Momentous Institute
- Assets
- $14.0m
- Revenue
- $16.5m
- Investments
- $0.0
- Employees
- 136
- Location
- Dallas, TX
- Founding
- 09/1932
- Data as of
- 10/2023
- 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 10/2023, Momentous Institute employed 136 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 10/2023, Momentous Institute generated $16.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $15.5m during the year ending 10/2023. While expenses have increased by 2.3% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PROGRAM SERVICES TO SUPPORT THE EDUCATIONAL AND MENTAL HEALTH SERVICES FOR CHILDREN AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOMENTOUS SCHOOL - MOMENTOUS SCHOOL PROVIDES HIGH-QUALITY PRE-KINDERGARTEN, CHILDREN AGES 3 YEARS OLD THROUGH FIFTH GRADE EDUCATION FOCUSED ON BUILDING STRONG EMOTIONAL AND ACADEMIC SKILLS FOR LONG-TERM SUCCESS. MOMENTOUS SCHOOL'S CULTURE OF CREATING A POSITIVE STUDENT-CENTERED ENVIRONMENT BASED ON SAFE RELATIONSHIPS REMAINED AT THE CORE OF ALL PRACTICES THROUGHOUT THE SCHOOL YEAR. TEACHERS CONTINUED TO TRAIN ON UNDERSTANDING THE IMPACT OF TRAUMA ON THE BRAIN LEARNING HOW TO RECOGNIZE SYMPTOMS OF TRAUMA AND USING STRATEGIES TO HELP CHILDREN SELF-REGULATE AND BUILD PERSISTENCE.
RESEARCH - MOMENTOUS INSTITUTE IS PASSIONATE ABOUT INVESTING IN RESEARCH TO DIRECTLY REACH MORE CHILDREN WITH TRAUMA-INFORMED STRATEGIES THAT STRENGTHEN 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.
MENTAL HEALTH SERVICES - PROVIDING HIGH-QUALITY, TRAUMA INFORMED CARE IS AT THE CORE OF EVERYTHING WE DO AT MOMENTOUS INSTITUTE. EACH YEAR, OUR TEAM CONTINUED TO PROVIDE HOLISTIC, LOW BARRIER MENTAL HEALTH SERVICES FOCUSED ON SYSTEMIC CARE, RELATIONSHIPS, AND STRENGTH-BASED INTERVENTIONS. WE INTENTIONALLY OFFER THESE SERVICES IN-PERSON OR VIRTUALLY, THROUGH A VARIETY OF TREATMENT APPROACHES INCLUDING INDIVIDUAL, FAMILY, GROUP, OR PLAY.
PROFESSIONAL TRAINING - MOMENTOUS INSTITUTE'S PROFESSIONAL TRAINING PROGRAMS PROVIDE TANGIBLE, PROVEN STRATEGIES FOR IMPLEMENTING MENTAL HEALTH INFORMED LEARNING TO ENHANCE A CHILD'S SUCCESS THROUGH VIRTUAL, ON-DEMAND AND IN-PERSON TRAINING SESSIONS. OUR TEAM CONTINUOUSLY STRIVES TO CHAMPION MENTAL HEALTH INFORMED SOCIAL EMOTIONAL LEARNING BY DIRECTLY SERVING ADULT PROFESSIONALS WHO WORK TO IMPROVE THE ACADEMIC SUCCESS AND OVERALL WELL-BEING OF CHILDREN TYPICALLY BEYOND OUR REACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Vice Chairman Thru 10/2023; Chairman As Of 10/2023 | OfficerTrustee | 1 | $0 |
Name Not Listed Chairman (thru Oct. 2023), Director | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Director (thru Oct. 2023) | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Project D Construction And Development Llc Campus Construction Projects | 10/30/23 | $428,793 |
Dotw Llc (Josephmark) Website Rebranding | 10/30/23 | $105,000 |
Jps Graphics Corporation Product Printing, Fulfillment, And Storage | 10/30/23 | $103,898 |
Twelve Oaks Catering Llc School Cafeteria Catering | 10/30/23 | $101,232 |
Diwa Catering Llc School Cafeteria Catering | 10/30/23 | $103,731 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $10,069,185 |
| Government grants | $1,996,862 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,481,310 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,547,357 |
| Total Program Service Revenue | $780,802 |
| Investment income | $148,533 |
| 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 | $16,476,692 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $334,616 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $294,535 |
| Compensation of current officers, directors, key employees. | $294,535 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,168,274 |
| Pension plan accruals and contributions | $350,813 |
| Other employee benefits | $1,151,573 |
| Payroll taxes | $587,368 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,564 |
| Fees for services: Accounting | $56,994 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $930,004 |
| Advertising and promotion | $77,508 |
| Office expenses | $866,005 |
| Information technology | $661,821 |
| Royalties | $0 |
| Occupancy | $960,727 |
| Travel | $78,128 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $99,878 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $549,698 |
| Insurance | $284,692 |
| All other expenses | -$987,727 |
| Total functional expenses | $15,521,370 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,217,846 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $795,943 |
| Accounts receivable, net | $800,792 |
| 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 | $168,036 |
| Net Land, buildings, and equipment | $8,704,336 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $278,386 |
| Total assets | $13,965,339 |
| Accounts payable and accrued expenses | $619,358 |
| Grants payable | $0 |
| Deferred revenue | $40,405 |
| 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 | $659,763 |
| Net assets without donor restrictions | $11,220,791 |
| Net assets with donor restrictions | $2,084,785 |
| 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 | $13,965,339 |