Comap Inc
- Assets
- $6.2m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 10
- Location
- Bedford, MA
- Founding
- 04/1981
- Data as of
- 12/2023
- EIN
- 04-2721935
Organization Overview
Comap Inc is located in Bedford, MA. The organization was established in 1981. According to its NTEE Classification (U19) the organization is classified as: Support N.E.C., under the broad grouping of Science & Technology and related organizations. As of 12/2023, Comap Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Comap Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Comap Inc generated $3.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $3.2m during the year ending 12/2023. While expenses have increased by 5.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
OUTREACH AND OTHER SMALL PROJECTS
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.
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Robinson President | OfficerTrustee | 5 | $0 |
Tom Ferrio Treasurer | OfficerTrustee | 5 | $0 |
Catherine Roberts CEO | OfficerTrustee | 35 | $140,117 |
Diane J Briars Clerk | OfficerTrustee | 5 | $0 |
Margaret Cozzens Trustee | Trustee | 5 | $0 |
Rufus Glasper Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $750 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $750 |
| Total Program Service Revenue | $2,756,157 |
| Investment income | $165,953 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $21,984 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $14,139 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,959,361 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $40,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $754,030 |
| Compensation of current officers, directors, key employees. | $397,204 |
| Compensation to disqualified persons | $138,577 |
| Other salaries and wages | $256,125 |
| Pension plan accruals and contributions | $23,649 |
| Other employee benefits | $35,369 |
| Payroll taxes | $85,102 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,555 |
| Fees for services: Accounting | $26,907 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $40,484 |
| Fees for services: Other | $1,162,429 |
| Advertising and promotion | $0 |
| Office expenses | $18,931 |
| Information technology | $56,218 |
| Royalties | $22,073 |
| Occupancy | $72,910 |
| Travel | $67,309 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $200,899 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,189 |
| All other expenses | $0 |
| Total functional expenses | $3,186,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $312,227 |
| Savings and temporary cash investments | $359,853 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,791 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,771 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,262,936 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $248,821 |
| Total assets | $6,205,399 |
| Accounts payable and accrued expenses | $148,716 |
| Grants payable | $0 |
| Deferred revenue | $388,853 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $255,604 |
| Total liabilities | $793,173 |
| Net assets without donor restrictions | $5,412,226 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,205,399 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Comap Inc Bedford, MA | $6,205,399 | $2,959,361 |
National Academy Of Sciences Retire Welfare Benefit Plan Tr Portsmouth, NH | $59,001,038 | $6,438,476 |
Src International Inc North Syracuse, NY | $7,720,504 | $0 |
International Union Of Operating Engineers Local 98 Training Fund Southwick, MA | $5,181,634 | $1,226,550 |
Women In The Enterprise Of Science And Technology Inc Cambridge, MA | $229,046 | $0 |
Buffalo Area Engineering Awareness For Minorities Inc C/O Suny Ab Buffalo, NY | $104,548 | $0 |
The Salon Family Foundation Inc Armonk, NY | $1,275,692 | $159,889 |
Learning Curve Usa Inc New York, NY | $819 | $0 |
Global Bioethics Initiative Inc New York, NY | $5 | $0 |
New England Animal Health Inc Bay Shore, NY | $147,951 | $0 |