Forsyth Robotics Inc
Nonprofit profile at a glance
- EIN
- 992670481
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Cumming, GA, USA
- Phone
- 6789433032
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $141,032
- Expenses
- $139,065
- Assets
- $32,300
- Liabilities
- $4,657
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- MARIE-VERONIQUE HEREDIA (PRESIDENT)
People named in this filing
- MATTHEW KELTON (BUSINESS DIR)
- MARIE-VERONIQUE HEREDIA (PRESIDENT)
- KELLEN HILL (VICE PRESIDE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of forsyth robotics inc is to provide support, whether financial or administrative, to team bean or any other future robotics team under forsyth robotics inc to pursue their vision by creating a space where students can sprout their technical and interpersonal skills alongside industry mentors. Cultivate a welcoming, collaborative environment and use their pursuit of competitive excellence to grow students into leaders and problem solvers.
What it reported doing in 2024
To educate and foster involvement for students in robotic sciences, by sponsoring camps, supporting team competitions, and by supplying parts and goods for the teams.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 100
- Sustainability: 34
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.5%; rating input score 95
- Program expense ratio: 96.8%; rating input score 97
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 1.4%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 0.23; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 95.5% of revenue deployed · 96.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $135K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 38/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.