DALLAS MAKERSPACE (EIN 275107244) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

JAMES HENNINGSON

Phone

2146996437

Tax Period

2024-01-01 to 2024-12-31

DALLAS MAKERSPACE, founded in 2011, is a small nonprofit in the Science & Technology sector that reported $963K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $1.2M exceeded revenue, resulting in a 29% operating deficit.

Mission

TO COLLABORATE ON INDIVIDUAL AND COMMUNITY PROJECTS THAT PROMOTE SCIENCE, TECHNOLOGY AND THE ARTS, WHILE WORKING AND EXPERIMENTING ON INNOVATIVE IDEAS TO ENCOURAGE LEARNING WITHIN THE COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,030

Program Service Revenue $934,182

Investment Income $10,727

Other Revenue $17,355

TOTAL REVENUE $963,294

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,463

Program Expenses $1,090,893

Other Expenses $1,238,687

TOTAL EXPENSES $1,238,687

Year-over-Year Comparison

	2024	2023	Change
Revenue	$963,294	$840,938	+0.1%
Expenses	$1,238,687	$949,278	+0.3%
Net Income	$-275,393	$-108,340	+1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

700

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES HENNINGSON	PRESIDENT	30	Officer Director	$0	$0	$0
KIA KHADEM	COO	30	Officer Director	$0	$0	$0
JULIE HARRIS	BOARD MEMBER	30	Director	$0	$0	$0
THOMAS FAGAN	BOARD MEMBER	30	Director	$0	$0	$0
JACK SMITH	BOARD MEMBER	30	Director	$0	$0	$0
MAX LOCKE	SECRETARY	30	Officer	$0	$0	$0
JASON HARNER	TREASURER	30	Officer	$0	$0	$0
KEVIN OLIVER	CLO	30	Officer	$0	$0	$0
JAY PHELPS	CTO	30	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$963,294	$1,238,687	$834,693	$-275,393
2023	$840,938	$949,278	$1,130,642	$-108,340
2022	$765,276	$769,080	$1,240,970	$-3,804
2021	$724,610	$910,462	$1,232,121	$-185,852
2020	$761,837	$745,504	$906,024	$16,333
2019	$1,148,456	$1,049,225	$892,463	$99,231
2018	$1,039,419	$709,461	$862,358	$329,958

DALLAS MAKERSPACE