Overview
What is Best Academy Inc?
Best Academy Inc, also known as Harvest Best Academy, is a nonprofit organization based in Minneapolis, Minnesota, with an address at 1300 Olson Memorial Highway, 55411. This institution serves approximately 627 scholars in kindergarten through eighth grade. Their mission is to educate, empower, enable, and guide children to excel in their academic, social, and moral development. The organization employs a team of 139 individuals dedicated to fostering superior growth in the next generation.
Official website here: www.thebestacademy.org
What are the reviews and ratings of this charity?
81% - Three-Star out of Four Star rating
Best Academy Inc has received a Three-Star rating from Charity Navigator, reflecting a solid Accountability & Finance score of 81%. This rating indicates a commendable level of transparency and financial health, which is crucial for gaining donor trust and ensuring effective use of funds.
The organization demonstrates strength in governance with a majority of its board members being independent, alongside a robust audit and oversight committee. Additionally, it has implemented essential policies, such as conflict of interest and whistleblower policies, indicating a commitment to ethical practices and organizational integrity.
Despite the positive aspects, it's important to note that the rating is solely based on the Accountability & Finance beacon. While this is an important aspect, potential donors may want to consider additional factors such as program impact and community engagement for a more comprehensive understanding of the organization's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Best Academy Inc legitimate?
Best Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Best Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $430,932
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,351,758
For more financial information, click here
Official website here: www.thebestacademy.org
What is the mission statement of Best Academy Inc?
Best Academy Inc is dedicated to instructing, empowering, enabling, and guiding children to attain superior academic, social, and moral development. The educational institution aims to foster a nurturing environment where scholars in kindergarten through eighth grade can thrive and reach their full potential. By providing educational services to approximately 627 students, Best Academy Inc strives to create well-rounded individuals who are prepared for future success, both academically and socially. Through its mission, the academy aims to inspire students to become confident, responsible, and compassionate members of their communities.
Official website here: www.thebestacademy.org
Who is the CEO of Best Academy Inc?
Eric Mahmoud is the Executive Di of Best Academy Inc.
Official website here: www.thebestacademy.org
What is the revenue of Best Academy Inc?
Best Academy Inc's revenue in 2022 was $18,938,586.
Official website here: www.thebestacademy.org
Who are the executives of Best Academy Inc and what are their salaries?
The average compensation at Best Academy Inc during 2022 was $55,991. There are 139 employees and 100 volunteers at Best Academy Inc.
Here are 11 key members and their salaries:
- Compensation: $183,978
- Related: $0
- Other: $25,238
- Compensation: $77,360
- Related: $0
- Other: $16,070
- Compensation: $70,010
- Related: $0
- Other: $14,871
- Compensation: $58,038
- Related: $0
- Other: $13,005
- Compensation: $55,497
- Related: $0
- Other: $12,570
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thebestacademy.org
Where can I find the form 990 for Best Academy Inc?
Best Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thebestacademy.org
Learn more at the official website: www.thebestacademy.org
Mission Statement of Best Academy Inc
Best Academy Inc, a dedicated institution, is committed to instructing, empowering, enabling, and guiding children as they strive for superior academic, social, and moral development. This mission drives the organization to provide educational services to approximately 627 scholars in kindergarten through eighth grade. By fostering a supportive and nurturing environment, Best Academy Inc aims to help children reach their full potential and thrive both academically and personally. Through its instruction and guidance, the academy seeks to instill essential values and skills, fostering well-rounded individuals who are prepared for the challenges of the future. By empowering each scholar, Best Academy Inc enables them to grow into confident and capable individuals, equipped with the knowledge and character to make a positive impact in their communities and beyond.
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Impact
October, 2024
Best Academy Inc has made a significant impact on the lives of children in Minneapolis, serving approximately 627 scholars from kindergarten through eighth grade. By focusing on education that emphasizes academic, social, and moral development, the organization empowers students to reach their full potential. The structured programs and supportive environment enable children to develop vital skills that prepare them for future success, fostering not only strong learners but also responsible and ethical individuals. Through its dedicated efforts, Best Academy Inc is shaping a brighter future for the children it serves, laying the foundation for lifelong learning and personal growth.
This information is meant to be a general summary of Best Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2
- Program Service Revenue: $9,717
- Gross Receipts: $18,938,586
Assets and Liabilities:
- Total Assets: $16,956,196
- Total Liabilities: $23,178,944
- Net Assets: -$6,222,748
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION, FEES AND ADMISSIONS
Revenue
$9,717
Organization Details
Founding Year
2007
Phone
(612) 381-9743Principal Officer
Eric Mahmoud
Main Address
1300 OLSON MEMORIAL HWY, MINNEAPOLIS, MN, 55411
Website
www.thebestacademy.orgNTEE Category
Code: B40 - Education
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