Public Charity

IMSA FUND FOR ADVANCEMENT OF EDUCATION

IMSA FUND FOR ADVANCEMENT OF EDUCATION is a nonprofit organization categorized as Public Charity based in AURORA, IL. Its most recent IRS filing (2025) reports revenue of $2.7M, expenses of $730K, total assets of $21.9M. Imperigo tracks 41 reported grant relationships connected to this organization totaling approximately $4.1M.

EIN: 363422778 AURORA, IL Latest filing: 2025
Total Revenue$2.7M
Total Expenses$730K
Total Assets$21.9M
Grant Records41
Funding Total$4.1M
Filing Years2021–2025

Mission

TO FURTHER MATH, SCIENCE, & TECHNOLOGY EDUCATION THROUGH INSTITUTIONAL ADVANCEMENT AND SUPPORT OF PROGRAMS OF THE ILLINOIS MATHEMATICS AND SCIENCE ACADEMY.

Where $100 goes at Imsa Fund for Advancement of Education

How Imsa Fund for Advancement of Education divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$89 Programs the work itself
$8 Management running the organization
$3 Fundraising raising the next dollar

Inside the $89 for programs

$77
Educational programs
87% of program spending · Reported in the filing: 7,500 students
$11
Summer research and experiential learning opportunities (srelo) - the imsa fund supports student enrichment through programs that expand access to high-quality STEM learning for illinois students
12% of program spending · Reported in the filing: 100 students
$1
Gifted education, general/other
1% of program spending · Reported in the filing: 650 students
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Dan Mueth
DIRECTOR Hector Correa
PRESIDENT (THRU 4/28/25) Jacob Plummer
SECRETARY (THRU 4/28/25) Kevin Brookins
PRESIDENT Kimberly Simon
TREASURER Matt Maddox

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$3,963,115 31 grants
Education
$86,139 6 grants
Health & Medicine
$5,250 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $2.7M $730K $21.9M
2024 $6.3M $625K $18.6M
2023 $1.2M $752K $12.1M
2022 $1.2M $662K $10.9M
2021 $1.3M $653K $12.6M

Between 2021 and 2025, reported annual revenue grew from $1.3M to $2.7M (+109%), with total assets most recently reported at $21.9M.

Interactive year-over-year charts and full filing details available with membership.

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