Overview
What is Prime Factor?
Prime Factor is a nonprofit organization situated in Kirkland, Washington, dedicated to igniting children's passion for mathematics and science. During the 2021-22 academic year, it served over 300 students through year-long STEM classes in various subjects, including mathematics and computer science. The organization offered advanced classes like Math Circles and programming courses in Scratch, AppLab, Python, and Java. Additionally, it provided preparation for coding competitions and math contests, and organized mathematical contests such as Math Kangaroo, Noetic Learning, and the Bebras coding challenge. Prime Factor also created and managed the Coding Land, a unique coding competition for elementary school children. The organization offered free or discounted classes to families affected by economic hardship and contributed to helping Ukrainian war refugees by providing free online coding classes in partnership with Kvanta, a Kiev-based school. Its mission is to stimulate interest in advanced math and science concepts, provide enriching classes, foster creativity, and help children prepare for careers in these fields. With a team of five dedicated individuals, Prime Factor is committed to enriching the lives of students and promoting STEM education.
Official website here: www.pfmathcircle.org
Is Prime Factor legitimate?
Prime Factor is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prime Factor 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: $77,981
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,427
For more financial information, click here
Official website here: www.pfmathcircle.org
What is the mission statement of Prime Factor?
Prime Factor Corporation's mission is centered around fostering the interest of students in advanced math and science topics. Their objectives include designing innovative methods to present complex mathematical and scientific concepts in an engaging manner for school-age children. They offer classes in advanced math, extracurricular math, creative thinking, and various scientific subjects for students whose educational needs may not be met elsewhere. Prime Factor aims to cultivate a community of students and parents who value extracurricular mathematics as a means to enhance students' creativity and love for learning. Additionally, they assist in preparing children for careers in mathematics, science, or other highly qualified fields, with the ultimate goal of helping them become creative professionals capable of excelling in their respective fields and serving their communities.
Official website here: www.pfmathcircle.org
Who is the CEO of Prime Factor?
Anna Burago is the Lead Teacher of Prime Factor.
Official website here: www.pfmathcircle.org
What is the revenue of Prime Factor?
Prime Factor's revenue in 2022 was $322,200.
Official website here: www.pfmathcircle.org
Who are the executives of Prime Factor and what are their salaries?
The average compensation at Prime Factor during 2022 was $30,482. There are 5 employees and 15 volunteers at Prime Factor.
Here are 7 key members and their salaries:
- Compensation: $46,339
- Related: $0
- Other: $0
- Compensation: $40,020
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- 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.pfmathcircle.org
Where can I find the form 990 for Prime Factor?
Prime Factor's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pfmathcircle.org
Learn more at the official website: www.pfmathcircle.org
Mission Statement of Prime Factor
Prime Factor Corporation, a nonprofit organization, is dedicated to nurturing the curiosity and passion for math and science in students beyond their school curriculum. It achieves this mission through innovative strategies to present complex mathematical and scientific concepts in an engaging and comprehensible manner for school-aged children. Prime Factor provides classes in advanced math, extracurricular math, creative thinking, and various scientific topics for students whose educational needs may not be met elsewhere in the community.
Moreover, Prime Factor works to build a community of students and parents who value the importance of extracurricular mathematics in fostering creativity and interest in learning. The organization aims to prepare children for careers in mathematics, science, or other highly qualified fields, helping them develop into creative professionals capable of reaching the top levels in their respective professions and contributing to their communities. Prime Factor's mission is to inspire and equip the next generation of mathematical and scientific innovators.
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Impact
October, 2024
Prime Factor has made a significant impact in the realm of STEM education, fostering a passion for math and science among students and providing opportunities that go beyond traditional schooling. Through innovative programming, the organization has engaged over 300 students in year-long STEM classes, catering to diverse age groups and skill levels.
By offering unique advanced classes, such as Math Circles and programming courses in languages like Scratch, Python, and Java, Prime Factor has transformed complex concepts into engaging and accessible lessons. Their preparation classes for coding competitions and math contests, alongside organized events like the Math Kangaroo and Bebras coding challenge, further enrich students' learning experiences and encourage healthy competition.
Prime Factor's commitment to inclusivity is evident through their provision of free and discounted classes for children facing economic challenges. This approach ensures that all students have access to advanced educational resources, thereby leveling the playing field.
In a global context, Prime Factor's support for Ukrainian war refugees demonstrates its dedication to making a broader social impact. By offering free coding classes and math instruction to displaced students in Kiev, the organization extends its mission to help children navigate their educational journeys, regardless of their circumstances.
Overall, Prime Factor cultivates a community that values extracurricular mathematics, inspiring creativity, and preparing children for successful careers in STEM fields. Through its multifaceted programs, Prime Factor is shaping the future of many young learners, nurturing their potential and igniting their curiosity in mathematics and science.
This information is meant to be a general summary of Prime Factor. 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.
- Program Service Revenue: $319,047
- Gross Receipts: $322,200
Assets and Liabilities:
- Total Assets: $104,560
- Total Liabilities: $0
- Net Assets: $104,560
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$319,047
Organization Details
Founding Year
2010
Phone
(425) 765-4084Principal Officer
Anna Burago
Main Address
6131 120th Pl NE, Kirkland, WA, 98033
Website
www.pfmathcircle.orgNTEE Category
Code: B90 - Education
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