Public Charity

Momentum Education

Momentum Education, of Houston, TX, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.2M in revenue, $392K in expenses, $2.0M in total assets. 20 publicly reported grants to this organization, totaling roughly $1.0M, appear in IRS filings.

EIN: 844102530 Houston, TX Latest filing: 2025
Total Revenue$1.2M
Total Expenses$392K
Total Assets$2.0M
Grant Records20
Funding Total$1.0M
Filing Years2021–2025

Mission

The mission of Momentum Education is to provide academic, career, and financial support to help students from low-income families earn a post-secondary education and secure a job with a living wage.

Officers & Directors

Treasurer Al Wagner
Board Member Chris Weekley
Board member Kelly Koster
Secretary Kirby Swartz
Executive Director Raj Salhotra
President Somir Paul

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$606,467 7 grants
EDUCATIONAL
$257,942 6 grants
MARKETPLACE GRANT
$50,000 1 grant
Workforce Development & Safety Training
$40,000 1 grant
EDUCATION
$23,500 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.2M $392K $2.0M
2024 $535K $308K $1.2M
2023 $651K $328K $734K
2022 $435K $246K $410K
2021 $325K $183K $219K

Between 2021 and 2025, reported annual revenue grew from $325K to $1.2M (+264%), with total assets most recently reported at $2.0M.

Interactive year-over-year charts and full filing details available with membership.

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