Nonprofit · EIN 84-4102530
MOMENTUM EDUCATION
Tax-exempt · BELLAIRE, TX 77401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,182,944 | $392,310 | $790,634 | $1,962,504 | $12,679 | $1,949,825 |
| June 30, 2024 | 990 | $535,160 | $307,899 | $227,261 | $1,158,832 | $1,797 | $1,157,035 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,062,300
- Program service revenue
- $0
- Investment income
- $120,644
- Net gain from sales of assets
- $70,228
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $129,984
- Compensation of officers, directors and key employees
- $70,669
- Other salaries and wages
- $119,262
- Salaries, compensation and benefits (total)
- $210,249
- Professional fundraising fees
- $0
- Program services (functional)
- $309,978
- Management and general (functional)
- $46,942
- Fundraising (functional)
- $35,390
Balance sheet and other
- Total assets, start of year
- $1,158,832
- Total assets, end of year
- $1,962,504
- Total liabilities, end of year
- $12,679
- Net assets, end of year
- $1,949,825
- Publicly traded securities
- $1,616,624
- Net assets without donor restrictions
- $1,929,825
- Net assets with donor restrictions
- $20,000
- Gross receipts
- $1,566,191
- Employees
- 4
- Volunteers
- 250
- Year formed
- 2019
- State of legal domicile
- TX
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Raj Salhotra | Executive Director Officer | 60 | $67,500 | $3,169 |
| Somir Paul | President Trustee or director, Officer | 2 | $0 | $0 |
| Al Wagner | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Kirby Swartz | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Kelly Koster | Board member Trustee or director | 2 | $0 | $0 |
| Chris Weekley | Board Member Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAJ SALHOTRA | PRESIDENT Officer | 40 | $70,000 |
| SOMIR PAUL | VICE PRESIDENT Officer | 10 | $0 |
| YRAYDA LOPEZ GARCIA | SECRETARY Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 5110 PINE ST, BELLAIRE, TX 77401-4910
- Principal officer (990 for 2024)
- Raj Salhotra, 3033 Chimney Rock Rd 450, Houston, TX 77056
- Signed the 990
- Raj Salhotra, Executive Director
- Phone
- (346) 638-5153
- Website
- www.momentumedu.org
- Return prepared by
- Blazek & Vetterling
Mission
The mission of Momentum Education is to provide academic, career, and financial support to help students from low-income families earn a post-secondary education and secure a job with a living wage.
Program accomplishments
- The High School Program provides two key services to students: (1) Test Preparation wherein we help students prepare for the SAT, and (2) Application Support wherein we help students apply to and enroll in post-secondary education. Our post-secondary enrollment rate reached 88%, reflecting a strong commitment to student advancement.Expenses $119,045 · grants $35,450
- The Post-Secondary Program provides two key services to students: (1) Academic Advising wherein we have an Academic Advisor guide students through their classes, and (2) Career Support wherein we provide students career mentors to help them graduate and secure a job. Our programs resulted in an 85% graduation rate for post-secondary students, with 72% of alumni successfully reaching living wage attainment.Expenses $190,933 · grants $94,534
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 84-4102530
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,962,504
- Income (IRS master file)
- $1,566,191
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,182,944 | $392,310 | $1,962,504 | IRS |
| 990 | June 2024 | $535,160 | $307,899 | $1,158,832 | XML |
| 990 | June 2023 | $651,142 | $328,024 | $734,132 | IRS |
| 990 | July 2022 | – | – | – | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990-EZ | July 2020 | – | – | – | 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 84-4102530).
Questions about MOMENTUM EDUCATION
- What is the EIN of MOMENTUM EDUCATION?
- The employer identification number (EIN) of MOMENTUM EDUCATION is 84-4102530.
- Is MOMENTUM EDUCATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to MOMENTUM EDUCATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MOMENTUM EDUCATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MOMENTUM EDUCATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MOMENTUM EDUCATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MOMENTUM EDUCATION?
- The 990 for the year ended June 30, 2025 names Raj Salhotra.
- Who are the officers and directors of MOMENTUM EDUCATION?
- The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $67,500 (Raj Salhotra, Executive Director).
- How much revenue does MOMENTUM EDUCATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,182,944, expenses of $392,310 and total assets of $1,962,504 at year end.
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