Math Kangaroo in USA Nfp FY2023 filing

Tax-deductible

Granger, IN501(c)(3)Since 2003EducationEIN 20-0076861Revenue $1.4M in FY2023

On file with the IRSmathkangaroo.org50820 Summit Hill CT, 46530-9720 · Granger, INTax-exempt since Mar 2004Publicly supported charity — 170(b)(1)(A)(vi)

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Organizing an annual International Mathematical Competition, Math Kangaroo invites students of any national or ethnic origin to participate. This competition encourages students to master their mathematical knowledge while developing confidence in their ability for comprehending mathematics. It helps them understand how mathematics applies in every field of nature's laws, life, science and human activity. This encourages an individual to develop an ability to derive joy and satisfaction through intellect while displaying that mathematics education is significant throughout the world. Math Kangaroo furnishes participants with test booklets, gifts and awards for the all winners. The mission includes motivating students from Grade's 1 through 12 in mastering their mathematical knowledge while showing how mathematics applies in every field of life and science.Additionally organization offers supporting programs helping participants expand their mathematical knowledge.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$176K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $349K a year · 26% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$176K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
18 mo
of spending, in cash
Looks good: 17.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $8K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4K
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.4M
+16% vs prior year
Spent
$1.0M
To programs
89%
Net assets
$1.5M
By yearFY2020–FY2025
Revenue
$1.4M
FY2023▲ +16%
Tap a bar for its year
Revenue by fiscal year
FY2020$872K
FY2021$938K
FY2022$1.2M
FY2023$1.4M
FY2024$1.7M
FY2025$1.8M
Expenses
$1.0M
FY2023▲ +13%
Tap a bar for its year
Expenses by fiscal year
FY2020$990K
FY2021$738K
FY2022$891K
FY2023$1.0M
FY2024$1.1M
FY2025$1.2M
Net assets
$1.5M
FY2023▲ +42%
Tap a bar for its year
Net assets by fiscal year
FY2020$492K
FY2021$692K
FY2022$1.0M
FY2023$1.5M
FY2024$2.1M
FY2025$2.9M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $888K Management & general 10% · $98K Fundraising 2% · $15K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990; $176K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$73,339Pt VII · Sec A
$72,339Pt VII · Sec A
$30,420Pt VII · Sec A

Izabela Szpiech’s $105K as CFO is at the 35th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Izabela Szpiech$105,200$94,650$72,339$63,259$57,858$50,113
Joanna Matthiesen$105,200$95,650$73,339$63,259$52,656$43,027
Maria Omelanczuk———$26,699$49,101$52,280
Katarzyna Nalaskowska$38,881$34,830—$29,783$17,554—
Katarzyna Nalskowska——$30,420———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Organizes an international math competition and offers classes to inspire students' math mastery.

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Provided by the organization

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2 programs · $888K · in their own filed words · FY2022
01

Providing an opportunity for students from grade 1-12 to take part in Mathematical Olympiad and awarding each participant with a T-shirt an Educational Toy and a pen. The Winners receive a valuable prizes such math. gadgets medals free participation in the online and in person math camps including international camp in Poland.

$600Kprogram expense
02

Training classes webinars math camp and private MK tutoring. Sale of books of MK questions and solutions. pdf and videos of MK questions and solutions curricula for teacher who prepare students for the Math Kangaroo competition. Sale of MK gadgets and games.

$288Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$8K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Fees for servicesLn 2g$1.4M
Gifts and grantsLn 1h$48K
Investment incomeLn 3$511
Money outPt IX
$1.0M
Ln 25
Programscol B$888K
Managementcol C$98K
Fundraisingcol D$15K
Owns and owesPt X
$1.5M
net assets · Ln 32
Cash and savingsLn 1–2$1.5M
Total assetsLn 16$1.5M
LiabilitiesLn 26$4K
PeoplePt VI, VII
3
listed · VII A
PaidVII A3
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$48K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$1.4M
Investment incomeLn 3$511
Gains on assetsLn 7$0
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$1.5M
SavingsLn 2$0
Cash and savings togetherLn 1–2$1.5M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$1.5M
LiabilitiesLn 26$4K
Net assetsLn 32$1.5M
OperationsPt I, VI
EmployeesI 57
VolunteersI 63
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$1.0M$1.5M
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$1.0M$1.5M
LiabilitiesLn 26$6K$4K
Net assetsLn 32$1.0M$1.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$1K$1K
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$223K$143K$76K$4K
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$35K$23K$2K$11K
Pension plan contributionsLn 8$63K$42K$20K$963
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$18K$18K$0$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$0$0$0$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$139K$139K$0$0
Advertising and promotionLn 12$12K$12K$0$0
Office expensesLn 13$7K$7K$0$0
Information technologyLn 14$0$0$0$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$0$0$0$0
TravelLn 17$0$0$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$6K$6K$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$4K$4K$0$0
Other expenses (24a–d)Ln 24$493K$493K$0$0
All other expensesLn 24e$2K$0$0$0
Total functional expensesLn 25$1.0M$888K$98K$15K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.8M$1.2M$591K$2.9M 990 PDF
FY2024 $1.7M$1.1M$637K$2.1M 990 PDF
FY2023 Viewing $1.4M$1.0M$433K$1.5M 990 PDF
FY2022 $1.2M$891K$348K$1.0M 990 PDF
FY2021 $938K$738K$200K$692K 990 PDF
FY2020 $872K$990K−$118K$492K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $1,436,141 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $96,882$47,720
I-9 Program service revenuePrior year $1,142,804$1,387,910
I-10 Investment incomePrior year $0$511
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,239,686$1,436,141
I-13 Grants and similar amounts paidPrior year $0$1,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $254,210$338,752
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $636,981$663,373
I-18 Total expensesPrior year $891,191$1,003,125
I-19 Revenue less expensesPrior year $348,495$433,016
Part VI · Governance 3 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $1,436,141 across 16 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$47,720
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$47,720
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $0 · Unrelated business $0 · Excluded from tax $0$1,387,910
VIII-3 Investment incomeRelated to mission $511 · Unrelated business $0 · Excluded from tax $0$511
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $511 · Unrelated business $0 · Excluded from tax $0$1,436,141
Part IX · Statement of functional expenses $1,003,125 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $1,000$1,000
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $142,958 · Management $75,980 · Fundraising $3,651$222,589
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $22,661 · Management $2,208 · Fundraising $10,588$35,457
IX-8 Pension plan contributionsPrograms $41,724 · Management $20,263 · Fundraising $963$62,950
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $17,756 · Management $0 · Fundraising $0$17,756
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $138,904 · Management $0 · Fundraising $0$138,904
IX-12 Advertising and promotionPrograms $12,478 · Management $0 · Fundraising $0$12,478
IX-13 Office expensesPrograms $6,712 · Management $0 · Fundraising $0$6,712
IX-14 Information technologyPrograms $0 · Management $0 · Fundraising $0$0
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$0
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$0
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $6,111 · Management $0 · Fundraising $0$6,111
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $4,084 · Management $0 · Fundraising $0$4,084
IX-24 Other expenses (24a–d)Programs $493,431 · Management $0 · Fundraising $0$493,431
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$1,653
IX-25 Total functional expensesPrograms $887,819 · Management $98,451 · Fundraising $15,202$1,003,125
Part X · Balance sheet $1,475,172 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $1,043,781$1,475,172
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $1,043,781$1,475,172
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $6,056$4,431
X-26 Total liabilitiesStart of year $6,056$4,431
X-27 Net assets without donor restrictionsStart of year $1,037,725$1,470,741
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $1,037,725$1,470,741
X-33 Total liabilities and net assetsStart of year $1,043,781$1,475,172
Part XI · Reconciliation of net assets $1,470,741 net assets at year end
XI-1 Total revenue$1,436,141
XI-2 Total expenses$1,003,125
XI-3 Revenue less expenses$433,016
XI-4 Net assets at start of year$1,037,725
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,470,741

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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