Civic Intelligence

Millennium Momentum Foundation

990 • Fiscal year 2013 • EIN 74-3053136

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 19, 2014

Organization ProfileWWW.MILLENNIUM-MOMENTUM.ORG
5482 Wilshire Blvd No 115Los Angeles, CA 90036

(323) 939-9549

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.31x

Higher debt load relative to assets than 85% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

89th percentile

0.31x

Higher debt load relative to revenue than 89% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

75th percentile

18%

Higher net margin than 75% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

96th percentile

$65,000

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 21.7% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

76th percentile

26%

Faster asset growth than 76% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$304,331

Up $63,527 (+26%) from 2012

Net Assets

Up

$211,470

Up $55,098 (+35%) from 2012

Liabilities

Up

$92,861

Up $8,429 (+10.0%) from 2012

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin75th percentile

Revenue

$300,046

No earlier filing loaded for comparison.

Expenses

Up

$244,948

Up $356 (+0.1%) from 2012

Net Income

$55,098

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $201,384Liabilities 2011: $81,458Net Assets 2011: $119,9262011Assets 2012: $240,804Liabilities 2012: $84,432Net Assets 2012: $156,3722012Assets 2013: $304,331Liabilities 2013: $92,861Net Assets 2013: $211,4702013Assets 2014: $375,218Liabilities 2014: $110,059Net Assets 2014: $265,1592014Assets 2015: $431,265Liabilities 2015: $130,740Net Assets 2015: $300,5252015Assets 2017: $24,609Liabilities 2017: $0Net Assets 2017: $24,6092017Assets 2018: $25,209Liabilities 2018: $02018Assets 2020: $1,585Liabilities 2020: $02020

Highlighted filing

2013

Assets$304,331
Liabilities$92,861
Net Assets$211,470
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0Expenses 2011: $227,2732011Expenses 2012: $244,5922012Revenue 2013: $300,046Expenses 2013: $244,948Net Income 2013: $55,0982013Revenue 2014: $259,823Expenses 2014: $210,137Net Income 2014: $49,6862014Revenue 2015: $314,821Expenses 2015: $279,455Net Income 2015: $35,3662015Revenue 2017: $206,955Expenses 2017: $199,262Net Income 2017: $7,6932017Revenue 2018: $199,815Expenses 2018: $198,631Net Income 2018: $1,1842018Revenue 2020: $56,849Expenses 2020: $56,470Net Income 2020: $3792020

Highlighted filing

2013

Revenue$300,046
Expenses$244,948
Net Income$55,098
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 19, 2014
Return Version
2013v3.0
Gross Receipts
$300,046
Mission and Program Overview

Mission

Our mission is to increase the number of students and young professionals in public service fields through higher education, mentoring and leadership training

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$235,414$299,816▲ $64,402
Prepaid Expenses and Deferred Charges$2,785$1,934▼ $851
Cash and Non-Interest-Bearing Accounts-$923-
Land, Buildings, and Equipment, Net$1,166$219▼ $947
Total Assets$240,804$304,331▲ $63,527
Other Assets Total$1,439$1,439→ $0
Liabilities
Accounts Payable and Accrued Expenses$78,416$85,930▲ $7,514
Other Liabilities$6,016$6,931▲ $915
Total Liabilities$84,432$92,861▲ $8,429
Net Assets / Fund Balance
Unrestricted Net Assets$154,032$211,470▲ $57,438
Temporarily Rstr Net Assets$2,340$0▼ $2,340
Total Net Assets Fund Balance$156,372$211,470▲ $55,098
Total Liabilities and Net Assets / Fund Balance$240,804$304,331▲ $63,527

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$219$2,335$2,554
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jason L SewardFounder and CEOFT$65,000$65,000

Board Members and Trustees

NameTitle
Alfred JumperBoard Member
Bonita PerkinsBoard Member
Cedric HicksBoard Member
Clarence GriffinBoard Member
Edward RobinsonBoard Member
Gail HerringBoard Member
John King IiBoard Member
Joseph WenBoard Member
Keith ColemanBoard Member
Larry AhlquistBoard Member
Mark ChunBoard Member
Rondine MacadaegBoard Member
Vicente Ching CPAVP - Finance
Shan SundarVP-marketing
Allyson LavalaisVP-programs/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$300,046
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$297,546
Change in Net Assets
$55,098

Audited Revenue Reconciliation

Revenue per Audited Statements
$300,046
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$300,046
Total Revenue per Form 990
$300,046
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$125,230
Salaries, Compensation, and Employee Benefits$70,218
Grants and Similar Amounts Paid$49,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$58,500$6,500-$65,000
Grants to Domestic Individuals$49,500--$49,500
Occupancy$13,964$1,541-$15,505
All Other Expenses$10,583$2,886-$13,469
Conferences and Meetings$7,071--$7,071
Travel$5,594--$5,594
Other Expenses$5,581$6-$5,581
Payroll Taxes$4,696$522-$5,218
Fees for Services Accounting$4,163$462-$4,625
Information Technology$3,829--$3,829
Insurance$2,190$243-$2,433
Office Expenses$879$201-$1,080
Depreciation Depletion-$947-$947
Total Functional Expenses$231,640$13,308$0$244,948

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$244,948
Total Expenses per Audited Statements$244,948
Total Expenses per Form 990$244,948
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$6,931
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“Line 11a explanation - the governing board of directors of millennium momentum foundation reviews the irs form 990 prior to submittal to the internal revenue service in an effort to allow for applicable review, clarifications, and input from the agency governing body.”

Form 990, Part VI, Section B, Line 12C

“Millennium momentum foundation has a board-approved conflict of interest policy. Each director, principal officer and member of a committee with millennium momentum foundation, inc. Governing board delegated powers annually signs a statement which affirms such person: a.has received a copy of the conflicts of interest policy, b.has read and understands the policy, c.has agreed to comply with the policy, and d.understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

Form 990, Part VI, Section B, Line 15

“Salary and any other compensation is approved by the board.”

Form 990, Part VI, Section C, Line 18

“The agency's governing documents, conflict of interest policy, and financial statements are available to the public as deemed appropriate by law.”

Form 990, Part VI, Section C, Line 19

“The agency's governing documents, conflict of interest policy, and financial statements are available to the public as deemed appropriate by law.”

Filing and Contact Details

Filer

EIN
74-3053136
Phone
3239399549

Signing Officer

Name
Jason L Seward
Title
Founder and CEO
Phone
3239399549
Signed
2014-11-19

Organization Details

Principal Officer
Jason L Seward
Formed
2002
Legal Domicile
CA
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
0

Preparer

Preparer
Lilian Ebreo
Phone
2133878844
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Mmf adopted the provision of accounting standards codification topic 740, income taxes (asc 740), previously referred to as fasb interpretation no. 48, accounting for uncertainty in income taxes. Under asc 740, tax benefits are recorded only for tax positions that are more likely than not to be sustained upon examination by tax authorities. The amount recognized is measured as the largest amount of benefit that is greater than 50% likely to be realized upon ultimate settlement. For the year ended december 31, 2012, there were no income tax liabilities with respect to uncertain tax positions.”

Raw XML AppendixShowing 400 of 454 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt078416
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt085930
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0OUR MISSION IS TO INCREASE THE NUMBER OF STUDENTS AND YOUNG PROFESSIONALS IN PUBLIC SERVICE FIELDS THROUGH HIGHER EDUCATION, MENTORING AND LEADERSHIP TRAINING
IRS990/AllAffiliatesIncludedInd01
IRS990/AllOtherContributionsAmt0297546
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02886
IRS990/AllOtherExpensesGrp/ProgramServicesAmt010583
IRS990/AllOtherExpensesGrp/TotalAmt013469
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10JASON L SEWARD
IRS990/BooksInCareOfDetail/PhoneNum03239399549
IRS990/BooksInCareOfDetail/USAddress/AddressLine105482 WILSHIRE BLVD SUITE 115
IRS990/BooksInCareOfDetail/USAddress/City0LOS ANGELES
IRS990/BooksInCareOfDetail/USAddress/State0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCode090036
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/EOYAmt0923
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt06500
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt058500
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt065000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt07071
IRS990/ConferencesMeetingsGrp/TotalAmt07071
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0300046
IRS990/CYGrantsAndSimilarPaidAmt049500
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0125230
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt055098
IRS990/CYSalariesCompEmpBnftPaidAmt070218
IRS990/CYTotalExpensesAmt0244948
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0300046
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0947
IRS990/DepreciationDepletionGrp/TotalAmt0947
IRS990/Desc0SEE SCHEDULE O.MILLENNIUM MOMENTUM FOUNDATION, INC. AWARDED $49,500.00 IN ACADEMIC SCHOLARSHIPS DURING FISCAL YEAR 2013 FOR STUDENTS ACCEPTED INTO OUR 2013-2014 BEST & BRIGHTEST SCHOLARSHIP PROGRAM WHO WERE PURSUING CAREERS IN PUBLIC SERVICE RELATED FIELDS. AWARDS IN EACH ACADEMIC SCHOOL YEAR ARE SPLIT INTO TWO DISBURSEMENTS, WHEREBY ONE IS DISBURSED IN THE FALL AND THE OTHER IN THE SPRING SEMESTERS UPON VERIFYING STUDENTS' FULL-TIME ENROLLMENT, CONTINUED MINIMUM 3.0 GPA, AND FULL PARTICIPATION IN MMF WRAP-AROUND SERVICE DELIVERY PROGRAMS TO COUPLE THEIR ACADEMIC PREPARATION WITH LEADERSHIP SKILLS DEVELOPMENT AND PROFESSIONAL DEVELOPMENT SUPPORT SERVICES. STUDENTS WERE SELECTED ON THE BASIS OF ACADEMIC MERIT, LEADERSHIP POTENTIAL, AND FINANCIAL NEED, AND REPRESENTS APPLICANTS FROM THROUGHOUT THE ENTIRE SOUTHERN CALIFORNIA REGION. SCHOLARSHIP PROGRAM NOW EXPANDING TO SERVE ARIZONA AND OTHER REGIONS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0107931
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0462
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt04163
IRS990/FeesForServicesAccountingGrp/TotalAmt04625
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0JASON L SEWARD
IRS990/Form990PartVIISectionAGrp/PersonNm1VICENTE CHING CPA
IRS990/Form990PartVIISectionAGrp/PersonNm2LARRY AHLQUIST
IRS990/Form990PartVIISectionAGrp/PersonNm3CLARENCE GRIFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm4KEITH COLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5SHAN SUNDAR
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN KING II
IRS990/Form990PartVIISectionAGrp/PersonNm7MARK CHUN
IRS990/Form990PartVIISectionAGrp/PersonNm8ALLYSON LAVALAIS
IRS990/Form990PartVIISectionAGrp/PersonNm9BONITA PERKINS
IRS990/Form990PartVIISectionAGrp/PersonNm10EDWARD ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm11JOSEPH WEN
IRS990/Form990PartVIISectionAGrp/PersonNm12GAIL HERRING
IRS990/Form990PartVIISectionAGrp/PersonNm13RONDINE MACADAEG
IRS990/Form990PartVIISectionAGrp/PersonNm14ALFRED JUMPER
IRS990/Form990PartVIISectionAGrp/PersonNm15CEDRIC HICKS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt065000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0FOUNDER AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP - FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP-MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8VP-PROGRAMS/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GovernmentGrantsAmt02500
IRS990/GrantAmt049500
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt049500
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt049500
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0300046
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt03829
IRS990/InformationTechnologyGrp/TotalAmt03829
IRS990/InsuranceGrp/ManagementAndGeneralAmt0243
IRS990/InsuranceGrp/ProgramServicesAmt02190
IRS990/InsuranceGrp/TotalAmt02433
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02335
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01166
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0219
IRS990/LandBldgEquipCostOrOtherBssAmt02554
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OUR MISSION IS TO INCREASE THE NUMBER OF STUDENTS AND YOUNG PROFESSIONALS IN PUBLIC SERVICE FIELDS THROUGH HIGHER EDUCATION, MENTORING AND LEADERSHIP TRAINING
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0156372
IRS990/NetAssetsOrFundBalancesEOYAmt0211470
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01541
IRS990/OccupancyGrp/ProgramServicesAmt013964
IRS990/OccupancyGrp/TotalAmt015505
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0201
IRS990/OfficeExpensesGrp/ProgramServicesAmt0879
IRS990/OfficeExpensesGrp/TotalAmt01080
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01439
IRS990/OtherAssetsTotalGrp/EOYAmt01439
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SCHOLAR RECOGNITION EVE
IRS990/OtherExpensesGrp/Desc1FACILITY AND EQUIPMENT
IRS990/OtherExpensesGrp/Desc2SUPPORT SERVICES
IRS990/OtherExpensesGrp/Desc3PRINTING AND COPYING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06
IRS990/OtherExpensesGrp/ProgramServicesAmt050030
IRS990/OtherExpensesGrp/ProgramServicesAmt17796
IRS990/OtherExpensesGrp/ProgramServicesAmt27264
IRS990/OtherExpensesGrp/ProgramServicesAmt35581
IRS990/OtherExpensesGrp/TotalAmt050030
IRS990/OtherExpensesGrp/TotalAmt17802
IRS990/OtherExpensesGrp/TotalAmt27264
IRS990/OtherExpensesGrp/TotalAmt35581
IRS990/OtherLiabilitiesGrp/BOYAmt06016
IRS990/OtherLiabilitiesGrp/EOYAmt06931
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0522
IRS990/PayrollTaxesGrp/ProgramServicesAmt04696
IRS990/PayrollTaxesGrp/TotalAmt05218
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0235414
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0299816
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02785
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01934
IRS990/PrincipalOfficerNm0JASON L SEWARD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SEE SCHEDULE OOVER 100 PARTICIPANTS COMPETED AND ENROLLED INOUR 2013 STATE-OF-THE-ART LEADERSHIP DEVELOPMENT INSTITUTE (LDI), WHICH IS HOSTED ANNUALLY ON THE CAMPUS OF PARTNERING SOUTHERN CALIFORNIA COLLEGE CAMPUSES. PROGRAM CONTINUES TO EXPAND ANNUALLY GIVEN ITS UNIQUE MODEL, SERVICE DELIVERY RESULTS, AND GROWING DEMAND. THE AGENCY HAS ACHIEVED A COMPELLING 96% COLLEGE GRADUATION RATE AND 91% EMPLOYMENT MATRICULATION RATE AMONG PROGRAM PARTICIPANTS COMPLETING SERVICE DELIVERY THROUGH 2013. THIS PROGRAM PROVIDES PRACTICAL LEADERSHIP DEVELOPMENT AND EMPLOYMENT SKILLS TRAINING, ALONG WITH INTEGRATED ONE-ON-ONE MENTORING, HIGHER EDUCATION & PROFESSIONAL DEVELOPMENT GUIDANCE, FINANCIAL LITERACY COACHING, AND OTHER SUPPORTIVE SERVICES FOR COLLEGE STUDENTS & COLLEGE BOUND YOUTH (AGES 18-25) IN THE SOUTHERN CALIFORNIA REGION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0123709
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0155398
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0281038
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt033000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0141374
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt036446
IRS990/PYSalariesCompEmpBnftPaidAmt070218
IRS990/PYTotalExpensesAmt0244592
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0281038
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt055098
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0144648
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0300046
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0281038
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0237650
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0244486
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0215234
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01278454
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01278454
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0300046
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0281038
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0237650
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0244486
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0215234
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01278454
IRS990ScheduleA/TotalSupportAmt01278454
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0219
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02335
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02554
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0244948
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06931
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0300046
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MMF ADOPTED THE PROVISION OF ACCOUNTING STANDARDS CODIFICATION TOPIC 740, INCOME TAXES (ASC 740), PREVIOUSLY REFERRED TO AS FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. UNDER ASC 740, TAX BENEFITS ARE RECORDED ONLY FOR TAX POSITIONS THAT ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY TO BE REALIZED UPON ULTIMATE SETTLEMENT. FOR THE YEAR ENDED DECEMBER 31, 2012, THERE WERE NO INCOME TAX LIABILITIES WITH RESPECT TO UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0219
IRS990ScheduleD/TotalExpensesPerForm990Amt0244948
IRS990ScheduleD/TotalLiabilityAmt06931
IRS990ScheduleD/TotalRevenuePerForm990Amt0300046
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0300046
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0244948
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt049500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt018
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0NO CHANGE IN THE PROCEDURE FROM THE PREVIOUS YEAR
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 11A EXPLANATION - THE GOVERNING BOARD OF DIRECTORS OF MILLENNIUM MOMENTUM FOUNDATION REVIEWS THE IRS FORM 990 PRIOR TO SUBMITTAL TO THE INTERNAL REVENUE SERVICE IN AN EFFORT TO ALLOW FOR APPLICABLE REVIEW, CLARIFICATIONS, AND INPUT FROM THE AGENCY GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MILLENNIUM MOMENTUM FOUNDATION HAS A BOARD-APPROVED CONFLICT OF INTEREST POLICY. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH MILLENNIUM MOMENTUM FOUNDATION, INC. GOVERNING BOARD DELEGATED POWERS ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS SUCH PERSON: A.HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B.HAS READ AND UNDERSTANDS THE POLICY, C.HAS AGREED TO COMPLY WITH THE POLICY, AND D.UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SALARY AND ANY OTHER COMPENSATION IS APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE AGENCY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AS DEEMED APPROPRIATE BY LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE AGENCY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AS DEEMED APPROPRIATE BY LAW.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt02340
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0240804
IRS990/TotalAssetsEOYAmt0304331
IRS990/TotalAssetsGrp/BOYAmt0240804
IRS990/TotalAssetsGrp/EOYAmt0304331
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0300046
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013308
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0231640
IRS990/TotalFunctionalExpensesGrp/TotalAmt0244948
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt084432
IRS990/TotalLiabilitiesEOYAmt092861
IRS990/TotalLiabilitiesGrp/BOYAmt084432
IRS990/TotalLiabilitiesGrp/EOYAmt092861
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0156372

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$304,331
Liabilities
$92,861
Net assets
$211,470
Revenue
$300,046
Expenses
$244,948
Net income
$55,098
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Summary only. Only limited summary data is available for this year.$0.02$0.00$0.57$0.56$0.00
2018Summary only. Only limited summary data is available for this year.$0.25$0.00$2.00$1.99$0.01
2017Summary only. Only limited summary data is available for this year.$0.25$0.00$0.25$2.07$1.99$0.08
2015Detailed filing. Detailed filing data is available for this year.$4.31$1.31$3.01$3.15$2.79$0.35
2014Detailed filing. Detailed filing data is available for this year.$3.75$1.10$2.65$2.60$2.10$0.50
2013Detailed filing. Detailed filing data is available for this year.$3.04$0.93$2.11$3.00$2.45$0.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$0.84$1.56$2.45
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$0.81$1.20$2.27
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)3 • <$500k nonprofits