Minga Education Group
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,305,559 | 1,307,165 | −1,606 | 0.1 | 3% |
| 2020 | 1,236,838 | 1,488,896 | −252,058 | -2.0 | 6% |
| 2021 | 2,786,404 | 2,510,029 | 276,375 | 0.1 | 6% |
| 2022 | 3,961,328 | 3,928,573 | 32,755 | 0.2 | 5% |
| 2023 | 5,194,264 | 5,063,989 | 130,275 | 0.5 | 80% |
In its most recent public year (2023), this organization brought in $130,275 more than it spent. Its reserves stood at about 0.5 months of spending. Staff pay was 80% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Minga Education Group's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works