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Mathematics Foundation Of America

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

EIN: 571035414 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

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Overview

What is Mathematics Foundation Of America?

The Mathematics Foundation Of America, situated in Cambridge, Massachusetts, is a distinguished nonprofit organization. Their primary focus lies in organizing educational programs, with their flagship offering being Canada/USA Mathcamp. This five-week summer immersion is designed for academically gifted high school students from various global regions. Their broader mission encompasses fostering passion, knowledge, and a sense of community in mathematics, with a primary emphasis on pre-collegiate education. During the 2021-22 fiscal year, they successfully planned and conducted the thirty-first iteration of this program at Colby College in Waterville, Maine. With a dedicated team of 27 employees, Mathematics Foundation Of America continues to inspire and educate the future generation of mathematicians.


Official website here: www.mfoa.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star rating.

The Mathematics Foundation of America has achieved an overall score of 83%, reflecting a solid level of accountability and finance management, as well as strong community engagement. The organization scored particularly well in the Culture & Community category with a score of 89, demonstrating effective constituent feedback mechanisms and practices.

While the foundation shows strengths in many areas, there are limitations noted regarding its equity data and policies, receiving scores of 3 out of 7 in these categories. This suggests that while the organization is committed to equity strategies, there may be room for improvement in data transparency and policy development. Overall, the foundation demonstrates a reliable commitment to its mission and community impact.


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

Is Mathematics Foundation Of America legitimate?

Mathematics Foundation Of America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mathematics Foundation Of America 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: $121,803
Professional Fundraising Fees: $0
Other Salaries and Wages: $190,673

For more financial information, click here


Official website here: www.mfoa.org

What is the mission statement of Mathematics Foundation Of America?

The Mathematics Foundation of America, often referred to for its flagship program, Canada/USA Mathcamp, has a mission centered around education, inspiration, and fostering a community in mathematics, with a focus on high school students. Their primary activity is organizing a five-week summer immersion program for mathematically gifted high school students from various parts of the world. The broader aim of the foundation goes beyond the summer program, aiming to contribute to the field of mathematics and inspire young minds in the pre-collegiate stage.


Official website here: www.mfoa.org

Who is the CEO of Mathematics Foundation Of America?

Marisa Debowsky is the Executive Director of Mathematics Foundation Of America.


Official website here: www.mfoa.org

What is the revenue of Mathematics Foundation Of America?

Mathematics Foundation Of America's revenue in 2022 was $894,080.


Official website here: www.mfoa.org

Who are the executives of Mathematics Foundation Of America and what are their salaries?

The average compensation at Mathematics Foundation Of America during 2022 was $11,573. There are 27 employees and 43 volunteers at Mathematics Foundation Of America.


Here are 6 key members and their salaries:


Marisa Debowsky (Executive Director)
  • Compensation: $106,000
  • Related: $0
  • Other: $15,803
Mira Bernstein (Chair Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Savitt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Burnham (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Zaharopol (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvonne Lai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mfoa.org

Where can I find the form 990 for Mathematics Foundation Of America?

Mathematics Foundation Of America's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mfoa.org

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

Mission Statement of Mathematics Foundation Of America

The Mathematics Foundation of America, abbreviated as MFOA, is dedicated to fostering education, inspiration, and community-building in the field of mathematics, with a particular focus on pre-collegiate students. The organization's flagship program, Canada/USA Mathcamp, is a five-week summer immersion designed for mathematically gifted high school students from around the world. This program aims to provide these students with a unique and stimulating environment to further develop their mathematical skills and passions. The broader mission of MFOA extends beyond this annual event, striving to inspire and support the growth of future mathematicians. During the 2021-22 fiscal year, MFOA successfully organized and conducted Canada/USA Mathcamp 2022 at Colby College in Waterville, Maine, bringing together 123 talented students from various parts of the globe.

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Impact




July, 2024

Mathematics Foundation of America's impact can be seen through its flagship program, Canada/USA Mathcamp, which provides a unique and enriching educational experience for mathematically talented high school students. By bringing together 123 students from around the world for a five-week summer immersion program, MFOA is able to nurture the academic growth and development of these outstanding individuals. Through this program, MFOA is not only fostering a love for mathematics but also building a strong community of young scholars who can support and inspire each other. This initiative contributes to youth development by offering a platform for students to enhance their skills, pursue their passion for mathematics, and form valuable connections with like-minded peers. In doing so, Mathematics Foundation of America is making a significant impact on the lives of high school students and shaping the future of mathematics education.




This information is meant to be a general summary of Mathematics Foundation Of America. 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
$894,080 (2022)
Expenses
$878,922 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $986
  • Program Service Revenue: $426,575
  • Gross Receipts: $894,080

Assets and Liabilities:

  • Total Assets: $554,901
  • Total Liabilities: $7,195
  • Net Assets: $547,706

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Programs

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

Student tuition and registration fees

Revenue

$426,575

Organization Details

Founding Year

1995

Principal Officer

Marisa Debowsky

Main Address

129 Hancock Street, Cambridge, MA, 02139

NTEE Category

Code: O50 - Youth development

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