Momentum Advisory Collective
EIN: 842723840 · West Chester, OH · NTEE: I40
Is Momentum Advisory Collective Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Momentum Advisory Collective
Momentum Advisory Collective (EIN: 842723840) is a nonprofit organization based in West Chester, OH, classified under NTEE code I40. The organization reported total revenue of $3.6M and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Momentum Advisory Collective's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Momentum Advisory Collective has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Momentum Advisory Collective with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Momentum Advisory Collective
Is Momentum Advisory Collective a legitimate charity?
Based on AI analysis of IRS 990 filings, Momentum Advisory Collective (EIN: 842723840) insufficient data. 0 red flags identified, 0 strengths noted.
How does Momentum Advisory Collective spend its money?
Detailed spending breakdown data is not yet available for Momentum Advisory Collective. Check back for updated IRS 990 analysis.
Are donations to Momentum Advisory Collective tax-deductible?
Momentum Advisory Collective is registered as a tax-exempt nonprofit (EIN: 842723840). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Momentum Advisory Collective showing financial trends over 5 years of public records:
Total assets increased by 544745600% over the same period, from $1 to $5.4M. In its most recent filing year (2023), Momentum Advisory Collective reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $2.3M in liabilities against $5.4M in assets (debt-to-asset ratio: 42.6%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.5M | $3.0M | $5.4M | $2.3M | — | — |
| 2022 | $2.7M | $1.9M | $1.7M | $56K | — | View 990 |
| 2021 | $1.7M | $1.4M | $1.5M | $635K | — | View 990 |
| 2020 | $1.3M | $695K | $593K | $24K | — | View 990 |
| 2019 | $0 | $0 | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $4.5M, expenses of $3.0M, and assets of $5.4M (revenue +64.1% year-over-year).
- 2022: Revenue of $2.7M, expenses of $1.9M, and assets of $1.7M (revenue +62.3% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.4M, and assets of $1.5M (revenue +34.0% year-over-year).
- 2020: Revenue of $1.3M, expenses of $695K, and assets of $593K.
- 2019: Revenue of $0, expenses of $0, and assets of $1.
Data Sources and Methodology
This transparency report for Momentum Advisory Collective is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.