Matter
- Assets
- $9.3m
- Revenue
- $45.7m
- Investments
- $0.0
- Employees
- 23
- Location
- St Louis Park, MN
- Founding
- 01/2003
- Data as of
- 12/2021
- EIN
- 37-1441658
Organization Overview
Matter is located in St Louis Park, MN. The organization was established in 2003. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Matter employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Matter is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Matter generated $45.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $42.5m during the year ending 12/2021. While expenses have increased by 5.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Matter has awarded 29 individual grants totaling $15,493,501. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MATTER IS A MINNESOTA-BASED GLOBAL HEALTH NONPROFIT ON A MISSION TO HELP PEOPLE LAUNCH PROJECTS THAT IMPROVE COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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. IN 2021, OVER ONE MILLION POUNDS WERE REPURPOSED. 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.
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. IN 2021, MATTER WORKED WITH 66 LOCAL PARTNER ORGANIZATIONS, IMPACTING 139,560 PEOPLE VIA THE MATTERBOX PROGRAM - AS WELL AS OVER 6,000 VOLUNTEERS.
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 ANYTHING AND APPLY THAT KNOWLEDGE TOWARDS SKILLS THAT CONTRIBUTE TO SOCIETY WHILE MAKE LIVING WAGE DOING SO.
MATTER DESIGNS SOLUTIONS TO CREATE RESILIENT AND DIVERSIFIED FARMS AROUND THE WORLD. FROM THE DEVELOPMENT OF SUSTAINABLE FARM DESIGNS TO SOURCING AND REPURPOSING FARMING EQUIPMENT IN THE U.S. AND FARM IMPLEMENTATION, MATTER PARTNERS WITH INTERNATIONAL ORGANIZATIONS TO PROVIDE FARMERS WITH THE EQUIPMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Quenton Marty President | Officer | 40 | $128,205 |
Joel Anderson Executive VP Of Matter 360 | Officer | 40 | $120,540 |
Victor Salamone VP Of Business Operations | Officer | 40 | $118,130 |
Jeremy Newhouse Senior VP Of Operations | Officer | 40 | $116,312 |
Chris Newhouse Executive Director Of Sustainability | Officer | 40 | $114,081 |
Michael Ackmann Board Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $6,350 |
| Membership dues | $0 |
| Fundraising events | $314,989 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,856,736 |
| Noncash contributions included in lines 1a–1f | $41,013,527 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,178,075 |
| Total Program Service Revenue | $377,903 |
| Investment income | $17,227 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,388 |
| Net Income from Fundraising Events | -$41,974 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,133,360 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $45,679,354 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,074,185 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $15,305,197 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $597,267 |
| Compensation of current officers, directors, key employees. | $168,449 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $935,026 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $185,391 |
| Payroll taxes | $111,336 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $118 |
| Fees for services: Accounting | $15,379 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,699 |
| Advertising and promotion | $0 |
| Office expenses | $306,610 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $203,732 |
| Travel | $119,245 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,481 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,032 |
| Insurance | $27,183 |
| All other expenses | $2,671 |
| Total functional expenses | $42,480,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,655,776 |
| Savings and temporary cash investments | $9,639 |
| Pledges and grants receivable | $234,120 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,336,730 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $103,375 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,339,640 |
| Accounts payable and accrued expenses | $218,374 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $149,359 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $98,949 |
| Total liabilities | $466,682 |
| Net assets without donor restrictions | $8,132,735 |
| Net assets with donor restrictions | $740,223 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,339,640 |
Grants Awarded
Over the last fiscal year, Matter has awarded $31,958 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
A-VU MEDIA PURPOSE: TO FURTHER TELECOMMUNICATIONS IN AFRICA | $24,758 |
Ponte Vedra Beach, FL PURPOSE: TO START CONSTRUCTION OF MIH FACILITY IN AFGHANISTAN | $7,200 |
Grants Recieved
Over the last fiscal year, we have identified 20 grants that Matter has recieved totaling $829,886.
| Awarding Organization | Amount |
|---|---|
American Gift Fund Wilmington, DE PURPOSE: OPERATIONS | $316,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $216,331 |
Hero Healthcare Equipment Recycling Organization Fargo, ND PURPOSE: TO REDISTRIBUTE ITEMS TO NEEDY | $127,490 |
The Hubbard Broadcasting Foundation St Paul, MN PURPOSE: GENERAL OPERATING SUPPORT 2021 | $50,000 |
Bame Foundation Golden Valley, MN PURPOSE: CHARITABLE GIFT | $29,840 |
Welsh Family Foundation Inc Plymouth, MN PURPOSE: SUPPORT FOR OPERATIONS | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Matter St Louis Park, MN | $9,339,640 | $45,679,354 |
Wisconsin Early Childhood Association Inc Fitchburg, WI | $2,483,636 | $18,900,476 |
Just One More Ministry Inc Glendale, WI | $1,932,610 | $12,025,504 |
4c For Children Inc Milwaukee, WI | $2,198,421 | $5,552,430 |
Hunger Solutions Minnesota St Paul, MN | $2,994,123 | $5,292,224 |
St Joseph Food Program Inc Menasha, WI | $5,404,970 | $4,102,404 |
Western South Dakota Senior Services Inc Rapid City, SD | $3,301,300 | $4,455,527 |
People Reaching Out To Other People Inc Prop Eden Prairie, MN | $2,769,498 | $2,731,994 |
Meals From The Heartland West Des Moines, IA | $4,328,328 | $2,488,215 |
Yes Network Saint Cloud, MN | $1,459,443 | $1,763,578 |
Community Pathways Of Steele County Inc Owatonna, MN | $2,914,788 | $3,205,198 |
North American Traditional Indigenous Food Systems Minneapolis, MN | $2,609,148 | $1,878,725 |