NonprofitsBestprep

Bestprep

BROOKLYN PARK, MN

Total revenue

$2.7M

Total expenses

$2.4M

Net assets

$2.2M

Grants received

$5.0M

141 grants

EIN

411265355

Tax year

2023

Mission

To best prepare minnesota students with business, career and financial literacy skills.

Programs

5 programs

Minnesota business venture ignites students' passion to achieve success and develop career aspirations in a week-long business and career development camp on a college campus. The program brings together high school students from across the state to work with business leaders and learn about career paths and financial literacy. In 2024, 360 students attended, including 51% from low-income households and 67% students of color.

Expenses: $616K

Cloud coach strengthens student motivation to succeed in school and beyond through email mentoring. Cloud coach pairs a school's entire ninth grade class with mentors from the business community. With the mantra "think forward/act now", cloud coach encourages students to consider future aspirations and identify steps to take now to achieve goals. In 2023-2024, 2,035 from eight schools participated.

Expenses: $347K

Classroom plus inspires students to create a vision for the future through career exploration via classroom speakers, corporate career days, and mock interviews. Presentation topics include leadership, teamwork, and interview skills. 11,400 students were served in 2023-2024.

Expenses: $128K

Financial matters motivates students to make sound money management decisions and become financially savvy. Industry professionals deliver classroom presentations on financial topics enhanced with personal stories from their own journey. Topics include money, budgeting, credit, investing, and tax. During 2023-24, 5,717 students participated.

Expenses: $111K

The stock market game teaches students about economics, investing, and the importance of a long-term savings strategy. Student teams invest hypothetical funds in common stocks and mutual funds. It is a national program administered by the securities industry and financial markets association. 11,800 students participated in 2023-2024.

Expenses: $183K

Financials

FY 2023

Revenue

Contributions & grants$2.7M
Program service revenue$35K
Investment income$105K
Other revenue
Total revenue$2.7M

Expenses

Grants paid
Salaries & benefits$1.7M
Fundraising$183K
Other expenses$641K
Total expenses$2.4M
Total assets$2.6M
Net assets$2.2M

People

50 listed

NameRoleCompensation

ROBERT KAITZ

PRESIDENT & CEO

Board

$267K

50 hrs/wk

BONNIE VAGASKY

VP EXTERNAL RELATIONS

Board

$115K

50 hrs/wk

JOHN SCHULTE

VP FINANCE & TECHNOLOGY

Board

$102K

50 hrs/wk

KENNY DEVINE

BOARD MEMBER

Board

0.5 hrs/wk

CATE FREEMAN

BOARD MEMBER

Board

0.5 hrs/wk

NATE HOCH

BOARD MEMBER

Board

0.5 hrs/wk

MIKE KRONEBUSCH

BOARD MEMBER

Board

0.5 hrs/wk

DAN LEAR

BOARD MEMBER

Board

0.5 hrs/wk

VALERIE LITTLES-BUTLER

BOARD MEMBER

Board

0.5 hrs/wk

ASHLEY ERICKSON

BOARD MEMBER

Board

0.5 hrs/wk

KRISTY BECKMAN

BOARD MEMBER

Board

0.5 hrs/wk

BRIAN BOARDMAN

BOARD MEMBER

Board

0.5 hrs/wk

KIM BOYLTON

SECRETARY

Board

2 hrs/wk

CHASE BRAKKE

BOARD MEMBER

Board

0.5 hrs/wk

DEAN BREUER

BOARD MEMBER

Board

0.5 hrs/wk

ANDY DARVELL

BOARD MEMBER

Board

0.5 hrs/wk

RHONDA DEAN

BOARD MEMBER

Board

0.5 hrs/wk

JOANNA EHRESMAN

BOARD MEMBER

Board

0.5 hrs/wk

ANITA GOEBEL

TREASURER

Board

2 hrs/wk

ANDY HENNIG

BOARD MEMBER

Board

0.5 hrs/wk

DAN HOGAN

BOARD MEMBER

Board

0.5 hrs/wk

KIM HULTGREN

BOARD MEMBER

Board

0.5 hrs/wk

DON JOHNSON

BOARD MEMBER

Board

0.5 hrs/wk

KESHIA JONES

BOARD MEMBER

Board

0.5 hrs/wk

GRETA KOEHLER

BOARD MEMBER

Board

0.5 hrs/wk

PAUL LANGLOIS

VICE CHAIR

Board

2 hrs/wk

BETSY LULFS

BOARD MEMBER

Board

0.5 hrs/wk

DOUGLAS MARTIN

BOARD MEMBER

Board

0.5 hrs/wk

JEFF MUNNEKE

BOARD MEMBER

Board

0.5 hrs/wk

AMANDA MUNOZ

BOARD MEMBER

Board

0.5 hrs/wk

MARC OLSON

BOARD CHAIR

Board

2 hrs/wk

JAMES PATE

BOARD MEMBER

Board

0.5 hrs/wk

BRYAN POLLEY

BOARD MEMBER

Board

0.5 hrs/wk

SCOTT MORRIS

BOARD MEMBER

Board

0.5 hrs/wk

JAMES REDELSHEIMER

BOARD MEMBER

Board

0.5 hrs/wk

JESSE ROSS

BOARD MEMBER

Board

0.5 hrs/wk

LIZA SAYRE

BOARD MEMBER

Board

0.5 hrs/wk

MICHAEL REMINGTON

BOARD MEMBER

Board

0.5 hrs/wk

CASEY SCHOEN

BOARD MEMBER

Board

0.5 hrs/wk

JARED SHASKY

BOARD MEMBER

Board

0.5 hrs/wk

MAGGIE SNETTING

BOARD MEMBER

Board

0.5 hrs/wk

ANDY TATE

BOARD MEMBER

Board

0.5 hrs/wk

ROZ TSAI

BOARD MEMBER

Board

0.5 hrs/wk

COLE TURNBOW

BOARD MEMBER

Board

0.5 hrs/wk

SARAH VANDENBERG

BOARD MEMBER

Board

0.5 hrs/wk

JOHN WAGNER

BOARD MEMBER

Board

0.5 hrs/wk

STEVE WEITZ

BOARD MEMBER

Board

0.5 hrs/wk

BRIDGET SWENSON

BOARD MEMBER

Board

0.5 hrs/wk

BRAD ZASTOUPIL

BOARD MEMBER

Board

0.5 hrs/wk

MIKE FISHER

BOARD MEMBER

Board

0.5 hrs/wk

Grants received

Showing 141 of 141

FromAmountPurposeYear
$65K
BESTPREP'S CLASSROOM PLUS, CLOUD COACH, EMENTORS, AND MINNESOTA BUSINESS VENTURE PROGRAMS
2024
$59K
Mission Support
2024
$50K
General Support
2024
$26K
PROGRAM SPONSORSHIP, GENERAL SUPPORT
2024
$18K
EVENT SPONSORSHIP/DONATION
2024
$15K
general support
2024
$10K
FOR GENERAL SUPPORT.
2024
$10K
GO! PROGRAM, GENERAL SUPPORT
2024
$8K
General Support
2024
$6K
DONOR ADVISED, EDUCATION
2024
$5K
GRANT - MN BUSINESS VENTURE
2024
$2K
MN BUSINESS VENTURE SUMMER PROGRAM
2024
$1.1M
GENERAL
2023
$85K
CHARITABLE DONATION
2023
$80K
Mission Support
2023
$65K
BESTPREP'S CLASSROOM PLUS, CLOUD COACH, EMENTORS, AND MINNESOTA BUSINESS VENTURE PROGRAMS
2023
$64K
HEADQUARTER GIVING
2023
$52K
General Support
2023
$40K
PROGRAM SPONSORSHIP
2023
$40K
CHARITABLE DONATION
2023
$35K
DONOR-ADVISED, EDUCATION
2023
$35K
Program support for BestPreps eMentors Cloud Coach Classroom Plus and Minnesota Business Ventur
2023
$15K
MATCH A PREVIOUS DONATION (501(C)3) STEM CAREER PATHWAYS
2023
$15K
general support
2023
$10K
MINNESOTA BUSINESS VENTURE AND EMENTORS PROGRAMS
2023
$10K
GENERAL OPERATIONS
2023
$10K
EDUCATION PROGRAM
2023
$10K
GENERAL SUPPORT
2023
$8K
EVENT SPONSORSHIPS
2023
$5K
GRANT - MN BUSINESS VENTURE
2023
$4K
BESTPREP MN BUSINESS VENTURES
2023
$4K
BESTPREP ANNUAL LUNCHEON SPONSORSHIP
2023
$3K
BESTPREP - EDUCATIONAL FORUM TABLE SPONSORSHIP
2023
$3K
GENERAL USE OF CHARITY
2023
$2K
BOARD LEADER PROGRAM
2023
$1K
TEAM VOLUNTEER GRANTS
2023
$1K
ANNUAL FUND CAMPAIGN
2023
$100K
GENERAL
2022
$96K
CHARITABLE DONATION
2022
$89K
HEADQUARTER GIVING
2022
$81K
Mission Support
2022
$79K
GENERAL SUPPORT
2022
$65K
CLOUD COACH, EMENTORS, CLASSROOM PLUS (CAREER DAY) AND MINNESOTA BUSINESS VENTURE PROGRAMS
2022
$45K
DONOR-RECOMMENDED, HUMAN SERVICES
2022
$35K
PROGRAM SPONSORSHIP
2022
$17K
GENERAL OPERATING FUND
2022
$15K
GENERAL SUPPORT
2022
$15K
STEM CAREER PATHWAYS
2022
$15K
YOUTH DEVELOPMENT
2022
$10K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2022
$10K
MINNESOTA BUSINESS VENTURE AND EMENTORS PROGRAMS
2022
$10K
General Support
2022
$6K
EVENT SPONSORSHIPS
2022
$4K
BOARD LEADER PROGRAM
2022
$4K
BESTPREP MN BUSINESS VENTURES
2022
$4K
BESTPREP ANNUAL LUNCHEON SPONSORSHIP
2022
$1K
TEAM VOLUNTEER GRANTS
2022
$1K
ANNUAL FUND CAMPAIGN
2022
$760
MATCHING FUNDS
2022
$115K
HEADQUARTER GIVING
2021
$100K
MISSION SUPPORT
2021
$83K
GENERAL SUPPORT
2021
$83K
GENERAL SUPPORT
2021
$76K
CHARITABLE DONATION
2021
$65K
CLOUD COACH, EMENTORS, CLASSROOM PLUS (CAREER DAY) AND MINNESOTA BUSINESS VENTURE PROGRAMS
2021
$40K
Youth Education Programs and Racial Equity Advancements
2021
$25K
Education
2021
$22K
DONOR-RECOMMENDED, HUMAN SERVICES
2021
$15K
EDUCATION GRANT
2021
$10K
MINNESOTA BUSINESS VENTURE & EMENTORS PROGRAMS
2021
$9K
GENERAL OPERATING SUPPORT
2021
$5K
Classroom Plus Program: Trades Careers Curriculum Development
2021
$4K
BOARD LEADER PROGRAM
2021
$3K
MENTORING PROGRAM
2021
$2K
YOUTH DEVELOPMENT CAMP
2021
$1K
ANNUAL FUND CAMPAIGN
2021
$1K
TEAM VOLUNTEER GRANTS
2021
$65K
CLOUD COACH, EMENTORS, CLASSROOM PLUS (CAREER DAY) AND MINNESOTA BUSINESS VENTURE PROGRAMS
2020
$55K
Mission Support
2020
$50K
GENERAL
2020
$50K
BestPrep's Cloud Coach, eMentors and Minnesota Business Venture Programs
2020
$45K
CHARITABLE DONATION
2020
$30K
HEADQUARTER GIVING
2020
$25K
MULTIPLE PURPOSES
2020
$25K
CLOUD COACH PROGRAM EXPANSION
2020
$21K
2020 EDUCATION GRANT/MATCHING EMPLOYEE DONATION
2020
$20K
General Support
2020
$16K
Program Sponsorship
2020
$16K
GENERAL OPERATING SUPPORT
2020
$15K
Best Prep
2020
$14K
GENERAL OPERATING FUND
2020
$10K
MINNESOTA BUSINESS VENTURE AND EMENTORS PROGRAMS
2020
$10K
GENERAL OPERATING SUPPORT
2020
$9K
General Support
2020
$8K
Program Sponsorship
2020
$7K
GENERAL SUPPORT
2020
$5K
EMENTORING VOLUNTEER PROGRAM
2020
$4K
BOARD LEADER PROGRAM
2020
$3K
MENTORING PROGRAM
2020
$2K
FINANCIAL SUPPORT
2020
$1K
TEAM VOLUNTEER GRANT
2020
$1K
ANNUAL FUND CAMPAIGN
2020
$35K
MN BUSINESS VENTURE, CAREER EXPO
2019
$31K
Charitable Donation
2019
$25K
Education
2019
$8K
GENERAL OPERATING SUPPORT
2019
$3K
MENTORING PROGRAM
2019
$1K
EMENTORS PROGRAM
2019
$80K
FEASIBILITY STUDY AND SCHOLARSHIPS
2018
$34K
CHARITABLE
2018
$12K
IN HONOR OF DONALD M. FRIBORG
2018
$10K
MINNESOTA BUSINESS VENTURE & EMENTORS PROGRAMS (EB - JEFF MURRAY)
2018
$28K
BESTPREP'S MINNESOTA BUSINESS VENTURE CAMP - 338653
2017
$5K
YOUTH DEVELOPMENT
2017

Funded by

$5.0M from 47 funders · 141 grants · 2017–2024

Wem Foundation

$1.3M · 3 grants · 2020–2023

American Online Giving Foundation Inc

$560K · 6 grants · 2019–2024

Inspire Brands Foundation Inc

$375K · 5 grants · 2020–2024

Charities Aid Foundation America

$373K · 6 grants · 2019–2023

Cargill Foundation

$325K · 5 grants · 2020–2024

Piper Sandler Foundation

$312K · 8 grants · 2020–2023

The Blackbaud Giving Fund

$278K · 4 grants · 2018–2022

The Minneapolis Foundation

$171K · 8 grants · 2017–2024

Details

EIN411265355
Subsection03
Ruling date1976-02
Formed1976
Employees42
Volunteers5000
BESTPREP — Mission, Financials & Grants Received | Grantivo