MALENGO INC

EIN: 874081681 501(c)(3) Education

DOVER, DE

Total Revenue
$1,070,648
Total Expenses
$2,537,143
Total Assets
$3,490,934
Net Assets
$-521,797
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
DE
Principal Officer
JOHANNES HAUSHOFER
Phone
6173601605
Tax Period
2023-01-01 to 2023-12-31

MALENGO INC, founded in 2021, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $2.5M exceeded revenue, resulting in a 137% operating deficit.

Mission

TO FACILITATE INTERNATIONAL EDUCATIONAL MIGRATION IN PURSUIT OF POVERTY ALLEVIATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,057,677
Program Service Revenue $0
Investment Income $12,971
Other Revenue $0
TOTAL REVENUE $1,070,648

Expense Breakdown

Grants Paid $1,031,812
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,681,558
Other Expenses $1,505,331
TOTAL EXPENSES $2,537,143

Year-over-Year Comparison

2023 2022 Change
Revenue $1,070,648 $1,276,168 -0.2%
Expenses $2,537,143 $331,470 +6.7%
Net Income $-1,466,495 $944,698 -2.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHANNES HAUSHOFER CEO, CHAIR OF THE BOARD & TREASURER 8.00
Officer Director
$0 $0 $0
MERVE DEMIREL SECRETARY 2.00
Officer Director
$0 $0 $0
MARCELLO PEREZ-ALVAREZ BOARD DIRECTOR 2.00
Director
$0 $0 $0
JESSICA HARRISON FULLERTON COO 8.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,070,648 $2,537,143 $3,490,934 $-1,466,495
2022 $1,276,168 $331,470 $944,698 $944,698
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