Momentum Agencies
- Assets
- $23.6m
- Revenue
- $50.8m
- Investments
- $0.0
- Employees
- 705
- Location
- Woodland Hills, CA
- Founding
- 12/1945
- Data as of
- 06/2022
- EIN
- 95-1648203
Organization Overview
Momentum Agencies is located in Woodland Hills, CA. The organization was established in 1945. As of 06/2022, Momentum Agencies employed 705 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Momentum Agencies 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 06/2022, Momentum Agencies generated $50.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $44.1m during the year ending 06/2022. While expenses have increased by 6.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO ADVANCE THE INDEPENDENCE, PRODUCTIVITY AND FULL CITIZENSHIP OF CHILDREN AND ADULTS WITH DEVELOPMENTAL DISABILITIES AND THOSE WITH SIMILAR SERVICE NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PEDIATRIC THERAPY
ICF/DD FACILITIES AND PROGRAM DEVELOPMENT, EHS, AND CLS
RESIDENTIAL SERVICES
NURSERY AND DAY CARE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Knox Vice Chair | OfficerTrustee | 0.5 | $0 |
Paul Miller Director | Trustee | 0.5 | $0 |
Dan Lykken Secretary | OfficerTrustee | 0.5 | $0 |
Jj Levensteinmd Chair | OfficerTrustee | 0.5 | $0 |
David Bryman Director | Trustee | 0.5 | $0 |
Sheryl Glowacki Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sullivan Curtis Monroe Insurance Insurance | 6/29/22 | $438,743 |
Kay Associates Facility Rent | 6/29/22 | $346,982 |
Dagtech Technology Services | 6/29/22 | $282,691 |
6110 Moose Partnership Facility Rent | 6/29/22 | $243,472 |
Hinricher & Cousino Llp Accounting And Consluting | 6/29/22 | $104,491 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,352,526 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,254,305 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,606,831 |
| Total Program Service Revenue | $36,481,295 |
| Investment income | $69,838 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $56,442 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $50,752,607 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,187,307 |
| Compensation of current officers, directors, key employees. | $199,361 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,630,568 |
| Pension plan accruals and contributions | $215,822 |
| Other employee benefits | $3,321,122 |
| Payroll taxes | $2,054,496 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $240,837 |
| Advertising and promotion | $0 |
| Office expenses | $154,992 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,065,945 |
| Travel | $246,422 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $573,194 |
| Insurance | $550,921 |
| All other expenses | $1,414,463 |
| Total functional expenses | $44,113,600 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,652,400 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,794,200 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $108,628 |
| Inventories for sale or use | $24,603 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,410,026 |
| Investments—publicly traded securities | $1,376,020 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,186,018 |
| Total assets | $23,551,895 |
| Accounts payable and accrued expenses | $5,950,268 |
| Grants payable | $0 |
| Deferred revenue | $21,025 |
| 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 | $4,446,299 |
| Total liabilities | $10,417,592 |
| Net assets without donor restrictions | $7,900,470 |
| Net assets with donor restrictions | $5,233,833 |
| 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 | $23,551,895 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Momentum Agencies Woodland Hills, CA | $23,551,895 | $50,752,607 |
United Cerebral Palsy Of The North Bay Inc Petaluma, CA | $59,140,035 | $20,488,544 |
United Cerebral Palsy Assoc Of Oreg On And Southwest Washington Inc Portland, OR | $9,137,366 | $11,676,017 |
United Cerebral Palsy Association Stockton, CA | $13,439,570 | $7,448,557 |
United Cerebral Palsy Of The Inland Empire Palm Desert, CA | $7,790,168 | $5,780,801 |
Ability Now Bay Area Inc Oakland, CA | $2,357,521 | $3,354,273 |
Mary Valle Foundation For The Cerebral Palsied Oakland, CA | $19,095,465 | $1,903,915 |
Special Childrens League Inc Woodland Hills, CA | $17,822 | $345,549 |
William H Isacoff Md Research Foundfor Gastrointestinal Cancer Los Angeles, CA | $9,997 | $5,806 |