SAD BEE INC (Dba Hive13)
Nonprofit profile at a glance
- EIN
- 270353686
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2019
- Location
- Cincinnati, OH, USA
- Phone
- 5139094483
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Service Clubs
Reported finances
- Revenue
- $142,178
- Expenses
- $114,453
- Assets
- $166,884
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Chris Davis (President)
People named in this filing
- Chris Davis (President)
- Caiden Riggers (Chief Membership Officer)
- Vincent Linz (Secretary)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
SAD BEE INC (d.b.a. Hive13) is a Maker Space. We are an all-volunteer organization, organized exclusively for charitable, educational, and scientific purposes within the meaning of Section 501(c)3 of the Internal Revenue Code, or the corresponding section of any future federal tax code. We provide a physical shop with tools where people with diverse interests (such as science, technology, digital, mechanical, and electrical art) can meet to socialize and collaborate. We are an open community where people of diverse backgrounds can share knowledge and resources to learn and make things.
What it reported doing in 2025
In the prior year 2024 we increased our leased space from 11,500 sq.ft. to 17,500 sq.ft. During 2025, by member vote, we implemented improvements in the expanded space. This included new interior walls, new electrical services, and related expenses. We made additional improvements with new dust collection in our woodshop, a new flammables cabinet, and equipment upgrades in our machininig, welding, pottery, and hot craft shops. These improvements total [$47,620] for this second program service expense and are 42% of our total expense for 2025.
Operating model
- Revenue model
- Membership-supported. 94% 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
SUPPORTED - The filed numbers largely add up and program spending 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: 47
- Transparency & Controls: 82
- Sustainability: 70
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 44.4%; rating input score 44
- Program expense ratio: 53%; rating input score 53
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 19.5%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 1.46; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 19.2% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 16.6% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 35.2% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 44.4% of revenue deployed · 53% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $61K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2021 to 2025
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
- Review — Financial Efficiency: Program expense ratio scored 53/100.