Dallas Momentum Inc
The exclusive purpose of the corporation is to promote the economic and civic prosperity of the greater dallas, Texas community in conjunction with and in support of the charitable activities of the dallas regional chamber, a Texas nonprofit corporation, particularly to: 1. Develop business in the greater metropolitan area of dallas, Texas; and 2. Promote domestic and global marketing of the greater metropolitan area of dallas, Texas, as a business destination, all as determined by the board of directors of the corporation (the board) and which purpose shall in all events be construed exclusively for charitable purpose within the meaning of section 501(c)(6) of the irc and under the laws of the state of Texas.
Dallas Momentum Inc at a glance
In short: Dallas Momentum Inc gave $2.9M across 1 grant in 2024 (avg $2.9M), mostly in Texas. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $2,910,000
- +1.7% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $2,910,000
- +1.7% vs 2023
- Median grant
- $2,910,000
- Total assets
- $213,892
- +20.3% vs 2023
- Primary geography
- Texas (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Dallas Momentum Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Dallas Regional Chamber ($2.9M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Dallas Momentum Inc gives
- Giving grew 20% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2.4M (2021) to $3.3M (2022). In 2024 it made 1 grant totaling $2.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Dallas Regional Chamber Dallas, TX | Economic Development, Education & Workforce, Public Policy, Diversity, Inclusion & Community Engagement, Innovation & Research, Talent Strategies & Leadership, and Communications, Marketing & Event Support. | $2,910,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $213,892 | $3,217,125 | $3,191,056 | $2,910,000 | 1 | — |
| 2023 | $177,823 | $3,342,724 | $3,214,189 | $2,860,000 | 1 | — |
| 2022 | $334,090 | $3,224,672 | $3,684,072 | $3,326,565 | 1 | — |
| 2021 | $990,867 | $3,018,552 | $2,870,504 | $2,423,446 | 1 | $32 |
| 2020 | $1,946,801 | $3,237,649 | $3,315,012 | $2,544,814 | 1 | $2,631 |
About Dallas Momentum Inc
Based on IRS filings
Dallas Momentum Inc is a public charity focused on Community Improvement & Capacity Building, based in Dallas, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $214K in total assets. In 2024, it awarded 1 grant totaling $2.9M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Dallas Momentum Inc is led by Dale A. Petroskey, President on every filing since 2020; none of the 7 officers listed in 2024 report compensation.
Officers on the 2024 filing
Dale A. Petroskey
President
On filings since 2020
1 hr/week
No compensation reported
Cynt Marshall
Drc Chair
Drc Chair Elect → Drc Chair, 2024
On filings since 2023
1 hr/week
No compensation reported
Angela Farley
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Mike Rosa
Vice President
On filings since 2020
1 hr/week
No compensation reported
Latosha Herron Bruff
Board Secretary
On filings since 2021
1 hr/week
No compensation reported
Rafael Lizardi
Drc Immediate Past Chair
Chair Elect → Drc Chairperson of the Board, 2023
Drc Chairperson of the Board → Drc Immediate Past Chair, 2024
On filings since 2022
1 hr/week
No compensation reported
Jim Springfield
Drc Chair-Elect
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (9)
- Former: Bob Pragada (2020–2023) — Drc Immediate Past Chair
- Former: Ray Sedey (2022–2023) — Drc Board Secretary
- Former: Latosha Herron-Bruff (2023) — Board Secretary
- Former: Michael Rosa (2023) — Vice President
- Former: Michelle Vopni (2020–2022) — Immediate Past Chair
- Former: John Olajide (2020–2021) — Immediate Past Chairperson
- Former: Kim Kesler (2021) — Drc Board Secretary
- Former: Chris Nielson (2020) — Immediate Past Chairperson
- Former: Duane Dankesreiter (2020) — Board Secretary
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Dallas Momentum Inc
How much does Dallas Momentum Inc give each year?
Dallas Momentum Inc gave $2.9M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $2.9M across 1 grant.
How large is Dallas Momentum Inc?
Dallas Momentum Inc reported $214K in total assets on its 2024 IRS Form 990. Its revenue that year was $3.2M.
What is Dallas Momentum Inc?
Dallas Momentum Inc is a public charity focused on Community Improvement & Capacity Building, based in Dallas, TX. It holds $214K in total assets as of 2024.
Where does Dallas Momentum Inc operate?
Dallas Momentum Inc has awarded grants in Texas.
What is Dallas Momentum Inc's EIN?
Dallas Momentum Inc's EIN (Employer Identification Number) is 75-2940683. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS September 28, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 1, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 6, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Dallas Momentum Inc funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Dallas Momentum Inc's focus areas in our free grants database
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