Mathematical Association Of America Incorporated
Mathematical Association Of America maintains strong assets despite recent operating deficits and reports no officer compensation.
EIN: 160743079 · Washington, DC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.4M |
| Total Expenses | $9.9M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $22.3M |
| Transparency Score | 85/100 |
Is Mathematical Association Of America Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mathematical Association Of America Incorporated directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mathematical Association Of America Incorporated
Mathematical Association Of America Incorporated (EIN: 160743079) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $10.4M and total assets of $37.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mathematical Association Of America Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mathematical Association Of America Incorporated is a large nonprofit that has been operating for 54 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.0M |
| Total Expenses | $9.9M |
| Surplus / Deficit | $-867,958 |
| Total Assets | $34.1M |
| Total Liabilities | $11.8M |
| Net Assets | $22.3M |
| Operating Margin | -9.7% |
| Debt-to-Asset Ratio | 34.6% |
| Months of Reserves | 41.4 months |
Financial Health Grade: B
In 2022, Mathematical Association Of America Incorporated reported a deficit of $868K with expenses exceeding revenue, holds 41.4 months of operating reserves (strong position), has a debt-to-asset ratio of 34.6% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), Mathematical Association Of America Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -55.5% | +16.4% | +5.0% |
| 2021 | +181.1% | +6.7% | +60.2% |
| 2020 | -27.2% | -19.9% | +0.5% |
| 2019 | -13.6% | -1.0% | +11.8% |
| 2018 | +4.4% | -3.2% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1972 |
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 Mathematical Association Of America Incorporated with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Mathematical Association Of America Incorporated allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $868K, with expenses exceeding revenue.
- Debt-to-asset ratio: 34.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with annual revenues often exceeding $10 million and assets over $37 million. This suggests either that executive compensation is not being reported under 'Officer Comp' or that leadership is entirely volunteer-based, which would be a significant strength in terms of resource allocation.
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.
Red Flags
The following concerns were identified during AI analysis of Mathematical Association Of America Incorporated's IRS 990 filings:
- 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
The following positive indicators were identified for Mathematical Association Of America Incorporated:
- 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.
Frequently Asked Questions about Mathematical Association Of America Incorporated
Is Mathematical Association Of America Incorporated a legitimate charity?
Mathematical Association Of America Incorporated (EIN: 160743079) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $10.4M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Mathematical Association Of America Incorporated spend its money?
Mathematical Association Of America Incorporated directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mathematical Association Of America Incorporated tax-deductible?
Mathematical Association Of America Incorporated is registered as a tax-exempt nonprofit (EIN: 160743079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mathematical Association Of America Incorporated CEO make?
Mathematical Association Of America Incorporated's highest-compensated officer earns $10 annually. The organization reported $10.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mathematical Association Of America Incorporated's spending goes to programs?
Mathematical Association Of America Incorporated directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Mathematical Association Of America Incorporated located?
Mathematical Association Of America Incorporated is headquartered in Washington, Washington DC and files with the IRS under EIN 160743079.
How many years of IRS 990 filings does Mathematical Association Of America Incorporated have?
Mathematical Association Of America Incorporated has 12 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 $10.4M in total revenue.
How does the organization manage to report 0% officer compensation given its size?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with annual revenues often exceeding $10 million and assets over $37 million. This could indicate that executive leadership is entirely volunteer-based, or that compensation for key management personnel is reported under different expense categories, or that the 'Officer Comp' field specifically refers to a very narrow definition of officers not applicable to their structure.
What caused the significant revenue spike in 2021 to over $20 million?
In 2021, the organization reported a substantial revenue increase to $20,213,904, nearly double its typical annual revenue. This spike significantly contributed to the growth of its assets. Without further detail from the filing, it's difficult to pinpoint the exact cause, but it could be attributed to a major grant, a large one-time donation, a successful capital campaign, or a significant investment gain.
What is the organization's long-term strategy for managing operating deficits, such as the one in 2022?
In 2022, the organization experienced an operating deficit with expenses ($9,861,216) exceeding revenues ($8,993,258). While the organization has substantial assets ($37,191,978), sustained deficits could impact long-term financial health. Understanding their strategy for balancing budgets, whether through expense control, revenue diversification, or drawing from reserves, is crucial.
Filing History
IRS 990 filing history for Mathematical Association Of America Incorporated showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Mathematical Association Of America Incorporated's revenue has declined by 4.6%, moving from $9.4M to $9.0M. Total assets increased by 111.2% over the same period, from $16.1M to $34.1M. Total functional expenses rose by 7.3%, from $9.2M to $9.9M. In its most recent filing year (2022), Mathematical Association Of America Incorporated reported a deficit of $868K, with expenses exceeding revenue. The organization holds $11.8M in liabilities against $34.1M in assets (debt-to-asset ratio: 34.6%), resulting in net assets of $22.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $9.0M | $9.9M | $34.1M | $11.8M | — | View 990 |
| 2021 | $20.2M | $8.5M | $32.4M | $3.9M | — | View 990 |
| 2020 | $7.2M | $7.9M | $20.2M | $4.3M | — | — |
| 2019 | $9.9M | $9.9M | $20.1M | $4.3M | — | View 990 |
| 2018 | $11.4M | $10.0M | $18.0M | $4.1M | — | View 990 |
| 2017 | $10.9M | $10.3M | $18.4M | $4.2M | — | — |
| 2016 | $9.9M | $10.6M | $15.6M | $3.3M | — | View 990 |
| 2015 | $10.6M | $10.9M | $15.4M | $2.9M | — | View 990 |
| 2014 | $11.3M | $10.7M | $16.0M | $2.6M | — | View 990 |
| 2013 | $10.0M | $10.6M | $16.4M | $2.8M | — | View 990 |
| 2012 | $9.2M | $9.4M | $15.7M | $2.6M | — | View 990 |
| 2011 | $9.4M | $9.2M | $16.1M | $3.2M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $9.0M, expenses of $9.9M, and assets of $34.1M (revenue -55.5% year-over-year).
- 2021: Revenue of $20.2M, expenses of $8.5M, and assets of $32.4M (revenue +181.1% year-over-year).
- 2020: Revenue of $7.2M, expenses of $7.9M, and assets of $20.2M (revenue -27.2% year-over-year).
- 2019: Revenue of $9.9M, expenses of $9.9M, and assets of $20.1M (revenue -13.6% year-over-year).
- 2018: Revenue of $11.4M, expenses of $10.0M, and assets of $18.0M (revenue +4.4% year-over-year).
- 2017: Revenue of $10.9M, expenses of $10.3M, and assets of $18.4M (revenue +10.4% year-over-year).
- 2016: Revenue of $9.9M, expenses of $10.6M, and assets of $15.6M (revenue -6.3% year-over-year).
- 2015: Revenue of $10.6M, expenses of $10.9M, and assets of $15.4M (revenue -6.8% year-over-year).
- 2014: Revenue of $11.3M, expenses of $10.7M, and assets of $16.0M (revenue +13.2% year-over-year).
- 2013: Revenue of $10.0M, expenses of $10.6M, and assets of $16.4M (revenue +8.6% year-over-year).
- 2012: Revenue of $9.2M, expenses of $9.4M, and assets of $15.7M (revenue -2.0% year-over-year).
- 2011: Revenue of $9.4M, expenses of $9.2M, and assets of $16.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mathematical Association Of America Incorporated:
Data Sources and Methodology
This transparency report for Mathematical Association Of America Incorporated 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.