Moment Foundation

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

Grant Korgan

Tax Period

2024-01-01 to 2024-12-31

Moment Foundation, founded in 2021, is a small nonprofit in the Mental Health sector that reported $485K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring.

Mission

The Foundation serves to lift people up! It seeks to positively impact individuals who have been through life challenges, to gain a renewed perspective via the experience of aviation and create inspirational media content which illuminates the magic of empowering storytelling.

Program Service Accomplishments

Program 1

Expenses: $208,573

In 2024, our airplane was temporarily grounded due to significant engine repairs, which were necessary to ensure saftely and long-term mission readiness. Despite the down time, the Moment Foundation provided life-changing flights for 59 people, including veterans, individuals facing life-altering injuries or illness, first responders, and animals in need.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $484,573

Program Service Revenue $0

Investment Income $767

Other Revenue $0

TOTAL REVENUE $485,340

Expense Breakdown

Grants Paid $0

Salaries & Benefits $48,000

Fundraising Expenses $289,524

Program Expenses $208,573

Other Expenses $453,581

TOTAL EXPENSES $501,581

Year-over-Year Comparison

	2024	2023	Change
Revenue	$485,340	$678,572	-0.3%
Expenses	$501,581	$275,415	+0.8%
Net Income	$-16,241	$403,157	-1.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$48,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Grant Korgan	Executive Director	Officer	$48,000	$0	$48,000
Kim Anastassatos	Vice Chair	Officer	$0	$0	$0
Jeffrey Allard	Treasurer	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	$485,340	$501,581	$693,664	$-16,241
2023	$678,572	$275,415	$709,905	$403,157
2022	$360,989	$54,296	$306,748	$306,693