MAKER NEXUS (EIN 823925333) - 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

2018

Legal Domicile

Principal Officer

Kelly Yamanishi

Phone

4086852500

Tax Period

2023-01-01 to 2023-12-31

MAKER NEXUS, founded in 2018, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $1.5M left a modest 4% surplus.

Mission

Our mission is to increase the capacity of individuals in our community to make things. We provide access to tools, equipment, and knowledge for prototyping, wood and metal fabrications, textiles, electronics, laser cutting, 3D printing, and more to people of all ages.

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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 (2023)

Revenue Breakdown

Contributions & Grants $186,899

Program Service Revenue $1,394,203

Investment Income $2,489

Other Revenue $0

TOTAL REVENUE $1,583,591

Expense Breakdown

Grants Paid $3,600

Salaries & Benefits $935,033

Fundraising Expenses $424

Program Expenses $1,130,008

Other Expenses $577,595

TOTAL EXPENSES $1,516,228

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,583,591	$1,690,291	-0.1%
Expenses	$1,516,228	$1,214,001	+0.2%
Net Income	$67,363	$476,290	-0.9%

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

Volunteers

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

$91,663

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jennifer Higgins	Executive Director	40	Officer	$91,663	$0	$91,663
Craig Colvin	President	14	Director	$0	$0	$0
Cara Stoneburner	Vice President	0	Director	$0	$0	$0
Jesse Johnson	Secretary (part year)	0	Director	$0	$0	$0
Michael Randazzo	Secretary (part year)	1	Director	$0	$0	$0
Barbara Clemmensen	Treasurer	24	Director	$0	$0	$0
Ed Yeh	Director	0	Director	$0	$0	$0
Abigail Joseph	Director	0.5	Director	$0	$0	$0
Justin Leathers	Director	0	Director	$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	No data	No data	No data	No data
2023	$1,583,591	$1,516,228	$1,061,516	$67,363
2022	$1,690,291	$1,214,001	$924,134	$476,290
2021	$955,508	$890,415	$417,175	$65,093
2020	$966,382	$840,581	$381,507	$125,801

MAKER NEXUS