Georgiafirst Robotics Inc
- Assets
- $615.9k
- Revenue
- $592.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Cumming, GA
- Founding
- 02/2014
- Data as of
- 06/2022
- EIN
- 46-0532411
Organization Overview
Georgiafirst Robotics Inc is located in Cumming, GA. The organization was established in 2014. 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. Georgiafirst 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 06/2022, Georgiafirst Robotics Inc generated $592.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $714.9k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE YOUNG PEOPLE TO BE SCIENSE AND TECHNOLOGY LEADERS, BY ENGAGING THEM IN EXCITING MENTOR-BASED PROGRAMS THAT BUILD SCIENCE, ENGINEERING AND TECHNOLOGY SKILLS, THAT INSPIRE INNOVATION, AND THAT FOSTER WELL-ROUNDED LIFE CAPABILITIES INCLUDING SELF-CONFIDENCE, COMMUNICATION AND LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GEORGIAFIRST WAS ABLE TO RETURN TO IN-PERSON COMPETITION FOR THE FIRST ROBOTICS COMPETITION (FRC). AFTER A TWO YEAR HIATUS, DUE TO THE GLOBAL PANDEMIC, OUR PREMIER PROGRAM WAS ABLE TO BE RESTARTED WITH A SUCCESSFUL FIVE EVENT SEASON THAT SERVED OVER 3,000 HIGH SCHOOL YOUTH IN GEORGIA. WE ALSO EXPANDED OUR OFF-SEASON EVENT PROGRAMS TO INCLUDE TWO COMPETITION EVENTS FOR FRC, ONE EVENT IN JULY AND ONE IN THE OCTOBER/NOVEMBER. THESE TWO EVENTS SERVED OVER 2,500 HIGH SCHOOL YOUTH FROM GEORGIA AND SURROUNDING STATES. FURTHER, WE COMPLETED A SUCCESSFUL MOVE TO A PERMANENT RENTAL LOCATION THAT ALLOWS FOR TRAINING FACILITIES, MEETING SPACE AND STORAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connie Haynes CEO | Officer | 40 | $120,444 |
Justin Eggart Director | Trustee | 0 | $0 |
Jim Fekete Director | Trustee | 0 | $0 |
Ian Ferguson Director | Trustee | 0 | $0 |
Levent Gokeen Director | Trustee | 0 | $0 |
Jim Johnson Director | Trustee | 0 | $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 | $461,751 |
| Noncash contributions included in lines 1a–1f | $80,315 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $461,751 |
| Total Program Service Revenue | $128,362 |
| Investment income | $0 |
| 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 | $592,170 |
| 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. | $120,444 |
| Compensation of current officers, directors, key employees. | $19,271 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $3,613 |
| Other employee benefits | $0 |
| Payroll taxes | $10,364 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $13,061 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,504 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $37,707 |
| Insurance | $10,869 |
| All other expenses | $30,840 |
| Total functional expenses | $714,883 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $325,344 |
| Savings and temporary cash investments | $209,078 |
| 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 | $7,396 |
| Net Land, buildings, and equipment | $74,040 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $615,858 |
| Accounts payable and accrued expenses | $11,406 |
| 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 | $11,406 |
| Net assets without donor restrictions | $604,452 |
| 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 | $615,858 |