STAUNTON MAKERSPACE INC (EIN 825313151) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

CHARLES A HERRON

Tax Period

2024-01-01 to 2024-12-31

STAUNTON MAKERSPACE INC, founded in 2018, is a micro nonprofit in the Education sector that reported $45K in total revenue in fiscal year 2019. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $57K exceeded revenue, resulting in a 27% operating deficit.

Mission

PROVIDES ART AND STEM EDUCATION TO GENERAL PUBLIC IN VIRGINIA - STAUNTON AND SURROUNDING COMMUNITIES

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $59,075

Program Service Revenue $1,516

Investment Income $132

Other Revenue $100

TOTAL REVENUE $60,823

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $2,832

Program Expenses $64,771

Other Expenses $72,605

TOTAL EXPENSES $72,605

Year-over-Year Comparison

	2024	2023	Change
Revenue	$60,823	$63,240	0.0%
Expenses	$72,605	$54,490	+0.3%
Net Income	$-11,782	$8,750	-2.3%

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

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
JIM KLAWON	PRESIDENT	002.00	Officer Director	$0	$0	$0
AARON CHENEY	VICE PRESIDENT	002.00	Officer Director	$0	$0	$0
ALEX HERRON	TREASURER	002.00	Officer Director	$0	$0	$0
SEAN PSUJEK	SECRETARY	002.00	Officer Director	$0	$0	$0
DAN FUNK	MEMBER EMERITUS	002.00	Director	$0	$0	$0
RICK HUBBARD	MEMBER EMERITUS	002.00	Director	$0	$0	$0
NELSON PATTERSON	MEMBER EMERITUS	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	$60,823	$72,605	$371,418	$-11,782
2023	$63,240	$54,490	$385,000	$8,750
2022	$60,099	$55,660	$378,050	$4,439
2021	$44,019	$44,975	$377,211	$-956
2020	$48,353	$44,722	$381,767	$3,631
2019	$44,765	$56,846	$381,736	$-12,081

STAUNTON MAKERSPACE INC