Heatsync Labs
- Assets
- $40.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mesa, AZ
- Founding
- 02/2011
- Data as of
- 12/2023
- EIN
- 27-1277735
Organization Overview
Heatsync Labs is located in Mesa, AZ. The organization was established in 2011. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heatsync Labs is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Heatsync Labs generated $56.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $68.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED STEM-ORIENTED CLASSES AND WORKSHOPS TO THE COMMUNITY, AND OPEN HOURS TO USE COMMUNITY TOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrell Wertz President | 2 | $0 | |
Robert Douglass Vice President From 10/13/23 | 2 | $0 | |
Shaundra Newstead Treasurer | 2 | $0 | |
Jeff Sittler Operations Manager | 2 | $0 | |
Robert Bushman Secretary | 2 | $0 | |
Joshua Powers Vice President Thru 10/23/23 | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,139 |
| Total Program Service Revenue | $8,213 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,589 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $8,470 |
| Occupancy, rent, utilities, and maintenance | $54,791 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,605 |
| Total expenses | $68,866 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,765 |
| Other assets | $0 |
| Total assets | $40,765 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,765 |