Matthew Silverman Memorial Foundation
Nonprofit profile at a glance
- EIN
- 464024522
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Beverly Hills, CA, USA
- Phone
- 4242938000
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.
Reported finances
- Revenue
- $619,051
- Expenses
- $621,021
- Assets
- $2,119,194
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- RON SILVERMAN (PRESIDENT, CHAIRMAN, DIREC)
People named in this filing
- RON SILVERMAN (PRESIDENT, CHAIRMAN, DIREC)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Matthew silverman memorial foundation is a nonprofit organization dedicated to raising mental health awareness with the goal of preventing suicide and saving lives. It provides financial and programmatic support as well as mental health programs for teens and young adults.
What it reported doing in 2024
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. The foundation also added workshops to 50 new schools in the current year while sustaining all existing school programs from the prior year. An emphasis was placed on including mental health and suicide prevention curriculum in these schools. The foundation also continued to successfully implement mental health awareness social media campaigns through instagram and other platforms. Finally, the foundation continued to provide licensure track therapists and paraprofessionals with suicide prevention training that will be useful throughout their careers.
Operating model
- Revenue model
- Donor-supported. 91% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. Some filing-based governance responses are negative or unanswered and a relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 42
- Transparency & Controls: 86
- Accountability: 6
- Sustainability: 59
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 38.9%; rating input score 39
- Program expense ratio: 31.8%; rating input score 32
- Fundraising efficiency: $87.04 raised per $1 spent on fundraising; rating input score 85; 85th percentile among comparable filings
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: Limited
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -0.3%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 3.41; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 6.6% per year; rating input score 100; 50th percentile among comparable filings
- Revenue growth: -12.2% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: 15% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 38.9% of revenue deployed · 31.8% of spending went to programs
- Governance: 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $197K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 5 of 6 not reported.
- Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
- Moderate — Financial Efficiency: Program expense ratio scored 32/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 34/100.