Matching Gift is located in Newport Beach, CA. The organization was established in 2016. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Matching Gift 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 12/2022, Matching Gift generated $75.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $64.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY ACTIVITY OF THE ORGANIZATION IS TO ALLEVIATE HUNGER, SHELTER AND PROMOTE HEALTH THROUGHOUT THE WORLD EITHER THROUGH PROGRAMS IT CREATES OR OTHERS IT SUPPORTS. ALL EXPENDITURES IN PROGRAMS ARE CAREFULLY BUDGETED IN ADVANCE, CHECKED, CONFIRMED, AND VERIFIED WITH THE BUDGET. NO ONE WHO IS AN OFFICER OR DIRECTOR IS PAID FOR SERVICES. THE ORGANIZATION ALSO CREATES OR SUPPORTS CONSERVATION THROUGHOUT THE WORLD AND US VETERANS.
Describe the Organization's Program Activity:
Part 3
THE PRIMARY ACTIVITY OF THE ORGANIZATION IS TO ALLEVIATE HUNGER, SHELTER AND PROMOTE HEALTH THROUGHOUT THE WORLD EITHER THROUGH PROGRAMS IT CREATES OR OTHERS IT SUPPORTS. ALL EXPENDITURES IN PROGRAMS ARE CAREFULLY BUDGETED IN ADVANCE, CHECKED, CONFIRMED, AND VERIFIED WITH THE BUDGET. NO ONE WHO IS AN OFFICER OR DIRECTOR IS PAID FOR SERVICES. THE ORGANIZATION ALSO CREATES OR SUPPORTS CONSERVATION THROUGHOUT THE WORLD AND US VETERANS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kenette Molway CEO | Officer | 1 | $0 |
Jonathan Cheadle CFO | Officer | 2 | $0 |
Daniela Gallardo Secretary | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $75,600 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $9 |
Total Revenue | $75,609 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $413 |
Total expenses | $64,865 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $214,235 |
Other assets | $0 |
Total assets | $214,235 |
Total liabilities | $0 |
Net assets or fund balances | $214,235 |
Over the last fiscal year, Matching Gift has awarded $108,642 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
ECHO PURPOSE: MATCHING CHARITABLE GIFTS FOR CHARITABLE PURPOSES | $15,000 |
VOICE OF THE MARTYRS PURPOSE: MATCHING CHARITABLE GIFTS FOR CHARITABLE PURPOSES | $24,000 |
BIBLE STUDY FELLOWSHIP PURPOSE: MATCHING CHARITABLE GIFTS FOR CHARITABLE PURPOSES | $30,000 |
HOPE MISSION SOCIETY PURPOSE: MATCHING CHARITABLE GIFTS FOR CHARITABLE PURPOSES | $39,642 |