Nonprofit · EIN 87-3768241
RESEARCH & ROBOTICS INC
Tax-exempt · NEW BEDFORD, MA 02740
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,644,971 | $889,565 | $755,406 | $3,494,300 | $2,464,009 | $1,030,291 |
| June 30, 2024 | 990 | $566,983 | $736,730 | -$169,747 | $2,455,180 | $2,180,295 | $274,885 |
| June 30, 2023 | 990 | $816,994 | $385,560 | $431,434 | $1,907,317 | $1,462,685 | $444,632 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,434,384
- of which government grants
- $572,744
- Program service revenue
- $210,587
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $9,951
- Compensation of officers, directors and key employees
- $131,539
- Other salaries and wages
- $165,115
- Salaries, compensation and benefits (total)
- $318,868
- Professional fundraising fees
- $14,000
- Legal fees
- $4,019
- Accounting fees
- $34,649
- Occupancy
- $234,289
- Travel
- $2,742
- Depreciation
- $72,480
- Program services (functional)
- $594,220
- Management and general (functional)
- $200,127
- Fundraising (functional)
- $95,218
Balance sheet and other
- Total assets, start of year
- $2,455,180
- Total assets, end of year
- $3,494,300
- Total liabilities, end of year
- $2,464,009
- Net assets, end of year
- $1,030,291
- Land, buildings and equipment
- $1,477,034
- Net assets without donor restrictions
- $211,687
- Net assets with donor restrictions
- $818,604
- Gross receipts
- $1,644,971
- Employees
- 4
- Volunteers
- 3
- Year formed
- 2021
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK PARSONS | EXECUTIVE DIRECTOR Officer | 40 | $125,577 |
| BEN ANDERSON | CHAIRPERSON Officer | 1 | $0 |
| CELESTE EVANS | SECRETARY Officer | 1 | $0 |
| STEPHANIE MOORE | TREASURER Officer | 1 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK PARSONS | EXECUTIVE DIRECTOR Officer | 40 | $100,000 |
| BEN ANDERSON | CHAIRPERSON Officer | 1 | $0 |
| CELESTE EVANS | SECRETARY Officer | 1 | $0 |
| STEPHANIE MOORE | TREASURER Officer | 1 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK PARSONS | EXECUTIVE DIRECTOR Officer | 40 | $19,231 |
| BEN ANDERSON | CHAIRPERSON Officer | 1 | $0 |
| CELESTE EVANS | SECRETARY Officer | 1 | $0 |
| STEPHANIE MOORE | TREASURER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1265 PURCHASE ST, NEW BEDFORD, MA 02740-6636
- Mailing address (990-N for 2021)
- 42 GROVE STREET, NEW BEDFORD MA 02740
- Principal officer (990 for 2024)
- MARK PARSONS, 42 GROVE STREET, NEW BEDFORD, MA 02740
- Principal officer (990-N for 2021)
- MARK PARSONS, 42 GROVE STREET, NEW BEDFORD MA 02740
- Signed the 990
- MARK PARSONS, EXECUTIVE DIRECTOR
- Phone
- (917) 617-4552
- Website
- WWW.RESEARCHANDROBOTICS.ORG
- Return prepared by
- LUTZ AND CARR CPAS LLP
Mission
RESEARCH & ROBOTICS PROVIDES ACCESS TO FRONTIER TECHNOLOGIES FOR SUPPORTING ENTREPRENEURIAL AND SOCIAL IMPACT, THROUGH EDUCATION, ECONOMIC EMPOWERMENT, AND CORPORATE ENGAGEMENT.
Program accomplishments
- RESEARCH & ROBOTICS, INC. ENGAGES WITH COMPANIES AND SCHOOLS FOR EDUCATION AND TECHNOLOGY INNOVATION.Expenses $594,220 · grants $9,951 · revenue $189,951
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 87-3768241
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $3,494,300
- Income (IRS master file)
- $1,644,971
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,644,971 | $889,565 | $3,494,300 | IRS |
| 990 | June 2024 | $566,983 | $736,730 | $2,455,180 | IRS |
| 990 | June 2023 | $816,994 | $385,560 | $1,907,317 | XML |
| 990-N for 2021 Officer: MARK PARSONS | June 30, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | June 2022 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-3768241).
Questions about RESEARCH & ROBOTICS INC
- What is the EIN of RESEARCH & ROBOTICS INC?
- The employer identification number (EIN) of RESEARCH & ROBOTICS INC is 87-3768241.
- Is RESEARCH & ROBOTICS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to RESEARCH & ROBOTICS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RESEARCH & ROBOTICS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RESEARCH & ROBOTICS INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RESEARCH & ROBOTICS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of RESEARCH & ROBOTICS INC?
- The 990 for the year ended June 30, 2025 names MARK PARSONS.
- Who are the officers and directors of RESEARCH & ROBOTICS INC?
- The 990 for the year ended June 30, 2025 lists 4 people; 1 received compensation from the organization, the highest $125,577 (MARK PARSONS, EXECUTIVE DIRECTOR).
- How much revenue does RESEARCH & ROBOTICS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,644,971, expenses of $889,565 and total assets of $3,494,300 at year end.
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