Math For America Inc
Math For America Inc maintains stable finances with significant asset growth and no reported officer compensation.
EIN: 200651886 · New York, NY · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $26.1M |
| Total Expenses | $23.6M |
| Program Spending | 90% |
| Net Assets | $13.2M |
| Transparency Score | 95/100 |
Is Math For America Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Math For America Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Math For America Inc
Math For America Inc (EIN: 200651886) is a nonprofit organization based in New York, NY, classified under NTEE code B82. The organization reported total revenue of $26.1M and total assets of $30.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Math For America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Math For America Inc is a large nonprofit that has been operating for 1 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24.0M |
| Total Expenses | $23.6M |
| Surplus / Deficit | +$438K |
| Total Assets | $31.3M |
| Total Liabilities | $18.2M |
| Net Assets | $13.2M |
| Operating Margin | 1.8% |
| Debt-to-Asset Ratio | 58.0% |
| Months of Reserves | 15.9 months |
Financial Health Grade: A
In 2023, Math For America Inc reported a surplus of $438K with revenue exceeding expenses, holds 15.9 months of operating reserves (strong position), has a debt-to-asset ratio of 58.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Math For America Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.8% | +1.1% | +99.3% |
| 2022 | -18.3% | -0.4% | -19.2% |
| 2021 | -18.0% | -4.5% | +4.5% |
| 2020 | +14.9% | -1.8% | +34.5% |
| 2019 | +6.3% | +2.4% | +2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2025 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Math For America Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Math For America Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $438K, with revenue exceeding expenses.
- Debt-to-asset ratio: 58.0%.
Executive Compensation Analysis
Math For America Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a strong commitment to directing funds towards program services.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Math For America Inc:
- Consistent financial stability with revenues generally exceeding expenses.
- Significant asset growth from $13.8M in 2019 to $31.3M in 2023.
- Reported 0% officer compensation across all filings, indicating high efficiency and mission focus.
- Strong capacity to cover operational costs and build reserves.
Frequently Asked Questions about Math For America Inc
Is Math For America Inc a legitimate charity?
Math For America Inc (EIN: 200651886) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $26.1M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Math For America Inc spend its money?
Math For America Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Math For America Inc tax-deductible?
Math For America Inc is registered as a tax-exempt nonprofit (EIN: 200651886). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Math For America Inc's spending goes to programs?
Math For America Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Math For America Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Math For America Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Math For America Inc located?
Math For America Inc is headquartered in New York, New York and files with the IRS under EIN 200651886. It is classified under NTEE code B82.
How many years of IRS 990 filings does Math For America Inc have?
Math For America Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $26.1M in total revenue.
Is Math For America Inc a good charity?
Based on the provided financial data, Math For America Inc appears to be a very good charity. It demonstrates strong financial stability, consistent revenue generation, significant asset growth, and notably reports 0% officer compensation, suggesting a high dedication to its mission.
How does Math For America Inc manage its executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, which means no salaries are paid to its officers. This is a highly positive indicator for donor trust and efficient use of funds.
What is the trend in Math For America Inc's assets?
Math For America Inc's assets have shown significant growth, increasing from $13,836,163 in 2019 to $31,310,984 in 2023, indicating strong financial management and accumulation of resources.
Does Math For America Inc spend more than it earns?
Generally, Math For America Inc's revenues have exceeded or closely matched its expenses. For example, in 2023, revenue was $24,004,679 against expenses of $23,566,565, showing a surplus. There were occasional years like 2017 and 2022 where expenses slightly exceeded revenue, but overall, it maintains a healthy balance.
Filing History
IRS 990 filing history for Math For America Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Math For America Inc's revenue has declined by 6.2%, moving from $25.6M to $24.0M. Total assets increased by 99.6% over the same period, from $15.7M to $31.3M. Total functional expenses rose by 75.8%, from $13.4M to $23.6M. In its most recent filing year (2023), Math For America Inc reported a surplus of $438K, with revenue exceeding expenses. The organization holds $18.2M in liabilities against $31.3M in assets (debt-to-asset ratio: 58.0%), resulting in net assets of $13.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24.0M | $23.6M | $31.3M | $18.2M | — | View 990 |
| 2022 | $20.0M | $23.3M | $15.7M | $3.0M | — | View 990 |
| 2021 | $24.5M | $23.4M | $19.4M | $3.5M | — | View 990 |
| 2020 | $29.9M | $24.5M | $18.6M | $3.7M | — | View 990 |
| 2019 | $26.0M | $24.9M | $13.8M | $4.4M | — | View 990 |
| 2018 | $24.5M | $24.4M | $13.5M | $5.1M | — | View 990 |
| 2017 | $12.5M | $27.0M | $14.2M | $5.9M | — | View 990 |
| 2016 | $24.5M | $26.6M | $26.6M | $3.7M | — | View 990 |
| 2015 | $25.2M | $22.5M | $29.0M | $4.1M | — | View 990 |
| 2014 | $26.8M | $17.8M | $25.5M | $3.3M | — | View 990 |
| 2013 | $15.9M | $15.2M | $17.7M | $4.5M | — | View 990 |
| 2012 | $15.6M | $14.0M | $17.0M | $4.5M | — | View 990 |
| 2011 | $25.6M | $13.4M | $15.7M | $4.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24.0M, expenses of $23.6M, and assets of $31.3M (revenue +19.8% year-over-year).
- 2022: Revenue of $20.0M, expenses of $23.3M, and assets of $15.7M (revenue -18.3% year-over-year).
- 2021: Revenue of $24.5M, expenses of $23.4M, and assets of $19.4M (revenue -18.0% year-over-year).
- 2020: Revenue of $29.9M, expenses of $24.5M, and assets of $18.6M (revenue +14.9% year-over-year).
- 2019: Revenue of $26.0M, expenses of $24.9M, and assets of $13.8M (revenue +6.3% year-over-year).
- 2018: Revenue of $24.5M, expenses of $24.4M, and assets of $13.5M (revenue +96.1% year-over-year).
- 2017: Revenue of $12.5M, expenses of $27.0M, and assets of $14.2M (revenue -49.1% year-over-year).
- 2016: Revenue of $24.5M, expenses of $26.6M, and assets of $26.6M (revenue -2.5% year-over-year).
- 2015: Revenue of $25.2M, expenses of $22.5M, and assets of $29.0M (revenue -6.3% year-over-year).
- 2014: Revenue of $26.8M, expenses of $17.8M, and assets of $25.5M (revenue +68.7% year-over-year).
- 2013: Revenue of $15.9M, expenses of $15.2M, and assets of $17.7M (revenue +2.1% year-over-year).
- 2012: Revenue of $15.6M, expenses of $14.0M, and assets of $17.0M (revenue -39.1% year-over-year).
- 2011: Revenue of $25.6M, expenses of $13.4M, and assets of $15.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Math For America Inc:
Data Sources and Methodology
This transparency report for Math For America Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.