XBOT Robotics (EIN 061808972) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

Ronak Shah

Phone

2067795371

Tax Period

2023-01-01 to 2023-12-31

XBOT Robotics, founded in 2007, is a small nonprofit in the Education sector that reported $319K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $367K exceeded revenue, resulting in a 15% operating deficit.

Mission

Mission: Inspire and prepare underserved students to pursue STEAM learning and careers through mentored robotics competitions and hands-on projects. Activities: Extracurricular robotics activities for underserved students in South Seattle, WA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $316,582

Program Service Revenue $0

Investment Income $2,913

Other Revenue $-259

TOTAL REVENUE $319,236

Expense Breakdown

Grants Paid $0

Salaries & Benefits $67,992

Fundraising Expenses $45,198

Program Expenses $252,634

Other Expenses $260,656

TOTAL EXPENSES $367,258

Year-over-Year Comparison

	2023	2022	Change
Revenue	$319,236	$247,564	+0.3%
Expenses	$367,258	$216,339	+0.7%
Net Income	$-48,022	$31,225	-2.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Amir Aghaei	Director	2.50	Director	$0	$0	$0
Hooman Hosseinpour	Director	5.50	Director	$0	$0	$0
Dan Nowlin	Director	1.00	Director	$0	$0	$0
Marguerite Russell	Director	7.00	Director	$0	$0	$0
Selso Luanava	Director	0.30	Director	$0	$0	$0
Mary Byron	Director	3.00	Director	$0	$0	$0
James Wager	Director	1.25	Director	$0	$0	$0
Tom Blank	Vice President	0.75	Officer	$0	$0	$0
Doug Laundry	President	10.00	Officer	$0	$0	$0
Laurie Benaloh	Secretary	14.00	Officer	$0	$0	$0
Ronak Shah	Treasurer	1.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$319,236	$367,258	$269,431	$-48,022
2022	$247,564	$216,339	$317,100	$31,225

XBOT Robotics