Cause IQ organization profile

Matriculate

Matriculate is a educational service provider based in New York, NY that was founded in 2015. As of 2019 they had $5.8 million in revenue and $6.2 million in assets.

See attachmentmatriculate'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...

EIN:

35-2531989

City:

New York

State:

New York

Metro:

New York-Newark-Jersey City, NY-NJ-PA

Website:

matriculate.org

Founded:

2015

Type:

501(c)(3)

NTEE:

B90: Educational service providers

Revenue:

$5,879,230

Assets:

$6,259,554

Employees:

Fiscal year end:

June

Revenue trends:

Asset trends:

Program areas at Matriculate

Matriculate recruited, selected, and rigorously trained about 750 college student advising fellows to serve as virtual college advisors to high-achieving, low-income students across the country. Matriculate's high school students in the class of 2019 went on to attend top colleges from coast to coast.

Form 990s for Matriculate

Fiscal year ending	Date received by IRS	Form	PDF link
2019-06	Sep 29, 2020	990	View PDF
2018-06	Sep 14, 2019	990	View PDF
2017-06	Aug 23, 2018	990	View PDF
2016-06	Sep 1, 2017	990	View PDF

Financials for Matriculate

Field	2019	2018	% Change
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$5,809,306	$1,634,532	255.4%
<em>Non-cash contributions included in above</em>	$71,265	$0	999%
Total grants, contributions, etc.	$5,809,306	$1,634,532	255.4%

Field	2019	2018	% Change
Total grants, contributions, etc.	$5,809,306	$1,634,532	255.4%
Program services	$69,924	$30,544	128.9%
Investment income and dividends	$0	$0
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$0	$0
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$0	$0
Total revenues	$5,879,230	$1,665,076	253.1%

Field	2019	2018	% Change
Grants to govts. and orgs. in USA	$0	$0
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$148,745	$157,038	-5.3%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$690,592	$592,312	16.6%
Pension/retirement accruals and contributions	$0	$0
Other employee benefits	$88,724	$82,168	8.0%
Payroll taxes	$71,424	$67,630	5.6%
Management fees	$0	$0
Legal fees	$0	$225	-100%
Accounting fees	$45,613	$44,368	2.8%
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$0	$0
Other fee-for-service	$137,387	$61,819	122.2%
Advertising and promotion	$0	$0
Office expenses	$51,402	$89,075	-42.3%
Information tech. expenses	$29,939	$18,788	59.4%
Royalty expenses	$0	$0
Occupancy	$98,488	$93,021	5.9%
Travel	$86,599	$63,093	37.3%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$0	$0
Interest	$0	$0
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$0	$0
Insurance	$4,558	$3,614	26.1%
All other expenses	$171,286	$123,186	39.0%
Total expenses	$1,624,757	$1,396,337	16.4%

Field	2019	2018	% Change
Cash (non-interest-bearing)	$886,364	$565,081	56.9%
Savings, short-term investments, etc.	$0	$0
Pledges and grants receivable	$5,277,200	$1,377,500	283.1%
Accounts receivable	$63,342	$20,113	214.9%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$16,778	$905	1753.9%
Buildings, equipment, etc. post-depreciation	$0	$0
Investments, publicly traded securities	$0	$0
Investments, other securities	$0	$0
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$15,870	$12,300	29.0%
Total assets	$6,259,554	$1,975,899	216.8%

Field	2019	2018	% Change
Accounts payable and accrued expenses	$76,380	$47,198	61.8%
Grants payable	$0	$0
Deferred revenue	$0	$0
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$0	$0
Total liabilities	$76,380	$47,198	61.8%

Field	2019	2018	% Change
Unrestricted net assets	$1,618,451	$666,759	142.7%
Temporarily restricted net assets	$4,564,723	$1,261,942	261.7%
Permanently restricted net assets	$0	$0

Vendors for Matriculate

Vendor	Services	Amount paid	Date
Wegner CPAs LLP	Tax accounting		2020-09-29
██████	Fundraising software		2020-09-15
███████ ███ ████	Fundraising software; Payment processing		2020-09-15
██████	Fundraising software; Payment processing		2020-09-15
███████████	Content management system software		2020-09-15
██████ ███	Software		2019-08-30
█████████	Professional Employment Services	$976,346	2019-06-01

Personnel at Matriculate

Name	Title	Compensation	Most recent data
Madeline Kerner	Chief Executive Officer and Co - Founder	$120,486	Sept. 29, 2020
Rebecca Wasserman	Vice President of Programs	$127,500	Aug. 10, 2019
██████████ ████	Executive Director	-	Aug. 10, 2019
███ ████████	Director of College	-	Aug. 10, 2019
████ ██████	Senior Program Manager	-	Aug. 10, 2019
█████ ███████	Student Experience Program Manager	-	Aug. 10, 2019
███████ ██████	Program Manager	-	Aug. 10, 2019
████ █████	Chair	$0	Aug. 10, 2019
████ ███████████	Board Member	$0	Aug. 10, 2019
█████ ███████	Secretary	$0	June 30, 2019
...and two more key personnel

Peer educational service providers

	Name	Type	Revenue	Location
1	The Pathway Study Center	501(c)(3)	$2.9 million	Brooklyn, NY
2	Harlem Lacrosse and Leadership Corporation	501(c)(3)	$3.8 million	New York, NY
3	Pencil	501(c)(3)	$2.8 million	New York, NY
4	Breakthrough New York	501(c)(3)	$2.1 million	New York, NY
5	College Possible	501(c)(3)	$19 million	Saint Paul, MN
6	Virginia Center for Inclusive Communities	501(c)(3)	$1.6 million	Richmond, VA
7	Crosby Scholars Community Partnership	501(c)(3)	$2.7 million	Winstonsalem, NC
8	Foundation for A College Education	501(c)(3)	$1.7 million	East Palo Alto, CA
9	Northwest Learning and Achievement	501(c)(3)	$3.1 million	Wapato, WA
10	Foundation for Students Rising Above (SRA)	501(c)(3)	$4.6 million	San Francisco, CA
11	Restore Education	501(c)(3)	$1.6 million	San Antonio, TX
12	The Gay, Lesbian and Straight Education Network (GLSEN)	501(c)(3)	$8.9 million	New York, NY
13	Cooperative For Education	501(c)(3)	$2.9 million	Cincinnati, OH
14	Emily K Center	501(c)(3)	$4.2 million	Durham, NC
15	California League of Middle Schools	501(c)(3)	$1.8 million	Irvine, CA
16	Future 5	501(c)(3)	$1.5 million	Stamford, CT
17	Generation Teach	501(c)(3)	$2.4 million	Boston, MA
18	Bright Prospect	501(c)(3)	$2.5 million	Pomona, CA
19	Lincoln Foundation	501(c)(3)	$1.5 million	Louisville, KY
20	Exp (ITEP)	501(c)(3)	$1.8 million	Carson, CA
21	Beyond 12	501(c)(3)	$5.7 million	Oakland, CA
22	Educational Advancement Alliance	501(c)(3)	$4.6 million	Philadelphia, PA
23	Dallas Afterschool	501(c)(3)	$2.4 million	Dallas, TX
24	The Wellspring Foundation for Education	501(c)(3)	$1.8 million	Canada,
25	Flagstaff Bordertown Dormitory BD Theresa Boone-Schuler	501(c)(3)	$2.3 million	Flagstaff, AZ

Also explore

Want more details?

Just create a free account! You're in good company, too. Cause IQ users include leading nonprofit, professional services, and technology professionals.

Create free account to learn more about Matriculate.

What is Cause IQ?

Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients.

For example, our data and tools help companies prospect for educational service providers, qualify inbound opportunities like Matriculate, benchmark clients to other educational service providers, and enrich existing CRM information.

Curious how Cause IQ can help you prospect for foundations or clients, research nonprofits, benchmark clients, or enrich your existing information?

Create free account

Cause IQ organization profile

Matriculate

Program areas at Matriculate

Form 990s for Matriculate

Financials for Matriculate

Vendors for Matriculate

Personnel at Matriculate

Peer educational service providers

Also explore

Want more details?

What is Cause IQ?

Nonprofits

Product

Customers

About

Email newsletter