Best Future Center
- Assets
- $1.8k
- Revenue
- $48.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Prior Lake, MN
- Founding
- Data as of
- 12/2021
- EIN
- 84-4902499
Organization Overview
Best Future Center is located in Prior Lake, MN. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, 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 Future Center 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 Future Center generated $48.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $51.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS FOR FOOD WAGES BUILDINGS MEDICINE COMPUTERS INTERNET DATA TRANSPORTATION WITHIN UGANDA ETC. FOR THE PRIMARY SCHOOL
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $48,672 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $48,672 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $735 |
| Total operating and administrative expenses | $735 |
| Contributions, gifts, grants paid | $50,381 |
| Total expenses and disbursements | $51,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,766 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,766 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Best Future Center has recieved totaling $5,739.
| Awarding Organization | Amount |
|---|---|
Prior Lake Rotary Foundation Prior Lake, MN PURPOSE: Expansion of operations. | $5,739 |
Peer Organizations
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|---|---|---|
Hope Community Academy St Paul, MN | $7,239,866 | $9,388,548 |
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Spero Academy Minneapolis, MN | $4,864,005 | $8,619,763 |
Pact Charter School Ramsey, MN | $5,812,709 | $8,450,836 |
Excell Academy For Higher Learning Inc Brooklyn Park, MN | $4,215,096 | $7,722,207 |
Sojourner Truth Academy Minneapolis, MN | $4,962,625 | $7,578,548 |
Aurora Charter School Minneapolis, MN | $3,496,445 | $6,931,662 |
University Lake School Inc Hartland, WI | $13,151,982 | $7,209,349 |
Rivermont Collegiate Bettendorf, IA | $9,168,102 | $6,388,937 |
New Discoveries Montessori Academy Hutchinson, MN | $3,079,887 | $5,845,714 |
Dr Howard Fuller Collegiate Academy Inc Milwaukee, WI | $8,157,681 | $10,552,753 |