CALCULUS PROJECT INC

EIN: 813431454 501(c)(3) Education

Randolph, MA

Total Revenue
$532,161
Total Expenses
$774,002
Total Assets
$686,473
Net Assets
$614,890
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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
2017
Legal Domicile
MA
Principal Officer
Adrian Mims
Phone
6175944851
Tax Period
2024-01-01 to 2024-08-31

CALCULUS PROJECT INC, founded in 2017, is a small nonprofit in the Education sector that reported $532K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $774K exceeded revenue, resulting in a 45% operating deficit.

Mission

To support the educational advancement and economic development of people and and communities who have historically been disenfranchised through community and school based initiatives, programs and activities including but not limited to focusing on calculus and other high-level math subjects.

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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 $327,850
Program Service Revenue $204,311
Investment Income $0
Other Revenue $0
TOTAL REVENUE $532,161

Expense Breakdown

Grants Paid $0
Salaries & Benefits $606,934
Fundraising Expenses $27,681
Program Expenses $607,844
Other Expenses $167,068
TOTAL EXPENSES $774,002

Year-over-Year Comparison

2023 2022 Change
Revenue $532,161 $720,020 -0.3%
Expenses $774,002 $960,007 -0.2%
Net Income $-241,841 $-239,987 +0.0%
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
13
Independent Members
12
Employees
63
Volunteers
10

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
5
$337,702
Total Directors
12
$184,880
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Adrian B Mims Chief Operating Officer and Director 40
Officer Director
$184,880 $0 $184,880
Spencer Blasdale Chief Program Officer 40
Officer
$152,822 $0 $152,822
Justin Desai Director of School and District Support 40
Highest
$118,368 $0 $118,368
Robert J Weintraub Chairman and Director 1
Officer Director
$0 $0 $0
Eva Mitchell Clerk and Director 1
Officer Director
$0 $0 $0
Frederick J Mason III Treasurer and Director 1
Officer Director
$0 $0 $0
Arthur Doyle Director 1
Director
$0 $0 $0
Jennifer Fischer-Mueller Director 1
Director
$0 $0 $0
James Cradle Director 1
Director
$0 $0 $0
Emery Brown Director 1
Director
$0 $0 $0
Kevin Hamilton Director 1
Director
$0 $0 $0
Richard Thaler Director 1
Director
$0 $0 $0
Carey Goldberg Director 1
Director
$0 $0 $0
David Bernstein Director 1
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 $532,161 $774,002 $686,473 $-241,841
2023 $720,020 $960,007 $875,258 $-239,987
2022 $810,653 $628,881 $1,102,248 $181,772
2021 $456,894 $290,710 $171,077 $166,184
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