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Nonprofit · EIN 20-1239616

ART OF PROBLEM SOLVING INITIATIVE INC

Tax-exempt · NEW YORK, NY 10004

Financials

$7.6M$6.5M2022$10.3M$8.1M2023$11.8M$8.7M2024
Revenue Expenses · by fiscal year end
Financials of ART OF PROBLEM SOLVING INITIATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$11,781,568$8,677,594$3,103,974$19,440,415$396,007$19,044,408
May 31, 2024990$10,308,727$8,117,369$2,191,358$15,907,337$343,082$15,564,255
May 31, 2023990$7,630,346$6,475,584$1,154,762$13,036,680$221,898$12,814,782
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$11,561,252
of which government grants
$62,400
Program service revenue
$0
Investment income
$220,211
Other revenue
$105

Expenses

Grants and similar amounts paid
$119,198
Compensation of officers, directors and key employees
$1,240,068
Other salaries and wages
$4,129,102
Salaries, compensation and benefits (total)
$6,154,446
Professional fundraising fees
$0
Legal fees
$22,508
Accounting fees
$30,319
Occupancy
$356,488
Travel
$295,064
Program services (functional)
$6,467,066
Management and general (functional)
$1,272,248
Fundraising (functional)
$938,280

Balance sheet and other

Total assets, start of year
$15,907,337
Total assets, end of year
$19,440,415
Total liabilities, end of year
$396,007
Net assets, end of year
$19,044,408
Net assets without donor restrictions
$13,669,258
Net assets with donor restrictions
$5,375,150
Gross receipts
$11,781,568
Employees
234
Volunteers
17
Year formed
2004
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended May 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DANIEL ZAHAROPOLCHIEF EXECUTIVE OFFICER
Officer
40$237,245$7,729
FELIX FLORESCHIEF GROWTH OFFICER- FMR
Former
40$199,590$0
MELISSA GILLISCHIEF ADVANCEMENT OFFICER
Highest-paid employee
40$194,980$449
SAMIR BOLARCHIEF PROGRAM OFFICER
Highest-paid employee
40$171,670$18,339
BETANIA TIBURCIOCHIEF OPERATING OFFICER
Highest-paid employee
40$181,167$0
RICHARD IANDOLICHIEF FINANCIAL OFFICER
Officer
40$175,893$0
LYNN CARTWRIGHT-PUNNETTSENIOR DIRECTOR, PROGRAM DESIGN
Highest-paid employee
40$145,133$0
EDRAY GOINS PHDCHAIR
Trustee or director, Officer
3$0$0
KEN BARON PHDVICE CHAIR
Trustee or director, Officer
2.5$0$0
DARRYL HILL EDDSECRETARY
Trustee or director, Officer
1$0$0
NANAYAA DADSON PHDTREASURER
Trustee or director, Officer
1$0$0
LENNIN ANTUNISHDIRECTOR
Trustee or director
1$0$0
JEFF HOFFMANDIRECTOR
Trustee or director
1$0$0
NIKKI HO-SHINGDIRECTOR
Trustee or director
1$0$0
KRISTIN KEARNS-JORDANDIRECTOR
Trustee or director
1$0$0
5 more people on this return
NameTitleHours / weekCompensation
KIRAN KEDLAYA PHDDIRECTOR
Trustee or director
1$0
PRASHANT LALDIRECTOR
Trustee or director
1$0
SANDOR LEHOCZKYDIRECTOR
Trustee or director
1$0
RICHARD RUSCZYKDIRECTOR
Trustee or director
1$0
SUSAN WILDSTROMDIRECTOR
Trustee or director
1$0
990 for the year ended May 31, 2024: 17 people
NameTitleHours / weekCompensationOther / benefits
DANIEL ZAHAROPOLCHIEF EXECUTIVE OFFICER
Officer
40$226,073$7,276
FELIX FLORESCHIEF GROWTH OFFICER
Highest-paid employee
40$189,167$0
MELISSA GILLISCHIEF ADVANCEMENT OFFICER
Highest-paid employee
40$165,469$435
RICHARD IANDOLICHIEF FINANCIAL OFFICER
Officer
40$162,327$0
BETANIA TIBURCIOCHIEF OPERATING OFFICER
Highest-paid employee
40$160,500$0
LYNN CARTWRIGHT-PUNNETTSENIOR DIRECTOR, PROGRAM DESIGN
Highest-paid employee
40$143,167$0
JACOB CASTANEDAFORMER EXECUTIVE DIRECTOR, NY PROGRAMS
Former
40$102,881$12,621
EDRAY GOINS PHDCHAIR
Trustee or director, Officer
3$0$0
NANAYAA DADSONTREASURER
Trustee or director, Officer
1$0$0
DARRYL HILLSECRETARY
Trustee or director, Officer
1$0$0
RICHARD RUSCZYKDIRECTOR
Trustee or director
1$0$0
KENNETH BARONDIRECTOR
Trustee or director
2.5$0$0
JEFFREY HOFFMANDIRECTOR
Trustee or director
1$0$0
KRISTIN KEARNS-JORDANDIRECTOR
Trustee or director
1$0$0
KIRAN KEDLAYA PHDDIRECTOR
Trustee or director
1$0$0
SANDOR LEHOCZKYDIRECTOR
Trustee or director
1$0$0
SUSAN WILDSTROMDIRECTOR
Trustee or director
1$0$0
990 for the year ended May 31, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
DANIEL ZAHAROPOLCHIEF EXECUTIVE OFFICER
Officer
40$205,801$6,995
FELIX FLORESCHIEF GROWTH OFFICER
Highest-paid employee
40$167,180$0
BETANIA TIBURCIOCHIEF OPERATING OFFICER
Highest-paid employee
40$145,500$0
RICHARD IANDOLICHIEF FINANCIAL OFFICER
Officer
40$135,487$0
LYNN CARTWRIGHT-PUNNETTCHIEF PROGRAMS OFFICER
Highest-paid employee
40$134,500$0
MELISSA GILLISCHIEF ADVANCEMENT OFFICER
Highest-paid employee
40$116,496$232
RICHARD RUSCZYKPRESIDENT
Trustee or director, Officer
3$0$0
NANAYAA DADSONTREASURER
Trustee or director, Officer
1$0$0
DARRYL HILLSECRETARY
Trustee or director, Officer
1$0$0
JEFF HOFFMANDIRECTOR
Trustee or director
1$0$0
KRISTIN KEARNS-JORDANDIRECTOR
Trustee or director
1$0$0
KIRAN KEDLAYA PHDDIRECTOR
Trustee or director
1$0$0
SANDOR LEHOCZKYDIRECTOR
Trustee or director
1$0$0
PAUL SHERMANDIRECTOR
Trustee or director
1$0$0
SUSAN WILDSTROMDIRECTOR
Trustee or director
1$0$0
KEN BARONDIRECTOR
Trustee or director
1$0$0
EDRAY GOINS PHDDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
90 BROAD ST STE 902, NEW YORK, NY 10004-2281
In care of
% DANIEL ZAHAROPOL
Principal officer (990 for 2024)
DANIEL ZAHAROPOL, 90 BROAD STREET SUITE 902, NEW YORK, NY 10004
Signed the 990
DANIEL ZAHAROPOL, CHIEF EXECUTIVE OFFICER
Phone
(888) 264-2793
Return prepared by
JOHNSON O'CONNOR FERON & CARUCCI LLP

Mission

BEAM AIMS TO OPEN UP OPPORTUNITY FOR ALL STUDENTS AT THE HIGHEST LEVEL OF ACHIEVEMENT, TO INSTILL A GENUINE LOVE FOR MATHEMATICS, AND TO OPEN UP OPPORTUNITIES FOR FULFILLING, WELL-PAID CAREERS. TO OUR KNOWLEDGE, BEAM IS THE ONLY PROGRAM IN THE US PROVIDING LONG-TERM (10-YEAR), COMPREHENSIVE SUPPORT TO ENSURE SUCCESS IN ADVANCED MATH FOR KIDS FROM LOW-INCOME AND LOW-ACCESS BACKGROUNDS. OUR GOALS ARE TO PROVIDE ACADEMIC PREPARATION FOR ADVANCED MATHEMATICAL WORK; SOCIAL/EMOTIONAL SUPPORT SO STUDENTS ARE COMFORTABLE AND CONFIDENT WITH STEM IDENTITIES AND ENGAGING STEM COMMUNITIES; A COMMUNITY OF LIKE-MINDED PEERS INCLUDING STUDENTS, COUNSELORS, AND FACULTY IN WHOM OUR STUDENTS CAN SEE THEMSELVES REPRESENTED; AND GUIDANCE AND MENTORING TO SUPPORT STUDENTS IN SEEKING OUT FUTURE STEM OPPORTUNITIES.

990 for the year ended May 31, 2025

Program accomplishments

  • THE ART OF PROBLEM SOLVING INITIATIVE, INC. (THE ORGANIZATION), FORMERLY KNOWN AS "THE ART OF PROBLEM SOLVING FOUNDATION" WAS FORMED IN 2004. FROM 2004 THROUGH 2011, AOPSI WAS A SMALL, ALL-VOLUNTEER ORGANIZATION; WE RAN A NATIONAL MATH CONTEST AND SUPPORTED LOCAL UNIVERSITY-RUN MATH CIRCLES. BRIDGE TO ENTER ADVANCED MATHEMATICS (BEAM) WAS FOUNDED IN 2011 BY DANIEL ZAHAROPOL AND RAPIDLY BECAME AOPSI'S MAIN PRIORITY AS THE PROGRAM STARTED TO FIND REAL SUCCESS. BEAM WAS FOUNDED TO ADDRESS A LARGELY UNRECOGNIZED PROBLEM: WHILE AFFLUENT STUDENTS WITH TALENT IN MATH HAVE MANY OPPORTUNITIES TO RECEIVE INSTRUCTION IN DEEP ENRICHMENT MATHEMATICS, EVEN HIGH-ACHIEVING STUDENTS FROM MARGINALIZED COMMUNITIES TYPICALLY RECEIVE ONLY ROTE INSTRUCTION FOCUSED ON BASIC SKILLS. TOO FREQUENTLY, THEIR POTENTIAL GOES UNRECOGNIZED OR UNSUPPORTED.BEAM WAS LAUNCHED AS A SMALL 3-WEEK RESIDENTIAL SUMMER PROGRAM FOR 17 RISING 8TH GRADERS IN NEW YORK CITY. AS BEAM'S SUMMER PROGRAMS GREW, IN 2013, BEAM ALSO BEGAN TO PROVIDE SUPPORT AND RESOURCES TO STUDENTS DURING THE ACADEMIC YEAR, INCLUDING WEEKEND CLASSES AND DROP-IN OFFICE HOURS. IN 2018, BEAM EXPANDED TO LOS ANGELES AND CONTINUED TO GROW IN NYC. BEAM HAS NOW GROWN FROM RUNNING A SINGLE SUMMER CAMP TO RUNNING SIX SUMMER SITES SERVING ABOUT 420 STUDENTS EACH SUMMER AND PROVIDING YEAR-ROUND SUPPORT AND PROGRAMMING FOR 650 STUDENTS IN NEW YORK AND LOS ANGELES.THE ORGANIZATION FOCUSES ITS EFFORTS ON FOUR MAIN PROGRAMS: BRIDGE TO ENTER ADVANCED MATHEMATICS ("BEAM") DISCOVERY AND SUMMER AWAY, THE BEAM PATHWAY PROGRAM, AND ENTRY POINTS, A NEW NATIONAL INITIATIVE DESIGNED TO BRING BEAM PROGRAMS TO ELEMENTARY AND MIDDLE SCHOOLS ACROSS THE COUNTRY. IN 2020 WE LAUNCHED OUR FIRST NATIONAL PROGRAM TO REACH LOW-ACCESS STUDENTS ACROSS THE US. WHEN FULLY ROLLED OUT, THE PROGRAM AIMS TO SUPPORT THOUSANDS OF STUDENTS ACROSS THE COUNTRY BEGINNING IN 2ND GRADE AND CONTINUING THROUGH COLLEGE GRADUATION. MORE INFORMATION IS AVAILABLE AT WWW.BEAMMATH.ORG OR WILL BE PROVIDED UPON REQUEST.
    Expenses $6,375,110 · grants $119,198
  • 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 $91,956

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
20-1239616
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$19,440,415
Income (IRS master file)
$11,781,568

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$11,781,568$8,677,594$19,440,415XML
990May 2024$10,308,727$8,117,369$15,907,337XML
990May 2023$7,630,346$6,475,584$13,036,680XML
990May 2022$7,944,885$4,977,757$11,649,838IRS
990May 2021–––IRS
990May 2020–––IRS
990May 2019–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1239616).

Questions about ART OF PROBLEM SOLVING INITIATIVE INC

What is the EIN of ART OF PROBLEM SOLVING INITIATIVE INC?
The employer identification number (EIN) of ART OF PROBLEM SOLVING INITIATIVE INC is 20-1239616.
Is ART OF PROBLEM SOLVING INITIATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to ART OF PROBLEM SOLVING INITIATIVE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ART OF PROBLEM SOLVING INITIATIVE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ART OF PROBLEM SOLVING INITIATIVE INC due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ART OF PROBLEM SOLVING INITIATIVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of ART OF PROBLEM SOLVING INITIATIVE INC?
The 990 for the year ended May 31, 2025 names DANIEL ZAHAROPOL.
Who are the officers and directors of ART OF PROBLEM SOLVING INITIATIVE INC?
The 990 for the year ended May 31, 2025 lists 20 people; 7 received compensation from the organization, the highest $237,245 (DANIEL ZAHAROPOL, CHIEF EXECUTIVE OFFICER).
How much revenue does ART OF PROBLEM SOLVING INITIATIVE INC have?
On its 990 for the year ended May 31, 2025 it reported revenue of $11,781,568, expenses of $8,677,594 and total assets of $19,440,415 at year end.

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