MU ALPHA THETA NATL HIGH SCHOOL & TWO-YEAR COLLEGE MATHEMATICS HONOR

EIN: 736097246 Education

NORMAN, OK

Total Revenue
$677,442
Total Expenses
$830,494
Total Assets
$1,314,246
Net Assets
$1,314,011
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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
1967
Legal Domicile
OK
Principal Officer
DANA WADE
Phone
4053250144
Tax Period
2024-01-01 to 2024-12-31

MU ALPHA THETA NATL HIGH SCHOOL & TWO-YEAR COLLEGE MATHEMATICS HONOR, founded in 1967, is a small nonprofit in the Education sector that reported $677K in total revenue in fiscal year 2024. Expenses of $830K exceeded revenue, resulting in a 23% operating deficit.

Mission

MU ALPHA THETA PROMOTES THE ENJOYMENT AND SCHOLARSHIP OF MATHEMATICS TO HIGH SCHOOL AND TWO-YEAR COLLEGE STUDENTS BY PROVIDING MATH-RELATED ACTIVITIES AND RESOURCES. THE ORGANIZATION PROVIDES GRANTS TO ITS MEMBERS AND CHAPTERS SO THEY MAY PARTICIPATE IN MATH COMPETITIONS AND PROMOTE THE ENJOYMENT OF MATHEMATICS WITHIN THEIR COMMUNITIES. SCHOLARSHIPS AND GRANTS ARE AWARDED TO MATHEMATICALLY TALENTED MEMBERS TO HELP REDUCE THE FINANCIAL BURDEN OF ATTENDING MATH SUMMER PROGRAMS AND OUR CONVENTION. THE ORGANIZATION SUPPORTS MULTIPLE FREE MATHEMATICS COMPETITIONS FOR ITS MEMBERS. ADDITIONALLY, MU ALPHA THETA PROVIDES FREE GRAPHING CALCULATORS, ASSORTED MERCHANDISE, AND MATH-RELATED ITEMS AS PRIZES TO ITS CHAPTERS.

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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 $0
Program Service Revenue $612,609
Investment Income $28,140
Other Revenue $36,693
TOTAL REVENUE $677,442

Expense Breakdown

Grants Paid $174,411
Salaries & Benefits $195,359
Fundraising Expenses $0
Other Expenses $460,724
TOTAL EXPENSES $830,494

Year-over-Year Comparison

2024 2023 Change
Revenue $677,442 $680,387 0.0%
Expenses $830,494 $554,055 +0.5%
Net Income $-153,052 $126,332 -2.2%
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
12
Independent Members
12
Employees
N/A
Volunteers
4500

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
$101,491
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANA WADE EXECUTIVE DI 40.00
Officer
$101,491 $0 $101,491
ROB SNOW PRESIDENT 4.00
Officer Director
$0 $0 $0
DR RADLEIGH SANTOS PRESIDENT EL 4.00
Officer Director
$0 $0 $0
DR JOHN ALBERT TREASURER 5.00
Officer Director
$0 $0 $0
SHELBY AABERG GOVERNOR REG 1.00
Director
$0 $0 $0
TAMMI CARLISLE GOVERNOR REG 1.00
Director
$0 $0 $0
BETTY HOOD GOVERNOR REG 1.00
Director
$0 $0 $0
DANIEL BONNETT GOVERNOR REG 1.00
Director
$0 $0 $0
DR CHUCK GARNER MAA REPRESEN 1.00
Director
$0 $0 $0
TODD TAYLOR NCTM REPRESE 1.00
Director
$0 $0 $0
LEKAN BABANIYI SIAM REPRESE 1.00
Director
$0 $0 $0
MARI MENARD AMATYC REP 1.00
Director
$0 $0 $0
KIM WOOLFENDEN NAT'L CONVEN 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 $677,442 $830,494 $1,314,246 $-153,052
2023 $680,387 $554,055 $1,458,310 $126,332
2022 $624,986 $469,386 $1,324,384 $155,600
2021 $626,537 $337,069 $1,188,681 $289,468
2020 $448,960 $453,470 $889,338 $-4,510
2019 $716,643 $742,021 $892,280 $-25,378
2018 $693,327 $733,476 $909,785 $-40,149
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