Best Foundation Inc
- Assets
- $4.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fresh Meadows, NY
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 83-4659393
Organization Overview
Best Foundation Inc is located in Fresh Meadows, NY. The organization was established in 2019. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Best Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Best Foundation Inc generated $18.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 45.5% each year . All expenses for the organization totaled $18.7k during the year ending 12/2021. While expenses have increased by 41.1% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE EDUCATIONAL SERVICES FOR HELPING STUDENTS ENRICH THEIR ACADEMIC LEVELS, AFTERSCHOOL HOMEWORK HELP AND VARIOUS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Chan Chairman | 8 | $0 | |
Moiling Chan Vice Chairman | 3 | $0 | |
Sui Tong Tang Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $18,320 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $18,320 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $10,866 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,849 |
| Total expenses | $18,715 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,875 |
| Other assets | $0 |
| Total assets | $4,875 |
| Total liabilities | $5,209 |
| Net assets or fund balances | -$334 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
College Association At Delhi Inc Delhi, NY | $7,817,922 | $8,398,682 |
Bes Inc Boston, MA | $9,472,977 | $7,138,485 |
Ilearn Schools Inc Fair Lawn, NJ | $13,400,113 | $8,692,177 |
Green Mountain Higher Education Consortium Inc Shelburne, VT | $1,891,239 | $6,372,980 |
Public Preparatory Network Inc Bronx, NY | $2,858,866 | $7,875,769 |
21st Century Partnership For Stem Education Conshohocken, PA | $827,740 | $5,172,923 |
Nellco Law Library Consortium Inc Albany, NY | $1,891,684 | $4,822,590 |
Council For Aid To Education Inc New York, NY | $2,451,648 | $5,084,606 |
Capital Preparatory Schools Incorporated Bridgeport, CT | $4,972,601 | $3,901,459 |
Blueprint Schools Network Inc Needham, MA | $3,399,810 | $5,269,995 |
Northeast Charter Schools Network Inc Albany, NY | $2,194,163 | $3,870,808 |
Leap Social Enterprise Inc Voorhees, NJ | $299,393 | $3,029,714 |