Liabilities / Assets
28th percentile
Higher debt load relative to assets than 28% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
28th percentile
Higher debt load relative to assets than 28% of similar nonprofits.
Liabilities / Revenue
63rd percentile
Higher debt load relative to revenue than 63% of similar nonprofits.
Net Margin
11th percentile
Higher net margin than 11% of similar nonprofits.
Top Officer Pay
16th percentile
Higher top officer pay than 16% of similar nonprofits.
Top officer pay equals 4.7% of source-year revenue.
Asset Growth
42nd percentile
Faster asset growth than 42% of similar nonprofits.
Revenue Growth
1st percentile
Faster revenue growth than 1% of similar nonprofits.
Assets
Up$10,703,875
Up $148,671 (+1.4%) from 2013
Net Assets
Down$10,001,318
Down $299,631 (-2.9%) from 2013
Liabilities
Up$702,557
Up $448,302 (+176%) from 2013
Revenue
Down$1,632,548
Down $9,448,182 (-85%) from 2013
Expenses
Up$1,893,947
Up $1,186,942 (+168%) from 2013
Net Income
Down-$261,399
Down $10,635,124 (-103%) from 2013
The fab foundation was formed february 6, 2009 to facilitate and support the growth of the international fab lab network. The fab foundation is a us non-profit 501(c)(3) organization emerging from the massachusetts institute of technology's center for bits & atoms' (cba) international fab lab outreach program. Our mission is to provide access to the tools, the knowledge and the financial means to educate, innovate and invent using technology and digital fabrication to allow anyone to make (almost) anything, and thereby creating opportunities to improve lives and livelihoods around the world. Community organizations, educational institutions and non-profit concerns are our primary beneficiaries.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $4,102,755 | $5,192,243 | ▲ $1,089,488 |
| Pledges and Grants Receivable | $5,914,000 | $3,102,343 | ▼ $2,811,657 |
| Investments in Publicly Traded Securities | - | $1,137,320 | - |
| Land, Buildings, and Equipment, Net | $432,595 | $623,376 | ▲ $190,781 |
| Savings and Temporary Cash Investments | - | $362,040 | - |
| Accounts Receivable | $104,969 | $259,444 | ▲ $154,475 |
| Prepaid Expenses and Deferred Charges | $885 | $27,109 | ▲ $26,224 |
| Total Assets | $10,555,204 | $10,703,875 | ▲ $148,671 |
| Liabilities | |||
| Deferred Revenue | $151,569 | $441,720 | ▲ $290,151 |
| Accounts Payable and Accrued Expenses | $102,686 | $260,837 | ▲ $158,151 |
| Total Liabilities | $254,255 | $702,557 | ▲ $448,302 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $9,900,082 | $9,548,279 | ▼ $351,803 |
| Unrestricted Net Assets | $400,867 | $453,039 | ▲ $52,172 |
| Total Net Assets Fund Balance | $10,300,949 | $10,001,318 | ▼ $299,631 |
| Total Liabilities and Net Assets / Fund Balance | $10,555,204 | $10,703,875 | ▲ $148,671 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $623,376 | $176,078 | $799,454 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2014 | $9,900,082 | $630,716 | - | $948,803 | $9,548,279 |
| 2013 | - | $10,065,988 | - | $165,906 | $9,900,082 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Sherry Lassiter | Treasurer/clerk/director | PT | $37,988 | $37,988 | $75,976 |
| Neil Gershenfeld | Director | - | $46,166 | - | $46,166 |
| Name | Title |
|---|---|
| Stuart Gannes | President/director |
| Chris Wilkinson | Director |
| Simone Abouhab Amber | Director |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Other Non Cash Contri Table | 1 | $318,793 | Retail Value |
| Total Noncash Contributions | 1 | $318,793 | - |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,738,853 |
| Salaries, Compensation, and Employee Benefits | $121,378 |
| Grants and Similar Amounts Paid | $33,716 |
| Total Fundraising Expense | $4,148 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Expenses | $936,440 | $1,734 | - | $938,174 |
| Fees for Services Other | $396,803 | $14,460 | - | $411,263 |
| Depreciation Depletion | $128,012 | - | - | $128,012 |
| Travel | $87,506 | $15,515 | - | $103,021 |
| Other Salaries and Wages | $45,635 | $25,052 | $2,501 | $73,188 |
| Fees for Services Accounting | - | $45,632 | - | $45,632 |
| Office Expenses | $4,542 | $35,771 | - | $40,313 |
| Current Officers, Directors, Trustees, and Key Employees | $23,685 | $13,004 | $1,298 | $37,987 |
| Grants to Domestic Orgs | $30,716 | - | - | $30,716 |
| Conferences and Meetings | $26,527 | $389 | - | $26,916 |
| Occupancy | - | $16,656 | - | $16,656 |
| Fees for Services Legal | - | $15,215 | - | $15,215 |
| Insurance | - | $13,651 | - | $13,651 |
| Payroll Taxes | $6,362 | $3,492 | $349 | $10,203 |
| Foreign Grants | $3,000 | - | - | $3,000 |
| Total Functional Expenses | $1,689,228 | $200,571 | $4,148 | $1,893,947 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,900,197 |
| Expenses per Audited Statements | $1,893,947 |
| Total Expenses per Form 990 | $1,893,947 |
| Expenses Not Reported on Form 990 | $6,250 |
| Expenses Not Reported on Financial Statements | $0 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Fab Lab Hub | Tyron, NC | N/a | Fab Lab Hub | $18,716 |
| Welldone International | West Hills, CA | 501(c)(3) | Expenditures for Foreign Contracts | $10,000 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Sub-saharan Africa - Angola, Benin, Botswana, Burkina, Faso, | Program Services | Purchase and Installation of a Fab Lab | 0 | 0 | $274,698 |
| South America | Program Services | Purchase and Installation of a Fab Lab | 0 | 0 | $122,189 |
| Europe (including Iceland & Greenland) | Program Services | Purchase and Installation of a Fab Lab | 0 | 0 | $22,825 |
| Sub-saharan Africa | Grants to Recipients Located in Region | N/a | 0 | 0 | $3,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The board membership terms and staggered terms were changed in order to insure ongoing institutional memory and management.”
“The president and treasurer of the organization review form 990 prior to filing.”
“Each officer and board member signs an annual coi statement disclosing any potential conflicts of interest. It is also their ongoing duty to report any potential conflicts of interest that may occur during the year to the board.”
“Governing documents and financial statements are available on the website: http://www.fabfoundation.org/about-us/ as well as upon request. Our conflict of interest policy is available upon request and will be added to the online documentation shortly.”
“At december 31, 2013, the organization accrued $46,166 that was owed to neil gershenfeld, a board member, for his services at the fab academy. Since the fees were not actually paid until 2014, neil was not considered an independent board member in 2014. His compensation was included on part vii of the form 990 but not on part ix, line 5 since this amount was accrued at december 31, 2013 and included in the functional expenses for that year. He was considered an independent director in 2013 since the fees were only accrued.”
“Stuart gannes - 2931 fillmore street, san francisco, ca 94123. Sherry lassiter - 105 waltham street, maynard, ma 01754. Neil gershenfeld - 50 orchard street, cambridge, ma 02140. Simone abouhab amber - 146 columbia heights, brooklyn, ny 11201. Chris wilkinson - 1 pipers lane, heswall, wirral, united kingdom ch60 9hs.”
“Mentoring & support: program service expenses 361,539. Management and general expenses 0. Fundraising expenses 0. Total expenses 361,539. Marketing consultant: program service expenses 24,788. Management and general expenses 14,460. Fundraising expenses 0. Total expenses 39,248. Product consulting: program service expenses 10,476. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,476.”
“Loss on uncollectible receivables -6,250.”
“The volunteers provide time and expertise to the fab foundation, in developing education content, strategic outreach in education and entrepreneurship, fundrasing, and assistance with orgainizing and running fab lab community events like the annual gathering fabx each year, or local events for community.”
“At december 31, 2014 temporarily restricted net assets consisted of the following: procurement of fab labs $9,451,059 development of fab ed project $ 47,220 fab 11 conference $ 50,000 total temp. Restricted $9,548,279”
“Loss on uncollectible receivables 6,250.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 102686 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 260837 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 104969 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 259444 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE FAB FOUNDATION WAS FORMED FEBRUARY 6, 2009 TO FACILITATE AND SUPPORT THE GROWTH OF THE INTERNATIONAL FAB LAB NETWORK. THE FAB FOUNDATION IS A US NON-PROFIT 501(C)(3) ORGANIZATION EMERGING FROM THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY'S CENTER FOR BITS & ATOMS' (CBA) INTERNATIONAL FAB LAB OUTREACH PROGRAM. OUR MISSION IS TO PROVIDE ACCESS TO THE TOOLS, THE KNOWLEDGE AND THE FINANCIAL MEANS TO EDUCATE, INNOVATE AND INVENT USING TECHNOLOGY AND DIGITAL FABRICATION TO ALLOW ANYONE TO MAKE (ALMOST) ANYTHING, AND THEREBY CREATING OPPORTUNITIES TO IMPROVE LIVES AND LIVELIHOODS AROUND THE WORLD. COMMUNITY ORGANIZATIONS, EDUCATIONAL INSTITUTIONS AND NON-PROFIT CONCERNS ARE OUR PRIMARY BENEFICIARIES. |
| IRS990/AddressChangeInd | 0 | X |
| IRS990/AllOtherContributionsAmt | 0 | 950019 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | SHERRY LASSITER |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8573337777 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 50 MILK ST 16TH FLOOR |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BOSTON |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02109 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 4102755 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 5192243 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 1 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 1298 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 13004 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 23685 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 37987 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 389 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 26527 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 26916 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 952362 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 33716 |
| IRS990/CYInvestmentIncomeAmt | 0 | 36030 |
| IRS990/CYOtherExpensesAmt | 0 | 1738853 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 644156 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -261399 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 121378 |
| IRS990/CYTotalExpensesAmt | 0 | 1893947 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 4148 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1632548 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 1 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 151569 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 441720 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 128012 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 128012 |
| IRS990/Desc | 0 | THE ORGANIZATION SUPPORTS ACCESS TO THE TOOLS AND SKILLS OF DIGITAL FABRICATION, AND PROMOTES DIGITAL FABRICATION BY FACILITATING THE DEVELOPMENT OF COMMUNITY-BASED AND EDUCATIONAL FAB LABS, THE DISSEMINATION OF BEST PRACTICES IN DIGITAL FABRICATION THROUGHOUT THE FAB LAB NETWORK, FACILITATION AND DISSEMINATION OF RESEARCH AND COMMUNITY-BENEFICIAL PROJECTS, THE FUNDING AND FACILITATION OF FAB LAB AND DIGITAL FABRICATION PROJECTS THAT BENEFIT PEOPLE AND COMMUNITIES IN EXEMPLARY WAYS, SUCH AS MOBILE FAB LABS FOR EMERGENCY AID, OR FAB LABS FOR DEVELOPING WORLD CONTEXTS. THESE SERVICES INCLUDE DEPLOYING, INSTALLING, TRAINING, AND CONSULTING FOR NEW FAB LABS AS WELL AS PROGRAMMATIC SUPPORT OF ESTABLISHED FAB LABS. THE ORGANIZATION WORKS TO GATHER AND PROVIDE CRITICAL EVALUATION DATA AS WELL AS PROVIDE TOOLS FOR TRACKING THE IMPACT OF FAB LABS IN EDUCATIONAL, BUSINESS AND SOCIAL CONTEXTS. AS PART OF ITS SERVICES THE ORGANIZATION PROVIDES A NETWORK FUNCTION FOR THE FAB LAB COMMUNITY, BRINGING TOGETHER FAB LABS AROUND THE WORLD EITHER PHYSICALLY (FOR ANNUAL MEETINGS AND WORKSHOPS) OR VIRTUALLY THROUGH ONLINE TOOLS AND RESOURCES. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DoingBusinessAsName/BusinessNameLine1Txt | 0 | FAB ACADEMY |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 5 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1447740 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 45632 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 45632 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 15215 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 15215 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 14460 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 396803 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 411263 |
| IRS990/ForeignActivitiesInd | 0 | 1 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignGrantsGrp/ProgramServicesAmt | 0 | 3000 |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 3000 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 20.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | STUART GANNES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | SHERRY LASSITER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | NEIL GERSHENFELD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | SIMONE ABOUHAB AMBER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | CHRIS WILKINSON |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 37988 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 46166 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 37988 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT/DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER/CLERK/DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 2009 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 12 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GovernmentGrantsAmt | 0 | 2343 |
| IRS990/GrantAmt | 0 | 33716 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 30716 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 30716 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 755494 |
| IRS990/GrossReceiptsAmt | 0 | 2388030 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 13651 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 13651 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 36018 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 36018 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 1137320 |
| IRS990/IRPDocumentCnt | 0 | 10 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 176078 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 432595 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 623376 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 799454 |
| IRS990/LegalDomicileStateCd | 0 | CA |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 755482 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE FAB FOUNDATION WAS FORMED FEBRUARY 6, 2009 TO FACILITATE AND SUPPORT THE GROWTH OF THE INTERNATIONAL FAB LAB NETWORK. THE FAB FOUNDATION IS A US NON-PROFIT 501(C)(3) ORGANIZATION EMERGING FROM THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY'S CENTER FOR BITS & ATOMS' (CBA) INTERNATIONAL FAB LAB OUTREACH PROGRAM. OUR MISSION IS TO PROVIDE ACCESS TO THE TOOLS, THE KNOWLEDGE AND THE FINANCIAL MEANS TO EDUCATE, INNOVATE AND INVENT USING TECHNOLOGY AND DIGITAL FABRICATION TO ALLOW ANYONE TO MAKE (ALMOST) ANYTHING, AND THEREBY CREATING OPPORTUNITIES TO IMPROVE LIVES AND LIVELIHOODS AROUND THE WORLD. COMMUNITY ORGANIZATIONS, EDUCATIONAL INSTITUTIONS AND NON-PROFIT CONCERNS ARE OUR PRIMARY BENEFICIARIES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 10300949 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 10001318 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 12 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 12 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -31982 |
| IRS990/NoncashContributionsAmt | 0 | 318793 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 16656 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 16656 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 35771 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 4542 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 40313 |
| IRS990/OfficerMailingAddressInd | 0 | 1 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -6250 |
| IRS990/OtherExpensesGrp/Desc | 0 | LAB COMPONENTS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1734 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 936440 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 938174 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 2501 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 25052 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 45635 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 73188 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 349 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 3492 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 6362 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 10203 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 5914000 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 3102343 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 885 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 27109 |
| IRS990/PrincipalOfficerNm | 0 | STUART GANNES |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 541700 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611430 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | CONTRACTS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | TUITION |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 533183 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 110973 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 533183 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 110973 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE FAB ACADEMY PROVIDES INSTRUCTION AND SUPERVISES INVESTIGATION OF MECHANISMS, APPLICATIONS, AND IMPLICATIONS OF DIGITAL FABRICATION. JUST AS COMMUNICATIONS AND COMPUTATION WENT FROM ANALOG TO DIGITAL, RESULTING IN PCS AND THE INTERNET, THE DIGITIZATION OF FABRICATION IS LEADING TO PERSONAL FABRICATORS THAT WILL ALLOW ANYONE TO MAKE ALMOST ANYTHING, ANYWHERE. THE DEVELOPMENT OF DIGITAL FABRICATION IS BASED ON CREATING CODES THAT DON'T JUST DESCRIBE THINGS, THEY ARE THINGS, MUCH AS PROTEINS ARE CODED IN MOLECULAR BIOLOGY. THIS RESEARCH ROADMAP IS ULTIMATELY AIMING AT A STAR TREK-STYLE REPLICATOR, BUT PROTOTYPE VERSIONS OF THESE CAPABILITIES ARE ALREADY AVAILABLE IN FIELD FAB LABS. THE FAB ACADEMY OFFERS CERTIFICATES ON RELEVANT TECHNICAL TOPICS, AND A DIPLOMA AIMED AT VOCATIONAL AND TECHNICAL TRAINING FOR EMPLOYMENT AND INVESTMENT (ALONG WITH ASSISTANCE TO ITS GRADUATES IN THOSE AREAS). THESE ARE ACCREDITED BY THE FAB ACADEMY; IT IS ANTICIPATED THAT THEY WILL BY FOLLOWED BY A BACHELOR'S DEGREE TO BE OFFERED UNDER APPLICABLE REGIONAL ACCREDITATION, ALONG WITH POST-GRADUATE STUDY. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 241488 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 110973 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 10636749 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 2748 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 692878 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 443981 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 10373725 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 11379 |
| IRS990/PYTotalExpensesAmt | 0 | 707005 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 11080730 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -261399 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 533183 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 362040 |
| IRS990ScheduleA/FactsAndCircumstancesTestTxt | 0 | FACTORS SUPPORTING THE ORGANIZATION'S USE OF THE FACTS AND CIRCUMSTANCES TEST TO QUALIFY AS PUBLICLY SUPPORTED IS AS FOLLOWS:1) THE FAB FOUNDATION SOLICITS CONTRIBUTIONS FROM THE GENERAL PUBLIC, COMMUNITY AND GOVERNMENTAL UNITS VIA ITS WEBSITE, NEWSLETTER, CORPORATE SOLICITATIONS AND GRANT PROPOSALS. IN 2014, THE ORGANIZATION RECEIVED A GRANT FROM THE FEDERAL GOVERNMENT FOR $2.8 MILLION TO FUND THE DEVELOPMENT OF NEW TEACHING AND LEARNING STRATEGIES, BASED ON FAB ACADEMY, BY SCALING AND DISTRIBUTING TECHNICAL EDUCATION TO DIVERSE AND GEOGRAPHICALLY ISOLATED LEARNERS WORLDWIDE. IT IS ANTICIPATED THAT SUPPORT FROM THIS FEDERAL GRANT WILL RESULT IN THE FAB FOUNDATION PASSING THE SUPPORT TEST IN 2015. THE ORGANIZATION SEEKS TO CONTINUE RAISING A BROAD BASE OF SUPPORT IN ORDER TO PASS THE SUPPORT TEST IN SUBSEQUENT YEARS.2) EACH YEAR CORPORATE SPONSORS MAKE CONTRIBUTIONS FOR THE ANNUAL FAB CONFERENCE WHICH PROVIDES A GATHERING FOR THE FAB LAB COMMUNITY TO SHARE INFORMATION AND KNOWLEDGE. DONATIONS OF VIDEO EQUIPMENT HAVE BEEN RECEIVED THAT ARE USED TO BROADCAST THE FAB ACADEMY ALL OVER THE WORLD TO STUDENTS WHO LEARN THE SKILLS AND KNOWLEDGE OF DIGITAL FABRICATION. A LARGE CORPORATE GRANT IS BEING USED TO BUILD FAB LABS THROUGHOUT THE COUNTRY AND TO PROVIDE TEACHER PROFESSIONAL TRAINING FOR STEM (SCIENCE, TECHNOLOGY, EDUCATION AND MATH) - RELATED ACTIVITIES. ALTHOUGH FAB FOUNDATION MAY RECEIVE LARGE CORPORATE GIFTS, THESE DONATIONS ALLOW THE ORGANIZATION TO REACH A BROADER CONSTITUENT BASE, BOTH IN THE US AND GLOBALLY. 3) THE BOARD OF DIRECTORS CONSIST OF INDIVIDUALS WHO REPRESENT A BROAD ARRAY OF BACKGROUNDS INCLUDING THE FIELDS OF SCIENCE, EDUCATION AND RESEARCH. IN ADDITION, FAB FOUNDATION IS ACTIVELY SEEKING TO EXPAND ITS BOARD OF DIRECTORS TO REPRESENT AN EVEN BROADER CONSTITUENCY WHO WILL BENEFIT FROM THE ORGANIZATION'S PROGRAMS. 4) ONCE THE FAB LABS BECOME OPERATIONAL, THEY ARE AVAILABLE TO A WIDE RANGE OF STUDENTS, SCIENTISTS, ENGINEERS AND INNOVATORS WHO HAVE ACCESS TO THIS MODERN MEANS OF INVENTION. TO DATE, THE ORGANIZATION HAS DEVELOPED OR IS IN THE PROCESS OF DEVELOPING 18 FAB LABS IN THE US AND INTERNATIONALLY. 5) ANNUALLY, THE FAB FOUNDATION GATHERS MEMBERS OF THE FAB LAB COMMUNITY (COMPRISING MORE THAN 450 LABS IN 55 COUNTRIES) IN BOSTON TO EXPLORE THE PRINCIPLES, APPLICATIONS AND IMPLICATIONS OF DIGITAL FABRICATION. AS INDICATED IN NOTE 2, THE FAB ACADEMY HAS A GLOBAL OUTREACH THAT FOSTERS SCIENTIFIC INNOVATION AND EDUCATION. |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 952362 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 636749 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 63005 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 5074 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1657190 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 36018 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 36018 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 1395714 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.23860 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 404068 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 1253122 |
| IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 952362 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 636749 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 63005 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 5074 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1657190 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1693208 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 9900082 |
| IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt | 0 | 630716 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 9548279 |
| IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 33716 |
| IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt | 0 | 948803 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt | 0 | 10065988 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 9900082 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 165906 |
| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | 0 |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 623376 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 176078 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 799454 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 6250 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1893947 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | -31982 |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 6250 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | -31982 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1632548 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | AT DECEMBER 31, 2014 TEMPORARILY RESTRICTED NET ASSETS CONSISTED OF THE FOLLOWING: PROCUREMENT OF FAB LABS $9,451,059 DEVELOPMENT OF FAB ED PROJECT $ 47,220 FAB 11 CONFERENCE $ 50,000 TOTAL TEMP. RESTRICTED $9,548,279 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | LOSS ON UNCOLLECTIBLE RECEIVABLES 6,250. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART V, LINE 4: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/TermEndowmentBalanceEOYPct | 0 | 1.00000 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 623376 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1893947 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1632548 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1600566 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1900197 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 0 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 1 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 2 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 3 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 0 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 1 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 2 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 3 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 0 | 122189 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 1 | 274698 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 2 | 22825 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 3 | 3000 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 0 | SOUTH AMERICA |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 1 | SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO, |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 2 | EUROPE (INCLUDING ICELAND & GREENLAND) |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 3 | SUB-SAHARAN AFRICA |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt | 0 | PURCHASE AND INSTALLATION OF A FAB LAB |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt | 1 | PURCHASE AND INSTALLATION OF A FAB LAB |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt | 2 | PURCHASE AND INSTALLATION OF A FAB LAB |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt | 3 | N/A |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 0 | PROGRAM SERVICES |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 1 | PROGRAM SERVICES |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 2 | PROGRAM SERVICES |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 3 | GRANTS TO RECIPIENTS LOCATED IN REGION |
| IRS990ScheduleF/BoycottCountriesInd | 0 | 0 |
| IRS990ScheduleF/ContinuationSpentAmt | 0 | 0 |
| IRS990ScheduleF/ContinutationTotalEmployeeCnt | 0 | 0 |
| IRS990ScheduleF/ContinutationTotalOfficeCnt | 0 | 0 |
| IRS990ScheduleF/ForeignCorpOwnershipInd | 0 | 0 |
| IRS990ScheduleF/ForeignPartnershipInd | 0 | 0 |
| IRS990ScheduleF/InterestInForeignTrustInd | 0 | 0 |
| IRS990ScheduleF/PassiveForeignInvestmestCoInd | 0 | 0 |
| IRS990ScheduleF/SubtotalEmployeesCnt | 0 | 0 |
| IRS990ScheduleF/SubtotalOfficesCnt | 0 | 0 |
| IRS990ScheduleF/SubtotalSpentAmt | 0 | 422712 |
| IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENDITURES ARE ACCOUNTED FOR ON THE ACCRUAL BASIS USED FOR FINANCIAL STATEMENT PURPOSES. |
| IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 3: |
| IRS990ScheduleF/TotalEmployeeCnt | 0 | 0 |
| IRS990ScheduleF/TotalOfficeCnt | 0 | 0 |
| IRS990ScheduleF/TotalSpentAmt | 0 | 422712 |
| IRS990ScheduleF/TransferToForeignCorpInd | 0 | 0 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 10000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 1 | 18716 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501(C)(3) |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 1 | N/A |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc | 0 | N/A |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc | 1 | N/A |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | EXPENDITURES FOR FOREIGN CONTRACTS |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 1 | FAB LAB HUB |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | WELLDONE INTERNATIONAL |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 1 | FAB LAB HUB |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 271662243 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 1 | 475359614 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 23020 HAMLIN STREET |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 1 | 302 HARMON FIELD RD |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | WEST HILLS |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 1 | TYRON |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 1 | NC |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 91307 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 1 | 28782 |
| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 0 | N/A |
| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 1 | N/A |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | GRANTEES ARE REQUIRED TO MAKE PERIODIC REPORTS TO ENSURE THAN ANY FUNDS OR OTHER ASSISTANCE RECEIVED ARE USED FOR THE INTENDED PURPOSE(S) OF THE GRANT ONLY. THE BOARD OF DIRECTORS SHALL REVIEW ALL REPORTS FROM THE GRANT RECIPIENT, AND SOLICIT AND ANALYZE ANY OTHER INFORMATION THAT IS DEEMED NECESSARY AND PRUDENT,INCLUDING REVIEWING THE RECIPIENT'S OTHER RECORDS AND/OR PERFORMING ON-SITE VISITS WITH THE RECIPIENT(S), TO ENSURE THAT ALL GRANT FUNDS ARE BEING USED FOR THE INTENDED PURPOSE. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 2: |
| IRS990ScheduleI/Total501c3OrgCnt | 0 | 1 |
| IRS990ScheduleI/TotalOtherOrgCnt | 0 | 1 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleM/AnyPropertyThatMustBeHeldInd | 0 | 0 |
| IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt | 0 | 1 |
| IRS990ScheduleM/OtherNonCashContriTableGrp/Desc | 0 | VIDEOCONFERENCING EQUIPMENT |
| IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt | 0 | RETAIL VALUE |
| IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd | 0 | X |
| IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt | 0 | 318793 |
| IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd | 0 | 0 |
| IRS990ScheduleM/ThirdPartiesUsedInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE BOARD MEMBERSHIP TERMS AND STAGGERED TERMS WERE CHANGED IN ORDER TO INSURE ONGOING INSTITUTIONAL MEMORY AND MANAGEMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE PRESIDENT AND TREASURER OF THE ORGANIZATION REVIEW FORM 990 PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EACH OFFICER AND BOARD MEMBER SIGNS AN ANNUAL COI STATEMENT DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST. IT IS ALSO THEIR ONGOING DUTY TO REPORT ANY POTENTIAL CONFLICTS OF INTEREST THAT MAY OCCUR DURING THE YEAR TO THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE: HTTP://WWW.FABFOUNDATION.ORG/ABOUT-US/ AS WELL AS UPON REQUEST. OUR CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST AND WILL BE ADDED TO THE ONLINE DOCUMENTATION SHORTLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | AT DECEMBER 31, 2013, THE ORGANIZATION ACCRUED $46,166 THAT WAS OWED TO NEIL GERSHENFELD, A BOARD MEMBER, FOR HIS SERVICES AT THE FAB ACADEMY. SINCE THE FEES WERE NOT ACTUALLY PAID UNTIL 2014, NEIL WAS NOT CONSIDERED AN INDEPENDENT BOARD MEMBER IN 2014. HIS COMPENSATION WAS INCLUDED ON PART VII OF THE FORM 990 BUT NOT ON PART IX, LINE 5 SINCE THIS AMOUNT WAS ACCRUED AT DECEMBER 31, 2013 AND INCLUDED IN THE FUNCTIONAL EXPENSES FOR THAT YEAR. HE WAS CONSIDERED AN INDEPENDENT DIRECTOR IN 2013 SINCE THE FEES WERE ONLY ACCRUED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | STUART GANNES - 2931 FILLMORE STREET, SAN FRANCISCO, CA 94123. SHERRY LASSITER - 105 WALTHAM STREET, MAYNARD, MA 01754. NEIL GERSHENFELD - 50 ORCHARD STREET, CAMBRIDGE, MA 02140. SIMONE ABOUHAB AMBER - 146 COLUMBIA HEIGHTS, BROOKLYN, NY 11201. CHRIS WILKINSON - 1 PIPERS LANE, HESWALL, WIRRAL, UNITED KINGDOM CH60 9HS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | MENTORING & SUPPORT: PROGRAM SERVICE EXPENSES 361,539. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 361,539. MARKETING CONSULTANT: PROGRAM SERVICE EXPENSES 24,788. MANAGEMENT AND GENERAL EXPENSES 14,460. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,248. PRODUCT CONSULTING: PROGRAM SERVICE EXPENSES 10,476. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,476. |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.