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Maryland · Nonprofit

FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC

FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC (Maryland) receives grants from 4 organizations whose IRS filings report $98,026 to it, the largest being TRUIST FOUNDATION INC ($88,000). 1 of them have funded it in more than one year.

$2.0M
Revenue FY2025
4
Funders on record
$98k
Grants received
$6.7M
Net assets
1/4 repeat funderspeak grant-dependency 11%

Against its field

FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC has grown faster than half of the 1,812 community improvement nonprofits its size.

Operating margin−20% · bottom quartile
Months of reserve1.5mo · bottom quartile
Revenue growth (annualized)12% · above the median

this organization peer median middle 50% of peers· 1,812 community improvement nonprofits $1M–$10M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

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.

100 = 20172017 Revenue 100 ($787k) Expenses 100 ($624k) Net assets 100 ($441k)2018 Revenue 68 ($532k) Expenses 86 ($534k) Net assets 99 ($439k)2019 Revenue 97 ($765k) Expenses 140 ($876k) Net assets 74 ($328k)2020 Revenue 85 ($668k) Expenses 116 ($723k) Net assets 62 ($273k)2021 Revenue 128 ($1.0M) Expenses 117 ($728k) Net assets 125 ($549k)2022 Revenue 101 ($794k) Expenses 154 ($960k) Net assets 69 ($302k)2023 Revenue 208 ($1.6M) Expenses 177 ($1.1M) Net assets 190 ($838k)2024 Revenue 985 ($7.8M) Expenses 284 ($1.8M) Net assets 1615 ($7.1M)2025 Revenue 248 ($2.0M) Expenses 376 ($2.3M) Net assets 1526 ($6.7M)
'17'18'19'20'21'22'23'24'25
Revenue (248)Expenses (376)Net assets (1526)Peer revenue range

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 36% · 2018 14% · 2019 36% · 2020 30% · 2021 48% · 2022 28% · 2023 58% · 2024 90% · 2025 41%. Grants only. Government contracts and fees sit inside program revenue.

51% of FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).

This organization
Typical peer · 4,406 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

$163k
17
$2k
18
$111k
19
$55k
20
$276k
21
$166k
22
$536k
23
$6.0M
24
$389k
25
1.5
months of
reserve
02Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $5k → $5k.

2 of 4 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 FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC’s funders (the co-funder graph). 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

FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC leans on a few funders — its largest provides 90% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

90%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 100%broadly stable.

“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.

Where its funders are

FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC draws 100% of its grant income from funders outside Maryland, across 2 states in all.

PA
FL

In-state vs out-of-state, by year

22
23
Maryland out of state home

Funder states come from each funder’s own filing. $5k arriving through sponsors registered in 2 statesis 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government funding FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $6.3M on record — $6.3M federal, $78k state.

Federal$6.3M
grants $6.3Mcontracts $0
20
21
22
23
24
Top agencies
  • Department of Commerce$4.6M
  • Small Business Administration$1.0M
  • Department of Housing and Urban Development$500k
  • Department of Agriculture$124k
State$78k
Top programs
  • Grant$78k

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 FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Maryland

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 20%Fundraising 0%

Governance

16
board members
94%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for FREDERICK INNOVATIVE TECHNOLOGY CENTER I 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.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC?
FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC (Maryland) receives grants from 4 organizations whose IRS filings report $98,026 to it, the largest being TRUIST FOUNDATION INC ($88,000). 1 of them have funded it in more than one year.
How many funders does FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC have?
IRS filings report 4 organizations giving $98,026 in grants to FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC, 1 of which have funded it in more than one year.
Who is the largest funder of FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC?
TRUIST FOUNDATION INC is the largest funder on record, with $88,000 in grants. The full list of funders is on this page.
How can an organization like FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

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 4funders 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 August 27, 2026. What this page cannot tell you · view filing