The Michael Matters Foundation Inc

EIN: 461414767 501(c)(3) Medical Research

Libertyville, IL

Total Revenue
$173,537
Total Expenses
$174,091
Total Assets
$92,077
Net Assets
$92,077
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
IL
Phone
8479189100
Tax Period
2019-01-01 to 2019-12-31

The Michael Matters Foundation Inc, founded in 2012, is a small nonprofit in the Medical Research sector that reported $174K in total revenue in fiscal year 2019.

Mission

To increase publics awareness of the Glioblastoma Brain Tumor.To support research to find a cure. To provide emotional and financial support for families who suffer from diseases impact.

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Trantor Score

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

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

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $34,614
Program Service Revenue $0
Investment Income $0
Other Revenue $138,923
TOTAL REVENUE $173,537

Expense Breakdown

Grants Paid $169,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $169,000
Other Expenses $5,091
TOTAL EXPENSES $174,091

Year-over-Year Comparison

2019 2018 Change
Revenue $173,537 N/A N/A
Expenses $174,091 N/A N/A
Net Income $-554 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
13
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ret Senator James F Clayborn Director 2.00
Director
$0 $0 $0
Mary S Schostock Director 5.00
Director
$0 $0 $0
Louis C Cairo Director 2.00
Director
$0 $0 $0
Ryan Thomas Merrell Director 2.00
Director
$0 $0 $0
William E Krauss Director 2.00
Director
$0 $0 $0
Lawrence Fisher Director 2.00
Director
$0 $0 $0
Richard H Kolb III Director 2.00
Director
$0 $0 $0
Michael J Schostok Director 2.00
Director
$0 $0 $0
Johnathan Kiwala Director 2.00
Director
$0 $0 $0
Marisa Schostok Buckley President 5.00
$0 $0 $0
Matthew L Williams Vice President 5.00
$0 $0 $0
Jackie Bange Secretary 2.00
$0 $0 $0
Richard H Kolb Jr Treasurer 5.00
$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
2019 $173,537 $174,091 $92,077 $-554
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