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Filing year 2023

BEST ACADEMY INC

Minneapolis, Minnesota·EIN 26-1221063·NTEE B40 · Education·501(c)(3)
Total revenue
$16.4M
Total assets
$12.2M
Total expenses
$19.5M
Reported officers
15
Mission

TO INSTRUCT, EMPOWER, ENABLE AND GUIDE CHILDREN TO ACHIEVE SUPERIOR ACADEMIC, SOCIAL AND MORAL DEVELOPMENT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Minnesota.

Executive Di
75th to 90th percentile
$207k
$226k
Base
$194k
Bonus
Other
Benefits
$8k
Chief Admin
Officer (Unspecified)
$181k
$198k
Base
$161k
Bonus
Other
Benefits
$8k
Board Member
Above 90th percentile
$139k
$152k
Director of
Director (Operational)
Median to 75th percentile
$129k
$140k
Board Member
Above 90th percentile
$127k
$139k
Board Member
Above 90th percentile
$124k
$135k
Board Member
Above 90th percentile
$97k
$106k
Board Member
75th to 90th percentile
$75k
$82k
Board Member
25th percentile to median
$50k
$54k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at BEST ACADEMY INC equaled 1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
1%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 10%
from 2022

From $188k in 2022 to $207k in 2023.

$188k
2022
$207k
2023
In today's dollarsEst.
Up 7% in real terms$211k to $226k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 10% from 2022 to 2023, while revenue fell 2%.

$188k in 2022 to $207k in 2023.
  • Board Member pay rose 14% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about BEST ACADEMY INC

What does the Chief Executive Officer of BEST ACADEMY INC earn?

In 2023, the Chief Executive Officer of BEST ACADEMY INC received $207,058 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Minnesota, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BEST ACADEMY INC compare with similar nonprofits?

Compared with the same role at Education organizations in Minnesota, the 2023 pay of the Chief Executive Officer at BEST ACADEMY INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at BEST ACADEMY INC equaled 1% of the organization's total expenses. The median for education organizations is 7%.

What are BEST ACADEMY INC's revenue and expenses?

In 2023, BEST ACADEMY INC reported $16.4M in total revenue and $19.5M in total expenses on its IRS Form 990.

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