B โ€” EducationEIN: 830535515ยท Ruling Year: 2020

Minga Education Group

Peyton, Colorado

B+Health Score
68B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

๐Ÿ’ฐ
$5.2M
Total Revenue
๐Ÿ“Š
$5.1M
Total Expenses
๐Ÿฆ
$194K
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+31.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+2.5%
Revenue minus expenses as % of revenue

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$5,194,264โ†‘31%$5,063,989โ†‘29%$194,000โ†‘204%
2022$3,961,328โ†‘42%$3,928,573โ†‘57%$63,725โ†‘106%
2021$2,786,404โ†‘125%$2,510,029โ†‘69%$30,970โ†‘305%
2020$1,236,838โ†“5%$1,488,896โ†‘14%$7,652โ†‘15%
2019$1,305,559$1,307,165$6,653

Frequently Asked Questions

What does Minga Education Group do?โ–ผ

Minga Education Group is a education nonprofit organization based in Colorado. It is classified under NTEE code B02 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Minga Education Group financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Minga Education Group has a score of 68/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Minga Education Group generate?โ–ผ

Minga Education Group reports $7.5M in annual revenue and holds $459K in total assets, based on IRS filings.

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Minga Education Group โ€” Peyton, CO | GiveScope