Mu Alpha Theta Educational Foundation Inc
Nonprofit profile at a glance
- EIN
- 731506789
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Norman, OK, USA
- Phone
- 4053250144
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Student Sororities, Fraternities
Reported finances
- Revenue
- $702,731
- Expenses
- $735,331
- Assets
- $399,329
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- DR RADLEIGH SANTOS (PRESIDENT)
Highest reported compensation
- DANA WADE (EXECUTIVE DI): $110,260 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization supports its members, sponsors, and chapters with scholarships, awards, and grants. Each summer, the foundation holds a national convention during which members spend four days competing for the highest scores on math tests, practicing their public speaking and teaching skills via math "chalk talks," attending math speaker sessions, networking with other members and mathematicians, and taking a field trip to a local attraction.
What it reported doing in 2025
Scholarships, grants, awards & prizes - academic scholarships - the educational foundation awarded 28 scholarships to outstanding mu alpha theta graduating seniors in 2025. Scholarships were awarded to active members who were judged to be outstanding mathematics students and who have shown loyalty and enthusiastic dedication to their mu alpha theta chapters with evidence of community service in mathematics. The top awardees received 5,000 scholarships. All other recipients received 4,000 scholarships. Scholarships were paid directly to the students' colleges to help pay for tuition and fees or were awarded as cash stipends to the students. Awards - the educational foundation gave awards to outstanding chapters, sponsors, and students. One sponsor was awarded a 1,000 cash award for their exemplary service. One award of 2,500 was presented to a member who is studying to become a mathematics educator. Two teachers in their first two years of teaching were awarded a total of 1,200 to advance their teaching.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 78% for direct work, and 22% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 87
- Accountability: 84
- Sustainability: 34
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.6%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 7th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 93.6%; rating input score 94; 44th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -4.6%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 0.54; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 88; 88th percentile among comparable filings
- Officer compensation ratio: 0.7%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 0.1% per year; rating input score 100; 15th percentile among comparable filings
- Revenue growth: 0.4% per year; rating input score 100; 12th percentile among comparable filings
- Asset growth: 6.4% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.6% of spending went to programs
- Governance: 11 of 11 board members independent · 5 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $733K in reported program spending
- Leadership: top reported pay $110K · 12 people listed
- Consistency: 18 of 19 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 15 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Sustainability: Operating margin scored 20/100.
- High — Sustainability: Total-asset coverage ratio scored 26/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 56/100.