Florida · Nonprofit
Florida Memorial University Inc
Florida Memorial University Inc (Florida) receives grants from 49 organizations whose IRS filings report $14,075,166 to it, the largest being UNITED NEGRO COLLEGE FUND INC ($9,220,734). 24 of them have funded it in more than one year.
- Revenue FY2025
- $46M
- Funders on record
- 49
- Grants received
- $14M
- Net assets
- $69M
What Florida Memorial University Inc does
Mission
Education - Florida Memorial University endeavors to instill in students the importance of becoming global citizens through lifelong learning, leadership, character, and service, which will enhance their lives and the lives of others.
As stated on its FY2025 Form 990.
Programs
Education, General/Other: Institutional Support. Infrastructure to support the University and carryout it's primary goal of educating students. (~1156 students).Includes auxiliary expenses, business & fiscal, and presidents office under Depts. 100, 300, & 500 as well. Also includes student aid & discounts (shown contrarevenuein financial statements).
$11,749,425 spent$12,650,514 earned by the program35% of program spendingGrants & Other Assistance program: provides some Academic Instructional services that instruct and educate students, provide monitoring and consulting by the professors; it also provides Scholarships to students that would otherwise have no other means to continue their education. The funds also provides for community outreach and services, providing interaction with the students, community and the FMU community as a whole.
$10,831,647 spentof which $10,831,647 as grants33% of program spendingStudent Services Programs: Support services and activities surrounding students. The University has approximately 1156 students.
$4,876,122 spent$298,491 earned by the program15% of program spendingInstructional: The University offers programs designed to liberally educate students in a postindustrial, high technology society. There are educational programsthrough the Divisions of Airway and Computer Sciences, Business Administration, Education and Humanities, Natural Sciences, Mathematics, Social Sciences, and thenondegree General College Division and Division of Lifelong Learning.
$3,306,719 spent$516,766 earned by the program10% of program spendingAcademic Support: Educational Delivery; General & Other: Support Staff (Deans, secretaries, and administration) to carry out the functional support duties of theinstructional unit (~1156 students).
$2,395,591 spent$17,267,936 earned by the program7% of program spending
The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $33,159,504.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $75M to $92M (+22%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 25% · 2018 26% · 2019 20% · 2020 26% · 2021 36% · 2022 41% · 2023 32% · 2024 27% · 2025 25%. Grants only. Government contracts and fees sit inside program revenue.
31% of Florida Memorial University Inc’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Walter Weatherington
Board Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 7 funders to 19 funders, grant income rose $896k → $2.9M.
11 of 49 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 5% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Florida Memorial University Inc’s funders (the co-funder graph). Top 30 of 49 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Florida Memorial University Inc leans on a few funders — its largest provides 65% of grant income and the top three 78%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
74% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Florida Memorial University Inc.
Largest funder’s share by year: 2017 105% · 2018 91% · 2019 77% · 2020 61% · 2021 60% · 2022 73% · 2023 35% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
30% of Florida Memorial University Inc's funders are still giving 3 years after their first grant; 49% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
Florida Memorial University Inc draws 91% of its grant income from funders outside Florida, across 16 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $731k arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Florida Memorial University Inc's funding base is broadening — from 7 funders to 19 as grant income climbed.
this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025
Government funding Florida Memorial University Inc receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $65.2M on record — $65.0M federal, $166k state.
- Department of Education$59.8M
- National Science Foundation$2.5M
- Small Business Administration$1.5M
- Department of Commerce$900k
- Nuclear Regulatory Commission$200k
- National Endowment for the Humanities$150k
- FL$156k
- NJ$11k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like Florida Memorial University Inc
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Florida
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
70% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for Florida Memorial University Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Florida Memorial University Inc?
- Florida Memorial University Inc (Florida) receives grants from 49 organizations whose IRS filings report $14,075,166 to it, the largest being UNITED NEGRO COLLEGE FUND INC ($9,220,734). 24 of them have funded it in more than one year.
- How many funders does Florida Memorial University Inc have?
- IRS filings report 49 organizations giving $14,075,166 in grants to Florida Memorial University Inc, 24 of which have funded it in more than one year.
- Who is the largest funder of Florida Memorial University Inc?
- UNITED NEGRO COLLEGE FUND INC is the largest funder on record, with $9,220,734 in grants. The full list of funders is on this page.
- How can an organization like Florida Memorial University Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Florida Memorial University →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 49 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing