Overview
What is Project Megsss Inc?
Project Megsss Inc, based in Saint Louis, Missouri, is a nonprofit organization with a focus on nurturing exceptional mathematical talents in middle school students. Offering a rigorous after-school program named Elements, qualified students participate in preliminary summer courses and subsequently engage in a three-year series of advanced math courses from 6th to 8th grade. During the 2021-22 academic year, Project Megsss Inc provided virtual classes in the St. Louis metropolitan area, serving 60 students. The organization aims to inspire and develop these gifted students, fostering their mathematical abilities and potential. With a team of nine dedicated individuals, Project Megsss Inc continues its mission to unearth and cultivate mathematical talent among middle school students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star Rating
Project Megsss Inc has earned an overall score of 87%, reflecting strong performance in accountability and finance. This rating is significant as it highlights the charity's commitment to transparency and effective management of its resources. With a focus solely on accountability, the organization showcases a solid governance structure and financial health, which is critical for maintaining donor trust.
The charity benefits from a fully independent board, with all 10 members meeting the criteria. Additionally, it has demonstrated excellent policies regarding conflict of interest and document retention, further emphasizing its commitment to ethical practices. The program expense ratio of 82.92% indicates that a large portion of its funds goes directly to its programs, which is a positive sign for potential donors.
However, while the organization shows strengths in many areas, the score is solely based on its accountability and finance metrics. This may limit the overall understanding of its programmatic impact and effectiveness. Prospective supporters may want to seek additional information regarding its programs and outcomes to gain a comprehensive view of the charity's work.
This AI summary has been generated from information found on Charity Navigator.
Is Project Megsss Inc legitimate?
Project Megsss Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Megsss Inc 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: $34,551
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,635
For more financial information, click here
What is the mission statement of Project Megsss Inc?
Project Megsss Inc's mission is centered around identifying, inspiring, and nurturing the exceptional mathematical talents in middle school students. Through their activities, they aim to provide qualified students with a rigorous math learning experience, starting from a summer program and extending to a series of after-school courses over three years. The organization's mission is to support students in 6th to 8th grade, fostering their mathematical abilities and helping them reach their full potential. In the 2021-22 academic year, Project Megsss Inc offered its classes virtually in the St. Louis metro area, serving 60 students.
Who is the CEO of Project Megsss Inc?
Harvey Chiles is the President & Treasurer of Project Megsss Inc.
What is the revenue of Project Megsss Inc?
Project Megsss Inc's revenue in 2023 was $49,095.
Who are the executives of Project Megsss Inc and what are their salaries?
The average compensation at Project Megsss Inc during 2023 was $9,243. There are 9 employees and 11 volunteers at Project Megsss Inc.
Here are 11 key members and their salaries:
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- Compensation: $16,849
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- Other: $0
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- Other: $0
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- Compensation: $22,727
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- Other: $0
- Compensation: $16,667
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Project Megsss Inc?
Project Megsss Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Project Megsss Inc
Project Megsss Inc, a nonprofit organization, is committed to unearthing, igniting, and nurturing the exceptional mathematical abilities in middle school students. Its mission is centered around identifying, inspiring, and cultivating the mathematical talents of these students, providing them with a nurturing environment to grow and excel. The organization offers an after-school program called Elements, a rigorous and comprehensive mathematics learning experience. This program consists of a preliminary summer program, followed by a three-year series of after-school classes for students in 6th to 8th grade. In the 2021-22 academic year, Project Megsss Inc extended its reach virtually, serving 60 students in the St. Louis metro area.
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Impact
August, 2024
Project Megsss Inc's impact is significant in the field of education. The organization is dedicated to discovering, inspiring, and developing the talents of middle school students with extraordinary gifts in mathematics. Through their after-school programs, such as the Elements program, qualified students are provided with a rigorous and comprehensive math learning experience.
In the 2021-22 academic year, Project Megsss Inc offered virtual classes in the St. Louis metro area, serving a total of 60 students. By providing these opportunities for middle school students to deepen their mathematical skills, Project Megsss Inc is helping to nurture the next generation of mathematically gifted individuals.
Overall, the organization's mission to uncover and support the unique talents of young mathematicians is contributing to the advancement of education and the development of future leaders in mathematics and related fields.
This information is meant to be a general summary of Project Megsss Inc. 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 2023.
- Investment Income: $61
- Program Service Revenue: $39,360
- Gross Receipts: $49,095
Assets and Liabilities:
- Total Assets: $90,732
- Total Liabilities: $682
- Net Assets: $90,050
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition Revenue
Revenue
$39,360
Organization Details
Founding Year
1980
Phone
(314) 842-5968Principal Officer
Harvey Chiles
Main Address
11939 Manchester Rd, Saint Louis, MO, 63131
NTEE Category
Code: B27Z - Education
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