TROY ROBOTICS FOUNDATION INC

EIN: 874565810 501(c)(3) Education

Troy, MI

Total Revenue
$298,555
Total Expenses
$162,911
Total Assets
$167,322
Net Assets
$167,322
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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
2021
Legal Domicile
MI
Phone
8106241054
Tax Period
2024-06-01 to 2025-05-31

TROY ROBOTICS FOUNDATION INC, founded in 2021, is a small nonprofit in the Education sector that reported $299K in total revenue in fiscal year 2024. The organization ran a surplus of $136K, a strong 45% operating margin.

Mission

Promote STEAM and robotics education at the elementary, middle, and high school levels.

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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 (2024)

Revenue Breakdown

Contributions & Grants $123,983
Program Service Revenue $172,401
Investment Income $0
Other Revenue $2,171
TOTAL REVENUE $298,555

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $162,911
Other Expenses $162,911
TOTAL EXPENSES $162,911

Year-over-Year Comparison

2024 2023 Change
Revenue $298,555 N/A N/A
Expenses $162,911 N/A N/A
Net Income $135,644 $0 N/A
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
6
Independent Members
6
Employees
N/A
Volunteers
200

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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Srinivas Simhan President and Chairman 10
Officer Director
$0 $0 $0
Darren Losey Vice President and Board Member 10
Officer Director
$0 $0 $0
Eric Balamucki Treasurer and Board Member 3
Officer Director
$0 $0 $0
Steven Hatfield Secretary and Board member 10
Officer Director
$0 $0 $0
Eddie Bachle Board Delegate at Large 10
Director
$0 $0 $0
Sarah Losey Board Member at Large 10
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
2025 $298,555 $162,911 $167,322 $135,644
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