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Nonprofit · EIN 41-1265355

BESTPREP

Tax-exempt · BROOKLYN PARK, MN 55428

Financials

$2.4M$2.2M2022$2.7M$2.4M2023$2.2M$2.6M2024
Revenue Expenses · by fiscal year end
Financials of BESTPREP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$2,201,833$2,609,460-$407,627$2,115,453$323,359$1,792,094
August 31, 2024990$2,653,478$2,369,904$283,574$2,569,889$370,168$2,199,721
August 31, 2023990$2,434,355$2,155,325$279,030$2,201,742$285,595$1,916,147
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$2,275,843
Program service revenue
$31,329
Investment income
$75,469
Net income from fundraising events
-$180,808
Other revenue
-$180,808

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$675,627
Other salaries and wages
$900,737
Salaries, compensation and benefits (total)
$1,875,738
Professional fundraising fees
$0
Occupancy
$58,810
Travel
$34,662
Depreciation
$11,610
Program services (functional)
$2,130,906
Management and general (functional)
$280,973
Fundraising (functional)
$197,581

Balance sheet and other

Total assets, start of year
$2,569,889
Total assets, end of year
$2,115,453
Total liabilities, end of year
$323,359
Net assets, end of year
$1,792,094
Land, buildings and equipment
$18,471
Net assets without donor restrictions
$1,196,360
Net assets with donor restrictions
$595,734
Gross receipts
$2,462,831
Employees
43
Volunteers
5,000
Year formed
1976
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ROBERT KAITZFOUNDER, SR. ADVISOR
Officer
50$264,770$21,087
BONNIE VAGASKYVP EXTERNAL RELATIONS
Officer
50$118,471$0
JOHN SCHULTEVP FINANCE & TECHNOLOGY
Officer
50$104,779$1,382
JANAE OLINGERVP EDUCATIONAL PROGRAMS
Officer
50$100,927$4,176
JASON SANDERS STARTED 42125PRESIDENT & CEO
Officer
50$0$0
MARC OLSONBOARD CHAIR
Trustee or director, Officer
2$0$0
PAUL LANGLOISVICE CHAIR
Trustee or director, Officer
2$0$0
ANITA GOEBELTREASURER
Trustee or director, Officer
2$0$0
KIM BOYLTONSECRETARY
Trustee or director, Officer
2$0$0
KRISTY BECKMANBOARD MEMBER
Trustee or director
0.5$0$0
DEAN BREUERBOARD MEMBER
Trustee or director
0.5$0$0
CHASE BRAKKEBOARD MEMBER
Trustee or director
0.5$0$0
CARLY BAKERBOARD MEMBER
Trustee or director
0.5$0$0
BRIAN BOARDMANBOARD MEMBER
Trustee or director
0.5$0$0
MIKE KRONEBUSCHBOARD MEMBER
Trustee or director
0.5$0$0
50 more people on this return
NameTitleHours / weekCompensation
ASHLEY ERICKSONBOARD MEMBER
Trustee or director
0.5$0
VALERIE LITTLES-BUTLERBOARD MEMBER
Trustee or director
0.5$0
DAN LEARBOARD MEMBER
Trustee or director
0.5$0
RHONDA DEANBOARD MEMBER
Trustee or director
0.5$0
NATE HOCHBOARD MEMBER
Trustee or director
0.5$0
ANDY DARVELLBOARD MEMBER
Trustee or director
0.5$0
DAN HOGANBOARD MEMBER
Trustee or director
0.5$0
JOANNA EHRESMANBOARD MEMBER
Trustee or director
0.5$0
RASHMI VASHISHTBOARD MEMBER
Trustee or director
0.5$0
ANDY HENNIGBOARD MEMBER
Trustee or director
0.5$0
HANNAH COLEMANBOARD MEMBER
Trustee or director
0.5$0
KIM HULTGRENBOARD MEMBER
Trustee or director
0.5$0
DON JOHNSONBOARD MEMBER
Trustee or director
0.5$0
JEFF GONSALESBOARD MEMBER
Trustee or director
0.5$0
WHITNEY-LEHR KOENINGBOARD MEMBER
Trustee or director
0.5$0
TAMELA SAULSBERRYBOARD MEMBER
Trustee or director
0.5$0
KESHIA JONESBOARD MEMBER
Trustee or director
0.5$0
STEVE BLUMEBOARD MEMBER
Trustee or director
0.5$0
CHANEL RIVERSBOARD MEMBER
Trustee or director
0.5$0
DOUGLAS MARTINBOARD MEMBER
Trustee or director
0.5$0
KENNY DEVINEBOARD MEMBER
Trustee or director
0.5$0
AMANDA MUNOZBOARD MEMBER
Trustee or director
0.5$0
BEN BRATLANDBOARD MEMBER
Trustee or director
0.5$0
DAVID CLEMENSBOARD MEMBER
Trustee or director
0.5$0
GRETA KOEHLERBOARD MEMBER
Trustee or director
0.5$0
LIZA SAYREBOARD MEMBER
Trustee or director
0.5$0
JARED SHASKYBOARD MEMBER
Trustee or director
0.5$0
BETSY LULFSBOARD MEMBER
Trustee or director
0.5$0
CASEY SCHOENBOARD MEMBER
Trustee or director
0.5$0
BRYAN POLLEYBOARD MEMBER
Trustee or director
0.5$0
JESSE ROSSBOARD MEMBER
Trustee or director
0.5$0
JAMES REDELSHEIMERBOARD MEMBER
Trustee or director
0.5$0
SCOTT MORRISBOARD MEMBER
Trustee or director
0.5$0
MAGGIE SNETTINGBOARD MEMBER
Trustee or director
0.5$0
ROZ TSAIBOARD MEMBER
Trustee or director
0.5$0
BRAD ZASTOUPILBOARD MEMBER
Trustee or director
0.5$0
ANDY TATEBOARD MEMBER
Trustee or director
0.5$0
JILL GIEFERBOARD MEMBER
Trustee or director
0.5$0
MIKE FISHERBOARD MEMBER
Trustee or director
0.5$0
DAWN PRUITTBOARD MEMBER
Trustee or director
0.5$0
JEREMY GOGOSBOARD MEMBER
Trustee or director
0.5$0
STEVE WEITZBOARD MEMBER
Trustee or director
0.5$0
JOHN WAGNERBOARD MEMBER
Trustee or director
0.5$0
SARAH VANDENBERGBOARD MEMBER
Trustee or director
0.5$0
COLE TURNBOWBOARD MEMBER
Trustee or director
0.5$0
BRIDGET SWENSONBOARD MEMBER
Trustee or director
0.5$0
JAMES PATEBOARD MEMBER
Trustee or director
0.5$0
MIKE LEBENSBOARD MEMBER
Trustee or director
0.5$0
JEFF MUNNEKEBOARD MEMBER
Trustee or director
0.5$0
CASEY MERKWANBOARD MEMBER
Trustee or director
0.5$0
990 for the year ended August 31, 2024: 61 people
NameTitleHours / weekCompensation
ROBERT KAITZPRESIDENT & CEO
Trustee or director, Officer
50$267,287
BONNIE VAGASKYVP EXTERNAL RELATIONS
Officer
50$114,583
JOHN SCHULTEVP FINANCE & TECHNOLOGY
Officer
50$101,835
STEVE BLUMEBOARD MEMBER
Trustee or director
0.5$0
BEN BRATLANDBOARD MEMBER
Trustee or director
0.5$0
HANNAH COLEMANBOARD MEMBER
Trustee or director
0.5$0
KENNY DEVINEBOARD MEMBER
Trustee or director
0.5$0
CATE FREEMANBOARD MEMBER
Trustee or director
0.5$0
NATE HOCHBOARD MEMBER
Trustee or director
0.5$0
MIKE KRONEBUSCHBOARD MEMBER
Trustee or director
0.5$0
DAN LEARBOARD MEMBER
Trustee or director
0.5$0
VALERIE LITTLES-BUTLERBOARD MEMBER
Trustee or director
0.5$0
ASHLEY ERICKSONBOARD MEMBER
Trustee or director
0.5$0
KRISTY BECKMANBOARD MEMBER
Trustee or director
0.5$0
BRIAN BOARDMANBOARD MEMBER
Trustee or director
0.5$0
KIM BOYLTONSECRETARY
Trustee or director, Officer
2$0
CHASE BRAKKEBOARD MEMBER
Trustee or director
0.5$0
DEAN BREUERBOARD MEMBER
Trustee or director
0.5$0
ANDY DARVELLBOARD MEMBER
Trustee or director
0.5$0
RHONDA DEANBOARD MEMBER
Trustee or director
0.5$0
JOANNA EHRESMANBOARD MEMBER
Trustee or director
0.5$0
ANITA GOEBELTREASURER
Trustee or director, Officer
2$0
ANDY HENNIGBOARD MEMBER
Trustee or director
0.5$0
DAN HOGANBOARD MEMBER
Trustee or director
0.5$0
KIM HULTGRENBOARD MEMBER
Trustee or director
0.5$0
DON JOHNSONBOARD MEMBER
Trustee or director
0.5$0
KESHIA JONESBOARD MEMBER
Trustee or director
0.5$0
GRETA KOEHLERBOARD MEMBER
Trustee or director
0.5$0
PAUL LANGLOISVICE CHAIR
Trustee or director, Officer
2$0
BETSY LULFSBOARD MEMBER
Trustee or director
0.5$0
DOUGLAS MARTINBOARD MEMBER
Trustee or director
0.5$0
JEFF MUNNEKEBOARD MEMBER
Trustee or director
0.5$0
AMANDA MUNOZBOARD MEMBER
Trustee or director
0.5$0
MARC OLSONBOARD CHAIR
Trustee or director, Officer
2$0
JAMES PATEBOARD MEMBER
Trustee or director
0.5$0
BRYAN POLLEYBOARD MEMBER
Trustee or director
0.5$0
SCOTT MORRISBOARD MEMBER
Trustee or director
0.5$0
JAMES REDELSHEIMERBOARD MEMBER
Trustee or director
0.5$0
JESSE ROSSBOARD MEMBER
Trustee or director
0.5$0
LIZA SAYREBOARD MEMBER
Trustee or director
0.5$0
MICHAEL REMINGTONBOARD MEMBER
Trustee or director
0.5$0
CASEY SCHOENBOARD MEMBER
Trustee or director
0.5$0
JARED SHASKYBOARD MEMBER
Trustee or director
0.5$0
MAGGIE SNETTINGBOARD MEMBER
Trustee or director
0.5$0
ANDY TATEBOARD MEMBER
Trustee or director
0.5$0
ROZ TSAIBOARD MEMBER
Trustee or director
0.5$0
COLE TURNBOWBOARD MEMBER
Trustee or director
0.5$0
SARAH VANDENBERGBOARD MEMBER
Trustee or director
0.5$0
JOHN WAGNERBOARD MEMBER
Trustee or director
0.5$0
STEVE WEITZBOARD MEMBER
Trustee or director
0.5$0
BRIDGET SWENSONBOARD MEMBER
Trustee or director
0.5$0
BRAD ZASTOUPILBOARD MEMBER
Trustee or director
0.5$0
MIKE FISHERBOARD MEMBER
Trustee or director
0.5$0
JILL GIEFERBOARD MEMBER
Trustee or director
0.5$0
JEREMY GOGOSBOARD MEMBER
Trustee or director
0.5$0
JEFF GONSALESBOARD MEMBER
Trustee or director
0.5$0
WHITNEY-LEHR KOENINGBOARD MEMBER
Trustee or director
0.5$0
CASEY MERKWANBOARD MEMBER
Trustee or director
0.5$0
DAWN PRUITTBOARD MEMBER
Trustee or director
0.5$0
CHANEL RIVERSBOARD MEMBER
Trustee or director
0.5$0
RASHMI VASHISHTBOARD MEMBER
Trustee or director
0.5$0
990 for the year ended August 31, 2023: 61 people
NameTitleHours / weekCompensation
ROBERT KAITZPRESIDENT & CEO
Trustee or director, Officer
50$255,822
BONNIE VAGASKYVP EXTERNAL RELATIONS
Officer
50$112,152
JOHN SCHULTEVP FINANCE & TECHNOLOGY
Officer
50$99,090
ASHLEY ERICKSONBOARD MEMBER
Trustee or director
0.5$0
KRISTY BECKMANBOARD MEMBER
Trustee or director
0.5$0
BRIAN BOARDMANBOARD MEMBER
Trustee or director
0.5$0
JAMES BOUCHERBOARD MEMBER
Trustee or director
0.5$0
KIM BOYLTONSECRETARY
Trustee or director, Officer
2$0
CHASE BRAKKEBOARD MEMBER
Trustee or director
0.5$0
DEAN BREUERBOARD MEMBER
Trustee or director
0.5$0
ANDY DARVELLBOARD MEMBER
Trustee or director
0.5$0
RHONDA DEANBOARD MEMBER
Trustee or director
0.5$0
JOANNA EHRESMANCHAIR
Trustee or director, Officer
2$0
ANITA GOEBELTREASURER
Trustee or director, Officer
2$0
ANDY HENNINGBOARD MEMBER
Trustee or director
0.5$0
DAN HOGANBOARD MEMBER
Trustee or director
0.5$0
KIM HULTGRENBOARD MEMBER
Trustee or director
0.5$0
DON JOHNSONBOARD MEMBER
Trustee or director
0.5$0
KESHIA JONESBOARD MEMBER
Trustee or director
0.5$0
GRETA KOEHLERBOARD MEMBER
Trustee or director
0.5$0
PAUL LANGLOISBOARD MEMBER
Trustee or director
0.5$0
STEVE LEARBOARD MEMBER
Trustee or director
0.5$0
MIKE LEBENSBOARD MEMBER
Trustee or director
0.5$0
BETSY LULFSBOARD MEMBER
Trustee or director
0.5$0
DOUGLAS MARTINBOARD MEMBER
Trustee or director
0.5$0
JEFF MUNNEKEBOARD MEMBER
Trustee or director
0.5$0
AMANDA MUNOZBOARD MEMBER
Trustee or director
0.5$0
MARC OLSONVICE CHAIR
Trustee or director, Officer
2$0
JAMES PATEBOARD MEMBER
Trustee or director
0.5$0
JASON PLANKBOARD MEMBER
Trustee or director
0.5$0
BRYAN POLLEYBOARD MEMBER
Trustee or director
0.5$0
SCOTT MORRISBOARD MEMBER
Trustee or director
0.5$0
JAY ROBINSONBOARD MEMBER
Trustee or director
0.5$0
JAMES REDELSHEIMERBOARD MEMBER
Trustee or director
0.5$0
JESSE ROSSBOARD MEMBER
Trustee or director
0.5$0
LIZA SAYREBOARD MEMBER
Trustee or director
0.5$0
MICHAEL REMINGTONBOARD MEMBER
Trustee or director
0.5$0
CASEY SCHOENBOARD MEMBER
Trustee or director
0.5$0
JARED SHASKYBOARD MEMBER
Trustee or director
0.5$0
MAGGIE SNETTINGBOARD MEMBER
Trustee or director
0.5$0
ANDY TATEBOARD MEMBER
Trustee or director
0.5$0
ROZ TSAIBOARD MEMBER
Trustee or director
0.5$0
COLE TURNBOWBOARD MEMBER
Trustee or director
0.5$0
SARAH VANDENBERGBOARD MEMBER
Trustee or director
0.5$0
JOHN WAGNERBOARD MEMBER
Trustee or director
0.5$0
STEVE WEITZBOARD MEMBER
Trustee or director
0.5$0
BRIDGET SWENSONBOARD MEMBER
Trustee or director
0.5$0
BRAD ZASTOUPILBOARD MEMBER
Trustee or director
0.5$0
MATT KASSERABOARD MEMBER
Trustee or director
0.5$0
MIKE FISHERBOARD MEMBER
Trustee or director
0.5$0
JILL GIEFERBOARD MEMBER
Trustee or director
0.5$0
JEREMY GOGOSBOARD MEMBER
Trustee or director
0.5$0
JEFF GONSALESBOARD MEMBER
Trustee or director
0.5$0
WHITNEY-LEHR KOENINGBOARD MEMBER
Trustee or director
0.5$0
CASEY MERKWANBOARD MEMBER
Trustee or director
0.5$0
KIRK MORRISBOARD MEMBER
Trustee or director
0.5$0
MATT MOSHERBOARD MEMBER
Trustee or director
0.5$0
GEORGE OMAEBOARD MEMBER
Trustee or director
0.5$0
DAWN PRUITTBOARD MEMBER
Trustee or director
0.5$0
CHANEL RIVERSBOARD MEMBER
Trustee or director
0.5$0
RASHMI VASHISHTBOARD MEMBER
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
7100 NORTHLAND CIR N STE 306, BROOKLYN PARK, MN 55428-1500
Principal officer (990 for 2024)
JASON SANDERS, 7100 NORTHLAND CIRCLE N 306, BROOKLYN PARK, MN 554281500
Signed the 990
JASON SANDERS, PRESIDENT & CEO
Phone
(763) 398-0090
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

TO BEST PREPARE MINNESOTA STUDENTS WITH BUSINESS, CAREER AND FINANCIAL LITERACY SKILLS THROUGH EXPERIENCES THAT INSPIRE SUCCESS IN WORK AND LIFE.

990 for the year ended August 31, 2025

Program accomplishments

  • EMENTORS EMPOWERS STUDENTS WITH THE KNOWLEDGE AND SKILLS NEEDED FOR SUCCESS IN SCHOOL, CAREER, AND LIFE THROUGH WEEKLY ONE-ON-ONE EMAIL EXCHANGES WITH VOLUNTEER BUSINESS MENTORS. THE PROGRAM EMPHASIZES MOTIVATION, WORKPLACE SKILLS AND CAREER EXPLORATION. THE PROGRAM ALSO OFFERS VERSIONS FOCUSED ON STEM AND FINANCIAL LITERACY AND A CUSTOMIZED VERSION FOR AVID CLASSES. 3834 STUDENTS WERE MENTORED IN 2024-2025.
    Expenses $626,767
  • 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 2025, 386 STUDENTS ATTENDED, INCLUDING 47% FROM LOW-INCOME HOUSEHOLDS AND 75% STUDENTS OF COLOR.
    Expenses $738,455
  • 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 2024-2025, 1,886 FROM SEVEN SCHOOLS PARTICIPATED.
    Expenses $323,166
  • 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. 10,072 STUDENTS WERE SERVED IN 2024-2025.
    Expenses $442,518
  • 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 2024-2025, 3601 STUDENTS PARTICIPATED.
  • 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. 13,400 STUDENTS PARTICIPATED IN 2024-2025.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
41-1265355
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1976
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,115,453
Income (IRS master file)
$2,462,831

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$2,201,833$2,609,460$2,115,453IRS
990August 2024$2,653,478$2,369,904$2,569,889XML
990August 2023$2,434,355$2,155,325$2,201,742XML
990August 2022$2,475,251$2,026,355$1,818,890IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1265355).

Questions about BESTPREP

What is the EIN of BESTPREP?
The employer identification number (EIN) of BESTPREP is 41-1265355.
Is BESTPREP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
Are donations to BESTPREP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BESTPREP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BESTPREP due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BESTPREP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of BESTPREP?
The 990 for the year ended August 31, 2025 names JASON SANDERS.
Who are the officers and directors of BESTPREP?
The 990 for the year ended August 31, 2025 lists 65 people; 4 received compensation from the organization, the highest $264,770 (ROBERT KAITZ, FOUNDER, SR. ADVISOR).
How much revenue does BESTPREP have?
On its 990 for the year ended August 31, 2025 it reported revenue of $2,201,833, expenses of $2,609,460 and total assets of $2,115,453 at year end.

Other nonprofits in BROOKLYN PARK

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