ROBOTEERS TEAM 2481 INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

MATTHEW L DRAEAR

Phone

3093690554

Tax Period

2024-01-01 to 2024-12-31

ROBOTEERS TEAM 2481 INC, founded in 2017, is a small nonprofit in the Education sector that reported $117K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $102K left a modest 13% surplus.

Mission

TO INSPIRE YOUTH TO RECOGNIZE CAREER OPPORTUNITIES IN SCIENCE AND TECHNOLOGY, PROVIDE YOUTH WITH EXPERIENCE IN A PROJECT-ORIENTED ACTIVITY, AND OBTAIN THE FUNDING NECESSARY FOR STUDENTS TO PARTICIPATE IN THE FOR INSPIRATION AND RECOGNITION OF SCIENCE AND TECHNOLOGY ROBOTICS COMPETITION PROGRAM.

Program Service Accomplishments

Program 1

Expenses: $83,406 Revenue: $5,500

FOR THE 2024 SEASON WE HAD 23 STUDENTS AND 15 MENTORS. THE TEAM COMPETED IN THE CENTRAL IL REGIONAL IN PEORIA IL AND THEN ROCKET CITY REGIONAL IN HUNTSVILLE ALABAMA. THE TEAM QUALIFIED FOR THE FIRST ROBOTICS WORLD CHAMPIONSHIP BY WINNING BOTH REGIONAL EVENTS AND ATTENDED THE FIRST ROBOTICS WORLD CHAMPIONSHIP IN HOUSTON TX. WHILE AT THE COMPETITION, STUDENTS LEAD THE TEAM BY SCOUTING, RUNNING THE PIT AND WORKING ON THE ROBOT, AND BY OPERATING THE ROBOT AS MEMBERS OF THE DRIVE TEAM.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $111,284

Program Service Revenue $5,500

Investment Income $250

Other Revenue $0

TOTAL REVENUE $117,034

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $83,406

Other Expenses $101,628

TOTAL EXPENSES $101,628

Year-over-Year Comparison

	2024	2023	Change
Revenue	$117,034	$142,921	-0.2%
Expenses	$101,628	$100,891	+0.0%
Net Income	$15,406	$42,030	-0.6%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

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
MATTHEW L DRAEAR	PRESIDENT	15.00	Officer Director	$0	$0	$0
KYLE WAREMBURG	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
GREG WAREMBURG	TREASURER	2.00	Officer Director	$0	$0	$0
TRENTON NOREEN	SECRETARY	3.00	Officer Director	$0	$0	$0
VANESSA NOREEN	OFFICER	5.00	Director	$0	$0	$0
DOUG DRAEAR	OFFICER	2.00	Director	$0	$0	$0
PHIL KUNZ	OFFICER	10.00	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	$117,034	$101,628	$318,358	$15,406
2023	$142,921	$100,891	$302,952	$42,030
2022	$253,158	$65,116	$260,922	$188,042