Sync Space Entrepreneur Center

Organization Overview

Sync Space Entrepreneur Center is located in Kignsport, TN. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2024, Sync Space Entrepreneur Center employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sync Space Entrepreneur Center 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, Sync Space Entrepreneur Center generated $641.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $565.4k during the year ending 06/2024. While expenses have increased by 2.8% per year over the past 4 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

2024

Describe the Organization's Mission:

Part 3 - Line 1

SYNC SPACE IS AN ENTREPRENEUR CENTER WITH ACCELERATOR PROGRAMS THAT UNIQUELY FOCUS ON THE SUPPORT OF LOCAL AND RECRUITED STARTUPS THAT ARE CONSIDERING NORTHEAST TN AS A PLACE TO GROW OR EXPAND THEIR BUSINESS

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SECHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
Heath Guinn
President, Ed
$124,800
Pat Shull
Chairman
$0
Richard Venable
Director
$0
John Campbell
Director
$0
Morris Baker
Director
$0
Todd Fowler
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$572,220
Fundraising events$0
Related organizations$0
Government grants $69,218
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$641,438
Total Program Service Revenue$0
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 $641,438

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Curiosity Lab At Peachtree Corners Inc
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$838,869
Sync Space Entrepreneur Center
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$641,438
Small Business Development Center Of Hampton Roads Inc
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$463,349
Venture Noire Inc
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