Science & Technology
(U05)
990 on File
ADVANCED ROBOTICS FOR MANUFACTURING INSTITUTE
Financial strength (30%)
68/100
Reliability (20%)
45/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$35.9M
Total Revenue
$35.6M
Total Expenses
$4.1M
Net Assets
41
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
91.3%
Fundraising Efficiency
N/A
Operating Reserve
1.38x
Liability-to-Asset
56.9%
Revenue Diversification
99.9%
Executive Compensation
$1.8M
Compared with Peers
FY 2023
Compared with 125 similar organizations
(United States, Science & Technology, $10M–$100M in expenses), FY 2023.
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
|
91.3% | 82.4% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.7% | 16.3% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.4 mo | 16.1 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
56.9% | 22.3% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.9% | 86.3% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
53.5% | 6.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
56.3% | 10.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.6% | 0.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $35.9M | $35.6M | $4.1M | 91.3% | 41 |
| 2022 | $23.4M | $22.8M | $3.9M | 59.2% | 24 |
| 2021 | $53.2M | $26.0M | N/A | — | 24 |
| 2020 | $42.3M | $41.1M | N/A | — | 25 |
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