Port City Makerspace
EIN: 611707206 · Portsmouth, NH · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $258K |
| Total Expenses | $170K |
| Net Assets | $312K |
Is Port City Makerspace Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Port City Makerspace
Port City Makerspace (EIN: 611707206) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code P20. The organization reported total revenue of $258K and total assets of $347K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Port City Makerspace's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Port City Makerspace is a small nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 18.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $251K |
| Total Expenses | $170K |
| Surplus / Deficit | +$80K |
| Total Assets | $316K |
| Total Liabilities | $4K |
| Net Assets | $312K |
| Operating Margin | 32.1% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 22.3 months |
Financial Health Grade: A
In 2023, Port City Makerspace reported a surplus of $80K with revenue exceeding expenses, holds 22.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Port City Makerspace's revenue has grown at a compound annual growth rate (CAGR) of 18.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.8% | +17.1% | +36.7% |
| 2022 | +35.0% | +7.4% | +42.7% |
| 2021 | +13.3% | +27.8% | +17.1% |
| 2020 | +1.5% | -1.9% | +29.4% |
| 2019 | +13.4% | +13.2% | +44.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Port City Makerspace 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 Port City Makerspace 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 $80K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about Port City Makerspace
Is Port City Makerspace a legitimate charity?
Port City Makerspace (EIN: 611707206) is a registered tax-exempt nonprofit based in New Hampshire. It has 9 years of IRS 990 filings on record. Total revenue: $258K. No red flags identified. Financial health grade: A.
How does Port City Makerspace spend its money?
Port City Makerspace reported $258K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Port City Makerspace tax-deductible?
Port City Makerspace is registered as a tax-exempt nonprofit (EIN: 611707206). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Port City Makerspace located?
Port City Makerspace is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 611707206. It is classified under NTEE code P20.
How many years of IRS 990 filings does Port City Makerspace have?
Port City Makerspace has 9 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 $258K in total revenue.
Filing History
IRS 990 filing history for Port City Makerspace showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Port City Makerspace's revenue has grown by 292.9%, moving from $64K to $251K. Total assets increased by 1488.3% over the same period, from $20K to $316K. Total functional expenses rose by 236.3%, from $51K to $170K. In its most recent filing year (2023), Port City Makerspace reported a surplus of $80K, with revenue exceeding expenses. The organization holds $4K in liabilities against $316K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $312K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $251K | $170K | $316K | $4K | — | — |
| 2022 | $215K | $145K | $231K | $0 | — | View 990 |
| 2021 | $159K | $135K | $162K | $0 | — | View 990 |
| 2020 | $140K | $106K | $138K | $0 | — | View 990 |
| 2019 | $138K | $108K | $107K | $3K | — | View 990 |
| 2018 | $122K | $95K | $74K | $0 | — | View 990 |
| 2017 | $107K | $89K | $47K | $0 | — | View 990 |
| 2016 | $79K | $69K | $29K | $3 | — | View 990 |
| 2015 | $64K | $51K | $20K | $610 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $251K, expenses of $170K, and assets of $316K (revenue +16.8% year-over-year).
- 2022: Revenue of $215K, expenses of $145K, and assets of $231K (revenue +35.0% year-over-year).
- 2021: Revenue of $159K, expenses of $135K, and assets of $162K (revenue +13.3% year-over-year).
- 2020: Revenue of $140K, expenses of $106K, and assets of $138K (revenue +1.5% year-over-year).
- 2019: Revenue of $138K, expenses of $108K, and assets of $107K (revenue +13.4% year-over-year).
- 2018: Revenue of $122K, expenses of $95K, and assets of $74K (revenue +13.5% year-over-year).
- 2017: Revenue of $107K, expenses of $89K, and assets of $47K (revenue +36.6% year-over-year).
- 2016: Revenue of $79K, expenses of $69K, and assets of $29K (revenue +23.1% year-over-year).
- 2015: Revenue of $64K, expenses of $51K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Port City Makerspace:
Data Sources and Methodology
This transparency report for Port City Makerspace 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.