Civic Intelligence

Make IT Foundation

990 • Fiscal year 2021 • EIN 83-1112894

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 02, 2022

7805 SW Hunziker RdPortland, OR 97223

(503) 332-6527

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

84th percentile

44%

Higher net margin than 84% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

80th percentile

$5,850

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 11.7% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

46th percentile

3.0%

Faster asset growth than 46% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

17th percentile

-50%

Faster revenue growth than 17% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$491,465

Up $14,537 (+3.0%) from 2020

Net Assets

Up

$491,408

Up $19,364 (+4.1%) from 2020

Liabilities

Down

$57

Down $4,827 (-99%) from 2020

Revenue

Down

$50,059

Down $50,147 (-50%) from 2020

Expenses

Up

$27,862

Up $5,288 (+23%) from 2020

Net Income

Down

$22,197

Down $55,435 (-71%) from 2020

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

2021

Assets$491,465
Liabilities$57
Net Assets$491,408

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

2021

Revenue$50,059
Expenses$27,862
Net Income$22,197
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 2, 2022
Return Version
2021v4.1
Gross Receipts
$50,059
Mission and Program Overview

Mission

SEE SCHEDUEL O

Make it foundation's belief that every person deserves the opportunityto advance their skills or ideas for entrepreneurial development inorder to create a stable income for themselves remains the guidingprinciple of our grantmaking.tool grants, and entrepreneurial support, the foundation seeks tofulfill 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 changethat improves the lives of people, strengthens communities, and fostersthe success of individuals.fundamental to all make it grantmaking are specific values:- nurturing strong, self-reliant individuals with expanded capacity foraccomplishment;- learning how people can create a sense of community;- building healthy communities through collaboration to provide a basisfor positive change;- developing leadership to build upon the needs and values of peopleand to i

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$415,601$408,694▼ $6,907
Savings and Temporary Cash Investments$61,327$82,771▲ $21,444
Total Assets$476,928$491,465▲ $14,537
Liabilities
Accounts Payable and Accrued Expenses$2,833--
Other Liabilities$2,051$57▼ $1,994
Total Liabilities$4,884$57▼ $4,827
Net Assets / Fund Balance
Net Assets With Donor Restrictions$345,000$345,000→ $0
Net Assets Without Donor Restrictions$127,044$146,408▲ $19,364
Total Net Assets Fund Balance$472,044$491,408▲ $19,364
Total Liabilities and Net Assets / Fund Balance$476,928$491,465▲ $14,537

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$184,167$10,833$195,000
Land$150,000-$150,000
Other Land Buildings$74,527$16,264$90,791
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer WheatleyExecutive DirectorPT$5,850$5,850

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
$50,024
Program Service Revenue
$0
Investment Income
$35
Other Revenue
$0
All Other Contributions
$50,024
Change in Net Assets
$22,197
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$24,845
Salaries, Compensation, and Employee Benefits$3,017
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$12,937--$12,937
Other Expenses$3,682--$3,682
Office Expenses$2,843$265-$3,108
Current Officers, Directors, Trustees, and Key Employees$3,017--$3,017
Fees for Services Accounting-$2,810-$2,810
Insurance$1,503--$1,503
Advertising$600--$600
Travel$205--$205
Total Functional Expenses$24,787$3,075$0$27,862
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card$57
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
5033326527
Address
7805 SW HUNZIKER RD, PORTLAND, OR 97223

Signing Officer

Name
Alex Nelson
Title
Board Secretary & Treasurer
Phone
5033326527
Signed
2022-03-02
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
8

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 XI, LINE 9:

Accrual to cash adjustment -2,833.

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/ExplanationTxt4ACCRUAL TO CASH ADJUSTMENT -2,833.
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 XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5990 PART I, 1 AND PART III, 1 - ORGANIZATION'S MISSION
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCDONALD JACOBS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0520 SW YAMHILL ST STE 500
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd097204
ReturnHeader/PreparerPersonGrp/PhoneNum05032270581
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SANG AHN
ReturnHeader/ReturnTs02022-03-04T11:18:08-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ALEX
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NELSON
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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