BOLLES SCHOOL
Mission Statement
OUR MISSION Extraordinary Opportunities We believe life’s greatest achievement is to realize one’s best possible self. This mindset drives every decision we make, and it’s why we’ve earned an exemplary international reputation. Student potential is nourished by a superior curriculum with the most extensive program offerings in Northeast Florida for grades Pre-K to 12. Students define their own measure of success through an abundance of extraordinary opportunities, as demonstrated by a long list of esteemed alumni that includes academic scholars, renowned artists and Olympic athletes. Our beautiful, award-winning campuses are home to a vibrant, global community of contributors who celebrate all beliefs and cultures. And, our highly qualified, nationally recognized educators adhere to their own pledge of dedication to excellence and student life balance. Safety is paramount in our quest toward what is possible. Students must feel safe in order to embrace their greatest selves. For this reason, students experience unsurpassed safety. Perhaps most important, everyone in the Bolles family commits to The Bolles Way and enlists in the Bolles Honor Code. This is what we do. Prepare students for college and life. Students here experience better outcomes, more choices and greater possibilities. Bolles. The place to thrive.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
81.7% | 84.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.2% | 13.6% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.2% | 0.5% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
23.0 mo | 10.5 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
33.0% | 32.5% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
75.4% | 88.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
2.1% | 5.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.7% | 5.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
16.8% | 3.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $77.0M | $64.0M | $122.6M | 81.7% | 526 |
| 2024 | $75.4M | $59.5M | $110.5M | 82.1% | 510 |
| 2023 | $62.0M | $56.0M | $93.6M | 80.9% | 493 |
| 2022 | $64.2M | $53.1M | $86.1M | 83.4% | 498 |
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