Overview
What is Mu Alpha Theta Educational Foundation Inc?
Mu Alpha Theta Educational Foundation Inc is a nonprofit organization that supports its members, sponsors, and chapters by providing scholarships, awards, and grants. Each summer, they host a National Convention, where around 700 students participate in mathematics topic tests, team competitions, and other math-related activities. This event serves as a platform for math enthusiasts to interact with like-minded peers, sharpen their skills, and engage with experts in the field. The foundation's mission is to foster a love for mathematics, and many participants continue to pursue math studies in college due to this experience. The Foundation's address is C/O UNIV OF OKLA 3200 MARSHALL AVE, NORMAN, OK, 73019.
Official website here: www.mualphatheta.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
Mu Alpha Theta Educational Foundation Inc has received an 81% rating, reflecting a strong commitment to accountability and finance. This score is derived entirely from its Accountability & Finance metrics, indicating that the organization has a robust framework in place for financial management and transparency.
The foundation boasts a fully independent board, with all 11 members contributing to its governance, which enhances its operational integrity. The organization has shown no diversion of assets, maintaining a strong liability to assets ratio of 0.15%. Additionally, it has comprehensive policies in place regarding conflict of interest, whistleblower protections, and document retention.
While the financial health of Mu Alpha Theta Educational Foundation is commendable, potential donors may want to look for additional information regarding the impact of its programs, as the rating focuses solely on accountability and finance metrics. Overall, the foundation presents a trustworthy option for those interested in supporting educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Mu Alpha Theta Educational Foundation Inc legitimate?
Mu Alpha Theta Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mu Alpha Theta Educational Foundation 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: $8,483
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mualphatheta.org
What is the mission statement of Mu Alpha Theta Educational Foundation Inc?
The Mu Alpha Theta Educational Foundation Inc supports its members, sponsors, and chapters by providing scholarships, awards, and grants. Each summer, they host a national convention where members participate in intense math competitions, enhance their public speaking and teaching skills through math "chalk talks," attend math speaker sessions, network with other members and mathematicians, and take a field trip to a local attraction. The organization's primary goal is to support and empower its members, fostering their growth in mathematics and beyond.
Official website here: www.mualphatheta.org
Who is the CEO of Mu Alpha Theta Educational Foundation Inc?
Dana Wade is the Executive Di of Mu Alpha Theta Educational Foundation Inc.
Official website here: www.mualphatheta.org
What is the revenue of Mu Alpha Theta Educational Foundation Inc?
Mu Alpha Theta Educational Foundation Inc's revenue in 2022 was $523,031.
Official website here: www.mualphatheta.org
Who are the executives of Mu Alpha Theta Educational Foundation Inc and what are their salaries?
There 15 volunteers at Mu Alpha Theta Educational Foundation Inc.
Here are 15 key members and their salaries:
- Compensation: $8,483
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Official website here: www.mualphatheta.org
Where can I find the form 990 for Mu Alpha Theta Educational Foundation Inc?
Mu Alpha Theta Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mualphatheta.org
Learn more at the official website: www.mualphatheta.org
Mission Statement of Mu Alpha Theta Educational Foundation Inc
Mu Alpha Theta Educational Foundation Inc is dedicated to supporting its members, sponsors, and chapters by offering scholarships, awards, and grants. One of their primary initiatives is hosting a national convention annually, where members engage in a four-day event filled with competitions. During this time, participants strive to achieve the highest scores on math tests while honing their public speaking and teaching skills through math presentations known as "chalk talks." Additionally, they attend math speaker sessions, network with fellow members and mathematicians, and take a field trip to a local attraction. The foundation's mission is not only about academic excellence but also fostering a community of like-minded individuals who can share their passion for mathematics and collaborate with each other.
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Impact
July, 2024
Mu Alpha Theta Educational Foundation Inc creates a significant impact by supporting its members, sponsors, and chapters through scholarships, awards, and grants. Additionally, the foundation organizes an annual national convention where around 700 Mu Alpha Theta members, sponsors, and chaperones gather to engage in mathematics competitions, public speaking exercises, and educational sessions. This convention provides a platform for students passionate about math to hone their skills, interact with peers who share similar interests, and be inspired to pursue further studies in mathematics. Through its activities, Mu Alpha Theta Educational Foundation Inc plays a crucial role in fostering a love for mathematics among students and supporting their academic and personal growth.
This information is meant to be a general summary of Mu Alpha Theta Educational Foundation 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 2022.
- Investment Income: $1,221
- Program Service Revenue: $237,500
- Gross Receipts: $523,031
Assets and Liabilities:
- Total Assets: $309,574
- Total Liabilities: $485
- Net Assets: $309,089
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL CONVENTION
Revenue
$237,500
Organization Details
Founding Year
1996
Phone
(405) 325-0144Principal Officer
Dana Wade
Main Address
C/O UNIV OF OKLA 3200 MARSHALL AVE, NORMAN, OK, 73019
Website
www.mualphatheta.orgNTEE Category
Code: B83 - Education
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