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Matriculate Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 352531989 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Matriculate Inc?

Matriculate Inc, based in New York City, is a nonprofit organization that bridges the gap between high-achieving, low-income high school students and top colleges and universities. With over 1,500 advising fellows and over 3,000 seniors in the Class of 2022, Matriculate provides essential guidance, resources, and support for students navigating the college application process. The organization's mission is to empower talented high school students to attend the best institutions, ensuring a more level playing field for students regardless of socio-economic status or background. By connecting students with college mentors, Matriculate aims to help students make the leap to high graduation rate universities, ultimately giving them a unique opportunity to transform their lives and the lives of their families.


Official website here: www.matriculate.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 98% (Four-Star out of Four Stars)

Matriculate Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. With a score of 98% in this area, the organization demonstrates effective financial management and oversight, exemplified by an independent board with a significant majority and excellent scores across various financial metrics, including a minimal liabilities-to-assets ratio and high fundraising efficiency.

The nonprofit excels in its commitment to transparency, having a robust set of policies in place including conflict of interest and whistleblower policies, as well as thorough documentation practices. Its program expense ratio indicates that a substantial portion of its funds is directed toward its mission, ensuring that resources are effectively utilized for the benefit of those they serve.

Additionally, Matriculate Inc showcases a strong culture and community score of 100%, reflecting its dedication to gathering and implementing feedback from stakeholders. This commitment to responsiveness and engagement is a significant strength, though specific challenges faced by the organization were not detailed in the available data. Overall, Matriculate Inc stands out as a well-managed nonprofit committed to its mission and transparency.


This AI summary has been generated from information found on Charity Navigator.

Is Matriculate Inc legitimate?

Matriculate Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Matriculate Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $148,008
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,729,425

For more financial information, click here


Official website here: www.matriculate.org

What is the mission statement of Matriculate Inc?

Matriculate Inc is dedicated to empowering high-achieving, low-income high school students in their journey to attend top colleges and universities. The organization's ultimate vision is to provide equal access to these educational institutions for all gifted students, disregarding their socio-economic background. This opportunity offers them a unique chance to improve their personal lives and the lives of their families. Matriculate Inc's mission is to bridge the gap between deserving students and prestigious colleges, enabling them to reach their full potential. Through various means, the organization aims to prepare students for college applications, provide access to resources, and advocate for their future success.


Official website here: www.matriculate.org

Who is the CEO of Matriculate Inc?

Madeline Kerner is the Chief Executive Officer of Matriculate Inc. The CEO's salary of Matriculate Inc is $126,690 and their total compensation is $143,426.


Official website here: www.matriculate.org

What is the revenue of Matriculate Inc?

Matriculate Inc's revenue in 2022 was $16,997,900.


Official website here: www.matriculate.org

Who are the executives of Matriculate Inc and what are their salaries?

There 1500 volunteers at Matriculate Inc.


Here are 15 key members and their salaries (Matriculate Inc's CEO's salary is $126,690 and their total compensation is $143,426):


Madeline Kerner (Chief Executive Officer)
  • Compensation: $126,690
  • Related: $0
  • Other: $16,736
Greg Spivy (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zach Silverstein (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Schrier (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Cullinan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reed Colley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Krasa Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Poole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jasanna Britton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charley Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryden Sweeney-Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Parizeau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauran Tuck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Wasserman (Chief Program Officer)
  • Compensation: $116,190
  • Related: $0
  • Other: $20,255
Rajwantie Sahai (Senior Director Of Advising Fellowship Program)
  • Compensation: $102,940
  • Related: $0
  • Other: $25,284


Official website here: www.matriculate.org

Where can I find the form 990 for Matriculate Inc?

Matriculate Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.matriculate.org

Learn more at the official website: www.matriculate.org

Mission Statement of Matriculate Inc

Matriculate Inc, a mission-driven organization, strives to empower high-achieving, low-income high school students in making the transition to top colleges and universities. This forward-thinking nonprofit envisions a future where all the best students in America, regardless of their socio-economic background or origins, have the opportunity to attend prestigious institutions. By equipping these students with the necessary resources and support, Matriculate Inc offers them a golden key to transform their lives and those of their families.

In essence, Matriculate Inc serves as a bridge for academically gifted students from disadvantaged backgrounds, enabling them to leapfrog over the economic barriers that often hinder their college aspirations. The nonprofit's ultimate goal is to level the playing field, ensuring that merit and potential, rather than financial means, dictate college admissions. Through its unwavering commitment and dedication, Matriculate Inc paves the way for a more equitable and inclusive educational landscape in America.

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Impact




October, 2024

Matriculate Inc significantly impacts the educational landscape by supporting high-achieving, low-income high school students in navigating the college application process. By connecting these students with trained college student advisors from top institutions, Matriculate provides essential guidance, resources, and encouragement. This connection fosters a supportive environment where students can overcome barriers that might otherwise limit their access to higher education.

With a network of over 1,500 advising fellows, Matriculate has established an effective mentoring model that not only helps students with applications but also inspires them to aim for high-graduation rate institutions. By focusing on students from underrepresented backgrounds, Matriculate contributes to a more equitable educational system, ensuring that the potential of talented individuals is recognized and nurtured, regardless of their socio-economic status.

The organization's vision of ensuring that all deserving students have access to the best colleges can profoundly change the trajectories of their lives and the lives of their families, promoting upward mobility and strengthening communities. Overall, Matriculate Inc plays a crucial role in empowering the next generation of leaders and innovators by breaking down barriers to higher education.




This information is meant to be a general summary of Matriculate Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$16,997,900 (2022)
Expenses
$3,354,107 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,237
  • Program Service Revenue: $119,150
  • Gross Receipts: $16,997,900

Assets and Liabilities:

  • Total Assets: $20,300,655
  • Total Liabilities: $135,923
  • Net Assets: $20,164,732

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$119,150

Organization Details

Founding Year

2015

Principal Officer

Madeline Kerner

Main Address

25 BROADWAY 12TH FLOOR, NEW YORK, NY, 10004

NTEE Category

Code: P20 - Human services

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