Aquapack Robotics

EIN: 465609898 501(c)(3) Science & Technology

Raleigh, NC

Total Revenue
$6,125
Total Expenses
$7,518
Total Assets
$1,442
Net Assets
$1,442
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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
2014
Legal Domicile
NC
Principal Officer
Dr John Muth
Phone
9192900657
Tax Period
2022-01-01 to 2022-12-31

Aquapack Robotics, founded in 2014, is a micro nonprofit in the Science & Technology sector that reported $6K in total revenue in fiscal year 2022. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $8K exceeded revenue, resulting in a 23% operating deficit.

Mission

Our organization fosters a professional engineering atmosphere through the design and creation of an underwater autonomous vehicle. This vehicle competes in the annual, international RoboSub competition. We also seek to promote robotics education by participating in local outreach events.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $6,125
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $6,125

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,372
Other Expenses $7,518
TOTAL EXPENSES $7,518

Year-over-Year Comparison

2022 2021 Change
Revenue $6,125 $8,190 -0.3%
Expenses $7,518 $12,773 -0.4%
Net Income $-1,393 $-4,583 -0.7%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
40

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tajah Trapier President 8
Officer
$0 $0 $0
Byron Qi Treasurer 8
Officer
$0 $0 $0
Christopher Mori Vice President 8
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
2022 $6,125 $7,518 $1,442 $-1,393
2021 $8,190 $12,773 $2,835 $-4,583
2020 $7,872 $3,013 $7,418 $4,859
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