ZUnclassifiedEIN: 411265355· Ruling Year: 1976

Bestprep

Brooklyn Park, Minnesota

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.89×
Peer Median15.40×
💰
$2.4M
Total Revenue
📊
$2.2M
Total Expenses
🏦
$1.9M
Net Assets
📋
$286K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.7%
Year-over-year change (2022 → 2023)
Net Margin
+11.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.89
Net assets divided by total expenses
Liabilities-to-Assets
13.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,434,3552%$2,155,3256%$2,201,74221%
2022$2,475,25130%$2,026,3557%$1,818,89011%
2021$1,901,3193%$1,895,4456%$1,636,8527%
2020$1,964,65724%$1,786,8067%$1,525,88115%
2019$1,588,3467%$1,675,2794%$1,324,22715%
2018$1,706,2628%$1,610,7185%$1,148,2385%
2017$1,582,07718%$1,538,3223%$1,208,04118%
2016$1,926,44349%$1,494,4019%$1,022,54426%
2015$1,294,677$1,367,5543%$814,2829%
2014$1,291,55416%$1,323,3694%$746,26814%
2013$1,115,63131%$1,271,4134%$870,310
2012$1,627,46836%$1,220,5588%$867,36051%
2011$1,196,568$1,131,845$574,606

Frequently Asked Questions

What does Bestprep do?

Bestprep is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Bestprep financially healthy?

Based on our 9-metric Financial Health Score model, Bestprep has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Bestprep generate?

Bestprep reports $2.7M in annual revenue and holds $2.6M in total assets, based on IRS filings.

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Bestprep — Brooklyn Park, MN | GiveScope