Gaithersburg, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)EDUCATE LANKA FOUNDATION INC, founded in 2007, is a small nonprofit in the Education sector that reported $100K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $261K exceeded revenue, resulting in a 161% operating deficit.
With a firm belief and realization that while talent is universal, opportunity is not, Educate Lanka envisions a world in which opportunities are universal for everyone. It strides towards its vision of democratizing opportunity and unearthing talent and potential of every student by creating a pathway of opportunities that empowers the socioeconomically marginalized with enhanced access to quality and equitable schooling, learning, and employment. Educate Lanka accomplishes these goals through long-term micro-scholarship funding for the marginalized and complementary learning opportunities and exposure through project-based skills and professional development programs.
Micro-scholarship funding to high-potential children and youth from socioeconomically marginalized backgrounds in Sri Lanka (Educate Lanka Scholars).
Social emotional learning skills and professional development training programs for the socioeconomically marginalized students in Sri Lanka (Educate Lanka Scholars).
Overall direct program servicing activities and portion of administrative efforts in advancing the organization's core mission of providing access to equitable and inclusive learning opportunities...
Overall direct program servicing activities and portion of administrative efforts in advancing the organization's core mission of providing access to equitable and inclusive learning opportunities for the socioeconomically marginalized.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $100,193 | $133,635 | -0.3% |
| Expenses | $261,021 | $213,200 | +0.2% |
| Net Income | $-160,828 | $-79,565 | +1.0% |
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 |
|---|---|---|---|---|---|---|
| Manjula Dissanayake | Executive Director | 60 |
Director
Key Emp
Highest
|
$125,000 | $0 | $125,000 |
| Madhujith Hapuarachchi | Director | 10 |
Director
|
$0 | $0 | $0 |
| Hasika Pamunuwa | Director | 5 |
Director
|
$0 | $0 | $0 |
| Rasan Amintha | Director | 5 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $100,193 | $261,021 | $283,971 | $-160,828 |
| 2022 | $133,635 | $213,200 | $441,063 | $-79,565 |
| 2021 | $79,855 | $119,267 | $526,555 | $-39,412 |
| 2020 | $599,714 | $87,946 | $567,848 | $511,768 |
| 2018 | $83,513 | $122,610 | $33,108 | $-39,097 |
Compare EDUCATE LANKA FOUNDATION INC with other nonprofits in Maryland and across the country.