MOMENTUM DANCE ENSEMBLE

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Phone

2062421239

Tax Period

2024-01-01 to 2024-12-31

MOMENTUM DANCE ENSEMBLE, founded in 2010, is a small nonprofit in the Youth Development sector that reported $824K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE PROFESSIONAL DANCE INSTRUCTION IN A CARING AND NURTURING ENVIRONMENT TO STUDENTS OF ALL AGES.

Program Service Accomplishments

Program 1

Expenses: $656,637 Revenue: $763,053

Momentum Dance Academy provides performing arts education to approximately 250350 students annually, serving children, youth, and adults. Instruction includes classical ballet (creative movement...

Momentum Dance Academy provides performing arts education to approximately 250350 students annually, serving children, youth, and adults. Instruction includes classical ballet (creative movement through advanced levels), jazz, tap, hip-hop, contemporary, Irish dance, and tumbling, promoting technical skill, artistic expression, and physical wellness. The Academy produces 56 public performances each year, including full-length ballets and seasonal showcases, providing students with stage experience and expanding community access to the arts. The organization provides financial aid assistance to 2030 students annually to reduce the financial barrier of attending classes.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $41,337

Program Service Revenue $763,053

Investment Income $0

Other Revenue $19,335

TOTAL REVENUE $823,725

Expense Breakdown

Grants Paid $0

Salaries & Benefits $328,978

Fundraising Expenses $38,626

Program Expenses $656,637

Other Expenses $532,786

TOTAL EXPENSES $861,764

Year-over-Year Comparison

	2024	2023	Change
Revenue	$823,725	$726,164	+0.1%
Expenses	$861,764	$741,642	+0.2%
Net Income	$-38,039	$-15,478	+1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$89,249

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rachael Forstrom	President	50.00	Officer	$61,249	$0	$61,249
Cynthia Dampier	Treasurer	28.00	Officer	$28,000	$0	$28,000
Alisa Murray	Member	10.00	Director	$0	$0	$0
Satavy Ear	Volunteer Coord	10.00	Director	$0	$0	$0
Bernard Koontz	Vice President	10.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$823,725	$861,764	$87,986	$-38,039
2023	$702,874	$741,642	$94,760	$-38,768
2022	$646,574	$802,942	$142,281	$-156,368
2021	$531,772	$494,542	$197,229	$37,230
2020	$343,247	$416,969	$124,955	$-73,722
2019	$486,508	$471,141	$46,227	$15,367
2018	$477,123	$557,195	$27,836	$-80,072