Public Charity

BEST ACADEMY INC

BEST ACADEMY INC, of MINNEAPOLIS, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $16.4M in revenue, $19.5M in expenses, $12.2M in total assets. 4 publicly reported grants to this organization, totaling roughly $125K, appear in IRS filings.

EIN: 261221063 MINNEAPOLIS, MN Higher Education NTEE: B40 Latest filing: 2024
Total Revenue$16.4M
Total Expenses$19.5M
Total Assets$12.2M
Grant Records4
Funding Total$125K
Filing Years2020–2024

Mission

TO INSTRUCT, EMPOWER, ENABLE AND GUIDE CHILDREN TO ACHIEVE SUPERIOR ACADEMIC, SOCIAL AND MORAL DEVELOPMENT.

Where $100 goes at Best Academy Inc

How Best Academy Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$86 Programs the work itself
$14 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $86 for programs

$86
Harvest Best Academy provided educational services to approximately 671 scholars in kindergarten through eighth grade
All program spending · Reported in the filing: 671 scholars
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2019
Year 3 grant renewal: to support the SISTER Academy.
$18,000
2018
Year 2: To support SISTER Academy, an all-girls education and enrichment program serving grades 5 - 8 designed to build, nurture, and strengthen academic, moral, and social development with a goal of preparing them for a successful transition into high sc
$18,000
2017
Support SISTER Academy, an all-girls education and enrichment program serving grades 5 - 8 designed to build, nurture, and strengthen academic, moral, and social development with a goal of preparing them for a successful transition into high school, college, and ultimately a career.
$18,000
2016
GENERAL OPERATING
$71,103

Showing up to 5 of 4 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Anura Si-Asar
BOARD MEMBER Deandra Knighten
CHIEF ADMIN Emily Peterson
EXECUTIVE DI Eric Mahmoud
BOARD CHAIR Ezra Hyland
BOARD MEMBER Fatou Diahame

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$71,103 1 grant
Education
$54,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $16.4M $19.5M $12.2M
2023 $16.7M $15.2M $15.2M
2022 $18.9M $13.4M $17.0M
2021 $14.3M $14.3M $11.0M
2020 $13.5M $13.4M $9.1M

Between 2020 and 2024, reported annual revenue grew from $13.5M to $16.4M (+21%), with total assets most recently reported at $12.2M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for BEST ACADEMY INC

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