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Nonprofiteer
← MATTER

Form 990 for tax year 2024

Filed by MATTER.

Totals

Total revenue
$54,879,375
Total expenses
$46,783,368
Contributions and grants received
$51,360,533
Grants paid
$41,812,364
Program service revenue
$262,337
Investment income
$43,735
Other revenue
$3,212,770
Total assets, end of year
$21,181,290
Total liabilities, end of year
$1,354,824
Net assets or fund balances, end of year
$19,826,466
Program services expenses (Part IX)
$45,756,685
Management and general expenses
$727,650
Fundraising expenses
$299,033
Program service expenses (Part III)
$45,756,685

Program services were 97.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $8,825

  • 1c · Fundraising events

    $226,506

  • 1f · All other contributions, gifts and grants

    $51,125,202

  • 1g · Noncash contributions included above

    $47,563,685

  • 2a · Program service revenue: HOSPITAL & CLINICS

    total $262,337 · related or exempt $262,337

  • 3 · Investment income

    total $41,735 · excluded $41,735

  • 7a · Gross sales of assets other than inventory

    other assets $2,000

  • 7b · Less cost or other basis and sales expenses

    other assets $0

  • 7c · Gain or loss

    other assets $2,000

  • 7d · Net gain or loss

    total $2,000 · related or exempt $2,000

  • 8a · Fundraising events: gross income

    $49,856

  • 8a · Fundraising events: contributions included on line 1c

    $226,506

  • 8b · Fundraising events: direct expenses

    $86,961

  • 8c · Net income from fundraising events

    total -$37,105 · excluded -$37,105

  • 10a · Gross sales of inventory

    $3,671,410

  • 10b · Cost of goods sold

    $421,535

  • 10c · Net income from sales of inventory

    total $3,249,875 · related or exempt $3,249,875

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $17,308,136 · program services $17,308,136

  • 3 · Grants to foreign organizations and individuals

    total $24,504,228 · program services $24,504,228

  • 7 · Other salaries and wages

    total $2,684,000 · program services $2,086,058 · management and general $390,837 · fundraising $207,105

  • 9 · Other employee benefits

    total $307,743 · program services $215,263 · management and general $71,721 · fundraising $20,759

  • 10 · Payroll taxes

    total $202,895 · program services $157,694 · management and general $29,545 · fundraising $15,656

  • 11b · Fees: legal

    total $2,575 · program services $959 · management and general $1,494 · fundraising $122

  • 11c · Fees: accounting

    total $26,570 · program services $9,895 · management and general $15,412 · fundraising $1,263

  • 11g · Fees: other

    total $164,453 · program services $61,247 · management and general $95,391 · fundraising $7,815

  • 16 · Occupancy

    total $443,228 · program services $443,228

  • 17 · Travel

    total $167,491 · program services $110,921 · management and general $23,750 · fundraising $32,820

  • 20 · Interest

    total $27,773 · management and general $27,773

  • 22 · Depreciation, depletion and amortization

    total $29,096 · management and general $29,096

  • 23 · Insurance

    total $39,932 · program services $139 · management and general $39,635 · fundraising $158

  • 24a · Other expenses: TRANSPORTATION

    total $861,147 · program services $858,311 · management and general $1,519 · fundraising $1,317

  • 24b · Other expenses: SPECIAL EVENT FUNDRAISI

    total $9,079 · fundraising $9,079

  • 24c · Other expenses: DONOR EXPENSE

    total $2,826 · program services $277 · management and general $9 · fundraising $2,540

  • 24d · Other expenses: TELEPHONE AND INTERNET

    total $1,034 · management and general $1,034

  • 24e · All other expenses

    total $1,162 · program services $329 · management and general $434 · fundraising $399

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $945,811 · end of year $1,129,896

  • 2 · Savings and temporary cash investments

    beginning of year $257,956 · end of year $307,526

  • 3 · Pledges and grants receivable

    beginning of year $424,061 · end of year $493,474

  • 4 · Accounts receivable

    beginning of year $27,105 · end of year $92,202

  • 7 · Other notes and loans receivable

    beginning of year $114,613 · end of year $141,931

  • 8 · Inventories for sale or use

    beginning of year $10,499,435 · end of year $18,573,750

  • 9 · Prepaid expenses and deferred charges

    beginning of year $18,328 · end of year $24,325

  • 10a · Land, buildings and equipment: cost or other basis

    $306,324

  • 10b · Land, buildings and equipment: accumulated depreciation

    $272,714

  • 10c · Land, buildings and equipment, net

    beginning of year $62,707 · end of year $33,610

  • 15 · Other assets

    beginning of year $484,294 · end of year $384,576

  • 17 · Accounts payable and accrued expenses

    beginning of year $236,020 · end of year $283,059

  • 23 · Secured mortgages and notes payable

    beginning of year $261,085 · end of year $607,813

  • 25 · Other liabilities

    beginning of year $606,746 · end of year $463,952

  • 27 · Net assets without donor restrictions

    beginning of year $11,202,308 · end of year $18,905,748

  • 28 · Net assets with donor restrictions

    beginning of year $528,151 · end of year $920,718

Mission and programs · 2024

Mission

MATTER IS A MINNESOTA-BASED GLOBAL HEALTH NONPROFIT ON A MISSION TO HELP PEOPLE LAUNCH PROJECTS THAT IMPROVE COMMUNITIES.

  • MATTER HELPS HOSPITALS REDUCE LANDFILL MEDICAL WASTE BY REPURPOSING MEDICAL EQUIPMENT AND SUPPLIES. THIS IS BEING ACCOMPLISHED THROUGH THE MATTER 360 MODEL OF DISTRIBUTION TO HOSPITAL AND CLINIC PARTNERS, RESALE AND RECYCLING. INTERNATIONALLY, MATTER ADDRESSES BARRIERS TO HEALTH BY GIVING HOSPITALS AND CLINICS THE TOOLS NEEDED TO CARE FOR PATIENTS IN DIGNIFIED WAYS. WE SOURCE, ALLOCATE, AND SHIP LIFE-SAVING MEDICAL SUPPLIES AND EQUIPMENT TO PARTNERS WHO LACK QUALITY HEALTHCARE ON THE FRONT LINES OF SCARCITY. MATTER PARTNERS WITH GOVERNMENTS AND ORGANIZATIONS TO ASSESS HEALTHCARE FACILITIES AND PROCURES AND SHIPS THE EQUIPMENT & SUPPLIES NEEDED TO SUSTAIN PROGRAMS, IMPROVE THE HEALTH OF THE COMMUNITY, AND SAVE LIVES.

    Expenses $39,507,251 · Grants $36,676,975 · Revenue $3,514,212

  • LOCALLY, MATTER ACTIVATES HEALTHY EATING FOR KIDS AND FAMILIES IN MINNESOTA AND AROUND THE U.S. VIA THE MATTERBOX PROGRAM, AN INNOVATIVE SOLUTION TO HEALTHY FOOD ACCESS AND NUTRITION EDUCATION. MATTERBOX ADDRESSES THE GROWING NEED FOR HEALTHY EATING EDUCATION, ESPECIALLY IN COMMUNITIES WHERE POVERTY AND FOOD DESERTS PERSIST. EACH BOX IS AN INTENTIONALLY PROCURED MEAL KIT THAT GIVES A DIGNIFIED EXPERIENCE OF HEALTHIER EATING, AS WELL AS RECIPES, CHALLENGES, TOOLS AND TIPS FOR BUILDING SUSTAINABLE EATING HABITS. MATTERBOX IS NOT ONLY AN IMMEDIATE RESPONSE TO HUNGER, BUT ALSO A CHANNEL FOR CREATING NEW, HEALTHY LIFESTYLE HABITS, PROMOTING LONG TERM CHANGE.

    Expenses $529,647 · Grants $93,934

  • MATTER'S EDUCATION PROGRAM LOOKS TO ADDRESS SYSTEMIC ISSUES IN EDUCATIONAL ORGANIZATIONS PREVENTING ALL STUDENTS' SUCCESS, PARTICULARLY, DIDACTIC INSTRUCTIONAL PRACTICES, PASSIVE ENGAGEMENT, SUBSTITUTIONAL LEVEL OF TECHNOLOGY USE, AND THE LACK OF PERSONALIZATION. THE MATTER INNOVATION HUBS MODEL STUDENT CENTRIC LEARNING TO EMPHASIZE THE IMPORTANCE OF CREATIVE THINKING, PROBLEM SOLVING, AND CREATIVITY. WE BELIEVE THESE EFFORTS SUPPORT THE CONCEPTS OF THE 4TH INDUSTRIAL REVOLUTION: PEOPLE ANYWHERE, WITH ACCESS TO QUALITY INTERNET AND TRANSFORMATIONAL TECHNOLOGY CAN LEARN ANYTHINGAND APPLY THAT KNOWLEDGE TOWARDS SKILLS THAT CONTRIBUTE TO SOCIETY WHILE MAKING LIVING WAGE DOING SO.

    Expenses $5,477,264 · Grants $4,935,743

  • Expenses $242,523 · Grants $105,712

As filed on the 2024 return.

Listed in Part VII

  • QUENTON MARTY

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $207,156
    From this org
    $192,766
    From related orgs
    $0
    Other
    $14,390
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,766
    Bonus
    $10,000
    Other
    $0
    Deferred
    $14,390
    Nontaxable benefits
    $0
    Filer's total
    $207,156

  • JOEL ANDERSON

    EXECUTIVE VP OF MATTER 360

    Total calculated
    $202,245
    From this org
    $188,177
    From related orgs
    $0
    Other
    $14,068
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $126,587
    Bonus
    $61,590
    Other
    $0
    Deferred
    $14,068
    Nontaxable benefits
    $0
    Filer's total
    $202,245

  • JEREMY NEWHOUSE

    CHIEF FINANCIAL OFFICER

    Total calculated
    $167,934
    From this org
    $157,681
    From related orgs
    $0
    Other
    $10,253
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,681
    Bonus
    $10,000
    Other
    $0
    Deferred
    $10,253
    Nontaxable benefits
    $0
    Filer's total
    $167,934

  • TAMI HEDRICK

    CHIEF ENGAGEMENT OFFICER

    Total calculated
    $164,359
    From this org
    $164,359
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,246
    Bonus
    $8,513
    Other
    $15,600
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $164,359

  • VICTOR SALAMONE

    CHIEF CULTURE & BUSINESS DEVELOPMENT OFFICER

    Total calculated
    $161,591
    From this org
    $152,194
    From related orgs
    $0
    Other
    $9,397
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $143,794
    Bonus
    $0
    Other
    $8,400
    Deferred
    $9,397
    Nontaxable benefits
    $0
    Filer's total
    $161,591

  • AMANDA ESCEN

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    3

  • DEVIN DOYLE

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • DR CHRISTOPHER TASHJIAN

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL ACKMANN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CASEY CARL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JAY DEVERELL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PETE GODDARD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DERRICK JOHNSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • CHIPO MTASA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SHELLY NELSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARK PLETTS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • STEVE RYAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • MIKE TAMTE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • AARON JOHNSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MEG MARTIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • ROGER MCCABE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • DAN FAGAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ALYSSA LARUE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • MOLLY HENRY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • SHAMWARI PROJECTS LIMITED

    $835,117

    PROJECT WORK IN ZIMBABWE

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • EXPIRED MEDICAL SUPPLIES LLC

    SALE OF EXPIRED MEDICAL SUPPLIES · MN · income $974,878 · assets $561,513

    Directly controlled by MATTER

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Provenance

Return type
form_990
Tax year
2024
Filed
22 July 2025
IRS schema version
2024v5.2
Source object
202512209349300321

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