ROBOTICS EDUCATION & COMPETITION FOUNDATION INC (EIN 352212630) - 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

2006

Legal Domicile

Principal Officer

DAN MANTZ

Phone

9034570431

Tax Period

2023-09-01 to 2024-08-31

ROBOTICS EDUCATION & COMPETITION FOUNDATION INC, founded in 2006, is a mid-sized nonprofit in the Education sector that reported $22.1M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $19.2M left a modest 13% surplus.

Mission

To increase student interest and involvement in science, technology, engineering, and mathematics (STEM) by engaging students in hands on affordable and sustainable robotics engineering programs.

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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 $10,954,736

Program Service Revenue $10,825,154

Investment Income $319,458

Other Revenue $0

TOTAL REVENUE $22,099,348

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,193,876

Fundraising Expenses $95,257

Program Expenses $16,724,818

Other Expenses $12,962,800

TOTAL EXPENSES $19,156,676

Year-over-Year Comparison

	2023	2022	Change
Revenue	$22,099,348	$23,531,268	-0.1%
Expenses	$19,156,676	$18,634,975	+0.0%
Net Income	$2,942,672	$4,896,293	-0.4%

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

$350,000

Total Directors

$350,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN MANTZ	CEO	40.00	Officer Director	$350,000	$0	$350,000
DR CORI LATHAN	Director	0.00	Director	$0	$0	$0
MARY LOU EWALD	Director	0.00	Director	$0	$0	$0
DR SHELLY GRUENIG	Director	0.00	Director	$0	$0	$0
MIKE HARRIS	Director	0.00	Director	$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	$22,099,348	$19,156,676	$18,429,317	$2,942,672
2023	$21,942,896	$18,788,529	$15,304,474	$3,154,367
2023	$23,531,268	$18,634,975	$11,722,759	$4,896,293
2022	$17,811,729	$17,442,610	$8,149,445	$369,119
2020	$10,348,184	$9,343,754	$3,564,646	$1,004,430
2019	$13,576,182	$12,519,365	$4,075,313	$1,056,817
2018	$10,907,672	$9,619,999	$1,342,141	$1,287,673

ROBOTICS EDUCATION & COMPETITION FOUNDATION INC