Made New Makerspace

Nonprofit profile at a glance

EIN
824563362
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
Omaha, NE, USA
Phone
4027399546
Rating
54
Verdict
MIXED
Rating confidence
Moderate
Sector
Youth Community Service Clubs

Official website

Reported finances

Revenue
$64,125
Expenses
$63,644
Assets
$30,850
Liabilities
$0

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

Leadership & pay

6 people listed

Executive titles in this filing

  • JIM CLEMENTS (EXECUTIVE DIRECTOR)
  • ERIC KAPLAN (BOARD PRESIDENT)
  • RYAN COHAGAN (BOARD VICE-PRESIDENT)

People named in this filing

  • JIM CLEMENTS (EXECUTIVE DIRECTOR)
  • ERIC KAPLAN (BOARD PRESIDENT)
  • RYAN COHAGAN (BOARD VICE-PRESIDENT)

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

Empowering at-risk youth

What it reported doing in 2024

Mobile makerspace for pop up or school events - introducing children and young adults with trade skills and the means to pursue further education

Operating model

Revenue model
Donor-supported. 84% of the money available for current operations came from contributions and gifts.
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: 18
  • Transparency & Controls: 100
  • Sustainability: 40
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 17.9%; rating input score 18
  • Program expense ratio: 18.1%; rating input score 18

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: 0.8%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 0.48; rating input score 29; 29th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 7.5%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: -42.9% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: 7.2% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 1.9% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: 17.9% of revenue deployed · 18.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $12K in reported program spending
  • Leadership: top reported pay $0 · 6 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 18/100.
  • High — Financial Efficiency: Program expense ratio scored 18/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 47/100.
  • High — Sustainability: Total-asset coverage ratio scored 29/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.