,394
2022
Total assets
$1,702,903
2022
Num. employees
22
2022

Program areas at Bolder Options

Mentoring program since 1993, Bolder Options has offered transformational and wellness-based mentoring for at-promise youth during a pivotal point in their lives at ages 10-14. Our youth are facing life challenges related to academics, social/emotional well-being, family/peer relationships, and other struggles, and are strategically matched with a volunteer mentor. Together with staff, youth set clear and attainable goals to track their growth and achievements. Mentor pairs meet weekly for 2-4 hours for one year. The year-long program holistically focuses on four key personal development areas: community connectivity, lifelong learning, healthy living, and social/emotional development through weekly activities planned by staff. In 2022, the mentoring program engaged 81 youth and mentor pairs, with 85% of youth completing goals and graduating from the program. Relationships are the center of all that we do at Bolder Options, and we recognize and value the diversity among us. Embracing cultural and community differences provide opportunities to relate, associate, and connect to the world in ways that are personally meaningful. These connections also help to inform a sense of identity, self-worth, and belonging and offer opportunities to learn of experiences unlike our own. Our goal is to ensure the promise of our community's youth is realized, regardless of their life circumstances.
Alumni program after graduation from our one-year mentoring program, youth and mentors can remain involved with Bolder Options through our alumni program, which cultivates lasting relationships between mentors and mentees to meet the needs of older youth as they progress onward through high school and into their careers. Participants meet monthly for activities and events specifically focused on goal setting around college and career, leadership, and community connectivity. Monthly mentor meet-ups are also a way for both current and alumni mentors to support and learn from each other. Additionally, alumni youth, mentors, and caregivers can join the alumni program advisory board, which helps inform the activities of our mentorship program. In 2022, the alumni program engaged 60 youth. Each year, 90-100% of mentoring program graduates opt to participate in our alumni program, which has become a core component of our work as we seek to support lifelong success through long-term mentoring relationships.

Who funds Bolder Options

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Thielen FoundationTransformational Mentoring Organization for At-Promise Youth$50,000
Youth CollaboratoryMentoring Program$49,000
Butzow Family FoundationTo Provide Support for Public Charitable Organization$45,000
...and 51 more grants received totalling $675,647

Personnel at Bolder Options

NameTitleCompensation
Darrell ThompsonPresident and Chief Executive Officer$143,905
April RiordanChief Operating Officer
Ryan FossDonor Relations Director
Sarah SchallerProgram Director , Rochester
Rebecca KeyesMarketing and Communications Manager
...and 14 more key personnel

Financials for Bolder Options

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,384,931
Program services$0
Investment income and dividends$548
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$5,832
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-26,968
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$11,236
Total revenues$1,375,579

Form 990s for Bolder Options

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-03990View PDF
2021-122022-09-13990View PDF
2020-122021-10-11990View PDF
2019-122021-02-19990View PDF
2018-122020-01-17990View PDF
...and 9 more Form 990s
Data update history
October 23, 2024
Updated personnel
Identified 6 new personnel
August 25, 2024
Posted financials
Added Form 990 for fiscal year 2021
August 25, 2024
Received grants
Identified 13 new grant, including a grant for $49,000 from Youth Collaboratory
May 18, 2024
Received grants
Identified 4 new grant, including a grant for $40,000 from Grotto Foundation
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Youth development programsYouth service charitiesCharities
Issues
EducationHuman servicesChildren
Characteristics
Fundraising eventsReceives government fundingEndowed supportCommunity engagement / volunteeringGala fundraisersFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
2100 Stevens Ave South
Minneapolis, MN 55404
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
bolderoptions.org/ 
Phone
(612) 379-2653
IRS details
EIN
41-1909408
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
O30: Adult, Child Matching Programs
NAICS code, primary
624110: Child and Youth Services
Parent/child status
Independent
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