The specific objectives and purposes of prime factor corporation are: - to foster the interest of students in math and science topics and ideas that lie beyond the boundaries of the school curriculum. - to design and develop new approaches to present advanced mathematical and scientific concepts in ways that are interesting and accessible to school-age children - to provide classes in advanced math, extracurricular math, creative thinking, and in other scientific topics for children whose needs may not be served at other educational places in the community. - cultivate a community of students and parents who advance the value of extracurricular mathematics as a tool to develop students creativity and interest in learning. - to help children prepare for careers in mathematics, science, or other highly qualified fields. - to help children become creative professionals capable of achieving the top levels in their respective fields of work and ready to apply their knowledge to serve the co

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$91K 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

FY2024 · 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
4 of 6
filings with a surplus
Average surplus $9K a year · 3% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$91K
to officers and key staff · 25% of spending
Worth a look: pay to officers and key staff is 25% of spending; over 20%.
Pt VII · Sec A
3 mo
of spending, in cash
Looks good: 3.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$43
0.04% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 7 voting members
Looks good: 5 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$345K
+11% vs prior year
Spent
$364K
To programs
87%
Net assets
$107K
By yearFY2020–FY2025
Revenue
$345K
FY2024▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$319K
FY2021$270K
FY2022$322K
FY2023$312K
FY2024$345K
FY2025$326K
Expenses
$364K
FY2024▲ +16%
Tap a bar for its year
Expenses by fiscal year
FY2020$278K
FY2021$270K
FY2022$304K
FY2023$313K
FY2024$364K
FY2025$310K
Net assets
$107K
FY2024▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$89K
FY2021$90K
FY2022$105K
FY2023$104K
FY2024$107K
FY2025$124K

From the FY2024 Form 990 (year ending July 2024) · see the original

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You’re viewing the FY2024 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 May 2019.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $317K Management & general 13% · $46K

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

7 people listed on the 990; $91K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Lead Teacher
$39,871Pt VII · Sec A
Lead Teacher
$33,930Pt VII · Sec A
$17,430Pt 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 1613 $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 · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Luba Malkina——$44,321$46,339$40,868$34,784
Anna Burago$24,030$33,930$33,840$40,020$32,463$39,585
Lioubov Malkina$39,938$39,871————
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.

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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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Inspires students with advanced math and science beyond school, making complex ideas accessible and preparing them for future careers.

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Provided by the organization

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1 program · $317K · in their own filed words · FY2023
01

During the 2023-24 school year, prime factor achieved several milestones as a nonprofit organization. We served over 320 students by providing year-long stem classes in mathematics and computer science.

$317Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$6K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$345K
Ln 12
Fees for servicesLn 2g$338K
Gifts and grantsLn 1h$6K
Investment incomeLn 3$1K
Money outPt IX
$364K
Ln 25
Programscol B$317K
Managementcol C$46K
Owns and owesPt X
$107K
net assets · Ln 32
Cash and savingsLn 1–2$103K
Total assetsLn 16$107K
LiabilitiesLn 26$43
PeoplePt VI, VII
7
listed · VII A
PaidVII A3
Voting boardVI 1a7
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6K
Fees for servicesLn 2g$338K
Investment incomeLn 3$1K
Total revenueLn 12$345K
Assets in detailPt X, end of year
CashLn 1$52K
SavingsLn 2$51K
Cash and savings togetherLn 1–2$103K
Land, buildings, equipmentLn 10c$3K
Total assetsLn 16$107K
LiabilitiesLn 26$43
Net assetsLn 32$107K
OperationsPt I, VI
EmployeesI 55
VolunteersI 615
Fiscal year endsHeaderJuly
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 FY24End FY24
Cash and savingsLn 1–2$99K$103K
Land, buildings, equipmentLn 10c$5K$3K
Total assetsLn 16$104K$107K
LiabilitiesLn 26$0$43
Net assetsLn 32$104K$107K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$74K$57K$17K$0
Other salaries and wagesLn 7$63K$56K$8K$0
Payroll taxesLn 10$13K$11K$2K$0
Other fees for servicesLn 11g$112K$109K$3K$0
Advertising and promotionLn 12$3K$3K$174$0
Office expensesLn 13$8K$8K$654$0
Information technologyLn 14$2K$2K$138$0
OccupancyLn 16$73K$62K$11K$0
Depreciation, depletion and amortizationLn 22$1K$1K$254$0
InsuranceLn 23$440$396$44$0
Other expenses (24a–d)Ln 24$10K$9K$999$0
All other expensesLn 24e$3K$0$3K$0
Total functional expensesLn 25$364K$317K$46K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $326K$310K$17K$124K 990 PDF
FY2024 Viewing $345K$364K−$19K$107K 990 PDF
FY2023 $312K$313K−$788$104K 990 PDF
FY2022 $322K$304K$18K$105K 990 PDF
FY2021 $270K$270K$337$90K 990 PDF
FY2020 $319K$278K$41K$89K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $344,699 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,272$5,697
I-9 Program service revenuePrior year $307,456$337,947
I-10 Investment income$1,055
I-11 Other revenue$0
I-12 Total revenuePrior year $311,728$344,699
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $138,388$150,150
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $174,128$213,434
I-18 Total expensesPrior year $312,516$363,584
I-19 Revenue less expensesPrior year −$788−$18,885
Part VI · Governance 5 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $344,699 across 5 lines filed
VIII-1f All other contributions, gifts and grants$5,697
VIII-1h Total contributions, gifts and grants$5,697
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$337,947
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$1,055
VIII-12 Total revenueRelated to mission $339,002 · Unrelated business $0 · Excluded from tax $0$344,699
Part IX · Statement of functional expenses $363,584 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $56,827 · Management $16,974 · Fundraising $0$73,801
IX-7 Other salaries and wagesPrograms $55,841 · Management $7,615 · Fundraising $0$63,456
IX-10 Payroll taxesPrograms $10,583 · Management $2,310 · Fundraising $0$12,893
IX-11g Other fees for servicesPrograms $108,901 · Management $2,685 · Fundraising $0$111,586
IX-12 Advertising and promotionPrograms $3,309 · Management $174 · Fundraising $0$3,483
IX-13 Office expensesPrograms $7,517 · Management $654 · Fundraising $0$8,171
IX-14 Information technologyPrograms $1,582 · Management $138 · Fundraising $0$1,720
IX-16 OccupancyPrograms $62,319 · Management $10,997 · Fundraising $0$73,316
IX-22 Depreciation, depletion and amortizationPrograms $1,018 · Management $254 · Fundraising $0$1,272
IX-23 InsurancePrograms $396 · Management $44 · Fundraising $0$440
IX-24 Other expenses (24a–d)Programs $8,987 · Management $999 · Fundraising $0$9,986
IX-24e All other expensesPrograms $0 · Management $3,460 · Fundraising $0$3,460
IX-25 Total functional expensesPrograms $317,280 · Management $46,304 · Fundraising $0$363,584
Part X · Balance sheet $107,347 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $99,140$52,395
X-2 Savings and temporary cash investmentsStart of year $25$51,080
X-4 Accounts receivable$447
X-10c Land, buildings and equipment, netStart of year $4,697$3,425
X-16 Total assetsStart of year $103,862$107,347
X-17 Accounts payable and accrued expenses$43
X-26 Total liabilitiesStart of year $0$43
X-27 Net assets without donor restrictionsStart of year $103,862$107,304
X-32 Total net assets or fund balancesStart of year $103,862$107,304
X-33 Total liabilities and net assetsStart of year $103,862$107,347
Part XI · Reconciliation of net assets $107,304 net assets at year end
XI-1 Total revenue$344,699
XI-2 Total expenses$363,584
XI-3 Revenue less expenses−$18,885
XI-4 Net assets at start of year$103,862
XI-8 Prior period adjustments$22,327
XI-10 Net assets at end of year$107,304

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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