BestPrep

Mission Statement

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

Impact and Programs

Accomplishments During the 2017-2018 school year, BestPrep served 54,691 students across 329 Minnesota schools, preparing them with business, career, and financial literacy skills needed for success in the future. The organization partnered with 590 teachers and mobilized 5,086 volunteers from the corporate community who contributed approximately 68,000 hours of service. BestPrep made this impact through seven education programs, offered at low or no cost to students, teachers, and schools.
Current Goals Classroom Plus 90% of teachers report that students are better prepared for the workforce. 85% of teachers agree that students have increased awareness of career opportunities. 85% of teachers report that students better understand career skills. Cloud Coach 80% of students better understand that today’s actions impact their future. 85% of students’ mentors made them feel important/valued. 80% of students reported thinking more about post-high school plans. eMentors 85% of teachers report that students better understand skills needed in the professional world. 85% of teachers report that students broadened knowledge of career options. 85% of teachers report that students improved communication skills. Financial Matters 90% of teachers report that students increased their financial literacy skills. 90% of teachers agree that students developed financial decision-making skills. 90% of teachers report that students will feel more confident managing their finances. Minnesota Business Venture 90% of students report increased workplace skills. 90% of students report having a better understanding of managing personal finances. 90% of students report feeling more motivated to achieve success. Stock Market Game 90% of teachers report that students increased awareness of how real-world events affect the stock market and the economy. 90% of teachers report that students better understand the risks/rewards of investing. 90% of teachers report that students developed college/career readiness skills. Technology Integration Workshop 90% of educators gaining technology strategies to enhance students’ learning. 90% of educators increase their comfort with educational technology tools. 85% of educators gain a better understanding of workforce skills students will need.
Community or Constituency Served Students and teachers in K through 12 throughout the State of Minnesota.
Geographic Area Served Minnesota Statewide

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
eMentors:
$441,392
Minnesota Business Venture:
$438,329
Stock Market Game:
$111,334
3 Year Average Expenses
Program Services
$1,267,268
81.9%
Management
$106,703
6.9%
Fundraising
$173,843
11.2%
Unrestricted Net Assets
End of Year:
Beginning of Year:
Difference:
2017
$554,926
$542,970
$11,956
2016
$542,970
$464,155
$78,815
2015
$464,155
$415,413
$48,742

Organization Last Reviewed on 07/31/2019

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 Cir N
Minneapolis, MN 55428
Phone: 7633980090
Website: www.bestprep.org

General Information

Alternative Name: Business Economic Education Foundation BEEF Classroom Plus Financial Matters Minnesota Business Venture The Stock Market Game Technology Integration Workshop eMentos Cloud Coach
EIN: 41-1265355
Principal Staff: Robert H. Kaitz
Number of Full-Time Equivalents (FTE): 14
Volunteer Opportunities: Yes
Number of Clients: 62,000
Ruling Year: 1976

Board

Board Chair: Dave Harkness
Number of Board Members: 58
Board Meetings with Quorum: 4
Average Member Attendance: 27.5

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Let’s Connect

700 Raymond Avenue, Suite 160 • Saint Paul, MN 55114
Phone: (651) 224–7030 • E-mail: info@smartgivers.org

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