MASSROBOTICS INC

Boston, MA, US
501(c)3
EIN
47-1919574
Boston, MA, US
501(c)3
EIN
47-1919574

Overview

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Est.

2015

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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MASSROBOTICS INC is a nonprofit organization focused on student services, dedicated to fostering the next generation of successful robotics and connected device companies. With an operating budget of $4.2 million and total revenue of $4 million for the filing year 2024, the organization provides entrepreneurs and innovative robotics startups with essential workspace and resources to develop, prototype, test, and commercialize their products. Notably, MASSROBOTICS does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base for its mission. For more information, visit www.massrobotics.org.

Mission Statement

THE MISSION OF THE ORGANIZATION IS TO HELP CREATE AND SCALE THE NEXT GENERATION OF SUCCESSFUL ROBOTICS AND CONNECTED DEVICE COMPANIES BY PROVIDING ENTREPRENEURS AND INNOVATIVE ROBOTICS/AUTOMATION STARTUPS WITH THE WORKSPACE AND RESOURCES THEY NEED TO DEVELOP, PROTOTYPE, TEST AND COMMERCIALIZE THEIR PRODUCTS AND SOLUTIONS.
Revenues

$4M

Expenses

$4.2M

Net Income:
-$208.7K
Assets

$15.5M

Liabilities

$11.6M

Net Assets:
+$3.9M
Operating Budget

$4.2M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

4

Median grant size
$10.1K
Largest grant received
$33.3K
T
Thomas Ryden
Board Member
T
Thomas Hopcroft
Board Member
C
Colin Angle
Board Member

Frequently Asked Questions

What is MASSROBOTICS INC’s budget?
In 2024, MASSROBOTICS INC reported an annual operating budget of around $4.2 million. More detailed financial information is available to registered users.
What causes does MASSROBOTICS INC support?
MASSROBOTICS INC supports work in Student services.
Where does MASSROBOTICS INC operate?
MASSROBOTICS INC is headquartered in Boston, MA.
Who funded MASSROBOTICS INC recently?
In 2024, MASSROBOTICS INC received grants from OneWorld Boston Inc, ANALOG DEVICES FOUNDATION, and GREATER HORIZONS. More information on this organization’s funders is available to registered users.
What is the largest grant MASSROBOTICS INC received in 2024?
The largest grant to MASSROBOTICS INC in 2024 exceeds $33 thousand.
What is MASSROBOTICS INC’s reliance on government grants?
MASSROBOTICS INC relied on government grants for more than 10% of their total revenue in 2024.
Overview
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