Akron Makerspace

Nonprofit profile at a glance

EIN
454741370
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Akron, OH, USA
Phone
3307896253
Rating
46
Verdict
MIXED
Rating confidence
Moderate
Sector
Recreational l Clubs

Official website

Reported finances

Revenue
$76,551
Expenses
$67,644
Assets
$92,004
Liabilities
$6,586

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • LINDSEY GLORIOSO HENNIS (PRESIDENT)
  • CHLOE WINGARD (OUTGOING PRESIDENT)

People named in this filing

  • LINDSEY GLORIOSO HENNIS (PRESIDENT)
  • ROBERT HASENYAGER (TREASURER)
  • JO SUGIURA (CHIEF TECHNOLOGY OFFICER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Form 990-ez part iii purpose line purporse to provide tools training and facilities for artists inventors students hobbyists and entrepreneurs to learn collaborate and create among themselves within the realm of science technology enginering arts and mathematics

What it reported doing in 2024

Ams provides training to members wanting to explore the use of tooling and equipment ams offeres classes taught mostly by volunteer instructors in 2024 over 40 classes were held providing instruction to over 100 students classes include saftey orientation woodworking metalworking ceramics 3d printing laser engraving electronics and welding

Operating model

Revenue model
Membership-supported. 83% of the money available for current operations came from membership dues.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 55
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0.1%; rating input score 0
  • Program expense ratio: 0.1%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 11.6%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 1.36; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -74.9% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: 21.4% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 13.3% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 0.1% of revenue deployed · 0.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $77 in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.