EIN 59-6046500

Florida Institute of Technology (FIT)

IRS 501(c) type
501(c)(3)
Num. employees
2,791
State
Year formed
1958
Most recent tax filings
2024-06-01
Description
Florida Institute of Technology is an independent technological university that provides quality education, furthers knowledge through research, and serves the diverse needs of their local, state, national and international constituencies.
Total revenues
$222,506,045
2024
Total expenses
$205,194,552
2024
Total assets
$409,277,325
2024
Num. employees
2,791
2024

Program areas at FIT

Instruction and academic support the university instructed 3,469 undergraduate, 1,092 graduate and 482 doctorate students on campus and off campus sites. In addition, there were 4,613 online students in undergraduate, graduate and doctoral programs. The university offers undergraduate and graduate programs in the following fields of study: aeronautics and aviation, business and management, psychology and behavior analysis, arts and communication, engineering, science and mathematics, computing, premed.
Student services, auxillary enterprises and other revenues major services provided are housing and dining. In addition, campus life revolves around the clemente center for sports and recreation, the denius student center and panther plaza. Students participate in a wide variety of intramural sports, more than 100 student organizations and 16 intercollegiate sports. From greek life to the college players thatrical organization, students are actively involved in the life of the campus community.

Who funds Florida Institute of Technology (FIT)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
West Virginia University ResearchResearch$472,423
Lettie Pate Whitehead FoundationFor General Scholarship Support.$244,000
Corporation for Public BroadcastingRCSG$118,586
...and 55 more grants received totalling $1,539,427

Personnel at FIT

NameTitleCompensation
Kathleen McDermottChief Financial Officer$62,500
Gary GrantSenior Vice President Advancement$279,865
Albino CampaniniSenior Vice President Student Affairs$306,570
Brian EhrlichVice President Enrollment$192,079
Brian LeslieVice President Facilities Oper.$202,771
...and 9 more key personnel

Financials for FIT

RevenuesFYE 06/2024
Total grants, contributions, etc.$20,716,196
Program services$188,139,312
Investment income and dividends$5,984,910
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,732,218
Net gain from sale of non-inventory assets$3,782,960
Net income from fundraising events$348,783
Net income from gaming activities$4,617
Net income from sales of inventory$0
Miscellaneous revenues$1,797,049
Total revenues$222,506,045

Form 990s for FIT

Fiscal year endingDate received by IRSFormPDF link
2024-062024-12-16990View PDF
2023-062024-06-12990View PDF
2023-062024-04-26990View PDF
2022-062023-05-02990View PDF
2021-062022-05-12990View PDF
...and 12 more Form 990s

Organizations like FIT

OrganizationLocationRevenue
Elmhurst UniversityElmhurst, IL$139,557,739
Molloy UniversityRockville Centre, NY$159,204,626
Concordia College CorporationMoorhead, MN$93,695,769
Providence CollegeProvidence, RI$372,863,038
Otterbein UniversityWesterville, OH$106,461,271
Fresno Pacific University (FPU)Fresno, CA$88,122,677
University of Evansville (UE)Evansville, IN$89,456,694
Doane UniversityCrete, NE$86,192,324
Marywood UniversityScranton, PA$116,155,084
Corporation of Haverford CollegeHaverford, PA$211,707,370
Data update history
January 31, 2025
Posted financials
Added Form 990 for fiscal year 2024
January 22, 2025
Updated personnel
Identified 1 new personnel
January 19, 2025
Received grants
Identified 13 new grant, including a grant for $244,000 from Lettie Pate Whitehead Foundation
October 23, 2024
Received grants
Identified 9 new grant, including a grant for $118,586 from Corporation for Public Broadcasting
August 3, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
LobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportTax deductible donationsAccepts online donations
General information
Address
150 W University Blvd
Melbourne, FL 32901
Metro area
Palm Bay-Melbourne-Titusville, FL
County
Brevard County, FL
Website URL
fit.edu/ 
Phone
(321) 674-8000
Facebook page
FloridaInstituteofTechnology 
Twitter profile
@floridatech 
IRS details
EIN
59-6046500
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1958
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Exempt
FTB status revoked
Not revoked
AG Registration Number
CT0192320
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2025-02-19
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