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Foundry Workshop - Ltd

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 465764861 ✦ Passumpsic, VT ✦ Designated as a 501(c)(3)

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Overview

What is Foundry Workshop - Ltd?

Foundry Workshop- Ltd is a nonprofit organization that offers a unique space and resources for entrepreneurs and civic organizations. It provides entrepreneurs with the essential tools, equipment, and training they need to develop their products. The organization also extends its services to civic organizations, aiding them in constructing physical items for events. To date, Foundry Workshop- Ltd has assisted 30 active members in their product development journey, offering training to 9 of them. Furthermore, the organization has supported two civic organizations by providing necessary services for their events. Essentially, Foundry Workshop- Ltd functions as a 'makerspace', fostering innovation and collaboration within its community.


Official website here: www.thefoundryvt.org

What do the Facebook reviews say about Foundry Workshop - Ltd?

100% of 8 reviewers on Facebook recommend Foundry Workshop - Ltd. Here is a summary of their reviews:

The general sentiment reflects a strong support for the organization, with users expressing excitement about its mission and activities. Reviewers indicate that they feel positively about the initiatives being undertaken, signaling a sense of enthusiasm about the efforts being made by the nonprofit.

Overall, it’s clear that the Foundry Workshop - Ltd is regarded highly by its community, with supporters eager to see the impact of its programs and initiatives.


This AI summary has been generated from reviews found on Facebook.

Is Foundry Workshop - Ltd legitimate?

Foundry Workshop - Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundry Workshop - Ltd submitted a form 990EZ, 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.


Official website here: www.thefoundryvt.org

What is the mission statement of Foundry Workshop - Ltd?

Foundry Workshop- Ltd serves as a hub for entrepreneurs, offering them space, equipment, tools, and expertise to develop their products. This organization also caters to civic organizations, providing assistance in building physical items for their events. By providing services to 30 active members and training for 9 of them, Foundry Workshop- Ltd plays a significant role in supporting innovation and creativity. Furthermore, the organization has extended its services to 2 civic organizations, demonstrating its commitment to contributing to various community projects. In essence, Foundry Workshop- Ltd acts as a makerspace, fostering creativity and providing essential resources for individuals and organizations.


Official website here: www.thefoundryvt.org

Who is the CEO of Foundry Workshop - Ltd?

James Schenck is the President of Foundry Workshop - Ltd.


Official website here: www.thefoundryvt.org

What is the revenue of Foundry Workshop - Ltd?

Foundry Workshop - Ltd's revenue in 2022 was $14,169.


Official website here: www.thefoundryvt.org

Who are the executives of Foundry Workshop - Ltd and what are their salaries?


Here are 4 key members and their salaries:


James Schenck (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Garvin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Wade (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Bishop (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thefoundryvt.org

Where can I find the form 990EZ for Foundry Workshop - Ltd?

Foundry Workshop - Ltd's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.thefoundryvt.org

Learn more at the official website: www.thefoundryvt.org

Mission Statement of Foundry Workshop - Ltd

Foundry Workshop- Ltd, as a distinguished entity, offers a unique space and resources to budding entrepreneurs. Its primary mission is to provide entrepreneurs with the necessary tools, equipment, and expertise to develop their product ideas. Beyond this, the organization extends its services to civic organizations, aiding them in the physical creation of items for their events. Foundry Workshop- Ltd, often recognized as a makerspace, currently supports 30 active members through its services, while also offering training to 9 of these members. The organization's commitment to fostering innovation and creativity is evident in its active engagement with individuals and organizations seeking to bring their ideas to life.

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Impact




August, 2024

Foundry Workshop - Ltd's impact can be seen in the support it provides to entrepreneurs in developing products, as well as in assisting civic organizations with building physical items. Through its makerspace services, the organization has served 30 active members and provided training for 9 active members. Additionally, Foundry Workshop has supported 2 civic organizations in their events, contributing to community improvement in PASSUMPSIC, VT.




This information is meant to be a general summary of Foundry Workshop - Ltd. 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.

Revenue
$14,169 (2022)
Expenses
$9,878 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $7,023
  • Gross Receipts: $17,486

Assets and Liabilities:

  • Total Assets: $12,664
  • Total Liabilities: $0
  • Net Assets: $12,664

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Organization Details

Principal Officer

James Schenck

Main Address

PO Box 98, Passumpsic, VT, 05861

NTEE Category

Code: S99 - Community improvement

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