BEST ROBOTICS INC (EIN 752733350) - 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

1997

Legal Domicile

Principal Officer

MICHAEL STEINER

Phone

6129272642

Tax Period

2023-01-01 to 2023-12-31

BEST ROBOTICS INC, founded in 1997, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $195K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $248K exceeded revenue, resulting in a 27% operating deficit.

Mission

ADVANCE EDUCATION OF THE PUBLIC IN ENGINEERING, MATHEMATICS & RELATED SCIENTIFIC DISCIPLINES THRU PROMOTING & OVERSEEING COMPETITIVE ACTIVITIES BETWEEN TEAMS FROM SECONDARY SCHOOLS AND OTHER INTERESTED GROUPS.

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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 $119,335

Program Service Revenue $75,000

Investment Income $0

Other Revenue $728

TOTAL REVENUE $195,063

Expense Breakdown

Grants Paid $3,671

Salaries & Benefits $156,703

Fundraising Expenses $12,942

Program Expenses $196,214

Other Expenses $88,086

TOTAL EXPENSES $248,460

Year-over-Year Comparison

	2023	2022	Change
Revenue	$195,063	$237,320	-0.2%
Expenses	$248,460	$268,331	-0.1%
Net Income	$-53,397	$-31,011	+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

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

$108,000

Total Directors

$108,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL STEINER	EXECUTIVE DIRECTOR	40.00	Officer Director	$84,000	$0	$84,000
GREG YOUNG	DIRECTOR OF OPERATIONS	2.00	Officer Director	$24,000	$0	$24,000
VERNARD HENLEY	PRESIDENT	2.00	Officer Director	$0	$0	$0
FINCH FULTON	VICE PRESIDENT & TREASURER	2.00	Officer Director	$0	$0	$0
SOFIA MIRZA	SECRETARY	2.00	Officer Director	$0	$0	$0
JANNE ACKERMAN	AUDIT CHAIR	2.00	Director	$0	$0	$0
CAROLYN BAUER	BOARD MEMBER	1.00	Director	$0	$0	$0
KAUSHIK CHATTERJEE	BOARD MEMBER	1.00	Director	$0	$0	$0
MARCO DONDI	BOARD MEMBER	1.00	Director	$0	$0	$0
PETER LABAZIEWICZ	BOARD MEMBER	1.00	Director	$0	$0	$0
CHARLEY SPENCER	BOARD MEMBER	1.00	Director	$0	$0	$0
KAYLYN STANFORD	BOARD MEMBER	1.00	Director	$0	$0	$0
MARTY STRONG	BOARD MEMBER	1.00	Director	$0	$0	$0
PAUL LUTES	FORMER BOARD MEMBER	1.00	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	No data	No data	No data	No data
2023	$195,063	$248,460	$86,706	$-53,397
2022	$237,320	$268,331	$150,894	$-31,011
2021	$266,080	$202,300	$179,312	$63,780
2020	$223,059	$246,078	$125,063	$-23,019
2019	$582,389	$455,194	$153,086	$127,195
2018	$352,209	$514,011	$37,674	$-161,802

BEST ROBOTICS INC