Overview
What is Momentum Academy Inc?
Momentum Academy Inc, located in St. Louis, Missouri, is a public charter school for students from diverse socio-economic backgrounds. This nonprofit organization, with 194 employees, offers education to children from kindergarten to eighth grade. Momentum Academy aims to support parents and families in their quest for academic excellence and character development in a secure and loving environment. The mission of Momentum Academy is to ensure academic success and nurture growth in a safe, supportive, and affectionate learning setting.
Official website here: www.momentumacademystl.org
What are the reviews and ratings of this charity?
95% rating from Charity Navigator indicates that Momentum Academy Inc is a highly trusted organization, awarded a Four-Star out of Four Star rating. This score reflects strong accountability and financial management, with a notably high Accountability & Finance score of 96%. The charity boasts a fully independent board and demonstrates effective oversight and transparency in its financial practices.
The organization excels in its engagement and responsiveness to constituent feedback, achieving a perfect score in several areas related to feedback collection and usage. This shows a commitment to incorporating the voices of those it serves into its operational strategies, which is a significant strength.
However, while the organization shows strong performance in many areas, it has some limitations in equity strategies, scoring 79 out of 100, and its data and policies in this area could be further developed. Overall, Momentum Academy Inc stands out for its financial integrity and community engagement, while still having room for growth in equity practices.
This AI summary has been generated from information found on Charity Navigator.
Is Momentum Academy Inc legitimate?
Momentum Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Momentum Academy 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: $385,442
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,794,765
For more financial information, click here
Official website here: www.momentumacademystl.org
What is the mission statement of Momentum Academy Inc?
Momentum Academy Inc is dedicated to helping parents and families in their pursuit of academic excellence and character development for their children. The academy prioritizes creating a safe, supportive, and loving learning environment. As an open enrollment public charter school, Momentum Academy aims to provide academic greatness to students from diverse social and economic backgrounds. The school's mission is to ensure that every student thrives in their educational journey, fostering growth in both academic and personal areas. The academy's approach emphasizes the importance of a nurturing environment, where students feel encouraged to reach their full potential.
Official website here: www.momentumacademystl.org
What is the revenue of Momentum Academy Inc?
Momentum Academy Inc's revenue in 2024 was $15,258,107.
Official website here: www.momentumacademystl.org
Who are the executives of Momentum Academy Inc and what are their salaries?
The average compensation at Momentum Academy Inc during 2024 was $35,115. There are 176 employees and 20 volunteers at Momentum Academy Inc.
Here are 16 key members and their salaries:
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- Compensation: $177,911
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- Compensation: $141,879
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- Compensation: $100,699
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- Compensation: $105,933
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- Other: $21,098
- Compensation: $102,352
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- Other: $33,262
Official website here: www.momentumacademystl.org
Where can I find the form 990 for Momentum Academy Inc?
Momentum Academy Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.momentumacademystl.org
Learn more at the official website: www.momentumacademystl.org
Mission Statement of Momentum Academy Inc
Momentum Academy Inc, a public charter school, is dedicated to helping parents and families in the pursuit of academic excellence and character development. In a nurturing and loving environment, Momentum Academy aims to foster academic greatness for students from diverse social and economic backgrounds.
The mission of Momentum Academy is to provide a safe, supportive, and loving learning environment for students in Kindergarten through 8th grade. This open enrollment school is committed to academic excellence and strives to create an atmosphere that encourages students to learn and grow. The school's approach focuses on the whole child, ensuring not only academic success but also the development of important character traits.
Momentum Academy is more than just a place of education; it is a community that supports and encourages its students. The school's team of dedicated educators and staff work to create a learning environment that is both engaging and effective. They provide the tools and resources necessary for students to thrive academically, while also addressing their unique social and emotional needs. In this way, Momentum Academy empowers students to reach their full potential and prepare for success in the future.
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Impact
October, 2024
Momentum Academy Inc significantly impacts the St. Louis metropolitan area by providing a supportive and nurturing educational environment for K-8 students from diverse social and economic backgrounds. The academy focuses on academic excellence and character development, empowering families and assisting them in pursuing their educational goals. Its open enrollment policy ensures accessibility for a broad range of students, fostering a sense of community and inclusion. By prioritizing both academic achievement and character growth, Momentum Academy cultivates well-rounded individuals prepared for future challenges in their academic and personal lives.
This information is meant to be a general summary of Momentum Academy 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 2024.
- Investment Income: $84,207
- Program Service Revenue: $160,934
- Gross Receipts: $15,258,107
Assets and Liabilities:
- Total Assets: $2,042,592
- Total Liabilities: $40,230
- Net Assets: $2,002,362
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT REIMBURSEMENTS - MEDIC
Revenue
$130,405
STUDENT ACTIVITY INCOME
Revenue
$30,529
Organization Details
Founding Year
2011
Principal Officer
Dr Miranda Ming
Website
www.momentumacademystl.orgNTEE Category
Code: B29 - Education
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