Civic Intelligence

Momentum for Health

EIN 94-1496052 • 501(c)3 • San Jose, CA

Profile

Helping people achieve mental and emotional health, discover their potential, and fully participate in life.

1922 The AlamedaSan Jose, CA 95126

www.momentumforhealth.org

Siviq Scores

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

Liabilities / Assets

55th percentile

0.30x

Higher debt load relative to assets than 55% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

36th percentile

0.20x

Higher debt load relative to revenue than 36% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Net Margin

79th percentile

24%

Higher net margin than 79% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

74th percentile

$577,012

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Asset Growth

87th percentile

23%

Faster asset growth than 87% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Revenue Growth

81st percentile

35%

Faster revenue growth than 81% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Assets

Down

$53,282,234

Down $1,793,304 (-3.3%) from 2023

Liabilities

Up

$30,361,836

Up $254,310 (+0.8%) from 2023

Net Assets

Down

$22,920,398

Down $2,047,614 (-8.2%) from 2023

Revenue

Up

$71,736,480

Up $7,688,516 (+12%) from 2023

Expenses

Up

$73,784,094

Up $4,610,634 (+6.7%) from 2023

Net Income

Up

-$2,047,614

Up $3,077,882 (+60%) from 2023

Trend Graphs

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $24,480,383Liabilities 2011: $12,393,127Net Assets 2011: $12,087,2562011Assets 2012: $23,825,475Liabilities 2012: $10,887,036Net Assets 2012: $12,938,4392012Assets 2013: $24,317,761Liabilities 2013: $10,769,982Net Assets 2013: $13,547,7792013Assets 2014: $25,244,169Liabilities 2014: $10,515,796Net Assets 2014: $14,728,3732014Assets 2015: $25,245,924Liabilities 2015: $10,199,222Net Assets 2015: $15,046,7022015Assets 2016: $25,653,792Liabilities 2016: $9,864,145Net Assets 2016: $15,789,6472016Assets 2017: $25,841,235Liabilities 2017: $9,555,912Net Assets 2017: $16,285,3232017Assets 2018: $25,322,071Liabilities 2018: $9,087,887Net Assets 2018: $16,234,1842018Assets 2019: $26,211,525Liabilities 2019: $9,241,285Net Assets 2019: $16,970,2402019Assets 2020: $28,071,805Liabilities 2020: $10,761,975Net Assets 2020: $17,309,8302020Assets 2021: $53,278,490Liabilities 2021: $33,128,985Net Assets 2021: $20,149,5052021Assets 2022: $55,751,355Liabilities 2022: $26,695,780Net Assets 2022: $29,055,5752022Assets 2023: $55,075,538Liabilities 2023: $30,107,526Net Assets 2023: $24,968,0122023Assets 2024: $53,282,234Liabilities 2024: $30,361,836Net Assets 2024: $22,920,3982024

Highlighted filing

2024

Assets$53,282,234
Liabilities$30,361,836
Net Assets$22,920,398

Operations Trend

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

$80M$60M$40M$20M$0-$20MExpenses 2011: $27,739,2892011Expenses 2012: $28,015,7442012Expenses 2013: $28,111,5242013Revenue 2014: $31,317,552Expenses 2014: $30,136,958Net Income 2014: $1,180,5942014Revenue 2015: $33,639,960Expenses 2015: $33,321,631Net Income 2015: $318,3292015Revenue 2016: $35,309,495Expenses 2016: $34,566,550Net Income 2016: $742,9452016Revenue 2017: $36,874,051Expenses 2017: $36,378,375Net Income 2017: $495,6762017Revenue 2018: $40,682,695Expenses 2018: $40,733,834Net Income 2018: -$51,1392018Revenue 2019: $46,165,488Expenses 2019: $45,429,432Net Income 2019: $736,0562019Revenue 2020: $52,759,365Expenses 2020: $52,419,775Net Income 2020: $339,5902020Revenue 2021: $60,943,064Expenses 2021: $58,103,389Net Income 2021: $2,839,6752021Revenue 2022: $66,324,094Expenses 2022: $57,398,299Net Income 2022: $8,925,7952022Revenue 2023: $64,047,964Expenses 2023: $69,173,460Net Income 2023: -$5,125,4962023Revenue 2024: $71,736,480Expenses 2024: $73,784,094Net Income 2024: -$2,047,6142024

Highlighted filing

2024

Revenue$71,736,480
Expenses$73,784,094
Net Income-$2,047,614

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$53.3$30.4$22.9$71.7$73.8$2.05
2023Detailed filing. Detailed filing data is available for this year.$55.1$30.1$25.0$64.0$69.2$5.13
2022Detailed filing. Detailed filing data is available for this year.$55.8$26.7$29.1$66.3$57.4$8.93
2021Detailed filing. Detailed filing data is available for this year.$53.3$33.1$20.1$60.9$58.1$2.84
2020Detailed filing. Detailed filing data is available for this year.$28.1$10.8$17.3$52.8$52.4$0.34
2019Detailed filing. Detailed filing data is available for this year.$26.2$9.24$17.0$46.2$45.4$0.74
2018Detailed filing. Detailed filing data is available for this year.$25.3$9.09$16.2$40.7$40.7$0.05
2017Detailed filing. Detailed filing data is available for this year.$25.8$9.56$16.3$36.9$36.4$0.50
2016Detailed filing. Detailed filing data is available for this year.$25.7$9.86$15.8$35.3$34.6$0.74
2015Detailed filing. Detailed filing data is available for this year.$25.2$10.2$15.0$33.6$33.3$0.32
2014Detailed filing. Detailed filing data is available for this year.$25.2$10.5$14.7$31.3$30.1$1.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.3$10.8$13.5$28.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.8$10.9$12.9$28.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.5$12.4$12.1$27.7
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 1, 2025
Return Version
2023v6.0
Gross Receipts
$73,005,808
Mission and Program Overview

Mission

Helping people achieve mental and emotional health, discover their potential, and fully participate in life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$35,799,947$34,645,622▼ $1,154,325
Cash and Non-Interest-Bearing Accounts$5,460,358$10,246,048▲ $4,785,690
Pledges and Grants Receivable$6,682,814$2,912,548▼ $3,770,266
Accounts Receivable$2,156,919$2,350,925▲ $194,006
Prepaid Expenses and Deferred Charges$1,206,637$944,941▼ $261,696
Savings and Temporary Cash Investments$602,644$0▼ $602,644
Total Assets$55,075,538$53,282,234▼ $1,793,304
Other Assets Total$3,166,219$2,182,150▼ $984,069
Liabilities
Mortgage Notes Payable Secured by Investment Property$17,143,071$17,829,796▲ $686,725
Accounts Payable and Accrued Expenses$9,216,552$8,798,198▼ $418,354
Other Liabilities$3,665,633$3,430,968▼ $234,665
Deferred Revenue$82,270$302,874▲ $220,604
Total Liabilities$30,107,526$30,361,836▲ $254,310
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$24,912,695$22,848,556▼ $2,064,139
Net Assets With Donor Restrictions$55,317$71,842▲ $16,525
Total Net Assets Fund Balance$24,968,012$22,920,398▼ $2,047,614
Total Liabilities and Net Assets / Fund Balance$55,075,538$53,282,234▼ $1,793,304

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$19,466,318$9,475,571$28,941,889
Land$13,939,896-$13,939,896
Equipment$936,735$1,376,749$2,313,484
Other Land Buildings$288,746-$288,746
Leasehold Improvements$13,927$39,446$53,373
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rachel L LapidusPsychiatristFT$531,225$28,364$559,589
Shefali MillerChief Medical OfficerFT$515,359$26,732$542,091
Maksim MarchenkoPsychiatristFT$496,922$22,134$519,056
Marina C PostPsychiatristFT$485,829$13,182$499,011
Charles FagundesPsychiatristFT$474,210$20,130$494,340
Tyson S TorresPsychiatristFT$448,887$33,232$482,119
David MinetaCEOFT$291,860$18,041$309,901
James MillsapExecutive DirectorFT$188,616$30,488$219,104
Theresa MataciaCFOFT$210,800-$210,800
Gail CampanaleChief Officer of Outpatient ProgramsFT$159,650$28,038$187,688
Eleonore Sosa PaceChief Officer of Residential & 24/7 ProgramsFT$168,980$15,658$184,638
Eleonore Sosa PaceChief Officer of Residential & 24/7-$159,650$24,988$184,638
Amy DuncanGeneral CounselFT$157,692$19,525$177,217

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Jaime Maturino GardeningLandscaping And Maintenance1585 N 4TH STREET, San Jose, CA 95112$592,936
Platinum Resource GroupTemporary Staffing17875 VON KARMAN AVE 150, Irvine, CA 92614$413,077
J And B Facility And Hvac SvcHvac Repair Services200 FORD RD 44, San Jose, CA 95138$226,354
Theresa MataciaCfo Consultant158 INDIAN HILLS DR, Novato, CA 94949$210,800
Westwood & Wilshire LLCRecruiting Services5757 WILSHIRE BOULEVARD SUITE 502, Los Angeles, CA 90036$124,375
Revenue and Support

Revenue Composition

Contributions and Grants
$62,389,000
Program Service Revenue
$8,975,894
Investment Income
$39,172
Other Revenue
$332,414
All Other Contributions
$1,868,666
Change in Net Assets
$-2,047,614

Audited Revenue Reconciliation

Revenue per Audited Statements
$71,736,480
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,420,961
Total Revenue per Audited Statements
$73,157,441
Total Revenue per Form 990
$71,736,480
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$59,356,765
Other Expenses$13,095,692
Grants and Similar Amounts Paid$1,331,637
Total Fundraising Expense$913,704
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$40,174,288$6,729,654$518,049$47,421,991
Payroll Taxes$3,660,741$629,412$42,988$4,333,141
Other Employee Benefits$3,499,129$638,943$50,711$4,188,783
Occupancy$2,879,801$634,466$1,166$3,515,433
Office Expenses$1,632,517$659,126$46,678$2,338,321
Fees for Services Other$511,435$1,291,013$192,452$1,994,900
Current Officers, Directors, Trustees, and Key Employees$1,626,645$275,901$20,550$1,923,096
Pension Plan Contributions$1,214,521$270,455$4,778$1,489,754
Depreciation Depletion$1,008,401$383,078$8,591$1,400,070
Grants to Domestic Individuals$1,331,637--$1,331,637
Information Technology$415,993$607,484$7,493$1,030,970
Interest$280,585$539,177-$819,762
Insurance$554,266$197,067$13,699$765,032
Travel$392,303$74,534$292$467,129
Fees for Services Legal-$182,320-$182,320
Advertising$151,892$8,400$902$161,194
Conferences and Meetings$98,124$43,309$2,333$143,766
Other Expenses$2,803$95,346$3,022$101,171
Fees for Services Accounting-$90,875-$90,875
All Other Expenses$67,080$17,669-$84,749
Total Functional Expenses$59,502,161$13,368,229$913,704$73,784,094

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$75,205,055
Expenses per Audited Statements$73,784,094
Total Expenses per Form 990$73,784,094
Expenses Not Reported on Form 990$1,420,961
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$50,843
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Shining Star Fy 24$111,150-$46,646-
Recovery Showcase$4,953-$4,197-
Total Events$116,103-$50,843$-50,843
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Facility Leases$1,869,242
Lease Liabilities$1,490,658
Deposits Held$71,068
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Momentum for health hired theresa matacia a consulting cfo on 11/4/2022. As momentum for health's cfo, theresa reports to the ceo and the board of directors and her responsibilities include: overseeing all financial and accounting functions including financial close, financial planning & analysis, cash management, financing, tax and regulatory financial compliance, payroll and accounts payable. The total amount paid to platinum resources group for cfo services in 2023 was 413,077.

Form 990, Part VI, Section B, Line 11B

Moss adams prepares the tax returns based on the audited financial statements. Applicable information is also provided by momentum finance controller, reviewed by (interim) cfo, who also reviewed the draft tax returns, discussed with the tax team and approved the tax returns. The (interim) cfo provided the tax returns to the executive committee, the audit committee, and the board for their review prior to filing.

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

Annual reviews are conducted to monitor and ensure compliance with the conflict of interest policy.

Form 990, Part VI, Section B, Line 15

Momentum for health engaged with an outside compensation consultant who conducted a market study on market competitive levels for total direct compensation, total cash compensation, and base salary for 11 select positions at momentum. The methodology used by this consultant was to request a comprehensive set of internal data, interview the hr manager to align their analysis, and utilize 22 different published and private surveys plus numerous other reference points of non-profits in the us by job position. The result of this analysis was a compensation matrix by position of market-based compensation levels at the 25th, 50th, 60th and 75th percentile. Based on the results of this study and further discussion, momentum's ceo recommended, and the compensation committee of the momentum board of directors approved an increase in the base salaries to the 60th percentile for 8 of the 11 positions in the study as of 1/1/2024. Meeting minutes were inscribed for all compensation committee discussions on this matter.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Momentum for Health
EIN
94-1496052
Phone
6693192157
Address
1922 THE ALAMEDA, SAN JOSE, CA 95126

Signing Officer

Name
David Mineta
Title
CEO
Phone
6693192157
Signed
2025-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Mineta
Formed
1997
Legal Domicile
CA
Voting Board Members
18
Independent Board Members
17
Employees
717
Volunteers
25

Preparer

Firm
Moss Adams Llp
Address
101 SECOND STREET SUITE 900, SAN FRANCISCO, CA 94105
Preparer
Leslie Van
Phone
4159561500
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

There were a number of programs that were closed in fy24 including our child, youth, and family programs and intensive outpatient programs.

Financial Statement Notes

PART X, LINE 2:

The agency is a nonprofit corporation under internal revenue code section 501(c)(3) and has been granted tax-exempt statuses by the internal revenue service and the california revenue and taxation code. As of june 30, 2024, the agency had no unrecognized tax positions or uncertain tax positions requiring accrual. Therefore, no provision for income taxes has been provided in the financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses 1,218,484. Special event expenses 50,843.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses 1,218,484. Special event expenses 50,843.

Raw XML AppendixShowing 400 of 991 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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