Prime Factor EIN 27-3292905

Prime Factor FY2020 filing

EIN  27-3292905 Public charity (501(c)(3)) Kirkland, WA Founded 2010
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Prime Factor claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Inspires students with advanced math and science beyond school, making complex ideas accessible and preparing them for future careers.
Leadership
Anna Burago · Executive Director Teacher · $40K
Money in and out
$319K revenue, $278K expenses
Bottom line
94% program efficiency

Inspires students with advanced math and science beyond school, making complex ideas accessible and preparing them for future careers. For fiscal year 2020 it reported $319K in revenue, $278K in expenses, and $89K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$319K
Pt VIII · Ln 12
Total expenses
$278K
Pt IX · Ln 25
Net assets
$89K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $41K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06
Program efficiency
94%
of spending reaches programs
Operating runway
3.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+13%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$319K
FY2020
Expenses
$278K
FY2020
Total assets
$89K
FY2020
Total liabilities
$0
FY2020
Total revenue
$319K
Pt VIII · Ln 12
Total expenses
$278K
Pt IX · Ln 25
Net assets
$89K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$41K
Total assetsPt X · Ln 16$89K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

3 program services account for $260K of program spending, described in the organization's own filed words · FY2019.
01

Our Mathematics and Computer Science program aims at drawing kids to mathematics and programming, introducing them to the wonders of beautiful mathematical theories, preparing them for mathematical contests, and encouraging them to undertake future careers linked with mathematics and science, whether as mathematicians, mathematics…

$255Kprogram expense
02

Logic Land Math Festival is an event for an entire family that brings together kids, parents, and math enthusiasts for a fun and interactive exploration of recreational mathematics. We invite all young students who like mathematics and share a passion for logic games, puzzles, unusual and tricky questions, and hands-on math activities to…

$3Kprogram expense
03

Prime Factor organizes and hosts several mathematical and STEM Tournaments and Contests. We do Math Kangaroo USA Contest, UW Math Hour Olympiad, Bebras Computational Thinking Contest, and others.

$2Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPrime Factor
EINHdr · item D27-3292905
Principal addressHdr · item CKirkland, WA
WebsiteHdr · item Jwww.pfmathcircle.org
Year of formationHdr · item L2010
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFMay 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Director Teacher
$39,585Pt VII · Sec A
Academic Director Teacher
$34,784Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Lioubov Malkina’s $40K as Lead Teacher is at the 31st percentile of top reported officer pay among 1616 $100K–1M 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 · 6 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Luba Malkina$46,339$40,868$34,784
Luba Malkina$44,321
Anna Burago$40,020$32,463$39,585
Lioubov Malkina$39,938$39,871
Anna Burago$24,030$33,930$33,840
Andrei Burago$15,620$17,430

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.

See Prime Factor executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Program service revenue$310K · 97%
Contributions & grants$9K · 3%
Program service revenue97%$310K
Contributions & grants3%$9K
Total revenueLn 12$319K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06
Program services94%$260K
Management & general6%$18K
Total functional expensesLn 25$278K

Balance Sheet

Part X · end of year
CashLn 1$79K
Total assetsLn 16$89K
Total liabilitiesLn 26$0
Total net assetsLn 32$89K
Months of cash on handcomputed3.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $79K · Operating expenses/yr $278K
3.4 months
Where the money goes
Program services
Program services $260K · Total expenses $278K
94%
Management & General
Management & general $18K · Total expenses $278K
6%
Fundraising
Fundraising $0 · Total expenses $278K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $9K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $9K · Total revenue $319K
3%
Government reliance
Government grants $0 · Total revenue $319K
0%
Earned-income share
Program service revenue $310K · Total revenue $319K
97%
Investment reliance
Investment income $0 · Total revenue $319K
0%
Program self-sufficiency
Program service revenue $310K · Total expenses $278K
112%
Growth & trend
Revenue growth (YoY)
This year $319K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $89K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $319K · Expenses $278K
+13%
Liabilities-to-Assets
Total liabilities — · Total assets $89K
Net-asset ratio
Net assets $89K · Total assets $89K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $89K
0%
People & payroll
Highest Reported Total Compensation
Individual Anna Burago · Reported title Executive Director Teacher · Highest reported compensation $40K · Total expenses $278K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $74K · Total expenses $278K
27%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$6K

Similar Organizations

Closest in mission — by what they do
See all organizations like Prime Factor →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$345K revenue · ⤓ 990 PDF
FY2023$312K revenue · ⤓ 990 PDF
FY2022$322K revenue · ⤓ 990 PDF
FY2021$270K revenue · ⤓ 990 PDF
FY2020$319K revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.