Matrix Institute On Addictions Inc
- Assets
- $2.2m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 76
- Location
- Santa Monica, CA
- Founding
- Data as of
- 06/2017
- EIN
- 95-4168619
Organization Overview
Matrix Institute On Addictions Inc is located in Santa Monica, CA. As of 06/2017, Matrix Institute On Addictions Inc employed 76 individuals. Matrix Institute On Addictions Inc 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 06/2017, Matrix Institute On Addictions Inc generated $4.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $4.1m during the year ending 06/2017. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVING THE LIVES OF INDIVIDUALS AND FAMILIES AFFECTED BY ALCOHOL AND OTHER DRUG USE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED TREATMENT TO CLIENTS IN FOUR LOCATIONS.
PROVIDED TREATMENT TO CLIENTS AND CONDUCTED RESEARCH IN FOUR LOCATIONS.
PROVIDE TRAINING TO THERAPISTS ACROSS THE UNITED STATES AND INTERNATIONALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffery N Wilkins MD Director | Trustee | 2 | $0 |
Michael Mccann Director | OfficerTrustee | 40 | $104,130 |
Mark Conley Director | Trustee | 2 | $0 |
Jeanne Obert Mft Msm Director | Trustee | 30 | $16,888 |
Patricia Marinelli-Casey PHD Director | Trustee | 20 | $65,567 |
Carol Archie MD Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,299,818 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,299,818 |
| Total Program Service Revenue | $1,725,329 |
| Investment income | $1,851 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,026,998 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $349,498 |
| Compensation of current officers, directors, key employees. | $349,498 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,975,435 |
| Pension plan accruals and contributions | $67,932 |
| Other employee benefits | $134,136 |
| Payroll taxes | $193,462 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $66,287 |
| Office expenses | $77,746 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $377,359 |
| Travel | $59,046 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,956 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,815 |
| Insurance | $35,795 |
| All other expenses | $277,541 |
| Total functional expenses | $4,123,266 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $668,030 |
| Savings and temporary cash investments | $953,684 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $429,240 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $139,849 |
| Net Land, buildings, and equipment | $4,521 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,107 |
| Total assets | $2,231,431 |
| Accounts payable and accrued expenses | $330,065 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $330,065 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $1,901,366 |