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Education : Youth Education Programs and Services

BestPrep

40 Years of Inspiring, Educating, Connecting.

three stars

87.56

7100 Northland Circle N. Suite 120
Brooklyn Park, MN 55428
tel: (763) 398-0090   Web Site
EIN: 41-1265355

Board Leadership
Todd Schnobrich
Chair

CEO
Bob Kaitz
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 87.56 three stars
  Financial 82.42 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 07/01/2018 and includes data from FY2017, the most recent 990 received at that time.

BestPrep is a statewide nonprofit organization with a mission to prepare students with business, career, and financial literacy skills through hands-on experiences that inspire success in work and life. BestPrep's programs engage 4-12 grade students and their educators in active learning, while connecting them to the world outside the classroom. With the help of more than 4,000 professional volunteers each year, BestPrep bridges classroom curriculum and the business community, enriching the teaching and learning experience for students and educators.

BestPrep is a statewide nonprofit organization with a mission to prepare students with business, career, and financial literacy skills through hands-on experiences that inspire success in work and life. BestPrep's programs engage 4-12 grade students and their educators in active learning, while connecting them to the world outside the classroom. With the help of more than 4,000 professional volunteers each year, BestPrep bridges classroom curriculum and the business community, enriching the teaching and learning experience for students and educators.

Financial

three stars

82.42

Accountability & Transparency

four stars

100.00

This rating was published 07/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
81.7%
  Administrative Expenses 6.4%
  Fundraising Expenses 11.7%
  Fundraising Efficiency $0.10
  Working Capital Ratio (years) 0.67
  Program Expenses Growth 3.4%
  Liabilities to Assets 17.7%
All data for Financial Performance Metrics calculations was provided by BestPrep on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by BestPrep on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
BestPrep (MN) 87.56 three stars
The Colorado I Have A Dream Foundation (CO) 94.48 four stars
Communities In Schools of Houston (TX) 91.61 four stars
AIM for Seva (PA) 94.74 four stars
Birthright Israel Foundation (NY) 90.74 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,449,749
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $98,556
   Related Organizations $0
   Government Grants $0
Total Contributions $1,548,305
   Program Service Revenue $46,635
Total Primary Revenue $1,594,940
   Other Revenue $-12,863
TOTAL REVENUE $1,582,077
   
EXPENSES  
   Program Expenses $1,259,278
   Administrative Expenses $116,057
   Fundraising Expenses $162,987
TOTAL FUNCTIONAL EXPENSES $1,538,322
   
Payments to Affiliates $0
Excess (or Deficit) for the year $43,755
   
Net Assets $994,210

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
eMentors Program $441,392 35.1%
Minnesota Business Venture Program $438,329 34.8%
The Stock Market Game Program $111,334 8.8%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-08 07/01/2018 87.56 three stars
2016-08 08/01/2017 87.15 three stars
2015-08 07/01/2016 85.48 three stars
2014-08 06/01/2016 89.38 three stars
 
CN 2.0
2014-08 03/01/2016 88.87 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 41-1265355
Name in IRS Master File BESTPREP
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (59) Other school related activities
(149) Other instruction and training
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date February, 1976
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End August
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • August, 2017
  • August, 2016
  • August, 2015
  • August, 2014
  • August, 2013

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$222,609 14.47% Robert H. Kaitz President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
BestPrep (MN) 87.56 three stars
College Track (CA) 96.15 four stars
New Heights Youth, Inc. (NY) 89.86 three stars
Higher Achievement (DC) 88.67 three stars
Bright Prospect (CA) 92.47 four stars

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Charity Contact Info

BestPrep
7100 Northland Circle N.
Suite 120
Brooklyn Park, MN 55428
tel: (763) 398-0090
fax: (763) 398-0391
EIN: 41-1265355

Visit Web Site

Board Leadership

Todd Schnobrich
Chair

CEO

Bob Kaitz
President, CEO

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