Skip to content
Nonprofiteer
← COLORADO ROBOTICS EXCELLING ATSCIENCE & TECHNOLOGY

Form 990 for tax year 2023

Filed by COLORADO ROBOTICS EXCELLING ATSCIENCE & TECHNOLOGY.

Totals

Total revenue
$535,249
Total expenses
$497,467
Contributions and grants received
$438,074
Grants paid
$90,785
Program service revenue
$87,614
Investment income
$9,561
Other revenue
$0
Total assets, end of year
$620,419
Total liabilities, end of year
$122,049
Net assets or fund balances, end of year
$498,370
Program services expenses (Part IX)
$486,231
Management and general expenses
$10,383
Fundraising expenses
$853
Program service expenses (Part III)
$486,231

Program services were 97.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $438,074

  • 2a · Program service revenue: REGISTRATION FEES

    total $82,800 · related or exempt $82,800

  • 2b · Program service revenue: MERCHANDISE & CONCESSIONS

    total $4,814 · related or exempt $4,814

  • 3 · Investment income

    total $9,561 · excluded $9,561

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $90,785 · program services $90,785

  • 11c · Fees: accounting

    total $7,075 · management and general $7,075

  • 12 · Advertising and promotion

    total $13,941 · program services $13,941

  • 13 · Office expenses

    total $1,666 · program services $1,666

  • 14 · Information technology

    total $1,876 · program services $1,126 · fundraising $750

  • 16 · Occupancy

    total $375 · program services $375

  • 17 · Travel

    total $11,725 · program services $11,725

  • 23 · Insurance

    total $7,241 · program services $5,793 · management and general $1,448

  • 24a · Other expenses: VENUE RENTAL

    total $142,738 · program services $142,738

  • 24b · Other expenses: PROGRAM SUPPLIES

    total $103,902 · program services $103,902

  • 24c · Other expenses: PROJECT MANAGEMENT

    total $54,170 · program services $54,170

  • 24d · Other expenses: VOLUNTEER EXPENSE

    total $50,010 · program services $50,010

  • 24e · All other expenses

    total $11,963 · program services $10,000 · management and general $1,860 · fundraising $103

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $175,995 · end of year $191,988

  • 2 · Savings and temporary cash investments

    beginning of year $395,535 · end of year $405,097

  • 3 · Pledges and grants receivable

    beginning of year $18,003 · end of year $19,862

  • 9 · Prepaid expenses and deferred charges

    end of year $3,472

  • 17 · Accounts payable and accrued expenses

    beginning of year $128,945 · end of year $122,049

  • 27 · Net assets without donor restrictions

    beginning of year $460,588 · end of year $454,982

  • 28 · Net assets with donor restrictions

    end of year $43,388

Mission and programs · 2023

Mission

THE MISSION OF COLORADOFIRST IS TO DELIVER HIGH-QUALITY FIRST ROBOTICS PROGRAMS TO STUDENTS IN COLORADO INCLUDING MANAGING TOURNAMENTS, SUPPORTING TEAMS, AND WORKING WITH OUR PROGRAM MENTORS. OUR LONG-TERM GOAL IS TO DEVELOP THE BUSINESS AND TECHNOLOGY LEADERS OF TOMORROW.

  • THE PAST SEASON WE HAD RECOVERY OF STUDENT PARTICIPATION NEAR TO PRE-COVID LEVELS WITH A TOTAL OF 5,603 STUDENTS PARTICIPATING COMPARED TO 5,755 IN 2020 PRE-COVID. WE HELD 33 LIVE EVENTS (FLL-E 8, FLL-C 12, FTC 9, FRC 4). THE MAJORITY OF THESE WERE ROBOT COMPETITIONS BUT THERE WERE ALSO TRAINING AND SCRIMMAGE EVENTS AS WELL.

    Expenses $486,231 · Grants $90,785 · Revenue $87,614

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • William S Schneider

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Leslie Karnauskas

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Terry Olkin

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Rodger Stewart

    CHIEF GROWTH

    Total calculated
    $0
    Hours/week
    2

  • Melodie Reagan

    CHIEF MARKET

    Total calculated
    $0
    Hours/week
    2

  • Scott Springer

    TEAM GROWTH

    Total calculated
    $0
    Hours/week
    2

  • Marsha Williams

    DEVELOPMENT

    Total calculated
    $0
    Hours/week
    2

  • Tony English

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • THE HACK FOUNDATION

    $12,248

    TEAM FUNDING

  • PTA COLORADO CONGRESS

    $6,154

    TEAM FUNDING

  • ANGELBIOTICS

    $6,130

    TEAM FUNDING

  • EL PASO COUNTY SCHOOL DISTRICT 20

    $5,478

    TEAM FUNDING

Provenance

Return type
form_990
Tax year
2023
Filed
8 November 2024
IRS schema version
2023v5.0
Source object
202423189349306887

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.