NonprofitsMv Robotics

Education

Mv Robotics

LOS ALTOS, CA

Total revenue

$344K

Total expenses

$259K

Net assets

$90K

Grants received

$251K

6 grants

EIN

934376718

Tax year

2024

Mission

To provide education and mentorship to K-12 students in the field of robotics

Programs

4 programs

The organization also covers all additional expenses related to acquiring supplies necessary for constructing robots and preparing teams to engage in FIRST activities. This includes but is not limited to purchasing various materials such as electronic components mechanical parts tools and safety equipment essential for building competitive robots. These supplies are crucial for facilitating the training and development of team members ensuring they are well-prepared and equipped to participate effectively in FIRST programs.

Expenses: $64K

Our organization provides parts and supplies essential for constructing robots used in competitive events. These resources include motors sensors controllers and structural components necessary for building sophisticated robotic systems. By offering these materials we support teams and individuals in designing and assembling robots that meet competition requirements and push the boundaries of technological innovation. Our goal is to empower participants to excel in robotics competitions by providing them with high-quality reliable components that enable them to unleash their creativity and engineering skills.

Expenses: $17K

Participants in FIRST Robotics Competition FRC events must register their teams to compete. Registration fees for the 2024 season were up to $6,000 per team for the first regional. Additionally teams incur costs for transporting robots and equipment. These expenses can vary widely based on competition location. Covering these costs ensure that all members can participate fully in the FRC experience.

Expenses: $14K

Team shirts are mandatory for all participants at our events. Additional shirts and apparel can be purchased at the actual production cost to accommodate extra needs.

Expenses: $1K

Financials

FY 2024

Revenue

Contributions & grants$168K
Program service revenue$172K
Investment income
Other revenue$4K
Total revenue$344K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$259K
Total expenses$259K
Total assets$90K
Net assets$90K

People

3 listed

NameRoleCompensation

Stephan Massalt

President

Board

15 hrs/wk

Leonard Speiser

Vice President and Secretary

Board

15 hrs/wk

Audrey Crowley

Treasurer

Board

1 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$119K
Program Support
2024
$10K
GENERAL SUPPORT
2024
$13K
Program Support
2023
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2023

Funded by

$251K from 4 funders · 6 grants · 2023–2024

For Inspiration and Recognition of

$132K · 2 grants · 2023–2024

American Online Giving Foundation Inc

$99K · 2 grants · 2023–2024

Paypal Charitable Giving Fund

$10K · 1 grant · 2024

Details

EIN934376718
NTEE codeB99
Subsection03
Ruling date2023-12
Formed2023
Employees0
Volunteers40
MV ROBOTICS — Mission, Financials & Grants Received | Grantivo