2020-11-13T14:19:00-06:00 2020-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2019-07-01 043476160 THE MATCH FOUNDATION INC MATC 6172320300 215 FOREST HILLS STREET JAMAICA PLAIN MA 02130 NNENNA UDE PRESIDENT AND CEO 6172320300 2020-11-13 1 JOHN BUCKLEY CPA P00830631 5083669100 2020-11-13 40.70.31.102 2020-11-13 10:53:36 ES P 87AE54C884FF003181B05E7BF84F4C93A3EEF9A3 87AE54C884FF003181B05E7BF84F4C93A3EEF9A3 2019 2021-01-29 14:40:06Z NNENNA UDE 215 FOREST HILLS STREET JAMAICA PLAIN MA 02130 2567193 0 X WWW.MATCHEDUCATION.ORG X 1999 MA SEE SCHEDULE O 4 4 23 14 0 0 800359 937701 33343 73293 1170533 1131209 262074 253556 2266309 2395759 1319177 1140805 0 0 1253904 1365283 0 0 134132 1280060 1133380 3853141 3639468 -1586832 -1243709 45542483 43320627 22088376 21110229 23454107 22210398 X THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE TO PROVIDE FINANCIAL SUPPORT AND SERVICES TO MATCH CHARTER PUBLIC SCHOOL, A MASSACHUSETTS CHARTER SCHOOL. 0 0 1144919 73293 MATCH EXPORT IS A PROGRAM THAT SEEKS TO TRANSFER THE KNOWLEDGE THAT HAS BEEN GENERATED ACROSS MATCH EDUCATION IN THE FIELDS OF PREK-12 SCHOOLING AND TEACHER PREPARATION. MATCH EXPORT DISSEMINATES INFORMATION TO TEACHERS, SCHOOL AND DISTRICT LEADERS, TEACHER PREPARATION PROGRAMS, AND OTHER STAKEHOLDERS THROUGH THREE WEBSITES: MATCH FISHTANK, MATCH MINIS AND MATCH SCHOOLHOUSE. 2109929 1140805 PROVIDES SUPPORT FOR MATCH CHARTER PUBLIC SCHOOL INCLUDING FACILITIES DEBT SERVICE AND TUTOR HOUSING. OPERATING SUPPORT AND GRANT TO CHARLES SPOSATO GRADUATE SCHOOL OF EDUCATION. 2109929 1140805 3254848 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 23 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X ANNE HEALY CHIEF FINANCIAL OFFICER 6172320300 215 FOREST HILLS JAMAICA PLAIN MA 02130 X CLAIRE KAPLAN EXEC. DIRECTOR, MATCH EXPORT 40.00 X 126722 0 611 ANNE HEALY CHIEF FINANCIAL OFFICER 40.00 X 118650 0 14732 NNENNA UDE PRESIDENT/CEO 5.00 X 0 0 0 MATTHEW VETTEL CHAIR, TREASURER, DIRECTOR 1.00 X X 0 0 0 ALEX CORTEZ CLERK AND DIRECTOR (THRU OCT 2019) 1.00 X X 0 0 0 ORLANDO WATKINS CLERK AND DIRECTOR 1.00 X X 0 0 0 ROBERT FOGEL DIRECTOR (BEG. SEPT 2019) 1.00 X 0 0 0 JOHN CALHOUN DIRECTOR (BEG. SEPT 2019) 1.00 X 0 0 0 245372 0 15343 2 0 0 0 0 937701 937701 ONLINE LICENSING/TRAINING 611710 72951 72951 PUBLISHING 611710 342 342 73293 1131209 1131209 143805 171434 -27629 -27629 -27629 AMORTIZATION OF BOND DISCOUNT 900099 281185 281185 281185 2395759 73293 0 1384765 1119385 1119385 21420 21420 129453 129453 1054517 923278 23129 108110 100544 91412 9132 80769 68635 5277 6857 42113 22453 19660 2657 2657 19628 19628 4092 4092 35564 33758 1806 8562 5950 2612 35517 14033 21484 26171 24472 1127 572 815401 815401 93425 93425 4847 4847 DUES AND SUBSCRIPTIONS 17600 1290 8655 7655 PROFESSIONAL DEVELOPMEN 14210 14210 MISCELLANEOUS 13593 5726 7867 3639468 3254848 250488 134132 533908 434725 5643638 4597160 751035 306793 24251803 23437439 13907 11400 2155913 902827 1346511 1253086 13001681 13280024 45542483 43320627 131479 171817 20519433 20008738 1364900 869853 72564 59821 22088376 21110229 X 22796980 22179863 657127 30535 23454107 22210398 45542483 43320627 -1243709 0 X X 0 1 X 1 0 X 5226572 5121384 4565209 800359 937701 16651225 5226572 5121384 4565209 800359 937701 16651225 4548785 12102440 1239018 1203630 1119885 1170533 1131209 5864275 76007 90220 166227 22681727 1653300 0.53360 0.69590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 436600 436600 1411235 676140 735095 308078 226687 81391 1253086 BOND RECEIVABLE 13277073 DUE FROM THE CHARLES SPOSATO GRADUATE SCHOOL OF EDUCATION, INC. 2951 13280024 DUE TO THE MATCH CHARTER PUBLIC SCHOOL 59821 59821 X 2567193 171434 171434 2395759 0 2395759 3810902 171434 171434 3639468 0 3639468 PART X, LINE 2: THE MATCH FOUNDATION, INC. ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FOUNDATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE SCHEDULE D PART XII, LINE 2D AND 4B RENTAL INCOME IS SHOWN NET OF RELATED EXPENSES IN FORM 990, PART VIII. 1 MATCH CHARTER PUBLIC SCHOOL 215 FOREST HILLS STREET JAMAICA PLAIN MA 02130 043453891 501(C)(3) 313600 TO SUPPORT THE MATCH CHARTER PUBLIC SCHOOL THE CHARLES SPOSATO GRADUATE SCHOOL OF EDUCATION INC 215 FOREST HILLS STREET JAMAICA PLAIN MA 02130 300639724 501(C)(3) 700000 TO SUPPORT THE CHARLES SPOSATO GRADUATE SCHOOL OF EDUCATION, INC. FIVE SMOOTH STONES FOUNDATION 4 WEST READ STREET BALTIMORE MD 21201 274400615 501(C)(3) 104785 TO PASS AMERICORPS FUNDING FROM THE CORPORATION FOR NATIONAL AND COMMUNITY SERVICE TO SUBGRANTEE. 3 GIFT CARDS TO FAMILIES OF STUDENTS 66 21420 FORM 990 SCHEDULE I THE FOUNDATION REVIEWS EXPENDITURES INCURRED UNDER THE GRANT BY THE SCHOOLS. A MATCH SCHOOL FOUNDATION ISSUE SERIES 2014A 043431814 2014-08-21 4000000 TO FUND CAPITAL PROJECTS 0 0 0 B MATCH SCHOOL FOUNDATION ISSUE SERIES 2014B 043431814 2014-08-21 18000000 TO FUND CAPITAL PROJECTS 0 0 0 A 1725743 4000000 71851 49923 3878226 2015 0 0 1 1 B 18000000 123611 224655 17651734 2015 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 0 B 0 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE MATCH FOUNDATION, INC. ALSO SUPPORTS THE CHARLES SPOSATO GRADUATE SCHOOL OF EDUCATION, INC., A NOT-FOR-PROFIT CORPORATION THAT OFFERS A MASTERS IN EFFECTIVE TEACHING DEGREE TO CANDIDATES STUDYING AND TRAINING TO TEACH IN HIGH-POVERTY URBAN SCHOOLS. ADDITIONALLY, THE MATCH FOUNDATION, INC. ENGAGES IN INITIATIVES TO DISSEMINATE BEST PRACTICES AND PROVIDE SUPPLEMENTARY SUPPORT SERVICES. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS REVIEWED BY THE CFO AND THE PRESIDENT/CEO AND IS THEN PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY MONITORS CONFLICTS OF INTEREST THROUGH BOARD MEMBER DISCLOSURE SIGNOFFS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS ITS OWN COMPENSATION COMMITTEE, COMPRISED OF MEMBERS OF ITS BOARD OF DIRECTORS, THAT ANNUALLY MEETS TO COMPLETE PERFORMANCE EVALUATIONS AND MAKE SALARY DECISIONS FOR THE PRESIDENT AND CEO. FORM 990, PART VI, SECTION C, LINE 19 INDIVIDUAL REQUESTS ARE ADDRESSED ON A CASE-BY-CASE BASIS. FORM 990, PART XII, LINE 2C THE FOUNDATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. FORM 990, PART VII NNENNA UDE, THE PRESIDENT AND CEO, IS NOT COMPENSATED BY THE ORGANIZATION. UDE IS COMPENSATED BY MATCH CHARTER PUBLIC SCHOOL (THE SCHOOL), WHICH IS UNRELATED TO THE ORGANIZATION, FOR SERVING AS THE EXECUTIVE DIRECTOR. THE SCHOOL HAS A DISTINCT INSTITUTIONAL INTEREST IN HAVING UDE SERVE AS SENIOR MANAGER AND OFFICER OF THE ORGANIZATION, AND REQUIRES UDE TO SERVE AS PRESIDENT AND CEO OF THE ORGANIZATION AS PART OF HER SERVICES TO THE SCHOOL.