Civic Intelligence

Make Startups Institute Inc

990 • Fiscal year 2019 • EIN 46-2793987

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 02, 2020

100 Grace Hopper LaneAugusta, GA 30901

(706) 877-8707

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.05x

Higher debt load relative to assets than 57% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

31st percentile

0.00x

Higher debt load relative to revenue than 31% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

35th percentile

-1.3%

Higher net margin than 35% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

1st percentile

-89%

Faster asset growth than 1% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

83rd percentile

40%

Faster revenue growth than 83% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$29,598

Down $247,320 (-89%) from 2018

Net Assets

Down

$27,980

Down $45,628 (-62%) from 2018

Liabilities

Down

$1,618

Down $201,692 (-99%) from 2018

Revenue

Up

$799,528

Up $227,875 (+40%) from 2018

Expenses

Up

$809,818

Up $236,652 (+41%) from 2018

Net Income

Down

-$10,290

Down $8,777 (-580%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2013: $1Liabilities 2013: $02013Assets 2014: $45,341Liabilities 2014: $0Net Assets 2014: $45,3412014Assets 2015: $67,635Liabilities 2015: $1,690Net Assets 2015: $65,9452015Assets 2016: $64,764Liabilities 2016: $1,756Net Assets 2016: $63,0082016Assets 2017: $261,963Liabilities 2017: $222,416Net Assets 2017: $39,5472017Assets 2018: $276,918Liabilities 2018: $203,310Net Assets 2018: $73,6082018Assets 2019: $29,598Liabilities 2019: $1,618Net Assets 2019: $27,9802019Assets 2020: $63,150Liabilities 2020: $2,263Net Assets 2020: $60,8872020Assets 2021: $47,185Liabilities 2021: $2,275Net Assets 2021: $44,9102021Assets 2022: $45,710Liabilities 2022: $658Net Assets 2022: $45,0522022Assets 2023: $145,685Liabilities 2023: $0Net Assets 2023: $145,6852023Assets 2024: $30,385Liabilities 2024: $2,530Net Assets 2024: $27,8552024

Highlighted filing

2019

Assets$29,598
Liabilities$1,618
Net Assets$27,980

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $83,512Expenses 2014: $38,171Net Income 2014: $45,3412014Revenue 2015: $173,359Expenses 2015: $152,754Net Income 2015: $20,6052015Revenue 2016: $193,087Expenses 2016: $196,025Net Income 2016: -$2,9382016Revenue 2017: $324,294Expenses 2017: $335,262Net Income 2017: -$10,9682017Revenue 2018: $571,653Expenses 2018: $573,166Net Income 2018: -$1,5132018Revenue 2019: $799,528Expenses 2019: $809,818Net Income 2019: -$10,2902019Revenue 2020: $674,392Expenses 2020: $644,678Net Income 2020: $29,7142020Revenue 2021: $725,558Expenses 2021: $741,535Net Income 2021: -$15,9772021Revenue 2022: $626,854Expenses 2022: $626,712Net Income 2022: $1422022Revenue 2023: $706,113Expenses 2023: $605,480Net Income 2023: $100,6332023Revenue 2024: $642,698Expenses 2024: $760,528Net Income 2024: -$117,8302024

Highlighted filing

2019

Revenue$799,528
Expenses$809,818
Net Income-$10,290
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 2, 2020
Return Version
2019v5.0
Gross Receipts
$803,705
Mission and Program Overview

Mission

The vision of our hackerspace is a self sustaining creative technology cooperative workshop that provides people with the space, equipment, instruction, guidance, and friendships necessary to tackle any challenge they may face. We believe that the sole purpose of technology is to better human lives, and that through mastery of it, our members can enjoy higher quality of life while also being individually more productive. Our goal is to better the economic circumstances of our community through venture creation based upon humanistic ideals and long term sustainability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$240,821$29,432▼ $211,389
Intangible Assets$1,900--
Land, Buildings, and Equipment, Net$25,953$166▼ $25,787
Total Assets$276,918$29,598▼ $247,320
Other Assets Total$8,244--
Liabilities
Deferred Revenue$201,380--
Accounts Payable and Accrued Expenses$1,930$1,618▼ $312
Total Liabilities$203,310$1,618▼ $201,692
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$73,608$27,980▼ $45,628
Total Net Assets Fund Balance$73,608$27,980▼ $45,628
Total Liabilities and Net Assets / Fund Balance$276,918$29,598▼ $247,320

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$166$61,741$61,907
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Eric ParkerDirectorFT$95,333$95,333
Grace BelangiaDirectorFT$95,333$95,333

Board Members and Trustees

NameTitle
Dan MinahanBoard Member
Scott ManningTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$777,982
Program Service Revenue
$25,273
Investment Income
$-4,177
Other Revenue
$450
All Other Contributions
$601,975
Change in Net Assets
$-10,290

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$240,000Compareable Rented Space
Total Noncash Contributions1$240,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$680,043
Salaries, Compensation, and Employee Benefits$129,775
Total Fundraising Expense$55,332
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$204,118$48,891$24,445$277,454
Fees for Services Other$210,064$44,838$22,419$277,321
Other Salaries and Wages$88,905$30,450-$119,355
Office Expenses$14,136$3,832$1,916$19,884
Travel$12,541$1,136$568$14,245
All Other Expenses$9,762$1,656$505$11,923
Other Expenses$7,812$2,105$1,053$10,970
Advertising$8,378$1,402$701$10,481
Payroll Taxes$7,815$2,605-$10,420
Fees for Services Accounting$4,654$1,073$536$6,263
Depreciation Depletion$1,858-$313$2,171
Insurance$1,250$325-$1,575
Total Functional Expenses$610,418$144,068$55,332$809,818
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Executive DirecConsultingNo$95,333
-Executive DirecConsultingNo$91,425
-Executive DirecRentNo$33,000
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board treasurer reviews form 990 with the excutive directors and makes a report to the board of trustees after the three have approved the form 990.

Form 990, Page 6, Part VI, Line 12C

Each board member is responsible for disclosing any conflicts & has signed a document assenting to this. Conflicts are to be disclosed immediately & are documented in meeting minutes. The board chairman & secretary are responsible for enforcing this policy.

Form 990, Page 6, Part VI, Line 15A

Currently the two executive directors are not paid by hack augusta as employees. They are paid as contractors through specific grant allocations that are outside of the board of directors discretion and on a grant by grant basis. The directors' consulting fees funded through the kauffman grant will ended in november 2019. For 2020, the co executive directors will receive consulting fee through "code boot camp" but at a lower amount than 2019 levels.

Form 990, Page 6, Part VI, Line 19

Available upon request. Financial forms are posted online at guidestar.org annual reports are mailed to members & supporters.

Filing and Contact Details

Filer

Filer Name
Hack Augusta Inc
EIN
46-2793987
Phone
7068778707
Address
100 GRACE HOPPER LANE, AUGUSTA, GA 30901
Doing Business As
The Club House

Signing Officer

Name
Grace Belangia
Title
Director
Phone
7068778707
Signed
2020-09-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Parker
Formed
2013
Legal Domicile
Ga
Voting Board Members
4
Independent Board Members
4
Employees
5
Volunteers
15

Preparer

Firm
Bedingfield Mccutcheon & Perry
Address
205 DAVIS RD STE 200, AUGUSTA, GA 30907
Preparer
H Ellis Mccutcheon
Phone
7067248085
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The vision of our hackerspace is a self sustaining creative technology cooperative workshop that provides people with the space, equipment, instruction, guidance, and friendships necessary to tackle any challenge they may face. We believe that the sole purpose of technology is to better human lives, and that through mastery of it, our members can enjoy higher quality of life while also being individually more productive. Our goal is to better the economic circumstances of our community through venture creation based upon humanistic ideals and long term sustainability.

Form 990, Part IX, Line 11G

Contract labor 172,963 44,838 22,419 program expenses 37,101 0 0 total 210,064 44,838 22,419

Form 990, Part XI, Line 9

Book / tax depreciation difference -6,935

Raw XML AppendixShowing 400 of 412 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION - CAMPS, HACKATHONS, SUMO BOT LEAGUES & A VARIETY OF SHORT AND LONG TERM COURSES COVERING ALL ASPECTS OF COMPUTER PROGRAMMING, 3D PRINTING, BUILDING & PROGRAMMING OF ROBOTICS, WEB DESIGN, & TIMED COMPETITIONS FOR PROBLEM SOLVING CODING, WEB DESIGN & VARIOUS OTHER STEM CHALLANGES IN A GROUP FORMAT. THEY ALSO PROVIDE GROUP & 1 ON 1 MENTORING FOR ENTREPRENEURS.
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IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0AS PART OF THE START UP LIFE GRANT THROUGH THE KAUFFMAN FOUNDATION, THE 10 INDIVIDUALS SELECTED WERE GIVEN HOUSING FOR THEIR YEAR IN THE PROGRAM. ERIC PARKER, CO EXECUTIVE DIRECTOR, BOUGHT A HOUSE THROUGH HIS FOR PROFIT ARCHITECTURE DESIGN FIRM FOR THE PARTICIPANTS TO LIVE IN. HACK AUGUSTA PAYS 3,600 A MONTH IN RENT FOR THE 5 BEDROOM HOUSE. THE FIRST YEARS RENT WAS PREPAID ALONG WITH REIMBURSEMENTS FOR IMPROVEMENTS TO THE HOUSE TO MAKE IT HABITABLE FOR THE PARTICIPANTS. HACK AUGUSTA PROVIDES FOR THE UTILITES, FOOD, SUPPLIES ETC. THE KAUFFMAN FOUNDATION AND HACK AUGUSTA'S BOARD OF DIRECTORS ARE FULLY AWARE OF THE ARRAIGNEMENT. GRACE BELANGIA'S SAND HILLS ENDEAVORS AND ERIC PARKER'S CONIMA BOTH RECEIVE CONSULTING FEES FROM HACK AUGUSTA. THESE CONSULTING FEES ARE DESIGNATED EXPENSES EXPLICITLY WRITTEN INTO THE GRANT PROPOSAL FOR START UP LIFE. THE BOARD OF TRUSTEES IS FULLY AWARE OF THE ARRIANGEMENT.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
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IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0RENT
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0COMPAREABLE RENTED SPACE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE VISION OF OUR HACKERSPACE IS A SELF SUSTAINING CREATIVE TECHNOLOGY COOPERATIVE WORKSHOP THAT PROVIDES PEOPLE WITH THE SPACE, EQUIPMENT, INSTRUCTION, GUIDANCE, AND FRIENDSHIPS NECESSARY TO TACKLE ANY CHALLENGE THEY MAY FACE. WE BELIEVE THAT THE SOLE PURPOSE OF TECHNOLOGY IS TO BETTER HUMAN LIVES, AND THAT THROUGH MASTERY OF IT, OUR MEMBERS CAN ENJOY HIGHER QUALITY OF LIFE WHILE ALSO BEING INDIVIDUALLY MORE PRODUCTIVE. OUR GOAL IS TO BETTER THE ECONOMIC CIRCUMSTANCES OF OUR COMMUNITY THROUGH VENTURE CREATION BASED UPON HUMANISTIC IDEALS AND LONG TERM SUSTAINABILITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD TREASURER REVIEWS FORM 990 WITH THE EXCUTIVE DIRECTORS AND MAKES A REPORT TO THE BOARD OF TRUSTEES AFTER THE THREE HAVE APPROVED THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH BOARD MEMBER IS RESPONSIBLE FOR DISCLOSING ANY CONFLICTS & HAS SIGNED A DOCUMENT ASSENTING TO THIS. CONFLICTS ARE TO BE DISCLOSED IMMEDIATELY & ARE DOCUMENTED IN MEETING MINUTES. THE BOARD CHAIRMAN & SECRETARY ARE RESPONSIBLE FOR ENFORCING THIS POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CURRENTLY THE TWO EXECUTIVE DIRECTORS ARE NOT PAID BY HACK AUGUSTA AS EMPLOYEES. THEY ARE PAID AS CONTRACTORS THROUGH SPECIFIC GRANT ALLOCATIONS THAT ARE OUTSIDE OF THE BOARD OF DIRECTORS DISCRETION AND ON A GRANT BY GRANT BASIS. THE DIRECTORS' CONSULTING FEES FUNDED THROUGH THE KAUFFMAN GRANT WILL ENDED IN NOVEMBER 2019. FOR 2020, THE CO EXECUTIVE DIRECTORS WILL RECEIVE CONSULTING FEE THROUGH "CODE BOOT CAMP" BUT AT A LOWER AMOUNT THAN 2019 LEVELS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST. FINANCIAL FORMS ARE POSTED ONLINE AT GUIDESTAR.ORG ANNUAL REPORTS ARE MAILED TO MEMBERS & SUPPORTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACT LABOR 172,963 44,838 22,419 PROGRAM EXPENSES 37,101 0 0 TOTAL 210,064 44,838 22,419
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOOK / TAX DEPRECIATION DIFFERENCE -6,935
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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ReturnHeader/BuildTS02020-11-19 02:30:22Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0GRACE BELANGIA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0207.98.172.90
ReturnHeader/FilingSecurityInformation/IPDt02020-09-09
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ReturnHeader/FilingSecurityInformation/IPTm015:04:13
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0581259294
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BEDINGFIELD MCCUTCHEON & PERRY

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