NonprofitsArt Of Problem Solving Initiative Inc

Art Of Problem Solving Initiative Inc

NEW YORK, NY

Total revenue

$10.3M

Total expenses

$8.1M

Net assets

$15.6M

Grants received

$25.5M

100 grants

EIN

201239616

Tax year

2023

Mission

The art of problem solving initiative, inc. Advances mathematics education by providing opportunities for advanced study.

Programs

1 program

Usa mathematical talent search (usamts)- is a national math competition for middle and high school students to promote advanced mathematical problem-solving skills and education. The usamts encourages students to learn advanced mathematical writing skills. The usamts competition is open to the general public. On average a total of 600 to 700 middle and high school students participate in the usamts.

Expenses: $63K

Financials

FY 2023

Revenue

Contributions & grants$10.1M
Program service revenue
Investment income$194K
Other revenue
Total revenue$10.3M

Expenses

Grants paid$122K
Salaries & benefits$5.6M
Fundraising$955K
Other expenses$2.4M
Total expenses$8.1M
Total assets$15.9M
Net assets$15.6M

People

17 listed

NameRoleCompensation

DANIEL ZAHAROPOL

CHIEF EXECUTIVE OFFICER

Board

$226K

40 hrs/wk

RICHARD IANDOLI

CHIEF FINANCIAL OFFICER

Board

$162K

40 hrs/wk

EDRAY GOINS PHD

CHAIR

Board

3 hrs/wk

NANAYAA DADSON

TREASURER

Board

1 hrs/wk

DARRYL HILL

SECRETARY

Board

1 hrs/wk

RICHARD RUSCZYK

DIRECTOR

Board

1 hrs/wk

KENNETH BARON

DIRECTOR

Board

2.5 hrs/wk

JEFFREY HOFFMAN

DIRECTOR

Board

1 hrs/wk

KRISTIN KEARNS-JORDAN

DIRECTOR

Board

1 hrs/wk

KIRAN KEDLAYA PHD

DIRECTOR

Board

1 hrs/wk

SANDOR LEHOCZKY

DIRECTOR

Board

1 hrs/wk

SUSAN WILDSTROM

DIRECTOR

Board

1 hrs/wk

FELIX FLORES

CHIEF GROWTH OFFICER

Staff

$189K

40 hrs/wk

MELISSA GILLIS

CHIEF ADVANCEMENT OFFICER

Staff

$165K

40 hrs/wk

BETANIA TIBURCIO

CHIEF OPERATING OFFICER

Staff

$161K

40 hrs/wk

LYNN CARTWRIGHT-PUNNETT

SENIOR DIRECTOR, PROGRAM DESIGN

Staff

$143K

40 hrs/wk

JACOB CASTANEDA

FORMER EXECUTIVE DIRECTOR, NY PROGRAMS

Staff

$103K

40 hrs/wk

Independent contractors

COMMUNITY COUNSELLING SERVICE CO

FUNDRAISING CONSULTING

$260K

PEPPERDINE UNIVERSITY

FACILITIES, ROOM AND BOARD

$113K

Grants received

Showing 100 of 100

FromAmountPurposeYear
$300K
SKILLS - INVESTMENT TO EQUIP YOUNG PEOPLE WITH SKILLS, TRAINING, AND EXPERIENCES TO THRIVE PERSONALLY AND PROFESSIONALLY
2024
$300K
TO SUPPORT STUDENTS INTERESTED IN MAJORING IN STEM BY ADDING COLLEGE SUCCESS ACTIVITIES TO AN ADVANCED MATHEMATICS ENRICHMENT PROGRAM
2024
$50K
SUMMER AWAY PROGRAM NEW YORK
2024
$20K
COMMUNITY & HUMAN SERVICES
2024
$20K
FTBNL SUPPORT OF BRIDGE TO ENTER ADVANCED MATHEMATICS (BEAM) SUMMER AWAY PROGRAM IN NEW YORK
2024
$10K
EPSILON FUND - ANNUAL SUPPORT
2024
$10K
GENERAL PURPOSE
2024
$3.1M
For grant recipient's exempt purposes
2023
$1.8M
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$1.3M
UNRESTRICTED GENERAL SUPPORT
2023
$1M
GENERAL OPERATING SUPPORT
2023
$300K
SKILLS - INVESTMENT TO EQUIP YOUNG PEOPLE WITH SKILLS, TRAINING, AND EXPERIENCES TO THRIVE PERSONALLY AND PROFESSIONALLY
2023
$150K
SUPPORT BEAM DISCOVERY IN NEW YORK
2023
$150K
TO HELP FURTHER EDUCATION IN ADVANCED MATHHETICS EDUCATION FOR LOW-INCOME STUDENTS IN MIDDLE AND HIGH SCHOOL.
2023
$100K
CHARITABLE DONATION
2023
$75K
Bridge to Enter Advanced Mathematics
2023
$50K
TO SUPPORT THE BEAM DISCOVERY AND BEAM SUMMER AWAY PROGRAMS WHICH PROVIDE UNDERREPRESENTED YOUNG PEOPLE ACCESS TO INTENSIVE INSTRUCTION IN CONCEPTUAL MATH
2023
$20K
COMMUNITY & HUMAN SERVICES
2023
$11K
EPSILON FUND - ANNUAL SUPPORT
2023
$10K
Charitable purposes
2023
$10K
GENERAL PURPOSE
2023
$6K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2023
$3K
GENERAL SUPPORT
2023
$1.4M
For grant recipient's exempt purposes
2022
$1.3M
ENTITY SUPPORT
2022
$883K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$500K
SKILLS - INVESTMENT TO EQUIP YOUNG PEOPLE WITH SKILLS, TRAINING, AND EXPERIENCES TO THRIVE PERSONALLY AND PROFESSIONALLY
2022
$500K
UNRESTRICTED GENERAL SUPPORT
2022
$150K
TO HELP FURTHER EDUCATION IN ADVANCED MATHHETICS EDUCATION FOR LOW-INCOME STUDENTS IN MIDDLE AND HIGH SCHOOL.
2022
$150K
SUPPORT NEW YORK-BASED BEAM DISCOVERY SITES PROGRAMMING.
2022
$121K
GENERAL SUPPORT
2022
$100K
CHARITABLE DONATION
2022
$75K
PROGRAM SERVICES SUPPORT
2022
$50K
TO SUPPORT THE BEAM DISCOVERY AND BEAM SUMMER AWAY PROGRAMS WHICH PROVIDE UNDERREPRESENTED YOUNG PEOPLE ACCESS TO INTENSIVE INSTRUCTION IN CONCEPTUAL MATH
2022
$50K
TO PROVIDE RENEWED PARTIAL SUPPORT FOR THE BEAM 6 AND BEAM 7 PROGRAMS, INCLUDING COVID-SAFETY INFRASTRUCTURE FOR IN-PERSON ACTIVITIES
2022
$25K
GENERAL PURPOSE
2022
$20K
Charitable purposes
2022
$20K
COMMUNITY & HUMAN SERVICES
2022
$15K
EPSILON - ANNUAL SUPPORT
2022
$7K
General & Unrestricted
2022
$5K
UNRESTRICTED GENERAL SUPPORT
2022
$3K
GENERAL SUPPORT
2022
$1.2M
For grant recipient's exempt purposes
2021
$1.2M
For grant recipient's exempt purposes
2021
$1.1M
For recipient's exempt purpose
2021
$150K
SUPPORT NEW YORK-BASED BEAM DISCOVERY SITES OR VIRTUAL PROGRAMMING.
2021
$150K
TO HELP FURTHER EDUCATION IN ADVANCED MATHHETICS EDUCATION FOR LOW-INCOME STUDENTS IN MIDDLE AND HIGH SCHOOL.
2021
$20K
Charitable purposes
2021
$20K
PROGRAM SUPPORT SERVICES
2021
$16K
UNRESTRICTED
2021
$2K
GENERAL SUPPORT
2021
$1K
GENERAL SUPPORT
2021
$200
GENERAL OPERATING SUPPORT
2021
$1.7M
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$1.1M
For grant recipient's exempt purposes
2020
$300K
EDUCATION - TO IMPROVE STEM OPPORTUNITIES FOR YOUTH FROM MARGINALIZED COMMUNITIES IN LOS ANGELES
2020
$200K
SUPPORT NEW YORK-BASED BEAM DISCOVERY SITES OR VIRTUAL PROGRAMMING.
2020
$172K
TO HELP FURTHER EDUCATION IN ADVANCED MATHHETICS EDUCATION FOR LOW-INCOME STUDENTS IN MIDDLE AND HIGH SCHOOL.
2020
$100K
TO PROVIDE RENEWED PARTIAL SUPPORT FOR THE BEAM 6 PROGRAM
2020
$100K
PROGRAM EXPANSION
2020
$50K
BEAM
2020
$50K
After School & Summer Learning
2020
$41K
Emergency Support
2020
$15K
EPSILON-ANNUAL SUPPORT
2020
$15K
PROGRAM SUPPORT SERVICES
2020
$8K
Charitable purposes
2020
$200
EDUCATIONAL PROGRAMMING
2020
$100
TO SUPPORT THE COMMUNITY
2020
$890K
For grant recipient's exempt purposes
2019
$300K
UNRESTRICTED GENERAL SUPPORT
2019
$150K
TO PROVIDE NON-RESIDENTIAL, FIVE-WEEK SUMMER PROGRAMS AT TWO SITES IN NEW YORK CITY TO APPROXIMATELY 200 UNDERSERVED 6TH GRADE STUDENTS FROM NEW YORK CITY PUBLIC SCHOOLS WHO DEMONSTRATE TALENT IN MATH IN ORDER TO DEVELOP THEIR PASSION FOR MATH AND PREPARE THEM FOR ADVANCED STUDY IN MATHEMATICS.
2019
$125K
PROGRAM SUPPORT SERVICES
2019
$100K
TO HELP FURTHER EDUCATION IN ADVANCED MATHHETICS EDUCATION FOR LOW-INCOME STUDENTS IN MIDDLE AND HIGH SCHOOL.
2019
$308K
For grant recipient's exempt purposes
2018
$50K
TO HELP FURTHER EDUCATION IN ADVANCED MATHHETICS EDUCATION FOR LOW-INCOME STUDENTS IN MIDDLE AND HIGH SCHOOL.
2018
$254K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$25.5M from 39 funders · 100 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$9.3M · 8 grants · 2017–2023

Vanguard Charitable Endowment Program

$5.5M · 4 grants · 2020–2023

Carina Initiatives Inc

$2.3M · 2 grants · 2022–2023

Morgan Stanley Global Impact Funding Trust Inc

$2.1M · 4 grants · 2019–2023

The Eli And Edythe Broad Foundation

$1.4M · 4 grants · 2020–2024

Jack Kent Cooke Foundation

$800K · 6 grants · 2019–2023

Ann Theodore Foundation

$772K · 6 grants · 2018–2023

Arbor Brothers Inc Dba Arbor Rising

$695K · 7 grants · 2018–2024

Details

EIN201239616
Subsection03
Ruling date2004-12
Formed2004
Employees206
Volunteers17
ART OF PROBLEM SOLVING INITIATIVE INC — Mission, Financials & Grants Received | Grantivo