Robotics Fund INC EIN 22-3698662 Form 990 (PDF) Claim this org

Robotics Fund INC

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Funds and promotes a high school robotics program, teaching students to build and operate robots. For fiscal year 2025 it reported $95K in revenue, $70K in expenses, and $82K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Somerville, NJ
Website
www.team102.org
Filings
6 on file (2020–2025)
Revenue
$95KFY2025
Expenses
$70K
Net assets
$82K
People
7
Filings
6
Updates
0
More identity details & actions ⌄
EIN  22-3698662 Public charity (501(c)(3)) Somerville, NJ
Form 990 (PDF)
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Size
<$100K
What they do
Funds and promotes a high school robotics program, teaching students to build and operate robots.
Leadership
Cindy Dalrymple · Trustee
Money in and out
$95K revenue, $70K expenses
Bottom line
33% program efficiency
Where the money goes · FY2025
Total revenue
$95K
Pt VIII · Ln 12
Total expenses
$70K
Pt IX · Ln 25
Net assets
$82K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $25K
Where spending went · Part IX cols B–D
Program services $0.33 Management & general $0.60 Fundraising $0.07
Program efficiency
33%
of spending reaches programs▲ +399% vs prior filing year
Operating runway
14.0mo
months of highly liquid reserves at operating expense rate▲ +26% vs prior filing year
Surplus margin
+26%
revenue over expenses, this year▲ +49% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$95K
FY2025▲ +27%
Expenses
$70K
FY2025▲ +14%
Total assets
$82K
FY2025▲ +44%
Total liabilities
$0
FY2025
Total revenue
$95K
Pt VIII · Ln 12
Total expenses
$70K
Pt IX · Ln 25
Net assets
$82K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$25K
Total assetsPt X · Ln 16$82K
Program-expense ratioPt IX · col B33%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

2 program services account for $17K of program spending, described in the organization's own filed words · FY2025.
01

Competed in regional "first" robotics championships. Built a robot and entered it into competion, involving 25 high school students.

$13Kprogram expense
02

Award scholarships to college-bound senior high school students

$4Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRobotics Fund INC
EINHdr · item D22-3698662
Principal addressHdr · item CSomerville, NJ
WebsiteHdr · item Jwww.team102.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B80)
Ruling yearIRS BMFFeb 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$49K · 52%
Contributions & grants$46K · 48%
Program service revenue52%$49K
Contributions & grants48%$46K
Total revenueLn 12$95K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.33 Management & general $0.60 Fundraising $0.07
Program services33%$23K
Management & general60%$42K
Fundraising7%$5K
Total functional expensesLn 25$70K

Balance Sheet

Part X · end of year
CashLn 1$82K
Total assetsLn 16$82K
Total liabilitiesLn 26$0
Total net assetsLn 32$82K
Months of cash on handcomputed14.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $82K · Operating expenses/yr $70K
14.0 months
Where the money goes
Program services
Program services $23K · Total expenses $70K
33%
Management & General
Management & general $42K · Total expenses $70K
60%
Fundraising
Fundraising $5K · Total expenses $70K
7%
Cost to raise $1
Fundraising expense (3-yr avg) $13K · Solicited contributions (3-yr avg) $35K
$0.37 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $46K · Total revenue $95K
48%
Government reliance
Government grants — · Total revenue $95K
Earned-income share
Program service revenue $49K · Total revenue $95K
52%
Investment reliance
Investment income $0 · Total revenue $95K
0%
Program self-sufficiency
Program service revenue $49K · Total expenses $70K
70%
Growth & trend
Revenue growth (YoY)
This year $95K · Prior year $75K
+27%
Revenue CAGR
FY2020 $31K · FY2025 $95K
+25%
Net-asset trend (YoY)
End of year $82K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $95K · Expenses $70K
+26%
Liabilities-to-Assets
Total liabilities — · Total assets $82K
Net-asset ratio
Net assets $82K · Total assets $82K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $82K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Cindy Dalrymple · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $70K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $70K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 33%
Overhead ratio 60%
Fundraising cost ratio 11%
Revenue growth 27%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$5K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$95K revenue · viewing · ⤓ 990 PDF
FY2024$75K revenue · ⤓ 990 PDF
FY2023$78K revenue · ⤓ 990 PDF
FY2022$54K revenue · ⤓ 990 PDF
FY2021$46K revenue · ⤓ 990 PDF
FY2020$31K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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