BOSTON ALGEBRA IN MIDDLE SCHOOLS PROJECT INC DBA MATHPOWER Charity Report

Tax-exempt status may be revoked

BOSTON ALGEBRA IN MIDDLE SCHOOLS PROJECT INC DBA MATHPOWER

EIN 22-3376427

What they do

MATHPOWERS MISSION is to TRANSFORM THE LIVES of URBAN YOUTH BY DEVELOPING PROFICIENCY IN ADVANCED MATHEMATICS and PERSONAL RESILIENCY.

Before you give

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2015The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders6 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

70.92%of revenue went to mission work74.7% of expenses · Program services

8.98%of revenue went to fundraising9.5% of expenses

$94.89spent for every $100 of revenueRevenue covered expenses this year.

14.99%of revenue went to management and office costs15.8% of expenses

$0.40in assets for every $1 spent this yearSome assets cannot be spent right away.

90.9%of its money came from giftsOther money may come from services or investments.

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Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $55,840 for THOMAS COLLIGAN (INTERIM EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2015

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$648,711

Mission workProgram services$460,06070.92% of revenue74.7% of expenses

ManagementOffice and general costs$97,23114.99% of revenue15.8% of expenses

FundraisingAsking for donations$58,2748.98% of revenue9.5% of expenses

Revenue left after expensesReported annual surplus$33,1465.11% of revenueShown in gray on the chart

Total expenses$615,56594.89% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Money in and money out

Revenue$648,711

Expenses$615,565

Annual surplus $33,146 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$460,060 · 74.7% of expenses

Management and office costs$97,231 · 15.8% of expenses

Fundraising$58,274 · 9.5% of expenses

See all reported dollar amounts

Revenue$648,711

Expenses$615,565

Assets$243,962

Contributions$589,641

Mission work (program services)$460,060

Fundraising$58,274

Management and general$97,231

Accounting fees$22,547

People

Leadership and board

Tax year 2015

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

THOMAS COLLIGANINTERIM EXECUTIVE DIRECTOR · 40 hrs/week $55,840

KEVIN NELSONDIRECTOR OF FINANCE AND OP · 40 hrs/week $50,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (6)

THOMAS COLLIGANINTERIM EXECUTIVE DIRECTOR

KEVIN NELSONDIRECTOR OF FINANCE AND OP

KAREN WORTHBOARD MEMBER

ROBERT GITTENSPRESIDENT

STACY DELLORFANOSECRETARY

STELLA BIIRA-KIRUMIRATREASURER

About this charity

Location: 13 LAKE HALL 360 HUNTINGTON AVENUE, BOSTON, MA 02115
County: Suffolk
In care of: MICHAEL R ACCARDI
Primary officer: MICHAEL R ACCARDI, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(617) 373-5934

Filing and classification

Latest tax year: 2015
Tax period began: July 1, 2015
Return type: 990
Tax preparer: SMITH SULLIVAN & BROWN PC
Revocation date: November 15, 2019