Limbitless Solutions Inc
- Assets
- $1.0m
- Revenue
- $765.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 12/2014
- Data as of
- 06/2021
- EIN
- 47-1944657
Organization Overview
Limbitless Solutions Inc is located in Orlando, FL. The organization was established in 2014. According to its NTEE Classification (H92) the organization is classified as: Biomedicine & Bioengineering Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Limbitless Solutions 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 06/2021, Limbitless Solutions Inc generated $765.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 35.6% each year . All expenses for the organization totaled $315.1k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT UCF IN ELECTRONIC ADVANCEMENTS IN DISABILITY TECHNOLOGY; PROMOTION OF ACCESS AND ENGAGEMENT IN STEM/STEAM EDUCATION; AND TO WORK WITH THIRD PARTIES TO SUPPORT FURTHER RELATED RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DESIGN OF BIONIC ARMS FOR CHILDREN: LIMBITLESS SOLUTIONS WAS ESTABLISHED AS A DIRECT SUPPORT ORGANIZATION OF THE UNIVERSITY OF CENTRAL FLORIDA TO RESEARCH, DESIGN, CREATE, AND DELIVER MECHANICAL AND ELECTRONIC ADVANCEMENTS IN DISABILITY TECHNOLOGY, INFUSING ENGINEERING WITH ARTISTIC DESIGN. LIMBITLESS CREATES PERSONALIZED, CREATIVE, AND EXPRESSIVE 3D-PRINTED PROSTHETICS FOR CHILDREN WITH LIMB DIFFERENCES USING ELECTROMYOGRAPHIC (EMG) TECHNOLOGY. LIMBITLESS WORKS CLOSELY WITH EACH CHILD AND THEIR FAMILIES, COMBINING ART AND ENGINEERING TO MAKE AN ARM PERSONALIZED TO THEM, SO THAT EACH BIONIC ARM CREATED IS A REFLECTION OF A BIONIC CHILD'S PERSONALITY. FOR EXAMPLE, LIMBITLESS COLLABORATES WITH EACH CHILD TO CUSTOMIZE THE SLEEVE DESIGN OF THE CHILD'S BIONIC ARM WITH THE GOAL OF REFLECTING THE PERSONALITIES AND INTERESTS OF EACH CHILD. THROUGH THESE EXPRESSIVE BIONICS, THE ORGANIZATION HOPES TO EMPOWER CONFIDENCE IN EACH CHILD WEARING A BIONIC ARM. TO HELP BIONIC CHILDREN ADAPT TO THEIR NEW PROSTHETIC, LIMBITLESS CREATES FUN AND IMMERSIVE VIDEO GAMES. THE VIDEO GAMES USE THE ARM'S EMG TECHNOLOGY AS A CONTROLLER TO HELP THE CHILDREN GAIN COMFORT AND SKILL USING THEIR BIONIC DEVICE. 40 CHILDREN HAVE RECEIVED BIONIC LIMBS FROM LIMBITLESS. ADDITIONALLY, LIMBITLESS SOLUTIONS PROVIDES AND DISTRIBUTES BIONIC SOLUTIONS THROUGH THE CLINICAL TRIAL PROCESS, WITH 62 CHILDREN BEING FUNDED FOR CURRENT AND FUTURE CLINICAL TRIALS THUS FAR.
DEVELOP AND IMPROVE TECHNOLOGY AND DESIGN OF BIONIC ARMS: IMPLEMENT AN INTERCHANGEABLE SLEEVE DESIGN THAT ALLOWS THE USER TO FULLY CUSTOMIZE THEIR BIONIC DEVICE. THESE ARTISTIC SLEEVES ARE SELECTED AND MODIFIED BY THE USER TO CREATE A UNIQUE, PERSONALIZED DESIGN. PROGRAMMING AND ENGINEERING UPGRADES HAS ALLOWED FOR MULTI-GESTURE CAPABILITIES; GIVING THE USER EXPANDED DEXTERITY. NOW THE USER CAN ACCESS MULTIPLE GESTURES (SUCH AS FINGER POINTS, PEACE SIGNS, THUMBS UP, ETC.) BY FLEXING THEIR MUSCLE.
PROMOTE STEAM/STEM AND HOST EDUCATIONAL EVENTS: HOST STUDENTS FOR A DAY-LONG IMMERSIVE STEAM EXPERIENCE. STUDENTS LEARN ABOUT COMBINING SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATH TO CREATE MEANINGFUL AND ARTISTIC DESIGNS. OUR TEAM ALSO TRAVELS ACROSS THE COUNTRY TALKING ABOUT 3D HOPE AND THE POWER OF YOUNG PEOPLE GETTING INVOLVED IN STEAM AT AN EARLY AGE.
MAINTAIN A STUDENT SCHOLAR PROGRAM THAT MENTORS A DIVERSE POPULATION OF UNIVERSITY STUDENTS IN DISABILITY TECHNOLOGY AND STORYTELLING: STUDENT SCHOLARS ARE FULLY INTEGRATED IN A DYNAMIC PROJECT-BASED LEARNING PROGRAM THAT FOCUSES ON DISABILITY TECHNOLOGY CHALLENGES. THIS UNIQUE PROGRAM GIVES STUDENTS THE OPPORTUNITY TO WORK IN A MANUFACTURING LABORATORY, WORKING ON DISABILITY TECHNOLOGY THAT IS IMPACTING THE LIVES OF PEOPLE ACROSS THE COUNTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $499,784 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $271,743 |
| Noncash contributions included in lines 1a–1f | $43,608 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $771,527 |
| Total Program Service Revenue | $2,174 |
| Investment income | $4,500 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$13,171 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $681 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $765,711 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,000 |
| 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 | $13,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,295 |
| Advertising and promotion | $895 |
| Office expenses | $33,885 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $75,225 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $75 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $98,345 |
| Insurance | $1,900 |
| All other expenses | $0 |
| Total functional expenses | $315,119 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,948 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,543 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $547,565 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $376,798 |
| Total assets | $1,004,854 |
| Accounts payable and accrued expenses | $91,480 |
| Grants payable | $0 |
| Deferred revenue | $69,046 |
| 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 | $49,993 |
| Total liabilities | $210,519 |
| Net assets without donor restrictions | $794,335 |
| Net assets with donor restrictions | $0 |
| 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 | $1,004,854 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Limbitless Solutions Inc has recieved totaling $19,000.
| Awarding Organization | Amount |
|---|---|
James D Scheinfeld Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $19,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Emtech Inc Atlanta, GA | $29,330,405 | $2,880,833 |
Discovery Cure Institute Inc Alachua, FL | $4,341,593 | $250,004 |
Limbitless Solutions Inc Orlando, FL | $1,004,854 | $765,711 |
Gorgas Memorial Institute Of Tropic Al And Preventative Medicine Inc Birmingham, AL | $1,954,183 | $433,597 |
Augusta Biomedical Research Corporation Augusta, GA | $374,758 | $102,169 |