Lakeland Robotics Team Inc is located in Ringwood, NJ. The organization was established in 2011. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakeland Robotics Team Inc 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 06/2022, Lakeland Robotics Team Inc generated $16.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $28.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THIS ORGANIZATION SUPPORTED THE EDUCATION ROBOTICSPROGRAM IN THE LAKELAND REGIONAL HIGH SCHOOL AND ENABLEDTHE STUDENTS TO COMPETE AT STATE AND NATIONAL LEVELS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Wayne Kelley Director | 1 | $0 | |
Karen Gauharou Trustee | 1 | $0 | |
Malcolm Tennant Treasurer | 1 | $0 | |
Richard Wierer President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,400 |
Total Program Service Revenue | $15,474 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $16,874 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $26,883 |
Total expenses | $28,183 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,409 |
Other assets | $0 |
Total assets | $1,409 |
Total liabilities | $0 |
Net assets or fund balances | $1,409 |
Over the last fiscal year, we have identified 1 grants that Lakeland Robotics Team Inc has recieved totaling $99.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $99 |
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