Mathematics Foundation of America
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Provides a 5-week academic summer program for outstanding high school students globally. For fiscal year 2024 it reported $1.3M in revenue, $1.5M in expenses, and $379K in net assets.Pt I
Summary of the Filing
Where the work happens
Mfoas flagship program is CANADA/USA mathcamp, a five-week summer program for talented pre-collegiate students. During fy 23-24, we held our 32ND year of mathcamp at the university of puget sound in tacoma, washington, with 120 students and 30 staff coming together to explore mathematical ideas and build community.
Mfoa continues to provide programming and support for mathcamp alumni long after the summer ends: from recommendation letters to reunions, we stay engaged with our students throughout their career trajectories.
Mfoas second program, the summer mathematics programs consortium, brings together the leadership of intensive summer math programs in a community to further their work through collaboration. The consortium aims to promote and increase math enrichment opportunities nationwide for grades 6-12 students.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Marisa Debowsky’s $114K as Executive Director is at the 39th percentile of top reported officer pay among 1547 $1–10M youth development 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
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Marisa Debowsky | $113,994 | $111,833 | — | — | — |
| Marisa Debowsky | — | — | $106,000 | $105,000 | $95,000 |
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
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 87% | — | — |
| Overhead ratio | 12% | — | — |
| Fundraising cost ratio | 2% | — | — |
| Revenue growth | 0% | — | — |
| Accounting fee ratio | 5% | — | — |
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.
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Filings & Schedule Manifest
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Sources
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