National Math & Science Initiative
National Math & Science Initiative reported $13.3 million in revenue and $16.8 million in expenses for calendar year 2024. Of every $100 it spent, $70.21 went to program services, $18.60 to management and general costs and $11.19 to fundraising. Its largest source of revenue was contributions and grants: 86.6% of the total. Government grants made up 38.7%. The highest compensation it reported for one person was $460,752 (CEO). 35 people received more than $100,000 in reportable compensation. Revenue fell 67% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $17MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $13MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 70.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 18.6% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 11.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.16 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 86.6% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 38.7% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 11.1% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $460,752 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.74% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 35 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 17.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 9 of 9 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseThe college readiness program is a comprehensive approach that increases teacher effectiveness and student achievement through training, teacher and student support, open enrollment, and awards. The program dramatically increases the number of students taking and passing ap math, science, and english exams, and expands access to traditionally under -represented students
Laying the foundation is a three-year teacher training program for teachers of grades 3-12, which gives math, science, and english teachers content-based, pedagogy-driven, teacher-to-teacher training. The program helps educators with teaching strategies and content knowledge that increase rigor in the classroom
The aligned program supports districts. Allowing them to implement a comprehensive STEM pathway in grades k-12, which includes curriculum integration and professional development
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Officer, 40.0 hrs/week | $407,834 | $0 | $52,918 | $460,752 |
| PRESIDENT Officer, 40.0 hrs/week | $331,683 | $0 | $48,932 | $380,615 |
| COO Officer, 40.0 hrs/week | $256,179 | $0 | $25,883 | $282,062 |
| VP of Technology Business Operations Highest compensated employee, 40.0 hrs/week | $207,368 | $0 | $37,670 | $245,038 |
| VP of Business Development Highest compensated employee, 40.0 hrs/week | $197,514 | $0 | $20,951 | $218,465 |
| VP of Program Design & Innovation Highest compensated employee, 40.0 hrs/week | $180,507 | $0 | $31,113 | $211,620 |
| VP of Public Affairs Highest compensated employee, 40.0 hrs/week | $179,719 | $0 | $31,787 | $211,506 |
| VP of Program Success Highest compensated employee, 40.0 hrs/week | $180,930 | $0 | $14,970 | $195,900 |
35 people received more than $100,000 in reportable compensation from National Math & Science Initiative (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5220
- Volunteers Part I, line 613
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| Prolocity Cloud Solutions Consulting | $568,035 |
| Creative Circle Professional Services | $349,781 |
| WEST COAST ANALYTICS Research | $236,200 |
| Finn Partners Inc Consulting | $201,800 |
| CENTRE TECHNOLOGIES Professional Services | $184,010 |
Individuals listed as contractors are left out. 8 contractors were paid more than $100,000 in all.
Private foundation grants it received
4 private foundations reported grants to National Math & Science Initiative totaling $106K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from National Math & Science Initiative's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for National Math & Science Initiative, you can publish a response that is linked from this page.
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Of every $100 National Math & Science Initiative spent in 2024, $70.21 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of National Math & Science Initiative's spending goes to programs?
In calendar year 2024, National Math & Science Initiative reported that 70.2% of its $16.8 million in expenses went to program services, 18.6% to management and general and 11.2% to fundraising (Form 990, Part IX).
How much does National Math & Science Initiative pay its top executive?
The largest total compensation National Math & Science Initiative reported for one person in calendar year 2024 was $460,752, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does National Math & Science Initiative get its money?
Of $13.3 million in revenue in calendar year 2024, 86.6% came from contributions and grants (including 38.7% from government grants) and 11.1% from program service revenue (Form 990, Part VIII).
Is National Math & Science Initiative a registered charity?
The IRS lists EIN 11-3769438 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202532739349301418 · read the filing
- 2023: Form 990 for calendar year 2023, object 202442489349300514 · read the filing
- 2022: Form 990 for calendar year 2022, object 202332209349301588 · read the filing
- 2021: Form 990 for calendar year 2021, object 202212159349301181 · read the filing
- 2020: Form 990 for calendar year 2020, object 202112579349301481 · read the filing
- 2019: Form 990 for calendar year 2019, object 202032749349300618 · read the filing
All filings for EIN 11-3769438: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.