2025-11-07T17:30:25-06:00 2024-12-31 271375413 BWK Rogers PC 431 South 7th Street Suite 2424 Minneapolis MN 55415 990 2024-01-01 411909408 Bolder Options BOLD 6123792653 2100 Stevens Avenue South Minneapolis MN 55404 Darrell Thompson President & CEO 6123792653 2025-11-07 1 1 Melissa J Baraibar P02464922 6123325446 2025-11-07 2024 2025-03-06 01:10:19Z Darrell Thompson 2100 Stevens Avenue South Minneapolis MN 55404 2077540 0 X www.bolderoptions.org X 1998 MN Preparing youth to succeed in all of life's races. 20 20 21 300 0 0 1555667 1754521 0 0 9708 16786 213648 178932 1779023 1950239 12000 1500 0 0 1038171 1126535 25800 30000 259781 617651 512746 1693622 1670781 85401 279458 1791985 2005914 807360 726033 984625 1279881 X Preparing youth to succeed in all of life's races. 0 0 1083503 1500 30067 Bolder Options delivers a wellness-based youth mentoring program that prepares middle school students to succeed in all of life's races. Each young person is paired with a trained volunteer mentor for a full year of one-to-one mentoring focused on physical, social, and emotional wellness. Youth set and achieve personal physical-wellness goals, build lifelong healthy habits around movement, nutrition, and mental wellness, strengthen community connection through volunteering and service, and reflect on their growth and celebrate success. After completing the first year, youth are invited to continue along Bolder Options' alumni pathway, which provides ongoing opportunities for leadership, service, and career exploration. In 2024, Bolder Options supported 73 youth in 1:1 mentoring relationships, recruited, screened, and trained more than 100 volunteer mentors, and had 548 alumni attendees at events. 1:1 mentoring pairs achieved a 90 percent match completion rate. Through its alumni pathway, Bolder Options continues to engage young people beyond their first mentoring year with opportunities for leadership development, service learning, college and career exploration, scholarships, and outdoor adventure learning. Alumni attendance included 10 graduates of the I Achieve program and 18 graduates of the I Believe program, programs that focus on early career exploration, life skills, and professional skill building. Across all Bolder Options programs, total event attendance reached 1,434, with an additional 644 family members participating in activities that strengthen family and community support around youth success. During 2024, Bolder Options also advanced development of a strategic framework to align its mentoring and alumni stages under one cohesive pathway. The framework integrates the eight dimensions of wellness and strengthens the organization's capacity for long-term impact and growth. 1083503 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 21 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X Darrell Thompson 6123792653 2100 Stevens Avenue South Minneapolis MN 55404 Brian Alday Director 1.00 X 0 0 0 John Hoffman Director 1.00 X 0 0 0 Brian Barlow Director 1.00 X 0 0 0 Robert Wadsworth Director 1.00 X 0 0 0 Kellie Hand Director 1.00 X 0 0 0 Cynthia Fraction Director 1.00 X 0 0 0 Ezell Jones Director 1.00 X 0 0 0 Rodney Young Director 1.00 X 0 0 0 Maggie Romens Director 1.00 X 0 0 0 Steve Mayle Director 1.00 X 0 0 0 Marcus Sherels Directors 1.00 X 0 0 0 Michael Smith Director 1.00 X 0 0 0 John McCormick Director 1.00 X 0 0 0 Karen Prest Director 1.00 X 0 0 0 Jasmyn Martin Director 1.00 X 0 0 0 Melanee Meegan Marketing Chair 1.00 X X 0 0 0 Jacob Murray Program Chair 1.00 X X 0 0 0 Brad Becker Treasurer/Finance Chair 1.00 X X 0 0 0 Bill Gaumond Board Chair 2.00 X X 0 0 0 Dave Jones Development Chair 2.00 X X 0 0 0 Keith Nelsen Governance Chair 2.00 X X 0 0 0 Darrell Thompson President & CEO 40.00 X 156356 0 4677 April Riordan Chief Operating Officer 40.00 X 123605 0 3708 279961 0 8385 2 0 1 0 0 197913 260939 1295669 14050 1754521 16786 16786 28360 0 28360 28360 28360 276166 197913 127301 148865 148865 1707 1707 1707 1950239 30067 0 165651 1500 1500 161034 64413 16104 80517 806297 714663 44310 47324 22005 18968 1667 1370 63528 32848 11436 19244 73671 59498 4579 9594 79515 79515 40000 40000 30000 30000 1552 1552 3333 3333 7767 2387 5380 49836 9202 16973 23661 51575 3640 42048 5887 51644 34490 9598 7556 6122 3342 203 2577 18012 6051 2173 9788 34987 34987 59128 47152 8336 3640 50972 36733 7752 6487 Events Expenses 16311 9723 6588 Membership Dues 9265 9265 32727 32015 544 168 1670781 1083503 327497 259781 224995 295545 360513 335729 93628 304752 5686 7061 1849333 932954 975507 916379 131656 146448 1791985 2005914 82255 21431 100 697140 683592 27865 21010 807360 726033 X 703574 796933 281051 482948 984625 1279881 1791985 2005914 279458 15798 0 X 0 1 X 1 0 X 1177643 1592165 1404931 1598991 1740471 7514201 1177643 1592165 1404931 1598991 1740471 7514201 129324 7384877 6 229 548 36843 45146 82772 4832 4832 869 1707 2576 7604381 0.97110 0.98470 X Schedule A, Part II, Line 10, Explanation of Other Income: Other Income RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 40000 0 0 40000 0 Part II-B, Line 1: The Organization paid a lobbyist to lobby on their behalf with State Officials. 131656 16344 1552 146448 117697 15614 1655 131656 136120 -17106 1317 117697 113288 22832 0 136120 96688 7000 21476 10738 1138 113288 0.54690 0.45310 1 0 201375 201375 1563874 873718 690156 64084 45236 18848 20000 14000 6000 916379 Long-Term Growth Strategy 111503 F Multi-Asset Endowment Portfolio 11881 F Diversified Equity Portfolio 11532 F Socially Responsible Equity Portfolio 11532 F 146448 Lease Liability 21010 21010 X 1987113 15798 22628 38426 1948687 1552 1552 1950239 1691857 22628 22628 1669229 1552 1552 1670781 Part V, Line 4: To provide a predictable stream of funding to programs supported by the endowment. Part X, Line 2: The Organization's activities are generally exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code. Since the Organization is exempt from federal and state income tax liability, no provision is made for current or deferred income tax expense. The Organization is not a private foundation. Management has determined that the Organization is subject to unrelated business income tax. Management is not aware of any transactions that would impact the Organization's tax-exempt status. The Organization follows the guidance of the Accounting Standard Codification (ASC) 740, Accounting for Income Taxes, related to uncertainties in income taxes, which prescribes a threshold of more likely than not for recognition and derecognition of positions taken or expected to be taken in a tax return. For the years ended December 31, 2024 and 2023, management of the Organization is not aware of any material uncertain tax positions. All tax-exempt entities are subject to review and audit by federal, state and other applicable agencies. Such agencies may review the taxability of unrelated business income, or the qualification of the tax-exempt entity under the Internal Revenue Code and applicable state statutes. For federal tax purposes, the tax returns remain open for possible examination for a period of three years after the respective filing deadlines of those returns. X X X X X X X 1 Agile Advancement Partners 921 5th Street North Stillwater MN 55082 Grant Writer 0 511060 30000 481060 511060 30000 481060 MN Annual Dinner 283467 80955 202512 10950 29373 2699 28924 Golf Classic 107630 72108 35522 11531 11531 15937 3 82982 44850 38132 2650 7796 2823 1586 474079 197913 276166 25131 48700 5522 46447 125800 150366 X X X X 0 0 0 0 0 0 0 0 0 Darrell Thompson President & CEO 156356 0 0 0 0 0 4677 0 0 0 161033 0 0 0 Form 990, Part VI, Section B, line 11b A draft of the Form 990 is prepared by the organization's auditing firm and reviewed by the President & CEO and the Finance Committee before submission to the Board of Directors for final review and approval prior to filing. In accordance with the organization's bylaws, the Board may review and approve the Form 990 electronically. Form 990, Part VI, Section B, line 12c The Conflict of Interest forms are completed annually by the Board of Directors with the Governance Committee Chair's oversight. Form 990, Part VI, Section B, line 15 The Board of Directors approves the organization's annual budget, which includes salary ranges and anticipated compensation adjustments for staff. The President & CEO's compensation is reviewed annually by the Executive Committee, using comparable salary data from similarly sized nonprofit organizations and compensation surveys such as those published by the Minnesota Council of Nonprofits. Recommendations are presented to and approved by the full Board of Directors. The President & CEO determines compensation for other employees within the parameters of the approved budget, using comparable market data and performance considerations. Bolder Options does not compensate members of its Board of Directors. Form 990, Part VI, Section C, line 18 All of the applicable documents are available upon request. The Form 990 is also available on the Organization's website. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, and financial statements are available to the public upon request. The annual audited financial statements are also available on the Organization's website.