Civic Intelligence

Twinstate Makerspaces Inc.

990EZ • Fiscal year 2017 • EIN 47-1285995

Jul 01, 2016 to Jun 30, 2017 • Filed on Apr 09, 2018

PO Box 100Lebanon, NH 03766-1726

(603) 504-3419

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.05x

Higher debt load relative to assets than 73% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

80th percentile

25%

Higher net margin than 80% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

91st percentile

$47,000

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 45.6% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

$34,067

No earlier filing loaded for comparison.

Net Assets

$32,262

No earlier filing loaded for comparison.

Liabilities

$1,805

No earlier filing loaded for comparison.

Revenue

$103,129

No earlier filing loaded for comparison.

Expenses

$77,255

No earlier filing loaded for comparison.

Net Income

$25,874

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2017: $34,067Liabilities 2017: $1,805Net Assets 2017: $32,2622017Assets 2018: $752,138Liabilities 2018: $4,012Net Assets 2018: $748,1262018Assets 2019: $746,162Liabilities 2019: $8,740Net Assets 2019: $737,4222019Assets 2020: $933,423Liabilities 2020: $46,305Net Assets 2020: $887,1182020Assets 2021: $1,051,678Liabilities 2021: $107,046Net Assets 2021: $944,6322021Assets 2022: $1,014,458Liabilities 2022: $101,949Net Assets 2022: $912,5092022Assets 2023: $990,840Liabilities 2023: $100,490Net Assets 2023: $890,3502023Assets 2024: $961,097Liabilities 2024: $99,400Net Assets 2024: $861,6972024

Highlighted filing

2017

Assets$34,067
Liabilities$1,805
Net Assets$32,262

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $103,129Expenses 2017: $77,255Net Income 2017: $25,8742017Revenue 2018: $826,886Expenses 2018: $111,022Net Income 2018: $715,8642018Revenue 2019: $182,935Expenses 2019: $193,639Net Income 2019: -$10,7042019Revenue 2020: $327,739Expenses 2020: $178,043Net Income 2020: $149,6962020Revenue 2021: $226,998Expenses 2021: $169,484Net Income 2021: $57,5142021Revenue 2022: $116,539Expenses 2022: $148,662Net Income 2022: -$32,1232022Revenue 2023: $98,036Expenses 2023: $120,195Net Income 2023: -$22,1592023Revenue 2024: $103,305Expenses 2024: $131,958Net Income 2024: -$28,6532024

Highlighted filing

2017

Revenue$103,129
Expenses$77,255
Net Income$25,874
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Apr 9, 2018
Return Version
2016v3.1
Gross Receipts
$103,129
Mission and Program Overview

Mission

To provide a combination of artist studios, classrooms, and business incubators focued on the act of making things and to provide for job training and economic development in low income census tracts in northern new england.

Program Services

DescriptionGrantsExpenses
TO PROVIDE A COMBINATION OF ARTIST STUDIOS, CLASSROOMS, AND BUSINESS INCUBATORS FOCUSED ON THE ACT OF MAKING THINGS AND TO PROVIDE FOR JOB TRAINING AND ECONOMIC DEVELOPMENT IN LOW INCOME CENSUS TRACTS IN NORTHERN NEW ENGLAND.-$53,755
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSHUA BUSHUEFFAssistant DiFT$47,000-$47,000
JEREMY KATZTreasurerPT$0--
STEVEN GOLDSMITHPresidentPT$0--
DAVID AUERBACHDirector-$0--
TOM HOYTDirector-$0--
MIKE DAVIDSONDirector-$0--
EDWARD VILANDRIEDirector-$0--
RICHARD ACKERMANDirector-$0--
Filing and Contact Details

Filer

Filer Name
Twinstate Makerspaces Inc
EIN
47-1285995
Phone
6035043419
Address
PO BOX 100, LEBANON, NH 03766-1726

Signing Officer

Name
Jeremy Katz
Title
Treasurer
Phone
6035043419
Signed
2018-04-09
Discuss with paid preparer
Yes

Preparer

Firm
Day Seckler Llp
Address
300 WESTAGE BUSINESS CENTER STE 403, FISHKILL, NY 12524-2236
Preparer
Kathryn Seckler CPA
Phone
8457650705
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office 486 insurance 1,365 bank service fee 4,250 licenses and permit 5,933 total 12,034

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 224 payroll liability 1,427 1,581 loan from founders 7,500 0

Form 990-ez, Part III

To provide a combination of artist studios, classrooms, and business incubators focued on the act of making things and to provide for job training and economic development in low income census tracts in northern new england.

Form 990-ez, Part III, Line 28

To provide a combination of artist studios, classrooms, and business incubators focused on the act of making things and to provide for job training and economic development in low income census tracts in northern new england.

Raw XML Appendix154 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 486 INSURANCE 1,365 BANK SERVICE FEE 4,250 LICENSES AND PERMIT 5,933 TOTAL 12,034
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 224 PAYROLL LIABILITY 1,427 1,581 LOAN FROM FOUNDERS 7,500 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROVIDE A COMBINATION OF ARTIST STUDIOS, CLASSROOMS, AND BUSINESS INCUBATORS FOCUED ON THE ACT OF MAKING THINGS AND TO PROVIDE FOR JOB TRAINING AND ECONOMIC DEVELOPMENT IN LOW INCOME CENSUS TRACTS IN NORTHERN NEW ENGLAND.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02018-03-14 21:41:22Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JEREMY KATZ
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ReturnHeader/BusinessOfficerGrp/PhoneNum06035043419
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
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ReturnHeader/PreparerPersonGrp/PhoneNum08457650705
ReturnHeader/PreparerPersonGrp/PreparationDt02018-04-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHRYN SECKLER CPA
ReturnHeader/ReturnTs02018-04-09T11:35:40-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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