Institute For Commercialization Of Florida Technology Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 10,032,576 | 661,776 | 9,370,800 | 178.9 | 26% |
| 2013 | 1,190,020 | 1,754,015 | −563,995 | 63.6 | 56% |
| 2014 | 6,333,311 | 1,888,017 | 4,445,294 | 87.4 | 54% |
| 2015 | 6,220,212 | 3,168,473 | 3,051,739 | 63.6 | 33% |
| 2016 | 6,456,780 | 3,732,937 | 2,723,843 | 62.8 | 28% |
| 2017 | 6,497,859 | 3,029,434 | 3,468,425 | 91.1 | 35% |
| 2018 | 1,915,604 | 2,105,763 | −190,159 | 129.9 | 34% |
| 2019 | 672,170 | 1,869,446 | −1,197,276 | 138.7 | 21% |
| 2020 | 552,446 | 1,704,721 | −1,152,275 | 144.0 | 7% |
| 2021 | 787,082 | 2,905,252 | −2,118,170 | 75.7 | 3% |
| 2022 | 342,694 | 1,727,814 | −1,385,120 | 117.7 | 6% |
| 2023 | 163,151 | 2,918,595 | −2,755,444 | 58.3 | 4% |
In its most recent public year (2023), this organization spent $2,755,444 more than it brought in. Its reserves stood at about 58.3 months of spending, down from 178.9 in 2012. Staff pay was 4% of spending.
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 2023. 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
Institute For Commercialization Of Florida Technology Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works