Public Charity

FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC

FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC is a nonprofit organization categorized as Public Charity based in FREDERICK, MD. Its most recent IRS filing (2025) reports revenue of $2.0M, expenses of $2.3M, total assets of $9.5M. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $5K.

EIN: 201262262 FREDERICK, MD Latest filing: 2025
Total Revenue$2.0M
Total Expenses$2.3M
Total Assets$9.5M
Grant Records1
Funding Total$5K
Filing Years2021–2025

Mission

TO FOSTER ENTREPRENEURIAL ACTIVITY IN THE INFORMATION TECHNOLOGY AND LIFE SCIENCE INDUSTRIES WITHIN FREDERICK COUNTY, MARYLAND.

Officers & Directors

VICE CHAIRMAN Andres Mendoza
MEMBER Anne Balduzzi
MEMBER David Gurzick
MEMBER David Palank
MEMBER Jeanne O'connell
MEMBER Jodie Bollinger

Officer compensation and complete director data available with membership.

Top Grant Purposes

UNRESTRICTED
$5,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $2.0M $2.3M $9.5M
2024 $7.8M $1.8M $11.0M
2023 $1.6M $1.1M $2.9M
2022 $794K $960K $868K
2021 $1.0M $728K $806K

Between 2021 and 2025, reported annual revenue grew from $1.0M to $2.0M (+95%), with total assets most recently reported at $9.5M.

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

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