Robotics Institute Of Maine
- Assets
- $34.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Augusta, ME
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 46-1343734
Organization Overview
Robotics Institute Of Maine is located in Augusta, ME. The organization was established in 2014. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robotics Institute Of Maine 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 12/2023, Robotics Institute Of Maine generated $15.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (36.9%) each year. All expenses for the organization totaled $31.2k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION IS THE PRIMARY RESOURCE FOR ROBOTICS YOUTH PROGRAMS IN THE STATE OF MAINE . THE SUPPORT WE PROVIDE IS ACCESSIBLE TO ALL MAINE STUDENTS AND SCHOOL PROGRAMS. WE SUPPORTED SEVERAL COMETITIVE TEAMS TO DESIGN AND BUILD ROBOTS. THESE TEAMS ATTEND STATE, REGIONAL, NATIONAL AND WORL ROBOTIC COMPETITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Roughton Secretary | 2 | $0 | |
Keith Mcalary Treasurer | 2 | $0 | |
Jacob Beaulier Chair | 2 | $0 | |
Alison Bessette Vice Chair | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,062 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $925 |
| Total Revenue | $14,987 |
| 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 | $2,440 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,808 |
| Total expenses | $31,248 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,286 |
| Other assets | $0 |
| Total assets | $34,236 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,236 |