Momentous Institute
- Assets
- $14.8m
- Revenue
- $11.8m
- Investments
- $0.0
- Employees
- 176
- Location
- Dallas, TX
- Founding
- 09/1932
- Data as of
- 10/2020
- EIN
- 75-1855620
Organization Overview
Momentous Institute is located in Dallas, TX. The organization was established in 1932. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 10/2020, Momentous Institute employed 176 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Momentous Institute 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 10/2020, Momentous Institute generated $11.8m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $13.5m during the year ending 10/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
HELPING TRANSFORM CHILDREN'S FUTURES, CREATING NEW POSSIBILITIES FOR SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THERAPEUTIC SERVICES - CHILDREN AND FAMILIES WORK ALONGSIDE MOMENTOUS INSTITUTE'S THERAPEUTIC SERVICES STAFF TO DEVELOP STRONG RELATIONSHIPS, SOCIAL EMOTIONAL HEALTH AND ACADEMIC SUCCESS. MOMENTOUS INSTITUTE OFFERS A RANGE OF THERAPEUTIC SERVICES, INCLUDING INDIVIDUAL, FAMILY AND GROUP THERAPIES, AND PARENT EDUCATION. USING A STRENGTHS-BASED APPROACH, CHILDREN AND FAMILIES ARE ABLE TO WORK THROUGH TRAUMA, CONFLICT AND OTHER CHALLENGES AS THEY BUILD SOCIAL EMOTIONAL HEALTH.
MOMENTOUS SCHOOL - MOMENTOUS SCHOOL, A MOMENTOUS INSTITUTE PROGRAM FOUNDED IN 1997, IS A LABORATORY SCHOOL LOCATED IN THE OAK CLIFF COMMUNITY OF DALLAS. THE SCHOOL PROVIDES PRE-KINDERGARTEN 3 THROUGH FIFTH GRADE EDUCATION. USING DECADES OF RESEARCH AND SMALLER CLASSROOM SETTINGS, MOMENTOUS SCHOOL USES A STRENGTHS-BASED APPROACH TO WEAVE EXPERIENCES IN SOCIAL EMOTIONAL HEALTH WITH A RICH CURRICULUM. ELIGIBLE STUDENTS ARE THOSE WHO QUALIFY FOR A FREE OR REDUCED LUNCH.
TRAINING - MOMENTOUS INSTITUTE STAFF HOST A YEAR-ROUND SLATE OF PROFESSIONAL DEVELOPMENT WORKSHOPS ALONG WITH ITS ANNUAL, TWO-DAY CHANGING THE ODDS CONFERENCE WHICH CONVENES THOUGHT LEADERS IN EDUCATION, MENTAL HEALTH AND INNOVATION TO INSPIRE PROFESSIONAL AND DECISION MAKERS TO PRIORITIZE SOCIAL EMOTIONAL HEALTH IN THEIR WORK WITH CHILDREN.
RESEARCH - MOMENTOUS INSTITUTE IS PASSIONATE ABOUT INVESTING IN RESEARCH TO DIRECTLY REACH MORE CHILDREN WITH TRAUMA-INFORMED STRATEGIES THAT STRENTHEN SOCIAL EMOTIONAL HEALTH. EACH YEAR, MOMENTOUS INSTITUTE FOLLOWS MOMENTOUS SCHOOL STUDENTS' LONG-TERM TRAJECTORIES AND TRACKS IMPROVEMENTS IN THE SOCIAL EMOTIONAL HEALTH OF THERAPY CLIENTS AND PARENT EDUCATION PARTICIPANTS. THE SCHOLARSHIP PROGRAM PROVIDES FINANCIAL AND MENTORING SUPPORT FOR FORMER MOMENTOUS SCHOOL STUDENTS AND THERAPEUTIC SERVICES CLIENTS AS THEY PURSUE POST-SECONDARY EDUCATION. PROGRAM RESULTS AND OUTCOMES ARE REPORTED AND ANALYZED ANNUALLY WITH THE PROGRAM DEVELOPMENT AND EVALUATION COMMITTEE AND THEN WITH THE BOARD OF DIRECTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Controller | 8 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Project D Construction And Development Llc Construction Services | 10/30/20 | $237,564 |
Bright Works Services Inc Janitorial Services | 10/30/20 | $106,236 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,269,168 |
| Investment income | $18,576 |
| 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 | $11,793,188 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $304,653 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $343,936 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,805,436 |
| Pension plan accruals and contributions | $430,997 |
| Other employee benefits | $882,311 |
| Payroll taxes | $637,444 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $46,189 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $323,690 |
| Advertising and promotion | $39,036 |
| Office expenses | $500,912 |
| Information technology | $263,817 |
| Royalties | $0 |
| Occupancy | $777,928 |
| Travel | $76,287 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $134,135 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $814,667 |
| Insurance | $49,705 |
| All other expenses | $0 |
| Total functional expenses | $13,458,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,391,575 |
| Savings and temporary cash investments | $257,466 |
| Pledges and grants receivable | $125,850 |
| Accounts receivable, net | $395,347 |
| 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 | $478,262 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,833,442 |
| Accounts payable and accrued expenses | $937,384 |
| Grants payable | $0 |
| Deferred revenue | $12,338 |
| 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 | $1,846,018 |
| Other liabilities | $0 |
| Total liabilities | $2,795,740 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $12,037,702 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Momentous Institute has recieved totaling $305,110.
| Awarding Organization | Amount |
|---|---|
Constantin Foundation Inc Dallas, TX PURPOSE: TOWARDS THERAPEUTIC SERVICES PROGRAMMING THROUGH THE ADDITON OF PSYCHIATRIC CARE CAPABILITY | $295,110 |
Slingshot Charitable Foundation Dallas, TX PURPOSE: PROGRAM MATERIALS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Be A Champion Inc Houston, TX | $5,613,914 | $22,726,007 |
Tejano Center For Community Concerns Inc Houston, TX | $42,145,856 | $27,013,865 |
Tulsa Educare Inc Tulsa, OK | $26,958,930 | $20,318,102 |
Cityscape Schools Inc Dallas, TX | $31,786,183 | $16,269,782 |
Bcfs Education Services San Antonio, TX | $2,820,092 | $13,804,336 |
Momentous Institute Dallas, TX | $14,833,442 | $11,793,188 |
Ekhaya Youth Project New Orleans, LA | $903,085 | $13,654,605 |
Young Americans For Liberty Inc Austin, TX | $6,971,187 | $15,618,179 |
Stand For The Silent Inc Perkins, OK | $889,186 | $11,940,386 |
Camp War Eagle Inc Rogers, AR | $15,866,509 | $9,318,920 |
Kids Are First Carrizo Springs, TX | $3,476,023 | $8,458,663 |
Boys & Girls Club Of Central Texas Inc Killeen, TX | $2,385,650 | $6,347,689 |