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South Carolina · Nonprofit

SOUTHERN INITIATIVE OF THE ALGEBRA PROJECT INC

SOUTHERN INITIATIVE OF THE ALGEBRA PROJECT INC (South Carolina) receives grants from 3 organizations whose IRS filings report $1,983,628 to it, the largest being WK Kellogg Foundation ($1,714,500). 1 of them have funded it in more than one year.

Revenue FY2025
$479k
Funders on record
3
Grants received
$2.0M
Net assets
$116k
1/3 repeat fundersgrants exceed reported revenue in one year
01What it does

What Southern Initiative of the Algebra Project Inc does

Mission

To help communities increase their capacity to ensure a quality education for the success of every child through the implementation of siap's pk-16 model for education--the four components of which are site/community development, professional development for educators, youth leadership development, and institutes of higher learning partnerships.

As stated on its FY2025 Form 990.

Programs

  1. The southern initiative of the algebra project, inc. (siap) implemented the siap pk-16 model for education at 2 sites in the united states during 2025. The model involves four components: (1) professional development for educators, modeling the expectations for educators and their students; (2) the design team process, pulling together across the community at large the necessary human and other resources to support teachers and their students toward all students being college- or career-ready upon graduation from high school; (3) partnerships with institutes of higher learning, particularly historically black colleges and universities, serving as anchors for educational support and sustainability for teachers and students; and (4) youth leadership development, teaching high school and university students to serve as tutors and mentors for pk-12 students in teachers' classrooms and in after-school, weekend, and summer programs.the 2 program sites for 2025 follow:jackson ms project--siap provided professional development for math educators in the lanier feeder pattern of the jackson public schools district. Classroom visitations and saturday workshops were conducted in spring 2025.…

    $217,442 spent$248,104 earned by the program
    52% of program spending
  2. New orleans la project--siap provided professional development for math educators in two schools (benjamin franklin elementary mathematics and science school and the new orleans charter science and mathematics high school). Classroom visitations and saturday workshops were conducted in spring 2025. School leadership assistance was also provided throughout the year for the administrators of the two schools. Design team meetings were held monthly, bringing together representatives from siap, the schools, the school district, and community businesses and organizations. Funded by the w.k. Kellogg foundation.petersburg, va--siap worked with the principal investigator(virginia state university) for vsu's nsf grant that was funding work across multiple sites. Vsu was involved in research with five universities (dillard, xavier, jsu, vuu, and vsu). The funds siap received from vsu were designated for use in the jackson ms project for the implementation of the siap pk-16 model.

    $176,360 spent$225,000 earned by the program
    42% of program spending
  3. Other program services, not described on the e-filed return.

    $22,933 spent
    6% of program spending

The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $416,735.

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 ($178k) Expenses 100 ($318k) Net assets 100 ($87k)2018 Revenue 344 ($614k) Expenses 141 ($448k) Net assets 291 ($253k)2019 Revenue 463 ($826k) Expenses 155 ($492k) Net assets 674 ($587k)2020 Revenue 219 ($391k) Expenses 168 ($534k) Net assets 511 ($444k)2021 Revenue 267 ($476k) Expenses 189 ($600k) Net assets 377 ($328k)2022 Revenue 196 ($350k) Expenses 184 ($586k) Net assets 105 ($91k)2023 Revenue 259 ($463k) Expenses 157 ($500k) Net assets 63 ($54k)2024 Revenue 312 ($556k) Expenses 169 ($536k) Net assets 85 ($74k)2025 Revenue 269 ($479k) Expenses 139 ($441k) Net assets 133 ($116k)
'17'18'19'20'21'22'23'24'25
Revenue (269)Expenses (139)Net assets (133)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 2018 to 2019, from $253k to $587k (+132%).

$87k
$253k
$587k
$444k
$354k
$120k
$54k
$77k
$120k
'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

100% of SOUTHERN INITIATIVE OF THE ALGEBRA PROJECT INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (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. 5 of the last 9 reported years ran a deficit.

−$139k
’17
$166k
’18
$333k
’19
−$142k
’20
−$124k
’21
−$237k
’22
−$37k
’23
$20k
’24
$38k
’25
3.3
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

David J Dennis Sr

Executive director

Board chair

Ernest Jones

Chairman of the board

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed988966666
Joined·+0+0+1+3+0+0+0+2
No longer listed·10060002
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $223k → $296k.

Funder
'17
'19
'20
'21
'22
'23
'24*
'25*
total
funders
1
1
1
1
1
2
1
1

From the IRS filings of SOUTHERN INITIATIVE OF THE ALGEBRA PROJECT INC’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

SOUTHERN INITIATIVE OF THE ALGEBRA PROJECT INC leans on a few funders — its largest provides 86% 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

86%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 85% — diversifying over time.

“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

SOUTHERN INITIATIVE OF THE ALGEBRA PROJECT INC draws 100% of its grant income from funders outside South Carolina, across 3 states in all.

MI
VA
MS

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

’17
’19
’20
’21
’22
’23
South Carolina out of state home

Funder states come from each funder’s own filing. 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

SOUTHERN INITIATIVE OF THE ALGEBRA PROJECT INC runs a healthier operating margin than half of the 16,849 education nonprofits its size.

Operating margin8% · above the median
Months of reserve3.3mo · below the median
Revenue growth (annualized)13% · above the median

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

Organizations like SOUTHERN INITIATIVE OF THE ALGEBRA PROJECT INC

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 South Carolina

Nationally

05Profile & governance

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

Where the money goes

94% of spending goes to programs.

Program 94%Management 6%Fundraising 0%

Governance

5
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

99%

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

Footprint & structure

Files a return copy in 1 state

SC

Screen this organization

A dated, signed PDF of the compliance screen for SOUTHERN INITIATIVE OF THE ALGEBRA PROJECT INC: 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.

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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 SOUTHERN INITIATIVE OF THE ALGEBRA PROJECT INC?
SOUTHERN INITIATIVE OF THE ALGEBRA PROJECT INC (South Carolina) receives grants from 3 organizations whose IRS filings report $1,983,628 to it, the largest being WK Kellogg Foundation ($1,714,500). 1 of them have funded it in more than one year.
How many funders does SOUTHERN INITIATIVE OF THE ALGEBRA PROJECT INC have?
IRS filings report 3 organizations giving $1,983,628 in grants to SOUTHERN INITIATIVE OF THE ALGEBRA PROJECT INC, 1 of which have funded it in more than one year.
Who is the largest funder of SOUTHERN INITIATIVE OF THE ALGEBRA PROJECT INC?
WK Kellogg Foundation is the largest funder on record, with $1,714,500 in grants. The full list of funders is on this page.
How can an organization like SOUTHERN INITIATIVE OF THE ALGEBRA PROJECT INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in South Carolina. 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 3 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