Makeit Labs
EIN: 452258590 · Nashua, NH · NTEE: U99
| Metric | Value |
|---|---|
| Total Revenue | $340K |
| Total Expenses | $185K |
| Net Assets | $779K |
Is Makeit Labs Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Makeit Labs
Makeit Labs (EIN: 452258590) is a nonprofit organization based in Nashua, NH, classified under NTEE code U99. The organization reported total revenue of $340K and total assets of $856K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Makeit Labs's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Makeit Labs is a small nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 20.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $266K |
| Total Expenses | $185K |
| Surplus / Deficit | +$81K |
| Total Assets | $779K |
| Net Assets | $779K |
| Operating Margin | 30.6% |
| Months of Reserves | 50.5 months |
Financial Health Grade: A
In 2023, Makeit Labs reported a surplus of $81K with revenue exceeding expenses, holds 50.5 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Makeit Labs's revenue has grown at a compound annual growth rate (CAGR) of 20.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.2% | +32.7% | +11.7% |
| 2022 | +36.2% | +15.8% | +21.6% |
| 2021 | -15.2% | -5.7% | +14.6% |
| 2020 | -27.1% | +12.5% | +5.4% |
| 2019 | +71.9% | +6.6% | +61.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1280 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Makeit Labs has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Makeit Labs with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $81K, with revenue exceeding expenses.
Frequently Asked Questions about Makeit Labs
Is Makeit Labs a legitimate charity?
Makeit Labs (EIN: 452258590) is a registered tax-exempt nonprofit based in New Hampshire. It has 10 years of IRS 990 filings on record. Total revenue: $340K. No red flags identified. Financial health grade: A.
How does Makeit Labs spend its money?
Makeit Labs reported $340K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Makeit Labs tax-deductible?
Makeit Labs is registered as a tax-exempt nonprofit (EIN: 452258590). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Makeit Labs located?
Makeit Labs is headquartered in Nashua, New Hampshire and files with the IRS under EIN 452258590. It is classified under NTEE code U99.
How many years of IRS 990 filings does Makeit Labs have?
Makeit Labs has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $340K in total revenue.
Filing History
IRS 990 filing history for Makeit Labs showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Makeit Labs's revenue has grown by 414.6%, moving from $52K to $266K. Total assets increased by 5626.1% over the same period, from $14K to $779K. Total functional expenses rose by 323.3%, from $44K to $185K. In its most recent filing year (2023), Makeit Labs reported a surplus of $81K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $266K | $185K | $779K | $0 | — | — |
| 2022 | $263K | $139K | $697K | $0 | — | View 990 |
| 2021 | $193K | $120K | $573K | $0 | — | View 990 |
| 2020 | $228K | $128K | $500K | $0 | — | View 990 |
| 2019 | $313K | $113K | $475K | $75K | — | View 990 |
| 2018 | $182K | $106K | $293K | $93K | — | View 990 |
| 2017 | $188K | $111K | $125K | $0 | — | View 990 |
| 2016 | $107K | $95K | $47K | $0 | — | View 990 |
| 2015 | $86K | $64K | $35K | $0 | — | View 990 |
| 2014 | $52K | $44K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $266K, expenses of $185K, and assets of $779K (revenue +1.2% year-over-year).
- 2022: Revenue of $263K, expenses of $139K, and assets of $697K (revenue +36.2% year-over-year).
- 2021: Revenue of $193K, expenses of $120K, and assets of $573K (revenue -15.2% year-over-year).
- 2020: Revenue of $228K, expenses of $128K, and assets of $500K (revenue -27.1% year-over-year).
- 2019: Revenue of $313K, expenses of $113K, and assets of $475K (revenue +71.9% year-over-year).
- 2018: Revenue of $182K, expenses of $106K, and assets of $293K (revenue -3.3% year-over-year).
- 2017: Revenue of $188K, expenses of $111K, and assets of $125K (revenue +75.7% year-over-year).
- 2016: Revenue of $107K, expenses of $95K, and assets of $47K (revenue +24.9% year-over-year).
- 2015: Revenue of $86K, expenses of $64K, and assets of $35K (revenue +65.7% year-over-year).
- 2014: Revenue of $52K, expenses of $44K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Makeit Labs:
Data Sources and Methodology
This transparency report for Makeit Labs is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.