Overview
What is Robonation Inc?
Robonation Inc is a nonprofit organization based in Arlington, Virginia, specifically at 3100 Clarendon Boulevard 1200. Their primary mission is to sponsor, promote, and conduct charitable, educational, and scientific activities aimed at increasing public awareness and acceptance of robotics technology. They achieve this by organizing competitions where teams of students from various countries design, build, and operate unmanned and remotely operated vehicles to achieve specific performance and mission goals. These competitions foster technical innovation in the field of unmanned systems and contribute to the development of the future workforce for the robotics industry. Additionally, Robonation Inc supports public education in the field of robotics technology through discussions, forums, panels, and other programs. With a team of 15 dedicated individuals, they aim to promote the advancement of training and education in robotics technology.
Official website here: www.robonation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Robonation Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity achieved a perfect score in several key areas, including having a fully independent board and no material diversion of assets, which underscores its commitment to transparency and ethical governance.
The organization allocates a significant portion of its budget to program expenses, with 76.29% of its expenses directed towards its mission. This high program expense ratio indicates that Robonation is effectively utilizing its resources to benefit its programs and services rather than for administrative costs. The presence of comprehensive policies such as conflict of interest and whistleblower protections further enhances its operational integrity.
However, while Robonation Inc has demonstrated financial responsibility and strong governance, the focus on accountability and finance alone does not provide a complete picture. Potential donors may want to consider evaluating the impact of its programs and the effectiveness of its initiatives in achieving its mission for a well-rounded understanding of the charity's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Robonation Inc legitimate?
Robonation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Robonation Inc 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: $213,008
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,155,028
For more financial information, click here
Official website here: www.robonation.org
What is the mission statement of Robonation Inc?
Robonation Inc's mission is centered around sponsoring, promoting, and organizing charitable, educational, and scientific activities. The primary goal is to increase public awareness and acceptance of robotics technology. Additionally, the organization focuses on promoting public education in the field of robotics technology through various platforms such as discussion groups, forums, and panels. Robonation Inc also supports initiatives to advance the training and education of individuals in robotics technology.
Official website here: www.robonation.org
Who is the CEO of Robonation Inc?
Daryl Davidson is the CEO of Robonation Inc The CEO's salary of Robonation Inc is $176,260 and their total compensation is $213,008.
Official website here: www.robonation.org
What is the revenue of Robonation Inc?
Robonation Inc's revenue in 2023 was $4,960,760.
Official website here: www.robonation.org
Who are the executives of Robonation Inc and what are their salaries?
The average compensation at Robonation Inc during 2023 was $72,002. There are 19 employees and 9 volunteers at Robonation Inc.
Here are 12 key members and their salaries (Robonation Inc's CEO's salary is $176,260 and their total compensation is $213,008):
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- Compensation: $176,260
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- Other: $36,748
- Compensation: $130,853
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- Other: $15,262
- Compensation: $130,519
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- Other: $23,179
Official website here: www.robonation.org
Where can I find the form 990 for Robonation Inc?
Robonation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.robonation.org
Learn more at the official website: www.robonation.org
Mission Statement of Robonation Inc
Robonation Inc, a nonprofit organization, is dedicated to sponsoring, promoting, and conducting charitable, educational, and scientific activities. The primary goal of this organization is to increase public awareness and acceptance of robotics technology. To achieve this, Robonation Inc employs various strategies such as discussion groups, forums, panels, and other programs.
Beyond promoting public education in robotics technology, Robonation Inc also seeks to advance the training and education of individuals in this field. They accomplish this by providing necessary support to those pursuing knowledge in robotics technology. This nonprofit organization operates with the vision of fostering a deeper understanding and appreciation of the potential of robotics technology in various sectors of society.
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Impact
July, 2024
Robonation Inc sponsors and supports student competitions where teams of college, high school, and middle school students from various countries design, build, and operate unmanned and remotely operated vehicles to achieve specified performance and mission goals. These competitions foster technical innovation in unmanned systems and help develop the future workforce for the robotics industry. Through these activities, Robonation Inc is making a significant impact by increasing public awareness and acceptance of robotics technology, promoting education in the field of robotics technology, and advancing the training and education of individuals in robotics technology.
This information is meant to be a general summary of Robonation Inc. 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 2023.
- Investment Income: $44,742
- Program Service Revenue: $1,764,277
- Gross Receipts: $4,960,760
Assets and Liabilities:
- Total Assets: $3,269,968
- Total Liabilities: $858,645
- Net Assets: $2,411,323
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL KIT SALES
Revenue
$1,603,918
ENTRY FEES
Revenue
$150,190
OTHER SALES
Revenue
$10,169
Organization Details
Founding Year
1992
Principal Officer
Daryl Davidson
Website
www.robonation.orgNTEE Category
Code: B90 - Education
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