MAKE-IT SPRINGFIELD INC (EIN 824633337) - 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

ROBERTA WILMORE

Phone

4134550663

Tax Period

2023-01-01 to 2023-12-31

MAKE-IT SPRINGFIELD INC, founded in 2018, is a small nonprofit in the Human Services sector that reported $401K in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $81K, a strong 20% operating margin.

Mission

Is a community incubator and shared workshop space for local makers, creators, designers, entrepreneurs, artists, and enthusiasts to make, create, and share their skills and tools. Provides platform for community memebers of all backgrounds to lean new skills, launch creative businesses, and inspire one another.

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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 $396,830

Program Service Revenue $0

Investment Income $2

Other Revenue $4,007

TOTAL REVENUE $400,839

Expense Breakdown

Grants Paid $0

Salaries & Benefits $168,017

Fundraising Expenses $39,670

Program Expenses $244,928

Other Expenses $151,948

TOTAL EXPENSES $319,965

Year-over-Year Comparison

	2023	2022	Change
Revenue	$400,839	$271,241	+0.5%
Expenses	$319,965	$280,518	+0.1%
Net Income	$80,874	$-9,277	-9.7%

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

N/A

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
MICHAEL DIPASQUALE	PRESIDENT	004.00	Officer Director	$0	$0	$0
LAURA MASULIS	TREASURER	002.00	Officer Director	$0	$0	$0
MARIA CANALES	MEMBER	001.00	Director	$0	$0	$0
GILLIAN HINKSON	MEMBER	001.00	Director	$0	$0	$0
NANCY URBSCHAT	MEMBER	002.00	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	$400,839	$319,965	$440,275	$80,874
2022	$271,241	$280,518	$359,401	$-9,277
2021	$303,512	$185,476	$378,639	$118,036
2019	$202,819	$28,631	$192,149	$174,188

MAKE-IT SPRINGFIELD INC