Idaho Regional Robotics Inc
- Assets
- $426.8k
- Revenue
- $480.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Meridian, ID
- Founding
- Data as of
- 12/2023
- EIN
- 81-1568647
Organization Overview
Idaho Regional Robotics Inc, operating under the name First Idaho Robotics, is located in Meridian, ID. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Idaho Robotics 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, First Idaho Robotics generated $480.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $303.1k during the year ending 12/2023. While expenses have increased by 22.4% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
K-12 EDUCATION FOR ELEMENTARY THROUGH HIGH SCHOOL STUDENTS USING FIRST ROBOTICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE IDAHO REGIONAL FRC ROBOTICS COMPETITION INCLUDES TEAMS FROM MANY WESTERN STATES AND OTHER COUNTRIES INCLUDING CANADA AND CHINA.
OTHER EXEMPT EXPENSES INCLUDE OFFSEASON EVENT AND EXPENDITURES FOR DEVELOPMENT OF PROGRAM.
THE FRC ROOKIE PROGRAM IS USED TO SUPPORT THE DEVELOPMENT COSTS OF NEW IDAHO TEAMS IN THE FRC PROGRAM. THIS IS A PROGRAM TO SUPPORT THE INITIAL COSTS ASSOCIATED WITH A NEW TEAM. DONATIONS ARE RESTRICTED AND ONLY USED TO PASS ON TO THE TEAMS. ALL EXPENSES (NOT GRANTS) ARE FUNDED FROM GENERAL FRC UNRESTRICTED FUNDS.
THE FTC/FLL PROGRAMS INCLUDES COMPETITION FOR FIRST TECH CHALLENGE AND FIRST LEGO LEAGUE PROGRAMS AND INCLUDES TEMAS FROM MANY WESTERN STATES. FTC (FIRST TECH CHALLENGE) IS A FIRST ROBOTICS PROGRAM FOR 7TH-12 GRADERS (AGES 12-18). GENERALLY RUN THE SAME AS FRC BUT AT A MUCH REDUCED SCALE. FLL (FIRST LEGO LEAGUE) IS A FIRST ROBOTICS PROGRAM FOR K-8TH GRADE (AGES 6-12). IT IS GENERALLY RUN THE SAME AS THE OTHER PROGRAMS BUT USES LEGO KITS, THUS AT A MUCH SIMPLER AND SMALLER SCALE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Lalliss-Skogsberg Executive Di | OfficerTrustee | 20 | $21,250 |
Stephanie Woodman Treasurer | OfficerTrustee | 8 | $10,000 |
Richard Anderson Director | Trustee | 2 | $0 |
Noah Bard Vice Preside | OfficerTrustee | 2 | $0 |
Dean Klein Director | Trustee | 2 | $0 |
Kaitlin Maguire Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $446,236 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $446,236 |
| Total Program Service Revenue | $25,867 |
| Investment income | $1,137 |
| 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 | $480,146 |
| 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. | $31,250 |
| Compensation of current officers, directors, key employees. | $3,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,516 |
| 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 | $2,058 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $537 |
| Information technology | $2,186 |
| Royalties | $0 |
| Occupancy | $3,656 |
| Travel | $5,001 |
| 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 | $75,000 |
| Depreciation, depletion, and amortization | $7,940 |
| Insurance | $4,402 |
| All other expenses | $17,776 |
| Total functional expenses | $303,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $413,260 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $13,547 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $426,807 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $426,807 |
| 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 | $426,807 |