Civic Intelligence

Research & Robotics Inc.

990 • Fiscal year 2023 • EIN 87-3768241

Jul 01, 2022 to Jun 30, 2023 • Filed on Jan 22, 2024

Organization ProfileWWW.RESEARCHANDROBOTICS.ORG
42 Grove StreetNew Bedford, MA 02740

(917) 617-4552

Siviq Scores

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

Liabilities / Assets

90th percentile

0.77x

Higher debt load relative to assets than 90% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

92nd percentile

1.79x

Higher debt load relative to revenue than 92% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

91st percentile

53%

Higher net margin than 91% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

42nd percentile

$19,231

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

100th percentile

14015%

Faster asset growth than 100% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

100th percentile

4239%

Faster revenue growth than 100% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$1,907,317

Up $1,893,804 (+14015%) from 2022

Net Assets

Up

$444,632

Up $431,435 (+3269%) from 2022

Liabilities

Up

$1,462,685

Up $1,462,369 (+462775%) from 2022

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin91st percentile

Revenue

Up

$816,994

Up $798,167 (+4239%) from 2022

Expenses

Up

$385,560

Up $379,930 (+6748%) from 2022

Net Income

Up

$431,434

Up $418,237 (+3169%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$3.0M$2.0M$1.0M$0Assets 2022: $13,513Liabilities 2022: $316Net Assets 2022: $13,1972022Assets 2023: $1,907,317Liabilities 2023: $1,462,685Net Assets 2023: $444,6322023Assets 2024: $2,455,180Liabilities 2024: $2,180,295Net Assets 2024: $274,8852024

Highlighted filing

2023

Assets$1,907,317
Liabilities$1,462,685
Net Assets$444,632
Open 2023 Filing

Operations Trend

Revenue Growth100th percentile

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

$1.0M$500K$0-$500KRevenue 2022: $18,827Expenses 2022: $5,630Net Income 2022: $13,1972022Revenue 2023: $816,994Expenses 2023: $385,560Net Income 2023: $431,4342023Revenue 2024: $566,983Expenses 2024: $736,730Net Income 2024: -$169,7472024

Highlighted filing

2023

Revenue$816,994
Expenses$385,560
Net Income$431,434
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 22, 2024
Return Version
2022v5.0
Gross Receipts
$816,994
Mission and Program Overview

Mission

technology innovation & education

Research & robotics provides access to frontier technologies for supporting entrepreneurial and social impact, through education, economic empowerment, and corporate engagement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$13,514$276,931▲ $263,417
Pledges and Grants Receivable-$150,000-
Land, Buildings, and Equipment, Net$0$51,786▲ $51,786
Prepaid Expenses and Deferred Charges-$43,500-
Total Assets$13,514$1,907,317▲ $1,893,803
Other Assets Total$0$1,385,100▲ $1,385,100
Liabilities
Other Liabilities$0$1,431,050▲ $1,431,050
Accounts Payable and Accrued Expenses$316$31,635▲ $31,319
Total Liabilities$316$1,462,685▲ $1,462,369
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$13,198$294,632▲ $281,434
Net Assets With Donor Restrictions-$150,000-
Total Net Assets Fund Balance$13,198$444,632▲ $431,434
Total Liabilities and Net Assets / Fund Balance$13,514$1,907,317▲ $1,893,803

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$50,868$10,174$61,042
Other Land Buildings$918$102$1,020
Other Assets Org$1,385,100--
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Mark ParsonsExecutive DirectorFT$19,231$19,231

Board Members and Trustees

NameTitle
Ben AndersonChairperson
Celeste EvansSecretary
Stephanie MooreTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$500,100
Program Service Revenue
$316,802
Investment Income
$92
Other Revenue
$0
All Other Contributions
$500,100
Change in Net Assets
$431,434

Audited Revenue Reconciliation

Revenue per Audited Statements
$816,994
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$816,994
Total Revenue per Form 990
$816,994
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$241,377
Salaries, Compensation, and Employee Benefits$144,183
Total Fundraising Expense$36,846
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$89,512$17,902$11,935$119,349
Current Officers, Directors, Trustees, and Key Employees$57,692$11,538$7,692$76,922
Other Salaries and Wages$44,394$8,879$5,920$59,193
Fees for Services Other$23,731$1,394$3,567$28,692
Travel$19,382-$1,583$20,965
Other Expenses$11,710$2,342$1,561$15,613
Insurance$10,538$2,107$1,405$14,050
Office Expenses$8,897$1,779$1,187$11,863
Fees for Services Accounting-$11,602-$11,602
Depreciation Depletion$7,707$1,541$1,028$10,276
Payroll Taxes$6,051$1,210$807$8,068
Fees for Services Legal-$6,550-$6,550
Information Technology$297$1,959$161$2,417
Total Functional Expenses$279,911$68,803$36,846$385,560

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$385,560
Total Expenses per Audited Statements$385,560
Total Expenses per Form 990$385,560
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Mark ParsonsExecutive DirectorTHE ORGANIZATION LEASES OFFICE SPACE FROM THE COMPANY OF THE EXECUTIVE DIRECTOR.PAYMENTS FOR THE YEAR INCLUDE $43,500 OF PREPAYMENTS FOR THE PERIOD JULY 1, 2023 - DECEMBER 31, 2023.No$87,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$1,431,050
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 B, Line 11B

“The form 990 is reviewed and distributed to the board of directors before it is filed.”

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

“Board members are required to disclose any conflicts of interest on an annual basis.”

Form 990, Part VI, Section B, Line 15

“The board reviews the executive director's compensation on an annual basis taking into account comparable salaries and performance.”

Form 990, Part VI, Section C, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Research & Robotics Inc
EIN
87-3768241
Phone
9176174552
Address
42 GROVE STREET, NEW BEDFORD, MA 02740

Signing Officer

Name
Mark Parsons
Title
Executive Director
Phone
9176174552
Signed
2024-01-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Parsons
Formed
2021
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
3
Employees
2
Volunteers
3

Preparer

Firm
Lutz and Carr Cpas Llp
Address
551 FIFTH AVENUE SUITE 400, NEW YORK, NY 10176
Preparer
Chris Bellando
Phone
2126972299
Raw XML Appendix373 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0316
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt031635
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0RESEARCH & ROBOTICS PROVIDES ACCESS TO FRONTIER TECHNOLOGIES FOR SUPPORTING ENTREPRENEURIAL AND SOCIAL IMPACT, THROUGH EDUCATION, ECONOMIC EMPOWERMENT, AND CORPORATE ENGAGEMENT.
IRS990/AllOtherContributionsAmt0500100
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum09176174552
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt042 GROVE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW BEDFORD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002740
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd01
IRS990/CashNonInterestBearingGrp/BOYAmt013514
IRS990/CashNonInterestBearingGrp/EOYAmt0276931
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt07692
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt011538
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt057692
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt076922
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0500100
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt092
IRS990/CYOtherExpensesAmt0241377
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0316802
IRS990/CYRevenuesLessExpensesAmt0431434
IRS990/CYSalariesCompEmpBnftPaidAmt0144183
IRS990/CYTotalExpensesAmt0385560
IRS990/CYTotalFundraisingExpenseAmt036846
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0816994
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt01028
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01541
IRS990/DepreciationDepletionGrp/ProgramServicesAmt07707
IRS990/DepreciationDepletionGrp/TotalAmt010276
IRS990/Desc0RESEARCH & ROBOTICS, INC. ENGAGES WITH COMPANIES AND SCHOOLS FOR EDUCATION AND TECHNOLOGY INNOVATION.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0150000
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0279911
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011602
IRS990/FeesForServicesAccountingGrp/TotalAmt011602
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt06550
IRS990/FeesForServicesLegalGrp/TotalAmt06550
IRS990/FeesForServicesOtherGrp/FundraisingAmt03567
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01394
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt023731
IRS990/FeesForServicesOtherGrp/TotalAmt028692
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0BEN ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm1CELESTE EVANS
IRS990/Form990PartVIISectionAGrp/PersonNm2STEPHANIE MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm3MARK PARSONS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt319231
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02021
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0816994
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0161
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01959
IRS990/InformationTechnologyGrp/ProgramServicesAmt0297
IRS990/InformationTechnologyGrp/TotalAmt02417
IRS990/InsuranceGrp/FundraisingAmt01405
IRS990/InsuranceGrp/ManagementAndGeneralAmt02107
IRS990/InsuranceGrp/ProgramServicesAmt010538
IRS990/InsuranceGrp/TotalAmt014050
IRS990/InvestmentIncomeGrp/ExclusionAmt092
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt092
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt010276
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt051786
IRS990/LandBldgEquipCostOrOtherBssAmt062062
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0RESEARCH & ROBOTICS PROVIDES ACCESS TO FRONTIER TECHNOLOGIES FOR SUPPORTING ENTREPRENEURIAL AND SOCIAL IMPACT, THROUGH EDUCATION, ECONOMIC EMPOWERMENT, AND CORPORATE ENGAGEMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt013198
IRS990/NetAssetsOrFundBalancesEOYAmt0444632
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt013198
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0294632
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt011935
IRS990/OccupancyGrp/ManagementAndGeneralAmt017902
IRS990/OccupancyGrp/ProgramServicesAmt089512
IRS990/OccupancyGrp/TotalAmt0119349
IRS990/OfficeExpensesGrp/FundraisingAmt01187
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01779
IRS990/OfficeExpensesGrp/ProgramServicesAmt08897
IRS990/OfficeExpensesGrp/TotalAmt011863
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt01385100
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt01561
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02342
IRS990/OtherExpensesGrp/ProgramServicesAmt011710
IRS990/OtherExpensesGrp/TotalAmt015613
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt01431050
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt05920
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08879
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt044394
IRS990/OtherSalariesAndWagesGrp/TotalAmt059193
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0807
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01210
IRS990/PayrollTaxesGrp/ProgramServicesAmt06051
IRS990/PayrollTaxesGrp/TotalAmt08068
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0150000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt043500
IRS990/PrincipalOfficerNm0MARK PARSONS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0CONSULTING FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0316802
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0316802
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03053
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt05630
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt015775
IRS990/PYRevenuesLessExpensesAmt013198
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt05630
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt018828
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0431434
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0316802
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0500100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt018828
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0518928
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0229307
IRS990ScheduleA/SubstantialContributorsTotAmt0289621
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0500100
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt018828
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0518928
IRS990ScheduleA/TotalSupportAmt0518928
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/BookValueAmt050868
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010174
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt061042
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0385560
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01385100
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPERATING LEASE RIGHT OF USE ASSET
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0918
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0102
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01020
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01431050
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0816994
IRS990ScheduleD/TotalBookValueLandBuildingsAmt051786
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01385100
IRS990ScheduleD/TotalExpensesPerForm990Amt0385560
IRS990ScheduleD/TotalLiabilityAmt01431050
IRS990ScheduleD/TotalRevenuePerForm990Amt0816994
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0816994
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0385560
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0MARK PARSONS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0EXECUTIVE DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt087000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0THE ORGANIZATION LEASES OFFICE SPACE FROM THE COMPANY OF THE EXECUTIVE DIRECTOR.PAYMENTS FOR THE YEAR INCLUDE $43,500 OF PREPAYMENTS FOR THE PERIOD JULY 1, 2023 - DECEMBER 31, 2023.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED AND DISTRIBUTED TO THE BOARD OF DIRECTORS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS THE EXECUTIVE DIRECTOR'S COMPENSATION ON AN ANNUAL BASIS TAKING INTO ACCOUNT COMPARABLE SALARIES AND PERFORMANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt013514
IRS990/TotalAssetsEOYAmt01907317
IRS990/TotalAssetsGrp/BOYAmt013514
IRS990/TotalAssetsGrp/EOYAmt01907317
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0500100
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt036846
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt068803
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0279911
IRS990/TotalFunctionalExpensesGrp/TotalAmt0385560
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0316
IRS990/TotalLiabilitiesEOYAmt01462685
IRS990/TotalLiabilitiesGrp/BOYAmt0316
IRS990/TotalLiabilitiesGrp/EOYAmt01462685
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt013198
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0444632
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0279911
IRS990/TotalProgramServiceRevenueAmt0316802
IRS990/TotalReportableCompFromOrgAmt019231
IRS990/TotalRevenueGrp/ExclusionAmt092
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0316802
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0816994
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt013514
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01907317
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt01583
IRS990/TravelGrp/ProgramServicesAmt019382
IRS990/TravelGrp/TotalAmt020965
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt042 GROVE STREET
IRS990/USAddress/CityNm0NEW BEDFORD
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002740
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.RESEARCHANDROBOTICS.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK PARSONS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09176174552
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-01-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RESEARCH & ROBOTICS INC
ReturnHeader/Filer/BusinessNameControlTxt0RESE
ReturnHeader/Filer/EIN0873768241
ReturnHeader/Filer/PhoneNum09176174552
ReturnHeader/Filer/USAddress/AddressLine1Txt042 GROVE STREET
ReturnHeader/Filer/USAddress/CityNm0NEW BEDFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002740
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0131655065
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LUTZ AND CARR CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0551 FIFTH AVENUE SUITE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010176
ReturnHeader/PreparerPersonGrp/PhoneNum02126972299
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRIS BELLANDO
ReturnHeader/ReturnTs02024-01-22T15:32:43-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PARSONS
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,907,317
Liabilities
$1,462,685
Net assets
$444,632
Revenue
$816,994
Expenses
$385,560
Net income
$431,434
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.46$2.18$0.27$0.57$0.74$0.17
2023Detailed filing. Detailed filing data is available for this year.$1.91$1.46$0.44$0.82$0.39$0.43
2022Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.02$0.01$0.01