2024-07-25T16:10:05-05:00 2023-09-30 941254756 HOOD & STRONG LLP 60 SO MARKET ST STE 200 SAN JOSE CA 95113 990 2022-10-01 454985621 SCHOLARMATCH INC SCHO 4152371792 849 VALENCIA STREET SAN FRANCISCO CA 94110 KARLA V SALAZAR EXECUTIVE DIRECTOR 4152371792 2024-07-25 1 KARLA SALAZAR 999009999 0 MAGA E KISRIEV P01008919 4089988400 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KARLA V SALAZAR 849 VALENCIA STREET SAN FRANCISCO CA 94110 4440816 0 X SCHOLARMATCH.ORG X 2012 CA TO HELP MAKE COLLEGE POSSIBLE FOR FIRST-GENERATION, LOW-INCOME BACKGROUND STUDENTS FROM APPLICATION ALL THE WAY THROUGH COLLEGE GRADUATION. 14 14 25 376 0 0 3420283 4352174 145444 0 16806 82709 0 0 3582533 4434883 1188027 683619 0 0 1810612 1939934 0 0 345749 400990 369550 3399629 2993103 182904 1441780 5261004 6742763 94371 128010 5166633 6614753 SCHOLARMATCH'S MISSION IS TO SUPPORT UNDERSERVED FIRST-GENERATION COLLEGE STUDENTS FROM LOW-INCOME BACKGROUNDS TO EARN A BACHELOR'S DEGREE WITHIN FIVE YEARS. 0 0 683619 683619 0 SCHOLARS PROGRAM (COLLEGE PERSISTENCE): STUDENTS WHO SUCCESSFULLY COMPLETE THE DESTINATION PROGRAM BECOME ELIGIBLE TO APPLY TO THE SCHOLARS PROGRAM, WHICH CURRENTLY SERVES 262 STUDENTS. SCHOLARMATCH SCHOLARS ARE MATCHED WITH A PROFESSIONAL COLLEGE ADVISOR ON STAFF WHO PROVIDES YEAR-ROUND ADVISING AND WILL RECEIVE UP TO $25,000 IN TARGETED FINANCIAL AID, INCLUDING STUDENT LOAN REPAYMENT, EMERGENCY FUNDS, AND MORE. STUDENTS ALSO PARTICIPATE IN WORKSHOPS TO SUPPORT THEIR WELLBEING, ACADEMIC PERFORMANCE, AND CAREER PREPAREDNESS, AND MAY REQUEST TO BE MATCHED TO A VOLUNTEER CAREER COACH AS THEY CONTINUE THROUGH COLLEGE. 1646369 0 0 DESTINATION COLLEGE (COLLEGE ACCESS): OUR DESTINATION COLLEGE PROGRAM PROVIDED COLLEGE ACCESS COUNSELING TO 218 LOW-INCOME HIGH SCHOOL STUDENTS APPLYING TO COLLEGE. STARTING THE SPRING OF 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, AND ONLINE TOOLS INCLUDING SCHOLARMATCHER, AN ONLINE COLLEGE SEARCH ENGINE DESIGNED SPECIFICALLY FOR LOW-INCOME AND FIRST-GENERATION STUDENTS. 2329988 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 25 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 0 0 CA X X KARLA SALAZAR 4152371792 849 VALENCIA STREET SAN FRANCISCO CA 94110 KAREN GRACE-BAKER CHAIR 3.00 X X 0 0 0 MIRIAM KARPILOW VICE CHAIR 1.00 X X 0 0 0 MARTHA CASTILLO SECRETARY 1.00 X X 0 0 0 AYANDA MAGWAZA TREASURER 0.80 X X 0 0 0 LUZ GOMEZ FINANCE CHAIR 1.00 X 0 0 0 SHEILA DOUCET GOVERNANCE CHAIR 1.00 X 0 0 0 JULIE HUANG HR CHAIR 1.00 X 0 0 0 JAIME HULING-DELAYE DIRECTOR (THRU 5/14/23) 0.80 X 0 0 0 JOSE MARTINEZ DIRECTOR 0.80 X 0 0 0 TERRANCE MAYES DIRECTOR 0.80 X 0 0 0 ALICIA PERLA DIRECTOR 0.80 X 0 0 0 ISAAC Y KIM DIRECTOR 0.80 X 0 0 0 ESTEBAN RODRIGUEZ DIRECTOR 0.80 X 0 0 0 HEATHER MCCARTY DIRECTOR 0.80 X 0 0 0 BRANDON WONG DIRECTOR 0.80 X 0 0 0 KARLA V SALAZAR EXECUTIVE DIRECTOR 40.00 X 182690 0 19214 MARY PHAM DIRECTOR OF HR 40.00 X 122660 0 12041 DEVON MOORE SR. DIRECTOR PROGRAMS 40.00 X 121495 0 5652 426845 0 36907 3 0 1 0 0 4352174 5958 4352174 82737 82737 5905 5933 -28 -28 -28 4434883 0 0 82709 683619 683619 201904 121621 40863 39420 1448230 1066475 173655 208100 55803 40178 7254 8371 109201 78625 14196 16380 124796 89853 16224 18719 1910 1375 248 287 90381 65074 11750 13557 50208 36152 6526 7530 26538 19107 3450 3981 22018 11649 10369 35082 17668 8648 8766 21201 15265 2756 3180 46107 33197 5994 6916 28008 14004 14004 STUDENT EVENTS/TRAVEL 46950 46950 STAFF & DONOR APPR'N 1147 825 149 173 2993103 2329988 317366 345749 1038010 1225879 2985440 2407599 1224652 2070990 902 902 45139 45139 0 0 1034893 12000 2500 5261004 6742763 94371 128010 94371 128010 X 2068763 2459196 3097870 4155557 5166633 6614753 5261004 6742763 1441780 6340 0 X 0 1 X 1 0 X 2743404 6199043 2451594 3420283 4352174 19166498 2743404 6199043 2451594 3420283 4352174 19166498 3364693 15801805 83853 67632 28023 11290 82737 273535 19440033 4350630 0.81280 0.80570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 45139 45139 0 0 X 4441223 6340 6340 4434883 0 4434883 2993103 0 2993103 0 2993103 PART X, LINE 2: SCHOLARMATCH IS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE APPLICABLE SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION 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. 1 SCHOLARSHIPS 245 683619 0 PART I, LINE 2: FUNDS ARE DISTRIBUTED VIA A DEBIT CARD IN WHICH STUDENTS PROVIDE RECEIPTS. FLEXIBLE FUNDING PROVIDED MUST BE ACCOMPANIED BY A DOCUMENTATION SUPPORTING REQUEST AND IT IS REVIEWED AND APPROVED BY SENIOR DIRECTOR AND EXECUTIVE DIRECTOR. X X 0 0 0 0 0 0 0 0 0 KARLA V SALAZAR EXECUTIVE DIRECTOR 182690 0 0 0 0 0 7531 0 11683 0 201904 0 0 0 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 COMPENSATED 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).