Lightning Robotics is located in Canton, MI. The organization was established in 2019. According to its NTEE Classification (B80) the organization is classified as: Student 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. Lightning 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 06/2022, Lightning Robotics generated $105.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $133.7k during the year ending 06/2022. 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
PROVIDED FOR THE HIGH SCHOOL STUDENTS TO DESIGN BUILD MARKET AND COMPETE IN ROBOTICS COMPETITIONS THAT PROMOTE STEM LEARNING OPPORTUNITIES AND OUTREACH FOR YOUTH. THIS PROGRAM REACHES OVER 200 YOUTH PROVIDING GROWTH OPPORTUNITIES THROUGHOUT THEIR HIGH SCHOOL CAREER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jay Obsniuk President | 30 | $0 | |
Daniel Griwicki Treasurer | 5 | $0 | |
Joe Jagadics Director | 20 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $61,895 |
Total Program Service Revenue | $0 |
Membership dues | $8,601 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $3,734 |
Other Revenue | $30,800 |
Total Revenue | $105,030 |
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 | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $133,703 |
Total expenses | $133,703 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $73,639 |
Other assets | $0 |
Total assets | $73,639 |
Total liabilities | $0 |
Net assets or fund balances | $73,639 |
Over the last fiscal year, we have identified 1 grants that Lightning Robotics has recieved totaling $21,400.
Awarding Organization | Amount |
---|---|
For Inspiration And Recognition Of Science And Technology First Manchester, NH PURPOSE: Program Support | $21,400 |
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