Northern Nevada Math Club Inc

Nonprofit profile at a glance

EIN
465707304
IRS 990-EZ coverage
2018–2024
Forms available
Form 990 2023, Form 990-EZ 2024, Form 990-N 2016
Location
Reno, NV, USA
Phone
7753841032
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Reported finances

Revenue
$124,624
Expenses
$128,627
Assets
$74,320
Liabilities
$2,568

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Sherry Griffin (President)
  • Angela Francis (Executive Director)

People named in this filing

  • Sherry Griffin (President)
  • Angela Francis (Executive Director)
  • Veena Veerapan (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to build a community that develops a math, logic, and problem-solving foundation in children that inspires joy and confidence to discover their potential.

What it reported doing in 2024

Contests: We offer 6 monthly math contests for grades 1-12 as part of our MathRocks! series, plus a similarly formatted State of Nevada Championship. Additionally, we are an official testing site for multiple national math contests and provide area students with the opportunity to participate in them. Our participants attend public, private, Title I, and charter schools as well as a handful who are homeschooled. More than 50% of our participants are minorities and nearly 40% of our participants are female. Additionally, we brought in career speakers to each contest to talk about their career and how math is a part of it. As a result we saw a significant increase in the number of students interested in various math careers. More information and data breakdown is available in our annual report that can be seen on our website, https://NevadaMath.org

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 96% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 100
  • Sustainability: 28
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68%; rating input score 68
  • Program expense ratio: 63.4%; rating input score 63

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -3.2%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 0.58; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 49.4%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 20.4% per year; rating input score 100; 76th percentile among comparable filings
  • Revenue growth: 13% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: -1.2% per year; rating input score 0; 24th percentile among comparable filings

Details

  • Where the money goes: 68% of revenue deployed · 63.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $82K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.

  • High — Sustainability: Operating margin scored 25/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.