Civic Intelligence

Higher Education Makerspaces Initiative Inc.

EIN 82-4508587 • 501(c)3 • Cambridge, MA

Pub. 78 Eligible990-N CoverageNTEE B03

Profile

The Higher Education Makerspaces Initiatives HEMI is a collaborative of leading universities focused on solving the challenges of academic makerspaces and making their combined learnings available to others. HEMI hosts an annual convention and publishes an electronic academic journal.

77 Massachusetts Ave 35 327Cambridge, MA 02139-4301

hemi-makers.org

Siviq Scores

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

Liabilities / Assets

76th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE B03 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

77th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE B03 • <$500k nonprofits • Source year 2023

Net Margin

60th percentile

18%

Higher net margin than 60% of similar nonprofits.

NTEE B03 • <$500k nonprofits • Source year 2023

Top Officer Pay

88th percentile

$0

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE B03 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Balance Sheet
Liabilities / Assets76th percentile

Assets

$107,324

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$107,324

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue77th percentileNet Margin60th percentile

Revenue

$257,235

No earlier filing loaded for comparison.

Expenses

$211,440

No earlier filing loaded for comparison.

Net Income

$45,795

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$150K$100K$50K$0Assets 2023: $107,324Liabilities 2023: $0Net Assets 2023: $107,3242023

Highlighted filing

2023

Assets$107,324
Liabilities$0
Net Assets$107,324
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0Revenue 2023: $257,235Expenses 2023: $211,440Net Income 2023: $45,7952023

Highlighted filing

2023

Revenue$257,235
Expenses$211,440
Net Income$45,795
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$107,324
Liabilities
$0
Net assets
$107,324
Revenue
$257,235
Expenses
$211,440
Net income
$45,795
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$2.57$2.11$0.46
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 16, 2024
Return Version
2022v5.0
Gross Receipts
$257,235
Mission and Program Overview

Mission

The Higher Education Makerspaces Initiatives HEMI is a collaborative of leading universities focused on solving the challenges of academic makerspaces and making their combined learnings available to others. HEMI hosts an annual convention and publishes an electronic academic journal.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$32,686$107,324▲ $74,638
Rtn Earn Endowment Incm Other Fnds$32,686$107,324▲ $74,638
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$32,686$107,324▲ $74,638
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$32,686$107,324▲ $74,638
Total Liabilities and Net Assets / Fund Balance$32,686$107,324▲ $74,638
Compensation and Service Providers
Top Officer Pay88th percentile

Board Members and Trustees

NameTitle
Marlo KohnPresident
Jonathan HuntTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$257,235
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$45,795
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$202,822
Grants and Similar Amounts Paid$8,618
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$0$28,404$0$28,404
Grants to Domestic Individuals$8,618--$8,618
Fees for Services Other$0$8,010$0$8,010
Other Expenses$5,742$0$0$5,742
All Other Expenses$5,000$0$0$5,000
Total Functional Expenses$175,026$36,414$0$211,440
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Management duties delegated
No

Governance Explanations

Part VI, Section B, Line 11A

“The governing body has been briefed on the financial report which contains the data included and there is not time to provide the members a copy before filling as today is the deadline.”

Part VI, Section C, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Higher Education Makerspaces Initiative Inc
EIN
82-4508587
In Care Of
% Jonathan Hunt
Address
77 MASSACHUSETTS AVE 35 327, CAMBRIDGE, MA 02139-4301

Signing Officer

Name
Jonathan McIndoe Hunt
Title
Treasurer
Signed
2024-04-16
Discuss with paid preparer
No

Organization Details

Formed
2018
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
20
Supplemental Narrative

Additional Explanations

Part IX, line 11G

“| Description:, Amount:| Honorariums for teaching courses during conference, $8010|”

Raw XML AppendixShowing 400 of 409 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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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0277470
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0143735
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0143735
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt0287470
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0143735
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0143735
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0287470
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt08618
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Travel expenses
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt022
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Students submitted travel information during the application process and were only paid grants after attendance at the conference
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1| Type of grant or assistance:, Number of recipients:, How number of recipients was estimated?:| Travel expenses, 22, Number of grants awarded|
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1Part III Column (b)
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The governing body has been briefed on the financial report which contains the data included and there is not time to provide the members a copy before filling as today is the deadline.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Description:, Amount:| Honorariums for teaching courses during conference, $8010|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI, Section B, Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part IX, line 11g
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsEOYAmt0107324
IRS990/TotalAssetsGrp/BOYAmt032686
IRS990/TotalAssetsGrp/EOYAmt0107324
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt036414
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0175026
IRS990/TotalFunctionalExpensesGrp/TotalAmt0211440
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt032686
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0107324
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0175026
IRS990/TotalProgramServiceRevenueAmt0257235
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0257235
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0257235
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt032686
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0107324
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt077 MASSACHUSETTS AVE 35 327
IRS990/USAddress/CityNm0CAMBRIDGE
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd0021394301
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Jonathan McIndoe Hunt
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HIGHER EDUCATION MAKERSPACES INITIATIVE INC
ReturnHeader/Filer/BusinessNameControlTxt0HIGH
ReturnHeader/Filer/EIN0824508587
ReturnHeader/Filer/ForeignPhoneNum06172530172
ReturnHeader/Filer/InCareOfNm0% Jonathan Hunt
ReturnHeader/Filer/USAddress/AddressLine1Txt077 MASSACHUSETTS AVE 35 327
ReturnHeader/Filer/USAddress/CityNm0CAMBRIDGE

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