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BEST ACADEMY INC

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Public nonprofit record

BEST ACADEMY INC

EIN 26-1221063 · Higher Education (B40)

What they do

to INSTRUCT, EMPOWER, ENABLE and GUIDE CHILDREN to ACHIEVE SUPERIOR ACADEMIC, SOCIAL and MORAL DEVELOPMENT.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$16,399,242
Expenses$19,509,850
Annual shortfall $3,110,608 Expenses were higher than revenue for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$1,823,777 · 9.3% of expenses
Revenue$16,399,242
Expenses$19,509,850
Assets$12,162,385
Income$16,399,242
Contributions$16,375,965
Management and general$1,823,777
Accounting fees$616,783
People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
ERIC MAHMOUDEXECUTIVE DI · 40 hrs/week $207,058Base $193,649 · Other $13,409
EMILY PETERSONCHIEF ADMIN · 40 hrs/week $180,955Base $161,127 · Other $19,828
FATOU DIAHAMEBOARD MEMBER · 40 hrs/week $138,951Base $122,757 · Other $16,194
JASON BURNSDIRECTOR OF · 40 hrs/week $128,515Base $114,922 · Other $13,593
NICK BOETTCHERBOARD MEMBER · 40 hrs/week $127,293Base $112,500 · Other $14,793
RACHELLE LARSONBOARD MEMBER · 40 hrs/week $123,929Base $107,926 · Other $16,003
MEGHAN ROEGGEBOARD MEMBER · 40 hrs/week $97,160Base $84,993 · Other $12,167
SARAH SWANSONBOARD MEMBER · 40 hrs/week $75,132Base $64,545 · Other $10,587
LAYLA HAYOWBOARD MEMBER · 40 hrs/week $49,761Base $41,853 · Other $7,908

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

ERIC MAHMOUDEXECUTIVE DI

EMILY PETERSONCHIEF ADMIN

FATOU DIAHAMEBOARD MEMBER

JASON BURNSDIRECTOR OF

NICK BOETTCHERBOARD MEMBER

RACHELLE LARSONBOARD MEMBER

MEGHAN ROEGGEBOARD MEMBER

SARAH SWANSONBOARD MEMBER

LAYLA HAYOWBOARD MEMBER

ANURA SI-ASARBOARD MEMBER

DEANDRA KNIGHTENBOARD MEMBER

EZRA HYLANDBOARD CHAIR

FOWSIYA DAHIRBOARD MEMBER

LAQUITA LIMOBOARD MEMBER

MARKANETTA SMITHBOARD MEMBER

About this charity

Recognized since
January 2009
Location
1300 OLSON MEMORIAL HWY, MINNEAPOLIS, MN 55411
County
Hennepin
In care of
EMILY PETERSON
Primary officer
EMILY PETERSON, CHIEF ADMIN OFFICER

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
July 1, 2023
Return type
990
Tax preparer
CONWAY DEUTH & SCHMIESING PLLP
NTEE classification
Higher Education (B40)
IRS tax category
Higher Education
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
2000
Deductibility
1
Foundation
11
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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