Florida Institute Of Technology Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 257,881,178 | 253,959,286 | 3,921,892 | 5.0 | 26% |
| 2012 | 290,301,410 | 281,349,502 | 8,951,908 | 4.9 | 22% |
| 2013 | 300,225,506 | 295,308,667 | 4,916,839 | 5.0 | 25% |
| 2014 | 201,573,754 | 181,848,509 | 19,725,245 | 9.6 | 43% |
| 2015 | 208,178,592 | 200,241,651 | 7,936,941 | 9.2 | 44% |
| 2016 | 195,642,332 | 201,072,470 | −5,430,138 | 8.4 | 46% |
| 2017 | 187,158,249 | 182,977,759 | 4,180,490 | 9.8 | 48% |
| 2018 | 191,847,243 | 184,590,033 | 7,257,210 | 10.3 | 48% |
| 2020 | 21,133,016 | 26,442,871 | −5,309,855 | 81.1 | 47% |
| 2021 | 191,425,099 | 179,874,014 | 11,551,085 | 14.3 | 45% |
| 2022 | 211,905,030 | 178,859,614 | 33,045,416 | 14.8 | 42% |
| 2023 | 211,689,614 | 195,508,670 | 16,180,944 | 15.0 | 42% |
| 2024 | 222,506,045 | 205,194,552 | 17,311,493 | 15.6 | 44% |
In its most recent public year (2024), this organization brought in $17,311,493 more than it spent. Its reserves stood at about 15.6 months of spending, up from 5 in 2011. Staff pay was 44% of spending. $92,813,541 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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