Matriculate Inc.

“The organization has a single class of membership.”

“The organization's membership has the right to appoint and remove the members of the governing body.”

“The organization's membership has the right to consent to certain corporate actions such as amending the certificate of incorporation.”

“The prepared form 990 is reviewed by the organization's governing body and management before the return is filed with the irs.”

“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.”

“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 was last conducted in june 2019 and was documented in the minutes of the meetings of the governing body.”

“The organization made its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“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.”

“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 2018 calendar year, insperity issued 15 w2s to matriculate employees.”