7028 Robotics
EIN: 843854964 · Albertville, MN · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $126K |
| Total Expenses | $151K |
| Net Assets | $1 |
Is 7028 Robotics Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About 7028 Robotics
7028 Robotics (EIN: 843854964) is a nonprofit organization based in Albertville, MN, classified under NTEE code O50. The organization reported total revenue of $126K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 7028 Robotics's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
7028 Robotics is a small nonprofit that has been operating for 6 years, with 2 years of IRS 990 filings on record (2023–2024). Revenue has grown at a compound annual rate of 87.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $168K |
| Total Expenses | $151K |
| Surplus / Deficit | +$17K |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | 9.9% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2024, 7028 Robotics reported a surplus of $17K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2023–2024), 7028 Robotics's revenue has grown at a compound annual growth rate (CAGR) of 87.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +87.2% | +70.4% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1280 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for 7028 Robotics has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 7028 Robotics with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17K, with revenue exceeding expenses.
Frequently Asked Questions about 7028 Robotics
Is 7028 Robotics a legitimate charity?
Based on AI analysis of IRS 990 filings, 7028 Robotics (EIN: 843854964) insufficient data. 0 red flags identified, 0 strengths noted.
How does 7028 Robotics spend its money?
Detailed spending breakdown data is not yet available for 7028 Robotics. Check back for updated IRS 990 analysis.
Are donations to 7028 Robotics tax-deductible?
7028 Robotics is registered as a tax-exempt nonprofit (EIN: 843854964). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is 7028 Robotics located?
7028 Robotics is headquartered in Albertville, Minnesota and files with the IRS under EIN 843854964. It is classified under NTEE code O50.
How many years of IRS 990 filings does 7028 Robotics have?
7028 Robotics has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $126K in total revenue.
Filing History
IRS 990 filing history for 7028 Robotics showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2023–2024), 7028 Robotics's revenue has grown by 87.2%, moving from $90K to $168K. Total assets decreased by 100% over the same period, from $43K to $1. Total functional expenses rose by 70.4%, from $89K to $151K. In its most recent filing year (2024), 7028 Robotics reported a surplus of $17K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $168K | $151K | $1 | $0 | — | — |
| 2023 | $90K | $89K | $43K | $4K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 7028 Robotics:
Data Sources and Methodology
This transparency report for 7028 Robotics is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.