2021-11-11T07:21:23-06:00 2020-12-31 111986323 Marcum LLP 1899 L Street NW Suite 850 Washington DC 20036 990 2020-01-01 383852989 Momentum Unlimited Inc MOME 2407477080 6101 Executive Boulevard No 240 Rockville MD 20852 Ben Pery Executive Director 2407477080 2021-11-11 1 Ben Pery 999009999 Thomas J Raffa P00916458 2022274000 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z Ben Pery 6101 Executive Boulevard No 240 Rockville MD 20852 6263220 0 X www.momentumunlimited.org X 2011 MD To empower women to change the world through Jewish values that transform communities. 14 14 35 0 0 0 11061777 6087098 2972661 166728 766 691 13728 8703 14048932 6263220 5751974 781743 0 0 3453276 3292886 0 0 1648730 2168030 2745039 11373280 6819668 2675652 -556448 7459899 6402932 3272686 2772167 4187213 3630765 We provide educational and transformative experiences with learning opportunities for Jews of all backgrounds, to learn more about their heritage and how it impacts their lives. 0 0 4111115 781743 175431 Momentum offers a year-long educational experience for women and men which includes a special gift: a highly subsidized 8-day action-packed trip to Israel. Women and men from all parts of the world travel as a group, grow as a group, and continue their journey back to their communities as brothers and sisters, having shared an incredible experience together. In 2020, Momentum expanded our offerings to include a wide array of programs more easily accessible from anywhere. From podcasts to video shorts (boosts) to web articles, we reached women and men in their daily lives to provide inspiration and Jewish growth. Momentum has opened many different doors in the Jewish journey to our global community. 4111115 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 1 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 59 0 1 35 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0 CA CO CT DC FL IL MD NJ NY OH PA VA X Amy Cantor 2407477084 6101 Executive Boulevard No 240 Rockville MD 20852 Helen Zalik President 20.00 X X 0 0 0 Michelle Leader Vice-President 10.00 X X 0 0 0 Cindy Zitelman Treasurer 10.00 X X 0 0 0 Racheli Chafetz Secretary 10.00 X X 0 0 0 Andrea Mail Director 10.00 X 0 0 0 Charlie Harary Director 10.00 X 0 0 0 Sheryl Hartman Director 10.00 X 0 0 0 Jeanie Milbauer Director 10.00 X 0 0 0 Manette Mayberg Director 10.00 X 0 0 0 Dana Sicherman Director 10.00 X 0 0 0 Ellen Waghelstein Director 10.00 X 0 0 0 Betty Grinstein Director 10.00 X 0 0 0 Cheryl Leon Director 10.00 X 0 0 0 Jeffrey Singer Director 10.00 X 0 0 0 Ben Pery Executive Director 40.00 X 286173 0 30234 Amy Cantor Dir. of Finance & Operations 40.00 X 178458 0 30472 Lori Palatnik Founding Director 40.00 X 230032 38969 38161 Robyn Hartman Director of Development 40.00 X 167190 0 29142 Halel Horowitz Director of Marketing 40.00 X 143207 0 20592 Ruth Baars Chief of Staff 40.00 X 141011 0 32765 Ronit Ziv Kreger Director of Education 40.00 X 129852 0 6719 Andrea Gottlieb Sr. Develop. Specialist 40.00 X 103962 0 4190 1379885 38969 192275 8 0 1 0 GoInspire 28 Park Avenue Airmont NY 10952 Tour Operator 927593 Authentic Israel 5185 MacArthur Blvd NW 640 Washington DC 20016 Tour Operator 333796 2 170872 5916226 6087098 Service fee 900099 135000 135000 Speaker fees 900099 31728 31728 166728 691 691 Miscellaneous 900099 8703 8703 8703 6263220 175431 0 691 X 10000 10000 771743 771743 735530 288822 187079 259629 2076446 1306842 136145 633459 69922 44987 3802 21133 333180 204231 26200 102749 77808 44648 8548 24612 68666 68666 23933 23933 1464662 898463 215696 350503 248813 139391 109422 154128 69027 63816 21285 97455 63157 8774 25524 144564 82402 15902 46260 67194 8128 46369 12697 157743 111962 36145 9636 25986 25986 53495 30492 5884 17119 Dues & subscriptions 144277 36820 92755 14702 Bad debt 94123 94123 6819668 4111115 1059823 1648730 20997 5114 541337 1282768 6655135 4521652 404177 27816 31752 368987 220747 201735 148240 5000 5000 7879 4229 7459899 6402932 1845809 646357 885942 939598 495000 1145000 45935 41212 3272686 2772167 X 756675 911329 3430538 2719436 4187213 3630765 7459899 6402932 -556448 0 X 0 1 X 0 0 X 10270869 4631602 8537262 11102637 6087098 40629468 10270869 4631602 8537262 11102637 6087098 40629468 10548432 30081036 4800 1046 3535 766 691 10838 3279 13594 13728 8703 39304 40679610 10620501 0.73950 0.69190 X Schedule A, Part II, Line 10, Explanation of Other Income: Vendor commission - 2017 Amount: $ 6,000. Other products - 2016 Amount: $ 298. 2017 Amount: $ 400. Other income - 2016 Amount: $ 2,981. 2017 Amount: $ 7,194. 2019 Amount: $ 13,728. 2020 Amount: $ 8,703. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 86282 20481 65801 35716 29695 6021 246989 170571 76418 148240 Deferred rent 41212 41212 X 6263220 0 6263220 0 6263220 6827837 8169 8169 6819668 0 6819668 Part X, Line 2: Management reviews and assesses all activities annually to identify any changes in the scope of the activities and revenue sources and the tax treatment thereof to identify any uncertainty in income tax. For the year ended December 31, 2020, management did not identify any uncertainty in income tax requiring recognition or disclosure in the consolidated financial statements. Part XII, Line 2d - Other Adjustments: Expenses of affiliate included in the consolidated audited financial statements, net of elimination entries 8,169. 1 Middle East and North Africa 1 14 Grantmaking 771743 1 14 0 0 1 14 771743 0 771743 Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt, Support of programs and operations 771743 1 0 1 0 1 0 0 0 Part I, Line 2: Momentum provides support to its controlled affiliate, Momentum Experience Israel. Management of Momentum monitors and reviews the costs of Momentum Experience Israel on a monthly basis. Part I, line 3: Accrual basis. Part III Accounting Method: 1 American Friends of the Jerusalem Kollel 190 Glen Avenue South Lakewood NJ 08701 201320557 501(c)(3) 10000 General support 1 0 Part I, Line 2: General support contributions are made to established organizations whose mission and goals align with that of Momentum. The operational success and accomplishments of the grantee are reviewed by management of Momentum. X X X X X 0 0 0 0 0 1 0 1 0 Ben Pery Executive Director 262173 0 24000 0 0 0 10880 0 19354 0 316407 0 0 0 Amy Cantor Dir. of Finance & Operations 168458 0 10000 0 0 0 7265 0 23207 0 208930 0 0 0 Lori Palatnik Founding Director 206032 38969 24000 0 0 0 8709 0 29452 0 268193 38969 0 0 Robyn Hartman Director of Development 162190 0 5000 0 0 0 6928 0 22214 0 196332 0 0 0 Halel Horowitz Director of Marketing 136207 0 7000 0 0 0 4379 0 16213 0 163799 0 0 0 Ruth Baars Chief of Staff 136011 0 5000 0 0 0 5880 0 26885 0 173776 0 0 0 Part I, Line 6 Any bonus awarded to the Executive Director and the Founding Director are dependent first on the annual change in net assets of Momentum being positive. The Board of Directors then determines any bonus, considering both the individual's performance and the organization's finances. Part I, Line 7 Bonuses for employees, including officers, are discretionary. The Board of Directors determines any bonus for the Executive Director and Founding Director and the Executive Director approves any bonus for all other employees. Form 990, Part VI, Section A, line 8a While contemporaneous approval of all minutes in accordance with the definition prescribed by the IRS for this question are not always present, written minutes are maintained for all board meetings documenting key discussions and decisions. Form 990, Part VI, Section A, line 8b Written minutes are maintained for the Finance Committee of the Board only. Contemporaneous approval is not documented for these committee meeting minutes. Form 990, Part VI, Section B, line 11b The Federal Form 990 is received and approved by the Executive Director, Director of Finance and the Board Treasurer. Form 990, Part VI, Section B, line 12c On an annual basis, all Board members, officers, and key employees are provided with the conflict of interest policy and required to complete and sign this form. Disinterested members of the Executive Committee make a determination as to whether a prohibited conflict exists and what subsequent action is appropriate (if any). The Executive Committee informs the Board of Directors of such determination and action. The Board of Directors retains the ultimate enforcement authority with respect to the interpretation and application of this policy. Form 990, Part VI, Section B, line 15a The Board of Directors uses comparative market value compensation to determine the Executive Director and Founding Director's compensation and the decision is contemporaneously documented. The Board of Directors executed an employment contract dated 10/14/2020. Form 990, Part VI, Section C, line 19 Momentum makes its governing documents and financial statements available to the public upon request. Form 990, Part IX, line 11g HR & recruitment fees: Program service expenses 0. Management and general expenses 117,429. Fundraising expenses 0. Total expenses 117,429. Payroll admistration fees: Program service expenses 0. Management and general expenses 7,775. Fundraising expenses 0. Total expenses 7,775. Other consultants: Program service expenses 898,463. Management and general expenses 90,492. Fundraising expenses 350,503. Total expenses 1,339,458. Momentum Experience Israel 4 Weizmann St Tel Aviv IS 515418374 Empower women to change the world through Jewish values IS 501(c)(3) Foreign charity Momentum Unlimited Inc 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Momentum Experience Israel B 771743 Fair Value