Roboteers Team 2481 Inc
- Assets
- $303.0k
- Revenue
- $142.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Pekin, IL
- Founding
- 03/2019
- Data as of
- 12/2023
- EIN
- 82-3886501
Organization Overview
Roboteers Team 2481 Inc is located in Pekin, IL. The organization was established in 2019. According to its NTEE Classification (B28) the organization is classified as: Special Education, 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. Roboteers Team 2481 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 12/2023, Roboteers Team 2481 Inc generated $142.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $100.9k during the year ending 12/2023. While expenses have increased by 13.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE YOUTH IN SCIENCE AND TECHNOLOGY THROUGH ACTIVITIES AND COMPETITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THE 2023 SEASON WE HAD 21 STUDENTS AND 17 MENTORS. THE TEAM COMPETED IN THE CENTRAL IL REGIONAL IN PEORIA IL AND THEN SEVEN RIVERS REGIONAL IN LA CROSSE WI. THE TEAM QUALIFIED FOR THE FIRST ROBOTICS WORLD CHAMPIONSHIP BY WINNING THE FIRST IMPACT AWARD AT THE SEVEN RIVERS REGIONAL AND ATTENDED THE FIRST ROBOTICS WORLD CHAMPIONSHIP IN HOUSTON TX. WHILE AT THE COMPETITION, STUDENTS LEAD THE TEAM BY SCOUTING, RUNNING THE PIT AND WORKING ON THE ROBOT, AND BY OPERATING THE ROBOT AS MEMBERS OF THE DRIVE TEAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew L Draear President | OfficerTrustee | 15 | $0 |
Kyle Waremburg Vice President | OfficerTrustee | 2 | $0 |
Greg Waremburg Treasurer | OfficerTrustee | 2 | $0 |
Trenton Noreen Secretary | OfficerTrustee | 3 | $0 |
Vanessa Noreen Officer | Trustee | 5 | $0 |
Doug Draear Officer | Trustee | 2 | $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 | $133,171 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $133,171 |
| Total Program Service Revenue | $7,250 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $142,921 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $2,358 |
| Advertising and promotion | $970 |
| Office expenses | $4,306 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,234 |
| Travel | $13,141 |
| 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 | $6,404 |
| Insurance | $5,580 |
| All other expenses | $0 |
| Total functional expenses | $100,891 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,539 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $264,413 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $302,952 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $302,952 |
| 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 | $302,952 |