LAS VEGAS, NV
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MIRACLE FLIGHTS, founded in 1985, is a community nonprofit that reported $7.1M in total revenue in fiscal year 2024. Revenue surged 98% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.7M, a strong 39% operating margin.
MIRACLE FLIGHTS IS A NATIONAL CHARITY THAT PROVIDES FREE COMMERCIAL AIRLINE TICKETS FOR U.S. RESIDENTS IN NEED FOR DISTANT MEDICAL CARE NOT AVAILABLE IN THEIR OWN COMMUNITIES. OUR ORGANIZATION WAS FOUNDED IN 1985 ON THE BELIEF THAT NO CHILD SHOULD BE DENIED ACCESS TO THE LIFE CHANGING HEALTH CARE THEY NEED BECAUSE OF DISTANCE. SINCE THEN, WE'VE PROVIDED MORE THAN 137,363 FREE FLIGHTS TO PATIENTS WHOSE MEDICAL CONDITIONS ARE TREATED ONLY BY A HANDFUL OF EXPERTS LOCATED ACROSS THE COUNTRY, MAKING MEDICAL TRAVEL A NECESSITY. UNFORTUNATELY, THE NEED FOR OUR SERVICE GROWS WITH EACH PASSING YEAR. EVERY 30 SECONDS, A CHILD IS DIAGNOSED WITH A SERIOUS ILLNESS OR INJURY AND THERE ARE OVER 20,000 KNOWN RARE DISEASES. WE HELP TREAT ALL DISEASES FOR PATIENTS OF EVERY AGE. SIMPLY PUT, WE'LL FLY ANYONE WITH A COMPLEX MEDICAL NEED WHO REQUIRES DISTANT MEDICAL CARE AS MANY TIMES NEEDED.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $7,128,579 | $3,602,247 | +1.0% |
| Expenses | $4,382,867 | $5,541,716 | -0.2% |
| Net Income | $2,745,712 | $-1,939,469 | -2.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHRISTOPHER KHORSANDI | CHAIRMAN | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| JESSICA CONNELL | BOARD MEMBER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOEL JARVIS | BOARD MEMBER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| LINDA DOHNAL | VP- MARKETING | 40.00 |
Officer
|
$0 | $0 | $0 |
| REBECCA BOYCE | DIRECTOR OF FLIGHTS | 40.00 |
Officer
|
$0 | $0 | $0 |
| ANNE MCGEE | FORMER OFFICER | 40.00 |
Officer
|
$331,399 | $0 | $331,399 |
| MARK BROWN | CEO | 50.00 |
Key Emp
|
$324,054 | $288,500 | $693,628 |
| ILDA V MARQUEZ-MORENO | DIR. OF OPERATIONS | 40.00 |
Highest
|
$123,142 | $0 | $123,142 |
| ROBERT SANCHEZ | VP-CORP. | 40.00 |
Highest
|
$157,866 | $0 | $157,866 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $7,128,579 | $4,382,867 | $52,284,905 | $2,745,712 |
| 2024 | $3,602,247 | $5,541,716 | $48,573,242 | $-1,939,469 |
| 2023 | $3,587,080 | $5,807,738 | $46,405,459 | $-2,220,658 |
| 2022 | $3,033,311 | $3,879,693 | $47,631,484 | $-846,382 |
| 2021 | $10,948,311 | $3,590,001 | $47,697,826 | $7,358,310 |
| 2020 | $-744,451 | $3,604,582 | $39,430,028 | $-4,349,033 |
| 2019 | $2,878,220 | $3,743,051 | $43,499,727 | $-864,831 |
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