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United Math Circles Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 463636266 ✦ El cerrito, CA ✦ Designated as a 501(c)(3)

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Overview

What is United Math Circles Foundation?

The United Math Circles Foundation, based in El Cerrito, California, is a dedicated nonprofit organization with a mission to enhance mathematical education and foster mathematical skills among students from grades 1 to 12. They run various math circles, including Berkeley Math Circle-Upper, Berkeley Math Circle-Elementary, and San Jose Math Circle, among others, to inspire a love for mathematics. The foundation supports these circles by providing an interactive learning environment and stimulating students to pursue careers in mathematics, education, economics, or entrepreneurship. With around 40 employees, their after-school program, titled BMC Upper, enrolls 1,052 students from 5th to 12th grade, aiming to develop future math scientists and educators.


Official website here: www.unitedmathcirclesfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)

The United Math Circles Foundation has received a 77% rating from Charity Navigator, indicating a solid performance in accountability and finance. This score reflects the organization's strong commitment to maintaining an independent board, with 75% of board members being independent, and a well-documented approach to governance, including a conflict of interest policy and whistleblower protections.

The foundation's financial health is also noteworthy, with a program expense ratio of 73.62%, suggesting that a significant portion of its resources is allocated directly to its programs. Additionally, the organization has no liabilities, which positions it as financially stable. However, the overall score is solely based on the accountability and finance score, with no rating for other areas such as transparency or impact.

Despite its strengths, potential donors and supporters may seek more comprehensive insights into the organization's programmatic effectiveness or community impact, which are not reflected in this rating. Overall, the United Math Circles Foundation demonstrates a strong governance framework and prudent financial management.


This AI summary has been generated from information found on Charity Navigator.

Is United Math Circles Foundation legitimate?

United Math Circles Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Math Circles Foundation 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: $220,915
Professional Fundraising Fees: $0
Other Salaries and Wages: $320,166

For more financial information, click here


Official website here: www.unitedmathcirclesfoundation.org

What is the mission statement of United Math Circles Foundation?

The United Math Circles Foundation's mission is centered around enhancing mathematical education and advancing mathematical skills among students in grades 1 to 12. This is achieved through the organization's support of mathematical circles and similar programs, such as Berkeley Math Circle-Upper and Berkeley Math Circle-Elementary, among others. The aim is to emulate renowned Eastern European models, spark interest in mathematics, prepare students for competitions, and introduce them to the fascinating world of mathematical theories. The foundation encourages future careers in mathematics-related fields, including mathematics, education, economics, and entrepreneurship. Its programs provide an interactive and stimulating environment, fostering further involvement from students.


Official website here: www.unitedmathcirclesfoundation.org

Who is the CEO of United Math Circles Foundation?

Zvezdelina Stankova is the Ceo of United Math Circles Foundation. The CEO's salary of United Math Circles Foundation is $125,613 and their total compensation is $125,613.


Official website here: www.unitedmathcirclesfoundation.org

What is the revenue of United Math Circles Foundation?

United Math Circles Foundation's revenue in 2023 was $819,278.


Official website here: www.unitedmathcirclesfoundation.org

Who are the executives of United Math Circles Foundation and what are their salaries?

The average compensation at United Math Circles Foundation during 2023 was $13,527. There are 40 employees and 64 volunteers at United Math Circles Foundation.


Here are 13 key members and their salaries (United Math Circles Foundation's CEO's salary is $125,613 and their total compensation is $125,613):


Zvezdelina Stankova (Ceo)
  • Compensation: $125,613
  • Related: $0
  • Other: $0
Laura Givental (Coo)
  • Compensation: $75,650
  • Related: $0
  • Other: $0
Peter Koroteev (Cfo)
  • Compensation: $18,713
  • Related: $0
  • Other: $0
Quan Lam (President)
  • Compensation: $940
  • Related: $0
  • Other: $0
Anna Ratner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Overton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivan Matic (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Nemirovskaya (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Zeitz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Slobodan Simic (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dmitri Mironov (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Kubelka (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tatiana Shubin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.unitedmathcirclesfoundation.org

Where can I find the form 990 for United Math Circles Foundation?

United Math Circles Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.unitedmathcirclesfoundation.org

Learn more at the official website: www.unitedmathcirclesfoundation.org

Mission Statement of United Math Circles Foundation

The United Math Circles Foundation, in its mission, aims to enhance mathematical education and foster the development of mathematical skills among students in grades 1 to 12. It accomplishes this by supporting mathematical circles and similar programs, such as the Berkeley Math Circle-Upper and Berkeley Math Circle-Elementary, as well as San Jose Math Circle and other related programs. The foundation emulates the renowned Eastern European models of mathematical education, attracting children to mathematics, preparing them for mathematical competitions, and introducing them to the captivating world of mathematical theories. By providing an interactive and stimulating environment, the United Math Circles Foundation encourages further involvement from students and inspires them to pursue future careers in mathematics, mathematics education, economics, or business entrepreneurship.

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Impact




July, 2024

United Math Circles Foundation's impact can be seen in the enrichment of mathematical education and the advancement of mathematical knowledge and skills among students in grades 1 to 12. Through programs such as BMC Upper, which has over 1,000 enrolled students studying to become math scientists, educators, and more, the foundation is helping to prepare the next generation for successful futures in mathematics-related fields. By emulating famous Eastern European mathematical circle models, introducing students to mathematical contests, theories, and career opportunities, UMCF is fostering a love for mathematics and encouraging students to pursue careers in mathematics, education, economics, and entrepreneurship. Through its educational activities, UMCF is effectively drawing kids to mathematics and providing a stimulating environment for further involvement and growth in the field.




This information is meant to be a general summary of United Math Circles Foundation. 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.

Revenue
$819,278 (2023)
Expenses
$752,989 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $750,336
  • Gross Receipts: $819,278

Assets and Liabilities:

  • Total Assets: $712,839
  • Total Liabilities: $0
  • Net Assets: $712,839

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

After-School Math Program

Revenue

$750,336

Organization Details

Founding Year

2013

Principal Officer

Zvezdelina Stankova

Main Address

5426 Hillside Ave, El Cerrito, CA, 94530

NTEE Category

Code: B99 - Education

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