Somerville Mathematics Fund Inc
Nonprofit profile at a glance
- EIN
- 462840495
- IRS 990-EZ coverage
- 2020–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2018
- Location
- Somerville, MA, USA
- Phone
- 6176660666
- Rating
- 95
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $92,627
- Expenses
- $94,276
- Assets
- $251,806
- Liabilities
- $117,000
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Erica Voolich (President)
- G Sanford Bogage (Vice President)
People named in this filing
- Erica Voolich (President)
- G Sanford Bogage (Vice President)
- Frederick Bernard (Clerk)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To encourage Mathematics in Somerville.
What it reported doing in 2025
Somerville Mathematics supports Grants to schools and students. This year grants went to teachers and community volunteers. PI night was run for middle school students to learn about PI. For high school students Scrapheap had teams of three develop engineering projects at Tufts University
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 100
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.5%; rating input score 95
- Program expense ratio: 93.7%; rating input score 94
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -1.8%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 2.67; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0.46; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 9.8% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 4.8% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 12% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 95.5% of revenue deployed · 93.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $88K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2020 to 2025
- Contacts: How to reach this organization
- 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.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.