Matchbook Learning Solutions Inc
- Assets
- $20.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 132
- Location
- Indianapolis, IN
- Founding
- Data as of
- 06/2018
- EIN
- 45-0820076
Organization Overview
Matchbook Learning Solutions Inc is located in Indianapolis, IN. As of 06/2018, Matchbook Learning Solutions Inc employed 132 individuals. Matchbook Learning Solutions Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
MATCHBOOK LEARNING IS A NON-PROFIT CHARTER MANAGEMENT ORGANIZATION THAT MANAGED TWO LOW-PERFORMING PUBLIC CHARTER SCHOOLS IN NEWARK & DETROIT. MATCHBOOK LEARNING SOLUTIONS HAS DESIGNED A PERSONALIZED MODEL OF LEARNING DESIGNED TO TURNAROUND FAILING PUBLIC SCHOOLS SERVING HIGH POVERTY, HIGH NEED STUDENTS ACROSS THE GRADES OF K-12. AS OF 7/1/2017, MATCHBOOK LEARNING SOLUTIONS BEGAN WINDING DOWN OPERATIONS AND EFFECTIVELY CEASED OPERATIONS AS OF OCTOBER, 2018.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sajan George Board Chair & CEO | 40 | $215,064 | |
Michael Cosak Board Member | 1 | $0 | |
Karl Rectanus Board Member | 1 | $0 | |
Raymond V Pardon Board Member | 1 | $0 | |
Amy Swann Chief Academic Officer | 40 | $136,109 | |
Albert Motley Chief Technology Officer | 40 | $140,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$727,193 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | -$722,193 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $199,453 |
| Professional fees and other payments to independent contractors | $58,924 |
| Occupancy, rent, utilities, and maintenance | $221 |
| Printing, publications, postage, and shipping | $1,686 |
| Other expenses | $25,209 |
| Total expenses | $285,593 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,371 |
| Other assets | $0 |
| Total assets | $20,371 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,371 |