Mdyhs Inc

Organization Overview

Mdyhs Inc is located in Brooklyn, NY. The organization was established in 2014. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 08/2022, Mdyhs Inc employed 126 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mdyhs Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 08/2022, Mdyhs Inc generated $6.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $7.8m during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSIST NOT-FOR-PROFIT SCHOOLS IN MANAGING THEIR OPERATIONS AND FINANCES IN AN EFFICIENT BASIS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ASSISTING NOT-FOR-PROFIT HIGH SCHOOLS IN MANAGING THEIR OPERATIONS IN AN EFFICIENT BASIS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $480,548
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$480,548
Total Program Service Revenue$6,200,000
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,680,548

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