Totals
- Total revenue
- $2,687,820
- Total expenses
- $3,134,898
- Contributions and grants received
- $1,481,247
- Grants paid
- $305,107
- Program service revenue
- $1,088,540
- Investment income
- $118,033
- Other revenue
- $0
- Total assets, end of year
- $6,157,589
- Total liabilities, end of year
- $692,765
- Net assets or fund balances, end of year
- $5,464,824
- Program services expenses (Part IX)
- $2,744,418
- Management and general expenses
- $225,643
- Fundraising expenses
- $164,837
- Program service expenses (Part III)
- $2,744,418
Program services were 87.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$6,101
-
1f · All other contributions, gifts and grants
$1,475,146
-
1g · Noncash contributions included above
$54,250
-
2a · Program service revenue: Competition Registration
total $937,604 · related or exempt $937,604
-
2b · Program service revenue: Coaching Materials/Promo items
total $150,936 · related or exempt $150,936
-
3 · Investment income
total $118,033 · excluded $118,033
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $239,107 · program services $239,107
-
2 · Grants to domestic individuals
total $66,000 · program services $66,000
-
5 · Compensation of officers, directors and key employees
total $257,172 · program services $200,595 · management and general $18,001 · fundraising $38,576
-
7 · Other salaries and wages
total $850,743 · program services $734,314 · management and general $32,887 · fundraising $83,542
-
8 · Pension plan contributions
total $42,362 · program services $36,827 · management and general $1,344 · fundraising $4,191
-
9 · Other employee benefits
total $85,425 · program services $73,403 · management and general $3,078 · fundraising $8,944
-
10 · Payroll taxes
total $79,177 · program services $67,300 · management and general $3,167 · fundraising $8,710
-
11b · Fees: legal
total $18,056 · management and general $18,056
-
11c · Fees: accounting
total $19,096 · management and general $19,096
-
11f · Fees: investment management
total $22,552 · management and general $22,552
-
11g · Fees: other
total $205,098 · program services $169,028 · management and general $27,016 · fundraising $9,054
-
12 · Advertising and promotion
total $24,835 · program services $24,835
-
13 · Office expenses
total $347,177 · program services $304,131 · management and general $36,363 · fundraising $6,683
-
16 · Occupancy
total $47,129 · program services $39,698 · management and general $2,294 · fundraising $5,137
-
17 · Travel
total $25,896 · program services $25,431 · management and general $465
-
19 · Conferences, conventions and meetings
total $167,204 · program services $155,007 · management and general $12,197
-
22 · Depreciation, depletion and amortization
total $78,294 · program services $59,900 · management and general $18,394
-
23 · Insurance
total $9,529 · management and general $9,529
-
24a · Other expenses: National Competition
total $550,046 · program services $548,842 · management and general $1,204
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,605,361 · end of year $1,463,247
-
2 · Savings and temporary cash investments
beginning of year $326,479 · end of year $330,144
-
3 · Pledges and grants receivable
beginning of year $1,252,920 · end of year $843,856
-
4 · Accounts receivable
beginning of year $5,395 · end of year $7,398
-
9 · Prepaid expenses and deferred charges
beginning of year $35,218 · end of year $37,757
-
10a · Land, buildings and equipment: cost or other basis
$855,012
-
10b · Land, buildings and equipment: accumulated depreciation
$718,256
-
10c · Land, buildings and equipment, net
beginning of year $192,392 · end of year $136,756
-
11 · Investments: publicly traded securities
beginning of year $3,145,732 · end of year $3,338,431
-
17 · Accounts payable and accrued expenses
beginning of year $113,352 · end of year $94,649
-
18 · Grants payable
beginning of year $490,279 · end of year $466,729
-
19 · Deferred revenue
beginning of year $27,742 · end of year $25,087
-
21 · Escrow or custodial account liability
beginning of year $122,195 · end of year $106,300
-
27 · Net assets without donor restrictions
beginning of year $3,933,739 · end of year $4,237,824
-
28 · Net assets with donor restrictions
beginning of year $1,876,190 · end of year $1,227,000
Mission and programs · 2022
Mission
MATHCOUNTS provides engaging math programs for US middle school students of all ability levels to build confidence and improve attitudes towards math and problem solving.
Activities or mission (Part I)
Providing engaging math programs for US middle school students.
-
MATHCOUNTS Competition Series and Support:MATHCOUNTS cultivates talent in the nation's brightest minds through the MATHCOUNTS Competition Series. Students are brought together from all 50 states at hundreds of local in-person contests - the only program of its kind to do so. Winners advance through 4 levels of competition - school, chapter, state, and national - until the overall national individual and team champions are determined. Due to COVID-19, the 2021 National Competition was held virtually online.
Expenses $2,276,503 · Grants $298,107 · Revenue $1,088,540
-
The National Math Club:MATHCOUNTS inspires curiosity and builds confidence in students of all math ability levels through The National Math Club. The program creates a space where math learning is fun, social and supportive, so that every student becomes a lifelong math learner. Any individual can sign up to be a club leader and receive free materials to conduct fun math games with their students. Clubs with active participation receive extra recognition and rewards.
Expenses $228,158 · Grants $7,000
-
Math Video Challenge:Math Video Challenge is a project-based team contest in which students create a video that shows a solution to a MATHCOUNTS problem in a real-world setting. To determine advancement and prizes, videos are evaluated based on 4 categories: mathematical content, communication, creativity and real-world scenario.
Expenses $169,627
-
School Recruitment, Public Relations and Newsletter:MATHCOUNTS conducts an extensive campaign to share our wide array of educational resources to teachers, school administrators, students, and parents throughout the country. This campaign includes an annual, online newsletter and postcards that are distributed to every middle school in the United States.
Expenses $70,130
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Tracey Gray
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Nancy Blackwell
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Santanu Das
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Emily Glendinning
Immediate Past Chair
- Total calculated
- $0
- Hours/week
- 1
-
Joann Acosta
Member
- Total calculated
- $0
- Hours/week
- 1
-
Abraham El
Member
- Total calculated
- $0
- Hours/week
- 1
-
Shawn Gundrum
Member
- Total calculated
- $0
- Hours/week
- 1
-
Tricia Hatley
Member
- Total calculated
- $0
- Hours/week
- 1
-
Ryan Hill
Member
- Total calculated
- $0
- Hours/week
- 1
-
Valerie Camille Jones
Member
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer Kass
Member
- Total calculated
- $0
- Hours/week
- 1
-
Karen Keniff
Member
- Total calculated
- $0
- Hours/week
- 1
-
Jason Lee
Member
- Total calculated
- $0
- Hours/week
- 1
-
Michelle Nal
Member
- Total calculated
- $0
- Hours/week
- 1
-
Jon Owen
Member
- Total calculated
- $0
- Hours/week
- 1
-
Sarah Willoughby
Member
- Total calculated
- $0
- Hours/week
- 1
-
Ding Zhou
Member
- Total calculated
- $0
- Hours/week
- 1
-
Kristen Chandler
Executive Director
- Total calculated
- $247,688
- From this org
- $225,092
- From related orgs
- $0
- Other
- $22,596
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $210,092
- Bonus
- $15,000
- Other
- $0
- Deferred
- $11,521
- Nontaxable benefits
- $11,075
- Filer's total
- $247,688
-
Amanda Naar
Deputy Dir & Dir. Of Strategy
- Total calculated
- $208,193
- From this org
- $190,255
- From related orgs
- $0
- Other
- $17,938
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $172,200
- Bonus
- $14,453
- Other
- $3,602
- Deferred
- $9,333
- Nontaxable benefits
- $8,605
- Filer's total
- $208,193
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
State Registration Fee Reimbursements
-
State Registration Fee Reimbursements
-
State Registration Fee Reimbursements
-
$7,885
State Registration Fee Reimbursements
-
State Registration Fee Reimbursements
-
$6,250
State Registration Fee Reimbursements
-
State Registration Fee Reimbursements
-
State Registration Fee Reimbursements
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 26 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202440929349300609
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