Aquidneck Island Robotics Inc
EIN: 472471857 · Middletown, RI · NTEE: O50
| Metric | Value |
|---|---|
| Total Expenses | $11K |
| Net Assets | $69K |
Is Aquidneck Island Robotics Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Aquidneck Island Robotics Inc
Aquidneck Island Robotics Inc (EIN: 472471857) is a nonprofit organization based in Middletown, RI, classified under NTEE code O50. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aquidneck Island Robotics Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aquidneck Island Robotics Inc is a micro nonprofit that has been operating for 12 years, with 3 years of IRS 990 filings on record (2018–2022). Revenue has grown at a compound annual rate of -28.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $11K |
| Surplus / Deficit | +$4K |
| Total Assets | $69K |
| Net Assets | $69K |
| Operating Margin | 27.5% |
| Months of Reserves | 79.1 months |
Financial Health Grade: A
In 2022, Aquidneck Island Robotics Inc reported a surplus of $4K with revenue exceeding expenses, holds 79.1 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2018–2022), Aquidneck Island Robotics Inc's revenue has declined at a compound annual growth rate (CAGR) of -28.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -69.8% | -73.3% | +6.1% |
| 2022 | -13.1% | -20.6% | +92.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Aquidneck Island Robotics Inc 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 Aquidneck Island Robotics Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Frequently Asked Questions about Aquidneck Island Robotics Inc
Is Aquidneck Island Robotics Inc a legitimate charity?
Aquidneck Island Robotics Inc (EIN: 472471857) is a registered tax-exempt nonprofit based in Rhode Island. It has 3 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Aquidneck Island Robotics Inc spend its money?
Aquidneck Island Robotics Inc reported its financials in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Aquidneck Island Robotics Inc tax-deductible?
Aquidneck Island Robotics Inc is registered as a tax-exempt nonprofit (EIN: 472471857). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Aquidneck Island Robotics Inc located?
Aquidneck Island Robotics Inc is headquartered in Middletown, Rhode Island and files with the IRS under EIN 472471857. It is classified under NTEE code O50.
How many years of IRS 990 filings does Aquidneck Island Robotics Inc have?
Aquidneck Island Robotics Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Aquidneck Island Robotics Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2018–2022), Aquidneck Island Robotics Inc's revenue has declined by 73.8%, moving from $55K to $15K. Total assets increased by 104.7% over the same period, from $34K to $69K. Total functional expenses fell by 78.8%, from $50K to $11K. In its most recent filing year (2022), Aquidneck Island Robotics Inc reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $15K | $11K | $69K | $0 | — | View 990 |
| 2022 | $48K | $39K | $65K | $0 | — | — |
| 2018 | $55K | $50K | $34K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $15K, expenses of $11K, and assets of $69K (revenue -69.8% year-over-year).
- 2022: Revenue of $48K, expenses of $39K, and assets of $65K (revenue -13.1% year-over-year).
- 2018: Revenue of $55K, expenses of $50K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aquidneck Island Robotics Inc:
Data Sources and Methodology
This transparency report for Aquidneck Island Robotics Inc 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.