MINNEAPOLIS, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BEST ACADEMY INC, founded in 2007, is a mid-sized nonprofit in the Education sector that reported $16.4M in total revenue in fiscal year 2023. Expenses of $19.5M exceeded revenue, resulting in a 19% operating deficit.
TO INSTRUCT, EMPOWER, ENABLE AND GUIDE CHILDREN TO ACHIEVE SUPERIOR ACADEMIC, SOCIAL AND MORAL DEVELOPMENT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $16,399,242 | $16,665,161 | 0.0% |
| Expenses | $19,509,850 | $15,159,124 | +0.3% |
| Net Income | $-3,110,608 | $1,506,037 | -3.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ERIC MAHMOUD | EXECUTIVE DI | 40.00 |
|
$193,649 | $13,409 | $207,058 |
| EMILY PETERSON | CHIEF ADMIN | 40.00 |
Officer
|
$161,127 | $19,828 | $180,955 |
| FATOU DIAHAME | BOARD MEMBER | 40.00 |
Director
|
$122,757 | $16,194 | $138,951 |
| JASON BURNS | DIRECTOR OF | 40.00 |
Officer
|
$114,922 | $13,593 | $128,515 |
| NICK BOETTCHER | BOARD MEMBER | 40.00 |
Director
|
$112,500 | $14,793 | $127,293 |
| RACHELLE LARSON | BOARD MEMBER | 40.00 |
Director
|
$107,926 | $16,003 | $123,929 |
| MEGHAN ROEGGE | BOARD MEMBER | 40.00 |
Director
|
$84,993 | $12,167 | $97,160 |
| SARAH SWANSON | BOARD MEMBER | 40.00 |
Director
|
$64,545 | $10,587 | $75,132 |
| LAYLA HAYOW | BOARD MEMBER | 40.00 |
Director
|
$41,853 | $7,908 | $49,761 |
| FOWSIYA DAHIR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| EZRA HYLAND | BOARD CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DEANDRA KNIGHTEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LAQUITA LIMO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANURA SI-ASAR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARKANETTA SMITH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $16,399,242 | $19,509,850 | $12,162,385 | $-3,110,608 |
| 2023 | $16,665,161 | $15,159,124 | $15,163,606 | $1,506,037 |
| 2022 | $18,938,586 | $13,414,498 | $16,956,196 | $5,524,088 |
| 2021 | $14,343,198 | $14,288,965 | $10,985,443 | $54,233 |
| 2020 | $13,545,061 | $13,378,207 | $9,076,682 | $166,854 |
| 2019 | $12,697,027 | $10,133,441 | $9,458,388 | $2,563,586 |
| 2018 | $10,262,712 | $12,482,237 | $15,400,377 | $-2,219,525 |
Compare BEST ACADEMY INC with other nonprofits in Minnesota and across the country.