Sunnyvale, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
Makerspace: We operate a 28,000 sq. ft. multi-media workshop with 3D printers, laser cutters, an extensive woodshop, home and industrial textile equipment, an electronics lab, a metal shop, welding...
Makerspace: We operate a 28,000 sq. ft. multi-media workshop with 3D printers, laser cutters, an extensive woodshop, home and industrial textile equipment, an electronics lab, a metal shop, welding facilities, classrooms, and meeting space. Our experienced staff maintains the machines in excellent working order and are always available to lend a hand or provide advice on how to effectively use a tool. Maker Nexus members pay a monthly or annual fee for access to all the makerspace tools and equipment for their own projects. By the end of 2023, our membership had increased to 428. We also provide training to members and non-members alike through skill-builing sessions, project-oriented workshops, and enrichment programs that emphasize inquiry and problem-based learning methods used in the creative process. Maker Nexus offered 114 different skill-building and enrichment sessions in 2023. Sessions ranged from instruction on basic operations and safety for equipment to projects involving design and prototyping. During the year, we delivered sessions with 3,166 total enrollments.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
Compare MAKER NEXUS with other nonprofits in California and across the country.