Machik Corp FY2021 filing
Empowers Tibetans through community initiatives, gender equity, and innovative solutions for a stronger future. For fiscal year 2021 it reported $220K in revenue, $241K in expenses, and $1.0M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Education
- Location
- Washington, DC
- Website
- machik.org
- Filings
- 5 on file (2020–2021)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Losang Rabgey’s $65K as President/ Treasurer is at the 57th percentile of top reported officer pay among 1615 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Losang Rabgey | $64,900 | $67,397 | $64,900 | $66,204 | $59,454 |
| Tashi Rabgey | — | — | — | — | $10,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
Civic engagement program--machik continued to grow public education to a broad community of tibetans, chinese and americans about the vital importance of engagement for tibet through a number of innovative initiatives such as machik fest, machik khabda, machk kora, and machik global commencement.
Governance program--we continued to partner with gwu on governance as it relates to research, education and social innovation in tibet as this affects our programs with the tibet govlab. This program continued research to create more understanding of tibetan innovation, community needs and possible ways forward.
Social innovation program--machik first innovated the effort to specifically identify and support social innovators in tibet. We continued to support them by working to connect tibetan innovators to new networks and to global institutions.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 88% | — | — |
| Overhead ratio | 6% | — | — |
| Fundraising cost ratio | 7% | — | — |
| Revenue growth | 70% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0.08% | — | — |
| Accounting fee ratio | 8% | — | — |
| Fundraising fee ratio | 0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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