Snoco Makers

Nonprofit profile at a glance

EIN
473499005
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025, Form 990-N 2023
Location
Everett, WA, USA
Phone
2064120829
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Computer Science

Official website

Reported finances

Revenue
$103,540
Expenses
$103,774
Assets
$17,024

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Terence Tam (President)

People named in this filing

  • Terence Tam (President)
  • Deborah Williams (Treasurer)
  • Dave Hearn (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

SnoCo Makerspace (Snohomish County Makers) is a group of hobbyists, entrepreneurs, artists, mad-scientists, hackers, geeks, and other technologically-savvy persons interested in creating. We are a 501(c)(3) non-profit corporation and have a local Makerspace collaborative workshop equipped with modern tools and materials for projects of all shapes, sizes and scope. Our purpose is the advancement of knowledge in Computer Science, Crafting and Maker activities for any interested parties in the Snohomish County area regardless of their ability to contribute financially. We provide workshop space and tools for use to those who could not otherwise afford them

What it reported doing in 2025

Provided tool and equipment access to community members

Operating model

Revenue model
Membership-supported. 70% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 100
  • Sustainability: 26
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.4%; rating input score 85
  • Program expense ratio: 85.2%; rating input score 85

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: -0.2%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.16; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 186% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 19.1% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: -1.4% per year; rating input score 0; 22nd percentile among comparable filings

Details

  • Where the money goes: 85.4% of revenue deployed · 85.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $88K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 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.

  • High — Sustainability: Operating margin scored 29/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • High — Growth: Asset growth scored 0/100.