Momentum Tutoring
- Assets
- $41.0k
- Revenue
- $179.5k
- Investments
- $0.0
- Employees
- 40
- Location
- Santee, CA
- Founding
- 02/2008
- Data as of
- 08/2024
- EIN
- 32-0201086
Organization Overview
Momentum Tutoring is located in Santee, CA. The organization was established in 2008. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. As of 08/2024, Momentum Tutoring employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Momentum Tutoring 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 08/2024, Momentum Tutoring generated $179.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $360.7k during the year ending 08/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
MOMENTUM TUTORING IS DEVOTED TO ELEVATING THE COMMUNITY BY PROVIDING CUSTOMIZED TUTORING, MENTORING, AND ENRICHMENT TO STUDENTS IN GRADES K-12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOMENTUM PROVIDES YEAR-ROUND PERSONALIZED INSTRUCTION, MENTORING AND ENRICHMENT TO K-12 STUDENTS IN A HIGHLY STRUCTURED ENVIRONMENT. SERVICES ARE OFFERED IN-PERSON AND ONLINE. OUR PROGRAMS ARE SUSTAINED THROUGH TUITION FEES, GRANTS, AND DONATIONS THAT SUBSIDIZE TUITION FEES FOR LOW-INCOME FAMILIES AND FAMILIES WITH A CHILD EXPERIENCING A HEALTH CRISIS.
MOMENTUMS YOUTH BIZ CLUB BRINGS TOGETHER YOUTH ENTREPRENEURS AGES 6-17 YEARS OLD AND THOSE THAT SUPPORT THEIR ECONOMIC EDUCATION AND WORKFORCE DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Bozhor Executive Director | OfficerTrustee | 40 | $0 |
Donna Bloomer Secretary | Officer | 1 | $0 |
Cyndy Carlton Treasurer | Officer | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,325 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,325 |
| Total Program Service Revenue | $147,545 |
| Investment income | $4,604 |
| 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 | $179,474 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $7,961 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $117,567 |
| Compensation of current officers, directors, key employees. | $23,513 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $130,691 |
| Pension plan accruals and contributions | $3,600 |
| Other employee benefits | $0 |
| Payroll taxes | $21,987 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,955 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,116 |
| Office expenses | $6,612 |
| Information technology | $7,596 |
| Royalties | $0 |
| Occupancy | $20,938 |
| Travel | $158 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $299 |
| Interest | $33 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,873 |
| All other expenses | $8,941 |
| Total functional expenses | $360,725 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,462 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,615 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $17,901 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $40,978 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $40,978 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $40,978 |