Momentum Housing Inc

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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

2020

Legal Domicile

Phone

5403446861

Tax Period

2024-01-01 to 2024-12-31

Mission

TO PROVIDE SUPPORT FOR THE RELIEF OF THE POOR AND DISTRESSED, ELDERLY OR PHYSICALLY HANDICAPPED, COMBATTING COMMUNITY DETERIORATION, ELIMINATION OF DISCRIMINATION AND PREJUDICE, LESSENING THE BURDENS OF GOVERNMENT, LESSENING NEIGHBORHOOD TENSIONS, BY, BUT NOT LIMITED TO, PROVIDING LOW AND MODERATE INCOME AND WORKFORCE HOUSING AND RELATED BUILDING, REHABILITATION, AND CONSULTING SERVICES.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

TO PROVIDE LOW AND MODERATE INCOME AND WORKFORCE HOUSING AND RELATED BUILDING, REHABILITATION AND CONSULTING SERVICES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	N/A	$334,856	-1.0%
Expenses	N/A	$151,160	-1.0%
Net Income	N/A	$183,696	N/A

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

N/A

Volunteers

N/A

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

$70,800

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr James G O'Quinn	VICE PRESIDENT & DIRECTOR	1.0	Officer	$0	$0	$3,600
Joe Thielecke	TREASURER & DIRECTOR	1.0	Officer	$0	$0	$0
Larry Dickenson	PRESIDENT & DIRECTOR	1.0	Officer	$0	$0	$60,000
Rev Ernest Herndon Jr	SECRETARY & DIRECTOR	1.0	Officer	$0	$0	$7,200

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
2024	No data	No data	$114,349	No data
2023	$334,856	$151,160	$114,349	$183,696
2022	$300	$69,647	$2,500,260	$-69,347