Brandywine Robotics Inc
- Assets
- $61.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chester Springs, PA
- Founding
- 12/2013
- Data as of
- 12/2022
- EIN
- 46-3166665
Organization Overview
Brandywine Robotics Inc is located in Chester Springs, PA. The organization was established in 2013. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Brandywine Robotics 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 12/2022, Brandywine Robotics Inc generated $168.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $174.1k during the year ending 12/2022. While expenses have increased by 15.3% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE STEM EDUCATION VIA SPONSORSHIP OF VEX VRC AND IQ TEAMS (APPROXIMATELY 175 STUDENTS). TEAMS DESIGN, BUILD AND COMPETE IN REGIONAL AND NATIONAL COMPETITIONS; EXPENSES ARE FOR PARTS, REGISTRATIONS, SUPPLIES AND FACILITIES TO SUPPORT THIS CAUSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Hallahan Vice President | 5 | $0 | |
Ajai Nair President | 5 | $0 | |
Bimal Patel Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,441 |
| Total Program Service Revenue | $0 |
| Membership dues | $160,586 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $168,027 |
| 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 | $15,240 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $158,831 |
| Total expenses | $174,071 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,878 |
| Other assets | $0 |
| Total assets | $61,878 |
| Total liabilities | $0 |
| Net assets or fund balances | $61,878 |
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