Make Startups Institute Inc

“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.”

“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.”

“Currently the two executive directors are not paid by hack augusta as employees. They are paid as contractors but only through specific grant allocations that are outside of the board of directors discretion. At the end of both grants, the directors current consulting fees will end unless another grant approves a similar consulting fee.”

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

“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.”

“The kauffman foundation provided two years of funding for start up life beginning in november 2017. Robert w. Johnson foundation provided a 2 year grant through augusta university for their resident in training program beginning in april 2017. The two programs primary goal is to coach and mentor budding entrepreneurs with the tools to run a business, raise capital & pitch business proposals etc.”

“Contract labor 92,565 0 0”

“Depreciation was improperly recorded in prior years. An adjustment to accumulated depreciation was required.”