E320 PROJECT

EIN: 465154803 501(c)(3) Education

WEBSTER, TX

Total Revenue
$325,783
Total Expenses
$121,261
Total Assets
$687,179
Net Assets
$687,179
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
TX
Principal Officer
Stephanie Ehlers
Phone
8322053770
Tax Period
2023-09-01 to 2024-08-31

E320 PROJECT, founded in 2011, is a small nonprofit in the Education sector that reported $326K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $205K, a strong 63% operating margin.

Mission

Our mission statement is for students to realize their full potential identity and value. TMA views each student holistically considering the academic emotional and spiritual needs of each. TMA believes in nurturing the whole child academically emotionally and spiritually through individualized curricula that are designed specifically for each student and conducted in classes with a low student teacher ratio. TMA is the only accredited school south of the 610 Loop that specializes solely on students with learning differences. This shows our dedication to empowering students and teachers to reach their full potential in a safe and academically sound learning environment.

Program Service Accomplishments

Program 1
Expenses: $86,325 Revenue: $234,841

During the 2023-2024 fiscal year 13 students were enrolled in the E20 Projects school,The Momentum Academy. These students each had at least one of these medical and or academic conditions: autism...

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During the 2023-2024 fiscal year 13 students were enrolled in the E20 Projects school,The Momentum Academy. These students each had at least one of these medical and or academic conditions: autism ADHD ADD anxiety auditory processing disorder dyscalculia dyslexia dysgraphia Executive function disorder expressive language disorder and sensory integration disorder. These students completed required coursework for academic completion in a setting that is conducive to their specific needs which assures that they are at the correct academic level. Parents have access to their students progress 24 hours a day via a secure website. Students learn in a low staff to student ratio environment not available at other schools in our area. Students are assessed on an ongoing basis to ensure progress. In May of 2024 six students graduated.

Program 2
Expenses: $1,469 Revenue: $0

Momentum Academys service dog Coco was trained at MADE in Texas Assistance Dogs. She works all day every school day and is a tool for every student. She moves from math to science to reading...

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Momentum Academys service dog Coco was trained at MADE in Texas Assistance Dogs. She works all day every school day and is a tool for every student. She moves from math to science to reading throughout the day. She is helpful in reducing student and staff anxiety and with managing the behavioral issues common to students with the medical and academic conditions served by Momentum Academy.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $54,060
Program Service Revenue $234,841
Investment Income $0
Other Revenue $36,882
TOTAL REVENUE $325,783

Expense Breakdown

Grants Paid $0
Salaries & Benefits $83,962
Fundraising Expenses $0
Program Expenses $87,794
Other Expenses $37,299
TOTAL EXPENSES $121,261

Year-over-Year Comparison

2023 2022 Change
Revenue $325,783 $385,031 -0.2%
Expenses $121,261 $238,299 -0.5%
Net Income $204,522 $146,732 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
14
Volunteers
45

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Heather Seale Chair 4.00
Officer
$0 $0 $0
Joshua Smith Vice Chair 1.00
Officer
$0 $0 $0
Liz Webb Treasurer 2.00
Officer
$0 $0 $0
Melissa Hodges Secretary 2.00
Officer
$0 $0 $0
Stephanie Ehlers CoFounder and Member at Large 4.00
Director
$0 $0 $0
Paul Mcree Director Emeritus 1.00
Director
$0 $0 $0
Shannon Hughes Director at Large 1.00
Director
$0 $0 $0
Angela Farella Director at Large 1.00
Director
$0 $0 $0
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 $325,783 $121,261 $687,179 $204,522
2023 $385,031 $238,299 $713,020 $146,732
2022 $350,447 $233,351 $416,585 $117,096
2021 $314,704 $216,714 $334,784 $97,990
2020 $313,029 $233,154 $267,620 $79,875
2020 $314,704 $233,154 $267,620 $81,550
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