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Massachusetts · Nonprofit

READING ENGINEERING TEAMS INC

READING ENGINEERING TEAMS INC (Massachusetts) receives grants from 4 organizations whose IRS filings report $18,489 to it, the largest being For Inspiration and Recognition of Science and Technology (FIRST) ($15,400). 4 of them have funded it in more than one year.

Revenue FY2026
$23k
Funders on record
4
Grants received
$18k
Net assets
$62k
4/4 repeat funderspeak grant-dependency 25%
01What it does

What Reading Engineering Teams Inc does

Mission

To provide a means of funding and financial support to the Reading Robockets (Team 4761), a FIRST Robotics Competition Team at Reading Memorial High School.

As stated on its FY2026 Form 990-EZ.

Programs

  1. Support Reading Memorial High School FRC Robotics Team in building competition robot and attending NE FIRST Competitions. Through outreach activities, the team inspires appreciation for STEM within the community.

    $21,942 spent
    96% of program spending
  2. Scholarships for Reading Memorial High School students.

    $900 spent
    4% of program spending

The 2 programs described on its FY2026 Form 990-EZ. Program spending in total: $22,842.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($28k) Expenses 100 ($17k) Net assets 100 ($39k)2019 Revenue 100 ($29k) Expenses 133 ($23k) Net assets 115 ($45k)2020 Revenue 55 ($16k) Expenses 86 ($15k) Net assets 118 ($46k)2021 Revenue 35 ($10k) Expenses 34 ($6k) Net assets 129 ($50k)2022 Revenue 25 ($7k) Expenses 72 ($12k) Net assets 115 ($45k)2023 Revenue 84 ($24k) Expenses 74 ($13k) Net assets 145 ($56k)2024 Revenue 81 ($23k) Expenses 130 ($22k) Net assets 147 ($57k)2025 Revenue 71 ($20k) Expenses 78 ($13k) Net assets 164 ($64k)2026 Revenue 82 ($23k) Expenses 146 ($25k) Net assets 160 ($62k)
'18'19'20'21'22'23'24'25'26
Revenue (82)Expenses (146)Net assets (160)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $45k to $56k (+25%).

$39k
$45k
$46k
$50k
$45k
$56k
$57k
$64k
$62k
'18'19'20'21'22'23'24'25'26
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
2025
2026
ContributionsProgram revenueInvestmentOther

100% of READING ENGINEERING TEAMS INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (91% for the typical peer).

This organization
Typical peer · 837 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$11k
’18
$6k
’19
$1k
’20
$4k
’21
−$5k
’22
$11k
’23
$834
’24
$7k
’25
−$2k
’26
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 2 funders to 4 funders, grant income rose $530 → $6k.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of READING ENGINEERING TEAMS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

READING ENGINEERING TEAMS INC leans on a few funders — its largest provides 83% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

84% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund READING ENGINEERING TEAMS INC.

83%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 94% · 2021 100% · 2022 98% · 2023 83% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

READING ENGINEERING TEAMS INC draws 84% of its grant income from funders outside Massachusetts, across 2 states in all.

NH
MA

In-state vs out-of-state, by year

’20
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $89 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

READING ENGINEERING TEAMS INC has grown faster than half of the 28 science & tech nonprofits its size.

Operating margin−7% · below the median
Revenue growth (annualized)−2% · above the median

this organization peer median middle 50% of peers· 28 science & tech nonprofits under $100k, FY2026

Organizations like READING ENGINEERING TEAMS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for READING ENGINEERING TEAMS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds READING ENGINEERING TEAMS INC?
READING ENGINEERING TEAMS INC (Massachusetts) receives grants from 4 organizations whose IRS filings report $18,489 to it, the largest being For Inspiration and Recognition of Science and Technology (FIRST) ($15,400). 4 of them have funded it in more than one year.
How many funders does READING ENGINEERING TEAMS INC have?
IRS filings report 4 organizations giving $18,489 in grants to READING ENGINEERING TEAMS INC, 4 of which have funded it in more than one year.
Who is the largest funder of READING ENGINEERING TEAMS INC?
For Inspiration and Recognition of Science and Technology (FIRST) is the largest funder on record, with $15,400 in grants. The full list of funders is on this page.
How can an organization like READING ENGINEERING TEAMS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Reading Engineering Teams →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2026 (financials across 2018–2026), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing