Civic Intelligence

MID-Atlantic Robotics a Nj Non-Profit Corporation

990 • Fiscal year 2017 • EIN 27-3634098

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 30, 2018

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

78th percentile

0.05x

Higher debt load relative to assets than 78% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Liabilities / Revenue

77th percentile

0.03x

Higher debt load relative to revenue than 77% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Net Margin

14th percentile

-27%

Higher net margin than 14% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Asset Growth

6th percentile

-49%

Faster asset growth than 6% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

16th percentile

-31%

Faster revenue growth than 16% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$195,219

Down $186,658 (-49%) from 2016

Net Assets

Down

$185,551

Down $92,623 (-33%) from 2016

Liabilities

Down

$9,668

Down $94,035 (-91%) from 2016

Revenue

Down

$344,001

Down $152,067 (-31%) from 2016

Expenses

Down

$436,624

Down $15,408 (-3.4%) from 2016

Net Income

Down

-$92,623

Down $136,659 (-310%) from 2016

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

2017

Assets$195,219
Liabilities$9,668
Net Assets$185,551

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

2017

Revenue$344,001
Expenses$436,624
Net Income-$92,623
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 30, 2018
Return Version
2016v3.1
Gross Receipts
$344,001
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$83,959$164,742▲ $80,783
Land, Buildings, and Equipment, Net$31,686$20,995▼ $10,691
Accounts Receivable$265,832$5,000▼ $260,832
Prepaid Expenses and Deferred Charges$400$4,482▲ $4,082
Total Assets$381,877$195,219▼ $186,658
Liabilities
Accounts Payable and Accrued Expenses$103,703$9,668▼ $94,035
Total Liabilities$103,703$9,668▼ $94,035
Net Assets / Fund Balance
Unrestricted Net Assets$278,174$185,551▼ $92,623
Total Net Assets Fund Balance$278,174$185,551▼ $92,623
Total Liabilities and Net Assets / Fund Balance$381,877$195,219▼ $186,658

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$20,995$47,952$68,947
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$343,161
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$840
All Other Contributions
$343,161
Change in Net Assets
$-92,623

Audited Revenue Reconciliation

Revenue per Audited Statements
$344,001
Total Revenue per Audited Statements
$344,001
Total Revenue per Form 990
$344,001
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$436,624
Total Fundraising Expense$53,137
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$53,137-$53,137$106,274
Fees for Services Accounting-$23,486-$23,486
Depreciation Depletion-$10,691-$10,691
Office Expenses-$5,468-$5,468
Insurance-$5,201-$5,201
Advertising-$2,899-$2,899
Other Expenses$2,100$25,742-$2,100
Total Functional Expenses$310,000$73,487$53,137$436,624

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$436,624
Total Expenses per Audited Statements$436,624
Total Expenses per Form 990$436,624
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
No
Audit committee
No
Backup withholding compliance
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, Page 6, Part VI, Line 6

The organization is comprised of members.

Form 990, Page 6, Part VI, 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, Page 6, Part VI, Line 11B

Form 990 is provided to all board members prior to filing the 990.

Form 990, Page 6, Part VI, 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, Page 6, Part VI, 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
EIN
27-3634098
Phone
7325631144
Address
PO BOX 412, WEST WINDSOR, NJ 08550

Signing Officer

Name
William Garfield
Title
Chair
Phone
7325631144
Signed
2018-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Garfield
Formed
2010
Legal Domicile
Nj
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
470

Preparer

Firm
Bkc Cpas Pc
Address
114 BROAD ST, FLEMINGTON, NJ 08822
Preparer
Michael a Holk CPA
Phone
9087827900
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item B

Additional time was needed to complete the audited financial statements, the following changes were made to the 990 upon amendment: part i - line 8 changed from 346,161 to 343,161 line 17 & 18 changed from 454,056 to 436,624 line 19 changed from -107,055 to -92,623 line 20 changed from 194,780 to 195,219 line 21 changed from 23,661 to 9,667 line 22 changed from 171,119 to 185,552 part iii - line 4a expenses changed from 405,188 to 310,000 and revenue was removed part viii- line 1 f original 346,161 amended 343,161 part ix - line 11g - changed from 102,107 to 106,273 line 13 - changed from 5,408 to 5,468 line 23 - changed from 9,283 to 5,201 line 24a - changed from 208,429 to 214,763 line 24c - changed from 32,942 to 25,742 line 24d - changed from 10,237 to 2,100 part x - end of year line 1 - changed from 165,385 to 164,742 line 4 - changed from 8,000 to 5,000 line 9 - changed from 400 to 4,482 line 16 - changed from 194,780 to 195,219 line 17 - changed from 23,661 to 9,667 line 26 - changed from 23,661 to 9,667 line 27 - changed from 171,119 to 185,552 line 33 - changed from 171,119 to 185,552 line 34 - changed from 194,780 to 195,219 part xi - line 1 - changed from 347,001 to 344,001 line 2 - changed from 454,056 to 436,623 line 3 - changed from -107,055 to -92,623 line 10 - changed from 171,119 to 185,552 schedule a part ii - line 1 e , 4 e, 7 changed from 346,161 to 343,161 line 11 changed from 2,275,480 to 2,272,480

Form 990, Part IX, Line 11G

Program director fees 53,137 0 53,137

Raw XML AppendixShowing 400 of 406 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADDITIONAL TIME WAS NEEDED TO COMPLETE THE AUDITED FINANCIAL STATEMENTS, THE FOLLOWING CHANGES WERE MADE TO THE 990 UPON AMENDMENT: PART I - LINE 8 CHANGED FROM 346,161 TO 343,161 LINE 17 & 18 CHANGED FROM 454,056 TO 436,624 LINE 19 CHANGED FROM -107,055 TO -92,623 LINE 20 CHANGED FROM 194,780 TO 195,219 LINE 21 CHANGED FROM 23,661 TO 9,667 LINE 22 CHANGED FROM 171,119 TO 185,552 PART III - LINE 4A EXPENSES CHANGED FROM 405,188 TO 310,000 AND REVENUE WAS REMOVED PART VIII- LINE 1 F ORIGINAL 346,161 AMENDED 343,161 PART IX - LINE 11G - CHANGED FROM 102,107 TO 106,273 LINE 13 - CHANGED FROM 5,408 TO 5,468 LINE 23 - CHANGED FROM 9,283 TO 5,201 LINE 24A - CHANGED FROM 208,429 TO 214,763 LINE 24C - CHANGED FROM 32,942 TO 25,742 LINE 24D - CHANGED FROM 10,237 TO 2,100 PART X - END OF YEAR LINE 1 - CHANGED FROM 165,385 TO 164,742 LINE 4 - CHANGED FROM 8,000 TO 5,000 LINE 9 - CHANGED FROM 400 TO 4,482 LINE 16 - CHANGED FROM 194,780 TO 195,219 LINE 17 - CHANGED FROM 23,661 TO 9,667 LINE 26 - CHANGED FROM 23,661 TO 9,667 LINE 27 - CHANGED FROM 171,119 TO 185,552 LINE 33 - CHANGED FROM 171,119 TO 185,552 LINE 34 - CHANGED FROM 194,780 TO 195,219 PART XI - LINE 1 - CHANGED FROM 347,001 TO 344,001 LINE 2 - CHANGED FROM 454,056 TO 436,623 LINE 3 - CHANGED FROM -107,055 TO -92,623 LINE 10 - CHANGED FROM 171,119 TO 185,552 SCHEDULE A PART II - LINE 1 E , 4 E, 7 CHANGED FROM 346,161 TO 343,161 LINE 11 CHANGED FROM 2,275,480 TO 2,272,480
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/ExplanationTxt3FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING THE 990.
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 53,137 0 53,137
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM GARFIELD
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MID-ATLANTIC ROBOTICS A NJ
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