Overview
What is Mathpath?
Mathpath is a renowned nonprofit organization, primarily based in Grand Rapids, Michigan, with a specific address provided. Its core activity is a 4-week residential math program, which welcomes approximately 100 highly talented middle school students annually, hailing from various parts of the world. The location of this event changes each year. In 2022, it was held at Mt. Holyoke College in South Hadley, Massachusetts. This year, the program was attended in person for the first time in several years, by 103 students, with 15 of them receiving financial aid. The curriculum involves students taking two math courses each week, selected from a total of 12 options, along with attending three daily lectures. To foster creativity and critical thinking, a problem of the day was presented to the students. In addition to academic activities, physical activities such as hiking, frisbee, and volleyball were offered for a well-rounded experience. The weekends were filled with exciting field trips to local attractions, such as theme parks, museums, and puzzle rooms, based on the location of the camp. Mathpath's mission is to motivate and nurture the most mathematically gifted middle school students in the U.S., Canada, and globally, by providing an affordable annual summer camp to all eligible participants. The organization is supported by a team of 26 dedicated individuals.
Official website here: www.mathpath.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Star rating)
Mathpath has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization scores well on board independence and program expense ratio, suggesting that it prioritizes its core mission with 78.31% of expenses directed towards programs. However, the lack of financial statements and several missing policies related to governance and transparency raise concerns about its overall accountability.
Strengths include a fully independent board and a very low liabilities to assets ratio, which hints at financial stability. The organization seems committed to transparency in some areas, as it documents board meeting minutes, but it has significant gaps in its governance policies, including the absence of a whistleblower policy and conflict of interest policy.
Despite some positive attributes, the shortcomings in financial reporting and policy documentation may hinder trust among potential donors and stakeholders. Addressing these issues could enhance Mathpath's rating and improve its overall effectiveness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Mathpath legitimate?
Mathpath is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mathpath submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $7,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $181,918
For more financial information, click here
Official website here: www.mathpath.org
What is the mission statement of Mathpath?
MathPath's mission is centered around inspiring and advancing the most mathematically talented middle school students globally. They achieve this by hosting an annual summer camp, ensuring affordability for all qualified students, regardless of their geographical location, which includes the United States, Canada, and beyond. The summer program offers a variety of math courses and encourages critical thinking through daily problem-solving activities. To provide a well-rounded experience, the camp incorporates physical activities and organized trips during free time and weekends.
Official website here: www.mathpath.org
Who is the CEO of Mathpath?
Sam Vandervelde is the President of Mathpath.
Official website here: www.mathpath.org
What is the revenue of Mathpath?
Mathpath's revenue in 2022 was $1,231,974.
Official website here: www.mathpath.org
Who are the executives of Mathpath and what are their salaries?
The average compensation at Mathpath during 2022 was $7,266. There are 26 employees at Mathpath.
Here are 5 key members and their salaries:
- Compensation: $4,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mathpath.org
Where can I find the form 990 for Mathpath?
Mathpath's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mathpath.org
Learn more at the official website: www.mathpath.org
Mission Statement of Mathpath
MathPath, a renowned organization, is dedicated to inspiring and propelling the most mathematically proficient middle school students from the United States, Canada, and beyond. It achieves this goal through an annual summer camp, which is designed to be accessible to all qualified candidates, regardless of financial circumstances. By offering an enriching 4-week residential program, MathPath provides these talented students with a unique opportunity to delve deeper into their mathematical passion and expand their horizons. The camp, which varies in location each year, provides a conducive environment for students to engage in two math courses per week, selected from a diverse range of 12 options, and attend three all-camp lectures daily. In addition to the academic rigor, MathPath ensures a well-rounded experience for its students by offering physical activities such as hiking, frisbee, and volleyball during free time. Weekends are filled with exciting field trips to local attractions, enriching the overall experience for these gifted young minds.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Mathpath has a significant impact on highly gifted middle school students by providing them with a unique and enriching math experience through its annual summer camp. The program, attended by around 100 students from various parts of the world, offers a diverse curriculum with 12 math courses and 3 all-camp lectures each week. By challenging students with a problem of the day and encouraging them to think creatively, Mathpath fosters intellectual growth and problem-solving skills.
Furthermore, the organization's focus on affordability and providing financial aid to deserving students ensures that all qualified individuals have the opportunity to participate, regardless of their financial background. This commitment to inclusivity helps create a diverse and vibrant learning environment where students can thrive.
In addition to the academic aspect, Mathpath also offers recreational activities like hiking, frisbee, and volleyball, as well as weekend field trips to local attractions. This well-rounded approach helps students develop not only academically but also socially and physically, creating a holistic summer experience that can have a lasting impact on their personal and intellectual growth.
Overall, Mathpath's dedication to inspiring and advancing mathematically gifted students contributes to the development of future leaders in the field of mathematics and beyond.
This information is meant to be a general summary of Mathpath. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $38,646
- Program Service Revenue: $551,219
- Gross Receipts: $1,231,974
Assets and Liabilities:
- Total Assets: $2,598,570
- Total Liabilities: $2,193
- Net Assets: $2,596,377
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition, Room/Board
Revenue
$551,219
Organization Details
Founding Year
2004
Phone
(989) 402-4756Principal Officer
Sam Vandervelde
Main Address
129 Luray Avenue NW, Grand Rapids, MI, 49504
Website
www.mathpath.orgNTEE Category
Code: B28 - Education
If you are a representative of Mathpath and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.