Civic Intelligence

MID-Atlantic Robotics a Nj Non-Profit Corporation

990 • Fiscal year 2016 • EIN 27-3634098

Jul 01, 2015 to Jun 30, 2016 • Filed on May 10, 2017

PO Box 412West Windsor, NJ 08550

(732) 563-1144

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.27x

Higher debt load relative to assets than 88% of similar nonprofits.

2016 filings • NTEE B • <$500k nonprofits • Source year 2016

Liabilities / Revenue

89th percentile

0.21x

Higher debt load relative to revenue than 89% of similar nonprofits.

2016 filings • NTEE B • <$500k nonprofits • Source year 2016

Net Margin

57th percentile

8.9%

Higher net margin than 57% of similar nonprofits.

2016 filings • NTEE B • <$500k nonprofits • Source year 2016

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • NTEE B • <$500k nonprofits • Source year 2016

Asset Growth

85th percentile

52%

Faster asset growth than 85% of similar nonprofits.

2016 filings • NTEE B • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

52nd percentile

2.8%

Faster revenue growth than 52% of similar nonprofits.

2016 filings • NTEE B • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$381,877

Up $130,749 (+52%) from 2015

Net Assets

Up

$278,174

Up $32,944 (+13%) from 2015

Liabilities

Up

$103,703

Up $97,805 (+1658%) from 2015

Revenue

Up

$496,068

Up $13,653 (+2.8%) from 2015

Expenses

Up

$452,032

Up $82,159 (+22%) from 2015

Net Income

Down

$44,036

Down $68,506 (-61%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2013: $126,687Liabilities 2013: $10,283Net Assets 2013: $116,4042013Assets 2014: $118,318Liabilities 2014: $8,824Net Assets 2014: $109,4942014Assets 2015: $251,128Liabilities 2015: $5,898Net Assets 2015: $245,2302015Assets 2016: $381,877Liabilities 2016: $103,703Net Assets 2016: $278,1742016Assets 2017: $195,219Liabilities 2017: $9,668Net Assets 2017: $185,5512017Assets 2018: $29,054Liabilities 2018: $9,669Net Assets 2018: $19,3852018Assets 2019: $81,506Liabilities 2019: $9,668Net Assets 2019: $71,8382019Assets 2020: $602,868Liabilities 2020: $9,668Net Assets 2020: $593,2002020Assets 2021: $707,250Liabilities 2021: $0Net Assets 2021: $707,2502021Assets 2022: $1,280,565Liabilities 2022: $86,823Net Assets 2022: $1,193,7422022Assets 2025: $744,814Liabilities 2025: $47,970Net Assets 2025: $696,8442025

Highlighted filing

2016

Assets$381,877
Liabilities$103,703
Net Assets$278,174

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2013: $447,1772013Revenue 2014: $463,098Expenses 2014: $470,008Net Income 2014: -$6,9102014Revenue 2015: $482,415Expenses 2015: $369,873Net Income 2015: $112,5422015Revenue 2016: $496,068Expenses 2016: $452,032Net Income 2016: $44,0362016Revenue 2017: $344,001Expenses 2017: $436,624Net Income 2017: -$92,6232017Revenue 2018: $348,596Expenses 2018: $514,762Net Income 2018: -$166,1662018Revenue 2019: $596,391Expenses 2019: $583,090Net Income 2019: $13,3012019Revenue 2020: $477,792Expenses 2020: $465,697Net Income 2020: $12,0952020Revenue 2021: $370,511Expenses 2021: $216,140Net Income 2021: $154,3712021Revenue 2022: $988,753Expenses 2022: $502,261Net Income 2022: $486,4922022Revenue 2025: $869,754Expenses 2025: $917,844Net Income 2025: -$48,0902025

Highlighted filing

2016

Revenue$496,068
Expenses$452,032
Net Income$44,036
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 10, 2017
Return Version
2015v3.0
Gross Receipts
$496,068
Mission and Program Overview

Mission

To promote and implement first robotics competition (frc)programs for the benefit of all frc teams

To promote and implement first robotics competition (frc) programs for the benefit of all frc teams in our region, which spans all of delaware and new jersey and counties in pennsylvania from harrisburg eastward.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable-$265,832-
Cash and Non-Interest-Bearing Accounts$204,423$83,959▼ $120,464
Land, Buildings, and Equipment, Net$42,942$31,686▼ $11,256
Prepaid Expenses and Deferred Charges$400$400→ $0
Total Assets$247,765$381,877▲ $134,112
Liabilities
Accounts Payable and Accrued Expenses$13,627$103,703▲ $90,076
Total Liabilities$13,627$103,703▲ $90,076
Net Assets / Fund Balance
Unrestricted Net Assets$234,138$278,174▲ $44,036
Total Net Assets Fund Balance$234,138$278,174▲ $44,036
Total Liabilities and Net Assets / Fund Balance$247,765$381,877▲ $134,112

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,686$37,261$68,947
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$493,949
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$2,119
All Other Contributions
$493,949
Change in Net Assets
$44,036

Audited Revenue Reconciliation

Revenue per Audited Statements
$496,068
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$496,068
Total Revenue per Form 990
$496,068
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$452,032
Total Fundraising Expense$39,500
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$39,500-$39,500$79,000
Other Expenses$46,518$13,000-$13,000
Office Expenses-$12,822-$12,822
Depreciation Depletion-$11,256-$11,256
Fees for Services Accounting-$5,458-$5,458
Insurance-$5,086-$5,086
Advertising$49--$49
Total Functional Expenses$364,910$47,622$39,500$452,032

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$452,032
Total Expenses per Audited Statements$452,032
Total Expenses per Form 990$452,032
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Two board members, john and joe giardina are brothers.

Form 990, Part VI, Section A, Line 6

The organization is comprised of members.

Form 990, Part VI, Section A, Line 7A

Directors to be seated for upcoming years are elected by the membership in conjuction with the annual meeting. In the event of a vacancy between those elections, the incumbent directors may appoint replacements.

Form 990, Part VI, Section B, Line 11

Organization provides copies of the 990 at annual meeting, in the event that a member cannot be there, copies are provided electronically.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy and disclosure statement are given to officers, directors or trustees, and key employees annually to read, disclose the conflict of interest, if there is any, sign and return to the entity.

Form 990, Part VI, Section C, Line 19

Financial statements are made available to the public upon request. Information is also available on their website at www.midatlanticrobotics.com.

Filing and Contact Details

Filer

Filer Name
Mid-atlantic Robotics a Nj Non-profit
EIN
27-3634098
Phone
7325631144
Address
PO BOX 412, WEST WINDSOR, NJ 08550

Signing Officer

Name
Joe Giardina
Title
Treasurer
Phone
7325631144
Signed
2017-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Giardina
Formed
2010
Legal Domicile
Nj
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
471

Preparer

Firm
BEDARD KUROWICKI & CO CPA'S PC
Address
114 BROAD STREET, FLEMINGTON, NJ 08822
Preparer
Joseph M Carducci
Phone
9087827900
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Program director fees: program service expenses 39,500. Management and general expenses 0. Fundraising expenses 39,500. Total expenses 79,000.

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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt038
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0143
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0181
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt054566
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02119
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02478
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt012
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt042747
IRS990ScheduleA/OtherIncome170Grp/TotalAmt047356
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97990
IRS990ScheduleA/PublicSupportPY170Pct00.97560
IRS990ScheduleA/PublicSupportTotal170Amt02311795
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0493949
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0479937
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0459086
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0448113
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0430710
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02311795
IRS990ScheduleA/TotalSupportAmt02359332
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt031686
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037261
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt068947
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0452032
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0496068
IRS990ScheduleD/TotalBookValueLandBuildingsAmt031686
IRS990ScheduleD/TotalExpensesPerForm990Amt0452032
IRS990ScheduleD/TotalRevenuePerForm990Amt0496068
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0496068
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0452032
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TWO BOARD MEMBERS, JOHN AND JOE GIARDINA ARE BROTHERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS COMPRISED OF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECTORS TO BE SEATED FOR UPCOMING YEARS ARE ELECTED BY THE MEMBERSHIP IN CONJUCTION WITH THE ANNUAL MEETING. IN THE EVENT OF A VACANCY BETWEEN THOSE ELECTIONS, THE INCUMBENT DIRECTORS MAY APPOINT REPLACEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION PROVIDES COPIES OF THE 990 AT ANNUAL MEETING, IN THE EVENT THAT A MEMBER CANNOT BE THERE, COPIES ARE PROVIDED ELECTRONICALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONFLICT OF INTEREST POLICY AND DISCLOSURE STATEMENT ARE GIVEN TO OFFICERS, DIRECTORS OR TRUSTEES, AND KEY EMPLOYEES ANNUALLY TO READ, DISCLOSE THE CONFLICT OF INTEREST, IF THERE IS ANY, SIGN AND RETURN TO THE ENTITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. INFORMATION IS ALSO AVAILABLE ON THEIR WEBSITE AT WWW.MIDATLANTICROBOTICS.COM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROGRAM DIRECTOR FEES: PROGRAM SERVICE EXPENSES 39,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 39,500. TOTAL EXPENSES 79,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt0381877
IRS990/TotalAssetsGrp/BOYAmt0247765
IRS990/TotalAssetsGrp/EOYAmt0381877
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0493949
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt039500
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt047622
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0364910
IRS990/TotalFunctionalExpensesGrp/TotalAmt0452032
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt0103703
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IRS990/TotalLiabilitiesGrp/EOYAmt0103703
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0234138
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0278174
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0364910
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02119
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0496068
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0471
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0247765
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0381877
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0234138
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0278174
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0ONE ILENE COURT
IRS990/USAddress/CityNm0HILLSBOROUGH
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd008844
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.MIDATLANTICROBOTICS.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOE GIARDINA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07325631144
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MID-ATLANTIC ROBOTICS A NJ NON-PROFIT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORP
ReturnHeader/Filer/BusinessNameControlTxt0MID-
ReturnHeader/Filer/EIN0273634098
ReturnHeader/Filer/PhoneNum07325631144
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 412
ReturnHeader/Filer/USAddress/CityNm0WEST WINDSOR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008550
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223299874
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BEDARD KUROWICKI & CO CPA'S PC

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