Rsm Foundation Inc

Nonprofit profile at a glance

EIN
383982794
IRS 990-EZ coverage
2015–2024
Forms available
Form 990-EZ 2024
Location
Newton, MA, USA
Phone
6177522489
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$165,238
Expenses
$104,836
Assets
$497,531
Liabilities
$163,246

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

Leadership & pay

6 people listed

Executive titles in this filing

  • MASHA GERSHMAN (PRESIDENT, CLERK & DIRECTO)

People named in this filing

  • OLGA DADASHEVA (DIRECTOR)
  • DZHANGIR DADASHEV (DIRECTOR)
  • ALEKSEY KAREZIN (DIRECTOR)

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

The rsm foundation is committed to the promotion of stem activities for k-12 students.

What it reported doing in 2024

The infinity squad is a math mentorship program between high school and elementary school students. The program is designed to pair high school students with elementary school students to meet on a regular basis during the school year and develop both interpersonal relationships and an affinity for and enjoyment in math. It is designed to run at a local elementary school, after school, for 20 weeks during the school year from around october until april. Due to the covid pandemic, we have adjusted the original programming to go virtual. High school students meet virtually once/week for 30 minutes with their mentees to connect, play math games, and go over math homework.? As many schools had to cancel transitional programming for 8th graders entering high school, members of our teen leadership board developed a mentor-based program for these 8th graders and their parents. The 8th graders were each paired with a high school student so that they and their parents could ask questions about math classes and preparation as well as other aspects of high school life. The popularity of this program exploded and was offered in 12 different communities. The organization also hosts the international math contest which is a 30-minute online challenge based on leading math curricula from across the world.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 82
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.4%; rating input score 63
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: 36.6%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 4.75; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0.33; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 24.3%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: 18.7% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: 9.4% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 17.1% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 63.4% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $105K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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: Liabilities to assets ratio scored 14/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.