Overview
What is Werobotics Inc?
Werobotics Inc is an international nonprofit organization based in Wilmington, Delaware. Their mission is to empower local experts and entrepreneurs by investing in robotics technology for positive social impact. They achieve this goal through a network of "Flying Labs," knowledge hubs led by local professionals. These hubs aim to enhance humanitarian aid, global development, public health, and environmental protection efforts in Africa, Asia, and Latin America. By co-creating and facilitating a network of local expertise in drones, data, and AI, Werobotics Inc seeks to shift power from the global sphere to the local communities, enabling them to implement technology for good projects themselves. As of the provided data, Werobotics Inc has a small workforce of only two individuals.
Official website here: www.werobotics.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Stars
Werobotics Inc has achieved a commendable Four-Star rating from Charity Navigator, which reflects a high level of accountability and financial health. The overall score is based entirely on the Accountability & Finance metrics, where the organization scored 90%. Such a rating indicates strong management practices and a commitment to transparency, which are crucial for donor trust.
The organization excels in several key areas, including having a majority of independent board members and robust financial oversight measures. Notably, it received full points for its audit and oversight committee, conflict of interest policy, and whistleblower policy, showcasing a comprehensive approach to governance and ethical standards. The high program expense ratio of 88.16% further suggests that the majority of its resources are directed towards its mission-driven programs.
However, there are some areas for improvement, particularly regarding the liabilities to assets ratio, which stands at 58.49%. While this ratio does not detract significantly from Werobotics Inc's overall performance, it indicates that the organization could potentially enhance its financial stability. Overall, the high rating underscores a strong operational framework, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Werobotics Inc legitimate?
Werobotics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Werobotics 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $141,701
For more financial information, click here
Official website here: www.werobotics.org
What is the mission statement of Werobotics Inc?
Werobotics Inc's mission is to empower local communities by shifting power from the global sphere to the local level. They aim to achieve this by providing local experts with the necessary opportunities to implement technology for good projects, leveraging their local knowledge and lived experiences. The organization co-creates and facilitates a network of local knowledge hubs in Africa, Asia, and Latin America, focusing on drones, data, and AI. The objective of this network, known as Flying Labs, is to accelerate the positive impact of humanitarian, health, development, and environmental solutions at a local level.
Official website here: www.werobotics.org
Who is the CEO of Werobotics Inc?
Andrew Schroeder is the Chief Financial Officer of Werobotics Inc.
Official website here: www.werobotics.org
What is the revenue of Werobotics Inc?
Werobotics Inc's revenue in 2022 was $915,574.
Official website here: www.werobotics.org
Who are the executives of Werobotics Inc and what are their salaries?
The average compensation at Werobotics Inc during 2022 was $70,850. There are 2 employees and 5 volunteers at Werobotics Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $156,068
- Compensation: $0
- Related: $0
- Other: $171,590
- Compensation: $0
- 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
- Compensation: $116,860
- Related: $0
- Other: $0
Official website here: www.werobotics.org
Where can I find the form 990 for Werobotics Inc?
Werobotics Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.werobotics.org
Learn more at the official website: www.werobotics.org
Mission Statement of Werobotics Inc
Werobotics Inc, a nonprofit organization, aims to harness technology for the betterment of local communities. Their mission is centered around shifting power from the global sphere to the local, enabling local experts with firsthand knowledge and experience to lead technology-driven projects that promote social good. To achieve this, Werobotics Inc establishes knowledge hubs in Africa, Asia, and Latin America, leveraging existing expertise in drones, data, and AI. The Flying Labs Network, a key initiative of Werobotics Inc, is designed to accelerate the positive impact of humanitarian, healthcare, development, and environmental solutions at a local level. The organization's goal is to foster projects that address pressing issues in these areas, ultimately enhancing the well-being of communities worldwide.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Werobotics Inc's impact can be seen in the way it shifts power from the global back to the local, empowering local experts with knowledge and experience to lead technology projects for social good. By facilitating a network of local knowledge hubs in Africa, Asia, and Latin America through its Flying Labs network, Werobotics is accelerating the positive impact of humanitarian, health, development, and environmental solutions at a local level. Through investments in local entrepreneurs and experts, Werobotics is creating opportunities for the use of robotics in various fields for the benefit of communities around the world.
This information is meant to be a general summary of Werobotics 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 2022.
- Investment Income: $1,200
- Program Service Revenue: $404,764
- Gross Receipts: $915,574
Assets and Liabilities:
- Total Assets: $1,689,018
- Total Liabilities: $987,950
- Net Assets: $701,068
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING
Revenue
$258,738
PROGRAM SERVICE FEES
Revenue
$120,551
OTHER PROGRAM REVENUE
Revenue
$22,938
TRAINING
Revenue
$2,537
Organization Details
Founding Year
2015
Phone
(714) 721-3322Principal Officer
Andrew Schroeder
Main Address
1209 ORANGE STREET, WILMINGTON, DE, 19801
Website
www.werobotics.orgIf you are a representative of Werobotics Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.