Civic Intelligence

Triple Cities Makerspace Inc

EIN 46-3335408 • 501(c)3 • Binghamton, NY

Profile

Bringing together hackers, makers, artists, geeks, and technology enthusiasts

PO Box 1441Binghamton, NY 13902

www.tcmakerspace.com

Siviq Scores

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

Liabilities / Assets

85th percentile

0.31x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

91st percentile

0.44x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

19th percentile

-28%

Higher net margin than 19% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

98th percentile

$59,000

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 50.3% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

32nd percentile

-18%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

65th percentile

11%

Faster revenue growth than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$166,884

Down $35,657 (-18%) from 2021

Liabilities

Down

$51,609

Down $2,260 (-4.2%) from 2021

Net Assets

Down

$115,275

Down $33,397 (-22%) from 2021

Revenue

Up

$117,225

Up $11,760 (+11%) from 2021

Expenses

Down

$150,619

Down $4,596 (-3.0%) from 2021

Net Income

Up

-$33,394

Up $16,356 (+33%) from 2021

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2019: $204,857Liabilities 2019: $62,179Net Assets 2019: $142,6782019Assets 2020: $256,829Liabilities 2020: $58,407Net Assets 2020: $198,4222020Assets 2021: $202,541Liabilities 2021: $53,869Net Assets 2021: $148,6722021Assets 2022: $166,884Liabilities 2022: $51,609Net Assets 2022: $115,2752022

Highlighted filing

2022

Assets$166,884
Liabilities$51,609
Net Assets$115,275

Operations Trend

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

$200K$100K$0-$100KRevenue 2019: $156,058Expenses 2019: $22,618Net Income 2019: $133,4402019Revenue 2020: $93,461Expenses 2020: $37,717Net Income 2020: $55,7442020Revenue 2021: $105,465Expenses 2021: $155,215Net Income 2021: -$49,7502021Revenue 2022: $117,225Expenses 2022: $150,619Net Income 2022: -$33,3942022

Highlighted filing

2022

Revenue$117,225
Expenses$150,619
Net Income-$33,394

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$117,225
Mission and Program Overview

Mission

Bringing together hackers, makers, artists, geeks, and technology enthusiasts.

Bringing together hackers, makers, artists, geeks, and technology enthusiasts

Program Services

DescriptionGrantsExpenses
BRINGING TECHNOLOGY ARTISTS TOGETHER WITH WORKSHOPS, CLASSES, ETC$0$10,010
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHEN MUSOKExecutive DirectorFT$59,000-$59,000
DAVID WEINTRAUBBoard Member-$0--
GARY DEWEYBoard Member-$0--
SAMANTHA CAMERONBoard Member (Former)-$0--
ERIK LEONARDPresident (Former)-$0--
CLIFF BURGERVice President (Former)-$0--
NINA SPENCERSecretaryPT$0--
DAVID BURCHPresidentPT$0--
JOHN FLINNVice PresidentPT$0--
BRYCE REYNOLDSTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Triple Cities Makerspace Inc
EIN
46-3335408
Phone
6076999078
Address
PO BOX 1441, BINGHAMTON, NY 13902

Signing Officer

Name
Stephen Musok
Title
Executive Director
Phone
6076999078
Signed
2023-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Vieira & Associates Cpas Pc
Address
111 GRANT AVE STE 106, ENDICOTT, NY 13760
Preparer
Nicole R Mayers CPA
Phone
6077231272
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: other income. Amount: 1,500. Description: interest. Amount: 41. Description: unusual grant/reimbursements. Amount: 643. Total to form 990-ez, line 8: 2,184. Total to form 990-ez, line 14: 39,599.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 29,307. Description: other expenses. Amount: 10,292.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: purchases. Amount: 9,873. Description: payroll taxes. Amount: 4,998. Description: interest expense. Amount: 2,627. Description: office expense. Amount: 2,457. Description: payment processing fees. Amount: 653. Description: dues. Amount: 163. Description: advertising. Amount: 137. Description: sales tax. Amount: 65. Total to form 990-ez, line 16: 20,973.

Form 990-ez, Part II, Line 24 - Other Assets

Description: grants receivable. Beg. Of year amount: 41,804. End of year amount: 17,694. Description: accounts receivable. Beg. Of year amount: 0. End of year amount: 855. Description: prepaid expense. Beg. Of year amount: 0. End of year amount: 3,500. Description: other depreciable assets. Beg. Of year amount: 94,581. End of year amount: 70,925.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable and accrued expenses. Beg. Of year amount: 0. End of year amount: 456. Description: mortgage payable. Beg. Of year amount: 53,869. End of year amount: 50,953. Description: deferred revenue/prepaid dues. Beg. Of year amount: 0. End of year amount: 200.

Raw XML Appendix240 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6PRESIDENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 29,307. DESCRIPTION: OTHER EXPENSES. AMOUNT: 10,292.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PURCHASES. AMOUNT: 9,873. DESCRIPTION: PAYROLL TAXES. AMOUNT: 4,998. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 2,627. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 2,457. DESCRIPTION: PAYMENT PROCESSING FEES. AMOUNT: 653. DESCRIPTION: DUES. AMOUNT: 163. DESCRIPTION: ADVERTISING. AMOUNT: 137. DESCRIPTION: SALES TAX. AMOUNT: 65. TOTAL TO FORM 990-EZ, LINE 16: 20,973.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: GRANTS RECEIVABLE. BEG. OF YEAR AMOUNT: 41,804. END OF YEAR AMOUNT: 17,694. DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 855. DESCRIPTION: PREPAID EXPENSE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 3,500. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 94,581. END OF YEAR AMOUNT: 70,925.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 456. DESCRIPTION: MORTGAGE PAYABLE. BEG. OF YEAR AMOUNT: 53,869. END OF YEAR AMOUNT: 50,953. DESCRIPTION: DEFERRED REVENUE/PREPAID DUES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 200.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/ReturnTs02023-11-13T07:17:17-06:00
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ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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