Frederick Innovative Technology Center Inc
Frederick, Maryland
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,638,890↑106% | $1,103,012↑15% | $2,908,352↑235% | |
| 2022 | $794,175↓21% | $959,989↑32% | $867,854↑8% | — |
| 2021 | $1,004,662↑50% | $728,296↑1% | $806,151↑16% | — |
| 2020 | $667,649↓13% | $722,720↓17% | $696,197↑3% | — |
| 2019 | $765,041↑44% | $875,669↑64% | $675,418↑33% | — |
| 2018 | $531,614↓32% | $533,904↓14% | $509,604↓1% | — |
| 2017 | $787,172↑91% | $623,695↑57% | $514,554↑64% | — |
| 2016 | $413,102↑1% | $397,413↓17% | $314,091↓1% | — |
| 2015 | $407,682↑4% | $480,503↑9% | $317,631↓22% | — |
| 2014 | $390,980↑34% | $439,040↓31% | $407,108↓14% | — |
| 2013 | $290,961↓50% | $637,740↓11% | $474,508↓35% | — |
| 2012 | $581,999↑5% | $718,636↑8% | $725,125↓17% | — |
| 2011 | $552,998 | $665,888 | $876,558 | — |
Frequently Asked Questions
What does Frederick Innovative Technology Center Inc do?▼
Frederick Innovative Technology Center Inc is a community improvement & capacity building nonprofit organization based in Maryland. It is classified under NTEE code S300 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Frederick Innovative Technology Center Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Frederick Innovative Technology Center Inc has a score of 63/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Frederick Innovative Technology Center Inc generate?▼
Frederick Innovative Technology Center Inc reports $7.8M in annual revenue and holds $11.0M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in Maryland.