Tinkermill
- Assets
- $1.6m
- Revenue
- $367.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Longmont, CO
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-3073831
Organization Overview
Tinkermill is located in Longmont, CO. The organization was established in 2014. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. As of 12/2021, Tinkermill employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tinkermill is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Tinkermill generated $367.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $278.8k during the year ending 12/2021. While expenses have increased by 3.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LIKE-MINDED PEOPLE INTERESTED IN ART, TECHNOLOGY, SCIENCE AND BUSINESS CAN COLLABORATE ON CREATIVE PROJECTS, SHARE TOOLS, LEARN, TEACH, MAKE THINGS, PROTOTYPE NEW IDEAS, PRODUCTS AND SERVICES, START VENTURES, MEET NEW PEOPLE AND SHARE KNOWLEDGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCED PROTOTYPING MANUFACTURING FACILITY - TINKERMILL PROVIDES AN INDUSTRIAL FACILITY WHICH INCLUDES TOOLS, EQUIPMENT, AND MATERIALS FOR EMERGING ADVANCED INDUSTRY BUSINESS ENTREPRENEURS, STEAM STUDENTS, AND MEMBERS OF THE PUBLIC TO EXPLORE CREATIVE, SCIENTIFIC, EDUCATIONAL, AND ENTREPRENEURIAL PROJECTS AND IDEAS. THE CAPABILITIES OF THIS FACILITY INCLUDE FULL CNC METALWORKING, PROFESSIONAL WOODWORKING, ELECTRONICS AND ELECTRICAL DESIGN, SOFTWARE, METALCASTING, CERAMICS, 3D PRINTING, LASER CUTTING, AND A FULL RANGE OF WELDING. BY PROVIDING THIS FACILITY, TINKERMILL HAS GROWN A COMMUNITY OF CAREER PROFESSIONALS FROM EXISTING ADVANCED INDUSTRY IN THE GREATER LONGMONT AND BOULDER AREAS.
CREATIVE EDUCATIONAL WORKSHOPS - TINKERMILL OFFERS EDUCATIONAL WORKSHOPS TO ANYONE WHO IS INTERESTED IN THE FIELDS OF SCIENCE, TECHNOLOGY, ENGINEERING, ART AND MATH (OR STEAM). THE PROGRAM FOSTERS CREATIVITY AND ENCOURAGES CREATION OF NEW PRODUCTS AND TOOLS. ACTIVITIES INCLUDE EDUCATION AND INSTRUCTION ON PROTOTYPE DEVELOPMENT AND CREATION, AS WELL AS BASIC ELECTRONICS, ROBOTICS, PROGRAMMING, AND MORE. WE ALSO PROVIDE ACCESS TO WOODWORKING AND METALWORKING TOOLS FOR PROTOTYPE CREATION. EACH WORKSHOP IS DEDICATED TO A CERTAIN SKILL SET BASED ON COMMUNITY INTEREST AND NEED. TINKERMILL HOLDS APPROXIMATELY 100 WORKSHOPS AND EVENTS EACH MONTH SERVING OVER 1,800 MEMBERS OF THE COMMUNITY. THE WORKSHOPS TYPICALLY LAST BETWEEN ONE AND TWO HOURS AND ARE TYPICALLY LED BY VOLUNTEERS WHO ARE PROFESSIONALS IN THEIR FIELD WITH THE GOAL TO SHARE THEIR KNOWLEDGE AND SKILLS. OUR WORKSHOPS ARE OPEN TO YOUTH AND ADULTS AND ARE HELD IN OUR FACILITY. CLASSES ARE AVAILABLE AT EXTREMELY LOW-COST OR ARE FREE OF CHARGE AND WE PUBLICIZE OUR EVENTS THROUGH SCHOOLS, COLLEGES, CHURCHES, AND COMMUNITY CENTERS. OUR FACILITY IS OPEN 7 DAYS A WEEK AND ANYONE WITH THE APPROPRIATE SAFETY TRAINING CAN COME IN AND USE OUR FACILITY AND MOST OF OUR TOOL EQUIPMENT FREE OF CHARGE. WE CONTINUE TO ACQUIRE POWER TOOLS, HAND TOOLS, MACHINERY, COMPUTERS, AND CUTTING-EDGE SOFTWARE WHICH INTRODUCES NEW TECHNOLOGY TO THE COMMUNITY, AND ENCOURAGES EDUCATION, EXPERIMENTATION, AND COLLABORATION.
ECONOMIC DEVELOPMENT - THE COMMUNITY OF ADVANCED INDUSTRY PROFESSIONALS THAT HAS DEVELOPED AT TINKERMILL ENSURE ACCESSIBLE TECHNICAL AND COMMERCIAL EXPERTISE FOR EARLY-STAGE ENTREPRENEURS AND PROVIDES A CONNECTION TO INDIVIDUAL AND GROUP INVESTORS. IN PARTNERSHIP WITH THE LONGMONT COMMUNITY FOUNDATION, TINKERMILL HAS CREATED THE LONGMONT IGNITE PROGRAM PROVIDING EARLY-STAGE GRANT FUNDING TO INNOVATE STARTUP BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Stechulte President | OfficerTrustee | 5 | $0 |
Todd Franks Past Treasurer | OfficerTrustee | 5 | $0 |
Crystal Hinds Secretary | OfficerTrustee | 5 | $0 |
Jeff Moore Interim Ed | Trustee | 5 | $0 |
Erik Akia Director | Trustee | 5 | $0 |
Tyler Dow Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $221,136 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,565 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,829 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $270,530 |
| Total Program Service Revenue | $47,531 |
| Investment income | $285 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $34,008 |
| Net Gain/Loss on Asset Sales | $2,336 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $367,926 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $79 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,656 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,722 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,339 |
| Fees for services: Accounting | $14,839 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $518 |
| Office expenses | $1,124 |
| Information technology | $3,907 |
| Royalties | $0 |
| Occupancy | $55,934 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $57,526 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,092 |
| Insurance | $5,686 |
| All other expenses | $4,960 |
| Total functional expenses | $278,763 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,481 |
| Savings and temporary cash investments | $58,236 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,512 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,381,368 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $353 |
| Other assets | $871 |
| Total assets | $1,557,821 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,176,651 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $37,871 |
| Total liabilities | $1,214,522 |
| Net assets without donor restrictions | $343,299 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,557,821 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tinkermill has recieved totaling $354.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $354 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Interstate Commission For Higher Education Boulder, CO | $21,671,158 | $19,186,814 |
Nata Board Of Certification Inc Omaha, NE | $23,217,793 | $6,438,062 |
Kansas Livestock Foundation Topeka, KS | $863,927 | $1,452,734 |
Alliance For Innovation Inc Evergreen, CO | $120,507 | $774,446 |
Idea Wild Fort Collins, CO | $479,254 | $588,780 |
Center For Technology Research And Commercialization Colorado Springs, CO | $55,148 | $416,014 |
Institute For The Study Of Advanced Development Inc Westminster, CO | $162,341 | $381,000 |
International Society Of Exposure Science Roeland Park, KS | $404,033 | $324,267 |
Tinkermill Longmont, CO | $1,557,821 | $367,926 |
Thrive-Wise Lafayette, CO | $198,014 | $0 |
Hydropower Foundation Inc Littleton, CO | $219,803 | $169,296 |
Nebraska Institute Of Forensic Sciences Inc Lincoln, NE | $8,757 | $253,050 |