Is Mathematical Association Of America Incorporated Legit?
Quick charity verification for Mathematical Association Of America Incorporated (EIN: 160743079)
Verdict: Mathematical Association Of America Incorporated appears trustworthy
85/100Mission Score
$10.4MRevenue
$37.2MAssets
2Red Flags
4Strengths
Red Flags
Consistent reporting of 0% officer compensation for an organization of this size, which may obscure actual executive remuneration if reported elsewhere.
Operating deficit in 2022 ($8,993,258 revenue vs. $9,861,216 expenses), indicating expenses exceeded revenue for that period.
Strengths
Strong and growing asset base, reaching $37,191,978, providing financial stability.
Significant revenue spike in 2021 ($20,213,904) demonstrating capacity for substantial financial inflows.
Consistent reporting of 0% officer compensation, suggesting potential volunteer leadership or highly efficient compensation practices.
Long history of IRS 990 filings (12 filings), indicating consistent compliance and transparency in reporting.
Spending Breakdown
How Mathematical Association Of America Incorporated allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Mathematical Association Of America Incorporated
Is Mathematical Association Of America Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Mathematical Association Of America Incorporated (EIN: 160743079) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Mathematical Association Of America Incorporated a good charity to donate to?
Mathematical Association Of America Incorporated has a Mission Score of 85/100. Revenue: $10.4M. Assets: $37.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mathematical Association Of America Incorporated?
The Employer Identification Number (EIN) for Mathematical Association Of America Incorporated is 160743079. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Mathematical Association Of America Incorporated spend its money?
Mathematical Association Of America Incorporated allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mathematical Association Of America Incorporated's tax-exempt status?
You can verify Mathematical Association Of America Incorporated's tax-exempt status using EIN 160743079 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Mathematical Association Of America Incorporated demonstrates a generally stable financial position with significant assets, though recent years show some fluctuations in revenue and expenses. In 2022, the organization reported revenues of $8,993,258 against expenses of $9,861,216, indicating a deficit for that year. However, this follows a strong year in 2021 with revenues of $20,213,904, which significantly boosted its asset base from $20,249,950 in 2020 to $32,437,492 in 2021. The organization's assets have continued to grow, reaching $37,191,978 in the latest available data, suggesting a healthy long-term financial foundation.
Spending efficiency appears to be reasonable, with a significant portion of expenses likely directed towards program services, given the nature of the organization. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and potentially efficient use of funds, as it suggests that the highest-ranking individuals are not receiving direct compensation from the organization, or it is not reported in this section. This practice can contribute positively to public trust and perception of financial stewardship.
While the NTEE code is unknown, the organization's name suggests a focus on mathematical education and advancement, which aligns with a non-profit mission. The substantial asset base and the absence of reported officer compensation are strong points for transparency and financial health. However, a deeper dive into the functional expense breakdown (program, administrative, fundraising) would provide a more complete picture of spending efficiency.