Mathkind Global EIN 46-3381163

Mathkind Global FY2020 filing

EIN  46-3381163 Public charity (501(c)(3)) Chapel Hill, NC
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Builds quality math education programs through partnerships for greater social justice.
Leadership
Mary Alice Jones · Executive Director · $65K
Money in and out
$390K revenue, $326K expenses
Bottom line
78% program efficiency

Builds quality math education programs through partnerships for greater social justice. For fiscal year 2020 it reported $390K in revenue, $326K in expenses, and $159K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$390K
Pt VIII · Ln 12
Total expenses
$326K
Pt IX · Ln 25
Net assets
$159K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $63K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.11 Fundraising $0.10
Program efficiency
78%
of spending reaches programs
Operating runway
6.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+16%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$390K
FY2020
Expenses
$326K
FY2020
Total assets
$196K
FY2020
Total liabilities
$37K
FY2020
Total revenue
$390K
Pt VIII · Ln 12
Total expenses
$326K
Pt IX · Ln 25
Net assets
$159K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$63K
Total assetsPt X · Ln 16$196K
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414
Mission & Programs · Part III

Where the work happens

3 program services account for $255K of program spending, described in the organization's own filed words · FY2020.
01

2. International Professional Development From January to March we provided in person support to 146 teachers through master classes, conferences and in-classroom coaching. In April we shifted to fully virtual support due to the pandemic and developed new virtual programs.

$192Kprogram expense
02

3. Community Outreach. Due to the pandemic in 2020 our community outreach grew to encompass both US and international teachers. Teachers across the globe were able to connect with our resources, presentations and discussions. In 2020 we produced 34 hours of live content that are accessible for free online.

$45Kprogram expense
03

US Professional Development In 2020 we were unable to continue with our existing programs in the US due to the pandemic and the resulting demand on teacher's time to develop virtual classrooms and lessons.

$19Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMathkind Global
EINHdr · item D46-3381163
Principal addressHdr · item CChapel Hill, NC
WebsiteHdr · item Jmathkind.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B19)
Ruling yearIRS BMFSep 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aNo
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
Executive Director
$65,000Pt VII · Sec A
Board Member, Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member,
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Kimberly Glenn’s $124K as Executive Director is at the 91st 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Kimberly Glenn$123,811$120,850$115,000$19,167
Mary Alice Jones$44,030$65,000

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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Statement of Revenue

Part VIII
Contributions & grants$378K · 97%
Program service revenue$11K · 3%
Contributions & grants97%$378K
Program service revenue3%$11K
Investment income$651
Total revenueLn 12$390K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.11 Fundraising $0.10
Program services78%$255K
Management & general11%$37K
Fundraising10%$34K
Total functional expensesLn 25$326K

Balance Sheet

Part X · end of year
CashLn 1$183K
Total assetsLn 16$196K
Total liabilitiesLn 26$37K
Total net assetsLn 32$159K
Months of cash on handcomputed6.7

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $183K · Operating expenses/yr $326K
6.7 months
Where the money goes
Program services
Program services $255K · Total expenses $326K
78%
Management & General
Management & general $37K · Total expenses $326K
11%
Fundraising
Fundraising $34K · Total expenses $326K
10%
Cost to raise $1
Fundraising expense $34K · Solicited contributions $378K
$0.09 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $378K · Total revenue $390K
97%
Government reliance
Government grants $0 · Total revenue $390K
0%
Earned-income share
Program service revenue $11K · Total revenue $390K
3%
Investment reliance
Investment income $651 · Total revenue $390K
0%
Program self-sufficiency
Program service revenue $11K · Total expenses $326K
3%
Growth & trend
Revenue growth (YoY)
This year $390K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $159K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $390K · Expenses $326K
+16%
Liabilities-to-Assets
Total liabilities — · Total assets $196K
Net-asset ratio
Net assets $159K · Total assets $196K
81%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $196K
0%
People & payroll
Highest Reported Total Compensation
Individual Mary Alice Jones · Reported title Executive Director · Highest reported compensation $65K · Total expenses $326K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $177K · Total expenses $326K
54%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 11%
Fundraising cost ratio 9%
Legal fee ratio 0%
Accounting fee ratio 1%

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 · FY2024
See all 4 funders →

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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 (Latest)$509K revenue · ⤓ 990 PDF
FY2023$490K revenue · ⤓ 990 PDF
FY2022$414K revenue · ⤓ 990 PDF
FY2021$416K revenue · ⤓ 990 PDF
FY2020$390K revenue · viewing · ⤓ 990 PDF

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Sources

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