Overview
What is Syn Shop?
Syn Shop, located at 5967 Harrison Dr, Las Vegas, NV 89120, is a nonprofit organization dedicated to fostering creativity within the local community. By providing access to various advanced fabrication tools such as woodshops, metalworking facilities, metalcasting/welding areas, laser cutters, electronics fabrication tools, and 3D printers, Syn Shop empowers individuals to explore and innovate using these technologies. Their mission is to educate and enable the broader Las Vegas community in the creative application of both emerging and established fabrication techniques. They continually invest in tool purchases to enhance their facilities and offer superior equipment to their members, supporting their mission. Syn Shop is committed to pursuing any lawful activities related to these technologies, thereby contributing positively to the community.
Official website here: www.synshop.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, Two-Star out of Four Stars
Syn Shop has received a Two-Star rating from Charity Navigator, indicating a moderate level of effectiveness and accountability. The charity demonstrates strengths such as having a fully independent board of directors and no material diversion of assets, which are positive indicators of governance and financial integrity.
However, the organization faces significant limitations, particularly in its accountability practices. Notably, it lacks essential policies like a conflict of interest policy, a whistleblower policy, and documentation regarding the retention and destruction of records, which raises concerns about transparency and risk management.
Financially, the charity shows a reasonable program expense ratio of 61.77%, implying that a majority of its resources are directed towards its mission. However, the overall accountability and finance score of 66 suggests that there is room for improvement in operational governance to enhance donor confidence and organizational efficacy.
This AI summary has been generated from information found on Charity Navigator.
Is Syn Shop legitimate?
Syn Shop is a legitimate nonprofit organization registered as a 501(c)(3) entity. Syn Shop 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:
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Official website here: www.synshop.org
What is the mission statement of Syn Shop?
Syn Shop's mission is centered around educating and empowering the local community in Las Vegas, focusing on the creative application of various fabrication technologies. The organization is committed to pursuing any lawful activities related to these technologies. They have established and maintained a facility, known as SYNShop, which provides access to resources such as woodshops, metalworking facilities, laser cutters, and 3D printers. The goal is to enhance these facilities with tool purchases and offer better equipment to its members, all in support of its mission.
Official website here: www.synshop.org
Who is the CEO of Syn Shop?
Aakin Patel is the President of Syn Shop.
Official website here: www.synshop.org
What is the revenue of Syn Shop?
Syn Shop's revenue in 2022 was $46,807.
Official website here: www.synshop.org
Who are the executives of Syn Shop and what are their salaries?
There 60 volunteers at Syn Shop.
Here are 9 key members and their salaries:
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Official website here: www.synshop.org
Where can I find the form 990 for Syn Shop?
Syn Shop's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.synshop.org
Learn more at the official website: www.synshop.org
Mission Statement of Syn Shop
Syn Shop, a renowned community-focused organization, is committed to its mission of educating and empowering the broader Las Vegas community in the innovative use of both developing and established fabrication technologies. This mission extends to any lawful activity associated with these technologies. In pursuit of this goal, Syn Shop has established and maintains a hackerspace/makerspace facility, providing its members with access to a variety of tools such as woodshops, metalworking facilities, metalcasting and welding areas, laser cutters, electronics fabrication tools, and 3D printers. The organization also invests in tool purchases to continually improve its facilities and offer its members advanced equipment that supports this mission.
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Impact
August, 2024
Syn Shop's impact lies in empowering the community in Las Vegas to explore and utilize fabrication technologies creatively. By providing access to a variety of fabrication tools and equipment, Syn Shop enables individuals to bring their ideas to life through hands-on learning and experimentation. This not only fosters innovation and skill development but also cultivates a vibrant community of makers and tinkerers who collaborate and inspire each other. Through its mission of education and enabling, Syn Shop plays a crucial role in cultivating a culture of creativity and technological advancement in Las Vegas.
This information is meant to be a general summary of Syn Shop. 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: $38
- Gross Receipts: $46,807
Assets and Liabilities:
- Total Assets: $732,049
- Total Liabilities: $146,207
- Net Assets: $585,842
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Organization Details
Founding Year
2012
Phone
(702) 576-2982Principal Officer
Aakin Patel
Main Address
5967 Harrison Dr, Las Vegas, NV, 89120
Website
www.synshop.orgNTEE Category
Code: A26 - Arts
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