Civic Intelligence

Math Medic Foundation

990EZ • Fiscal year 2023 • EIN 87-2885249

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 04, 2024

5597 W Meadow Grove Dr SEKentwood, MI 49512

(616) 209-9168

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • NTEE B90 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • NTEE B90 • <$500k nonprofits • Source year 2023

Net Margin

72nd percentile

30%

Higher net margin than 72% of similar nonprofits.

2023 filings • NTEE B90 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$9,980

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 11.5% of source-year revenue.

2023 filings • NTEE B90 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$60,828

No earlier filing loaded for comparison.

Net Assets

$60,828

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$86,592

No earlier filing loaded for comparison.

Expenses

$60,706

No earlier filing loaded for comparison.

Net Income

$25,886

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2023: $60,828Liabilities 2023: $0Net Assets 2023: $60,8282023Assets 2024: $52,911Liabilities 2024: $0Net Assets 2024: $52,9112024Assets 2025: $171,994Liabilities 2025: $0Net Assets 2025: $171,9942025

Highlighted filing

2023

Assets$60,828
Liabilities$0
Net Assets$60,828

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2023: $86,592Expenses 2023: $60,706Net Income 2023: $25,8862023Revenue 2024: $56,440Expenses 2024: $64,357Net Income 2024: -$7,9172024Revenue 2025: $276,414Expenses 2025: $157,815Net Income 2025: $118,5992025

Highlighted filing

2023

Revenue$86,592
Expenses$60,706
Net Income$25,886
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 4, 2024
Return Version
2023v4.0
Gross Receipts
$86,862
Mission and Program Overview

Mission

Empowering students teachers and schools with resources that increase equitable access to high-quality mathematics education.

Charitable purposes related to education

Program Services

DescriptionGrantsExpenses
Math Medic Foundation awards scholarships to high school seniors from underprivileged backgrounds who wish to pursue mathematics degrees andor math-related employment after high school$38,000$30
Math Medic Foundation awards grants to teachers who serve underprivileged students for mathematical resources andor professional development$1,400-
Math Medic Foundation awards grants to schools which serve underprivileged students for mathematical resources$1,159-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter GrosticExecutive DirectorPT$9,980-$9,980
Luke WilcoxBoard President-$0--
Lindsey GallasBoard Treasurer-$0--
Sarah StecherBoard Secretary-$0--
Filing and Contact Details

Filer

Filer Name
Math Medic Foundation
EIN
87-2885249
Phone
6162099168
Address
5597 W MEADOW GROVE DR SE, KENTWOOD, MI 49512

Signing Officer

Name
Peter Grostic
Title
Executive Director
Phone
0000000000
Signed
2024-03-04
Supplemental Narrative

Additional Explanations

Schedule O:

Grants and similar amounts paid: 1. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 2. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $4,000 3. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 4. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 5. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $4,000 6. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 7. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 8. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 9. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 10, Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 11. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 12. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 13. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 14. Scholarship to high school senior in York, Pennsylvania, to help pay for college - $2,000 15. Scholarship to high school senior in Freeport, Texas, to help pay for college - $2,000 16. Scholarship to high school senior in El Paso, Texas, to help pay for college - $4,000 17. Grant to teacher in San Jose, California for mathematics supplies - $358.78 18. Grant to elementary school in San Jose, California for a math festival - $800 19. Grant to teacher in Blackfoot, Idaho, for mathematics supplies - $261.62 20. Grant to teacher in Fredericksburg, Virginia, for mathematics professional development - $279 21. Grant to teacher in Chesapeake, Virginia, for mathematics professional development - $175 22. Grant to teacher in Lake City, Michigan, for mathematics supplies - $683.97 Other expenses: 1. Web domain for 2 years - $45.34 2. Client management system for 12 months - $1,188 3. Typeform survey creator for 12 months - $292.90 4. Smarter Select application management software for 12 months - $2,000 5. Website upgrades, including new editing console - $4,500 6. Email account for 12 months - $61.32 7. Online donation fees - $112.48 8. Quickbooks for 1 month - $15 9. Payroll services for 4 pay periods - $206.15 10. State of Michigan organization filing fee - $20 11. Voided check bank fee - $30

Raw XML Appendix173 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Grants and similar amounts paid: 1. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 2. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $4,000 3. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 4. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 5. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $4,000 6. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 7. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 8. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 9. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 10, Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 11. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 12. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 13. Scholarship to high school senior in Kent County, Michigan, to help pay for college - $2,000 14. Scholarship to high school senior in York, Pennsylvania, to help pay for college - $2,000 15. Scholarship to high school senior in Freeport, Texas, to help pay for college - $2,000 16. Scholarship to high school senior in El Paso, Texas, to help pay for college - $4,000 17. Grant to teacher in San Jose, California for mathematics supplies - $358.78 18. Grant to elementary school in San Jose, California for a math festival - $800 19. Grant to teacher in Blackfoot, Idaho, for mathematics supplies - $261.62 20. Grant to teacher in Fredericksburg, Virginia, for mathematics professional development - $279 21. Grant to teacher in Chesapeake, Virginia, for mathematics professional development - $175 22. Grant to teacher in Lake City, Michigan, for mathematics supplies - $683.97 Other expenses: 1. Web domain for 2 years - $45.34 2. Client management system for 12 months - $1,188 3. Typeform survey creator for 12 months - $292.90 4. Smarter Select application management software for 12 months - $2,000 5. Website upgrades, including new editing console - $4,500 6. Email account for 12 months - $61.32 7. Online donation fees - $112.48 8. Quickbooks for 1 month - $15 9. Payroll services for 4 pay periods - $206.15 10. State of Michigan organization filing fee - $20 11. Voided check bank fee - $30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule O:
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Peter Grostic
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum00000000000
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MATH MEDIC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MATH
ReturnHeader/Filer/EIN0872885249
ReturnHeader/Filer/PhoneNum06162099168
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ReturnHeader/Filer/USAddress/CityNm0KENTWOOD
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ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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