Lakeshore First Robotics Programs
- Assets
- $438.0k
- Revenue
- $432.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Manitowoc, WI
- Founding
- 12/2015
- Data as of
- 06/2022
- EIN
- 46-4316812
Organization Overview
Lakeshore First Robotics Programs is located in Manitowoc, WI. The organization was established in 2015. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Lakeshore First Robotics Programs 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, Lakeshore First Robotics Programs generated $432.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.0% each year . All expenses for the organization totaled $297.4k during the year ending 06/2022. While expenses have increased by 26.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO INSPIRE YOUNG PEOPLE TO BE SCIENCE AND TECHNOLOGY 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 INCLUDING SELF-CONFIDENCE, COMMUNICATION, AND LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EDUCATIONAL OPPORTUNITIES THROUGH TEAM BUILDING TO ADVANCE STUDENTS KNOWLEDGE IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH BY MAKING LEARNING FUN. THE ORGANIZATION SUPPORTS COMPETITIVE LEAGUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arrow Guetschow President | OfficerTrustee | $0 | |
Marty Plocher Vice Preside | OfficerTrustee | $0 | |
Anna Knutson Secretary | OfficerTrustee | $0 | |
Jim Shimek Treasurer | OfficerTrustee | $0 | |
Chris Dewane Director Ftc | Trustee | $0 | |
Jennifer Blake-Krueger Director Of | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $38,093 |
| All other contributions, gifts, grants, and similar amounts not included above | $342,692 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $380,785 |
| Total Program Service Revenue | $16,715 |
| Investment income | $8 |
| 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 | $431,954 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $2,025 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $688 |
| Advertising and promotion | $9,761 |
| Office expenses | $4,689 |
| Information technology | $1,318 |
| Royalties | $0 |
| Occupancy | $40,438 |
| Travel | $0 |
| 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 | $12,730 |
| Insurance | $1,527 |
| All other expenses | $19,735 |
| Total functional expenses | $297,449 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,845 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $38,093 |
| Accounts receivable, net | $78 |
| 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 | $316,995 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $438,011 |
| Accounts payable and accrued expenses | $11,108 |
| 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 | $11,108 |
| Net assets without donor restrictions | $391,276 |
| Net assets with donor restrictions | $35,627 |
| 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 | $438,011 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Lakeshore First Robotics Programs has recieved totaling $250,277.
| Awarding Organization | Amount |
|---|---|
Ruth St John & John Dunham West Foundation Inc Manitowoc, WI PURPOSE: RESTRICTED | $190,000 |
Lakeshore Community Foundation Inc Manitowoc, WI PURPOSE: UNRESTRICTED | $50,000 |
Ruth St John & John Dunham West Foundation Inc Manitowoc, WI PURPOSE: UNRESTRICTED | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $277 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Transitions Chartered School Minneapolis, MN | $28,235,035 | $63,864,968 |
Four Lakes Education Inc Mcfarland, WI | $19,510,761 | $31,025,737 |
Progressnow Education Lansing, MI | $1,591,280 | $29,411,544 |
College Possible Saint Paul, MN | $23,283,310 | $31,201,183 |
Spencer Foundation Chicago, IL | $670,624,797 | $32,472,140 |
Childrens First Fund The Chicago Public School Foundation Chicago, IL | $26,791,850 | $26,985,163 |
Midwest Dairy Association Saint Paul, MN | $7,228,337 | $23,101,295 |
Lycee Francais De Chicago Inc Chicago, IL | $48,724,560 | $20,322,112 |
Sertoma Centre Inc Alsip, IL | $22,208,490 | $17,472,414 |
Chippewa Luce Macinac Comm Action Human Resource Auth Inc Sault Ste Marie, MI | $6,136,968 | $10,393,284 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
Illinois Cpa Society Chicago, IL | $13,009,574 | $9,942,006 |