J — EmploymentEIN: 861588522· Ruling Year: 2021

Mitags Inc

Linthicum Hts, Maryland

CHealth Score
38C

Financial Health Score

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

Below Average

💰
$6.5M
Total Revenue
📊
$6.5M
Total Expenses
🏦
-$377K
Net Assets
📋
$2.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+24.3%
Year-over-year change (2022 → 2023)
Net Margin
-0.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.06
Net assets divided by total expenses
Liabilities-to-Assets
119.7%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$6,490,236↑24%$6,503,828↑9%$1,911,830↑26%
2022$5,220,436↑36%$5,975,852↑733%$1,517,073↑210%
2021$3,837,269$717,012$489,792

Frequently Asked Questions

What does Mitags Inc do?▼

Mitags Inc is a employment nonprofit organization based in Maryland. It is classified under NTEE code J22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mitags Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Mitags Inc has a score of 38/100 (Grade: C). 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 Mitags Inc generate?▼

Mitags Inc reports $7.2M in annual revenue and holds $2.6M in total assets, based on IRS filings.

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