Florida Christian University Inc
- Assets
- $3.2m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 5
- Location
- Orlando, FL
- Founding
- 06/1998
- Data as of
- 12/2023
- EIN
- 59-3085435
Organization Overview
Florida Christian University Inc is located in Orlando, FL. The organization was established in 1998. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 12/2023, Florida Christian University Inc employed 5 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Florida Christian University 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 12/2023, Florida Christian University Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER PEOPLE WORLDWIDE THROUGH PRACTICAL, ACCESSIBLE, AND TRANSFORMATIVE HIGHER EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
FCU OFFERS ASSOCIATES TO POST-DOCTORAL DEGREES IN THE UNITED STATES AND ABROAD IN THE AREAS OF BUSINESS, EDUCATION, BEHAVIORAL SCIENCES AND THEOLOGY. CLASSES ARE OFFERED IN PERSON, SYNCHRONOUSLY, ASYNCHRONOUSLY AND THROUGH A HYBRID APPROACH. THE INSTITUTION ALSO OFFERS CONTINUING EDUCATION PROGRAMS AND INTERNATIONAL CONFERENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruno Portigliatti President | OfficerTrustee | 40 | $78,287 |
Anthony Portigliatti Director | Officer | 40 | $61,750 |
Fernanda G Portigliatti Vice President | Officer | 40 | $33,660 |
Judy Braland Director | Trustee | 40 | $0 |
Roberto Rinaldi Director | Trustee | 40 | $0 |
Esteban Gecchelin Director | Trustee | 40 | $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 | $303,210 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $303,210 |
| Total Program Service Revenue | $2,310,121 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $2,613,331 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $173,697 |
| Compensation of current officers, directors, key employees. | $173,697 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,861 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,345 |
| Payroll taxes | $14,151 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,490 |
| Fees for services: Accounting | $2,991 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $333,242 |
| Advertising and promotion | $6,216 |
| Office expenses | $6,788 |
| Information technology | $23,208 |
| Royalties | $0 |
| Occupancy | $247,455 |
| Travel | $8,268 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $116,910 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,815 |
| Insurance | $31,892 |
| All other expenses | $44,568 |
| Total functional expenses | $1,132,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $812,621 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,369,816 |
| 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 | $4,678 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,187,115 |
| Accounts payable and accrued expenses | $221,934 |
| 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 | $305,720 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $510,064 |
| Total liabilities | $1,037,718 |
| 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 | $2,149,397 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,187,115 |