Robotics Institute Of Maine
EIN: 461343734 · Augusta, ME · NTEE: B03
| Metric | Value |
|---|---|
| Total Revenue | $49K |
| Total Expenses | $31K |
| Net Assets | $34K |
Is Robotics Institute Of Maine Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Robotics Institute Of Maine
Robotics Institute Of Maine (EIN: 461343734) is a nonprofit organization based in Augusta, ME, classified under NTEE code B03. The organization reported total revenue of $49K and total assets of $31K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robotics Institute Of Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Robotics Institute Of Maine is a micro nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $31K |
| Surplus / Deficit | $-16,261 |
| Total Assets | $34K |
| Net Assets | $34K |
| Operating Margin | -108.5% |
| Months of Reserves | 13.1 months |
Financial Health Grade: B
In 2023, Robotics Institute Of Maine reported a deficit of $16K with expenses exceeding revenue, holds 13.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2013–2023), Robotics Institute Of Maine's revenue has declined at a compound annual growth rate (CAGR) of -11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.8% | +9.8% | -32.2% |
| 2022 | -25.9% | +139.4% | -22.8% |
| 2021 | -6.7% | -79.5% | +10.7% |
| 2020 | -87.0% | -51.6% | -39.3% |
| 2019 | +3.2% | +39.9% | +31.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Robotics Institute Of Maine 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 Robotics Institute Of Maine 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
Frequently Asked Questions about Robotics Institute Of Maine
Is Robotics Institute Of Maine a legitimate charity?
Based on AI analysis of IRS 990 filings, Robotics Institute Of Maine (EIN: 461343734) insufficient data. 0 red flags identified, 0 strengths noted.
How does Robotics Institute Of Maine spend its money?
Detailed spending breakdown data is not yet available for Robotics Institute Of Maine. Check back for updated IRS 990 analysis.
Are donations to Robotics Institute Of Maine tax-deductible?
Robotics Institute Of Maine is registered as a tax-exempt nonprofit (EIN: 461343734). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Robotics Institute Of Maine located?
Robotics Institute Of Maine is headquartered in Augusta, Maine and files with the IRS under EIN 461343734. It is classified under NTEE code B03.
How many years of IRS 990 filings does Robotics Institute Of Maine have?
Robotics Institute Of Maine has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $49K in total revenue.
Filing History
IRS 990 filing history for Robotics Institute Of Maine showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2013–2023), Robotics Institute Of Maine's revenue has declined by 70%, moving from $50K to $15K. Total assets increased by 245.5% over the same period, from $10K to $34K. Total functional expenses fell by 22.1%, from $40K to $31K. In its most recent filing year (2023), Robotics Institute Of Maine reported a deficit of $16K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15K | $31K | $34K | $0 | — | — |
| 2022 | $14K | $28K | $50K | $0 | — | View 990 |
| 2021 | $18K | $12K | $65K | $0 | — | — |
| 2020 | $20K | $58K | $59K | $65 | — | View 990 |
| 2019 | $150K | $119K | $97K | $0 | — | — |
| 2018 | $145K | $85K | $74K | $0 | — | View 990 |
| 2017 | $77K | $118K | $14K | $0 | — | View 990 |
| 2017 | $154K | $176K | $55K | $0 | — | View 990 |
| 2016 | $197K | $197K | $77K | $0 | — | View 990 |
| 2015 | $216K | $181K | $77K | $0 | — | View 990 |
| 2014 | $233K | $212K | $31K | $0 | — | — |
| 2013 | $50K | $40K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15K, expenses of $31K, and assets of $34K (revenue +10.8% year-over-year).
- 2022: Revenue of $14K, expenses of $28K, and assets of $50K (revenue -25.9% year-over-year).
- 2021: Revenue of $18K, expenses of $12K, and assets of $65K (revenue -6.7% year-over-year).
- 2020: Revenue of $20K, expenses of $58K, and assets of $59K (revenue -87.0% year-over-year).
- 2019: Revenue of $150K, expenses of $119K, and assets of $97K (revenue +3.2% year-over-year).
- 2018: Revenue of $145K, expenses of $85K, and assets of $74K (revenue +90.2% year-over-year).
- 2017: Revenue of $77K, expenses of $118K, and assets of $14K (revenue -50.4% year-over-year).
- 2017: Revenue of $154K, expenses of $176K, and assets of $55K (revenue -21.7% year-over-year).
- 2016: Revenue of $197K, expenses of $197K, and assets of $77K (revenue -8.6% year-over-year).
- 2015: Revenue of $216K, expenses of $181K, and assets of $77K (revenue -7.6% year-over-year).
- 2014: Revenue of $233K, expenses of $212K, and assets of $31K (revenue +366.6% year-over-year).
- 2013: Revenue of $50K, expenses of $40K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Robotics Institute Of Maine:
Data Sources and Methodology
This transparency report for Robotics Institute Of Maine 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.