Civic Intelligence

Scholarmatch Inc.

990 • Fiscal year 2021 • EIN 45-4985621

Oct 01, 2020 to Sep 30, 2021 • Filed on Aug 11, 2022

849 Valencia StreetSan Francisco, CA 94110

(415) 237-1792

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

24th percentile

0.02x

Higher debt load relative to assets than 24% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

21st percentile

0.03x

Higher debt load relative to revenue than 21% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

3rd percentile

-72%

Higher net margin than 3% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

59th percentile

$139,556

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

2nd percentile

-34%

Faster asset growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

2nd percentile

-69%

Faster revenue growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Down

$5,074,760

Down $2,570,319 (-34%) from 2020

Net Assets

Down

$4,983,729

Down $2,008,976 (-29%) from 2020

Liabilities

Down

$91,031

Down $561,343 (-86%) from 2020

Revenue

Down

$2,786,437

Down $6,225,741 (-69%) from 2020

Expenses

Up

$4,795,413

Up $130,224 (+2.8%) from 2020

Net Income

Down

-$2,008,976

Down $6,355,965 (-146%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $53,730Liabilities 2012: $1872012Assets 2013: $206,662Liabilities 2013: $3,501Net Assets 2013: $203,1612013Assets 2014: $341,578Liabilities 2014: $21,777Net Assets 2014: $319,8012014Assets 2015: $322,680Liabilities 2015: $21,435Net Assets 2015: $301,2452015Assets 2016: $1,177,892Liabilities 2016: $46,438Net Assets 2016: $1,131,4542016Assets 2017: $1,978,998Liabilities 2017: $93,541Net Assets 2017: $1,885,4572017Assets 2018: $2,515,326Liabilities 2018: $78,823Net Assets 2018: $2,436,5032018Assets 2019: $2,757,702Liabilities 2019: $88,587Net Assets 2019: $2,669,1152019Assets 2020: $7,645,079Liabilities 2020: $652,374Net Assets 2020: $6,992,7052020Assets 2021: $5,074,760Liabilities 2021: $91,031Net Assets 2021: $4,983,7292021Assets 2022: $5,261,004Liabilities 2022: $94,371Net Assets 2022: $5,166,6332022Assets 2023: $6,742,763Liabilities 2023: $128,010Net Assets 2023: $6,614,7532023Assets 2024: $7,156,890Liabilities 2024: $357,704Net Assets 2024: $6,799,1862024Assets 2025: $6,518,604Liabilities 2025: $145,833Net Assets 2025: $6,372,7712025

Highlighted filing

2021

Assets$5,074,760
Liabilities$91,031
Net Assets$4,983,729

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2012: $53,543Expenses 2012: $0Net Income 2012: $53,5432012Revenue 2013: $517,219Expenses 2013: $367,601Net Income 2013: $149,6182013Revenue 2014: $728,625Expenses 2014: $611,985Net Income 2014: $116,6402014Revenue 2015: $768,624Expenses 2015: $787,682Net Income 2015: -$19,0582015Revenue 2016: $1,836,864Expenses 2016: $1,006,655Net Income 2016: $830,2092016Revenue 2017: $2,860,265Expenses 2017: $2,111,262Net Income 2017: $749,0032017Revenue 2018: $3,167,468Expenses 2018: $2,616,422Net Income 2018: $551,0462018Revenue 2019: $3,822,021Expenses 2019: $3,616,689Net Income 2019: $205,3322019Revenue 2020: $9,012,178Expenses 2020: $4,665,189Net Income 2020: $4,346,9892020Revenue 2021: $2,786,437Expenses 2021: $4,795,413Net Income 2021: -$2,008,9762021Revenue 2022: $3,582,533Expenses 2022: $3,399,629Net Income 2022: $182,9042022Revenue 2023: $4,434,883Expenses 2023: $2,993,103Net Income 2023: $1,441,7802023Revenue 2024: $4,078,522Expenses 2024: $3,895,947Net Income 2024: $182,5752024Revenue 2025: $3,990,444Expenses 2025: $4,414,262Net Income 2025: -$423,8182025

Highlighted filing

2021

Revenue$2,786,437
Expenses$4,795,413
Net Income-$2,008,976
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Aug 11, 2022
Return Version
2020v4.2
Gross Receipts
$2,786,437
Mission and Program Overview

Mission

Scholarmatch's mission is to support underserved first-generation college students from low-income backgrounds to earn a bachelor's degree within five years, providing virtual individualized advising, targeted financial support, and career mentoring from high school through college.

To help make college possible for first-generation, low-income background students from application all the way through college graduation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,004,048$2,262,939▼ $741,109
Pledges and Grants Receivable$3,272,914$2,240,402▼ $1,032,512
Cash and Non-Interest-Bearing Accounts$1,310,779$549,195▼ $761,584
Prepaid Expenses and Deferred Charges$19,324$0▼ $19,324
Land, Buildings, and Equipment, Net$19,612$3,824▼ $15,788
Inventories for Sale or Use$902$902→ $0
Total Assets$7,645,079$5,074,760▼ $2,570,319
Other Assets Total$17,500$17,498▼ $2
Liabilities
Unsecured Notes Loans Payable$504,255$0▼ $504,255
Accounts Payable and Accrued Expenses$148,119$91,031▼ $57,088
Total Liabilities$652,374$91,031▼ $561,343
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,624,451$3,638,281▼ $1,986,170
Net Assets Without Donor Restrictions$1,368,254$1,345,448▼ $22,806
Total Net Assets Fund Balance$6,992,705$4,983,729▼ $2,008,976
Total Liabilities and Net Assets / Fund Balance$7,645,079$5,074,760▼ $2,570,319

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,271$41,868$45,139
Other Land Buildings$553$31,204$31,757
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charity EspirituCOOFT$135,654$3,902$139,556
Diana AdamsonExecutive Director (thru 6/4/21)FT$108,864$13,002$121,866

Board Members and Trustees

NameTitle
Ben SteinbergChair (thru 12/7/20)
Karen Grace-bakerDirector/chair (eff. 12/31/20)
Randie BencanannVice Chair (thru 7/19/21)
Alicia PerlaDirector
Esteban RodriguezDirector
Jose MartinezDirector
Julie HuangDirector
Luz GomezDirector
Martha CastilloDirector
Miriam KarpilowDirector
Sheila DoucetDirector
Terrance MayesDirector
Tom ConradDirector (thru 12/15/20)
Jon KeehnDirector (thru 9/14/21)
Mary WilliamsDirector (thru 9/30/21)
Karla SalazarExecutive Director (eff. June 2021)
Jaime Huling-delayeSecretary
Ian FerryTreasurer (thru 12/16/20)
Revenue and Support

Revenue Composition

Contributions and Grants
$2,451,594
Program Service Revenue
$306,820
Investment Income
$11,472
Other Revenue
$16,551
All Other Contributions
$1,947,339
Change in Net Assets
$-2,008,976

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,786,437
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,786,437
Total Revenue per Form 990
$2,786,437
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,475,903
Grants and Similar Amounts Paid$1,510,793
Other Expenses$808,717
Total Fundraising Expense$554,088
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,351,894$228,489$323,693$1,904,076
Grants to Domestic Individuals$1,510,793--$1,510,793
Fees for Services Other$215,767$36,467$51,663$303,897
Occupancy$167,375$28,289$40,076$235,740
Payroll Taxes$118,818$20,082$28,449$167,349
Current Officers, Directors, Trustees, and Key Employees$117,311$19,827$28,089$165,227
Other Employee Benefits$114,646$19,377$27,451$161,474
Pension Plan Contributions$55,222$9,333$13,222$77,777
Fees for Services Accounting$50,252$8,493$12,032$70,777
Travel$50,607--$50,607
Office Expenses$3,432$15,125$14,512$33,069
Fees for Services Legal$21,676$3,663$5,190$30,529
Insurance$14,857$14,857-$29,714
Information Technology$8,822$5,834$5,945$20,601
Depreciation Depletion-$15,789-$15,789
Conferences and Meetings$5,870$992$1,405$8,267
Advertising$5,384$910$1,289$7,583
Other Expenses-$1,072$1,072$2,144
Total Functional Expenses$3,812,726$428,599$554,088$4,795,413

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,795,413
Total Expenses per Audited Statements$4,795,413
Total Expenses per Form 990$4,795,413
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Our accounting firm forwarded the form 990 to the executive director. The executive director reviewed the return and forwarded the form 990 to the board members prior to filing. The executive director or the accounting firm addressed the questions board members had before submitting the form 990 to the irs.

Form 990, Part VI, Section B, Line 12C

The organization's bylaws outline the procedure for monitoring and addressing conflicts of interest. If a conflict of interest arises, board members will bring it to the attention of the board and the procedures in the bylaws will be followed. Board members are provided with a copy of the bylaws and informed of the conflict of interest policy when they join the board and they will bring up any potential conflicts of interest as they arise.

Form 990, Part VI, Section B, Line 15A

Compensation review & approval process - ceo & top management: compensation was compared to other similar organizations and positions, the board discussed the salary amount, reached consensus, and voted electronically to approve. The organization did not have any other officers or key employees during the year.

Form 990, Part VI, Section C, Line 19

Governing documents and conflict of interest policy are kept in a binder in the office for any visitor who wishes to see them. All financial statements are posted on the scholarmatch website. These documents are available for the same period of time set forth in sec. 6104(d).

Filing and Contact Details

Filer

Filer Name
Scholarmatch Inc
EIN
45-4985621
Phone
4152371792
Address
849 VALENCIA STREET, SAN FRANCISCO, CA 94110

Signing Officer

Name
Karla V Salazar
Title
Executive Director
Phone
4152371792
Signed
2022-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karla V Salazar
Formed
2012
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
12
Employees
37
Volunteers
536

Preparer

Firm
Hood & Strong Llp
Address
275 BATTERY STREET STE 900, SAN FRANCISCO, CA 94111
Preparer
Maga E Kisriev
Phone
4157810793
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Scholarmatch is a tax-exempt organization under internal revenue code section 501(c)(3) and the applicable california tax code. Management evaluated scholarmatch's tax positions and concluded that scholarmatch has maintained its tax-exempt status and had taken no uncertain tax positions that would require adjustments to the statement of financial position.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17108864
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19135654
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR (THRU 12/7/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR/CHAIR (EFF. 12/31/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR (THRU 7/19/21)
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER (THRU 12/16/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR (THRU 9/30/21)
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR (THRU 12/15/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR (THRU 9/14/21)
IRS990/Form990PartVIISectionAGrp/TitleTxt17EXECUTIVE DIRECTOR (THRU 6/4/21)
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DIRECTOR (EFF. JUNE 2021)
IRS990/Form990PartVIISectionAGrp/TitleTxt19COO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt0504255
IRS990/GrantAmt01510793
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01510793
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01510793
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02786437
IRS990/GrossRentsGrp/RealAmt016551
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt05945
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05834
IRS990/InformationTechnologyGrp/ProgramServicesAmt08822
IRS990/InformationTechnologyGrp/TotalAmt020601
IRS990/InsuranceGrp/ManagementAndGeneralAmt014857
IRS990/InsuranceGrp/ProgramServicesAmt014857
IRS990/InsuranceGrp/TotalAmt029714
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0902
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0902
IRS990/InvestmentIncomeGrp/ExclusionAmt011472
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt011472
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt073072
IRS990/LandBldgEquipBasisNetGrp/BOYAmt019612
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03824
IRS990/LandBldgEquipCostOrOtherBssAmt076896
IRS990/LegalDomicileStateCd0CA
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PURPOSE OF THE ORGANIZATION IS TO HELP STUDENTS PREPARE FOR, PURSUE AND SUCCEED IN GETTING A COLLEGE EDUCATION BY PROVIDING SCHOLARSHIPS AND TECHNICAL ASSISTANCE, HELPING STUDENTS GET ACCEPTED AT VARIOUS COLLEGES AND PROVIDING SUPPORT THROUGHOUT COLLEGE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt06992705
IRS990/NetAssetsOrFundBalancesEOYAmt04983729
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt016551
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt016551
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01368254
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01345448
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt040076
IRS990/OccupancyGrp/ManagementAndGeneralAmt028289
IRS990/OccupancyGrp/ProgramServicesAmt0167375
IRS990/OccupancyGrp/TotalAmt0235740
IRS990/OfficeExpensesGrp/FundraisingAmt014512
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015125
IRS990/OfficeExpensesGrp/ProgramServicesAmt03432
IRS990/OfficeExpensesGrp/TotalAmt033069
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt017500
IRS990/OtherAssetsTotalGrp/EOYAmt017498
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt027451
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019377
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0114646
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0161474
IRS990/OtherExpensesGrp/Desc0STAFF & DONOR APPRECIAT
IRS990/OtherExpensesGrp/FundraisingAmt01072
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01072
IRS990/OtherExpensesGrp/TotalAmt02144
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0323693
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0228489
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01351894
IRS990/OtherSalariesAndWagesGrp/TotalAmt01904076
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt028449
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020082
IRS990/PayrollTaxesGrp/ProgramServicesAmt0118818
IRS990/PayrollTaxesGrp/TotalAmt0167349
IRS990/PensionPlanContributionsGrp/FundraisingAmt013222
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt09333
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt055222
IRS990/PensionPlanContributionsGrp/TotalAmt077777
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03272914
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02240402
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019324
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0KARLA V SALAZAR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0306820
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0306820
IRS990/ProgSrvcAccomActy2Grp/Desc0DESTINATION COLLEGE (COLLEGE ACCESS): STARTING IN JUNIOR YEAR OF HIGH SCHOOL, SCHOLARMATCH STUDENTS ARE MATCHED WITH A VOLUNTEER COLLEGE COACH WHO WORKS 1:1 WITH THEM FOR A FULL YEAR. VOLUNTEER COACHES RECEIVE ROBUST TRAINING FROM SCHOLARMATCH AND SUPPORT STUDENTS THROUGH ALL ASPECTS OF THE COLLEGE APPLICATION PROCESS FROM CHOOSING WHERE TO APPLY, TO WRITING PERSONAL STATEMENTS, TO EVALUATING FINANCIAL AID. STUDENTS ALSO RECEIVE ACCESS TO COLLEGE ACCESS WORKSHOPS, INFO SESSIONS WITH COLLEGE ADMISSIONS OFFICERS, AND ONLINE TOOLS INCLUDING SCHOLARMATCHER, AN ONLINE COLLEGE SEARCH ENGINE DESIGNED SPECIFICALLY FOR LOW-INCOME AND FIRST-GENERATION STUDENTS.[SEE SCHEDULE O FOR CONTINUATION]WHILE SCHOLARMATCH PREVIOUSLY HOSTED STUDENTS AND COACHES AT DROP-IN CENTERS IN LOS ANGELES' BOYLE HEIGHTS NEIGHBORHOOD, AND SAN FRANCISCO'S MISSION DISTRICT AS WELL AS VIRTUALLY THROUGH A PARTNERSHIP WITH BLOOMBERG PHILANTHROPIES' COLLEGEPOINT INITIATIVE, ALL PROGRAMMING HAS NOW MOVED TO A FULLY VIRTUAL MODEL. THE DESTINATION COLLEGE PROGRAM SERVED 1,072 HIGH SCHOOL STUDENTS THIS YEAR.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0529445
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0230115
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06199043
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0965359
IRS990/PYInvestmentIncomeAmt0-1998
IRS990/PYOtherExpensesAmt0784189
IRS990/PYOtherRevenueAmt050518
IRS990/PYProgramServiceRevenueAmt02764615
IRS990/PYRevenuesLessExpensesAmt04346989
IRS990/PYSalariesCompEmpBnftPaidAmt02915641
IRS990/PYTotalExpensesAmt04665189
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09012178
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-2008976
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt016551
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt076705
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03004048
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02262939
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0GROSS INCOME FROM FUNDRAISING EVENTS - 2016 AMOUNT: $ 52,264. 2017 AMOUNT: $ 11,458. GROSS INCOME FROM GAMING ACTIVITIES - 2016 AMOUNT: $ 1,600.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02451594
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt06199043
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02743404
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02234005
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02403113
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt016031159
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt028023
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt067632
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt083853
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt061407
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt019389
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0260304
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05623897
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt011458
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt053864

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.52$0.15$6.37$3.99$4.41$0.42
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.16$0.36$6.80$4.08$3.90$0.18
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.74$0.13$6.61$4.43$2.99$1.44
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.26$0.09$5.17$3.58$3.40$0.18
2021Detailed filing. Detailed filing data is available for this year.$5.07$0.09$4.98$2.79$4.80$2.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.65$0.65$6.99$9.01$4.67$4.35
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.76$0.09$2.67$3.82$3.62$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.52$0.08$2.44$3.17$2.62$0.55
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$0.09$1.89$2.86$2.11$0.75
2016Detailed filing. Detailed filing data is available for this year.$1.18$0.05$1.13$1.84$1.01$0.83
2015Detailed filing. Detailed filing data is available for this year.$0.32$0.02$0.30$0.77$0.79$0.02
2014Summary only. Only limited summary data is available for this year.$0.34$0.02$0.32$0.73$0.61$0.12
2013Summary only. Only limited summary data is available for this year.$0.21$0.00$0.20$0.52$0.37$0.15
2012Summary only. Only limited summary data is available for this year.$0.05$0.00$0.05$0.00$0.05