Public Charity

FLORIDA INSTITUTE OF TECHNOLOGY INC

FLORIDA INSTITUTE OF TECHNOLOGY INC is a Public Charity headquartered in MELBOURNE, FL. Financial data from the 2025 filing: $237.8M revenue, $216.5M expenses, $431.3M total assets. 175 publicly reported grants to this organization, totaling roughly $10.4M, appear in IRS filings.

EIN: 596046500 MELBOURNE, FL Latest filing: 2025
Total Revenue$237.8M
Total Expenses$216.5M
Total Assets$431.3M
Grant Records175
Funding Total$10.4M
Filing Years2021–2025

Mission

FLORIDA INSTITUTE OF TECHNOLOGY'S MISSION IS TO PROVIDE HIGH-QUALITY EDUCATION TO A CULTURALLY DIVERSE STUDENT BODY IN ORDER TO PREPARE STUDENTS FOR ENTERING THE GLOBAL WORKFORCE, SEEKING HIGHER-EDUCATION OPPORTUNITIES, AND SERVING WITHIN THEIR COMMUNITIES. THE UNIVERSITY ALSO SEEKS TO EXPAND KNOWLEDGE THROUGH BASIC AND APPLIED RESEARCH AND TO SERVE THE DIVERSE ECONOMIC, CULTURAL, AND SOCIETAL NEEDS OF OUR LOCAL, STATE, NATIONAL AND INTERNATIONAL CONSTITUENCIES.

Officers & Directors

CHIEF DATA O Amanda Moske
VP ENROLLMEN Brian Ehrlich
VP OF PHILAN Cassie Pericak
PRESIDENT Dr John Nicklow
TRUSTEE EMER Dr Raymond A Armstrong
TRUSTEE EMER Dr Richard N Baney

Officer compensation and complete director data available with membership.

Top Grant Purposes

RESEARCH
$2,906,306 11 grants
For general scholarship support.
$1,129,000 5 grants
RCSG
$892,177 8 grants
TO FURTHER MISSION OF PROVIDING OCEAN INFORMATION TO MEMBERS AND OTHER PARTIES
$463,393 6 grants
MEDICAL RESEARCH
$460,603 6 grants

Financial Trends

Year Revenue Expenses Assets
2025 $237.8M $216.5M $431.3M
2024 $222.5M $205.2M $409.3M
2023 $211.7M $195.5M $392.5M
2022 $211.9M $178.9M $366.0M
2021 $191.4M $179.9M $380.1M

Between 2021 and 2025, reported annual revenue grew from $191.4M to $237.8M (+24%), with total assets most recently reported at $431.3M.

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

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