2023-11-14T10:22:39-06:00 2022-12-31 752514681 MARIE V KELLY PLLC 2333 BEATRICE STREET DALLAS TX 75208 990 2022-01-01 842723840 MOMENTUM ADVISORY COLLECTIVE MOME 2143031234 1510 PACIFIC AVE DALLAS TX 75201 CHAD HOUSER CEO 2143031234 2023-11-08 1 CHAD HOUSER 999009999 0 MARIE V KELLY P00167388 4698570011 2023-11-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHAD HOUSER 2929 CARLISLE ST SUITE 220 DALLAS TX 75204 2748641 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 THESE ARTICLES OF INCORPORATION, INCLUDING THE EXERCISE OF ALL OTHER POWER. 7 7 10 0 0 0 1693416 2748641 0 0 0 0 0 0 1693416 2748641 0 0 0 0 864921 1257171 0 0 155237 543738 688061 1408659 1945232 284757 803409 1488038 1712477 635258 56288 852780 1656189 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 1541877 2748641 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. 1541877 1 1 0 0 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 10 0 0 0 0 0 0 0 0 0 0 0 X 7 7 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 AVENUE DALLAS TX 75201 CHAD HOUSER CEO 25.00 X X 0 0 0 MARGARET REID WINDHAM CHIEF DEVELOPMENT OFFICER 15.00 X X 0 0 0 ALEXANDRA OSTROW COO 40.00 X X 0 0 0 JIM F ANDERSON VICE CHAIR 1.00 X X 0 0 0 JOHN HASLEY SECRETARY 1.00 X X 0 0 0 HEIDI MUELLER TREASURER 1.00 X X 0 0 0 GARETH HALL BOARD OF DIRECTORS 1.00 X 0 0 0 CHARISSE SMITH BOARD OF DIRECTORS 1.00 X 0 0 0 R NELSON WILLIAMS BOARD OF DIRECTORS 1.00 X 0 0 0 OLIVIA COLE CHIEF DEVELOPMENT OFFICER 40.00 X X 180950 0 0 CHENG LIM BOARD OF DIRECTORS 1.00 X 0 0 0 180950 0 0 1 0 1 0 0 2748641 2748641 2748641 0 0 0 180950 145226 18165 17559 950340 762717 95403 92220 50268 40344 5046 4878 75613 60685 7591 7337 67871 65068 2803 77103 67136 9743 224 2547 2044 256 247 CONTRACT LABOR 213874 171650 21470 20754 PROFESSIONAL FEES 101942 60550 41392 NEW LOCATION 88262 88262 MEALS 47905 45608 1723 574 88557 32587 47329 8641 1945232 1541877 248118 155237 978893 1158986 506146 507382 2999 495 0 45614 1488038 1712477 61412 46222 573846 10066 635258 56288 X 852780 817887 838302 852780 1656189 1488038 1712477 803409 0 X 0 1 X 1 0 X 100000 613416 1248641 1962057 100000 613416 1248641 1962057 100000 595000 100000 795000 0 100000 595000 100000 795000 1167057 100000 613416 1248641 1962057 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 DUE TO AFFILIATE 10066 10066 2754416 5775 5775 2748641 0 2748641 1951007 5775 5775 1945232 0 1945232 0 0 0 0 0 0 0 0 0 OLIVIA COLE CHIEF DEVELOPMENT OFFICER 180950 0 0 0 0 0 0 0 0 0 180950 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A LINE 1A EXPLANATION - THE MISSION OF THE CORPORATION SHALL BE PROVIDING ADVOCACY, PROGRAMMATIC TRAINING, AND SUPPORT FOR AT-RISK YOUTH TO ACHIEVE THEIR GREATEST POTENTIAL, BUILDING UPON THE TRIED AND TRUE METHODS OF 501(C)(3) ORGANIZATION CAF 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; AND B. 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 THESE ARTICLES OF INCORPORATION, INCLUDING THE EXERCISE OF ALL OTHER POWER FORM 990, PART VI, SECTION B, LINE 11B LINE 11 EXPLANATION NOT AVAILABLE FORM 990, PART VI, SECTION B, LINE 12C PERIODIC REVIEWS 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 MORE ADVANTAGEOUS TRANSACTION 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. 4. VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY. (A) IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE AN INTERESTED PERSON HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE INTERESTED PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD THE INTERESTED PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. (B) IF, AFTER HEARING THE INTERESTED PERSON'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DOCUSIGN ENVELOPE ID: A180F260-1443-41F6-82E9-A388315A33AB 3 DETERMINES THE INTERESTED PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. PERIODIC REVIEWS 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 CONFLICT OF INTEREST POLICY THE PURPOSE OF THIS CONFLICT OF INTEREST POLICY (THIS "CONFLICT POLICY") IS TO PROTECT THE INTERESTS OF MOMENTUM ADVISORY COLLECTIVE, A TEXAS NONPROFIT CORPORATION (THE "CORPORATION") WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF THE CORPORATION OR OTHER INTERESTED PERSON (AS DEFINED BELOW) OR MIGHT RESULT IN A POSSIBLE EXCESS BENEFIT TRANSACTION UNDER FEDERAL TAX LAWS AND REGULATIONS. THIS CONFLICT POLICY IS INTENDED TO SUPPLEMENT BUT NOT REPLACE ANY APPLICABLE STATE AND FEDERAL LAWS GOVERNING CONFLICT OF INTEREST APPLICABLE TO NONPROFIT AND CHARITABLE ORGANIZATIONS. CAFE MOMENTUM 1510 PACIFIC AVENUE DALLAS TX 75201 320384561 RESTAURANT AND TRAINING FOR AT-RISK YOUTH TX 501(C)(3) LINE 10 0 CAFE MOMENTUM NASHVILLE 251 LITTLE FALLS DR WILMINGTON DE 19808 871425137 RESTAURANT AND TRAINING FOR AT-RISK YOUTH DE 501(C)(3) LINE 10 0 CAFE MOMENTUM PITTSBURGH 268 FORBES AVE PITTSBURGH PA 15222 871377028 RESTAURANT AND TRAINING FOR AT-RISK YOUTH PA 501(C)(3) LINE 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 CAFE MOMENTUM P 137901 CASH