Friends Of Waialua Robotics Inc
- Assets
- $92.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waipahu, HI
- Founding
- 01/2017
- Data as of
- 12/2021
- EIN
- 81-1144400
Organization Overview
Friends Of Waialua Robotics Inc is located in Waipahu, HI. The organization was established in 2017. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Friends Of Waialua 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 12/2021, Friends Of Waialua Robotics Inc generated $89.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $40.4k during the year ending 12/2021. While expenses have increased by 9.7% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
PARTICIPATION IN ROBOTICS COMPETITIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Lunasco Treasurer | 25 | $5,000 | |
Glenn Lee President | 25 | $5,000 | |
Melvin Matsunaga Vice Preside | 10 | $1,000 | |
Linda Souza Secretary | 10 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,847 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $34,298 |
| Other Revenue | $10,887 |
| Total Revenue | $89,040 |
| 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 | $927 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $39,426 |
| Total expenses | $40,353 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,071 |
| Other assets | $0 |
| Total assets | $92,898 |
| Total liabilities | $3,552 |
| Net assets or fund balances | $89,346 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Friends Of Waialua Robotics Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
First Hawaiian Foundation Honolulu, HI PURPOSE: TO SUPPORT WAIALUA HIGH & INTERMEDIATE STEM ROBOTICS PROJECT FOR MIDDLE AND HIGH SCHOOL STUDENTS. | $10,000 |
L3harris Foundation Inc Melbourne, FL PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pueblo Nuevo Education And Development Group Los Angeles, CA | $12,032,883 | $8,677,303 |
Silicon Schools Fund Inc Oakland, CA | $28,590,142 | $9,890,035 |
Alliance College-Ready Public Schools Foundation Los Angeles, CA | $1,948,564 | $6,883,984 |
Stem Next Opportunity Fund San Diego, CA | $10,305,213 | $10,913,896 |
Julia Burke Foundation San Francisco, CA | $10,173,958 | $4,976,202 |
Rsf Social Investment Fund Inc San Francisco, CA | $183,234,866 | $6,180,684 |
Napa Institute Support Foundation Irvine, CA | $19,458,182 | $17,196,018 |
Orange Schools Financing Corporation Orange, CA | $21,811,397 | $4,509,507 |
Herbst Foundation Inc Walnut Creek, CA | $62,095,126 | $6,418,341 |
Thornston Educational Fund Wrightwood, CA | $7,219,493 | $5,835,534 |
Hillsborough Schools Foundation Hillsborough, CA | $18,783,027 | $4,453,701 |
Community High School Foundation Inc Redwood City, CA | $49,447,352 | $3,171,594 |