Matchbook Learning Solutions Inc
990 • Fiscal year 2011 • EIN 45-0820076
Scores are not available for this record yet.
Assets
Flat$313,589
Flat from 2011
Net Assets
Flat$152,081
Flat from 2011
Liabilities
Flat$161,508
Flat from 2011
Revenue
-
No earlier filing loaded for comparison.
Expenses
Flat$409,105
Flat from 2011
Net Income
-
No earlier filing loaded for comparison.
- Filing Period
- Jan 1, 2011 to Dec 31, 2011
- Signed
- Oct 30, 2012
- Return Version
- 2011v1.2
- Gross Receipts
- $561,186
Mission
By 2014, there will be over 19,000 chronically failing K-12 public schools (AKA turnaround schools) concentrated in low-income neighborhoods across our nation. No sustainable and scalable solution turnaround solution provider exists in the marketplace to combat this problem. Matchbook Learning, a 501(c )(3) non-profit school turnaround management organization founded in 2011 blends face-to-face instruction with powerful online teaching and learning procured through third-party content providers to uniquely address the individual learning needs of students in the bottom 5% brick-and-mortar K-12 turnaround public schools.
Filer
- EIN
- 45-0820076
Raw XML Appendix302 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/ActivityOrMissionDescription | 0 | MATCHBOOK LEARNING SOLUTIONS, INC. WILL PARTNER WITH QUALIFYING CANDIDATE PUBLIC SCHOOLS TO INTRODUCE A BLENDED EDUCATION MODEL THAT UTILIZES VIRTUAL CURRICULUMS TAUGHT ONLINE VIA STUDENT NOTEBOOKS, ENABLING EVERY STUDENT IN A PARTICIPATING SCHOOL TO PROGRESS AT HIS OR HER OWN PACE AND CAPACITY LEVEL WHILE FUNDAMENTALLY FREEING IN-CLASSROOM TEACHERS TO EFFICIENTLY ALLOCATE THEIR "REAL TIME" INSTRUCTION TO INDIVIDUAL AND SMALL GROUPS OF STUDENTS WHEN, WHERE AND HOW MOST NEEDED. MATCHBOOK WILL ALSO BE DIRECTLY INVOLVED IN ALL ASPECTS OF OPERATIONS OF PARTICIPATING SCHOOLS, INCLUDING, BUT NOT LIMITED TO, ON- AND OFF-SITE COORDINATION AND MANAGEMENT OF SCHOOL SCHEDULING, CLASSROOM DYNAMICS, PERSONNEL, ADMINISTRATION, AND FACILITIES. |
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| IRS990/Description | 0 | TO HELP SECURE A BETTER FUTURE FOR THE NATION'S PUBLIC SCHOOL STUDENTS BY INTRODUCING A BLENDED LEARNING ENVIRONMENT INTO THE CURRICULUM. |
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| IRS990/MissionDescription | 0 | BY 2014, THERE WILL BE OVER 19,000 CHRONICALLY FAILING K-12 PUBLIC SCHOOLS (AKA TURNAROUND SCHOOLS) CONCENTRATED IN LOW-INCOME NEIGHBORHOODS ACROSS OUR NATION. NO SUSTAINABLE AND SCALABLE SOLUTION TURNAROUND SOLUTION PROVIDER EXISTS IN THE MARKETPLACE TO COMBAT THIS PROBLEM. MATCHBOOK LEARNING, A 501(C)3 NON-PROFIT SCHOOL TURNAROUND MANAGEMENT ORGANIZATION FOUNDED IN 2011 BLENDS FACE-TO-FACE INSTRUCTION WITH POWERFUL ONLINE TEACHING AND LEARNING PROCURED THROUGH THIRD PARTY CONTENT PROVIDERS TO UNIQUELY ADDRESS THE INDIVIDUAL LEARNING NEEDS OF STUDENTS IN BOTTOM 5% BRICKS-AND-MORTAR K-12 TURNAROUND PUBLIC SCHOOLS. |
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| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | ORGANIZATION'S PROCESS TO REVIEW FORM 990 - THE CEO AND CFO OF THE ORGANIZATION WILL REVIEW THE FORM 990 PRIOR TO SUBMITTING THE FORM TO THE IRS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: A) WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING. B) WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFIRM TO THE ORGANIZATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | THE CEO'S SALARY WAS DETERMINED BASED ON COMPARABILITY DATA AND WAS APPROVED BY THE BOARD AND DOCUMENTED IN THE BOARD MINUTES. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | GOVERNING DOCUMENTS DISCLOSURE EXPLANATION - GOVERNING DOCUMENTS, POLICIES AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
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| ReturnHeader/Officer/Title | 0 | DIRECTOR |
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| ReturnHeader/Preparer/Name | 0 | ANNA J DAVIS |
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| ReturnHeader/TaxPeriodBeginDate | 0 | 2011-01-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2011-12-31 |
| ReturnHeader/TaxYear | 0 | 2011 |
| ReturnHeader/Timestamp | 0 | 2012-11-07T10:56:01-06:00 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $313,589
- Liabilities
- $161,508
- Net assets
- $152,081
- Revenue
- -
- Expenses
- $409,105
- Net income
- -