EIN 41-1909408

Bolder Options

IRS 501(c) type
501(c)(3)
Num. employees
21
Year formed
1998
Most recent tax filings
2023-12-01
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
$1,779,023
2023
Total expenses
$1,693,622
2023
Total assets
$1,791,985
2023
Num. employees
21
2023

Program areas at Bolder Options

Programs: One to One Mentoring Program Bolder Options empowers middle school youth through transformative one to one mentorship. Our unique approach pairs youth with a trained volunteer mentor for a year, focused on physical, emotional, and social wellness. Setting and achieving goals together helps young people develop confidence, resilience, and self-awareness that benefits them in all areas of life. Alumni Program The goal of the alumni program is to keep young people connected with Bolder Options beyond the first year 1:1 mentoring program, providing ongoing support and resources to help them achieve their goals. In 2023, 100% of youth participants chose to stay involved through the alumni program. Bolder Options offers a range of programs for alumni youth, including career and college exploration, leadership development, internships, and a scholarship program. Group Mentoring In 2023, Bolder Options partnered with the Little Earth Boys & Girls Club (LEBGC) to pilot a group mentoring program for middle school youth. The program brought a dozen youth from LEBGC to Bolder Options once a week to share a meal, get physically active, receive academic support, and connect with their peers. After the pilot year, Bolder Options is working now to pair group mentoring participants with 1:1 mentors and keep them engaged in our community. Accomplishments: The year 2023 marked a significant milestone for Bolder Options as we celebrated the 30th anniversary of our program, alongside the remarkable achievement of impacting 30,000 young lives. Over the last 30 years, Bolder Options served 30,000 youth, our volunteers recorded 420,000 hours, our pairs ran 70,000 miles, and through our prevention and intervention efforts, we saved taxpayers an estimated $82 million dollars. In 2023, our one-to-one mentoring program supported 170 individuals and families/85 mentor and mentee pairs. This amounted to 977 mentors and mentees attending events and 372 family members and caregivers engaged with programs. In the first year, one-to-one mentoring program, some of our outcomes include: -100% of youth accomplished at least one goal that they set for themselves -100% of youth report that they are more physically active than they were before the program -83% of youth said their behavior at school improved -75% of youth said their grades improved by being in the program -100% of youth rated their relationship with their mentor as good or excellent -100% of youth who graduated from the 1-year one-to-one program plan to remain in contact with their mentor and also opted into our next step, the alumni program. In our alumni program, 244 youth attended Bolder Options events and activities. This includes a group of alumni mentors and mentees participating in adventure learning activities that culminated in a week-long canoeing and camping trip in the Boundary Waters Canoe Area (BWCA). A total of 16 alumni youth completed our new I Believe/I Achieve career skill building programming in 2023. The I Believe Program is a paid, professional training program that helps Bolder Options alumni consider career options for their future and prepares them for work life. Participants learn skills to help them land a first job or internship with the support of volunteer career coaches. In the first year of the cohort experience, called "I Believe", participants identify their strengths, interests, and values. In the second year of the cohort, called "I Achieve", they put those skills into practice. Also in 2023, Bolder Options launched its new Bentdahl Scholarship for Bolder Options scholars pursuing post-secondary education. The scholarship was awarded to two Bolder Options alumni who have completed the one-year mentoring program, participated in adventure learning and other activities, volunteered with Bolder Options, and also successfully completed the I Believe and I Achieve cohorts. Bolder Options Twin Cities increased the diversity of our volunteer mentors growing from 20% BIPOC mentors in 2021, to 40% in 2022, and up to 61% in 2023. This progress not only reflects our commitment to mirroring the communities we serve but also underscores the richness and depth of experiences that diverse mentors bring to our youth. In 2023, 100% of mentors said they would recommend Bolder Options to a friend. We know that mentorship has an impact on young people but our mentors (83% in 2023) also report that they feel like their mentee has made a positive impact on their life too.

Who funds Bolder Options

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Ray Bentdahl Scholarship FoundationGeneral Support$150,000
Youth CollaboratoryMentoring Program$49,000
Butzow Family FoundationTo Provide Support for Public Charitable Organization$45,000
...and 46 more grants received totalling $729,189

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 12/2023
Total grants, contributions, etc.$1,555,667
Program services$0
Investment income and dividends$9,708
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$27,135
Net gain from sale of non-inventory assets$0
Net income from fundraising events$88,868
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$97,645
Total revenues$1,779,023

Form 990s for Bolder Options

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-12990View PDF
2022-122023-11-03990View PDF
2021-122022-09-13990View PDF
2020-122021-10-11990View PDF
2019-122021-02-19990View PDF
...and 10 more Form 990s
Data update history
January 14, 2025
Used new vendors
Identified 2 new vendors, including , and
January 11, 2025
Received grants
Identified 7 new grant, including a grant for $150,000 from Ray Bentdahl Scholarship Foundation
January 5, 2025
Posted financials
Added Form 990 for fiscal year 2023
October 23, 2024
Updated personnel
Identified 6 new personnel
October 22, 2024
Received grants
Identified 5 new grant, including a grant for $20,000 from J.A. Wedum Foundation
Nonprofit Types
Youth development programsYouth service charitiesCharities
Issues
EducationHuman servicesChildren
Characteristics
LobbyingFundraising eventsReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
2100 Stevens Ave S
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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