Momentum Advisory Collective

Nonprofit profile at a glance

EIN
842723840
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Dallas, TX, USA
Phone
2143031234
Rating
80
Verdict
STRONG
Rating confidence
Standard
Sector
Rehabilitation Services for Offenders

Reported finances

Revenue
$3,583,276
Expenses
$3,310,491
Assets
$4,642,484
Liabilities
$1,751,523

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • MICHAEL CHAD HOUSER (CEO)

Highest reported compensation

  • MICHAEL CHAD HOUSER (CEO): $237,306 total reported compensation
  • OLIVIA COLE (CHIEF DEVELOPMENT OFFICER): $230,211 total reported compensation
  • JESSICA METCALF (VP OF DEVELOPMENT): $187,487 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We build programs that expand opportunity and enable system-involved youth to reach their full potential with the holistic support of their support.

What it reported doing in 2024

Momentum advisory collective advises and trains community leaders and employers throughout the united states in launching and managing innovative culinary training programs that provide life skills, education, and employment opportunities to transform the lives of youth coming out of juvenile detention facilities.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 90% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 88
  • Accountability: 95
  • Sustainability: 45
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.1%; rating input score 69
  • Program expense ratio: 74.6%; rating input score 75
  • Fundraising efficiency: $10.04 raised per $1 spent on fundraising; rating input score 38; 38th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7.6%; rating input score 57; 57th percentile among comparable filings
  • Total-asset coverage ratio: 1.4; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0.38; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 30.6%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 30.8% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 23.9% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 38.5% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 69.1% of revenue deployed · 74.6% of spending went to programs
  • Governance: 3 of 3 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2.5M in reported program spending
  • Leadership: top reported pay $237K · 10 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $352K reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 38/100.
  • Review — Sustainability: Operating margin scored 57/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.