EIN 81-5479975

The Momentum Network

IRS 501(c) type
501(c)(3)
Num. employees
12
Year formed
2018
Most recent tax filings
2023-06-01
Description
The Momentum Network propels two generations to shatter statistics and grow stronger with single moms in college and their children. It brings together moms, kids, mentors, peers, volunteers, and professionals to address the challenges that single and expectant moms face by encouraging and assisting them to complete a bachelor's degree or other collegiate program leading to a fulfilling career.
Total revenues
$246,930
2023
Total expenses
$322,917
2023
Total assets
$61,042
2023
Num. employees
12
2023

Program areas at The Momentum Network

The Momentum Network surpassed serving over 300 women and children this year to impact two-generation transformation. By uniting moms, kids, mentors, peers, volunteers, and professional partners, we provided The essential support needed for under-served pregnant and solo parenting students to complete college and secure living-wage careers. Key services included housing, childcare, life skills workshops, coaching, case management, and optional christ-centered discipleship. Workshops covered financial literacy, stress management, parenting, healthy relationships, and optional, but impactful bible studies. Our advocacy with local colleges ensured that no student facing unplanned pregnancy or single parenting lacked The resources and support needed for success. Participants continue to persist and grow in confidence as a parent and competence as an emerging professional (in order to provide for their families). Participants in christian services indicated lower stress, better mental health and a stronger purpose to pursue.

Who funds The Momentum Network

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Generosity TrustIn Furtherance of Foundation's Purposes$73,625
Hugh and Charlotte Maclellan Charitable Charitable TrustFor General Operating Support.$20,000
Schillhahn-Huskey FoundationOperating Support$10,000
...and 2 more grants received

Personnel at The Momentum Network

NameTitleCompensation
Cara HicksPresident and Chief Executive Officer$67,830
Melody PeaceBoard Treasurer$0
Sandy RutterBoard Chair$0
Kenny HammontreeBoard Secretary$0
Joy HooverBoard Member$0
...and 7 more key personnel

Financials for The Momentum Network

RevenuesFYE 06/2023
Total grants, contributions, etc.$240,650
Program services$5,709
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$571
Total revenues$246,930

Form 990s for The Momentum Network

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-04-18990View PDF
2020-062021-04-14990View PDF
2019-062020-02-04990View PDF
...and 1 more Form 990

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Leadership Palm Beach CountyWest Palm Beach, FL$567,138
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Data update history
July 22, 2024
Updated personnel
Identified 4 new personnel
July 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 10, 2024
Received grants
Identified 2 new grant, including a grant for $20,000 from Hugh and Charlotte Maclellan Charitable Charitable Trust
December 29, 2023
Received grants
Identified 1 new grant, including a grant for $73,625 from The Generosity Trust
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsFamily service centersCharities
Issues
Public policy
Characteristics
Political advocacyCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
1152 Lincoln Park LN
Chattanooga, TN 37403
Metro area
Chattanooga, TN-GA
County
Hamilton County, TN
Website URL
momentumnetwork.org/ 
Phone
(423) 521-0071
IRS details
EIN
81-5479975
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
W00: Public Policy, Public Services Institutions: General
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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