Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2016.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
67 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
10 people listed on the 990; $452K paid to officers and key staff.
Thomas Ryden’s $250K as Executive Di is at the 91st percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Thomas Ryden | $250,000 | $250,000 | $265,192 | $200,000 | $175,000 |
| Joyce Sidopoulos | $213,879 | $200,000 | $188,031 | $132,000 | $119,077 |
| Fady M Saad | — | — | $129,253 | $167,850 | $158,032 |
| Colleen Anderson | $161,200 | $147,678 | — | — | — |
| Marita McGinn | $156,028 | — | — | — | — |
| Juan Necochea Barbosa | — | $148,750 | — | — | — |
| Micaelah Morrill | — | $145,002 | — | — | — |
| Kevin Smith | $107,052 | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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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
Supports robotics startups with workspace and resources to develop and commercialize new technologies.
Questions for Massrobotics INC
Your first name shows with your question. Massrobotics INC answers here, for everyone.
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The organization is an independent, non-profit organization serving as the innovation hub for robotics and connected devices. Through our programming and events, we help bring together innovative startups and existing technology organizations to nurture the next generation of talent, and promote economic growth and innovation.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $71K | $345K |
| Land, buildings, equipmentLn 10c | $4.2M | $4.0M |
| Total assetsLn 16 | $4.8M | $4.7M |
| LiabilitiesLn 26 | $1.2M | $796K |
| Net assetsLn 32 | $3.6M | $3.9M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $175K | $70K | $88K | $18K |
| Other salaries and wagesLn 7 | $395K | $192K | $22K | $181K |
| Other employee benefitsLn 9 | $22K | $22K | ||
| Payroll taxesLn 10 | $51K | $23K | $10K | $18K |
| Legal feesLn 11b | $3K | $3K | ||
| Accounting feesLn 11c | $13K | $13K | ||
| Advertising and promotionLn 12 | $5K | $4K | $2K | |
| Office expensesLn 13 | $40K | $28K | $8K | $4K |
| OccupancyLn 16 | $701K | $561K | $140K | |
| TravelLn 17 | $5K | $4K | $484 | |
| Conferences, conventions and meetingsLn 19 | $588 | $412 | $176 | |
| InterestLn 20 | $27K | $27K | ||
| Depreciation, depletion and amortizationLn 22 | $322K | $258K | $64K | |
| InsuranceLn 23 | $12K | $9K | $2K | |
| Other expenses (24a–d)Ln 24 | $67K | $65K | $2K | |
| All other expensesLn 24e | $15K | $14K | $895 | $71 |
| Total functional expensesLn 25 | $1.9M | $1.3M | $379K | $224K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $4.0M | $4.2M | −$209K | $3.9M | 990 PDF |
| FY2023 | $3.9M | $4.1M | −$173K | $4.1M | 990 PDF |
| FY2022 | $3.4M | $3.8M | −$389K | $4.3M | 990 PDF |
| FY2021 | $3.0M | $2.2M | $795K | $4.7M | 990 PDF |
| FY2020 Viewing | $2.1M | $1.9M | $269K | $3.9M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $2,123,353 revenue, 12 lines filed
Part VI · Governance 8 of 8 board members independent, 1 to look at
Part VIII · Statement of revenue $2,123,353 across 6 lines filed
Part IX · Statement of functional expenses $1,854,467 across 16 lines filed
Part X · Balance sheet $4,694,861 assets, 15 lines filed
Part XI · Reconciliation of net assets $3,898,407 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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