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New York · Nonprofit

THE ART OF PROBLEM SOLVING INITIATIVE INC

THE ART OF PROBLEM SOLVING INITIATIVE INC (New York) receives grants from 50 organizations whose IRS filings report $33,499,611 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($11,756,948). 30 of them have funded it in more than one year, and 70% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$12M
Funders on record
50
Grants received
$33M
Net assets
$19M
30/50 repeat funderspeak grant-dependency 81%
01What it does

What The Art of Problem Solving Initiative Inc does

Mission

Beam aims to open up opportunity for all students at the highest level of achievement, to instill a genuine love for mathematics, and to open up opportunities for fulfilling, well-paid careers. To our knowledge, beam is the only program in the us providing long-term (10-year), comprehensive support to ensure success in advanced math for kids from low-income and low-access backgrounds. Our goals are to provide academic preparation for advanced mathematical work; social/emotional support so students are comfortable and confident with stem identities and engaging stem communities; a community of like-minded peers including students, counselors, and faculty in whom our students can see themselves represented; and guidance and mentoring to support students in seeking out future stem opportunities.

As stated on its FY2025 Form 990.

Programs

  1. The art of problem solving initiative, inc. (the organization), formerly known as "the art of problem solving foundation" was formed in 2004. From 2004 through 2011, aopsi was a small, all-volunteer organization; we ran a national math contest and supported local university-run math circles. Bridge to enter advanced mathematics (beam) was founded in 2011 by daniel zaharopol and rapidly became aopsi's main priority as the program started to find real success. Beam was founded to address a largely unrecognized problem: while affluent students with talent in math have many opportunities to receive instruction in deep enrichment mathematics, even high-achieving students from marginalized communities typically receive only rote instruction focused on basic skills. Too frequently, their potential goes unrecognized or unsupported.beam was launched as a small 3-week residential summer program for 17 rising 8th graders in new york city. As beam's summer programs grew, in 2013, beam also began to provide support and resources to students during the academic year, including weekend classes and drop-in office hours. In 2018, beam expanded to los angeles and continued to grow in nyc. Beam has…

    $6,375,110 spentof which $119,198 as grants
    99% of program spending
  2. Usa mathematical talent search (usamts)- is a national math competition for middle and high school students to promote advanced mathematical problem-solving skills and education. The usamts encourages students to learn advanced mathematical writing skills. The usamts competition is open to the general public. On average a total of 600 to 700 middle and high school students participate in the usamts.

    $91,956 spent
    1% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $6,467,066.

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.

100 = 20172017 Revenue 100 ($3.4M) Expenses 100 ($1.4M) Net assets 100 ($3.4M)2019 Revenue 99 ($3.4M) Expenses 184 ($2.6M) Net assets 121 ($4.1M)2020 Revenue 104 ($3.5M) Expenses 231 ($3.2M) Net assets 129 ($4.4M)2021 Revenue 227 ($7.7M) Expenses 267 ($3.7M) Net assets 245 ($8.4M)2022 Revenue 235 ($7.9M) Expenses 355 ($5.0M) Net assets 335 ($12M)2023 Revenue 225 ($7.6M) Expenses 462 ($6.5M) Net assets 373 ($13M)2024 Revenue 304 ($10M) Expenses 579 ($8.1M) Net assets 453 ($16M)2025 Revenue 348 ($12M) Expenses 619 ($8.7M) Net assets 555 ($19M)
'17'19'20'21'22'23'24'25
Revenue (348)Expenses (619)Net assets (555)

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 $8.6M (+81%).

$3.5M
$4.2M
$4.8M
$8.6M
$12M
$13M
$16M
$19M
'17'19'20'21'22'23'24'25
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
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 2% · 2019 2% · 2020 2% · 2021 4% · 2022 1% · 2023 1% · 2024 1% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$2.0M
’17
$768k
’19
$287k
’20
$4.0M
’21
$3.0M
’22
$1.2M
’23
$2.2M
’24
$3.1M
’25
21
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

Daniel Zaharopol

Chief executive officer

Board chair

Edray Goins Phd

Chair

As listed on its FY2025 Form 990.

'17'19'20'21'22'23'24'25
Listed811111316171720
Joined··+0+2+3+1+1+5
No longer listed··000012
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 8 funders to 23 funders, grant income rose $761k → $6.2M.

17 of 50 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 70% 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 THE ART OF PROBLEM SOLVING INITIATIVE INC’s funders (the co-funder graph). Top 30 of 50 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

THE ART OF PROBLEM SOLVING INITIATIVE INC leans on a few funders — its largest provides 35% of grant income and the top three 65%; half comes from just 2 funders.

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

73% 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 THE ART OF PROBLEM SOLVING INITIATIVE INC.

35%
largest funder
65%
top three
~5
effective funders

Largest funder’s share by year: 2017 46% · 2018 38% · 2019 22% · 2020 35% · 2021 38% · 2022 25% · 2023 23% — 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.

How long its funders stay

48% of THE ART OF PROBLEM SOLVING INITIATIVE INC's funders are still giving 3 years after their first grant; 60% 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

70% of THE ART OF PROBLEM SOLVING INITIATIVE INC'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 $10M that is directly attributable, 66% of it comes from funders outside New York, across 11 states.

WA
MN
IL
NY
MA
CT
RI
CA
VA
DE
FL

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

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

Funder states come from each funder’s own filing. $23M arriving through sponsors registered in 12 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

Organizations like THE ART OF PROBLEM SOLVING INITIATIVE 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 New York

Nationally

05Profile & governance

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

Where the money goes

75% of spending goes to programs.

Program 75%Management 15%Fundraising 11%

Governance

13
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

79%

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

Footprint & structure

Files a return copy in 2 states

NY
CA

Screen this organization

A dated, signed PDF of the compliance screen for THE ART OF PROBLEM SOLVING INITIATIVE 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 THE ART OF PROBLEM SOLVING INITIATIVE INC?
THE ART OF PROBLEM SOLVING INITIATIVE INC (New York) receives grants from 50 organizations whose IRS filings report $33,499,611 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($11,756,948). 30 of them have funded it in more than one year, and 70% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THE ART OF PROBLEM SOLVING INITIATIVE INC have?
IRS filings report 50 organizations giving $33,499,611 in grants to THE ART OF PROBLEM SOLVING INITIATIVE INC, 30 of which have funded it in more than one year.
Who is the largest funder of THE ART OF PROBLEM SOLVING INITIATIVE INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $11,756,948 in grants. The full list of funders is on this page.
How can an organization like THE ART OF PROBLEM SOLVING INITIATIVE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. 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 50 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 22, 2026. What this page cannot tell you · view filing