Civic Intelligence

Make IT Foundation

990 • Fiscal year 2019 • EIN 83-1112894

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 17, 2020

610 SW Alder St Ste 215Portland, OR 97205

(541) 357-9578

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

55th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

98th percentile

91%

Higher net margin than 98% of similar nonprofits.

2019 filings • 501(c)3 • <$500k 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

Score unavailable

No value available

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

Source year 2019

Revenue Growth

Score unavailable

No value available

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

Source year 2019

Assets

$397,370

No earlier filing loaded for comparison.

Net Assets

$397,370

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$442,592

No earlier filing loaded for comparison.

Expenses

$40,683

No earlier filing loaded for comparison.

Net Income

$401,909

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.

$600K$400K$200K$0Assets 2019: $397,370Liabilities 2019: $0Net Assets 2019: $397,3702019Assets 2020: $476,928Liabilities 2020: $4,884Net Assets 2020: $472,0442020Assets 2021: $491,465Liabilities 2021: $57Net Assets 2021: $491,4082021Assets 2022: $458,652Liabilities 2022: $0Net Assets 2022: $458,6522022

Highlighted filing

2019

Assets$397,370
Liabilities$0
Net Assets$397,370

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2019: $442,592Expenses 2019: $40,683Net Income 2019: $401,9092019Revenue 2020: $100,206Expenses 2020: $22,574Net Income 2020: $77,6322020Revenue 2021: $50,059Expenses 2021: $27,862Net Income 2021: $22,1972021Revenue 2022: $11,203Expenses 2022: $44,016Net Income 2022: -$32,8132022

Highlighted filing

2019

Revenue$442,592
Expenses$40,683
Net Income$401,909
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 17, 2020
Return Version
2019v5.1
Gross Receipts
$442,592
Mission and Program Overview

Mission

SEE SCHEDUEL O

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$344,167▲ $344,167
Savings and Temporary Cash Investments-$53,203-
Total Assets$0$397,370▲ $397,370
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$345,000-
Net Assets Without Donor Restrictions-$52,370-
Total Net Assets Fund Balance$0$397,370▲ $397,370
Total Liabilities and Net Assets / Fund Balance$0$397,370▲ $397,370

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$194,167$833$195,000
Land$150,000-$150,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer WheatleyExecutive DirectorPT$2,833$2,833

Board Members and Trustees

NameTitle
John ConnorPresident
Aleah DavisDirector
Holly MuellerDirector
Jacob GambleDirector
Jessica Cranell-mendardDirector
Seile TekleDirector
Alex NelsonSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$442,500
Program Service Revenue
$0
Investment Income
$20
Other Revenue
$72
All Other Contributions
$442,500
Change in Net Assets
$401,909

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
Real Estate Residential1$345,000Appraised
Total Noncash Contributions1$345,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$31,850
Professional Fundraising Fees$6,000
Total Fundraising Expense$6,000
Salaries, Compensation, and Employee Benefits$2,833
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$18,387$3,270-$21,657
Fees for Services Professional Fundraising--$6,000$6,000
Advertising$5,052--$5,052
Current Officers, Directors, Trustees, and Key Employees$2,833--$2,833
Insurance$1,851--$1,851
Office Expenses$1,309--$1,309
Occupancy$836--$836
Depreciation Depletion$833--$833
Fees for Services Accounting-$312-$312
Total Functional Expenses$31,101$3,582$6,000$40,683
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$6,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section B, Line 11B

It will be reviewed by the finance committee before filing, then presented to the board after filing.

Form 990, Part VI, Section B, Line 12C

All board members are covered and required to fill and sign our coi policy at the beginning of each calendar year. There have been no conflicts.

Form 990, Part VI, Section B, Line 15

Compensation was decided by reviewing all available salary and benefits data. Our ed, the only employee, is an independent contractor. Our ed is our first hire and she was hired in october 2019.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Make It Foundation
EIN
83-1112894
Phone
5413579578
Address
610 SW ALDER ST STE 215, PORTLAND, OR 97205

Signing Officer

Name
Alex Nelson
Title
Board Secretary & Treasurer
Phone
5413579578
Signed
2020-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alex Nelson
Formed
2019
Legal Domicile
Or
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
9

Preparer

Firm
Mcdonald Jacobs Pc
Address
520 SW YAMHILL ST STE 500, PORTLAND, OR 97204
Preparer
Sang Ahn
Phone
5032270581
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Management fees: program service expenses 5,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,000. Consulting: program service expenses 13,387. Management and general expenses 3,270. Fundraising expenses 0. Total expenses 16,657.

990 PART I, 1 AND PART III, 1 - ORGANIZATION'S MISSION

Make it foundation's belief that every person deserves the opportunity to advance their skills or ideas for entrepreneurial development in order to create a stable income for themselves remains the guiding principle of our grantmaking. Through our programs focused on organizational support, scholarship, tool grants, and entrepreneurial support, the foundation seeks to fulfill its mission of supporting efforts that promote our mission and, ultimately, a just, equitable, and sustainable society. We believe our work in these program areas will lead to systemic change that improves the lives of people, strengthens communities, and fosters the success of individuals. Fundamental to all make it grantmaking are specific values: - nurturing strong, self-reliant individuals with expanded capacity for accomplishment; - learning how people can create a sense of community; - building healthy communities through collaboration to provide a basis for positive change; - developing leadership to build upon the needs and values of people and to inspire the aspirations and potential of others; and - respecting the diversity of life experiences. The foundation is committed to transparency in its operations.

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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/ExplanationTxt0IT WILL BE REVIEWED BY THE FINANCE COMMITTEE BEFORE FILING, THEN PRESENTED TO THE BOARD AFTER FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS ARE COVERED AND REQUIRED TO FILL AND SIGN OUR COI POLICY AT THE BEGINNING OF EACH CALENDAR YEAR. THERE HAVE BEEN NO CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION WAS DECIDED BY REVIEWING ALL AVAILABLE SALARY AND BENEFITS DATA. OUR ED, THE ONLY EMPLOYEE, IS AN INDEPENDENT CONTRACTOR. OUR ED IS OUR FIRST HIRE AND SHE WAS HIRED IN OCTOBER 2019.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 5,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,000. CONSULTING: PROGRAM SERVICE EXPENSES 13,387. MANAGEMENT AND GENERAL EXPENSES 3,270. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,657.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MAKE IT FOUNDATION'S BELIEF THAT EVERY PERSON DESERVES THE OPPORTUNITY TO ADVANCE THEIR SKILLS OR IDEAS FOR ENTREPRENEURIAL DEVELOPMENT IN ORDER TO CREATE A STABLE INCOME FOR THEMSELVES REMAINS THE GUIDING PRINCIPLE OF OUR GRANTMAKING. THROUGH OUR PROGRAMS FOCUSED ON ORGANIZATIONAL SUPPORT, SCHOLARSHIP, TOOL GRANTS, AND ENTREPRENEURIAL SUPPORT, THE FOUNDATION SEEKS TO FULFILL ITS MISSION OF SUPPORTING EFFORTS THAT PROMOTE OUR MISSION AND, ULTIMATELY, A JUST, EQUITABLE, AND SUSTAINABLE SOCIETY. WE BELIEVE OUR WORK IN THESE PROGRAM AREAS WILL LEAD TO SYSTEMIC CHANGE THAT IMPROVES THE LIVES OF PEOPLE, STRENGTHENS COMMUNITIES, AND FOSTERS THE SUCCESS OF INDIVIDUALS. FUNDAMENTAL TO ALL MAKE IT GRANTMAKING ARE SPECIFIC VALUES: - NURTURING STRONG, SELF-RELIANT INDIVIDUALS WITH EXPANDED CAPACITY FOR ACCOMPLISHMENT; - LEARNING HOW PEOPLE CAN CREATE A SENSE OF COMMUNITY; - BUILDING HEALTHY COMMUNITIES THROUGH COLLABORATION TO PROVIDE A BASIS FOR POSITIVE CHANGE; - DEVELOPING LEADERSHIP TO BUILD UPON THE NEEDS AND VALUES OF PEOPLE AND TO INSPIRE THE ASPIRATIONS AND POTENTIAL OF OTHERS; AND - RESPECTING THE DIVERSITY OF LIFE EXPERIENCES. THE FOUNDATION IS COMMITTED TO TRANSPARENCY IN ITS OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5990 PART I, 1 AND PART III, 1 - ORGANIZATION'S MISSION
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt031101
IRS990/TotalFunctionalExpensesGrp/TotalAmt040683
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IRS990/TotalRevenueGrp/ExclusionAmt092
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0442592
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
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IRS990/TotReportableCompRltdOrgAmt00
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ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD SECRETARY & TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05413579578
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-17
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06C9B1A35775087DBDB8A6D25ECA509C7F6C27838
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06C9B1A35775087DBDB8A6D25ECA509C7F6C27838
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.204.228.78
ReturnHeader/FilingSecurityInformation/IPDt02020-06-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm020:45:00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0930900579
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCDONALD JACOBS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0520 SW YAMHILL ST STE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORTLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd097204
ReturnHeader/PreparerPersonGrp/PhoneNum05032270581
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SANG AHN
ReturnHeader/ReturnTs02020-06-18T12:02:54-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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