FORMED FOUNDATION

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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

2021

Legal Domicile

Principal Officer

Maria Kanevskaya

Phone

2027501146

Tax Period

2024-01-01 to 2024-12-31

FORMED FOUNDATION, founded in 2021, is a small nonprofit in the Civil Rights & Advocacy sector that reported $255K in total revenue in fiscal year 2024. Revenue surged 107% from the prior year, signaling strong growth momentum.

Mission

Foundation is a nationwide non-profit organization Focusing on Objectives, Resilience, Media, Education, and Development. Our mission is to support Civil society and Media initiatives worldwide. Our vision is to promote the development of a fully functioning democratic society that includes a professionally capable and influential NGO and media community.

Program Service Accomplishments

Program 1

Expenses: $256,089 Revenue: $4,277

During the reporting period, the F.O.R.M.E.D. Foundation continued to build the sustainability of (CSOs) through legal, psychological, and technical support. FF launched six subgrant initiatives...

During the reporting period, the F.O.R.M.E.D. Foundation continued to build the sustainability of (CSOs) through legal, psychological, and technical support. FF launched six subgrant initiatives, prepared and finalized the logistics for the second capacity-building training, and provided tailored coaching and legal aid to CSOs . A total of five HRDs received stress management support, and seven psychological sessions were conducted with the project team to enhance internal resilience.

Program 2

Expenses: $0 Revenue: $0

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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 $250,825

Program Service Revenue $0

Investment Income $4,277

Other Revenue $0

TOTAL REVENUE $255,102

Expense Breakdown

Grants Paid $48,000

Salaries & Benefits $33,169

Fundraising Expenses $0

Program Expenses $256,089

Other Expenses $174,920

TOTAL EXPENSES $256,089

Year-over-Year Comparison

	2024	2023	Change
Revenue	$255,102	$123,104	+1.1%
Expenses	$256,089	$9,951	+24.7%
Net Income	$-987	$113,153	-1.0%

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

N/A

Volunteers

N/A

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

Total Directors

$27,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Maria Kanevskaya	Director	40	Director	$27,500	$0	$27,500

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
2025	No data	No data	No data	No data
2024	$255,102	$256,089	$112,166	$-987
2023	$123,104	$9,951	$113,153	$113,153