Education
(B99)
IRS Verified
DX Registered
990 on File
ROBOTICS EDUCATION AND COMPETITION FOUNDATION INC
Financial strength (30%)
87/100
Reliability (20%)
50/100
Effectiveness (25%)
76/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Robotics Education & Competition (REC) Foundation seeks to increase student interest and involvement in science, technology, engineering, and mathematics (STEM) by engaging students in hands-on sustainable and affordable curriculum-based robotics engineering programs across the U.S. and internationally.
Financial Overview — FY 2025
$18.6M
Total Revenue
$18.6M
Total Expenses
$11.0M
Net Assets
129
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
91.5%
Fundraising Efficiency
N/A
Operating Reserve
7.09x
Liability-to-Asset
19.3%
Revenue Diversification
66.5%
Executive Compensation
$400K
Compared with Peers
FY 2025
Compared with 1,600 similar organizations
(United States, Education, $10M–$100M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
91.5% | 84.4% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
6.1% | 13.6% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.5% | 0.5% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.1 mo | 10.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
19.3% | 32.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
66.5% | 88.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
1.1% | 5.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-2.0% | 5.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-0.1% | 3.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $18.6M | $18.6M | $11.0M | 91.5% | 129 |
| 2024 | $18.4M | $19.0M | $11.0M | 91.1% | 40 |
| 2023 | $23.5M | $18.6M | $11.0M | 88.5% | 40 |
| 2022 | $17.8M | $17.4M | $6.1M | 90.6% | 40 |
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