Florida Next Foundation Inc
- Assets
- $359.9k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Tampa, FL
- Founding
- 09/2011
- Data as of
- 04/2022
- EIN
- 80-0729815
Organization Overview
Florida Next Foundation Inc is located in Tampa, FL. The organization was established in 2011. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Next Foundation 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 04/2022, Florida Next Foundation Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 67.3% each year . All expenses for the organization totaled $1.3m during the year ending 04/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SYNAPSE IS THE GUIDE FOR FLORIDA'S INNOVATION COMMUNITY TO EASILY FIND WHAT THEY NEED AND SHARE WHAT THEY HAVE TO ACCELERATE SUCCESS AND CREATE THRIVING ECONOMIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SYNAPSE SUMMIT BRINGS TOGETHER THE BEST PEOPLE, IDEAS, AND TECHNOLOGIES. HELD AT TAMPA BAY'S AMALIE ARENA, THE SUMMIT IS AN EVENT THAT PROVIDES TWO DAYS OF IN-DEPTH LEARNING, EXPLORING, NETWORKING, AND CELEBRATING THE POSSIBILITIES OF TECHNOLOGY AND INNOVATION. SUMMIT ATTENDEES CAN MEET FLORIDA'S MOST CREATIVE MINDS, LEARN FROM THEM, AND BUILD THEIR OWN NETWORK.
DURING EXTERNAL FACTORS RESULTING FROM COVID, SNYAPSE HELD A NUMBER OF ONLINE EVENTS THROUGHOUT THE YEAR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Schar Chairman Of The Board | OfficerTrustee | 5 | $0 |
Marc Blumenthal Director | Trustee | 20 | $0 |
Leila Blacking Director | Trustee | 5 | $0 |
Chip Caddell Director | Trustee | 5 | $0 |
Dan Greco Director | Trustee | 5 | $0 |
Brian Kornfeld 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,341,167 |
| 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 | $1,341,167 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $435,001 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,897 |
| Fees for services: Accounting | $510 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,000 |
| Advertising and promotion | $206,844 |
| Office expenses | $70,181 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $107,657 |
| Travel | $92,857 |
| 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 | $1,865 |
| All other expenses | $21,872 |
| Total functional expenses | $1,314,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $341,318 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,593 |
| 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 | $359,911 |
| Accounts payable and accrued expenses | $83,655 |
| Grants payable | $0 |
| Deferred revenue | $1,456 |
| 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 | $149,900 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $15,015 |
| Total liabilities | $250,026 |
| Net assets without donor restrictions | $109,885 |
| 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 | $359,911 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Florida Next Foundation Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of North Florida Inc Tallahassee, FL PURPOSE: INNOVATE TLH PROJECT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Port Of Miami Crane Management Inc Miami, FL | $7,034,425 | $17,162,724 |
Berges Family Foundation Vero Beach, FL | $57,651,104 | $11,821,447 |
Purpose Built Families Foundation Pembroke Pines, FL | $1,302,506 | $7,669,586 |
Support For Missions Inc Davenport, FL | $1,145,432 | $3,234,010 |
Kamileons Kloset Professional Development Inc Atlanta, GA | $890,251 | $2,826,364 |
Florida Taxwatch Research Institute Inc Tallahassee, FL | $3,664,870 | $2,312,538 |
Key Largo Volunteer Fire Department Inc Key Largo, FL | $15,840 | $1,466,572 |
Florida Next Foundation Inc Tampa, FL | $359,911 | $1,341,167 |
Forcesunited Inc Augusta, GA | $599,735 | $1,140,304 |
Love The Golden Rule Inc St Petersburg, FL | $1,098,187 | $1,065,340 |
Alabama Policy Institute Inc Birmingham, AL | $363,839 | $962,542 |
Romy And Gaby Sci Foundation Inc Tampa, FL | $1,172,225 | $1,233,538 |