MAKERS HUB

EIN: 844870984 501(c)(3) Employment

SAN PEDRO, CA

Total Revenue
$257,804
Total Expenses
$200,387
Total Assets
$159,218
Net Assets
$159,218
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
CA
Principal Officer
Adrianne Ferree
Phone
3104224576
Tax Period
2024-01-01 to 2024-12-31

MAKERS HUB, founded in 2021, is a small nonprofit in the Employment sector that reported $258K in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. The organization ran a surplus of $57K, a strong 22% operating margin.

Mission

The Makers Hub envisions a community makerspace & tool library that offers equal access to tools workshops equipment and resources that inspire creativity facilitate lifelong learning and provide inclusive and equitable opportunities for all.

Program Service Accomplishments

Program 1
Expenses: $161,454 Revenue: $6,208

Our Tool Library & Makerspace provide a location in Compton that houses tools and equipment available for community use during open hours. Additionally we provide workshops to residents interested in...

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Our Tool Library & Makerspace provide a location in Compton that houses tools and equipment available for community use during open hours. Additionally we provide workshops to residents interested in learning new trades or creative works.

Program 2
Expenses: $6,676 Revenue: $0

Our Makers Hub Club program provides tools and equipment to local schools to introduce students to creative and trade work. Our Career Connections speaker series is a part of the program that...

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Our Makers Hub Club program provides tools and equipment to local schools to introduce students to creative and trade work. Our Career Connections speaker series is a part of the program that introduces students to professionals in alternative career pathways that students may wish to explore.

Program 3
Expenses: $5,518 Revenue: $0

Our Community Repair Clinics introduce area residents to the circular economy model providing hands-on learning in repair skills while changing the mindset of residents to repair reuse and recycle...

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Our Community Repair Clinics introduce area residents to the circular economy model providing hands-on learning in repair skills while changing the mindset of residents to repair reuse and recycle items to retain wealth in their communities.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $247,282
Program Service Revenue $6,208
Investment Income $4,314
Other Revenue $0
TOTAL REVENUE $257,804

Expense Breakdown

Grants Paid $0
Salaries & Benefits $103,815
Fundraising Expenses $0
Program Expenses $173,648
Other Expenses $96,572
TOTAL EXPENSES $200,387

Year-over-Year Comparison

2024 2023 Change
Revenue $257,804 $163,899 +0.6%
Expenses $200,387 $69,743 +1.9%
Net Income $57,417 $94,156 -0.4%
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

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Governance

Voting Members
5
Independent Members
5
Employees
6
Volunteers
35

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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Adrianne Ferree Executive Director Board President 40.00
Officer
$0 $0 $0
Aaron Vorhees Vice President 5.00
Officer
$0 $0 $0
Keisha Godwin Secretary 5.00
Officer
$0 $0 $0
Emanuel Jiminez Treasurer 5.00
Officer
$0 $0 $0
Daniel Camin Director at Large 5.00
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 $257,804 $200,387 $159,218 $57,417
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