philanthropy.org | 990 Resource | FAQ Verify your organization
Sign in

Makersmiths INC FY2024 filing

Tax-deductible
Claimed by the org
2 of 9 checked
  1. ✓ Sign the claim statementOctober 13, 2026
  2. ✓ Use an email at your organization's own domainOctober 13, 2026
  3. ○ Connect your website with a code
  4. ○ Get a code by text or call to the phone on your 990
  5. ○ Check your government ID
  6. ○ Match your name to the IRS record
  7. ○ A second person at your organization confirms
  8. ○ IRS determination letter on file
  9. ○ Confirm the bank account for gifts

Leesburg, VA501(c)(3)Since 2014Community Development EIN 47-1939431Revenue $267K in FY2024Latest return filed May 14, 2026

On file with the IRSmakersmiths.orgLeesburg, VATax-exempt since May 2017Publicly supported — 509(a)(2)

See attached statement

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-1939431) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $53K a year · 22% of revenue · last 4 filings
A surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
74%
of spending
74% of spending went to programs.
Pt IX · Ln 25 · col B
Cash reserves
16.9 mo
of spending, in cash
16.9 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $208
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$10K
3% of total assets
Liabilities are 3% of assets.
Pt X · Ln 26
Independent board members
7
of 7 voting members
7 of 7 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$267K
+22% vs prior year
Spent
$186K
To programs
74%
Net assets
$314K
By yearFY2020–FY2025
Revenue
$267K
FY2024▲ +22%
Tap a bar for its year
Revenue by fiscal year
FY2020$135K
FY2021$196K
FY2022$228K
FY2023$220K
FY2024$267K
FY2025$252K
Expenses
$186K
FY2024▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$186K
FY2023$198K
FY2024$186K
FY2025$186K
Net assets
$314K
FY2024▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2020$169K
FY2021$219K
FY2022$261K
FY2023$283K
FY2024$314K
FY2025$373K

From the FY2024 Form 990 · see the original

Give Follow
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $137K Management & general 26% · $49K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
Scott Silvers
Secretary
$0Pt VII · Sec A
Jennifer Chu
Board Member
$0Pt VII · Sec A
Jonathan White
Chairman of the Board
$0Pt VII · Sec A
Brad Hess
Board Member
$0Pt VII · Sec A
Bo Wernick
Board Member
$0Pt VII · Sec A
Evin Grano
Board Member
$0Pt VII · Sec A
James Waldron
Board Member
$0Pt VII · Sec A
Nedim Ogelman
President
$0Pt VII · Sec A
See Makersmiths INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Makersmiths INC is a community improvement nonprofit based in Leesburg, VA, formed in 2014.

Questions for Makersmiths INC

Tap to ask. Makersmiths INC sees how many people are interested.

Your first name shows with your question. Makersmiths INC answers here, for everyone.

2 programs · $137K · in their own filed words · FY2024
01

Provide a community makerspace where people can learn, teach, make and collaborate on making things. Over 300 members of the community used the facilities in Leesburg and Purcellville.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-1939431) · Dispute this line
$127Kprogram expense
02

Provide classes, events, workshops, and other activities that instruct people on how to make things using the equipment at the facilities. Over 100 classes on sewing, woodworking, woodturning, metal working, laser cutter, CNC machines, ceramics, blacksmithing, 3D printing, electronics, printmaking, leatherworking, UV printing…

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-1939431) · Dispute this line
$10Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Amazonsmile FoundationFY2023$208
Total grants receivedfrom 1 funder$208
Grants paid · 1 grant · $6K · 2023–2023
Unitemized GrantFY2023$6,145

By the numbers

Org confirmed 0 of 10 linesconfirmednot yet

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$267K
Ln 12
Gifts and grantsLn 1h$211K
Fees for servicesLn 2g$55K
Other incomeLn 4–11$1K
Money outPt IX
$186K
Ln 25
Programscol B$137K
Managementcol C$49K
Owns and owesPt X
$314K
net assets · Ln 32
Cash and savingsLn 1–2$262K
Total assetsLn 16$324K
LiabilitiesLn 26$10K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$211K
Noncash giftsLn 1g$7K
Fees for servicesLn 2g$55K
Investment incomeLn 3$72
Other incomeLn 4–11$1K
Total revenueLn 12$267K
Assets in detailPt X, end of year
CashLn 1$38K
SavingsLn 2$225K
Cash and savings togetherLn 1–2$262K
Land, buildings, equipmentLn 10c$51K
Other assetsLn 15$11K
Total assetsLn 16$324K
LiabilitiesLn 26$10K
Net assetsLn 32$314K
OperationsPt I, VI
EmployeesI 50
VolunteersI 6275
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$199K$262K
Land, buildings, equipmentLn 10c$100K$51K
Total assetsLn 16$316K$324K
LiabilitiesLn 26$32K$10K
Net assetsLn 32$283K$314K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$2K$1K$450$0
Accounting feesLn 11c$435$435$0$0
Advertising and promotionLn 12$523$523$0$0
Office expensesLn 13$1K$435$965$0
Information technologyLn 14$3K$2K$542$0
OccupancyLn 16$99K$60K$39K$0
InterestLn 20$951$951$0$0
Depreciation, depletion and amortizationLn 22$17K$17K$0$0
InsuranceLn 23$3K$0$3K$0
Other expenses (24a–d)Ln 24$43K$39K$4K$0
All other expensesLn 24e$17K$15K$2K$0
Total functional expensesLn 25$186K$137K$49K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 14, 2026 $252K$186K$67K$373K 990 PDF
FY2024 ViewingFiled with the IRS May 9, 2025 $267K$186K$81K$314K 990 PDF
FY2023Filed with the IRS May 15, 2024 $220K$198K$22K$283K 990 PDF
FY2022Filed with the IRS May 15, 2023 $228K$186K$42K$261K 990 PDF
FY2021Filed with the IRS May 5, 2022 $196K$219K 990 PDF
FY2020Filed with the IRS May 14, 2021 $135K$169K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $267,355 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $178,732$210,943
I-9 Program service revenuePrior year $36,878$55,130
I-10 Investment incomePrior year $4,094$72
I-11 Other revenuePrior year $0$1,210
I-12 Total revenuePrior year $219,704$267,355
I-13 Grants and similar amounts paidPrior year $6,145$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $191,622$186,407
I-18 Total expensesPrior year $197,767$186,407
I-19 Revenue less expensesPrior year $21,937$80,948
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $267,355 across 7 lines filed
Lines not itemized here account for $1,210 of total revenue; see the IRS return.
VIII-1b Membership dues$197,313
VIII-1f All other contributions, gifts and grants$13,630
VIII-1g Noncash contributions (included above)$6,565
VIII-1h Total contributions, gifts and grants$210,943
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$55,130
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$72
VIII-12 Total revenueRelated to mission $56,412 · Unrelated business $0 · Excluded from tax $0$267,355
Part IX · Statement of functional expenses $186,407 across 11 lines filed
IX-11b Legal feesPrograms $1,362 · Management $450 · Fundraising $0$1,812
IX-11c Accounting feesPrograms $435 · Management $0 · Fundraising $0$435
IX-12 Advertising and promotionPrograms $523 · Management $0 · Fundraising $0$523
IX-13 Office expensesPrograms $435 · Management $965 · Fundraising $0$1,400
IX-14 Information technologyPrograms $2,399 · Management $542 · Fundraising $0$2,941
IX-16 OccupancyPrograms $60,420 · Management $38,563 · Fundraising $0$98,983
IX-20 InterestPrograms $951 · Management $0 · Fundraising $0$951
IX-22 Depreciation, depletion and amortizationPrograms $16,947 · Management $0 · Fundraising $0$16,947
IX-23 InsurancePrograms $0 · Management $2,658 · Fundraising $0$2,658
IX-24 Other expenses (24a–d)Programs $39,159 · Management $4,075 · Fundraising $0$43,234
IX-24e All other expensesPrograms $14,548 · Management $1,975 · Fundraising $0$16,523
IX-25 Total functional expensesPrograms $137,179 · Management $49,228 · Fundraising $0$186,407
Part X · Balance sheet $323,956 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $51,424$37,621
X-2 Savings and temporary cash investmentsStart of year $147,144$224,822
X-10c Land, buildings and equipment, netStart of year $100,175$50,757
X-15 Other assetsStart of year $12,306$10,756
X-16 Total assetsStart of year $315,817$323,956
X-17 Accounts payable and accrued expensesStart of year $2,166$280
X-23 Secured mortgages and notes payableStart of year $16,212$9,895
X-26 Total liabilitiesStart of year $32,411$10,175
X-27 Net assets without donor restrictionsStart of year $283,406$313,781
X-32 Total net assets or fund balancesStart of year $283,406$313,781
X-33 Total liabilities and net assetsStart of year $315,817$323,956
Part XI · Reconciliation of net assets $313,781 net assets at year end
XI-1 Total revenue$267,355
XI-2 Total expenses$186,407
XI-3 Revenue less expenses$80,948
XI-4 Net assets at start of year$283,406
XI-8 Prior period adjustments−$56,028
XI-9 Other changes in net assets$5,455
XI-10 Net assets at end of year$313,781

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.

Featured nonprofit jobs

All nonprofit jobs → · Hiring? Post a job →