Overview
What is Tennessee Valley Robotics?
Tennessee Valley Robotics is a nonprofit organization based in Signal Mountain, Tennessee. With a small team of just two individuals, their primary mission is to foster an interest in robotics among students and individuals in the Tennessee Valley region. By promoting robotics, they aim to enhance the understanding and proficiency of STEM (Science, Technology, Engineering, Math) subjects. This nonprofit organization plays a crucial role in preparing the next generation of innovators and problem solvers in the region.
Official website here: www.tnvrobotics.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating
Tennessee Valley Robotics has received an overall score of 84%, which reflects a strong performance primarily in the area of accountability and finance. This score is derived entirely from a single beacon score, indicating that the organization excels in maintaining transparency and responsible fiscal management. The high ratings in various categories, such as having an independent board and a low liabilities to assets ratio, suggest that the nonprofit is well-structured to support its mission effectively.
The organization boasts a fully independent board, with 100% of its members meeting this criterion, and it has implemented robust audit and oversight measures. The financial statements are well-managed, with no material diversion of assets reported, indicating a strong commitment to financial integrity. Additionally, a significant portion of its expenses—87.14%—is directed towards program services, showcasing the organization's focus on delivering its mission.
However, there are areas for improvement noted in the evaluation. Specifically, the absence of a conflict of interest policy and whistleblower policy has impacted the overall accountability score, suggesting that while the organization is financially sound, it may need to enhance its governance practices to ensure comprehensive stakeholder protection.
This AI summary has been generated from information found on Charity Navigator.
Is Tennessee Valley Robotics legitimate?
Tennessee Valley Robotics is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tennessee Valley 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: $198,990
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.tnvrobotics.org
What is the mission statement of Tennessee Valley Robotics?
Tennessee Valley Robotics aims to foster an interest in robotics amongst students and individuals, with the primary objective of enhancing their skills in STEM subjects. By promoting robotics, the organization seeks to prepare the next generation for careers in science, technology, engineering, and mathematics. Their mission is to make a significant impact in these areas, ultimately contributing to the development of a robust and innovative workforce. Tennessee Valley Robotics engages with schools and individuals, providing resources and opportunities to explore and understand the concepts of robotics, thereby encouraging a love for STEM education.
Official website here: www.tnvrobotics.org
Who is the CEO of Tennessee Valley Robotics?
Charles Spencer is the Treasurer of Tennessee Valley Robotics.
Official website here: www.tnvrobotics.org
What is the revenue of Tennessee Valley Robotics?
Tennessee Valley Robotics's revenue in 2022 was $1,136,737.
Official website here: www.tnvrobotics.org
Who are the executives of Tennessee Valley Robotics and what are their salaries?
The average compensation at Tennessee Valley Robotics during 2022 was $99,495. There are 2 employees and 25 volunteers at Tennessee Valley Robotics.
Here are 4 key members and their salaries:
- Compensation: $148,990
- Related: $0
- Other: $0
- Compensation: $50,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tnvrobotics.org
Where can I find the form 990 for Tennessee Valley Robotics?
Tennessee Valley Robotics's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tnvrobotics.org
Learn more at the official website: www.tnvrobotics.org
Mission Statement of Tennessee Valley Robotics
Tennessee Valley Robotics, a nonprofit organization, is dedicated to fostering an interest in robotics among students and individuals in the STEM (Science, Technology, Engineering, Math) fields. Their primary mission is to promote robotics within educational institutions and among individuals, with the ultimate goal of equipping students in the Tennessee Valley with essential STEM skills. By doing so, Tennessee Valley Robotics aims to inspire the next generation of innovators and problem-solvers, preparing them for a future in these rapidly evolving fields.
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Impact
July, 2024
Tennessee Valley Robotics has a significant impact on promoting STEM education and youth development in the Tennessee Valley region. Through its efforts to introduce robotics in schools and to individuals, the organization is effectively preparing students for success in science, technology, engineering, and math subjects. By focusing on STEM education, Tennessee Valley Robotics is playing a vital role in nurturing the next generation of innovators and problem solvers in the region.
This information is meant to be a general summary of Tennessee Valley 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $1,136,737
Assets and Liabilities:
- Total Assets: $675,445
- Total Liabilities: $7,239
- Net Assets: $668,206
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Organization Details
Founding Year
2016
Phone
(423) 240-4226Principal Officer
Charles Spencer
Main Address
PO Box 91, Signal Mountain, TN, 37377
Website
www.tnvrobotics.orgNTEE Category
Code: O50 - Youth development
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