Innovators Robotics Inc
- Assets
- $4.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dayton, OH
- Founding
- 09/2009
- Data as of
- 12/2022
- EIN
- 27-0281940
Organization Overview
Innovators Robotics Inc is located in Dayton, OH. The organization was established in 2009. According to its NTEE Classification (B90) the organization is classified as: Educational 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. Innovators Robotics 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 12/2022, Innovators Robotics Inc generated $5.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (32.7%) each year. All expenses for the organization totaled $10.2k during the year ending 12/2022. 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
OUR ORGANIZATION PROVIDES SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) EXPLORATION OPPORTUNITIES FOR STUDENTS AND SUPPORTS EDUCATIONAL OUTREACH PROJECTS IN DAYTON AND SURROUNDING AREAS. THE PURPOSE IS TO OVERCOME THE NATIONAL SHORTAGE OF STEM PROFESSIONALS BY INCREASING THE NUMBER OF STEM OPPORTUNITIES IN THE EDUCATION SYSTEM AND INSPIRING THE STUDENTS TO EXPLORE AND PURSUE STEM CAREERS. STUDENTS LEARN AND DEVELOP ENGINEERING, MANUFACTURING, FABRICATION, PROGRAMMING, CAD MODELING AND PUBLIC SPEAKING SKILLS, WHILE BUILDING AND PROGRAMMING ROBOTS TO COMPETE IN THE FIRST ROBOTICS COMPETITIONS. STUDENTS WILL LEARN SKILLS THAT THEY CAN TAKE DIRECTLY INTO THE JOB MARKET. THERE IS NO COST TO STUDENTS TO JOIN THE ORGANIZATION. SINCE 2010, 90% OF OUR STUDENTS HAVE PURSUED DEGREES IN STEM WITH OVER $2 MILLION IN AWARDED SCHOLARSHIPS. IN ADDITION, 5% OF THE STUDENTS HAVE ENTERED THE WORKFORCE IN TECHNICAL POSITIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Miller Executive Officer | 8 | $0 | |
Lisa Adkins Treasurer | 1 | $0 | |
Jonathan Potter Secretary | 12 | $0 | |
Scott Milligan Lead Frc Coach | 2.5 | $0 | |
Mike Gehron Lead Frc Coach | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,635 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,635 |
| 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 | $10,233 |
| Total expenses | $10,233 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,708 |
| Other assets | $0 |
| Total assets | $4,708 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,708 |