2023-05-11T16:04:09-05:00 2022-06-30 390974031 WEGNER CPAS LLP 230 PARK AVE FL 3 NEW YORK NY 101690005 990 2021-07-01 352531989 MATRICULATE INC MATR 9148090749 25 BROADWAY 12TH FLOOR NEW YORK NY 10004 MADELINE KERNER CEO 7735929088 2023-05-11 1 MADELINE KERNER 999009999 YIGIT UCTUM CPA P01269549 2125511724 2023-05-11 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X MADELINE KERNER 25 BROADWAY 12TH FLOOR NEW YORK NY 10004 16997900 0 X WWW.MATRICULATE.ORG X 2015 DE MATRICULATE'S MISSION IS TO EMPOWER HIGH-ACHIEVING, LOW-INCOME HIGH SCHOOL STUDENTS TO MAKE THE LEAP TO THE BEST COLLEGES AND UNIVERSITIES. OUR VISION IS THAT ONE DAY ALL THE BEST STUDENTS IN AMERICA WILL HAVE ACCESS TO THE BEST COLLEGES, REGARDLESS OF THEIR SOCIO-ECONOMIC STATUS OR BACKGROUND, WHICH WILL GIVE THEM A UNIQUE OPPORTUNITY TO CHANGE THE TRAJECTORY OF THEIR OWN LIVES AND THE LIVES OF THEIR FAMILIES. 13 12 0 1500 0 0 2269043 16877513 206425 119150 723 1237 0 0 2476191 16997900 150000 0 0 0 1859643 2262883 0 0 260053 857549 1091224 2867192 3354107 -391001 13643793 6646510 20300655 128068 135923 6518442 20164732 X SEE SCHEDULE OMATRICULATE'S MISSION IS TO EMPOWER HIGH-ACHIEVING, LOW-INCOME HIGH SCHOOL STUDENTS TO MAKE THE LEAP TO THE BEST COLLEGES AND UNIVERSITIES. OUR VISION IS THAT ONE DAY ALL THE BEST STUDENTS IN AMERICA WILL HAVE ACCESS TO THE BEST COLLEGES, REGARDLESS OF THEIR SOCIO-ECONOMIC STATUS OR BACKGROUND, WHICH WILL GIVE THEM A UNIQUE OPPORTUNITY TO CHANGE THE TRAJECTORY OF THEIR OWN LIVES AND THE LIVES OF THEIR FAMILIES. 0 0 2393260 0 119150 MATRICULATE TRAINS TALENTED COLLEGE STUDENTS AT TOP INSTITUTIONS TO CONNECT REMOTELY WITH HIGH-ACHIEVING, LOW-INCOME HIGH SCHOOL STUDENTS, PROVIDING THE INFORMATION, GUIDANCE, AND SUPPORT THAT THESE HIGH SCHOOL STUDENTS NEED TO NAVIGATE THE COLLEGE APPLICATION PROCESS.WE CURRENTLY HAVE OVER 1,500 ADVISING FELLOWS AND MORE THAN 3,000 SENIORS IN THE CLASS OF 2022. OUR STAFF OVERSEES THIS WORK AND ENSURES OUR STUDENTS ARE ON TRACK TO MATRICULATE TO HIGH-GRADUATION RATE INSTITUTIONS. OUR GOAL IS FOR THE VAST MAJORITY OF STUDENTS WE SERVE TO GO ON TO ATTEND HIGH GRADUATION RATE INSTITUTIONS. 2393260 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 65 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA MA NY X MADELINE KERNER 9148090749 25 BROADWAY 12TH FLOOR NEW YORK NY 10004 X MADELINE KERNER CHIEF EXECUTIVE OFFICER 40.00 X X 126690 0 16736 GREG SPIVY CHAIR 1.00 X X 0 0 0 ZACH SILVERSTEIN TREASURER 1.00 X X 0 0 0 DEREK SCHRIER SECRETARY 1.00 X X 0 0 0 SEAN CULLINAN DIRECTOR 1.00 X 0 0 0 REED COLLEY DIRECTOR 1.00 X 0 0 0 BARBARA KRASA KELLY DIRECTOR 1.00 X 0 0 0 LYNN POOLE DIRECTOR 1.00 X 0 0 0 JASANNA BRITTON DIRECTOR 1.00 X 0 0 0 CHARLEY MOORE DIRECTOR 1.00 X 0 0 0 BRYDEN SWEENEY-TAYLOR DIRECTOR 1.00 X 0 0 0 KIM PARIZEAU DIRECTOR 1.00 X 0 0 0 LAURAN TUCK DIRECTOR 1.00 X 0 0 0 REBECCA WASSERMAN CHIEF PROGRAM OFFICER 40.00 X 116190 0 20255 RAJWANTIE SAHAI SENIOR DIRECTOR OF ADVISING FELLOWSHIP PROGRAM 40.00 X 102940 0 25284 345820 0 62275 3 0 0 0 INSPERITY 1901 CRESCENT SPRINGS DR KINGWOOD TX 77339 PROFESSIONAL EMPLOYMENT SERVICES 1952814 1 16877513 16877513 PROGRAM SERVICE REVENUE 616000 119150 119150 119150 1237 1237 16997900 119150 0 1237 X 148008 14801 59203 74004 1729425 1321486 289415 118524 21353 15198 3965 2190 196556 139901 36498 20157 167541 119249 31111 17181 76092 76092 359261 184793 159243 15225 81403 70187 8556 2660 140853 108803 26643 5407 27675 19467 5192 3016 17162 14685 2382 95 13147 9059 2494 1594 ADVISOR STIPENDS/MEALS 375631 375631 3354107 2393260 700794 260053 2700238 676503 250053 7551909 3629082 11986766 55000 0 12137 85477 6646510 20300655 128068 135923 128068 135923 X 2927630 4739448 3590812 15425284 6518442 20164732 6646510 20300655 13643793 2497 0 X 0 1 X 1 0 X 1634532 5809306 2776548 2269043 16877513 29366942 1634532 5809306 2776548 2269043 16877513 29366942 16142032 13224910 723 1237 1960 29368902 683957 0.45030 0.67470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 17524525 2497 524128 526625 16997900 0 16997900 3878235 524128 524128 3354107 0 3354107 FORM 990, PART I, LINE 5 AND FORM 990, PART V, LINE 2A: MATRICULATE LEASES EMPLOYEES FROM INSPERITY, A PROFESSIONAL EMPLOYMENT ORGANIZATION. MATRICULATE'S EMPLOYEES ARE CONSIDERED COMMON LAW EMPLOYEES OF MATRICULATE, HOWEVER, INSPERITY IS THE EMPLOYER OF RECORD AND AS SUCH, MATRICULATE'S EMPLOYEES RECEIVE THEIR W2S FROM INSPERITY. FOR THE 2021 CALENDAR YEAR, INSPERITY ISSUED 45 W2S TO MATRICULATE EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS A SINGLE CLASS OF MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBERSHIP HAS THE RIGHT TO APPOINT AND REMOVE THE MEMBERS OF THE GOVERNING BODY. IN JUNE OF 2022, ALL DIRECTORS WERE APPOINTED AS MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED BY THE ORGANIZATION'S GOVERNING BODY AND MANAGEMENT BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY ALL DIRECTORS AND OFFICERS COMPLETE AND SIGN A STATEMENT THAT PROVIDES INFORMATION REGARDING THEIR INTERESTS AND THOSE OF THEIR FAMILY MEMBERS THAT COULD GIVE RISE TO CONFLICTS. THE MEMBERS OF THE GOVERNING BODY MAKE DETERMINATIONS OF WHETHER A CONFLICT EXISTS AND REVIEW ACTUAL CONFLICTS. ANY PERSON WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS WITH REGARD TO THE TRANSACTION IN WHICH THAT PERSON HAS A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A DURING AN EXECUTIVE SESSION THE INDEPENDENT MEMBERS OF THE GOVERNING BODY DETERMINED THE CHIEF EXECUTIVE OFFICER'S COMPENSATION USING DATA ON COMPENSATION FOR COMPARABLE POSITIONS PUBLISHED IN GUIDESTAR'S ANNUAL COMPENSATION REPORT. ALL NON-INDEPENDENT DIRECTORS ABSTAINED FROM THE MEETING AND AN EXECUTIVE SESSION CONSISTING OF ONLY INDEPENDENT DIRECTORS WAS HELD. THE DIRECTORS DISCUSSED THE REPORT AS WELL AS COMPENSATION PAID BY SIMILAR-SIZED TAX-EXEMPT ORGANIZATIONS. THE DIRECTORS THEN AGREED ON THE CHIEF EXECUTIVE OFFICER'S COMPENSATION AND DETERMINED SUCH COMPENSATION WAS FAIR AND REASONABLE IN LIGHT OF COMPARABLE DATA SET FORTH IN THE REPORT. THE PROCESS IS CONDUCTED EACH JUNE AND IS DOCUMENTED IN THE MINUTES OF THE MEETINGS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION B, LINE 1: MATRICULATE MAKES PAYMENTS TO INSPERITY THAT INCLUDE AMOUNTS FOR EMPLOYEE WAGES, EMPLOYEE BENEFITS, EMPLOYEE AND EMPLOYER PORTIONS OF PAYROLL TAXES, AND PAYROLL SERVICE FEES. INSPERITY THEN DISTRIBUTES THESE AMOUNTS ACCORDINGLY ON BEHALF OF MATRICULATE IN ACCORDANCE WITH ITS ARRANGEMENT AS A PROFESSIONAL EMPLOYMENT ORGANIZATION. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 184,793. MANAGEMENT AND GENERAL EXPENSES 19,006. FUNDRAISING EXPENSES 15,225. TOTAL EXPENSES 219,024. PEO ADMINISTRATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 69,190. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 69,190. DEI CONSULTANT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,900. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,900. TALENT MANAGEMENT CONSULTANT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 65,147. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,147.