MATTER (EIN 371441658) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

QUENTON MARTY

Phone

9525008652

Tax Period

2024-01-01 to 2024-12-31

MATTER, founded in 2002, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $54.9M in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. Expenses of $46.8M left a modest 15% surplus.

Mission

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

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $51,360,533

Program Service Revenue $262,337

Investment Income $43,735

Other Revenue $3,212,770

TOTAL REVENUE $54,879,375

Expense Breakdown

Grants Paid $41,812,364

Salaries & Benefits $3,194,638

Fundraising Expenses $299,033

Program Expenses $45,756,685

Other Expenses $1,776,366

TOTAL EXPENSES $46,783,368

Year-over-Year Comparison

	2024	2023	Change
Revenue	$54,879,375	$34,986,952	+0.6%
Expenses	$46,783,368	$35,671,234	+0.3%
Net Income	$8,096,007	$-684,282	-12.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

11566

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
QUENTON MARTY	CHIEF EXECUTIVE OFFICER	40.00	Highest	$192,766	$14,390	$207,156
JOEL ANDERSON	EXECUTIVE VP OF MATTER 360	40.00	Highest	$188,177	$14,068	$202,245
JEREMY NEWHOUSE	CHIEF FINANCIAL OFFICER	40.00	Highest	$157,681	$10,253	$167,934
TAMI HEDRICK	CHIEF ENGAGEMENT OFFICER	40.00	Highest	$164,359	$0	$164,359
VICTOR SALAMONE	CHIEF CULTURE & BUSINESS DEVELOPMENT OFFICER	40.00	Highest	$152,194	$9,397	$161,591
AMANDA ESCEN	BOARD CHAIR	3.00	Officer Director	$0	$0	$0
DEVIN DOYLE	TREASURER	2.00	Officer Director	$0	$0	$0
DR CHRISTOPHER TASHJIAN	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL ACKMANN	BOARD MEMBER	1.00	Director	$0	$0	$0
CASEY CARL	BOARD MEMBER	1.00	Director	$0	$0	$0
JAY DEVERELL	BOARD MEMBER	1.00	Director	$0	$0	$0
PETE GODDARD	BOARD MEMBER	1.00	Director	$0	$0	$0
DERRICK JOHNSON	BOARD MEMBER	2.00	Director	$0	$0	$0
CHIPO MTASA	BOARD MEMBER	1.00	Director	$0	$0	$0
SHELLY NELSON	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK PLETTS	BOARD MEMBER	2.00	Director	$0	$0	$0
STEVE RYAN	BOARD MEMBER	2.00	Director	$0	$0	$0
MIKE TAMTE	BOARD MEMBER	1.00	Director	$0	$0	$0
AARON JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
MEG MARTIN	BOARD MEMBER	2.00	Director	$0	$0	$0
ROGER MCCABE	BOARD MEMBER	2.00	Director	$0	$0	$0
DAN FAGAN	BOARD MEMBER	1.00	Director	$0	$0	$0
ALYSSA LARUE	BOARD MEMBER	2.00	Director	$0	$0	$0
MOLLY HENRY	BOARD MEMBER	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$54,879,375	$46,783,368	$21,181,290	$8,096,007
2023	$34,986,952	$35,671,234	$12,834,310	$-684,282
2022	$43,565,077	$39,964,233	$13,588,802	$3,600,844
2021	$45,679,354	$42,480,716	$9,339,640	$3,198,638
2020	$35,521,970	$36,867,847	$5,978,420	$-1,345,877
2019	$28,710,676	$26,350,075	$7,175,513	$2,360,601
2018	$20,078,322	$23,620,973	$4,942,306	$-3,542,651

MATTER