Momentum Alumnae Program Inc

Organization Overview

Momentum Alumnae Program Inc is located in Birmingham, AL. The organization was established in 2009. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2021, Momentum Alumnae Program Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Momentum Alumnae Program Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Momentum Alumnae Program Inc generated $635.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $579.5k during the year ending 06/2021. While expenses have increased by 5.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATION AND LEADERSHIP TRAINING FOR WOMEN OF ALABAMA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXECUTIVE LEADERSHIP PROGRAM:OVER THE COURSE OF A NINE-MONTH CURRICULUM, MOMENTUM DEVELOPS LEADERSHIP SKILLS, CONFIDENCE, AND CONNECTIONS AMONG ALABAMA'S MOST PROMISING WOMEN. CLASS MEMBERS PARTICIPATE IN 360 ASSESSMENT TESTING, DEVELOP A PERSONAL LEADERSHIP PLAN, AND COME TOGETHER FOR A LUNCHEON ORIENTATION, AN OVERNIGHT OPENING RETREAT, SEVEN FULL DAY SESSIONS, AND A CLOSING RETREAT AND GRADUATION CEREMONY. CLASS MEMBERS ARE ASSIGNED TO CO-MENTORING GROUPS, IN ORDER TO BUILD RELATIONSHIPS, SHARE IDEAS, AND HOLD ONE ANOTHER ACCOUNTABLE FOR PROGRESS ON THEIR PERSONAL PLAN. EACH PARTICIPANT IS ALSO GIVEN THE OPPORTUNITY TO BE PAIRED WITH SENIOR MENTORS WHO CAN OFFER ADVICE AND SUPPORT FOR CHALLENGES UNIQUE TO EACH INDIVIDUAL.


UPWARD LEADERSHIP PROGRAM:UPWARD IS DELIVERED IN HALF-DAY SESSIONS OVER A NINE-MONTH PERIOD FROM FEBRUARY TO OCTOBER. PROGRAM SESSIONS ARE INTERACTIVE, CLASSROOM-STYLE AND FACILITATED BY TRAINING PROFESSIONALS AND MOMENTUM ALUMNAE. IN BETWEEN SESSIONS, PARTICIPANTS WILL COMPLETE ASSIGNMENTS, MEET WITH THEIR CO-MENTORING GROUP, AND ENJOY NETWORKING OPPORTUNITIES WITH EXPERIENCED SENIOR LEADERS.


FOCUS PROGRAM 2021:AN ONLINE VIRTUAL EVENT FOR THE COMMUNITY AT LARGE. DUE TO THE COVID PANDEMIC, MOMENTUM HOSTED THE 2021 LEADERSHIP EVENT VIRTUALLY. WITH WAVE AFTER WAVE OF CONCERNING EVENTS IN THE NEWS AND LIFE-CHANGING ROUTINES IN THE WORKPLACE AND AT HOME, THE THEME FOR 2021 WAS FOCUS. THE ORGANIZATION TOOK THE HARD LESSONS LEARNED IN 2020 AND TURNED THE FOCUS TO INNOVATIVE TEAMWORK, CAREER CONTROL, WORK-LIFE MANAGEMENT, AND INCLUSIVE CULTURE. WITH OVER 2,000 REGISTRATIONS, THE VIRTUAL EVENT HAD FOUR-TIMES THE REACH OF THE TRADITIONAL IN-PERSON COMMUNITY BREAKFAST.


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Board, Officers & Key Employees

Name (title)Compensation
April Benetollo
CEO
$80,651
Allyson Edwards
Secretary
$0
Nancy Kane
President
$0
Michele Elrod
President-Elect
$0
Dawn Walton
Treasurer
$0
Joy Carter
Vice President Marketing
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$253,252
Noncash contributions included in lines 1a–1f $3,600
Total Revenue from Contributions, Gifts, Grants & Similar$253,252
Total Program Service Revenue$319,258
Investment income $358
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $635,148

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Momentum Alumnae Program Inc has recieved totaling $23,000.

Awarding OrganizationAmount
The Community Foundation Of Greater Birmingham

Birmingham, AL

PURPOSE: GENERAL SUPPORT

$23,000
View Grant Recipient Profile

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