Overview

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Est.

1976

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

BESTPREP is a Minnesota-focused nonprofit serving job services and education, with a mission to best prepare Minnesota students with business, career, and financial literacy skills. In filing year 2025, it reported an operating budget of $2.6M and total revenue of $2.2M, with major support from the WEM FOUNDATION, CARGILL FOUNDATION, and PIPER SANDLER FOUNDATION.

Mission Statement

TO BEST PREPARE MINNESOTA STUDENTS WITH BUSINESS, CAREER AND FINANCIAL LITERACY SKILLS.
Revenues
$2.7M
Expenses
$2.4M
Net Income:
+$283.6K
Assets
$2.6M
Liabilities
$370.2K
Net Assets:
+$2.2M
Operating Budget
$2.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
33
Median grant size
$15K
Largest grant received
$96.1K
R
Robert Kaitz
Board Member
J
James Pate
Board Member
R
Rhonda Dean
Board Member
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  • 70 funders
  • 157 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is BESTPREP’s budget?
In 2024, BESTPREP reported an annual operating budget of around $2.4 million. More detailed financial information is available to registered users.
What causes does BESTPREP support?
BESTPREP supports work in Education and Job services.
Where does BESTPREP operate?
BESTPREP is headquartered in BROOKLYN PARK, MN.
Who funded BESTPREP recently?
In 2025, BESTPREP received grants from CHARITIES AID FOUNDATION AMERICA, AMERICAN ONLINE GIVING FOUNDATION INC, and CHARITIES AID FOUNDATION AMERICA. More information on this organization’s funders is available to registered users.
What is the largest grant BESTPREP received in 2024?
The largest grant to BESTPREP in 2024 exceeds $96 thousand.