Ingenuityne Inc, operating under the name Ne First, is located in Bloomfield, CT. The organization was established in 2012. 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 06/2022, NE First employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. NE First 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, NE First generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $1.0m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
INGENUITYNE, INC. WAS FORMED TO INSPIRE YOUNG PEOPLE TO BE LEADERS, BY ENGAGING THEM IN EXCITING MENTOR-BASED PROGRAMS THAT BUILD SCIENCE, ENGINEERING AND TECHNOLOGY SKILLS, THAT INSPIRE INNOVATION, AND THAT FOSTER WELL-ROUNDED LIFE CAPABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIRST ROBOTICS COMPETITION ("FRC")- WORKING WITH MENTORS, TEAMS OF STUDENTS BUILD ROBOTS FROM KITS OF COMMON PARTS, DESIGNED TO MEET A CHALLENGE. THE STUDENTS COMPETE FOR AWARDS FOR GAME SCORES, SAFETY PRACTICES, TEAMWORK AND OTHER QUALITATIVE ACHIEVEMENTS, STRESSING THE VALUES OF COOPERATION AND INCLUSION. AWARD WINNING TEAMS PARTICIPATE IN THE ANNUAL CHAMPIONSHIP EVENT OF THE FOUNDATION FOR THE INSPIRATION AND RECOGNITION OF SCIENCE AND TECHNOLOGY (F.I.R.S.T.) THE FRC PROGRAM PROVIDES STUDENTS WITH THE EXPERIENCE OF APPLYING SCIENCE AND TECHNOLOGY TO ACHIEVE A SPECIFIC CHALLENGE UNDER A TIME CONSTRAINT. THIS EXPERIENCE DEVELOPS STUDENTS' TECHNICAL SKILLS, TEAMWORK AND THE ABILITY TO DEAL WITH THE SATISFACTIONS AND DISAPPOINTMENTS OF A REAL ENGINEERING PROJECT.
OTHER PROGRAMS - NEW ENGLAND FIRST STAGES SCIENCE AND TECHNOLOGY-RELATED AFTER SCHOOL PROGRAMS, ROBOTICS CONTESTS, PROFESSIONAL DEVELOPMENT, AND COMMUNITY VOLUNTEER OPPORTUNITIES ACROSS THE ENTIRE NEW ENGLAND DISTRICT. NEW ENGLAND FIRST STAFF AND THE NEW ENGLAND FIRST VOLUNTEER COMMUNITY PROVIDE SUMMER CAMP AND WORKSHOP EXPERIENCES IN EVERY STATE ALONG WITH SEMINARS, TRAINING SESSIONS, WEBINARS AND CAREER AND WORKFORCE SEMINARS. SPECIFIC GRANT-MAKERS THAT NEW ENGLAND FIRST ROBOTICS ASSISTED WITH INCLUDE: MASS. STATE LEGISLATURE, VERMONT AGENCY OF EDUC., AND THE MASSACHUSETTS EXEC. OFFICE OF EDUC.
FIRST LEGO LEAGUE ("FLL")- TEAMS WORK ON GAME CHALLENGES USING LEGO TECHNOLOGY, APPLYING SCIENCE AND ENGINEERING TO MASTER COMPLEX MISSIONS. TEAMS FROM AROUND THE WORLD MEET EVERY YEAR FOR THE FLL WORLD FESTIVAL COMPETITION AND CELEBRATION. PARTICIPATION IN FLL ENGAGES STUDENTS IN A COMPREHENSIVE EXPERIENCE DEVELOPING CONFIDENCE IN THEIR ABILITY TO ADDRESS SERIOUS ISSUES, ENHANCING THEIR EDUCATION IN SCIENCE AND MATH, EXPOSING THEM TO A STEM CAREER. BY PROGRESSING THROUGH EACH PROGRAM AND ULTIMATELY TO FRC, STUDENTS GAIN A FULL SUIE OF TECHNICAL SKILLS AND ONGOING ENCOURAGEMENT, MAKING IT MORE LIKELY THAT THEY WILL PURSUE CAREERS IN SCIENCE AND TECHNOLOGY. THE PROGRAM WAS EXPANDED SEVERAL YEARS AGO TO INCLUDE PRE-K THROUGH 8TH GRADE AGE RANGES: FLL DISCOVER/EXPLORE/CHALLENGE.
FIRST TECH CHALLENGE ("FTC")- LIKE THE FRC PROGRAM, TEAMS IN THE FTC PROGRAM DESIGN AND BUILD ROBOTS WITH SMALLER KITS AND SIMPLER GAME CHALLENGES. THIS PROGRAM IS READILY ACCESSIBLE TO A BROADER AUDIENCE OF EDUCATORS AND STUDENTS, IN PART BECAUSE OF ITS LOWER COST. THE FTC EXPERIENCE SIMULATES THE EXCITEMENT AS WELL AS THE PRESSURE OF A REAL-LIFE ENGINEERING PROJECT. DEVELOPING NOT ONLY THE STUDENTS' TECHNICAL KNOW-HOW, BUT ALSO LEADERSHIP, COOPERATION, ABILITY TO PLAN, PATIENCE AND TEAMWORK. FTC ENRICHES THE PARTICIPATING STUDENTS' ABILITY TO DEAL WITH SATISFACTIONS AND DISAPPOINTMENTS ON A REAL ENGINEERING PROJECT. THE FTC EXPERIENCE EXPANDS STUDENTS INTEREST IN SCIENCE, TECHNOLOGY, ENGINEERING, MATH AND INSPIRES MANY TO GO ON TO HIGHER EDUCATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Fantom Executive Director | Officer | 40 | $100,000 |
Jacquelynn Garofano Director | Trustee | 2 | $0 |
Frank Grossman Director | Trustee | 2 | $0 |
Donata Martin Director | Trustee | 2 | $0 |
John Bugeau Chair & President | OfficerTrustee | 2 | $0 |
Michael Sperber Vice Chair & Vice Pres. | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $76,607 |
All other contributions, gifts, grants, and similar amounts not included above | $815,242 |
Noncash contributions included in lines 1a–1f | $5,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $891,849 |
Total Program Service Revenue | $284,985 |
Investment income | $19 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,178,583 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $73,624 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $137,336 |
Compensation of current officers, directors, key employees. | $54,934 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $161,947 |
Pension plan accruals and contributions | $2,145 |
Other employee benefits | $14,188 |
Payroll taxes | $21,746 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $27,968 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $60,424 |
Advertising and promotion | $0 |
Office expenses | $13,791 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $27,027 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $23,099 |
Conferences, conventions, and meetings | $0 |
Interest | $16,786 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,641 |
Insurance | $10,164 |
All other expenses | $61,701 |
Total functional expenses | $1,005,435 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $36,992 |
Savings and temporary cash investments | $190,317 |
Pledges and grants receivable | $162,500 |
Accounts receivable, net | $64,626 |
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 | $7,379 |
Net Land, buildings, and equipment | $24,953 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $5,000 |
Other assets | $0 |
Total assets | $491,767 |
Accounts payable and accrued expenses | $110,029 |
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 | $360,338 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $470,367 |
Net assets without donor restrictions | -$218,166 |
Net assets with donor restrictions | $239,566 |
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 | $491,767 |
Over the last fiscal year, Ingenuityne Inc has awarded $20,500 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
BOSTON PUBLIC SCHOOLS PURPOSE: TEAM SUPPORT | $8,000 |
CONNECTICUT STATE DEPT OF EDUCATION PURPOSE: TEAM SUPPORT | $12,500 |