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Screen a listNational Math & Science Initiative Inc
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Listed with the IRS, but California flags it.
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- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Not current
- Charity type
- 509(a)(1)
$13Mrevenue
FY2024 · −49% in 3 yrs220staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−26.4%
Months of reserve0.4mo
Revenue growth (annualized)−13.3%
Middle half of peersMedianNational Math & Science Initiative
Where the money goes FY2024 · $17M spent
Programs$12M70%Management and general$3.1M19%Fundraising$1.9M11%990 FY2024 · Part IX line 25
Worth checking2
Federal awards stopped after FY2022
$994k in FY2022, none traced since.
USAspendingDeficits in 2 of the last 3 years
−$4.0M in FY2022 and −$3.5M in FY2024. Cash covers 0.4 months, under the peer median of 3.3.
990 Part I and balance sheetIn its favor1
Strong governance
9 of 9 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI42funders
$1.0Ma year, last 3 years
56%from its largest funder
Funder’17’18’19’20’21’22’23Koret FoundationOn and off$665k$720k$35kFund II FoundationOn and off$700kCarnegie Corporation of New YorkOn and off$467kToyota USA FoundationOn and off$250kCenterpoint Energy Foundation IncOn and off$100k$85kWilliam Randolph Hearst FoundationOn and off$100kDonor-advised giftsDonors not disclosed$1.4M$454k$425k$545k$1.2M$75k$1.3M20 other fundersUp to $100k a year each$46k$47k$6k$94k$213k$21k$21k
FundedThrough a donor-advised fund