Walton Robotics Foundation is located in Marietta, GA. The organization was established in 2011. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walton Robotics Foundation 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, Walton Robotics Foundation generated $183.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $172.7k during the year ending 05/2023. While expenses have increased by 10.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
ROBOT PRODUCTION AND COMPETITION EXPENSES FOR STUDENTS TO COMPETE IN VARIOUS VIRTUAL ROBOTIC COMPETITIONS IN ORDER TO HELP STUDENTS DEVELOP PERSONAL AND PROFESSIONAL SKILLS AS WELL AS INSPIRE CAREERS IN A STEM FIELD.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Morgan President | 1 | $0 | |
Ashley Gravelee Secretary | 1 | $0 | |
Wendy Vitale Treasurer | 2 | $0 | |
Frank Jarrell Trustee | 5 | $0 | |
Mark Bassett Trustee | 1 | $0 | |
Brian Benton Coach | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,903 |
| Total Program Service Revenue | $0 |
| Membership dues | $152,237 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $14,410 |
| Total Revenue | $183,550 |
| 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 | $1,092 |
| Printing, publications, postage, and shipping | $368 |
| Other expenses | $171,278 |
| Total expenses | $172,738 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,657 |
| Other assets | $0 |
| Total assets | $70,657 |
| Total liabilities | $0 |
| Net assets or fund balances | $70,657 |