Overview
What is Momentum Unlimited Inc?
Momentum Unlimited Inc is a nonprofit organization located at 6101 Executive Boulevard 240, Rockville, MD, 20852. Their mission is to empower women to make a difference in the world using Jewish values. Momentum offers an immersive educational experience for individuals, which includes a unique perk: an affordable eight-day trip to Israel. This journey fosters strong bonds among participants, who return to their communities as united siblings. The organization has broadened its reach with various programs, such as podcasts, a mobile app, and informative articles, allowing individuals to access inspiration and Jewish growth in their daily lives. With a team of 52 employees, Momentum aims to provide transformative learning opportunities for Jews of all backgrounds to deepen their understanding of their heritage.
Official website here: www.momentumunlimited.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Momentum Unlimited Inc has received a Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and financial stability. The organization has achieved a high score due to its excellent governance practices, including a fully independent board and the absence of material diversions of assets. The charity also maintains comprehensive policies on conflict of interest and whistleblower protections, reinforcing its commitment to transparency.
Financially, Momentum Unlimited Inc demonstrates solid performance metrics. With a program expense ratio of 70.45%, it efficiently allocates funds toward its mission, while its fundraising efficiency ratio indicates a low cost of raising funds at $0.16 per dollar. The charity’s liabilities to assets ratio is also healthy at 31.13%, suggesting prudent financial management and sustainability.
Despite its strengths, the overall rating is based solely on the accountability and finance beacon, which may not fully reflect the effectiveness of its programs or community impact. Nonetheless, the strong governance and financial practices indicate a well-run organization that prioritizes responsible management of resources.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Momentum Unlimited Inc?
96% of 332 reviewers on Facebook recommend Momentum Unlimited Inc. Here is a summary of their reviews:
Many participants express that the organization offers transformative experiences that significantly enhance personal growth and parenting skills. Users highlight the profound impact of engaging with the program, describing it as life-changing and enriching. The opportunity to explore Israel from a unique perspective while connecting with others resonates strongly, leaving a lasting impression on those who take part.
Overall, the sentiment is overwhelmingly positive, indicating that Momentum Unlimited Inc successfully delivers on its promise of fostering both personal and family development through its programs. Participants feel empowered and inspired by their experiences, reflecting a strong commitment to the nonprofit's mission.
This AI summary has been generated from reviews found on Facebook.
Is Momentum Unlimited Inc legitimate?
Momentum Unlimited Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Momentum Unlimited Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $728,666
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,318,165
For more financial information, click here
Official website here: www.momentumunlimited.org
What is the mission statement of Momentum Unlimited Inc?
Momentum Unlimited Inc is an organization dedicated to empowering individuals to make a difference in the world through the lens of Jewish values. They offer educational and transformative experiences for people of all Jewish backgrounds, encouraging them to deepen their understanding of their heritage and its impact on their lives. Momentum provides various programs, including a year-long educational journey with a subsidized trip to Israel, podcasts, an app, and web articles. Through these offerings, they aim to inspire and promote Jewish growth for individuals worldwide, fostering connections and a sense of community among participants.
Official website here: www.momentumunlimited.org
Who is the CEO of Momentum Unlimited Inc?
Ben Pery is the President of Momentum Unlimited Inc. The CEO's salary of Momentum Unlimited Inc is $330,255 and their total compensation is $341,458.
Official website here: www.momentumunlimited.org
What is the revenue of Momentum Unlimited Inc?
Momentum Unlimited Inc's revenue in 2022 was $22,440,157.
Official website here: www.momentumunlimited.org
Who are the executives of Momentum Unlimited Inc and what are their salaries?
The average compensation at Momentum Unlimited Inc during 2022 was $77,824. There are 52 employees and 15 volunteers at Momentum Unlimited Inc.
Here are 23 key members and their salaries (Momentum Unlimited Inc's CEO's salary is $330,255 and their total compensation is $341,458):
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- Compensation: $330,255
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- Other: $4,008
Official website here: www.momentumunlimited.org
Where can I find the form 990 for Momentum Unlimited Inc?
Momentum Unlimited Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.momentumunlimited.org
Learn more at the official website: www.momentumunlimited.org
Mission Statement of Momentum Unlimited Inc
Momentum Unlimited Inc, a nonprofit organization, is on a mission to empower women to make a difference in the world by drawing upon Jewish values. Through transformative educational experiences, this group invites Jews of all backgrounds to deepen their understanding of their heritage and its role in shaping their lives.
The organization's flagship program offers a year-long educational journey for both women and men. This immersive experience includes a remarkable reward: an 8-day trip to Israel, heavily subsidized for participants. During this adventure, individuals from various corners of the globe connect, grow, and return to their communities as strengthened bonds, sharing the profound impact of this experience.
In addition to the flagship program, Momentum Unlimited Inc has broadened its reach through a variety of accessible offerings. From thought-provoking podcasts to the Yomm app, which fosters connections among women across the globe, to insightful web articles, the organization provides inspiration and opportunities for Jewish growth daily. By opening new doors in the Jewish journey, Momentum Unlimited Inc continues to engage and enrich its global community.
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Impact
October, 2024
Momentum Unlimited Inc significantly impacts individuals and communities by empowering women to drive change through the lens of Jewish values. Through its year-long educational experiences, participants embark on a transformative journey, culminating in a highly subsidized, immersive 8-day trip to Israel. This shared experience fosters deep connections among participants, allowing them to grow together and return to their communities with renewed purpose and a supportive network of "brothers and sisters."
In addition to the flagship trip, Momentum has broadened its scope to include diverse programs that are easily accessible worldwide. With offerings such as podcasts, the Yomm app, and web articles, Momentum provides continuous inspiration and opportunities for Jewish growth, reaching individuals in their everyday lives. This multifaceted approach not only enhances personal development but also strengthens community bonds, as individuals share their learning and experiences within their local environments.
By opening doors to Jewish heritage and education, Momentum Unlimited Inc plays a crucial role in nurturing a sense of belonging and identity among Jews of all backgrounds, ultimately fostering a more interconnected and empowered global community.
This information is meant to be a general summary of Momentum Unlimited Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,811
- Program Service Revenue: $3,128,415
- Gross Receipts: $22,440,157
Assets and Liabilities:
- Total Assets: $13,928,744
- Total Liabilities: $4,336,466
- Net Assets: $9,592,278
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Conference fees
Revenue
$3,076,686
Service fee
Revenue
$38,860
Speaker fees
Revenue
$12,869
Organization Details
Founding Year
2011
Phone
(240) 747-7080Principal Officer
Ben Pery
Main Address
6101 Executive Boulevard 240, Rockville, MD, 20852
Website
www.momentumunlimited.orgNTEE Category
Code: X30 - Religion related
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