Overview
What is Robotics Education & Competition Foundationinc?
The Robotics Education & Competition Foundationinc, headquartered at 1519 I-30 W, Greenville, Texas 75402, is a dedicated nonprofit organization. Their primary mission is to ignite students' enthusiasm for science, technology, engineering, and mathematics (STEM) through affordable and sustainable robotics engineering programs. By implementing hands-on robotics initiatives across the US and internationally, the REC Foundation has successfully increased student engagement and involvement in STEM fields. With a team of 40 employees, they continue to make a significant impact on the future workforce by fostering innovation and problem-solving skills among the younger generation.
Official website here: www.roboticseducation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% - Two-Star out of Four Stars
The Robotics Education & Competition Foundation has received a Two-Star rating from Charity Navigator, primarily due to its score in the Accountability & Finance category. While the organization does show strengths in having an independent board and maintaining a solid program expense ratio, which indicates that a significant portion of funds is directed towards its mission, there are notable weaknesses as well. The absence of financial statements and other critical governance policies raises concerns regarding transparency and accountability.
Strengths of the organization include a high program expense ratio of 88.34% and excellent fundraising efficiency, which suggests that they are effective in managing their resources and raising funds with minimal expenses. Additionally, there is no evidence of material diversion of assets, which indicates proper stewardship of the organization’s resources. However, the lack of essential governance documents, such as a conflict of interest policy and meeting minutes, detracts from its overall evaluation.
In conclusion, while the Robotics Education & Competition Foundation demonstrates positive financial management and commitment to its educational mission, the significant gaps in transparency and governance practices are limitations that potential donors and supporters should consider. Improvements in these areas could enhance trust and possibly lead to a better rating in the future.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Robotics Education & Competition Foundationinc?
98% of 30 reviewers on Facebook recommend Robotics Education & Competition Foundation. Here is a summary of their reviews:
Many users express enthusiasm for the mission of promoting robotics education, highlighting its importance in modern learning environments. The feedback underscores a belief that robotics can empower students to develop crucial skills and engage with technology innovatively. Overall, there is a strong appreciation for the foundation’s efforts to enhance educational opportunities through robotics.
Reviewers are clearly supportive of the foundation's impact on education, suggesting that it effectively fosters interest and knowledge in robotics among participants. The positive sentiment indicates that the organization is valued for its contributions to STEM education and creating an engaging platform for learning.
This AI summary has been generated from reviews found on Facebook.
Is Robotics Education & Competition Foundationinc legitimate?
Robotics Education & Competition Foundationinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Robotics Education & Competition Foundationinc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $462,346
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,345,536
For more financial information, click here
Official website here: www.roboticseducation.org
What is the mission statement of Robotics Education & Competition Foundationinc?
The Robotics Education & Competition Foundation, a non-profit organization, is dedicated to fostering students' interest and engagement in science, technology, engineering, and mathematics (STEM) fields. They accomplish this by providing accessible and sustainable robotics engineering programs that offer hands-on experiences. Through these initiatives, the organization has seen significant success in the US and internationally, inspiring the next generation to explore STEM disciplines. The Foundation's mission is to make a difference in students' lives by igniting their passion for STEM through robotics engineering programs.
Official website here: www.roboticseducation.org
Who is the CEO of Robotics Education & Competition Foundationinc?
Unavailable The CEO's salary of Robotics Education & Competition Foundationinc is $350,000 and their total compensation is $350,000.
Official website here: www.roboticseducation.org
What is the revenue of Robotics Education & Competition Foundationinc?
Robotics Education & Competition Foundationinc's revenue in 2022 was $17,811,729.
Official website here: www.roboticseducation.org
Who are the executives of Robotics Education & Competition Foundationinc and what are their salaries?
The average compensation at Robotics Education & Competition Foundationinc during 2022 was $95,197. There are 40 employees and 50 volunteers at Robotics Education & Competition Foundationinc.
Here are 5 key members and their salaries (Robotics Education & Competition Foundationinc's CEO's salary is $350,000 and their total compensation is $350,000):
- Compensation: $350,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.roboticseducation.org
Where can I find the form 990 for Robotics Education & Competition Foundationinc?
Robotics Education & Competition Foundationinc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.roboticseducation.org
Learn more at the official website: www.roboticseducation.org
Mission Statement of Robotics Education & Competition Foundationinc
The Robotics Education & Competition Foundation, Inc. (REC Foundation) is a dynamic organization with a mission to inspire and captivate students' interest in science, technology, engineering, and mathematics (STEM) by immersing them in hands-on, affordable, and sustainable robotics engineering programs. By providing accessible and curriculum-based robotics engineering experiences, REC Foundation is successfully fostering a new generation of innovators and problem-solvers.
In their pursuit of igniting students' passion for STEM, REC Foundation offers a diverse range of robotics engineering programs that span across the United States and internationally. Their innovative approach to education centers around the idea that students learn best through hands-on experiences, allowing them to apply theoretical concepts to real-world challenges. This unique and engaging educational model has proven successful in attracting students to STEM fields and fueling their curiosity and creativity.
Through their commitment to accessibility and affordability, the Robotics Education & Competition Foundation, Inc. is democratizing STEM education by making it available to students from all backgrounds. By offering sustainable and cost-effective robotics engineering programs, they are breaking down barriers to entry and ensuring that every student has the opportunity to explore their potential in STEM. This inclusive approach to education not only benefits individual students but also contributes to the overall growth and development of the STEM workforce.
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Impact
October, 2024
The Robotics Education & Competition Foundation, Inc. significantly impacts student engagement and interest in science, technology, engineering, and mathematics (STEM) through its hands-on, affordable, and sustainable robotics engineering programs. By providing curriculum-based experiences, the foundation enhances students' learning opportunities in these critical fields across the United States and internationally. This approach not only fosters practical skills but also inspires a new generation of innovators and problem solvers. The foundation's initiatives help build a strong foundation in STEM education, motivating students to pursue careers in these vital areas and contributing to the overall advancement of technology and engineering disciplines.
This information is meant to be a general summary of Robotics Education & Competition Foundationinc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $9,336,257
- Gross Receipts: $17,811,729
Assets and Liabilities:
- Total Assets: $8,149,445
- Total Liabilities: $2,048,851
- Net Assets: $6,100,594
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Event Income
Revenue
$9,204,104
Other Income
Revenue
$132,153
Organization Details
Founding Year
2006
Phone
(903) 457-0431Main Address
1519 I-30 W, Greenville, TX, 75402
Website
www.roboticseducation.orgNTEE Category
Code: B99 - Education
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