YP MATH FOUNDATION

EIN: 471386604 501(c)(3) Education

CHICAGO, IL

Total Revenue
$292,748
Total Expenses
$449,258
Total Assets
$292,513
Net Assets
$292,513
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
IL
Principal Officer
ADAM LITKE
Phone
9176534017
Tax Period
2024-01-01 to 2024-12-31

YP MATH FOUNDATION, founded in 2014, is a small nonprofit in the Education sector that reported $293K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $449K exceeded revenue, resulting in a 53% operating deficit.

Mission

ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES. THE GOAL IS TO RAISE FUNDS FROM ALUMNI, FOUNDATIONS AND OTHER SOURCES TO SUPPORT THE OPERATIONAL COSTS OF THE HAMPSHIRE COLLEGE SUMMER STUDIES IN MATHEMATICS PROGRAM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $287,435
Program Service Revenue $0
Investment Income $5,313
Other Revenue $0
TOTAL REVENUE $292,748

Expense Breakdown

Grants Paid $325,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $434,550
Other Expenses $124,258
TOTAL EXPENSES $449,258

Year-over-Year Comparison

2024 2023 Change
Revenue $292,748 $470,156 -0.4%
Expenses $449,258 $185,219 +1.4%
Net Income $-156,510 $284,937 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
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
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LENORE J COWEN PRESIDENT/DIRECTOR 5.00
Officer
$0 $0 $0
ADAM LITKE TREASURER/DIRECTOR 5.00
Officer
$0 $0 $0
PAUL EDELMAN SECRETARY 2.00
Officer
$0 $0 $0
DAVID C KELLY HCSSiM FOUNDER 2.00
Director
$0 $0 $0
ALAN EDELMAN BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID TU BOARD MEMBER 1.00
Director
$0 $0 $0
EMILY BERGER BOARD MEMBER 1.00
Director
$0 $0 $0
ILYA KIRNOS BOARD MEMBER 1.00
Director
$0 $0 $0
JAPHETH WOOD BOARD MEMBER 1.00
Director
$0 $0 $0
JON ROBERTS BOARD MEMBER 1.00
Director
$0 $0 $0
JOSH GREENE BOARD MEMBER 1.00
Director
$0 $0 $0
ROB LIPSHUTZ BOARD MEMBER 1.00
Director
$0 $0 $0
SARA SMOLLETT BOARD MEMBER 1.00
Director
$0 $0 $0
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
2024 $292,748 $449,258 $292,513 $-156,510
2023 $470,156 $185,219 $449,023 $284,937
2022 $202,493 $157,905 $155,063 $44,588
2021 $86,140 $39,083 $110,646 $47,057
2020 $38,157 $55,809 $63,639 $-17,652
2019 $37,475 $4,623 $95,135 $32,852
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