Community Improvement
(S40)
990 on File
INSTITUTE FOR COMMERCIALIZATION OF FLORIDA TECHNOLOGY INC
Financial strength (30%)
73/100
Reliability (20%)
50/100
Effectiveness (25%)
71/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$-31,045
Total Revenue
$1.5M
Total Expenses
$12.6M
Net Assets
2
Employees
Expense Breakdown
Program Expense Ratio
92.6%
Fundraising Efficiency
N/A
Operating Reserve
97.82x
Liability-to-Asset
0.7%
Revenue Diversification
N/A
Executive Compensation
$90K
Compared with Peers
FY 2024
Compared with 1,625 similar organizations
(United States, Community Improvement, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
92.6% | 85.2% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.4% | 11.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.1% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
97.8 mo | 9.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.7% | 21.0% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-119.0% | 8.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-47.0% | 10.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
5084.0% | 1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $-31,045 | $1.5M | $12.6M | 92.6% | 2 |
| 2023 | $163K | $2.9M | $14.2M | 92.0% | 2 |
| 2022 | $343K | $1.7M | N/A | — | 1 |
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