2024-11-15T17:42:36-06:00 2023-12-31 050568611 SST ACCOUNTANTS & CONSULTANTS PLLC 12720 HILLCREST ROAD SUITE 500 DALLAS TX 752302039 990 2023-01-01 842723840 MOMENTUM ADVISORY COLLECTIVE MOME 2143031234 1510 PACIFIC AVE DALLAS TX 75201 CHAD HOUSER CEO 2143031234 2024-11-15 1 1 RYAN T SCHILHAB P01259865 9723921143 2024-11-15 2023 2024-10-15 13:58:12Z CHAD HOUSER 1510 PACIFIC AVE DALLAS TX 75201 4511262 0 X MOMENTUMADVISORY.CO X 2019 TX PROVIDING ADVOCACY, PROGRAMMATIC TRAINING, AND SUPPORT FOR AT-RISK YOUTH TO ACHIEVE THEIR GREATEST POTENTIAL, BUILDING UPON THE TRIED AND TRUE METHODS OF CAFE MOMENTUM. IN FURTHERANCE OF SUCH PURPOSES AND MISSION, THE CORPORATION SHALL HAVE FULL POWER AND AUTHORITY:A. TO RECEIVE AND ACCEPT PROPERTY, WHETHER REAL, PERSONAL OR MIXED, BY WAY OF GIFT, BEQUEST, OR DEVISE, FROM ANY PERSON, FIRM, TRUST OR CORPORATION, TO BE HELD, ADMINISTERED, AND DISPOSED OF IN ACCORDANCE WITH AND PURSUANT TO THE GOVERNING INSTRUMENTS OF THE ORGANIZATION, AS THE SAME SHALL BE AMENDED FROM TIME TO TIME; ANDB. TO PERFORM ALL OTHER ACTS NECESSARY OR INCIDENTAL TO THE ABOVE AND TO DO WHATEVER IS DEEMED NECESSARY, USEFUL, ADVISABLE, OR CONDUCIVE, DIRECTLY OR INDIRECTLY, AS DETERMINED BY THE BOARD, TO CARRY OUT ANY OF THE PURPOSES OF THE ORGANIZATION, AS SET FORTH IN THE ARTICLES OF INCORPORATION, INCLUDING THE EXERCISE OF ALL OTHER POWER. 6 6 15 0 0 0 2748641 4501522 0 0 0 9740 0 0 2748641 4511262 0 909211 0 0 1257171 1276073 155237 0 320646 688061 852988 2100469 3038272 648172 1472990 1712477 5447457 56288 2318278 1656189 3129179 WE BUILD PROGRAMS THAT EXPAND OPPORTUNITY AND ENABLE SYSTEM-INVOLVED YOUTH TO REACH THEIR FULL POTENTIAL WITH THE HOLISTIC SUPPORT OF THEIR SUPPORT. 0 0 2397397 909211 MOMENTUM ADVISORY COLLECTIVE ADVISES AND TRAINS COMMUNITY LEADERS AND EMPLOYERS THROUGHOUT THE UNITED STATES IN LAUNCHING AND MANAGING INNOVATIVE CULINARY TRAINING PROGRAMS THAT PROVIDE LIFE SKILLS, EDUCATION, AND EMPLOYMENT OPPORTUNITIES TO TRANSFORM THE LIVES OF YOUTH COMING OUT OF JUVENILE DETENTION FACILITIES. 2397397 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 CA X THE ORGANIZATION 2143031234 1510 PACIFIC AVE DALLAS TX 75201 JIM ANDERSON DIRECTOR 1.00 X 0 0 0 GARETH HALL DIRECTOR 1.00 X 0 0 0 JOHN HASLEY DIRECTOR 1.00 X 0 0 0 CHENG LIM DIRECTOR 1.00 X 0 0 0 CHARISSE SMITH DIRECTOR 1.00 X 0 0 0 NELSON WILLIAMS DIRECTOR 1.00 X 0 0 0 OLIVIA COLE CHIEF DEVELOPMENT OFFICER 40.00 X X 207782 0 0 CHAD HOUSER CEO 25.00 X X 0 0 0 ALEXANDRA OSTROW COO 40.00 X X 0 0 0 207782 0 0 1 0 1 0 0 4501522 4501522 9740 9740 4511262 0 0 9740 X 909211 909211 207781 149882 26709 31190 937148 676006 120465 140677 6163 4446 792 925 45441 32779 5841 6821 79540 57376 10224 11940 3653 3653 33000 33000 376808 270948 49825 56035 51836 41796 5822 4218 99310 51316 24921 23073 3580 3580 148823 104066 15972 28785 12225 12225 NEW RESTAURANT LOCATION 123753 99571 7200 16982 3038272 2397397 320229 320646 1158986 3994311 1088244 507382 364902 495 45614 0 1712477 5447457 46222 80086 10066 2238192 56288 2318278 X 817887 2245691 838302 883488 1656189 3129179 1712477 5447457 1472990 0 X 0 1 X 1 0 X 1194016 1693416 2748641 4501522 10137595 1194016 1693416 2748641 4501522 10137595 0 0 0 10137595 1194016 1693416 2748641 4501522 10137595 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO AFFILIATE 2238192 2238192 X 4511262 0 4511262 0 4511262 3038272 0 3038272 0 3038272 PART X, LINE 2: MANAGEMENT HAS CONCLUDED THAT ANY TAX POSITIONS THAT WOULD NOT MEET THE MORE-LIKELY-THAN-NOT CRITERION OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740-10, ACCOUNTING FOR INCOME TAXES, WOULD BE IMMATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE ANY PROVISION FOR UNCERTAIN TAX POSITIONS, AND NO RELATED INTEREST OR PENALTIES HAVE BEEN RECORDED. FEDERAL AND STATE TAX RETURNS OF THE ORGANIZATION ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED. 0 CAFE MOMENTUM DENVER 3201 CURTIS STREET DENVER CO 80205 934503501 501(C)(3) 473546 0 SUPPORT CAFE MOMENTUM ATLANTA 200 PEACHTREE ST NW ATLANTA GA 30303 934137166 93-4503501 435665 0 SUPPORT 2 X X 0 0 0 0 0 0 0 0 0 OLIVIA COLE CHIEF DEVELOPMENT OFFICER 207782 0 0 0 0 0 0 0 0 0 207782 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C TO ENSURE THE CORPORATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: (A) WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING, (B) WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE CORPORATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. PROCEDURES 1. DUTY TO DISCLOSE. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. 2. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. 3. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST. (A) AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, THE INTERESTED PERSON SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. (B) THE CHAIRPERSON OF THE BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. (C) AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE CORPORATION CAN OBTAIN WITH REASONABLE EFFORTS A MORETRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. (D) IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS PRESENT WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 TO ENSURE THE CORPORATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: (A) WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING, (B) WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE CORPORATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROF FEES: PROGRAM SERVICE EXPENSES 270,948. MANAGEMENT AND GENERAL EXPENSES 49,825. FUNDRAISING EXPENSES 56,035. TOTAL EXPENSES 376,808. CAFE MOMENTUM 1510 PACIFIC AVENUE DALLAS TX 75201 320384561 RESTAURANT AND TRAINING FOR AT-RISK YOUTH TX 501(C)(3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 CAFE MOMENTUM P 110680 CASH