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Michigan · Nonprofit

Math Medic Foundation

Math Medic Foundation (Michigan) receives grants from 2 organizations whose IRS filings report $130,191 to it, the largest being STEELCASE FOUNDATION ($130,000). 2 of them have funded it in more than one year.

Revenue FY2025
$276k
Funders on record
2
Grants received
$130k
Net assets
$172k
2/2 repeat funderspeak grant-dependency 58%
01What it does

What Math Medic Foundation does

Mission

Empowering students teachers and schools with resources that increase equitable access to high-quality mathematics education.

As stated on its FY2025 Form 990.

Programs

  1. Awarded $32,000 in college scholarships to low-income students pursuing mathematics.

    $62,050 spentof which $55,050 as grants
    51% of program spending
  2. Awarded $45,617 in grants for math resources or professional development to teachers who serve low-income students.

    $50,617 spentof which $45,617 as grants
    41% of program spending
  3. Sent out 12 newsletters promoting strategies teachers can use to increase equity in their classrooms.

    $10,000 spent
    8% of program spending

The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $122,667.

02The organization over time

The organization over time

Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20232023 Revenue 100 ($87k) Expenses 100 ($61k) Net assets 100 ($61k)2024 Revenue 65 ($56k) Expenses 106 ($64k) Net assets 87 ($53k)2025 Revenue 319 ($276k) Expenses 260 ($158k) Net assets 283 ($172k)
202320242025
Revenue (319)Expenses (260)Net assets (283)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $53k to $172k (+225%).

$61k
$53k
$172k
202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2023
2024
2025
ContributionsProgram revenueInvestmentOther

89% of Math Medic Foundation’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 reported years ran a deficit.

$26k
’23
−$8k
’24
$119k
’25
13
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Luke Wilcox

Board President

As listed on its FY2025 Form 990.

03Who funds it

Who funds it, year by year

2022 → 2023: the base held at 2 funders, grant income rose $30k → $50k.

Funder
'22
'23
'24*
total
funders
2
2
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Math Medic Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Math Medic Foundation leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Math Medic Foundation's grant income comes from Michigan funders.

MI

In-state vs out-of-state, by year

’22
’23
Michigan out of state home

Funder states come from each funder’s own filing. $191 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Math Medic Foundation runs a healthier operating margin than three-quarters of the 16,849 education nonprofits its size.

Operating margin43% · top quartile
Months of reserve13.1mo · above the median
Revenue growth (annualized)79% · top quartile

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like Math Medic Foundation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Michigan

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 8%Fundraising 15%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

MI

Screen this organization

A dated, signed PDF of the compliance screen for Math Medic Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Math Medic Foundation?
Math Medic Foundation (Michigan) receives grants from 2 organizations whose IRS filings report $130,191 to it, the largest being STEELCASE FOUNDATION ($130,000). 2 of them have funded it in more than one year.
How many funders does Math Medic Foundation have?
IRS filings report 2 organizations giving $130,191 in grants to Math Medic Foundation, 2 of which have funded it in more than one year.
Who is the largest funder of Math Medic Foundation?
STEELCASE FOUNDATION is the largest funder on record, with $130,000 in grants. The full list of funders is on this page.
How can an organization like Math Medic Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Math Medic →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing