Robotics Fund INC FY2022 filing

Tax-deductible

Somerville, NJ501(c)(3)EducationEIN 22-3698662Revenue $54K in FY2022

On file with the IRSteam102.org222 Davenport St, 08876-1515 · Somerville, NJTax-exempt since Feb 2004Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

To promote and Fund the Robotics program at somerville high school, and to assist students in learning to build and operate their own robots.

501(c)(3) charity; gifts are tax-deductible.
6¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $7K a year · 11% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
6%
of spending
Concern: 6% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $5K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$54K
+16% vs prior year
Spent
$65K
To programs
6%
Net assets
$35K
By yearFY2020–FY2025
Revenue
$54K
FY2022▲ +16%
Tap a bar for its year
Revenue by fiscal year
FY2020$31K
FY2021$46K
FY2022$54K
FY2023$78K
FY2024$75K
FY2025$95K
Expenses
$65K
FY2022▲ +98%
Tap a bar for its year
Expenses by fiscal year
FY2020$40K
FY2021$33K
FY2022$65K
FY2023$69K
FY2024$62K
FY2025$70K
Net assets
$35K
FY2022▼ -25%
Tap a bar for its year
Net assets by fiscal year
FY2020$32K
FY2021$46K
FY2022$35K
FY2023$44K
FY2024$57K
FY2025$82K

From the FY2022 Form 990 · see the original

Give Claim
You’re viewing the FY2022 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 Feb 2004.

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

Where the money goes

6 cents of each dollar spent went to programs.

Program services 6% · $4K Management & general 75% · $49K Fundraising 18% · $12K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Robotics Fund INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Funds and promotes a high school robotics program, teaching students to build and operate robots.

Questions for Robotics Fund INC

Tap to ask. Robotics Fund INC sees how many people are interested.

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

Provided by the organization

Know this organization? Claim it to add your story

2 programs · $4K · in their own filed words · FY2022
01

Award scholarships to college-bound senior high school students

$4Kprogram expense
02

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

Pt IX · col B

Funders

Who pays for it.

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

Grants

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

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$54K
Ln 12
Fees for servicesLn 2g$28K
Gifts and grantsLn 1h$25K
Money outPt IX
$65K
Ln 25
Programscol B$4K
Managementcol C$49K
Fundraisingcol D$12K
Owns and owesPt X
$35K
net assets · Ln 32
Cash and savingsLn 1–2$35K
Total assetsLn 16$35K
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$25K
Fees for servicesLn 2g$28K
Total revenueLn 12$54K
Assets in detailPt X, end of year
CashLn 1$35K
Cash and savings togetherLn 1–2$35K
Total assetsLn 16$35K
LiabilitiesLn 26$0
Net assetsLn 32$35K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$46K$35K
Total assetsLn 16$46K$35K
LiabilitiesLn 26$0$0
Net assetsLn 32$46K$35K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$4K$4K
Accounting feesLn 11c$750$750
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$450$450
Information technologyLn 14$245$245
Other expenses (24a–d)Ln 24$53K$44K$8K
All other expensesLn 24e$4K$583$4K
Total functional expensesLn 25$65K$4K$49K$12K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $95K$70K$25K$82K 990 PDF
FY2024 $75K$62K$13K$57K 990 PDF
FY2023 $78K$69K$9K$44K 990 PDF
FY2022 Viewing $54K$65K−$11K$35K 990 PDF
FY2021 $46K$33K$14K$46K 990 PDF
FY2020 $31K$40K−$8K$32K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $53,765 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $24,233$25,499
I-9 Program service revenuePrior year $22,176$28,266
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $46,409$53,765
I-13 Grants and similar amounts paidPrior year $4,000$4,000
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $28,820$61,025
I-18 Total expensesPrior year $32,820$65,025
I-19 Revenue less expensesPrior year $13,589−$11,260
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-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $53,765 across 5 lines filed
Lines not itemized here account for $2,606 of total revenue; see the IRS return.
VIII-1b Membership dues$1,324
VIII-1f All other contributions, gifts and grants$24,175
VIII-1h Total contributions, gifts and grants$25,499
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $25,660$25,660
VIII-12 Total revenueRelated to mission $28,266$53,765
Part IX · Statement of functional expenses $65,025 across 7 lines filed
IX-2 Grants to domestic individualsPrograms $4,000$4,000
IX-11c Accounting feesManagement $750$750
IX-12 Advertising and promotionManagement $2,777$2,777
IX-13 Office expensesManagement $450$450
IX-14 Information technologyManagement $245$245
IX-24 Other expenses (24a–d)Management $44,253 · Fundraising $8,265$52,518
IX-24e All other expensesManagement $583 · Fundraising $3,702$4,285
IX-25 Total functional expensesPrograms $4,000 · Management $49,058 · Fundraising $11,967$65,025
Part X · Balance sheet $34,639 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $45,899$34,639
X-16 Total assetsStart of year $45,899$34,639
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $45,899$34,639
X-32 Total net assets or fund balancesStart of year $45,899$34,639
X-33 Total liabilities and net assetsStart of year $45,899$34,639
Part XI · Reconciliation of net assets $34,639 net assets at year end
XI-1 Total revenue$53,765
XI-2 Total expenses$65,025
XI-3 Revenue less expenses−$11,260
XI-4 Net assets at start of year$45,899
XI-10 Net assets at end of year$34,639

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

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

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.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street 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, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.