Capitol Technology University

Organization Overview

Capitol Technology University is located in Laurel, MD. The organization was established in 1965. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Capitol Technology University employed 290 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capitol Technology University 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 06/2021, Capitol Technology University generated $16.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $15.1m during the year ending 06/2021. While expenses have increased by 0.9% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE PRACTICAL EDUCATION IN ENGINEERING, COMPUTER SCIENCE, INFORMATION TECHNOLOGY AND BUSINESS THAT PREPARES INDIVIDUALS FOR PROFESSIONAL CAREERS AND AFFORDS THEM THE OPPORTUNITY TO THRIVE IN A CHANGING WORLD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE EDUCATIONAL OPPORTUNITIES TO STUDENTS AT THE UNIVERSITY LEVEL.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Allied Universal
Campus Security
$172,551
Allied Universal
Campus Security
$172,551
Elliance
Marketing And Webiste Design
$365,215
Elliance
Marketing And Webiste Design
$365,215
Allied Universal
Campus Security
$172,551
Elliance
Marketing And Webiste Design
$365,215
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,036,318
All other contributions, gifts, grants, and similar amounts not included above$199,773
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,236,091
Total Program Service Revenue$13,469,359
Investment income $41,951
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $26,334
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 $16,836,672

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Capitol Technology University has recieved totaling $2,000.

Awarding OrganizationAmount
Elvoid Lakes Iii Foundation

Uppr Marlboro, MD

PURPOSE: SCHOLARSHIP

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,784,573
Earnings$1,289,872
Net Contributions$7,600
Other Expense$190,462
Ending Balance$5,891,583

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