Robotics Education And Competition Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,603,825 | 1,477,818 | 126,007 | 2.8 | 25% |
| 2012 | 2,706,829 | 2,861,166 | −154,337 | -0.0 | 28% |
| 2013 | 3,503,666 | 3,699,195 | −195,529 | 1.2 | 30% |
| 2014 | 5,154,681 | 4,917,882 | 236,799 | 0.3 | 33% |
| 2015 | 6,065,043 | 6,265,757 | −200,714 | 0.4 | 31% |
| 2016 | 7,973,762 | 8,139,292 | −165,530 | 0.0 | 21% |
| 2017 | 8,635,409 | 8,887,295 | −251,886 | -0.6 | 30% |
| 2018 | 10,907,672 | 9,619,999 | 1,287,673 | 1.1 | 29% |
| 2019 | 13,576,182 | 12,519,365 | 1,056,817 | 1.9 | 24% |
| 2020 | 10,348,184 | 9,343,754 | 1,004,430 | 3.8 | 31% |
| 2022 | 17,811,729 | 17,442,610 | 369,119 | 4.2 | 22% |
| 2023 | 21,942,896 | 18,788,529 | 3,154,367 | 5.9 | 25% |
In its most recent public year (2023), this organization brought in $3,154,367 more than it spent. Its reserves stood at about 5.9 months of spending, up from 2.8 in 2011. Staff pay was 25% of spending. $1,147,221 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Robotics Education And Competition Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works