Civic Intelligence

Ace Monster Toys Inc

EIN 27-3573767 • 501(c)3 • Oakland, CA

Profile

The purpose of the organization is to promote and encourage technical, scientific, and artistic skills through individual projects, social collaboration, and education.

6050 Lowell Street 214Oakland, CA 94608

www.acemakerspace.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

7.16x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

1.52x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

13th percentile

-59%

Higher net margin than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$49,400

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 16.9% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

15th percentile

-74%

Faster asset growth than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

67th percentile

14%

Faster revenue growth than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$61,964

Down $179,758 (-74%) from 2023

Liabilities

Down

$443,908

Down $8,434 (-1.9%) from 2023

Net Assets

Down

-$381,944

Down $171,324 (-81%) from 2023

Revenue

Up

$291,648

Up $35,253 (+14%) from 2023

Expenses

Up

$462,972

Up $35,219 (+8.2%) from 2023

Net Income

Up

-$171,324

Up $34 (+0.0%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$500K$0-$500KAssets 2019: $73,200Liabilities 2019: $5,623Net Assets 2019: $67,5772019Assets 2020: $162,663Liabilities 2020: $97,434Net Assets 2020: $65,2292020Assets 2021: $124,147Liabilities 2021: $87,834Net Assets 2021: $36,3132021Assets 2022: $412,987Liabilities 2022: $452,249Net Assets 2022: -$39,2622022Assets 2023: $241,722Liabilities 2023: $452,342Net Assets 2023: -$210,6202023Assets 2024: $61,964Liabilities 2024: $443,908Net Assets 2024: -$381,9442024

Highlighted filing

2024

Assets$61,964
Liabilities$443,908
Net Assets-$381,944

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2019: $174,369Expenses 2019: $161,434Net Income 2019: $12,9352019Revenue 2020: $222,495Expenses 2020: $224,843Net Income 2020: -$2,3482020Revenue 2021: $160,634Expenses 2021: $189,550Net Income 2021: -$28,9162021Revenue 2022: $232,581Expenses 2022: $311,987Net Income 2022: -$79,4062022Revenue 2023: $256,395Expenses 2023: $427,753Net Income 2023: -$171,3582023Revenue 2024: $291,648Expenses 2024: $462,972Net Income 2024: -$171,3242024

Highlighted filing

2024

Revenue$291,648
Expenses$462,972
Net Income-$171,324

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$291,648
Mission and Program Overview

Mission

The purpose of the organization is to promote and encourage technical, scientific, and artistic skills through individual projects, social collaboration, and education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$74,331$49,284▼ $25,047
Cash and Non-Interest-Bearing Accounts$35,377$5,170▼ $30,207
Prepaid Expenses and Deferred Charges$1,064$3,097▲ $2,033
Savings and Temporary Cash Investments$114,617$1,264▼ $113,353
Accounts Receivable$13,233$49▼ $13,184
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$241,722$61,964▼ $179,758
Other Assets Total$3,100$3,100→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$431,739$426,656▼ $5,083
Accounts Payable and Accrued Expenses$20,603$17,251▼ $3,352
Other Liabilities-$1-
Total Liabilities$452,342$443,908▼ $8,434
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-210,620$-381,944▼ $171,324
Total Net Assets Fund Balance$-210,620$-381,944▼ $171,324
Total Liabilities and Net Assets / Fund Balance$241,722$61,964▼ $179,758

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$49,284$84,214$133,498
Other Assets Org$3,100--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rachel SaddPresident & CEOFT$49,400$49,400
Steven SheffieldTreasurerPT$6,600$6,600
Juliana BrunoPresident & CEOPT$2,351$2,351

Board Members and Trustees

NameTitle
David MorrisDirector
David PerryDirector
Matti CridlandDirector
Sylvia GonzalezDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$35,554
Program Service Revenue
$252,767
Investment Income
$33
Other Revenue
$3,294
All Other Contributions
$14,554
Change in Net Assets
$-171,324
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$265,478
Salaries, Compensation, and Employee Benefits$197,494
Total Fundraising Expense$4,185
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$115,160$6,412-$121,572
Occupancy$81,993--$81,993
Current Officers, Directors, Trustees, and Key Employees$19,760$35,627$2,964$58,351
Fees for Services Other$35,187$17,624-$52,811
Insurance$14,024$4,069$366$18,459
All Other Expenses$12,498$4,887$431$17,816
Payroll Taxes$13,343$3,871$348$17,562
Interest$944$11,216-$12,160
Fees for Services Accounting-$9,753-$9,753
Other Expenses$6,767$235$1$7,003
Information Technology$3,345$2,132-$5,477
Advertising$1,536$2,238$75$3,849
Office Expenses-$1,986-$1,986
Travel$1,200--$1,200
Other Employee Benefits-$9-$9
Total Functional Expenses$335,486$123,301$4,185$462,972
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The board has 5 voting members, who are directors. Member is also a term for someone who buys a monthly membership to gain access to the studio to make art, but do not take part in governance.

Form 990, Part VI, Section B, Line 11B

A draft Form 990 was prepared by the organization's CPA and emailed to all Board members for review prior to filing. Board members had the opportunity to ask questions and provide feedback, with final approval confirmed electronically before submission.

Form 990, Part VI, Section C, Line 18

The organization's articles of incorporation are publically available online on the organization's wiki at http://wiki.acemakerspace.org. The organization's bylaws are publicly availablevia the GitHub repository at https://github.com/acemonstertoys/bylaws/blob/master/AMTBylaws.md, which serves as a transparent archive of board-approved changes. In this fiscal year financial statements were available via e-mail from the treasurer upon request. No other documents available to the public.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Part VII, Section A. Officers, Directors

Steven Sheffield, who was appointed and then elected to be a director, was not an independent voting member during this fiscal year due to being paid a small nominal stipend as treasurer. Rachel Sadd served as the organization's paid President (CEO/Executive Director) for over 8 years until her passing on February 27, 2024. Reported hours for Rachel Sadd reflect limited activity during the fiscal year due to a temporary leave and her passing. Juliana Bruno served as a paid Secretary, contributing an average of 2 hours per week, until February 2024. Beginning in March 2024, Juliana Bruno served as the paid President (CEO/Executive Director), contributing 20 hours per week. In March 2024 Matti Cridland and Sylvia Gonzalez were appointed to the board to fill board vacancies and establish quorum for the appointment to fill the vacant President role, pursuant to the bylaws. The Treasurer Steven Sheffield was appointed to the board in April 2024 to fill a vacancy, followed by David Morris in June 2024.

Filing and Contact Details

Filer

Filer Name
Ace Monster Toys Inc
EIN
27-3573767
Phone
5105453245
Address
6050 Lowell Street 214, Oakland, CA 94608

Signing Officer

Name
Steven Sheffield
Title
Treasurer
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Sheffield
Formed
2010
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
4
Employees
9
Volunteers
40

Preparer

Firm
Accounting Zebra
Address
403 McLaughlin Street, Richmond, CA 94805
Preparer
Jill Skinner CPA
Phone
5106291969
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board has 5 voting members, who are directors. Member is also a term for someone who buys a monthly membership to gain access to the studio to make art, but do not take part in governance.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A draft Form 990 was prepared by the organization's CPA and emailed to all Board members for review prior to filing. Board members had the opportunity to ask questions and provide feedback, with final approval confirmed electronically before submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization's articles of incorporation are publically available online on the organization's wiki at http://wiki.acemakerspace.org. The organization's bylaws are publicly availablevia the GitHub repository at https://github.com/acemonstertoys/bylaws/blob/master/AMTBylaws.md, which serves as a transparent archive of board-approved changes. In this fiscal year financial statements were available via e-mail from the treasurer upon request. No other documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Steven Sheffield, who was appointed and then elected to be a director, was not an independent voting member during this fiscal year due to being paid a small nominal stipend as treasurer. Rachel Sadd served as the organization's paid President (CEO/Executive Director) for over 8 years until her passing on February 27, 2024. Reported hours for Rachel Sadd reflect limited activity during the fiscal year due to a temporary leave and her passing. Juliana Bruno served as a paid Secretary, contributing an average of 2 hours per week, until February 2024. Beginning in March 2024, Juliana Bruno served as the paid President (CEO/Executive Director), contributing 20 hours per week. In March 2024 Matti Cridland and Sylvia Gonzalez were appointed to the board to fill board vacancies and establish quorum for the appointment to fill the vacant President role, pursuant to the bylaws. The Treasurer Steven Sheffield was appointed to the board in April 2024 to fill a vacancy, followed by David Morris in June 2024.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VII, Section A. Officers, Directors
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