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Nonprofit · EIN 45-3482560

MOMENTUM KIDS FOUNDATION

Tax-exempt · NEWPORT BEACH, CA 92658

Financials

$0$2162023$4$2162024
Revenue Expenses · by fiscal year end
Financials of MOMENTUM KIDS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$4$216-$212$39,679–$39,679
December 31, 2023990-EZ$0$216-$216$39,891–$39,891
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Investment income
$4

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$200
Other expenses
$16

Balance sheet and other

Total assets, start of year
$39,891
Total assets, end of year
$39,679
Total liabilities, end of year
–
Net assets, end of year
$39,679
Cash, savings and investments
$39,679
Gross receipts
$4

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
PETER VALASKANTJISPresident0$0
990-EZ for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
PETER VALASKANTJISPresident0$0

Address and contacts

Address (IRS master file)
1133 CAMELBACK ST UNIT 13025, NEWPORT BEACH, CA 92658-1497
In care of
% PETER VALASKANTJIS
Signed the 990-EZ
PETER VALASKANTJIS, President
Phone
(714) 403-2456
Return prepared by
Pacific International CPAs

California records

California keeps its own records of charities and corporations. Search them by EIN 45-3482560 or by the name MOMENTUM KIDS FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

To Assist sick and underpriveledged children

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Keeping young athletes off the streets and provide them with a platform to showcase their talent in a structured and sanctioned event series, while helping others fight their battle against cancer or other life threatening illnesses.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
45-3482560
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2012
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Health care (E86)
Assets (IRS master file)
$39,679
Income (IRS master file)
$4

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$4$216$39,679IRS
990-EZDecember 2023$0$216$39,891XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-3482560).

Questions about MOMENTUM KIDS FOUNDATION

What is the EIN of MOMENTUM KIDS FOUNDATION?
The employer identification number (EIN) of MOMENTUM KIDS FOUNDATION is 45-3482560.
Is MOMENTUM KIDS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to MOMENTUM KIDS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MOMENTUM KIDS FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of MOMENTUM KIDS FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MOMENTUM KIDS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of MOMENTUM KIDS FOUNDATION?
The 990-EZ for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does MOMENTUM KIDS FOUNDATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $4, expenses of $216 and total assets of $39,679 at year end.

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