Matrix Housing Services

IRS exemption revoked

Minneapolis, MNUnknown exempt organization EIN 47-3667784Revenue $1.9M in FY2020Latest return filed Nov 15, 2021

On file with the IRSmatrixhousingservices.orgMinneapolis, MN

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The mission of Matrix Housing Services is to deliver high-quality programs and well rounded Services for people experiencing homelessness.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-3667784) · Dispute this line
70¢ of each $1 spent went to programs.
Run by 380 volunteers and 22 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
The IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2020
latest Form 990
The latest return is for FY2020, 6 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $59K a year · 4% of revenue · last 2 filings
A surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
70%
of spending
70% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$195K
to officers and key staff · 11% of spending
Pay to officers and key staff is 11% of spending.
Part VII, Section A
1.8 mo
of spending, in cash
1.8 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $20
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$322K
80% of total assets
Liabilities are 80% of assets.
Pt X · Ln 26
Independent board members
2
of 4 voting members
2 of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.9M
+94% vs prior year
Spent
$1.8M
To programs
70%
Net assets
$82K
By yearFY2019–FY2020
Revenue
$1.9M
FY2020▲ +94%
Tap a bar for its year
Revenue by fiscal year
FY2019$982K
FY2020$1.9M
Expenses
$1.8M
FY2020▲ +82%
Tap a bar for its year
Expenses by fiscal year
FY2019$980K
FY2020$1.8M
Net assets
$82K
FY2020▲ +339%
Tap a bar for its year
Net assets by fiscal year
FY2019−$34K
FY2020$82K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

IRS revoked this organization's tax-exempt status on May 15, 2024

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $1.3M Management & general 30% · $532K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990; $195K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director
$98,246Pt VII · Sec A
Director of Programs
$96,865Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
Board Chair Interim Treasure
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2020FY2019
Subashini Ambrose$98,246$81,000
Kristen Brown$96,865$72,039

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Matrix Housing Services executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II2 listed

Programs and updates

Provides programs and services for people experiencing homelessness.

Questions for Matrix Housing Services

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Your first name shows with your question. Matrix Housing Services answers here, for everyone.

3 programs · $1.3M · in their own filed words · FY2020
01

Emergyency Shelter and Resource Center

Matrix emergency shelter served 199 adults who were experiencing homelessness in dakota county. We provided a safe place to sleep, food, and case management support services. In march 2020, shelter operations were moved to a hotel to provide non-congregate shelter in response to COVID-19.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-3667784) · Dispute this line
$669Kprogram expense
02

Coordinated Entry Assessments

Assessed 840 people who were staying outside or in shelter in hennepin county. The assessors field inquiries about housing and coordinated entry in hennepin county, maintain contact with people who are assessed, and assist in connecting clients to housing providers once they are referred.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-3667784) · Dispute this line
$475Kprogram expense
03

Rapid Rehousing

We served families and single adults who were experiencing homelessness in dakota county. 27 participants were assisted with obtaining housing, case management support services to help stabilize their housing, and rental assistance. In hennepin county we served 41 singles and 34 families who were experiencing homelessness.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-3667784) · Dispute this line
$109Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$20

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.9M
Ln 12
Gifts and grantsLn 1h$1.9M
Investment incomeLn 3$1
Money outPt IX
$1.8M
Ln 25
Programscol B$1.3M
Managementcol C$532K
Owns and owesPt X
$82K
net assets · Ln 32
Cash and savingsLn 1–2$272K
Total assetsLn 16$404K
LiabilitiesLn 26$322K
PeoplePt VI, VII
4
listed · VII A
PaidVII A2
Voting boardVI 1a4
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.9M
Government grantsLn 1e$1.9M
Investment incomeLn 3$1
Total revenueLn 12$1.9M
Assets in detailPt X, end of year
CashLn 1$272K
Cash and savings togetherLn 1–2$272K
Accounts receivableLn 4$124K
Land, buildings, equipmentLn 10c$5K
Other assetsLn 15$2K
Total assetsLn 16$404K
LiabilitiesLn 26$322K
Net assetsLn 32$82K
OperationsPt I, VI
EmployeesI 522
VolunteersI 6380
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$71K$272K
Land, buildings, equipmentLn 10c$5K
Total assetsLn 16$74K$404K
LiabilitiesLn 26$108K$322K
Net assetsLn 32−$34K$82K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$195K$195K
Other salaries and wagesLn 7$450K$380K$70K
Other employee benefitsLn 9$82K$56K$26K
Payroll taxesLn 10$50K$30K$21K
Other fees for servicesLn 11g$8K$8K
Advertising and promotionLn 12$11$11
Office expensesLn 13$10K$4K$6K
Information technologyLn 14$6K$40$6K
OccupancyLn 16$59K$59K
TravelLn 17$53$53
Conferences, conventions and meetingsLn 19$3K$3K
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$688$688
Other expenses (24a–d)Ln 24$898K$779K$119K
All other expensesLn 24e$22K$5K$16K
Total functional expensesLn 25$1.8M$1.3M$532K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2020 Latest ViewingFiled with the IRS Nov 15, 2021 $1.9M$1.8M$116K$82K 990 PDF
FY2019Filed with the IRS Apr 20, 2021 $982K$980K$1K−$34K 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $1,901,879 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $981,598$1,901,878
I-9 Program service revenue$0
I-10 Investment incomePrior year $19$1
I-11 Other revenue$0
I-12 Total revenuePrior year $981,617$1,901,879
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $478,661$777,531
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $501,721$1,008,020
I-18 Total expensesPrior year $980,382$1,785,551
I-19 Revenue less expensesPrior year $1,235$116,328
Part VI · Governance 2 of 4 board members independent, no flags
VI-1a Voting members of the governing body4
VI-1b Independent voting members2
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,901,879 across 5 lines filed
VIII-1e Government grants$1,853,579
VIII-1f All other contributions, gifts and grants$48,299
VIII-1h Total contributions, gifts and grants$1,901,878
VIII-3 Investment incomeRelated to mission $1$1
VIII-12 Total revenueRelated to mission $1 · Unrelated business $0 · Excluded from tax $0$1,901,879
Part IX · Statement of functional expenses $1,785,551 across 15 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Management $195,111$195,111
IX-7 Other salaries and wagesPrograms $380,073 · Management $70,059$450,132
IX-9 Other employee benefitsPrograms $56,000 · Management $26,188$82,188
IX-10 Payroll taxesPrograms $29,511 · Management $20,589$50,100
IX-11g Other fees for servicesManagement $8,192$8,192
IX-12 Advertising and promotionManagement $11$11
IX-13 Office expensesPrograms $3,605 · Management $6,319$9,924
IX-14 Information technologyPrograms $40 · Management $6,301$6,341
IX-16 OccupancyManagement $58,650$58,650
IX-17 TravelManagement $53$53
IX-19 Conferences, conventions and meetingsManagement $3,034$3,034
IX-22 Depreciation, depletion and amortizationManagement $1,322$1,322
IX-23 InsuranceManagement $688$688
IX-24 Other expenses (24a–d)Programs $778,929 · Management $119,176$898,105
IX-24e All other expensesPrograms $5,308 · Management $16,392$21,700
IX-25 Total functional expensesPrograms $1,253,466 · Management $532,085 · Fundraising $0$1,785,551
Part X · Balance sheet $403,720 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $71,471$272,107
X-4 Accounts receivable$123,923
X-10c Land, buildings and equipment, net$5,289
X-15 Other assetsStart of year $2,401$2,401
X-16 Total assetsStart of year $73,872$403,720
X-17 Accounts payable and accrued expensesStart of year $62,104$226,660
X-23 Secured mortgages and notes payable$95,000
X-26 Total liabilitiesStart of year $108,140$321,660
X-27 Net assets without donor restrictionsStart of year −$34,268$82,060
X-32 Total net assets or fund balancesStart of year −$34,268$82,060
X-33 Total liabilities and net assetsStart of year $73,872$403,720
Part XI · Reconciliation of net assets $82,060 net assets at year end
XI-1 Total revenue$1,901,879
XI-2 Total expenses$1,785,551
XI-3 Revenue less expenses$116,328
XI-4 Net assets at start of year−$34,268
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$82,060

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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