NonprofitsMomentum Network

Public & Societal Benefit

Momentum Network

CHATTANOOGA, TN

Total revenue

$379K

Total expenses

$286K

Net assets

$147K

Grants received

$475K

24 grants

EIN

815479975

Tax year

2023

Mission

Building the village to propel two-generations to shatter statistics and grow stronger with single moms in college and their children.

Financials

FY 2023

Revenue

Contributions & grants$379K
Program service revenue
Investment income
Other revenue
Total revenue$379K

Expenses

Grants paid
Salaries & benefits$178K
Fundraising$9K
Other expenses$108K
Total expenses$286K
Total assets$157K
Net assets$147K

People

5 listed

NameRoleCompensation

CARA HICKS

PRESIDENT/CE

Board

$69K

40 hrs/wk

SANDY RUTTER

BOARD CHAIR

Board

KENNY HAMMONTREE

BOARD SECRET

Board

MELODY PEACE

BOARD TREASU

Board

JOY HOOVER

BOARD MEMBER

Board

Grants received

Showing 24 of 24

FromAmountPurposeYear
$76K
ORGANIZATIONAL SUPPORT
2024
$50K
FOR GENERAL SUPPORT
2024
$25K
WOMEN'S MINISTRY
2024
$10K
PROGRAM SUPPORT
2024
$927
DONATION
2024
$40K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2023
$21K
For grant recipient's exempt purposes
2023
$10K
OPERATING SUPPORT
2023
$10K
CULTURE & ARTS
2023
$7K
SKILLS AND FINANCIAL TRAINING FOR MOMS
2023
$5K
PROGRAMS TO HELP SINGLE MOTHERS BECOME SELF-SUFFICIENT
2023
$74K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2022
$20K
FOR GENERAL OPERATING SUPPORT.
2022
$10K
FOR GENERAL OPERATING SUPPORT.
2022
$15K
CHARITY
2020
$6K
For grant recipient's exempt purposes
2020
$2K
UNRESTRICTED GENERAL SUPPORT
2020
$25K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2019

Funded by

$475K from 13 funders · 24 grants · 2019–2024

Chattanooga Christian Community

$189K · 3 grants · 2022–2024

John Templeton Foundation

$50K · 1 grant · 2024

Fidelity Investments Charitable Gift Fund

$27K · 2 grants · 2020–2023

Natl Christian Charitable Fdn Inc

$25K · 1 grant · 2024

The Howard Fund

$15K · 1 grant · 2020

Details

EIN815479975
NTEE codeW99
Subsection03
Ruling date2018-04
Employees12
Volunteers169
MOMENTUM NETWORK — Mission, Financials & Grants Received | Grantivo