Lakota Robotics LLC

EIN: 831757990 501(c)(3)

Middletown, OH

Total Revenue
$1,645,433
Total Expenses
$146,225
Total Assets
$1,783,367
Net Assets
$1,783,367
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
OH
Principal Officer
Jimmy Nichols
Phone
5135931229
Tax Period
2024-01-01 to 2024-12-31

Lakota Robotics LLC, founded in 2011, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 1747% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 91% operating margin.

Mission

We inspire young people to pursue careers in science and technology using a unique and fun learning experience in an environment that fosters creativity and models those careers. We engage young people and equip them with skills necessary to become confident, responsibile,...

Program Service Accomplishments

Program 1
Expenses: $144,786 Revenue: $1,644,087

First Robotics Competition-Under Strict rules, limited resources, and a intense six week time limit, teams of students are challenged to raise funds, design a team brand, hone teamwork skills, and...

Read more

First Robotics Competition-Under Strict rules, limited resources, and a intense six week time limit, teams of students are challenged to raise funds, design a team brand, hone teamwork skills, and build and program industrial size robots to play a different field game against like-minded competitors. Its close to real world engineering as a student can get. Volunteer professional mentors lead their team and talents to guide each team. Each session ends with an exciting First championship.

Program 2
Expenses: $860 Revenue: $520

First Tech challenge-Guided by adult coaches and mentors, students develop STEM skills and practice engineering principles (like keeping an engineering notebook), while realizing the value of hard...

Read more

First Tech challenge-Guided by adult coaches and mentors, students develop STEM skills and practice engineering principles (like keeping an engineering notebook), while realizing the value of hard work, innovation, and sharing ideas. The Robot Kit is reusable from year to year and can be programmed using a variety of languages, including Java. Teams also must raise funds, design and market their team brand, and do community outreach for which they can win awards. Participants have access to tens of millions of dollars in scholarships. Each season concludes with SUPER Regional Championships and exciting FIRST Championship.

Program 3
Expenses: $579 Revenue: $826

First Lego Lague-Guided by two or more adult coaches, teams research a real world problem such as food safety, recycling, energy, etc and are challenged to develop a solution. they also must design...

Read more

First Lego Lague-Guided by two or more adult coaches, teams research a real world problem such as food safety, recycling, energy, etc and are challenged to develop a solution. they also must design, build, program a robot using LEGO MINDSTORMS, then compete on a table top playing field. Paticipants apply science, technology, engineering, and math concepts (STEM), plus a big dose of imagination, to solve a problem. Along their journey, they develop critical thinking and team building skills, basic solutions with a dash of creativity to judges. They also practice the Programs Core Values, which emphasize discovery, teamwork and good sportsmanship.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,593,371
Program Service Revenue $0
Investment Income $46,062
Other Revenue $6,000
TOTAL REVENUE $1,645,433

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $146,225
Other Expenses $146,225
TOTAL EXPENSES $146,225

Year-over-Year Comparison

2024 2023 Change
Revenue $1,645,433 $89,072 +17.5%
Expenses $146,225 $94,604 +0.5%
Net Income $1,499,208 $-5,532 -272.0%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
N/A

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
7
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dave Baringer Board Member 2.50
Officer Director
$0 $0 $0
Linda Cassidy Board Member 2.50
Officer Director
$0 $0 $0
Sandy Wheatley Boad Member 2.50
Officer Director
$0 $0 $0
Emily Morgan Secretary 3.50
Officer Director
$0 $0 $0
Kindra Montgomery Treasurer 20.00
Officer Director
$0 $0 $0
Jimmy Nichols President 20.00
Officer Director
$0 $0 $0
Robert Weekley Board Member 2.50
Officer 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 $1,645,433 $146,225 $1,783,367 $1,499,208
2023 $89,072 $94,604 $235,849 $-5,532
2022 $50,899 $116,932 $241,381 $-66,033
2021 $279,054 $11,001 $307,414 $268,053
2020 $33,937 $32,131 $39,361 $1,806
2019 $38,980 $20,388 $37,555 $18,592
2018 $59,230 $70,056 $18,963 $-10,826
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Lakota Robotics LLC with other nonprofits in Ohio and across the country.