Aquapack Robotics

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 465609898 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is Aquapack Robotics?

Aquapack Robotics is a nonprofit organization situated in Raleigh, North Carolina. Their primary focus is on fostering a professional engineering environment by designing and constructing an underwater autonomous robot. This robot competes annually in the international RoboSub competition, a platform that brings together teams from around the world. Beyond this competition, Aquapack Robotics also promotes robotics education through local outreach events, contributing to the broader field of engineering and technology.


Official website here: www.aquapackrobotics.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56% (One-Star out of Four Star rating)

Aquapack Robotics received a score of 56%, indicating concerns regarding its accountability and financial practices. The organization has not established a majority of independent board members, which is crucial for governance and oversight. While it has demonstrated good practices in material asset management and financial ratios, it lacks essential policies, including a conflict of interest policy and whistleblower protections, which are vital for transparency and ethical operations.

The program expense ratio is commendable at 88.04%, showing that a significant portion of its budget is directed toward programmatic activities. This suggests a focus on fulfilling its mission rather than administrative costs. However, the absence of independent board members raises questions about the organization's governance structure and its ability to effectively oversee its operations.

Overall, while Aquapack Robotics showcases strengths in program spending and asset management, the lack of fundamental governance policies and independent oversight could hinder its credibility and effectiveness in the nonprofit sector. Stakeholders and potential donors may want to consider these factors carefully before engaging with the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Aquapack Robotics legitimate?

Aquapack Robotics is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aquapack Robotics 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.aquapackrobotics.org

What is the mission statement of Aquapack Robotics?

Aquapack Robotics, as an organization, cultivates a professional engineering environment by engaging in the design and construction of an autonomous underwater vehicle. This vehicle is showcased annually in the international RoboSub competition, serving as a platform for fostering engineering prowess. In addition to its competitive pursuits, Aquapack Robotics is committed to promoting robotics education within local communities. They achieve this through participating in outreach events, spreading the knowledge and enthusiasm for robotics among the next generation.


Official website here: www.aquapackrobotics.org

Who is the CEO of Aquapack Robotics?

Dr John Muth is the Principal Officer of Aquapack Robotics.


Official website here: www.aquapackrobotics.org

What is the revenue of Aquapack Robotics?

Aquapack Robotics's revenue in 2022 was $6,125.


Official website here: www.aquapackrobotics.org

Who are the executives of Aquapack Robotics and what are their salaries?

There 40 volunteers at Aquapack Robotics.


Here are 3 key members and their salaries:


Tajah Trapier (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Byron Qi (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Mori (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.aquapackrobotics.org

Where can I find the form 990 for Aquapack Robotics?

Aquapack Robotics's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.aquapackrobotics.org

Learn more at the official website: www.aquapackrobotics.org

Mission Statement of Aquapack Robotics

Aquapack Robotics, an organization dedicated to fostering a professional engineering environment, accomplishes this through the design and construction of an underwater autonomous vehicle. This vehicle is put to the test in the annual, international RoboSub competition. Beyond competing, Aquapack Robotics is committed to promoting robotics education within local communities by participating in various outreach events. By engaging in these activities, Aquapack Robotics contributes to nurturing a passion for engineering and robotics among younger generations.

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Impact




August, 2024

Aquapack Robotics is making a significant impact by fostering a professional engineering atmosphere through the design and creation of an underwater autonomous vehicle. By competing in the prestigious RoboSub competition, Aquapack Robotics is not only showcasing their innovative technology but also promoting robotics education through local outreach events. Their participation in RoboSub demonstrates their commitment to excellence in engineering and their dedication to pushing the boundaries of autonomous robotics technology.




This information is meant to be a general summary of Aquapack Robotics. 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.

Revenue
$6,125 (2022)
Expenses
$7,518 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $6,125

Assets and Liabilities:

  • Total Assets: $1,442
  • Total Liabilities: $0
  • Net Assets: $1,442

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Organization Details

Founding Year

2014

Principal Officer

Dr John Muth

Main Address

890 Oval Dr, Raleigh, NC, 27606

NTEE Category

Code: U50 - Science research

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