Philanthropy & Grantmaking
(T70)
IRS Verified
DX Registered
990 on File
BEST ROBOTICS INC
Financial strength (30%)
93/100
Reliability (20%)
55/100
Effectiveness (25%)
90/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
BEST (Boosting Engineering Science and Technology) Robotics mission is to inspire, engage and excite middle and high school students to pursue STEM majors and STEM careers through the vehicle of a 6-week after-school program and robotics competition. BEST's vision is to fuel the next generation of a well-trained engineering and technology workforce.
Financial Overview — FY 2024
$221K
Total Revenue
$252K
Total Expenses
$55K
Net Assets
2
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
80.8%
Fundraising Efficiency
N/A
Operating Reserve
2.62x
Liability-to-Asset
10.3%
Revenue Diversification
59.0%
Executive Compensation
$113K
Compared with Peers
FY 2024
Compared with 16,645 similar organizations
(United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2024.
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
|
80.8% | 90.2% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.2% | 7.9% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.9% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
2.6 mo | 95.2 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
10.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
59.0% | 90.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
13.3% | 18.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
1.6% | 6.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-14.2% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $221K | $252K | $55K | 80.8% | 2 |
| 2023 | $195K | $248K | $86K | 79.0% | 3 |
| 2022 | $237K | $268K | $140K | 81.6% | 3 |
| 2021 | $266K | $202K | $171K | 76.8% | 3 |
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