J โ€” EmploymentEIN: 861588522ยท 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

๐Ÿ’ฐ
$6.5M
Total Revenue
๐Ÿ“Š
$6.5M
Total Expenses
๐Ÿฆ
-$377K
Net Assets
๐Ÿ“‹
$2.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+24.3%
Year-over-year change (2022 โ†’ 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$6,490,236โ†‘24%$6,503,828โ†‘9%$1,911,830โ†‘26%
2022$5,220,436โ†‘36%$5,975,852โ†‘733%$1,517,073โ†‘210%
2021$3,837,269$717,012$489,792

Frequently Asked Questions

What does Mitags Inc do?โ–ผ

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?โ–ผ

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?โ–ผ

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

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Mitags Inc โ€” Linthicum Hts, MD | GiveScope