Civic Intelligence

Momenta Inc

EIN 23-2616928 • 501(c)3 • Brooklyn, NY

Profile

Momenta Inc. is an artist-run charitable

220 Highland Blvd 3-0Brooklyn, NY 11207

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.28x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

95th percentile

1.10x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

14th percentile

-49%

Higher net margin than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

17th percentile

-52%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

7th percentile

-86%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$5,842

Down $6,315 (-52%) from 2017

Liabilities

Down

$7,468

Down $2,998 (-29%) from 2017

Net Assets

Down

-$1,626

Down $3,317 (-196%) from 2017

Revenue

Down

$6,800

Down $40,480 (-86%) from 2017

Expenses

Down

$10,117

Down $36,821 (-78%) from 2017

Net Income

Down

-$3,317

Down $3,659 (-1070%) from 2017

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0-$20KAssets 2011: $20,761Liabilities 2011: $0Net Assets 2011: $20,7612011Assets 2012: $25,235Liabilities 2012: $16,649Net Assets 2012: $8,5862012Assets 2013: $68,689Liabilities 2013: $55,542Net Assets 2013: $13,1472013Assets 2014: $30,631Liabilities 2014: $19,514Net Assets 2014: $11,1172014Assets 2015: $27,430Liabilities 2015: $18,305Net Assets 2015: $9,1252015Assets 2016: $17,295Liabilities 2016: $15,946Net Assets 2016: $1,3492016Assets 2017: $12,157Liabilities 2017: $10,466Net Assets 2017: $1,6912017Assets 2018: $5,842Liabilities 2018: $7,468Net Assets 2018: -$1,6262018

Highlighted filing

2018

Assets$5,842
Liabilities$7,468
Net Assets-$1,626

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $158,476Expenses 2011: $156,544Net Income 2011: $1,9322011Expenses 2012: $227,9222012Expenses 2013: $136,4752013Revenue 2014: $121,703Expenses 2014: $123,733Net Income 2014: -$2,0302014Revenue 2015: $138,218Expenses 2015: $140,210Net Income 2015: -$1,9922015Revenue 2016: $74,921Expenses 2016: $82,697Net Income 2016: -$7,7762016Revenue 2017: $47,280Expenses 2017: $46,938Net Income 2017: $3422017Revenue 2018: $6,800Expenses 2018: $10,117Net Income 2018: -$3,3172018

Highlighted filing

2018

Revenue$6,800
Expenses$10,117
Net Income-$3,317

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jul 25, 2018
Return Version
2017v2.2
Gross Receipts
$6,800
Mission and Program Overview

Mission

Momenta Inc. is an artist-run charitable

Momenta Inc. is an artist-run charitable institution that works to promote emerging and underpresented artists. The organization seeks to expand the dialogue of art by showing work that is not well represented in commercial galleries because of its form or content.

Program Services

DescriptionGrantsExpenses
Momenta Inc. presented one group exhibition titled Land and Time, at Atlas Studios, 11 Spring Street Newburgh NY 12550. The exhibition is presenting perspectives on the human relationship to nature.-$8,092
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ERIC HEISTDirectorPT$6,000-$6,000
MAUREEN CONNORDirector-$0--
TAL BEERYTreasurer-$0--
CHRISTOS GIANNIKOSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Momenta Inc
EIN
23-2616928
Phone
7182188058
Address
220 HIGHLAND BLVD 3-0, BROOKLYN, NY 11207

Signing Officer

Name
Eric Heist
Title
Director
Phone
7182188058
Signed
2018-07-25

Preparer

Firm
Kil S Jung CPA
Address
16 WEST 32ND STREET SUITE 406, NEW YORK, NY 10001
Preparer
Kil S Jung CPA
Phone
2127141772
Supplemental Narrative

Additional Explanations

Pt VI, Line 8A

The organization keeps written document of each meeting.

Pt VI, Line 8B

Each committee keeps written document of each meeting.

Pt VI, Line 11B

The boad members review form 990 before filing.

Form 990EZ, Part I, Line 16

Depreciation 0.

Form 990EZ, Part II, Line 26

Accounts payable 10466. 7468.

Raw XML Appendix151 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
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IRS990EZ/PrimaryExemptPurposeTxt0Momenta Inc. is an artist-run charitable institution that works to promote emerging and underpresented artists. The organization seeks to expand the dialogue of art by showing work that is not well represented in commercial galleries because of its form or content.
IRS990EZ/PrintingPublicationsPostageAmt02498
IRS990EZ/ProgramServiceRevenueAmt00
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IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
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IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt010466
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IRS990EZ/TanningServicesProvidedInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization keeps written document of each meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each committee keeps written document of each meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The boad members review form 990 before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE 10466. 7468.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07182188058
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-25
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ReturnHeader/Filer/EIN0232616928
ReturnHeader/Filer/PhoneNum07182188058
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ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011207
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
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ReturnHeader/FilingSecurityInformation/IPDt02018-08-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm004:46:34
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KIL S JUNG CPA
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010001
ReturnHeader/PreparerPersonGrp/PhoneNum02127141772
ReturnHeader/PreparerPersonGrp/PreparationDt02018-08-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIL S JUNG CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-08-09T04:46:42-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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