Civic Intelligence

Matrix Housing Services

990EZ • Fiscal year 2016 • EIN 47-3667784

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 06, 2018

2929 4th Avenue SouthMinneapolis, MN 55407

(612) 790-2544

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.75x

Higher debt load relative to assets than 92% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

88th percentile

0.26x

Higher debt load relative to revenue than 88% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

61st percentile

8.4%

Higher net margin than 61% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

89th percentile

$37,500

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 23.6% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$54,334

No earlier filing loaded for comparison.

Net Assets

$13,354

No earlier filing loaded for comparison.

Liabilities

$40,980

No earlier filing loaded for comparison.

Revenue

$158,812

No earlier filing loaded for comparison.

Expenses

$145,458

No earlier filing loaded for comparison.

Net Income

$13,354

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2016: $54,334Liabilities 2016: $40,980Net Assets 2016: $13,3542016Assets 2017: $46,846Liabilities 2017: $78,040Net Assets 2017: -$31,1942017Assets 2018: $51,632Liabilities 2018: $100,019Net Assets 2018: -$48,3872018Assets 2019: $73,872Liabilities 2019: $108,140Net Assets 2019: -$34,2682019Assets 2020: $403,720Liabilities 2020: $321,660Net Assets 2020: $82,0602020

Highlighted filing

2016

Assets$54,334
Liabilities$40,980
Net Assets$13,354

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2016: $158,812Expenses 2016: $145,458Net Income 2016: $13,3542016Revenue 2017: $338,922Expenses 2017: $383,470Net Income 2017: -$44,5482017Revenue 2018: $725,432Expenses 2018: $732,930Net Income 2018: -$7,4982018Revenue 2019: $981,617Expenses 2019: $980,382Net Income 2019: $1,2352019Revenue 2020: $1,901,879Expenses 2020: $1,785,551Net Income 2020: $116,3282020

Highlighted filing

2016

Revenue$158,812
Expenses$145,458
Net Income$13,354
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 6, 2018
Return Version
2016v3.0
Gross Receipts
$158,812
Mission and Program Overview

Mission

The mission of matrix housing services is to deliver high-quality programs and well rounded services for people experiencing homelessness.

Relief of the poor homelesness

Program Services

DescriptionGrantsExpenses
PLEASE SEE SCHEDULE A PAGE 8$158,812$145,457
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUBASHINI AMBROSEExecutive DirectorFT$37,500-$37,500
KRISTEN BROWNDirector Of Program DevelopmentFT$24,375-$24,375
SHAWN ATKINSBoard Chair-$0--
MELINA CARTERBoard Treasurer-$0--
MATHEW MCMANUSBoard Secretary-$0--
Filing and Contact Details

Filer

Filer Name
Matrix Housing Services
EIN
47-3667784
Address
2929 4TH AVENUE SOUTH, MINNEAPOLIS, MN 55407

Signing Officer

Name
Subashini Ambrose
Title
Executive Direc
Phone
6127902544
Signed
2018-08-06
Discuss with paid preparer
Yes

Preparer

Firm
Prudent Accountants
Address
2909 Bryant Ave S Ste 100, Minneapolis, MN 55408
Preparer
Rai M Kharal EA
Phone
6126053178
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

Activity charitable contribution grantee mn council non profit amount 140

Description of other expenses Part I line 16

Description amountdirect assistnace-rental 38,298direct assistnace-application fees 1,099direct assistnace-moving 2,771direct assistnace-furnishing 2,466direct assistnace-transportation 88direct assistnace-other housing exp 453computer and internet 967payroll tax 5,669payroll processing fee 297insurance expense 5,386conference expense 4,580software expense 1,209web hosting expenses 410parking 16permits and fees 55postage and delivery 128supplies 2,348telephone expenses 3,913

Description of other assets Part II line 24

Category beginning of year end of yeargrant receivable 0 28,487

Description of total liabilities Part II line 26

Category beginning of year end of yearloans from officers 0 40,980

Raw XML Appendix175 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MELINA CARTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MATHEW MCMANUS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR OF PROGRAM DEVELOPMENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD SECRETARY
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IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt028487
IRS990EZ/OtherExpensesTotalAmt070153
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0RELIEF OF THE POOR HOMELESNESS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PLEASE SEE SCHEDULE A PAGE 8
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0158812
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SchoolOperatingInd0false
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/WebsiteAddressTxt0WWW.MATRIXHOUSINGSERVICES.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE MISSION OF MATRIX HOUSING SERVICES IS TO DELIVER HIGH-QUALITY PROGRAMS AND WELL ROUNDED SERVICES FOR MINNESOTANS EXPERIENCING HOMELESSNESS. FORM 990-EZ, PART III LINE 28, PROGRAM SERVICE ACCOMPLISHMENTS:MATRIX HOUSING SERVICES HAS OPERATED AND PREPARED VARIOUS PROGRAMS FOR AN EMERGENCY SHELTER IN DAKOTA COUNTY, COORDINAATED ENTRY ASSESSMENT PROJESTS, AND RAPID REHOUSING PROJECT FOR YOUTH, SINGLE ADULTS, AND FAMILIES IN HENNEPIN AND DAKOTA COUNTIES TO REDUCE HOMELESSNESS IN THE COMMUNITY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Qualifies for Public Charity Status Multiple Reasons
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1PREOPERATING EXPENSE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt06000
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR OF PROGRAM
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1EXECUTIVE DIRECTOR
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IRS990ScheduleL/TotalBalanceDueAmt040979
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CHARITABLE CONTRIBUTION GRANTEE MN COUNCIL NON PROFIT AMOUNT 140
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTDIRECT ASSISTNACE-RENTAL 38,298DIRECT ASSISTNACE-APPLICATION FEES 1,099DIRECT ASSISTNACE-MOVING 2,771DIRECT ASSISTNACE-FURNISHING 2,466DIRECT ASSISTNACE-TRANSPORTATION 88DIRECT ASSISTNACE-OTHER HOUSING EXP 453COMPUTER AND INTERNET 967PAYROLL TAX 5,669PAYROLL PROCESSING FEE 297INSURANCE EXPENSE 5,386CONFERENCE EXPENSE 4,580SOFTWARE EXPENSE 1,209WEB HOSTING EXPENSES 410PARKING 16PERMITS AND FEES 55POSTAGE AND DELIVERY 128SUPPLIES 2,348TELEPHONE EXPENSES 3,913
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARGRANT RECEIVABLE 0 28,487
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARLOANS FROM OFFICERS 0 40,980
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
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ReturnHeader/Filer/EIN0473667784
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ReturnHeader/FilingSecurityInformation/IPDt02018-11-15
ReturnHeader/FilingSecurityInformation/IPTm020:56:53
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ReturnHeader/PreparerPersonGrp/PhoneNum06126053178
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Rai M Kharal EA
ReturnHeader/ReturnTs02018-11-15T20:53:41-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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