Makers Hub is located in San Pedro, CA. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Makers Hub 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 12/2023, Makers Hub generated $163.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 68.8% each year . All expenses for the organization totaled $69.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
COMPTON TOOL LIBRARY - PARTICIPATING IN VARIOUS BEAUTIFICATION AND REVITALIZATION EVENTS WHILE FINDING A FACILITY TO USE IN ORDER TO LOAN OUT TOOLS TO THE GREATER COMPTON AREA (430K). EQUIPMENT AND TOOLS ARE USED FOR HOME PROJECTS, BY ENTREPRENEURS FOR BUSINESS PURPOSES AND EDUCATION AND EMPOWERMENT OF THE COMMUNITY.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $162,780 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $893 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $226 |
Total Revenue | $163,899 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $46,018 |
Professional fees and other payments to independent contractors | $13,014 |
Occupancy, rent, utilities, and maintenance | $9,091 |
Printing, publications, postage, and shipping | $1,620 |
Other expenses | $0 |
Total expenses | $69,743 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $174,728 |
Other assets | $0 |
Total assets | $193,336 |
Total liabilities | $0 |
Net assets or fund balances | $193,336 |