Mathpath

Education · Grand Rapids, Michigan

129 Luray Ave Nw, Grand Rapids, MI 49504-5940

EIN: 201290489· Founded: Feb 2005· 21 years active· Filing Year: 2023

Annual Revenue

$1.1M

Total Expenses

$757K

Total Assets

$2.8M

Program Spending

87%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$18K

2.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$191K

Total Payroll

$209K

28% of total expenses

Where the Money Goes

87%

Programs: 87%

Payroll: 28%

Other overhead: 13%

Program Revenue$659K (62%)

Total Expenses$757K (71%)

Payroll$209K (28%)

Overhead (non-program)13%

Trust Score Breakdown

Program Spending Ratio

87% of expenses go to programs

40%

Revenue & Stability

$1.1M annual revenue

15%

Executive Compensation

$18K total officer comp (2.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$2.8M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.