Small Public Charity

READING ENGINEERING TEAMS INC

Based in Reading, MA, READING ENGINEERING TEAMS INC operates as a Small Public Charity. The organization reported $23K in revenue, $25K in expenses, $62K in total assets for fiscal year 2026. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $15K.

EIN: 465231808 Reading, MA Engineering & Technology NTEE: U40 Latest filing: 2026
Total Revenue$23K
Total Expenses$25K
Total Assets$62K
Grant Records2
Funding Total$15K
Filing Years2022–2026

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.

Where $100 goes at Reading Engineering Teams Inc

How Reading Engineering Teams Inc divides every $100 it spends, from its own Form 990-EZ filings, averaged across 8 years.

$89 Programs the work itself
$11 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $89 for programs

$85
Support Reading Memorial High School FRC Robotics Team in building competition robot and attending NE FIRST Competitions
96% of program spending
$4
Scholarships for Reading Memorial High School students
4% of program spending
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Source: Form 990-EZ filings with the IRS, latest fiscal year 2026. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Akshita Rao
Director Carmine Mazzarella
Director Eileen Manning
Director James Avtges
Clerk Lynn Wolter
Treasurer Rachael Nokes

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$15,400 2 grants

Financial Trends

Year Revenue Expenses Assets
2026 $23K $25K $62K
2025 $20K $13K $64K
2024 $23K $22K $57K
2023 $24K $13K $56K
2022 $7K $12K $45K

Between 2022 and 2026, reported annual revenue grew from $7K to $23K (+228%), with total assets most recently reported at $62K.

Interactive year-over-year charts and full filing details available with membership.

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