MOMENTUM ACADEMY INC (EIN 454158630) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

DR MIRANDA MING

Phone

3146647627

Tax Period

2023-07-01 to 2024-06-30

MOMENTUM ACADEMY INC, founded in 2011, is a mid-sized nonprofit in the Education sector that reported $15.3M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $14.7M left a modest 4% surplus.

Mission

TO ASSIST PARENTS AND FAMILIES TOWARD THE PURSUIT OF ACADEMIC GREATNESS AND CHARACTER DEVELOPMENT IN A LOVING ENVIRONMENT

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $14,915,499

Program Service Revenue $160,934

Investment Income $84,207

Other Revenue $97,467

TOTAL REVENUE $15,258,107

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,990,835

Fundraising Expenses $0

Program Expenses $9,978,386

Other Expenses $6,710,452

TOTAL EXPENSES $14,701,287

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,258,107	$17,847,663	-0.1%
Expenses	$14,701,287	$15,632,178	-0.1%
Net Income	$556,820	$2,215,485	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

176

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$387,673

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID SIMMONS	BOARD PRESIDENT	2.00	Director	$0	$0	$0
RON RICHARDSON	MEMBER	1.00	Director	$0	$0	$0
KATHY HOUSTON-KIRK	BOARD SECRETARY	2.00	Director	$0	$0	$0
FAWAD JAVED	MEMBER	1.00	Director	$0	$0	$0
PATRICK DAVIS	MEMBER	1.00	Director	$0	$0	$0
HANLEY CHIANG	MEMBER	1.00	Director	$0	$0	$0
MELISSA POWERS	TREASURER	2.00	Director	$0	$0	$0
COURTNEY STEVENSON	MEMBER	1.00	Director	$0	$0	$0
TERRON WHITE	MEMBER	1.00	Director	$0	$0	$0
NIJESH PATEL	MEMBER	1.00	Director	$0	$0	$0
THERESA YOFFIE	MEMBER	1.00	Director	$0	$0	$0
DR MIRANDA MING	EXECUTIVE DIRECTOR	40.00	Officer	$177,911	$41,135	$219,046
ANTIONETTE BEDESSIE	REGIONAL DIRECTOR OF OPERA	40.00	Officer	$141,879	$26,748	$168,627
KAYLA CASE	PRINCIPAL	40.00	Highest	$100,699	$13,378	$114,077
QUANISHA MAJOR	PRINCIPAL AND DIRECTOR OF CULTURE	40.00	Highest	$105,933	$21,098	$127,031
MEGAN PROUHET	REGIONAL DIRECTOR OF CURRENT INSTRUCTION	40.00	Highest	$102,352	$33,262	$135,614

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$15,258,107	$14,701,287	$4,780,002	$556,820
2023	$17,847,663	$15,632,178	$4,224,705	$2,215,485
2022	$12,856,630	$13,232,363	$2,042,592	$-375,733
2021	$10,437,038	$9,675,310	$2,828,095	$761,728
2021	$10,437,038	$9,675,310	$2,828,095	$761,728
2020	$10,025,059	$8,688,988	$2,166,367	$1,336,071
2019	$8,105,244	$8,354,989	$930,296	$-249,745
2018	$7,602,463	$7,652,447	$1,280,041	$-49,984

MOMENTUM ACADEMY INC