Best Buy Foundation
Richfield, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $22,277,118↑11% | $19,794,606↑6% | $60,966,711↑5% | — |
| 2023 | $19,991,487↓10% | $18,750,480↑60% | $58,329,256↑2% | — |
| 2022 | $22,106,255↓53% | $11,712,772↓5% | $56,998,788↑22% | — |
| 2021 | $47,345,954↑224% | $12,270,478↓26% | $46,562,122↑144% | — |
| 2020 | $14,612,560↑63% | $16,557,317↑122% | $19,114,546↑2308% | — |
| 2015 | $8,939,203↓3% | $7,454,628↑22% | $793,812↑23% | — |
| 2014 | $9,201,189↑4% | $6,119,565↓38% | $646,131↑1121% | — |
| 2013 | $8,805,134↓9% | $9,936,715↑2% | $52,912↓91% | — |
| 2012 | $9,705,731↑2% | $9,756,041↓24% | $617,468↓37% | — |
| 2011 | $9,478,750 | $12,790,345 | $984,157 | — |
Frequently Asked Questions
What does Best Buy Foundation do?▼
Best Buy Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Minnesota. It is classified under NTEE code T70I and is registered as a 501(c) tax-exempt organization with the IRS.
Is Best Buy Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Best Buy Foundation has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Best Buy Foundation generate?▼
Revenue data for Best Buy Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
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