Matthew Silverman Memorial Foundation EIN 46-4024522 Form 990 (PDF) Claim this org

Matthew Silverman Memorial Foundation

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Offers mental health support and services to teens and young adults to prevent suicide. For fiscal year 2024 it reported $619K in revenue, $621K in expenses, and $2.1M in net assets.Pt I

Founded
2013
Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Beverly Hills, CA
Website
www.mattsfoundation.org
Filings
4 on file (2021–2024)
Revenue
$619KFY2024
Expenses
$621K
Net assets
$2.1M
People
1
Filings
4
Updates
0
More identity details & actions ⌄
EIN  46-4024522 Public foundation / grantmaker Beverly Hills, CA Founded 2013
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers mental health support and services to teens and young adults to prevent suicide.
Leadership
Ron Silverman · President, Chairman, Direc
Money in and out
$619K revenue, $621K expenses
Bottom line
32% program efficiency
Grants paid & assets · FY2024
Total revenue
$619K
Pt VIII · Ln 12
Total expenses
$621K
Pt IX · Ln 25
Net assets
$2.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$2K
Where spending went · Part IX cols B–D
Program services $0.32 Management & general $0.67 Fundraising $0.01
Program efficiency
32%
of spending reaches programs▼ -17% vs prior filing year
Operating runway
42.1mo
months of highly liquid reserves at operating expense rate▲ +6% vs prior filing year
Surplus margin
-0.3%
revenue over expenses, this year▼ -103% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$619K
FY2024▼ -7%
Expenses
$621K
FY2024▲ +3%
Total assets
$2.1M
FY2024▲ +8%
Total liabilities
$0
FY2024
Total revenue
$619K
Pt VIII · Ln 12
Total expenses
$621K
Pt IX · Ln 25
Net assets
$2.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$2K
Total assetsPt X · Ln 16$2.1M
Program-expense ratioPt IX · col B32%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMatthew Silverman Memorial Foundation
EINHdr · item D46-4024522
Principal addressHdr · item CBeverly Hills, CA
WebsiteHdr · item Jwww.mattsfoundation.org
Year of formationHdr · item L2013
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T99)
Ruling yearIRS BMFFeb 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President, Chairman, Direc
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $197K of program spending, described in the organization's own filed words · FY2024.
01

The foundation continued its successful virtual and in-person learning platforms with parents, educators, professionals, and students ages 12-22. In-person workshops were held on various charter middle and high school campuses to teach mental health to small groups of students.

$197Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$547K · 88%
Investment income$72K · 12%
Contributions & grants88%$547K
Investment income12%$72K
Total revenueLn 12$619K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.32 Management & general $0.67 Fundraising $0.01
Program services32%$197K
Management & general67%$417K
Fundraising1%$6K
Total functional expensesLn 25$621K

Balance Sheet

Part X · end of year
CashLn 1$250K
Total assetsLn 16$2.1M
Total liabilitiesLn 26$0
Total net assetsLn 32$2.1M
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.1M · Operating expenses (Pt IX) $621K · Less non-cash grants $16K · Cash operating expenses/yr $605K
42.1 months
Where the money goes
Program services
Program services $197K · Total expenses $621K
32%
Management & General
Management & general $417K · Total expenses $621K
67%
Fundraising
Fundraising $6K · Total expenses $621K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $617K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $547K · Total revenue $619K
88%
Government reliance
Government grants — · Total revenue $619K
Earned-income share
Program service revenue $0 · Total revenue $619K
0%
Investment reliance
Investment income $72K · Total revenue $619K
+12%
Program self-sufficiency
Program service revenue $0 · Total expenses $621K
0%
Growth & trend
Revenue growth (YoY)
This year $619K · Prior year $665K
-7%
Revenue CAGR
FY2020 $1.0M · FY2024 $619K
-12%
Net-asset trend (YoY)
End of year $2.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $619K · Expenses $621K
-0.3%
Liabilities-to-Assets
Total liabilities — · Total assets $2.1M
Net-asset ratio
Net assets $2.1M · Total assets $2.1M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $7K · Other securities (Pt X, ln 12) $1.9M · Total assets (Pt X, ln 16) $2.1M
88%
People & payroll
Highest Reported Total Compensation
Individual Ron Silverman · Reported title PRESIDENT, CHAIRMAN, DIREC · Highest reported compensation $0 · Total expenses $621K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $360K · Total expenses $621K
58%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 32%
Overhead ratio 67%
Fundraising cost ratio 1%
Revenue growth -7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 12 funders →
Grants paid · 1 grant · $8K · 2022–2022

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$665K revenue · ⤓ 990 PDF
FY2023$835K revenue · ⤓ 990 PDF
FY2022$830K revenue · ⤓ 990 PDF
FY2021$1.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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