Southern Florida Instructional Television Inc
- Assets
- $0.0
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Miami Shores, FL
- Founding
- 02/2010
- Data as of
- 06/2024
- EIN
- 30-0577601
Organization Overview
Southern Florida Instructional Television Inc is located in Miami Shores, FL. The organization was established in 2010. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Florida Instructional Television Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Southern Florida Instructional Television Inc generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $3.3m during the year ending 06/2024. While expenses have increased by 16.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Southern Florida Instructional Television Inc has awarded 27 individual grants totaling $14,752,807. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE EDUCATIONAL OPPORTUNITIES AND TO PROVIDE WIRELESS BROADBAND AND INCIDENTAL SERVICES PRIMARILY TO STUDENTS, TEACHERS AND STAFF AT ACCREDITED PUBLIC AND PRIVATE SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SFITV HOLDS A LICENSE FOR THREE EDUCATIONAL BROADBAND SERVICE (EBS) CHANNELS FROM THE FCC TO PROVIDE WIRELESS BROADBAND ACCESS AND DEVICES TO STUDENTS, TEACHERS, AND ADMINISTRATIVE STAFF IN THE METROPOLITAN AREA OF MIAMI, FLORIDA. THIS SERVICE ALLOWS STUDENT USERS TO PURSUE THEIR STUDIES, TEACHERS TO PREPARE FOR THEIR CLASSES, AND ADMINISTRATORS TO CONDUCT THEIR WORK AND PROFESSIONAL DEVELOPMENT AT SCHOOL, OTHER REMOTE EDUCATIONAL LOCATIONS, AND HOME. THE PORTABILITY OF THE WIRELESS SERVICES AND DEVICES ALLOW USERS INTERNET ACCESS ANYWHERE, ANYTIME. THE SERVICE IS ALSO MADE AVALABLE TO STUDENTS AND ADULTS WHO OTHERWISE COULD NOT AFFORD ACCESS TO THE INTERNET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yvette Brown President | OfficerTrustee | 2 | $0 |
Robert Parrondo Vice President | OfficerTrustee | 2 | $0 |
David Moreno Secretary | OfficerTrustee | 2 | $0 |
Christopher Starling Treasurer | OfficerTrustee | 2 | $0 |
Susan Rosenthal Director | Trustee | 2 | $0 |
Steven J Gorski Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $3,258,000 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,258,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,252,702 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,298 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,258,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, Southern Florida Instructional Television Inc has awarded $3,252,702 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
THE SOURCE FOR LEARNING INC PURPOSE: EDUCATIONAL IMPROVEMENTS | $1,222,234 |
BARRY UNIVERSITY PURPOSE: EDUCATIONAL IMPROVEMENTS | $1,015,234 |
MIAMI DADE COLLEGE PURPOSE: EDUCATIONAL IMPROVEMENTSEDUCATIONAL IMPROVEMENTS | $1,015,234 |