Rochester Regional Photonics Cluster Inc

Nonprofit profile at a glance

EIN
161572490
IRS 990-EZ coverage
2012–2024
Forms available
Form 990 2019, Form 990-EZ 2024, Form 990-N 2011
Location
Rochester, NY, USA
Phone
5853294029
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$89,881
Expenses
$134,662
Assets
$111,070
Liabilities
$249,667

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • JOHN HART (PRESIDENT)

People named in this filing

  • ALEXIS VOGT (DIRECTOR)
  • CHRISTOPHER PAGE (DIRECTOR)
  • WADE COOK (DIRECTOR)

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

Promote and enhance the rochester, ny regional photonics, optics, and imaging industry by fostering the cooperation of businesses, academia and government, and working to increase the region's competitiveness in the photonics marketplace.

What it reported doing in 2024

Rrpc is an industry cluster serving a membership of approximately 80 companies. Our primary services are the development of educational initiatives to make certain that our members have a qualified workforce; business networking activities including pavilions at international conferences and attracting conferences to rochester, New York; the delivery of unique educational programming that teaches our members best business practices and identifying and pursuing growing markets. Through conferences and its website, the organization provides a variety of resources for rochester area optics, photonics and imaging businesses, educational organizations, and students, including a resource directory with needs and capabilities in photonics, and related fields such as fiber optics, adaptive optics, high-speed communications, geospatial imaging, photonic computing, nanolithography and biomedical imaging.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 82
  • Sustainability: 25
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 69%; rating input score 69

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -49.8%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 0.82; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 2.25; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -5.1% per year; rating input score 0; 35th percentile among comparable filings
  • Revenue growth: -4.9% per year; rating input score 0; 34th percentile among comparable filings
  • Asset growth: 14.8% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 69% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $93K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.

  • High — Sustainability: Operating margin scored 13/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.