2024-10-22T09:48:05-05:00 2023-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 30 BRAINTREE HL OFFICE PARK STE 300 BRAINTREE MA 02184 990 2023-01-01 042721935 CONSORTIUM FOR MATHEMATICS AND ITS APPLICATIONS INC CONS 7818627878 175 MIDDLESEX TURNPIKE 3B BEDFORD MA 01730 KOMAL PATEL DIRECTOR OF FINANCE 7818627878 2024-10-21 1 1 AMANDA ADAMS P00748038 7813562000 2024-10-21 2023 2024-10-15 13:58:12Z KOMAL PATEL 175 MIDDLESEX TURNPIKE 3B BEDFORD MA 01730 3590657 0 X WWW.COMAP.ORG X 1980 MA TO IMPROVE MATHEMATICS EDUCATION FOR STUDENTS OF ALL AGES BY CREATING LEARNING ENVIRONMENTS WHERE MATHEMATICS IS USED TO INVESTIGATE AND MODEL REAL ISSUES IN OUR WORLD. 7 6 10 0 0 0 65752 750 2901858 2756157 235172 187937 77025 14517 3279807 2959361 0 50000 0 0 1024414 1292852 0 0 0 1884995 1844038 2909409 3186890 370398 -227529 6013387 6205399 923162 793173 5090225 5412226 X TO IMPROVE MATHEMATICS EDUCATION FOR STUDENTS OF ALL AGES BY CREATING LEARNING ENVIRONMENTS DESIGNED TO INCREASE STUDENT PROFICIENCY IN USING MATHEMAITICS TO INVESTIGATE AND MODEL REAL WORLD ISSUES IN OUR WORLD. 0 0 1533941 50000 2668936 CONTESTS (MODELING CONTEST IN MATH): THE ORGANIZATION RUNS SEVERAL INTERNATIONAL CONTESTS FOR STUDENTS, EACH PROVIDING OPPORTUNITIES FOR TEAMS OF STUDENTS TO COLLABORATE ON AN OPEN ENDED MATHEMATICAL MODELING PROBLEM. THESE COMPETITIONS ATTRACT 90,000 TEAM ENTRIES ANNUALLY FROM AROUND THE WORLD. THE MATHEMATICAL CONTEST IN MODELING AND THE INTERDISCIPLINARY CONTEST IN MODELING ARE FOR TEAMS OF UP TO THREE UNDERGRADUATE STUDENTS, WHEREAS THE MIDDLE MATHEMATICAL CONTEST IN MODELING AND HIGH SCHOOL. MATHEMATICAL CONTEST IN MODELING ARE FOR TEAMS OF UP TO FOUR MIDDLE- OR HIGH-SCHOOL AGED STUDENTS. THE INTERNATIONAL MATHEMATICAL MODELING CHALLENGE ALLOWS TWO TEAMS FROM EACH PARTICIPATING COUNTRY/REGION TO COMPETE. TEAMS WORK TO SOLVE A REAL-WORLD APPLICATION PROBLEM AND SUBMIT A REPORT THAT IS EVALUATED BY PANELS OF EXPERT JUDGES. STUDENTS DEVELOP INTERPERSONAL SKILLS THROUGH TEAMWORK, DEVELOP TECHNICAL WRITING AND COMMUNICATION SKILLS, AND DEVELOP THEIR PROBLEM SOLVING ACUMEN. 348628 101360 PUBLIC INFORMATION, DISSEMINATION AND OUTREACH SALES AND MARKETING EFFORTS WHICH FOCUS ON PROMOTING MATHEMATICS AND ITS APPLICATIONS THROUGH WEBSITE - SOCIAL MEDIA, AND OUTREACH AT CONFERENCES. 91442 SPECIAL PROJECTS - CIM (CERTIFICATE IN MODELING): COMAP IS FUNDING RESEARCH AND DEVELOPMENT ACTIVITY FOCUSED ON THE PRODUCTION OF TWO CERTIFICATE PROGRAMS, ONE FOR EDUCATORS AND ONE FOR INDUSTRY PROFESSIONALS. THE PURPOSE IS TO CREATE PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR PEOPLE TO GAIN A BETTER UNDERSTANDING OF MATHEMATICAL MODELING. 180592 OUTREACH AND OTHER SMALL PROJECTS 180592 2154603 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 272 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X KOMAL PATEL 7818627878 175 MIDDLESEX TURNPIKE STE 3B BEDFORD MA 01730 X ERIC ROBINSON PRESIDENT 5.00 X X 0 0 0 TOM FERRIO TREASURER 5.00 X X 0 0 0 CATHERINE ROBERTS CEO 35.00 X X 140117 0 23101 DIANE J BRIARS CLERK 5.00 X X 0 0 0 MARGARET COZZENS TRUSTEE 5.00 X 0 0 0 RUFUS GLASPER TRUSTEE 5.00 X 0 0 0 STEVE RASMUSSEN TRUSTEE 5.00 X 0 0 0 SOLOMON GARFUNKEL EXECUTIVE DIRECTOR 35.00 X X 338694 0 42017 PAUL KEHLE DIRECTOR OF EDUCATION 35.00 X 96349 0 0 KOMAL PATEL DIRECTOR OF FINANCE 35.00 X 104227 0 9525 RAFAEL ARAGON SALES/MARKETING EMPLOYEE 35.00 X 115201 0 29251 JOHN TOMICEK DIRECTOR OF IT/CONTEST COORDINATOR 35.00 X 118457 0 23652 913045 0 127546 5 0 1 0 0 750 750 CONTEST FEES 611710 2668936 2668936 MEMBERSHIP DUES 900099 52945 52945 ROYALTIES 900099 34276 34276 2756157 165953 165953 640485 618501 21984 21984 21984 26934 12795 14139 14139 378 378 378 2959361 2770296 0 188315 X 10000 10000 40000 40000 754030 356826 397204 138577 138577 256125 98137 157988 23649 13380 10269 35369 20762 14607 85102 44228 40874 10555 10555 26907 26907 40484 40484 1162429 1006120 156309 18931 10246 8685 56218 50683 5535 22073 22073 72910 72910 67309 59927 7382 200899 156559 44340 5189 5189 CREDIT CARD FEES 141183 122137 19046 COMMUNICATIONS 11343 11343 LICENSES & FEES 7608 4948 2660 3186890 2154603 1032287 0 538382 312227 30863 359853 38417 18791 2811 2771 41076 41076 0 0 5082599 5262936 320315 248821 6013387 6205399 209449 148716 388586 388853 325127 255604 923162 793173 X 5090225 5412226 5090225 5412226 6013387 6205399 -227529 549530 0 X 0 1 X 1 0 X 3002910 2450946 2919371 65752 750 8439729 2927614 2783091 5710705 3002910 2450946 2919371 2993366 2783841 14150434 0 4774 4774 4774 4774 14145660 161821 125126 143144 182775 165953 778819 161821 125126 143144 182775 165953 778819 817 378 1195 3165548 2576072 3062515 3176141 2950172 14930448 0.94740 0.94230 0.05220 0.05690 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2019 AMOUNT: $ 817. 2023 AMOUNT: $ 378. 5112674 696869 200000 5609543 6090059 -977385 5112674 4773004 1317055 6090059 4129965 643039 4773004 2995733 1134192 4129965 1.00000 0.00000 0.00000 0 0 41076 41076 0 0 OPERATING LEASE LIABILITY 255604 255604 X 3481202 549530 549530 2931672 40484 -12795 27689 2959361 3159201 12795 12795 3146406 40484 40484 3186890 PART V, LINE 4: THE BOARD-DESIGNATED FUNDS ARE FUNDS SET ASIDE BY THE BOARD FOR FUTURE PURPOSES APPROVED BY THE BOARD. FUTURE PURPOSES INCLUDE BOTH PROGRAM AND ADMINISTRATIVE EXPENSES, THE FUNDING OF MODEST GRANTS AND OTHER SHORT-TERM INITIATIVES THAT SUPPORT THE MISSION OF THE ORGANIZATION. PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ASC TOPIC INCOME TAXES. THIS TOPIC PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PROCESS FOR FINANCIAL STATEMENT RECOGNITION OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE TOPIC ALSO PROVIDES GUIDANCE ON RECOGNITION, DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AT DECEMBER 31, 2023 AND 2022, MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS NO MATERIAL UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -12,795. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 12,795. 1 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 40000 0 0 0 0 0 0 40000 0 40000 SCHOLARSHIPS EAST ASIA AND THE PACIFIC 16 40000 CHECK 0 0 0 0 0 0 PART I, LINE 2: COMAP AWARDS SCHOLARSHIPS TO TOP-PERFORMING STUDENTS IN THE CONTEST. RECIPIENT MUST CONFIRM THE INTENDED USE OF THE FUNDS WHEN COMPLETING THE SCHOLARSHIP AWARD PAYMENT FORM BEFORE THE PAYMENTS ARE MADE. 1 SCHOLARSHIPS 4 10000 PART I, LINE 2: COMAP AWARDS SCHOLARSHIPS TO TOP-PERFORMING STUDENTS IN THE CONTEST. RECIPIENT MUST CONFIRM THE INTENDED USE OF THE FUNDS WHEN COMPLETING THE SCHOLARSHIP AWARD PAYMENT FORM BEFORE THE PAYMENTS ARE MADE. X 0 0 0 0 0 0 0 0 0 SOLOMON GARFUNKEL EXECUTIVE DIRECTOR 338694 0 0 0 0 0 16953 0 25064 0 380711 0 0 0 CATHERINE ROBERTS CEO 140117 0 0 0 0 0 5262 0 17839 0 163218 0 0 0 RAFAEL ARAGON FAMILY MEMBER OF OFFICER 138577 EMPLOYEE OF THE ORGANIZATION 0 FORM 990, PART VI, SECTION A, LINE 4 THE FOLLOWING CHANGES WERE MADE TO THE BYLAWS: ARTICLE II - WAS UPDATED TO NO VOTING MEMBERS. ARTICLE IV - SECTION 8 WAS REMOVED, NO MORE PROXY VOTING. ARTICLE XI - SECTIONS 4 THROUGH 8 WERE ADDED. SECTION 4: BOOKS AND RECORDS THE CORPORATION SHALL KEEP AT THE PRINCIPAL OFFICE OF THE CORPORATION CORRECT AND COMPLETE BOOKS AND RECORDS OF ACCOUNT; MINUTES OF THE PROCEEDINGS OF BOARD OF TRUSTEES; AND A REGISTER OF THE NAMES AND ADDRESSES OF THE TRUSTEES OF THE CORPORATION, AND THESE MAY BE MAINTAINED IN ELECTRONIC FORMAT AS APPROPRIATE PROVIDED THAT ADEQUATE BACKUP AND SECURITY METHODS ARE EMPLOYED. ALL BOOKS, AND RECORDS, IN WHATEVER FORMAT, OF THE CORPORATION MAY BE INSPECTED BY ANY TRUSTEE, OR AGENT, OR ATTORNEY THEREOF, FOR ANY PROPER PURPOSE AT ANY REASONABLE TIME. SECTION 5: RESTRICTIONS ON ACTIVITIES NO PART OF THE NET EARNINGS OF THE CORPORATION SHALL INURE TO THE BENEFIT OF, OR BE DISTRIBUTABLE TO ITS TRUSTEES, OFFICERS, OR OTHER PRIVATE PERSONS, EXCEPT THAT THE CORPORATION SHALL BE AUTHORIZED AND EMPOWERED TO PAY REASONABLE COMPENSATION FOR SERVICES RENDERED AND TO MAKE PAYMENTS AND DISTRIBUTIONS IN FURTHERANCE OF THE PURPOSES OF THE CORPORATION. NO SUBSTANTIAL PART OF THE ACTIVITIES OF THE CORPORATION SHALL BE THE CARRYING ON OF PROPAGANDA, OR OTHERWISE ATTEMPTING, TO INFLUENCE LEGISLATION, AND THE CORPORATION SHALL NEITHER PARTICIPATE NOR INTERVENE IN (INCLUDING BY PUBLISHING OR DISTRIBUTING STATEMENTS) ANY POLITICAL CAMPAIGN ON BEHALF OF ANY CANDIDATE FOR PUBLIC OFFICE. NOTWITHSTANDING ANY OTHER PROVISION OF THESE BYLAWS, NEITHER THE CORPORATION NOR ANY TRUSTEE, OFFICER, EMPLOYEE, AGENT, OR ANY OTHER PERSON/REPRESENTATIVE ACTING ON BEHALF OF THE CORPORATION SHALL CARRY ON ANY OTHER ACTIVITIES NOT PERMITTED TO BE CARRIED ON (A) BY A CORPORATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE CODE OR (B) BY A CORPORATION CONTRIBUTIONS TO WHICH ARE DEDUCTIBLE UNDER SECTION 170(C)(2) OF THE CODE. SECTION 6: DISSOLUTION IN THE EVENT OF DISSOLUTION OF THE CORPORATION, THE BOARD OF TRUSTEES SHALL, AFTER PAYING OR MAKING PROVISIONS FOR THE PAYMENT OF ALL OF THE LIABILITIES OF THE CORPORATION TO THE EXTENT ASSETS OF THE CORPORATION PERMIT, DISPOSE OF ALL THE ASSETS OF THE CORPORATION EXCLUSIVELY FOR THE PURPOSES OF THE CORPORATION, AS THE BOARD OF TRUSTEES SHALL DETERMINE, IN SUCH MANNER AS REQUIRED BY SECTION 501(C)(3) OF THE CODE AND IN ACCORDANCE WITH THE LAWS OF THE COMMONWEALTH OF MASSACHUSETTS. SECTION 7: CONFLICTS OF INTEREST WHENEVER A TRUSTEE OR OFFICER HAS A FINANCIAL OR PERSONAL INTEREST IN ANY MATTER COMING BEFORE THE BOARD OF TRUSTEES, THE AFFECTED PERSON SHALL A) FULLY DISCLOSE THE NATURE OF THE INTEREST AND B) WITHDRAW FROM DISCUSSION, LOBBYING, AND VOTING ON THE MATTER. ANY TRANSACTION OR VOTE INVOLVING A POTENTIAL CONFLICT OF INTEREST SHALL BE APPROVED ONLY WHEN A MAJORITY OF DISINTERESTED TRUSTEES DETERMINE THAT IT IS IN THE BEST INTEREST OF THE CORPORATION. THE MINUTES OF MEETINGS AT WHICH SUCH VOTES ARE TAKEN SHALL RECORD SUCH DISCLOSURE, ABSTENTION AND RATIONALE FOR APPROVAL. SECTION 8: PERSONAL LIABILITY NO OFFICER OR TRUSTEE OF THE CORPORATION SHALL BE PERSONALLY LIABLE TO THE CORPORATION FOR MONETARY DAMAGES FOR OR ARISING OUT OF A BREACH OF FIDUCIARY DUTY AS AN OFFICER OR TRUSTEE NOTWITHSTANDING ANY PROVISION OF LAW IMPOSING SUCH LIABILITY; PROVIDED, HOWEVER, THAT THE FOREGOING SHALL NOT ELIMINATE OR LIMIT THE LIABILITY OF AN OFFICER OR TRUSTEE TO THE EXTENT THAT SUCH LIABILITY IS IMPOSED BY APPLICABLE LAW (I) FOR A BREACH OF THE OFFICER'S OR TRUSTEE'S DUTY OF LOYALTY TO THE CORPORATION, (II) FOR ACTS OR OMISSIONS NOT IN GOOD FAITH OR WHICH INVOLVE INTENTIONAL MISCONDUCT OR A KNOWING VIOLATION OF THE LAW, OR (III) FOR ANY TRANSACTION FROM WHICH THE OFFICER OR TRUSTEE DERIVED AN IMPROPER PERSONAL BENEFIT. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY OFFICERS OF THE BOARD OF DIRECTORS BEFORE IT IS FILED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY AND MANAGEMENT AND THE BOARD OF DIRECTORS MONITOR ENFORCEMENT THROUGHOUT THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 OFFICER COMPENSATION IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. THE COMMITTEE USES BASELINE DATA FROM PAST YEARS AND COMPENSATION INCREASES ARE THEN CALCULATED, IF FUNDS ARE AVAILABLE. THE BOARD OF DIRECTORS HAVE FINAL VOTE ON INCREMENT AMOUNTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. PART VII, SECTION A: DURING 2023, $120,844 WAS PAID BY THE ORGANIZATION TO HOBERT & WILLIAM SMITH COLLEGE AS PART OF A COURSE BUYOUT. THIS AMOUNT WAS SUBSEQUENTLY PAID TO PAUL KEHLE BY HOBERT & WILLIAM SMITH COLLEGE. THIS AMOUNT HAS NOT BEEN REFLECTED IN PART VII. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 1,006,120. MANAGEMENT AND GENERAL EXPENSES 68,637. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,074,757. RECRUITMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 83,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 83,000. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,672. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,672.