Lakeshore First Robotics Programs EIN 46-4316812

Lakeshore First Robotics Programs FY2021 filing

EIN  46-4316812 Public charity (501(c)(3)) Manitowoc, WI
Form 990 (PDF)
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Size
$100K–1M
What they do
Inspire youth to lead in science and tech through mentor-based programs building skills and confidence.
Leadership
Jennifer Blake-Krueger · Director of
Money in and out
$227K revenue, $110K expenses
Bottom line
79% program efficiency

Inspire youth to lead in science and tech through mentor-based programs building skills and confidence. For fiscal year 2021 it reported $227K in revenue, $110K in expenses, and $257K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$227K
Pt VIII · Ln 12
Total expenses
$110K
Pt IX · Ln 25
Net assets
$257K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $117K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.19 Fundraising $0.02
Program efficiency
79%
of spending reaches programs
Operating runway
7.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+51%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$227K
FY2021
Expenses
$110K
FY2021
Total assets
$258K
FY2021
Total liabilities
$944
FY2021
Total revenue
$227K
Pt VIII · Ln 12
Total expenses
$110K
Pt IX · Ln 25
Net assets
$257K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$117K
Total assetsPt X · Ln 16$258K
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $88K of program spending, described in the organization's own filed words · FY2020.
01

To provide educational opportunities through team building to advance students knowledge in science, technology, engineering, and math by making learning fun. The organization supports competitive leagues.

$88Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLakeshore First Robotics Programs
EINHdr · item D46-4316812
Principal addressHdr · item CManitowoc, WI
WebsiteHdr · item Jlakeshorefirstrobotics.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFDec 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
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 · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Director Ftc
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See Lakeshore First Robotics Programs executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$201K · 88%
Program service revenue$26K · 12%
Contributions & grants88%$201K
Program service revenue12%$26K
Investment income$9
— government grantsLn 1e$29K
Total revenueLn 12$227K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.19 Fundraising $0.02
Program services79%$88K
Management & general19%$21K
Fundraising2%$2K
Total functional expensesLn 25$110K

Balance Sheet

Part X · end of year
CashLn 1$69K
Total assetsLn 16$258K
Total liabilitiesLn 26$944
Total net assetsLn 32$257K
Months of cash on handcomputed7.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $69K · Operating expenses/yr $110K
7.5 months
Where the money goes
Program services
Program services $88K · Total expenses $110K
79%
Management & General
Management & general $21K · Total expenses $110K
19%
Fundraising
Fundraising $2K · Total expenses $110K
2%
Cost to raise $1
Fundraising expense $2K · Solicited contributions $172K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $201K · Total revenue $227K
88%
Government reliance
Government grants $29K · Total revenue $227K
13%
Earned-income share
Program service revenue $26K · Total revenue $227K
12%
Investment reliance
Investment income $9 · Total revenue $227K
0%
Program self-sufficiency
Program service revenue $26K · Total expenses $110K
24%
Growth & trend
Revenue growth (YoY)
This year $227K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $257K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $227K · Expenses $110K
+51%
Liabilities-to-Assets
Total liabilities — · Total assets $258K
Net-asset ratio
Net assets $257K · Total assets $258K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $258K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jennifer Blake-Krueger · Reported title DIRECTOR OF · Highest reported compensation $0 · Total expenses $110K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $110K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 19%
Fundraising cost ratio 1%
Accounting fee ratio 3%

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 · FY2025
Total grants receivedfrom 1 funder$180K

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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)$371K revenue · ⤓ 990 PDF
FY2024$403K revenue · ⤓ 990 PDF
FY2023$573K revenue · ⤓ 990 PDF
FY2022$432K revenue · ⤓ 990 PDF
FY2021$227K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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