Makespace Foundation
Nonprofit profile at a glance
- EIN
- 852386586
- IRS 990 coverage
- 2020–2020
- Forms available
- Form 990 2020
- Location
- San Francisco, CA, USA
- Phone
- 5106711748
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Engineering and Technology
Reported finances
- Revenue
- $310,210
- Expenses
- $12,500
- Assets
- $297,710
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- MAY-LI KHOE (CEO)
People named in this filing
- MAY-LI KHOE (CEO)
- AZA RASKIN (SECRETARY)
- TZE-WEI HSU (CFO)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to build collective capacity, culture, and community to co-create a safe, joyful, new digital infrastructure that provides long-term benefit to all people. We are a home and harbor for those who see what's broken and long to create new possibilities for a brighter digital future, together.
What it reported doing in 2020
We were founded to counter the prevalent practice of software architected to unilaterally claim private human experience as free raw material for translation into behavioral data, with our personal and group psychologies exploited for profit.we're tackling this at three levels.first, we're creating an exemplar collaborative platform, which has already blown open the collective imagination of what's possible for online digital interaction. Most modern operating systems are still designed for the 20th century with solo, isolated users by contrast, makespace is a collaborative operating system, designed from the ground up to fit the ergonomics of individual thought, cooperating groups, and diverse communities.second, we're designing our organization in a way that aligns our incentives to ensure our spaces remain safe, ethical, inclusive, and beneficial to people for years to come. We're building, measuring, and becoming financially sustainable without collecting and selling your data for profit. We're part of the growing movement of founders looking to create a long-term asset that benefits their communities co-owned, co-governed, and accountable.third, we're sharing the methods and materials we're using along the way, making spaces for others to share theirs too, and eventually, the means for more creators to start their own efforts.
Operating model
- Revenue model
- Donor-supported. 100% 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 36
- Transparency & Controls: 92
- Accountability: 70
- Sustainability: 93
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 4%; rating input score 4
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 96%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 23.82; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 85; 85th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 72; 72nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 4% of revenue deployed · 100% of spending went to programs
- Governance: 3 of 3 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $12K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 11 of 11 current checks pass
- Schedules: 3 filed schedules · includes major donors
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 4/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
- Review — Grant Readiness: California registration: this organization could not be resolved against the register, so the check is unfinished.