Overview
What is Florida Next Foundation?
Florida Next Foundation, doing business as Synapse Florida, is a Tampa-based nonprofit organization located at 802 E Whiting Street. Their primary mission is to serve as a connector within Florida's innovation community, facilitating the exchange of ideas, resources, and opportunities among entrepreneurs, investors, corporations, education institutions, and other stakeholders. Synapse Florida aims to accelerate success in Florida's thriving economies by providing a platform for networking, learning, and celebrating technological innovation. Their annual Synapse Summit, held at Tampa Bay's Amalie Arena, offers two days of in-depth learning, exploration, and networking opportunities for attendees, showcasing the creative minds driving innovation in Florida.
Official website here: www.synapsefl.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (58%)
The Florida Next Foundation D/B/A Synapse Florida has received a One-Star rating from Charity Navigator, indicating concerns related to its accountability and finance practices. The overall score is primarily based on a single beacon score, revealing a significant reliance on financial metrics rather than a broader evaluation of performance.
Strengths of the organization include a strong independent board, with 86% of members being independent and a solid program expense ratio of 85.36%. These factors suggest effective governance and a focus on program delivery. However, the foundation lacks critical policies, such as a whistleblower policy and a document retention policy, which could impact its transparency and accountability.
Additionally, the organization faces challenges with its liabilities to assets ratio, indicating potential financial instability. While the majority of governance indicators are strong, the missing policies and high liabilities indicate areas where the foundation could improve to enhance trust and support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Next Foundation legitimate?
Florida Next Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Next Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $433,249
For more financial information, click here
Official website here: www.synapsefl.com
What is the mission statement of Florida Next Foundation?
Florida Next Foundation, operating under the name Synapse Florida, aims to serve as a connector within Florida's innovation community. Its mission is to facilitate easy access to resources and opportunities for entrepreneurs, investors, corporations, education institutions, and other stakeholders. By doing so, Synapse Florida aims to accelerate success and foster the growth of thriving economies across the state. The Synapse Summit, an annual event, brings together Florida's most innovative minds, offering in-depth learning, networking, and celebrating the potential of technology and innovation. Attendees can connect with creative leaders, learn from their experiences, and expand their own networks.
Official website here: www.synapsefl.com
Who is the CEO of Florida Next Foundation?
Brian Kornfeld is the Ceo/Director of Florida Next Foundation. The CEO's salary of Florida Next Foundation is $0 and their total compensation is $0.
Official website here: www.synapsefl.com
What is the revenue of Florida Next Foundation?
Florida Next Foundation's revenue in 2023 was $1,510,825.
Official website here: www.synapsefl.com
Who are the executives of Florida Next Foundation and what are their salaries?
There 25 volunteers at Florida Next Foundation.
Here are 15 key members and their salaries (Florida Next Foundation's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.synapsefl.com
Where can I find the form 990 for Florida Next Foundation?
Florida Next Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.synapsefl.com
Learn more at the official website: www.synapsefl.com
Mission Statement of Florida Next Foundation
Florida Next Foundation, doing business as Synapse Florida, serves as a connector within Florida's innovation community. Its mission is to facilitate easy access to resources and opportunities, fostering collaboration and accelerating success among entrepreneurs, investors, corporations, education institutions, and other stakeholders. Synapse Florida aims to bolster Florida's thriving economies by bridging gaps and fostering an environment that nurtures innovation and creativity. The organization's annual Synapse Summit, held at Tampa Bay's Amalie Arena, is a two-day event that showcases cutting-edge ideas and technologies, enabling attendees to learn, network, and engage with the most creative minds in the field.
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Impact
July, 2024
Florida Next Foundation D/B/A Synapse Florida, operating as Synapse Florida, is a key player in connecting entrepreneurs, talent, investors, corporations, education institutions, and other stakeholders to accelerate success in Florida's thriving economies. Through initiatives like the Synapse Summit, held at Tampa Bay's Amalie Arena, they bring together the best people, ideas, and technologies, facilitating in-depth learning, exploration, networking, and celebration of the possibilities of technology and innovation.
Synapse Florida's impact lies in providing a platform for Florida's innovation community to easily access resources, share their expertise, and collaborate towards accelerating success. By fostering a vibrant ecosystem that nurtures creativity and collaboration, Synapse Florida contributes to the growth and development of a thriving economy in the state.
This information is meant to be a general summary of Florida Next Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $1,510,825
- Gross Receipts: $1,510,825
Assets and Liabilities:
- Total Assets: $276,293
- Total Liabilities: $269,194
- Net Assets: $7,099
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SYNAPSE SUMMIT
Revenue
$1,510,825
Organization Details
Founding Year
2011
Phone
(727) 415-6705Principal Officer
Brian Kornfeld
Main Address
802 E WHITING STREET, TAMPA, FL, 33602
Website
www.synapsefl.comNTEE Category
Code: W99 - Public benefit
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