EIN 59-6046500

Florida Institute of Technology (FIT)

IRS 501(c) type
501(c)(3)
Num. employees
2,820
State
Year formed
1958
Most recent tax filings
2023-06-01
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
$211,689,614
2023
Total expenses
$195,508,670
2023
Total assets
$392,515,019
2023
Num. employees
2,820
2023

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
Emil Buehler Perpetual TrustGeneral Operating$500,000
West Virginia University ResearchResearch$472,423
Lettie Pate Whitehead FoundationFor General Scholarship Support.$226,000
...and 56 more grants received totalling $2,231,524

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 11 more key personnel

Financials for FIT

RevenuesFYE 06/2023
Total grants, contributions, etc.$23,310,210
Program services$181,510,415
Investment income and dividends$4,346,779
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,591,009
Net gain from sale of non-inventory assets$444,572
Net income from fundraising events$152,832
Net income from gaming activities$62,199
Net income from sales of inventory$0
Miscellaneous revenues$271,598
Total revenues$211,689,614

Form 990s for FIT

Fiscal year endingDate received by IRSFormPDF link
2023-062024-06-12990View PDF
2023-062024-04-26990View PDF
2022-062023-05-02990View PDF
2021-062022-05-12990View PDF
2020-062022-04-26990View PDF
...and 11 more Form 990s

Organizations like FIT

OrganizationLocationRevenue
New York Institute of Technology (NYIT)Old Westbury, NY$352,214,770
St Mary's UniversitySan Antonio, TX$152,784,251
Gettysburg CollegeGettysburg, PA$221,825,443
Washington CollegeChestertown, MD$94,382,563
University of New Haven (UNH)West Haven, CT$347,678,821
Columbia College ChicagoChicago, IL$239,170,569
Des Moines UniversityWest Des Moines, IA$81,589,714
New York Medical College (NYMC)Valhalla, NY$117,885,144
Doane UniversityCrete, NE$86,192,324
University of ScrantonScranton, PA$257,549,602
Data update history
August 3, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 1, 2024
Updated personnel
Identified 2 new personnel
July 23, 2024
Received grants
Identified 15 new grant, including a grant for $472,423 from West Virginia University Research
May 19, 2024
Received grants
Identified 9 new grant, including a grant for $82,633 from Southeast Coastal Ocean Observing Regional Association
January 3, 2024
Received grants
Identified 11 new grant, including a grant for $500,000 from Emil Buehler Perpetual Trust
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
2024-11-06
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