First State Robotics Incorporated is located in Hockessin, DE. The organization was established in 2004. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First State Robotics Incorporated 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 05/2023, First State Robotics Incorporated generated $130.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $158.2k during the year ending 05/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THREE PROGRAMS: FIRST LEGO, FIRST TECH CHALLENGE AND FIRST ROBOTIC COMP. PARTICIPATION INCLUDED 50 STUDENTS & 40 ADULT MENTORS. HELD OUTREACH EVENTS AND STATE CHAMPIONSHIPS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Perrotto President | 5 | $0 | |
John Larock Vice President | 5 | $0 | |
Gregory Franz Secretary | 5 | $0 | |
Wayne Bunting Treasurer | 5 | $0 | |
Eric Cheek Director | 5 | $0 | |
Jeff Chambers Director | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,363 |
| Total Program Service Revenue | $77,721 |
| Membership dues | $0 |
| Investment income | $607 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,648 |
| Other Revenue | $0 |
| Total Revenue | $130,339 |
| 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 | $6,102 |
| Occupancy, rent, utilities, and maintenance | $8,009 |
| Printing, publications, postage, and shipping | $4,674 |
| Other expenses | $139,372 |
| Total expenses | $158,157 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $380,812 |
| Other assets | $0 |
| Total assets | $380,812 |
| Total liabilities | $317 |
| Net assets or fund balances | $380,495 |