BestPrep

Mission Statement

Preparing students with business, career, and financial literacy skills through hands-on experiences that inspire success in work and life.

Impact and Programs

Accomplishments BestPrep is a statewide nonprofit serving more than 31,691 students, 442 teachers and 308 schools in grades 4-12 annually. Each year, BestPrep creates connections between the education and business communities by engaging more than 5,000 volunteers. These individuals conduct classroom presentations, serve as faculty-in-residence, mentor students online, provide job shadows for educators, and are leaders on committees and the board of directors.
Current Goals Cloud Coach’s goals are to successfully complete the National Quality Mentoring System through MENTOR MN to earn the Dedicated Partner status in Cloud Coach; identify areas to respond to within appropriate time frame and develop plans to pilot Cloud Coach with one new school in 2022-23. eMentor’s goals are to maintain student numbers at 4,200, coordinate 7 eMentors for STEM connections and recruit 2 companies with 50% or more BIPOC staff. Classroom Plus and Financial Matters goals are to create and form informal student committee to provide feedback on presentations; creating a successful plan for virtual Classroom Plus’ mock interviews and coordinate mock interviews with 20 schools; develop a new model for a virtual Career Day/Panel; and schedule 7-10 presentations engaging Project Build volunteers. The Stock Market Game’s goals are to increase participation from Title 1 schools by 500 students to reach the 3,000 students needed for the FINRA/SIFMA grant; recruit 10 new teachers within a Title 1 school to participate in SMG; and create SMG educator’s hub on BestPrep’s website that offered additional resources for teachers. Minnesota Business Venture’s goals are to increase student participation to 300 in-person students for the summer; 250 if we shift to a virtual program; and increase RBL participation to 25 RBLs for the summer. Technology Integration Workshop’s goals are to increase teacher participation number to 70; assess current trends in education and implement 2 new topics; through connection with former Technology Integration Specialists, determine virtual, in-person, or hybrid format by January 31.
Community or Constituency Served BestPrep serves students, schools, and community organizations in Minnesota.
Geographic Area Served The full state of Minnesota.

Reports & Finances

If you have additional questions regarding a nonprofit's financials, visit their website, or call and ask to review their IRS Form 990, Annual Report, or Audit for a more complete picture of their financial story.
Major Program Expenses
Classroom Plus:
$118,543
Cloud Coach:
$335,412
eMentors:
$344,587
Financial Matters:
$99,100
Minnesota Business Venture:
$428,050
Stock Market Game:
$126,373
Technology Integration Workshop:
$140,429
3 Year Average Expenses
Program Services
$1,515,749
83.1%
Management
$141,765
7.8%
Fundraising
$165,505
9.1%
Unrestricted Net Assets
End of Year:
Beginning of Year:
Difference:
2021
$783,086
$675,261
$107,825
2020
$675,261
$605,576
$69,685
2019
$675,261
$605,576
$69,685

Notes from the Council

Organization Last Reviewed on 04/22/2022

This date is representative of when we completed our initial Accountability Wizard® nonprofit review, and provided the organization with their results. This review is good for three years from the date provided
Return to List of Reviewed Nonprofits

Connect

Address:
7100 Northland Circle N
Brooklyn Park, Minnesota 55428
Phone: 763-398-0090
Website: www.bestprep.org

General Information

Alternative Name:
EIN: 41-1265355
Principal Staff: Bob Kaitz
Number of Full-Time Equivalents (FTE): 18
Volunteer Opportunities: Yes
Number of Clients: 35,000
Ruling Year: 1976

Board

Board Chair: Joanna Ehresman
Number of Board Members: 53
Average Member Attendance: 31.8

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Let’s Connect

2550 University Avenue W, Ste 200 N
St. Paul, MN 55114
Phone: (651) 224–7030 • E-mail: info@smartgivers.org

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