MATH KANGAROO IN USA NFP

EIN: 200076861 501(c)(3) Education

Granger, IN

Total Revenue
$1,713,618
Total Expenses
$1,076,449
Total Assets
$2,119,940
Net Assets
$2,107,147
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
IN
Phone
7082202585
Tax Period
2023-07-01 to 2024-06-30

MATH KANGAROO IN USA NFP, founded in 2003, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $637K, a strong 37% operating margin.

Mission

ORGANIZING AN ANNUAL POPULAR OLYMPIAD "MATH KANGAROO" WITH A GIFT AND TEST BOOKLET FOR EACH PARTICIPANT AND AWARDS FOR WINNERS. OUR MISSION IS TO MOTIVATE STUDENTS FROM GRADES 1 THROUGH 12 TO MASTER THEIR MATHEMATICAL KNOWLEDGE AND SHOW THEM HOW MATHEMATICS APPLIES TO EVERY ASPECT OF SCIENCE AND LIFE.

Program Service Accomplishments

Program 1
Expenses: $618,168 Revenue: $930,136

Registration fees are collected from schools and individuals who signed up for the annual competition. 44,070 participants took the test on March 21st 2024. In addition to the opportunity to compete...

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Registration fees are collected from schools and individuals who signed up for the annual competition. 44,070 participants took the test on March 21st 2024. In addition to the opportunity to compete all registered students receive MK T-shirts and small gifts. We also recognize the top twenty national scorers and the top three performers from each state with special awards. We recognized 5445 winners.

Program 2
Expenses: $292,781 Revenue: $696,666

We sell study materials virtual books and instructional videos and provide online teaching classes private lessons and webinars to prepare students for the competition.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $50,048
Program Service Revenue $1,626,802
Investment Income $36,768
Other Revenue $0
TOTAL REVENUE $1,713,618

Expense Breakdown

Grants Paid $203
Salaries & Benefits $406,070
Fundraising Expenses $38,512
Program Expenses $910,949
Other Expenses $670,176
TOTAL EXPENSES $1,076,449

Year-over-Year Comparison

2023 2022 Change
Revenue $1,713,618 $1,436,141 +0.2%
Expenses $1,076,449 $1,003,125 +0.1%
Net Income $637,169 $433,016 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
3
Employees
6
Volunteers
3

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$281,413
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joanna Matthiesen CEO 40.00
Officer
$95,650 $23,913 $119,563
Izabela Szpiech CFO 40.00
Officer
$94,650 $23,663 $118,313
Katarzyna Nalaskowska CIO 25.00
Officer
$34,830 $8,707 $43,537
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $1,713,618 $1,076,449 $2,119,940 $637,169
2023 $1,436,141 $1,003,125 $1,475,172 $433,016
2022 $1,239,686 $891,191 $1,043,781 $348,495
2021 $937,955 $738,293 $692,969 $199,662
2020 $872,320 $990,010 $492,456 $-117,690
2019 $798,315 $673,651 $638,621 $124,664
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