Inscite Illinois
- Assets
- $501.9k
- Revenue
- $596.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Rolling Meadows, IL
- Founding
- 05/2004
- Data as of
- 06/2023
- EIN
- 20-0707641
Organization Overview
Inscite Illinois, operating under the name FIRST Illinois Robotics, is located in Rolling Meadows, IL. The organization was established in 2004. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2023, FIRST Illinois Robotics employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. FIRST Illinois Robotics 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 06/2023, FIRST Illinois Robotics generated $596.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $644.9k during the year ending 06/2023. While expenses have increased by 4.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY MISSION IS TO ENHANCE STEM BASED EDUCATION. THE MOST SIGNIFICANT ACTIVITIES ARE THE COORDINATION OF FIRST ROBOTICS PROGRAMS IN THE STATE OF ILLINOIS. THE ORGANIZATION CURRENTLY FOCUSES ON CHILDREN 6 TO 18 YEARS OLD THROUGH THREE DIFFERENT PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIRST LEGO LEAGUE HAS 2 SUBPROGRAMS - FIRST LEGO LEAGUE CHALLENGE AND FIRST LEGO LEAGUE EXPLORE. FIRST LEGO LEAGUE CHALLENGE - OVER 375 TEAMS PARTICIPATED IN THE FIRST LEGO LEAGUE CHALLENGE PROGRAM IN ILLINOIS THIS SEASON. APPROXIMATELY 3000 STUDENTS PARTICIPATED IN THE PROGRAM. APPROXIMATELY 400 STUDENTS PARTICIPATED IN FIRST LEGO LEAGUE EXPLORE LAST YEAR.
FIRST TECH CHALLENGE - OVER 160 TEAMS PARTICIPATED IN ILLINOIS DURING THE PAST YEAR. ALL EVENTS RETURNED TO IN PERSON TOURNAMENTS. AN ONLINE ROBOT SIMULATOR SOFTWARE APPLICATION WAS ALSO DEVELOPED. APPROXIMATELY 1600 STUDENTS PARTICIPATED IN THE PROGRAM.
FIRST ROBOTICS COMPETITION. FIRST ROBOTICS COMPETITION ACTIVITY IN ILLINOIS IS RUN BY FIRST (501C3 IN NEW HAMPSHIRE). INSCITE ILLINOIS (DBA FIRST ILLINOIS ROBOTICS) ASSISTS FIRST IN THIS PROGRAM. THE MAJORITY OF THE REVENUE WITHIN INSCITE ILLINOIS IS RELATED TO LOCAL FUND RAISING TO COVER RUNNING THE PROGRAM NATIONALLY INCLUDING ILLINOIS. APPROXIMATELY 1200 STUDENTS WERE INVOLVED IN TEAMS IN ILLINOIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Hubberts President | OfficerTrustee | 15 | $0 |
James Naughton Secretary | OfficerTrustee | 1 | $0 |
Mark Gaines Treasurer | OfficerTrustee | 1 | $0 |
Adam Bowen Board Member | Trustee | 1 | $0 |
Barry Greenhouse Board Member | Trustee | 1 | $0 |
Robert Armstrong Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $448,816 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $448,816 |
| Total Program Service Revenue | $127,910 |
| Investment income | $17,554 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,497 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $596,777 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $105,000 |
| Grants and other assistance to domestic individuals. | $255,248 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,188 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,440 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,059 |
| Fees for services: Other | $9,191 |
| Advertising and promotion | $0 |
| Office expenses | $7,531 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,705 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,634 |
| All other expenses | $57,271 |
| Total functional expenses | $644,906 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,378 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $334,506 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $501,884 |
| Accounts payable and accrued expenses | $50,783 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $50,783 |
| Net assets without donor restrictions | $306,235 |
| Net assets with donor restrictions | $144,866 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $501,884 |