Momentum Housing Inc

EIN: 853883183 501(c)(3) Housing & Shelter

Alexandria, VA

Total Revenue
N/A
Total Expenses
N/A
Total Assets
$114,349
Net Assets
$114,349
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
VA
Phone
5403446861
Tax Period
2024-01-01 to 2024-12-31

MOMENTUM HOUSING INC, founded in 2020, is a micro nonprofit in the Housing & Shelter sector that reported $300 in total revenue in fiscal year 2022. Expenses of $70K exceeded revenue, resulting in a 23116% operating deficit.

Mission

Support low income housing projects

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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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

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Governance

Voting Members
4
Independent Members
1
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
4
$70,800
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
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
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