Mathkind Global EIN 46-3381163 Form 990 (PDF) Claim this org

Mathkind Global FY2021 filing

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Builds quality math education programs through partnerships for greater social justice. For fiscal year 2021 it reported $416K in revenue, $371K in expenses, and $220K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Chapel Hill, NC
Website
mathkind.org
Filings
5 on file (2020–2021)
Revenue
$416KFY2021
Expenses
$371K
Net assets
$220K
People
16
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-3381163 Public charity (501(c)(3)) Chapel Hill, NC
Form 990 (PDF)
You’re viewing the FY2021 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 (1/1 - 10/31/2021) · $44K
Money in and out
$416K revenue, $371K expenses
Bottom line
63% program efficiency
Where the money goes · FY2021
Total revenue
$416K
Pt VIII · Ln 12
Total expenses
$371K
Pt IX · Ln 25
Net assets
$220K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $45K
Where spending went · Part IX cols B–D
Program services $0.63 Management & general $0.18 Fundraising $0.20
Program efficiency
63%
of spending reaches programs
Operating runway
7.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+11%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$416K
FY2021▲ +7%
Expenses
$371K
FY2021▲ +14%
Total assets
$234K
FY2021▲ +19%
Total liabilities
$14K
FY2021▼ -61%
Total revenue
$416K
Pt VIII · Ln 12
Total expenses
$371K
Pt IX · Ln 25
Net assets
$220K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$45K
Total assetsPt X · Ln 16$234K
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415

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 1a15
Independent voting membersPt VI · Ln 1b15
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 (1/1 - 10/31/2021)
$44,030Pt VII · Sec A
Executive Director (effective 11/1/21)
$19,167Pt 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

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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Mission & Programs · Part III

Where the work happens

3 program services account for $233K of program spending, described in the organization's own filed words · FY2021.
01

2. International Professional Development Throughout the pandemic we continued to provide educators with access to research based best practices in understanding and solving mathematical tasks. Through our support teachers were able to explore the ways in which they can empower themselves and their students as critical thinkers.

$184Kprogram expense
02

1. US Professional Development: In 2021 we ran a final virtual series of the "Math4Antiracism Live" initiative with five prominent educators who shared their views online and answered audience questions.

$37Kprogram expense
03

3. Community Outreach. In 2021 our community outreach continued to encompass both US and international teachers. Educators across the globe were able to connect with our resources, presentations, discussions and now Participate online courses. In 2021 we produced 3 Participate courses that included digital badges.

$12Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$387K · 93%
Investment income$18K · 4%
Program service revenue$11K · 3%
Contributions & grants93%$387K
Investment income4%$18K
Program service revenue3%$11K
Other revenue$365
— government grantsLn 1e$55K
Total revenueLn 12$416K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.18 Fundraising $0.20
Program services63%$233K
Management & general18%$65K
Fundraising20%$73K
Total functional expensesLn 25$371K

Balance Sheet

Part X · end of year
CashLn 1$226K
Total assetsLn 16$234K
Total liabilitiesLn 26$14K
Total net assetsLn 32$220K
Months of cash on handcomputed7.3

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $226K · Operating expenses/yr $371K
7.3 months
Where the money goes
Program services
Program services $233K · Total expenses $371K
63%
Management & General
Management & general $65K · Total expenses $371K
18%
Fundraising
Fundraising $73K · Total expenses $371K
20%
Cost to raise $1
Fundraising expense (2-yr avg) $54K · Solicited contributions (2-yr avg) $355K
$0.15 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $387K · Total revenue $416K
93%
Government reliance
Government grants $55K · Total revenue $416K
13%
Earned-income share
Program service revenue $11K · Total revenue $416K
3%
Investment reliance
Investment income $18K · Total revenue $416K
+4%
Program self-sufficiency
Program service revenue $11K · Total expenses $371K
3%
Growth & trend
Revenue growth (YoY)
This year $416K · Prior year $390K
+7%
Net-asset trend (YoY)
End of year $220K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $416K · Expenses $371K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $234K
Net-asset ratio
Net assets $220K · Total assets $234K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $234K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mary Alice Jones · Reported title Executive Director (1/1 - 10/31/2021) · Highest reported compensation $44K · Total expenses $371K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $179K · Total expenses $371K
48%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 63%
Overhead ratio 18%
Fundraising cost ratio 19%
Revenue growth 7%
Investment management fee ratio 0%
Legal fee ratio 0.4%
Accounting fee ratio 1%
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 · 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 · viewing · ⤓ 990 PDF
FY2020$390K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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