Attach to Form 990 or Form 990-EZ.
Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
| (i)Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 9 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
| Total | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2011 | (b) 2012 | (c) 2013 | (d) 2014 | (e) 2015 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any unusual grants.) .... | 15,540,872 | 15,984,060 | 26,997,999 | 25,334,501 | 24,625,983 | 108,483,415 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....... | 0 | |||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | 0 | |||||
| 4 | Total. Add lines 1 through 3 | 15,540,872 | 15,984,060 | 26,997,999 | 25,334,501 | 24,625,983 | 108,483,415 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | 97,525,043 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 10,958,372 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2011 | (b) 2012 | (c) 2013 | (d) 2014 | (e) 2015 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 15,540,872 | 15,984,060 | 26,997,999 | 25,334,501 | 24,625,983 | 108,483,415 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 131,679 | 76,275 | 84,627 | 89,610 | 89,489 | 471,680 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 37,800 | 38,500 | 38,150 | 33,950 | 32,620 | 181,020 |
| 11 | Total support. Add lines 7 through 10. | 109,136,115 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2011 | (b) 2012 | (c) 2013 | (d) 2014 | (e) 2015 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose...... | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 6 | Total. Add lines 1 through 5. | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons... | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2011 | (b) 2012 | (c) 2013 | (d) 2014 | (e) 2015 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
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| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
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| 9 Distributable amount for 2015 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2015 |
(iii) Distributable Amount for 2015 |
|
|---|---|---|---|---|
|
1
Distributable amount for 2015 from Section C, line 6 |
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|
2
Underdistributions, if any, for years prior to 2015 (reasonable cause required--see instructions) |
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| 3 Excess distributions carryover, if any, to 2015: | ||||
| a | ||||
| b | ||||
| c | ||||
| d From 2013....... | ||||
| e From 2014....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2015 distributable amount | ||||
|
i
Carryover from 2010 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2015 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2015 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2015, if any. Subtract lines 3g and 4a from line 2 (if amount greater than zero, see instructions) |
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|
6
Remaining underdistributions for 2015. Subtract lines 3h and 4b from line 1 (if amount greater than zero, see instructions) |
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|
7 Excess distributions carryover to 2016. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a | ||||
| b | ||||
| c Excess from 2013....... | ||||
| d From 2014....... | ||||
| e From 2015....... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Schedule A, Part II, LIne 17A | 10% facts and circumstances test The mission of Math for America is to improve mathematics education in U.S. public secondary schools by recruiting, training and retaining outstanding mathematics teachers. Its goal is to increase the number of mathematically talented individuals entering teaching and to support those outstanding mathematics teachers already in the classroom. U.S. students rank poorly in proficiency on both domestic and international math exams, a problem that could cost the country significantly as it tries to compete in an-ever global world. U.S. students fall behind 31 countries in math proficiency. Although math performance levels among countries that ranked 23 to 31 aren't significantly different from that of the U.S., 22 countries outperform the U.S. in the number of students reaching math proficiency. In six countries-plus Shanghai and Hong Kong-a majority of students performed at the proficient level, while in the U.S., less than one-third did. The consequences of these poor testing results have impacted the U.S. economy as firms are experiencing shortages of technically skilled workers and outsourcing professional-level work to workers abroad. Student performance on math tests is closely related to long-term economic productivity growth; if the U.S. could increase its proficiency levels, it would enjoy an increase in its GDP growth. Math for America's vision is to dramatically change mathematics and science education over the next decade throughout America in order to keep our country competitive. Math for America relies upon the generosity of public donors to continue its important work. Historically, the organization has received large donations from a single benefactor, but the organization's goal is to diminish its reliance upon this model and expand its fundraising reach into the public sector. Math for America understands the need to meet the public support test. To that end, it is continually attempting to generate new sources of fundraising, both through broad donor appeals, targeted solicitations, and special events. Internal Revenue Code Regulation 1.170A-9T lists several criteria which indicate facts and circumstances supporting an organization's continued public charity status despite not meeting the 33 1/3 support test. Those criteria are as follows: 1. Attraction of public support - in the past few years, Math for America has sought to expand its fundraising capabilities in order to generate greater public support. These activities target prospective donors who support the mission and programs of the organization. Math for America's efforts to expand its donor base have achieved some success in spreading the organization's mission and reach; however, the organization's public support test continues to hover around 10% despite its best efforts to secure additional funding sources. 2. Percentage of financial support - Math for America's public support percentage continues to exceed 10%. The higher the percentage of support above the 10 percent requirement of paragraph (f)(3)(i) of 1.170A-9T, the lesser will be the burden of establishing the publicly supported nature of the organization through other factors described in paragraph (f)(3), while the lower the percentage, the greater will be the burden. Math for America's support percentage is low because it receives a high percentage of its total support from a small class of donors. The organization is attempting to change this and it recognizes that it may have to consider classifying itself as a private foundation in the coming years. 3. Sources of Support - Math for America's primary sources of contribution revenue must evolve. In recent years, Math for America has commenced running various special event activities geared toward raising funds from a diverse donor base. The organization has also considered partnering with other non-profits with a similar educational focus to increase its broad public support. 4. Representative Governing Body - Math for America has a governing body that is broadly represented by members of the community. Each of these factors are significant positive evidence of Math for America's publicly supported nature. Math for America is currently seeking to increase the amount of donations it receives from the public; if it is unable to generate additional sources of public support, the organization may opt to change its IRS status to that of a private foundation or perhaps to a supporting organization of another Section 501(c)(3) charity. |
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Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| FORM 990, PART III, LINE 4D | Recruitment and Selection: Math for America recruits talented individuals to apply for the Fellowship programs. THE Recruitment and Selection process consists of attending campus recruitment events, advertising, processing applications and conducting interview sessions. |
| Form 990, Part VI, Section A, Line 2 | Board of Trustees members James Simons and Neil Chriss have a business relationship. Board of Trustees members James Simons and Anne Dinning have a business relationship. Board of Trustees members James Simons and Elizabeth Simons have a family relationship. |
| FORM 990, PART VI, SECTION B, LINE 11 | Math For America's Form 990 was prepared by a nationally renowned accounting firm in conjunction with the organization's financial department. A copy of the draft Form 990 was circulated to the full Board of Trustees for discussion and comment at a board meeting. Each Board Member was provided ample opportunity to comment on the information contained in the 990 prior to its electronic filing with the Internal Revenue Service. |
| FORM 990, PART VI, SECTION B, LINE 12 | In recognition of the increased disclosure requirements of the new Form 990, Math For America instituted a conflict of interest policy organization-wide that was communicated to all employees. Math for America requested that all employees (especially officers, directors and trustees) comply with the requirements of the conflict of interest policy and disclose immediately any potential conflicts. Additionally, Math for America distributed an annual questionnaire to be completed by all of its officers, directors and key employees. This questionnaire is completed on an annual basis. The questionnaire requires the respondent to disclose any family and/or business relationships with other Math for America personnel. The Organization monitors compliance with the distributed questionnaire and follows-up on any potential conflicts. Math for America has received responses from all individuals listed on Part VII of this Form 990 and determined that there was only one business relationship to be disclosed on the Form 990. (Please see response to Part VI, Line 2). |
| FORM 990, PART VI, SECTION B, LINE 15 | Math for America undertakes a thorough process to ensure that the executive compensation it pays to its top management official and all of the officers and key employees of the organization is reasonable given the market in which it operates. the Board of Directors has established a Finance Committee (a sub-set of the Executive Committee) of independent persons that have no personal interest in the proposed compensation agreement. The terms of the compensation package to the President are memorialized in a written employment contract that is in force for a term of three years. Math For America last conducted a comprehensive independent compensation study in November of 2016. |
| FORM 990, PART VI, SECTION C, LINE 19 | The taxpayer makes its Form 990 available to the public by retaining a copy at its place of business. The Form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion. |
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