MATHCOUNTS Foundation

EIN: 541295407 501(c)(3) Education

Alexandria, VA

Total Revenue
$2,934,322
Total Expenses
$3,493,086
Total Assets
$5,899,799
Net Assets
$5,148,198
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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
DE
Principal Officer
Kristen Chandler
Phone
7032999006
Tax Period
2024-08-01 to 2025-07-31

MATHCOUNTS Foundation, founded in 1984, is a community nonprofit in the Education sector that reported $2.9M in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $3.5M exceeded revenue, resulting in a 19% operating deficit.

Mission

MATHCOUNTS provides engaging math programs for US middle school students of all ability levels to build confidence and improve attitudes towards math and problem solving.

Program Service Accomplishments

Program 1
Expenses: $2,811,499 Revenue: $1,471,916

MATHCOUNTS Competition Series and Support:MATHCOUNTS cultivates talent in the nation's brightest minds through the MATHCOUNTS Competition Series. Students are brought together from 56 "states" (50...

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MATHCOUNTS Competition Series and Support:MATHCOUNTS cultivates talent in the nation's brightest minds through the MATHCOUNTS Competition Series. Students are brought together from 56 "states" (50 states, Washington D.C., DoD overseas schools, State Department overseas schools, Guam, Puerto Rico and Virgin Islands) at hundreds of local in-person contests - the only program of its kind to do so. Winners advance through 4 levels of competition - school, chapter, state, and national - until the overall national individual and team champions are determined.

Program 2
Expenses: $268,643

The National Math Club:MATHCOUNTS inspires curiosity and builds confidence in students of all math ability levels through The National Math Club. The program creates a space where math learning is...

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The National Math Club:MATHCOUNTS inspires curiosity and builds confidence in students of all math ability levels through The National Math Club. The program creates a space where math learning is fun, social and supportive, so that every student becomes a lifelong math learner. Any individual can sign up to be a club leader and receive free materials to conduct fun math games with their students. Clubs with active participation receive extra recognition and rewards.

Program 3
Expenses: $29,771

School Recruitment, Public Relations and Newsletter:MATHCOUNTS conducts an extensive campaign to share our wide array of educational resources to teachers, school administrators, students, and...

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School Recruitment, Public Relations and Newsletter:MATHCOUNTS conducts an extensive campaign to share our wide array of educational resources to teachers, school administrators, students, and parents throughout the country. This campaign includes an annual, online newsletter and postcards that are distributed to every middle school in the United States.

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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 $1,225,212
Program Service Revenue $1,471,916
Investment Income $237,194
Other Revenue $0
TOTAL REVENUE $2,934,322

Expense Breakdown

Grants Paid $351,816
Salaries & Benefits $1,712,930
Fundraising Expenses $164,612
Program Expenses $3,109,913
Other Expenses $1,428,340
TOTAL EXPENSES $3,493,086

Year-over-Year Comparison

2024 2023 Change
Revenue $2,934,322 $4,451,400 -0.3%
Expenses $3,493,086 $3,261,897 +0.1%
Net Income $-558,764 $1,189,503 -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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Governance

Voting Members
18
Independent Members
18
Employees
14
Volunteers
17000

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
4
$267,618
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nancy Blackwell Chair 1.00
Officer Director
$0 $0 $0
Tricia Hatley Vice Chair 1.00
Officer Director
$0 $0 $0
Jon Owen Treasurer 1.00
Officer Director
$0 $0 $0
Joann Acosta Director 1.00
Director
$0 $0 $0
Brian Baldrate Director 1.00
Director
$0 $0 $0
Chris Bradshaw Director 1.00
Director
$0 $0 $0
Keri Connors Director 1.00
Director
$0 $0 $0
Abraham El Director 1.00
Director
$0 $0 $0
Shawn Gundrum Director 1.00
Director
$0 $0 $0
Katherine Guthrie Director 1.00
Director
$0 $0 $0
Ryan Hill Director 1.00
Director
$0 $0 $0
Jennifer Kass Director 1.00
Director
$0 $0 $0
Karen Keniff Director 1.00
Director
$0 $0 $0
Michelle Nal Director 1.00
Director
$0 $0 $0
John Park Director 1.00
Director
$0 $0 $0
Laura Partridge Director 1.00
Director
$0 $0 $0
Ken Whyte Director 1.00
Director
$0 $0 $0
Ding Zhou Director 1.00
Director
$0 $0 $0
Kristen Chandler Executive Director & Secretary 40.00
Officer
$242,965 $24,653 $267,618
Amanda Naar Deputy Dir & Dir. of Strategy 40.00
Highest
$208,478 $19,864 $228,342
Chris Bright Director of Programs 40.00
Highest
$112,167 $14,472 $126,639
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 $2,934,322 $3,493,086 $5,899,799 $-558,764
2024 $4,451,400 $3,261,897 $6,323,346 $1,189,503
2023 $2,687,820 $3,134,898 $6,157,589 $-447,078
2022 $3,956,274 $2,963,177 $6,563,497 $993,097
2021 $3,161,450 $2,472,644 $5,939,656 $688,806
2020 $3,092,069 $2,174,284 $4,751,301 $917,785
2019 $2,828,510 $2,775,355 $3,807,879 $53,155
2018 $3,339,271 $3,067,438 $3,582,138 $271,833
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