Civic Intelligence

MID-Atlantic Robotics a Nj Non-Profit Corporation

990 • Fiscal year 2019 • EIN 27-3634098

Jul 01, 2018 to Jun 30, 2019 • Filed on May 05, 2020

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

71st percentile

0.12x

Higher debt load relative to assets than 71% of similar nonprofits.

2019 filings • NTEE B • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

50th percentile

0.02x

Higher debt load relative to revenue than 50% of similar nonprofits.

2019 filings • NTEE B • $500k-$1M nonprofits • Source year 2019

Net Margin

46th percentile

2.2%

Higher net margin than 46% of similar nonprofits.

2019 filings • NTEE B • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2019 filings • NTEE B • $500k-$1M nonprofits • Source year 2019

Asset Growth

96th percentile

181%

Faster asset growth than 96% of similar nonprofits.

2019 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

90th percentile

71%

Faster revenue growth than 90% of similar nonprofits.

2019 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$81,506

Up $52,452 (+181%) from 2018

Net Assets

Up

$71,838

Up $52,453 (+271%) from 2018

Liabilities

Down

$9,668

Down $1 (-0.0%) from 2018

Revenue

Up

$596,391

Up $247,795 (+71%) from 2018

Expenses

Up

$583,090

Up $68,328 (+13%) from 2018

Net Income

Up

$13,301

Up $179,467 (+108%) from 2018

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

2019

Assets$81,506
Liabilities$9,668
Net Assets$71,838

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

2019

Revenue$596,391
Expenses$583,090
Net Income$13,301
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 5, 2020
Return Version
2018v3.2
Gross Receipts
$596,391
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-$58,547-
Accounts Receivable$13,000$13,000→ $0
Land, Buildings, and Equipment, Net$11,572$5,477▼ $6,095
Prepaid Expenses and Deferred Charges$4,482$4,482→ $0
Total Assets$29,054$81,506▲ $52,452
Liabilities
Accounts Payable and Accrued Expenses$9,669$9,668▼ $1
Total Liabilities$9,669$9,668▼ $1
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$39,231-
Unrestricted Net Assets$19,385$32,607▲ $13,222
Total Net Assets Fund Balance$19,385$71,838▲ $52,453
Total Liabilities and Net Assets / Fund Balance$29,054$81,506▲ $52,452

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,477$63,470$68,947
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$591,656
Program Service Revenue
$0
Investment Income
$4,735
Other Revenue
$0
All Other Contributions
$591,656
Change in Net Assets
$13,301

Audited Revenue Reconciliation

Revenue per Audited Statements
$596,391
Total Revenue per Audited Statements
$596,391
Total Revenue per Form 990
$596,391
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$492,799
Salaries, Compensation, and Employee Benefits$90,291
Total Fundraising Expense$75,125
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$39,535-$39,535$79,070
Fees for Services Other$29,978-$29,979$59,957
All Other Expenses$11,718$11,502-$23,220
Other Expenses$17,680--$17,680
Insurance-$15,209-$15,209
Payroll Taxes$5,610-$5,611$11,221
Fees for Services Accounting-$11,102-$11,102
Depreciation Depletion-$6,095-$6,095
Travel$5,579--$5,579
Office Expenses-$4,090-$4,090
Advertising-$1,839-$1,839
Total Functional Expenses$458,128$49,837$75,125$583,090

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$583,090
Total Expenses per Audited Statements$583,090
Total Expenses per Form 990$583,090
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
2020-05-05
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
1
Volunteers
470

Preparer

Firm
Bkc Cpas Pc
Address
39 STATE ROUTE 12 STE 2, FLEMINGTON, NJ 08822
Preparer
Michael a Holk CPA
Phone
9087827900
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Program director expenses 29,978 0 29,979

Form 990, Part XI, Line 9

Prior period audit changes 39,152

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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt010,172
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0186231
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0343161
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0493949
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0479937
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02094934
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04735
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04735
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0840
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02119
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02478
IRS990ScheduleA/OtherIncome170Grp/TotalAmt010172
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportPY170Pct00.99720
IRS990ScheduleA/PublicSupportTotal170Amt02094934
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0186231
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0343161
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0493949
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0479937
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02094934
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt063470
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS COMPRISED OF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DIRECTORS 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/ExplanationTxt2FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 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/ExplanationTxt4FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. INFORMATION IS ALSO AVAILABLE ON THEIR WEBSITE AT WWW.MIDATLANTICROBOTICS.COM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROGRAM DIRECTOR EXPENSES 29,978 0 29,979
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PRIOR PERIOD AUDIT CHANGES 39,152
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0583090
IRS990/TotalGrossUBIAmt00
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0596391
IRS990/TotalVolunteersCnt0470
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IRS990/TravelGrp/TotalAmt05579
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IRS990/UnrestrictedNetAssetsGrp/BOYAmt019385
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02772 LOWER MACUNGIE RD
IRS990/USAddress/CityNm0EMMAUS
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd018049
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0WWW.MIDATLANTICROBOTICS.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM GARFIELD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum07325631144
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MID-ATLANTIC ROBOTICS A NJ
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0NON-PROFIT CORP
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

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