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Virginia · Nonprofit

MATHCOUNTS Foundation

MATHCOUNTS Foundation (Virginia) receives grants from 31 organizations whose IRS filings report $4,768,040 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($2,185,544). 19 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$2.9M
Funders on record
31
Grants received
$4.8M
Net assets
$5.1M
19/31 repeat funderspeak grant-dependency 48%
01What it does

What MATHCOUNTS Foundation does

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.

As stated on its FY2025 Form 990.

Programs

  1. 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.

    $2,811,499 spentof which $346,439 as grants$1,471,916 earned by the program
    90% of program spending
  2. 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.

    $268,643 spentof which $5,358 as grants
    9% of program spending
  3. 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.

    $29,771 spentof which $20 as grants
    1% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,109,913.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($3.2M) Expenses 100 ($2.7M) Net assets 100 ($2.8M)2018 Revenue 105 ($3.3M) Expenses 112 ($3.1M) Net assets 110 ($3.1M)2019 Revenue 89 ($2.8M) Expenses 101 ($2.8M) Net assets 112 ($3.2M)2020 Revenue 98 ($3.1M) Expenses 79 ($2.2M) Net assets 148 ($4.2M)2021 Revenue 100 ($3.2M) Expenses 90 ($2.5M) Net assets 184 ($5.2M)2022 Revenue 125 ($4.0M) Expenses 108 ($3.0M) Net assets 206 ($5.8M)2023 Revenue 85 ($2.7M) Expenses 114 ($3.1M) Net assets 194 ($5.5M)2024 Revenue 141 ($4.5M) Expenses 119 ($3.3M) Net assets 199 ($5.6M)2025 Revenue 93 ($2.9M) Expenses 127 ($3.5M) Net assets 183 ($5.1M)
'17'18'19'20'21'22'23'24'25
Revenue (93)Expenses (127)Net assets (183)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 2020 to 2021, from $4.8M to $5.9M (+25%).

$3.4M
$3.6M
$3.8M
$4.8M
$5.9M
$6.6M
$6.2M
$6.3M
$5.9M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

42% of MATHCOUNTS Foundation’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$420k
’17
$272k
’18
$53k
’19
$918k
’20
$689k
’21
$993k
’22
−$447k
’23
$1.2M
’24
−$559k
’25
5.9
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.

Chief executive

Kristen Chandler

Executive Director & Secretary

Board chair

Nancy Blackwell

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed202221201920192021
Joined·+3+3+6+3+6+2+5+4
No longer listed·14745343
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 12 funders, grant income rose $40k → $1.3M.

11 of 31 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 54% 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 MATHCOUNTS Foundation’s funders (the co-funder graph). Top 30 of 31 funders by total. 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

MATHCOUNTS Foundation leans on a few funders — its largest provides 46% of grant income and the top three 85%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

57% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MATHCOUNTS Foundation.

46%
largest funder
85%
top three
~3
effective funders

Largest funder’s share by year: 2017 63% · 2018 76% · 2019 89% · 2020 73% · 2021 70% · 2022 62% · 2023 68% — growing more concentrated.

“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.

How long its funders stay

41% of MATHCOUNTS Foundation's funders are still giving 3 years after their first grant; 61% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

54% of MATHCOUNTS Foundation's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $2.2M that is directly attributable, 76% of it comes from Virginia funders.

IL
NY
MA
OH
PA
CT
CA
KY
VA
SC
TX

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

’17
’18
’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $2.6M arriving through sponsors registered in 10 states 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

MATHCOUNTS Foundation is better cushioned than half of the 9,398 education nonprofits its size.

Operating margin−19% · bottom quartile
Months of reserve5.9mo · above the median
Revenue growth (annualized)−1% · bottom quartile

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Government funding MATHCOUNTS Foundation receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $5k on record.

State$5k
22
23
24
25
26
Top programs
  • STUDENT BODY ACTIVITY$4k
  • INSTRUCTIONAL SUPPLIES$695
  • TRAINING$150

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like MATHCOUNTS 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 Virginia

Nationally

05Profile & governance

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

Where the money goes

89% of spending goes to programs.

Program 89%Management 6%Fundraising 5%

Governance

18
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

46%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 32 states

AK
NH
WA
ND
MN
IL
WI
MI
NY
MA
OR
PA
NJ
CT
RI
CA
UT
KY
VA
MD
NM
KS
AR
TN
NC
SC
HI
OK
MS
AL
GA
FL

Screen this organization

A dated, signed PDF of the compliance screen for MATHCOUNTS 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 MATHCOUNTS Foundation?
MATHCOUNTS Foundation (Virginia) receives grants from 31 organizations whose IRS filings report $4,768,040 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($2,185,544). 19 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does MATHCOUNTS Foundation have?
IRS filings report 31 organizations giving $4,768,040 in grants to MATHCOUNTS Foundation, 19 of which have funded it in more than one year.
Who is the largest funder of MATHCOUNTS Foundation?
AMERICAN ONLINE GIVING FOUNDATION INC is the largest funder on record, with $2,185,544 in grants. The full list of funders is on this page.
How can an organization like MATHCOUNTS Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 31 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