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Nonprofit · EIN 45-4985621

SCHOLARMATCH INC

Tax-exempt · SAN FRANCISCO, CA 94110

Financials

$3.6M$3.4M2021$4.4M$3M2022$4.1M$3.9M2023$4M$4.4M2024
Revenue Expenses · by fiscal year end
Financials of SCHOLARMATCH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$3,990,444$4,414,262-$423,818$6,518,604$145,833$6,372,771
September 30, 2024990$4,078,522$3,895,947$182,575$7,156,890$357,704$6,799,186
September 30, 2023990$4,434,883$2,993,103$1,441,780$6,742,763$128,010$6,614,753
September 30, 2022990 (amended)$3,582,533$3,399,629$182,904$5,261,004$94,371$5,166,633
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$3,819,362
Program service revenue
$0
Investment income
$190,694
Net income from fundraising events
-$19,612
Other revenue
-$19,612

Expenses

Grants and similar amounts paid
$1,271,663
Compensation of officers, directors and key employees
$232,714
Other salaries and wages
$1,790,777
Salaries, compensation and benefits (total)
$2,415,536
Professional fundraising fees
$0
Legal fees
$649
Accounting fees
$83,684
Occupancy
$6,960
Program services (functional)
$3,067,935
Management and general (functional)
$640,610
Fundraising (functional)
$705,717

Balance sheet and other

Total assets, start of year
$7,156,890
Total assets, end of year
$6,518,604
Total liabilities, end of year
$145,833
Net assets, end of year
$6,372,771
Publicly traded securities
$1,126,729
Net assets without donor restrictions
$3,041,391
Net assets with donor restrictions
$3,331,380
Gross receipts
$4,017,284
Employees
29
Volunteers
540
Year formed
2012
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KARLA SALAZAREXECUTIVE DIRECTOR
Officer
40$199,878$22,915
JULIE ANGULODIRECTOR OF ADVANCEMENT
Highest-paid employee
40$140,401$21,457
MARY PHAMDIRECTOR OF HUMAN RESOURCES
Highest-paid employee
40$132,986$12,662
DEVON WESSMAN-SMERDON MOORESR. DIR. OF PROGRAMS AND COMPLIANCE
Highest-paid employee
40$129,327$5,681
LISA LOPEZDIRECTOR OF COLLEGE ACCESS
Highest-paid employee
40$109,775$12,950
KAREN GRACE-BAKERCHAIR
Trustee or director, Officer
3$0$0
LUZ GOMEZVICE CHAIR
Trustee or director, Officer
1$0$0
ALICIA PERLA JDSECRETARY
Trustee or director, Officer
1$0$0
AYANDA MAGWAZA CPATREASURER
Trustee or director, Officer
1$0$0
STEVE BENNETDIRECTOR
Trustee or director
0.8$0$0
PAIGE DELACEYDIRECTOR
Trustee or director
0.8$0$0
NEHA GUPTA ESQDIRECTOR
Trustee or director
0.8$0$0
DR JULIE HUANGDIRECTOR
Trustee or director
0.8$0$0
ISAAC Y KIMDIRECTOR
Trustee or director
0.8$0$0
DR TERRANCE MAYESDIRECTOR
Trustee or director
0.8$0$0
5 more people on this return
NameTitleHours / weekCompensation
JOSE MARTINEZDIRECTOR (UNTIL 02/2025)
Trustee or director
0.8$0
DR HEATHER MCCARTYDIRECTOR
Trustee or director
0.8$0
ESTEBAN RODRIGUEZ ESQDIRECTOR
Trustee or director
0.8$0
DR GOURJOINE M WADEDIRECTOR
Trustee or director
0.8$0
BRANDON WONGDIRECTOR
Trustee or director
0.8$0
990 for the year ended September 30, 2024: 21 people
NameTitleHours / weekCompensationOther / benefits
KARLA V SALAZAREXECUTIVE DIRECTOR
Officer
40$186,000$20,412
JULIE ANGULODIRECTOR OF ADVANCEMENT
Highest-paid employee
40$126,729$19,319
MARY PHAMDIRECTOR OF HR
Highest-paid employee
40$126,135$11,585
DEVON WESSMAN-SMERDON MOORESR. DIR., PROG AND COMPLIANCE
Highest-paid employee
40$124,621$5,013
KAREN GRACE-BAKERCHAIR
Trustee or director, Officer
3$0$0
LUZ GOMEZVICE CHAIR
Trustee or director, Officer
1$0$0
MIRIAM KARPILOWVICE CHAIR (THRU 11/30/23)
Trustee or director, Officer
1$0$0
ALICIA PERLA JDSECRETARY
Trustee or director, Officer
1$0$0
AYANDA MAGWAZA CPATREASURER
Trustee or director, Officer
1$0$0
SHEILA DOUCETGOVERNANCE CHAIR (THRU 11/30/23)
Trustee or director, Officer
1$0$0
STEVE BENNETDIRECTOR
Trustee or director
0.8$0$0
PAIGE DELACEYDIRECTOR
Trustee or director
0.8$0$0
NEHA GUPTA ESQDIRECTOR
Trustee or director
0.8$0$0
DR JULIE HUANGDIRECTOR
Trustee or director
0.8$0$0
ISAAC Y KIMDIRECTOR
Trustee or director
0.8$0$0
DR TERRANCE MAYESDIRECTOR
Trustee or director
0.8$0$0
JOSE MARTINEZDIRECTOR
Trustee or director
0.8$0$0
HEATHER MCCARTYDIRECTOR
Trustee or director
0.8$0$0
ESTEBAN RODRIGUEZ ESQDIRECTOR
Trustee or director
0.8$0$0
DR GOURJOINE M WADEDIRECTOR
Trustee or director
0.8$0$0
BRANDON WONGDIRECTOR
Trustee or director
0.8$0$0
990 for the year ended September 30, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
KARLA V SALAZAREXECUTIVE DIRECTOR
Officer
40$182,690$19,214
MARY PHAMDIRECTOR OF HR
Highest-paid employee
40$122,660$12,041
DEVON MOORESR. DIRECTOR PROGRAMS
Highest-paid employee
40$121,495$5,652
KAREN GRACE-BAKERCHAIR
Trustee or director, Officer
3$0$0
MIRIAM KARPILOWVICE CHAIR
Trustee or director, Officer
1$0$0
MARTHA CASTILLOSECRETARY
Trustee or director, Officer
1$0$0
AYANDA MAGWAZATREASURER
Trustee or director, Officer
0.8$0$0
LUZ GOMEZFINANCE CHAIR
Trustee or director
1$0$0
SHEILA DOUCETGOVERNANCE CHAIR
Trustee or director
1$0$0
JULIE HUANGHR CHAIR
Trustee or director
1$0$0
JAIME HULING-DELAYEDIRECTOR (THRU 5/14/23)
Trustee or director
0.8$0$0
JOSE MARTINEZDIRECTOR
Trustee or director
0.8$0$0
TERRANCE MAYESDIRECTOR
Trustee or director
0.8$0$0
ALICIA PERLADIRECTOR
Trustee or director
0.8$0$0
ISAAC Y KIMDIRECTOR
Trustee or director
0.8$0$0
ESTEBAN RODRIGUEZDIRECTOR
Trustee or director
0.8$0$0
HEATHER MCCARTYDIRECTOR
Trustee or director
0.8$0$0
BRANDON WONGDIRECTOR
Trustee or director
0.8$0$0
990 for the year ended September 30, 2022: 14 people
NameTitleHours / weekCompensationOther / benefits
MARY PHAMDIRECTOR OF HR
Highest-paid employee
40$117,951$11,530
KARLA SALAZAREXECUTIVE DIRECTOR
Officer
40$97,922$9,034
KAREN GRACE-BAKERCHAIR
Trustee or director, Officer
3$0$0
MIRIAM KARPILOWVICE CHAIR
Trustee or director, Officer
1$0$0
MARTHA CASTILLOSECRETARY
Trustee or director, Officer
1$0$0
LUZ GOMEZFINANCE CHAIR
Trustee or director
1$0$0
SHEILA DOUCETGOVERNANCE CHAIR
Trustee or director
1$0$0
JULIE HUANGHR CHAIR
Trustee or director
1$0$0
JAIME HULING-DELAYEDIRECTOR
Trustee or director
0.8$0$0
JOSE MARTINEZDIRECTOR
Trustee or director
0.8$0$0
TERRANCE MAYESDIRECTOR
Trustee or director
0.8$0$0
ALICIA PERLADIRECTOR
Trustee or director
0.8$0$0
ISAAC Y KIMDIRECTOR
Trustee or director
0.8$0$0
ESTEBAN RODRIGUEZDIRECTOR
Trustee or director
0.8$0$0

Address and contacts

Address (IRS master file)
849 VALENCIA ST, SAN FRANCISCO, CA 94110-1736
In care of
% DIANA ADAMSON
Principal officer (990 for 2024)
STEVE BENNET, 849 VALENCIA ST, SAN FRANCISCO, CA 94110
Signed the 990
KARLA V SALAZAR, EXECUTIVE DIRECTOR
Phone
(415) 237-1792
Return prepared by
WINDES INC

Mission

SCHOLARMATCH'S MISSION IS TO SUPPORT UNDERSERVED FIRST-GENERATION COLLEGE STUDENTS FROM LOW-INCOME BACKGROUNDS TO EARN A BACHELOR'S DEGREE WITHIN FIVE YEARS, PROVIDING VIRTUAL INDIVIDUALIZED ADVISING, TARGETED FINANCIAL SUPPORT, AND CAREER MENTORING FROM HIGH SCHOOL THROUGH COLLEGE.

990 for the year ended September 30, 2025

Program accomplishments

  • DESTINED FOR COLLEGE (COLLEGE ACCESS): OUR DESTINED FOR COLLEGE PROGRAM PROVIDES COLLEGE ACCESS COUNSELING TO 1,058 LOW-INCOME HIGH SCHOOL STUDENTS APPLYING TO COLLEGE. STARTING THE SPRING OF THEIR JUNIOR YEAR OF HIGH SCHOOL, SCHOLARMATCH STUDENTS ARE MATCHED WITH A VOLUNTEER COLLEGE COACH WHO WORKS 1:1 WITH THEM FOR A FULL YEAR. VOLUNTEER COACHES RECEIVE ROBUST TRAINING FROM SCHOLARMATCH AND SUPPORT STUDENTS THROUGH ALL ASPECTS OF THE COLLEGE APPLICATION PROCESS - FROM CHOOSING WHERE TO APPLY, TO WRITING PERSONAL STATEMENTS, TO EVALUATING FINANCIAL AID. STUDENTS ALSO RECEIVE ACCESS TO COLLEGE ACCESS WORKSHOPS, AND OTHER COMMUNITY RESOURCES DESIGNED SPECIFICALLY FOR LOW-INCOME AND FIRST-GENERATION STUDENTS. ON AVERAGE OUR STUDENTS SUBMIT 6 COLLEGE APPLICATIONS AND HAVE 100% COLLEGE ACCEPTANCE RATE.
    Expenses $1,796,272
  • SCHOLARS PROGRAM (COLLEGE SUCCESS): STUDENTS WHO SUCCESSFULLY COMPLETE THE DESTINED FOR COLLEGE PROGRAM BECOME ELIGIBLE TO APPLY TO THE SCHOLARS PROGRAM, WHICH CURRENTLY SERVES 246 STUDENTS. SCHOLARMATCH SCHOLARS ARE MATCHED WITH A PROFESSIONAL COLLEGE ADVISOR ON STAFF WHO PROVIDES YEAR-ROUND ADVISING AND WILL RECEIVE UP TO $25,000 IN TARGETED FINANCIAL SUPPORT, INCLUDING STUDENT LOAN REPAYMENT, EMERGENCY FUNDS, AND MORE. A TOTAL OF $1,271,663 WAS PROVIDED IN SCHOLARSHIPS THIS YEAR. STUDENTS ALSO PARTICIPATE IN WORKSHOPS TO SUPPORT THEIR WELLBEING, ACADEMIC PERFORMANCE, AND CAREER READINESS, AND MAY REQUEST TO BE MATCHED TO A VOLUNTEER CAREER COACH AS THEY CONTINUE THROUGH COLLEGE. 98% OF OUR SCHOLARS PERSIST ACROSS MULTIPLE YEARS AND 80% OF OUR STUDENTS IN THE FULL SCHOLARMATCH PROGRAM GRADUATE WITHIN FIVE YEARS. THE AVERAGE GPA OF OUR SCHOLARS IS 3.31.
    Expenses $1,271,663 · grants $1,271,663

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
45-4985621
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2012
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$6,518,604
Income (IRS master file)
$4,017,284

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$3,990,444$4,414,262$6,518,604XML
990September 2024$4,078,522$3,895,947$7,156,890XML
990September 2023$4,434,883$2,993,103$6,742,763XML
990September 2022$3,582,533$3,399,629$5,261,004XML
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about SCHOLARMATCH INC

What is the EIN of SCHOLARMATCH INC?
The employer identification number (EIN) of SCHOLARMATCH INC is 45-4985621.
Is SCHOLARMATCH INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to SCHOLARMATCH INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SCHOLARMATCH INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SCHOLARMATCH INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SCHOLARMATCH INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of SCHOLARMATCH INC?
The 990 for the year ended September 30, 2025 names STEVE BENNET.
Who are the officers and directors of SCHOLARMATCH INC?
The 990 for the year ended September 30, 2025 lists 20 people; 5 received compensation from the organization, the highest $199,878 (KARLA SALAZAR, EXECUTIVE DIRECTOR).
How much revenue does SCHOLARMATCH INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $3,990,444, expenses of $4,414,262 and total assets of $6,518,604 at year end.

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