Civic Intelligence

Math for America Boston Inc

990 • Fiscal year 2017 • EIN 27-1240064

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 07, 2018

Refreshing map…

111 Cummington MallBoston, MA 02215

(617) 358-2388

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

60th percentile

0.01x

Higher debt load relative to assets than 60% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

79th percentile

0.07x

Higher debt load relative to revenue than 79% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

1st percentile

-614%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

85th percentile

$27,083

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 119.6% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

14th percentile

-33%

Faster asset growth than 14% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

20th percentile

-24%

Faster revenue growth than 20% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$288,110

Down $142,636 (-33%) from 2016

Net Assets

Down

$286,610

Down $139,016 (-33%) from 2016

Liabilities

Down

$1,500

Down $3,620 (-71%) from 2016

Revenue

Down

$22,644

Down $7,298 (-24%) from 2016

Expenses

Down

$161,660

Down $37,489 (-19%) from 2016

Net Income

Up

-$139,016

Up $30,191 (+18%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2010: $545,277Liabilities 2010: $2,541Net Assets 2010: $542,7362010Assets 2011: $570,968Liabilities 2011: $2,400Net Assets 2011: $568,5682011Assets 2012: $706,892Liabilities 2012: $2,200Net Assets 2012: $704,6922012Assets 2014: $741,320Liabilities 2014: $345,000Net Assets 2014: $396,3202014Assets 2015: $597,215Liabilities 2015: $2,382Net Assets 2015: $594,8332015Assets 2016: $430,746Liabilities 2016: $5,120Net Assets 2016: $425,6262016Assets 2017: $288,110Liabilities 2017: $1,500Net Assets 2017: $286,6102017Assets 2018: $207,437Liabilities 2018: $0Net Assets 2018: $207,4372018Assets 2019: $135,552Liabilities 2019: $0Net Assets 2019: $135,5522019

Highlighted filing

2017

Assets$288,110
Liabilities$1,500
Net Assets$286,610

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KExpenses 2010: $9,5742010Expenses 2011: $127,8582011Expenses 2012: $148,2622012Revenue 2014: $265,993Expenses 2014: $145,764Net Income 2014: $120,2292014Revenue 2015: $68,170Expenses 2015: $212,157Net Income 2015: -$143,9872015Revenue 2016: $29,942Expenses 2016: $199,149Net Income 2016: -$169,2072016Revenue 2017: $22,644Expenses 2017: $161,660Net Income 2017: -$139,0162017Revenue 2018: $19,195Expenses 2018: $98,368Net Income 2018: -$79,1732018Revenue 2019: $12,032Expenses 2019: $83,917Net Income 2019: -$71,8852019

Highlighted filing

2017

Revenue$22,644
Expenses$161,660
Net Income-$139,016
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 7, 2018
Return Version
2017v2.3
Gross Receipts
$22,644
Mission and Program Overview

Mission

Math for america boston (mfa-boston) works to improve student engagement, interest, and achievement in mathematics by recruiting, training, and retaining expert mathematics teachers for boston area public high schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$300,746$248,110▼ $52,636
Total Assets$430,746$288,110▼ $142,636
Other Assets Total$130,000$40,000▼ $90,000
Liabilities
Accounts Payable and Accrued Expenses$5,120$1,500▼ $3,620
Total Liabilities$5,120$1,500▼ $3,620
Net Assets / Fund Balance
Unrestricted Net Assets$425,626$286,610▼ $139,016
Total Net Assets Fund Balance$425,626$286,610▼ $139,016
Total Liabilities and Net Assets / Fund Balance$430,746$288,110▼ $142,636

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$40,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Keith Thomas Hilles-pilantExecutive DirectorPT$25,000$2,083$27,083

Board Members and Trustees

NameTitle
Glenn StevensPresident and Director
Al CuocoDirector
Haynes MillerDirector
Solomon FriedbergSecretary and Director
Steven RosenbergTreasurer and Director
Revenue and Support

Revenue Composition

Contributions and Grants
$12,325
Program Service Revenue
$10,253
Investment Income
$66
Other Revenue
$0
All Other Contributions
$12,325
Change in Net Assets
$-139,016
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$92,531
Other Expenses$42,046
Salaries, Compensation, and Employee Benefits$27,083
Total Fundraising Expense$493
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$92,531--$92,531
Fees for Services Management$29,038--$29,038
Current Officers, Directors, Trustees, and Key Employees$27,083--$27,083
Fees for Services Other$4,575-$493$5,068
Conferences and Meetings$3,166--$3,166
Fees for Services Accounting-$1,635-$1,635
Office Expenses-$72-$72
Other Expenses$461$50-$50
Total Functional Expenses$159,410$1,757$493$161,660
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A committee of the board of directors reviews the form 990. The financial data on form 990 is reconciled to the financial information on the financial statements. The non-financial information such as questions concerning governance, policies and tax compliance are reviewed to ensure that they are accurately answered.

Form 990, Part VI, Section B, Line 12C

The organization requires officers, directors, and key workers to disclose annually interests that could give rise to conflicts. Disclosures are reviewed by an appointed director and are presented to the board of directors annually.

Form 990, Part VI, Section C, Line 19

All governing documents available for inspection by the public at the organization's office during normal business hours.

Filing and Contact Details

Filer

Filer Name
Math for America Boston Inc
EIN
27-1240064
Phone
6173582388
Address
111 CUMMINGTON MALL, BOSTON, MA 02215

Signing Officer

Name
Steven Rosenberg
Title
Treasurer
Phone
6173582388
Signed
2018-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Rosenberg
Formed
2009
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Gosule Butkus & Jesson Llp
Address
480 ADAMS STREET, MILTON, MA 02186
Preparer
James L Oslin CPA
Phone
6176983950
Supplemental Narrative

Additional Explanations

Schedule O Additional Information

Part iii, line 4(a) math for america boston (mfa-boston) is a collaboration with boston university, boston college, and the educational development center (edc). With support from the national science foundation (nsf) robert noyce scholarship program, the national math for america program, and private donations, mfa-boston offers a master teacher fellowship program, a teaching fellowship program for new teachers, and professional development programs which benefit both fellows and other boston area teachers of mathematics. Estimating that about 150 students are taught by each fellow each year, the corps of 34 mfa boston fellows directly impacts about 5,100 high-needs boston area students each year. Many more boston area students are influenced through the master teachers' mentoring of other teachers and through their creation of innovative curriculum and professional development. In 2017, mfa-boston supported 8 fellows with promys' tuition payments and a scholarship for one student at worcester polytechnic institute. Mfa-boston directors, professors stevens and rosenberg, are co-principal investigators of the boston university grant and mfa-boston director sol friedberg is co-principal investigator of the boston college grant. Noyce grant funds go to the university partner - so these grant funds are not directly reflected in the financial records of mfa-boston. Instead, mfa-boston covers fellowship costs not covered by the noyce grants and, for the boston university fellows, mfa-boston will cover all costs when the grant ended prematurely in 2015 due to cuts mandated by sequestration (please see note on board designated account below). Four key distinguishing features of mfa-boston: 1) mfa-boston focuses on the inability of teachers to teach mathematics if they have little training in, and understanding of, mathematics. So, mfa-boston recruits graduates with strong backgrounds in mathematics and requires fellows to take graduate courses in mathematics, as well as in the teaching of mathematics. This results in teachers with deep mathematical understanding which translates into greater student understanding; 2) all mfa-boston fellows participate in the rigorous promys for teachers (pft) program: a full-time six-week summer immersion in mathematical problem solving followed by up to five school-year workshops run by the award-winning mfa-boston partner edc, to help teachers translate the mathematical insights of pft into improved student learning in the classroom; 3) mfa-boston creates a rare and mutually respectful environment in which classroom teachers and professional mathematicians work together to improve student learning; and 4) all mfa-boston fellows commit to at least four years of teaching in high needs boston area public schools. The mfa-boston master teacher program retains excellent teachers in boston area classrooms by providing exceptional practicing mathematics teachers with scholarships for advanced courses, professional development, leadership training, and salary supplements over four years. Expert facilitators run 15 hours of mathematical practice seminars (mps). Master teachers develop teaching materials, mentor early career teachers, share best practices, and design and lead workshops. They also engage in local and national leadership and acquire a respected voice in their profession. Master teachers earn their stipends and stay in the classroom. Today 85% of math for america fellows are still teaching after five years, compared to a national average among mathematics teachers of only about 50%. Mfa-boston teaching fellows receive scholarships for a masters degree in education (leading to teacher licensure), along with first year living expense stipends and salary supplements during their first four years of teaching in high needs boston area public schools. Mfa-boston provides professional development which includes multiple classroom-based practicums and inquiry-based mathematical experiences, customized

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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BOARD DESIGNATED CASH FOR FELLOWSHIP PAYMENTS
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0GRANT TO BOSTON UNIVERSITY TO BE USED 8 BOSTON TEACHING FELLOWS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1SCHOLARSHIP TO 1 STUDENT AT WORCESTER POLYTECHNIC INSTITUTE
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE FORM 990. THE FINANCIAL DATA ON FORM 990 IS RECONCILED TO THE FINANCIAL INFORMATION ON THE FINANCIAL STATEMENTS. THE NON-FINANCIAL INFORMATION SUCH AS QUESTIONS CONCERNING GOVERNANCE, POLICIES AND TAX COMPLIANCE ARE REVIEWED TO ENSURE THAT THEY ARE ACCURATELY ANSWERED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REQUIRES OFFICERS, DIRECTORS, AND KEY WORKERS TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. DISCLOSURES ARE REVIEWED BY AN APPOINTED DIRECTOR AND ARE PRESENTED TO THE BOARD OF DIRECTORS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING DOCUMENTS AVAILABLE FOR INSPECTION BY THE PUBLIC AT THE ORGANIZATION'S OFFICE DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PART III, LINE 4(A) MATH FOR AMERICA BOSTON (MFA-BOSTON) IS A COLLABORATION WITH BOSTON UNIVERSITY, BOSTON COLLEGE, AND THE EDUCATIONAL DEVELOPMENT CENTER (EDC). WITH SUPPORT FROM THE NATIONAL SCIENCE FOUNDATION (NSF) ROBERT NOYCE SCHOLARSHIP PROGRAM, THE NATIONAL MATH FOR AMERICA PROGRAM, AND PRIVATE DONATIONS, MFA-BOSTON OFFERS A MASTER TEACHER FELLOWSHIP PROGRAM, A TEACHING FELLOWSHIP PROGRAM FOR NEW TEACHERS, AND PROFESSIONAL DEVELOPMENT PROGRAMS WHICH BENEFIT BOTH FELLOWS AND OTHER BOSTON AREA TEACHERS OF MATHEMATICS. ESTIMATING THAT ABOUT 150 STUDENTS ARE TAUGHT BY EACH FELLOW EACH YEAR, THE CORPS OF 34 MFA BOSTON FELLOWS DIRECTLY IMPACTS ABOUT 5,100 HIGH-NEEDS BOSTON AREA STUDENTS EACH YEAR. MANY MORE BOSTON AREA STUDENTS ARE INFLUENCED THROUGH THE MASTER TEACHERS' MENTORING OF OTHER TEACHERS AND THROUGH THEIR CREATION OF INNOVATIVE CURRICULUM AND PROFESSIONAL DEVELOPMENT. IN 2017, MFA-BOSTON SUPPORTED 8 FELLOWS WITH PROMYS' TUITION PAYMENTS AND A SCHOLARSHIP FOR ONE STUDENT AT WORCESTER POLYTECHNIC INSTITUTE. MFA-BOSTON DIRECTORS, PROFESSORS STEVENS AND ROSENBERG, ARE CO-PRINCIPAL INVESTIGATORS OF THE BOSTON UNIVERSITY GRANT AND MFA-BOSTON DIRECTOR SOL FRIEDBERG IS CO-PRINCIPAL INVESTIGATOR OF THE BOSTON COLLEGE GRANT. NOYCE GRANT FUNDS GO TO THE UNIVERSITY PARTNER - SO THESE GRANT FUNDS ARE NOT DIRECTLY REFLECTED IN THE FINANCIAL RECORDS OF MFA-BOSTON. INSTEAD, MFA-BOSTON COVERS FELLOWSHIP COSTS NOT COVERED BY THE NOYCE GRANTS AND, FOR THE BOSTON UNIVERSITY FELLOWS, MFA-BOSTON WILL COVER ALL COSTS WHEN THE GRANT ENDED PREMATURELY IN 2015 DUE TO CUTS MANDATED BY SEQUESTRATION (PLEASE SEE NOTE ON BOARD DESIGNATED ACCOUNT BELOW). FOUR KEY DISTINGUISHING FEATURES OF MFA-BOSTON: 1) MFA-BOSTON FOCUSES ON THE INABILITY OF TEACHERS TO TEACH MATHEMATICS IF THEY HAVE LITTLE TRAINING IN, AND UNDERSTANDING OF, MATHEMATICS. SO, MFA-BOSTON RECRUITS GRADUATES WITH STRONG BACKGROUNDS IN MATHEMATICS AND REQUIRES FELLOWS TO TAKE GRADUATE COURSES IN MATHEMATICS, AS WELL AS IN THE TEACHING OF MATHEMATICS. THIS RESULTS IN TEACHERS WITH DEEP MATHEMATICAL UNDERSTANDING WHICH TRANSLATES INTO GREATER STUDENT UNDERSTANDING; 2) ALL MFA-BOSTON FELLOWS PARTICIPATE IN THE RIGOROUS PROMYS FOR TEACHERS (PFT) PROGRAM: A FULL-TIME SIX-WEEK SUMMER IMMERSION IN MATHEMATICAL PROBLEM SOLVING FOLLOWED BY UP TO FIVE SCHOOL-YEAR WORKSHOPS RUN BY THE AWARD-WINNING MFA-BOSTON PARTNER EDC, TO HELP TEACHERS TRANSLATE THE MATHEMATICAL INSIGHTS OF PFT INTO IMPROVED STUDENT LEARNING IN THE CLASSROOM; 3) MFA-BOSTON CREATES A RARE AND MUTUALLY RESPECTFUL ENVIRONMENT IN WHICH CLASSROOM TEACHERS AND PROFESSIONAL MATHEMATICIANS WORK TOGETHER TO IMPROVE STUDENT LEARNING; AND 4) ALL MFA-BOSTON FELLOWS COMMIT TO AT LEAST FOUR YEARS OF TEACHING IN HIGH NEEDS BOSTON AREA PUBLIC SCHOOLS. THE MFA-BOSTON MASTER TEACHER PROGRAM RETAINS EXCELLENT TEACHERS IN BOSTON AREA CLASSROOMS BY PROVIDING EXCEPTIONAL PRACTICING MATHEMATICS TEACHERS WITH SCHOLARSHIPS FOR ADVANCED COURSES, PROFESSIONAL DEVELOPMENT, LEADERSHIP TRAINING, AND SALARY SUPPLEMENTS OVER FOUR YEARS. EXPERT FACILITATORS RUN 15 HOURS OF MATHEMATICAL PRACTICE SEMINARS (MPS). MASTER TEACHERS DEVELOP TEACHING MATERIALS, MENTOR EARLY CAREER TEACHERS, SHARE BEST PRACTICES, AND DESIGN AND LEAD WORKSHOPS. THEY ALSO ENGAGE IN LOCAL AND NATIONAL LEADERSHIP AND ACQUIRE A RESPECTED VOICE IN THEIR PROFESSION. MASTER TEACHERS EARN THEIR STIPENDS AND STAY IN THE CLASSROOM. TODAY 85% OF MATH FOR AMERICA FELLOWS ARE STILL TEACHING AFTER FIVE YEARS, COMPARED TO A NATIONAL AVERAGE AMONG MATHEMATICS TEACHERS OF ONLY ABOUT 50%. MFA-BOSTON TEACHING FELLOWS RECEIVE SCHOLARSHIPS FOR A MASTERS DEGREE IN EDUCATION (LEADING TO TEACHER LICENSURE), ALONG WITH FIRST YEAR LIVING EXPENSE STIPENDS AND SALARY SUPPLEMENTS DURING THEIR FIRST FOUR YEARS OF TEACHING IN HIGH NEEDS BOSTON AREA PUBLIC SCHOOLS. MFA-BOSTON PROVIDES PROFESSIONAL DEVELOPMENT WHICH INCLUDES MULTIPLE CLASSROOM-BASED PRACTICUMS AND INQUIRY-BASED MATHEMATICAL EXPERIENCES, CUSTOMIZED
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE O ADDITIONAL INFORMATION
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GOSULE BUTKUS & JESSON LLP
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