Reading Engineering Teams Inc.

990EZ • Fiscal year 2016 • EIN 46-5231808

Sep 01, 2015 to Aug 31, 2016

Organization Profile Robockets.org

Reading, MA

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

-16%

Higher net margin than 18% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

No value available

This filing does not contain officer compensation rows.

Source year 2016

-58%

Faster asset growth than 7% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

47%

Faster revenue growth than 85% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / Assets56th percentile

Assets

Down

$6,819

Down $9,274 (-58%) from 2015

Net Assets

No earlier filing loaded for comparison.

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / Revenue55th percentile Net Margin18th percentile

Revenue

$59,923

Up $19,058 (+47%) from 2015

Expenses

$69,557

Up $44,785 (+181%) from 2015

Net Income

Down

-$9,634

Down $25,727 (-160%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

Highlighted filing

2016

Assets$6,819

Liabilities$0

Net Assets-

Open 2016 Filing

Operations Trend

Revenue Growth85th percentile

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

Highlighted filing

2016

Revenue$59,923

Expenses$69,557

Net Income-$9,634

Open 2016 Filing

Filing Detail Status

This 2016 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2025)

Jump To

Filing Snapshot

Filing Period: Sep 1, 2015 to Aug 31, 2016

Mission and Program Overview

Mission

To provide a means of funding and financial support to the Reading Robockets (Team 4761), a FIRST Robotics Competition Team at Reading Memorial High School.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing

Assets: $6,819
Liabilities: $0
Net assets: -
Revenue: $59,923
Expenses: $69,557
Net income: -$9,634

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$63.8	$0.00	$63.8	$20.2	$13.4	$6.76
2024Detailed filing. Detailed filing data is available for this year.	$57.1	$0.00	$57.1	$23.1	$22.2	$0.83
2023Detailed filing. Detailed filing data is available for this year.	$56.2	$0.00	$56.2	$24.0	$12.7	$11.3
2022Detailed filing. Detailed filing data is available for this year.	$44.9	$0.00	$44.9	$7.10	$12.4	$5.26
2021Detailed filing. Detailed filing data is available for this year.	$50.1	$0.00	$50.1	$9.95	$5.76	$4.19
2020Detailed filing. Detailed filing data is available for this year.	$46.1	$0.10	$46.0	$15.8	$14.7	$1.07
2019Detailed filing. Detailed filing data is available for this year.	$44.9	$0.00	$44.9	$28.5	$22.8	$5.74
2018Detailed filing. Detailed filing data is available for this year.	$39.2	$0.25	$38.9	$28.5	$17.1	$11.4
2017Summary only. Only limited summary data is available for this year.	$27.5	$0.00		$40.8	$20.1	$20.7
2016Summary only. Only limited summary data is available for this year.	$6.82	$0.00		$59.9	$69.6	$9.63
2015Detailed filing. Detailed filing data is available for this year.	$16.1		$16.1	$40.9	$24.8	$16.1