Overview
What is Makehaven Inc?
Makehaven Inc is a nonprofit organization situated in New Haven, Connecticut, with a specific address at 770 Chapel Street, ZIP code 06510. Their primary aim is to empower individuals by providing them with essential tools for designing, inventing, and creating. This is facilitated through a well-maintained lab, where volunteers are present 4-5 days a week, offering hands-on experience in various fields such as woodworking, sewing, fabrication, electronics, and bike repair. Their vision is to enrich the New Haven area by fostering creativity and entrepreneurship. With a small staff of 4 individuals, Makehaven Inc serves as a hub for innovation and learning in the community.
Official website here: www.makehaven.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating.
Makehaven Inc shows a strong commitment to transparency and effective financial management, reflected in its impressive 90% Accountability & Finance score. The organization boasts a fully independent board comprising nine members, a clean record with no material diversion of assets, and compliance with essential governance policies, including conflict of interest and whistleblower protections. Their effective use of funds is highlighted by a program expense ratio of 74.33%, indicating a clear focus on their mission-driven activities.
With a Culture & Community score of 83, Makehaven Inc demonstrates a positive organizational culture, though there may still be areas for improvement in community engagement and outreach. The nonprofit's financial health is solid, as evidenced by a liabilities to assets ratio of 28.08%, suggesting they maintain reasonable levels of debt relative to their assets. Overall, the organization appears to operate responsibly and effectively toward its goals.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Makehaven Inc?
100% of 17 reviewers on Facebook recommend Makehaven Inc. Here is a summary of their reviews:
Many patrons express admiration for the dedicated staff and the inspiring atmosphere that fosters creativity and collaboration. The energy within the space is highlighted as exceptional, making it a unique environment for individuals and groups alike.
Overall, it seems that Makehaven Inc effectively fulfills its mission, providing a supportive and engaging space for collaboration and innovation. The overwhelmingly positive sentiment indicates that users are quite pleased with their experiences at this nonprofit.
This AI summary has been generated from reviews found on Facebook.
Is Makehaven Inc legitimate?
Makehaven Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Makehaven Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $212,280
For more financial information, click here
Official website here: www.makehaven.org
What is the mission statement of Makehaven Inc?
Makehaven Inc's mission is centered around equipping individuals with the necessary tools for design, invention, and creation. This mission is underpinned by a vision that fosters creativity and entrepreneurship, ultimately enriching the relevant community. The organization maintains a learning lab, where volunteers facilitate the use of equipment such as woodworking tools, sewing machines, fabrication equipment, electronics, and bike repair tools, providing opportunities for exploration and skill development, four to five days a week.
Official website here: www.makehaven.org
Who is the CEO of Makehaven Inc?
John R Logan is the Executive Director of Makehaven Inc.
Official website here: www.makehaven.org
What is the revenue of Makehaven Inc?
Makehaven Inc's revenue in 2022 was $498,281.
Official website here: www.makehaven.org
Who are the executives of Makehaven Inc and what are their salaries?
The average compensation at Makehaven Inc during 2022 was $53,070. There are 4 employees and 100 volunteers at Makehaven Inc.
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Official website here: www.makehaven.org
Where can I find the form 990 for Makehaven Inc?
Makehaven Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.makehaven.org
Learn more at the official website: www.makehaven.org
Mission Statement of Makehaven Inc
Makehaven Inc, a nonprofit organization, is dedicated to equipping individuals with the essential tools for designing, inventing, and creating. Its mission is to foster an environment where creativity and entrepreneurship thrive. By providing a maintained lab for exploration, Makehaven Inc encourages participants to engage in various activities such as woodworking, sewing, fabrication, electronics, and bike repair. This learning and equipment facilitation is primarily driven by volunteer efforts, occurring 4-5 days a week. Through these initiatives, Makehaven Inc seeks to enrich the New Haven area by nurturing creativity, inspiring innovation, and promoting a spirit of entrepreneurship.
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Impact
July, 2024
Makehaven Inc has a significant impact on the New Haven area by equipping individuals with the tools and resources needed to design, invent, and create. Through its maintained lab and volunteer-facilitated learning sessions, Makehaven offers a wide range of opportunities for participants to explore woodworking, sewing, fabrication, electronics, and bike repair. By fostering a community focused on creativity and entrepreneurship, Makehaven plays a key role in enriching the local area and empowering individuals to pursue their innovative ideas.
This information is meant to be a general summary of Makehaven Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $94
- Program Service Revenue: $73,834
- Gross Receipts: $522,136
Assets and Liabilities:
- Total Assets: $234,027
- Total Liabilities: $65,725
- Net Assets: $168,302
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Other Income
Revenue
$73,834
Organization Details
Founding Year
2012
Principal Officer
John R Logan
Main Address
770 Chapel Street, New Haven, CT, 06510
Website
www.makehaven.orgNTEE Category
Code: B90 - Education
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