Civic Intelligence

Star-Tec Enterprises Inc.

990 • Fiscal year 2015 • EIN 27-2800023

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 15, 2016

224 - 2nd Avenue North No 9St Petersburg, FL 33701

(727) 547-7340

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.25x

Higher debt load relative to assets than 73% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

69th percentile

0.15x

Higher debt load relative to revenue than 69% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

68th percentile

11%

Higher net margin than 68% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

94th percentile

$162,757

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 18.7% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

92nd percentile

72%

Faster asset growth than 92% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

33rd percentile

-4.6%

Faster revenue growth than 33% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$507,513

Up $212,545 (+72%) from 2014

Net Assets

Up

$379,763

Up $117,498 (+45%) from 2014

Liabilities

Up

$127,750

Up $95,047 (+291%) from 2014

Revenue

Down

$870,738

Down $42,269 (-4.6%) from 2014

Expenses

Down

$771,847

Down $51,925 (-6.3%) from 2014

Net Income

Up

$98,891

Up $9,656 (+11%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $120,744Liabilities 2011: $34,728Net Assets 2011: $86,0162011Assets 2012: $319,939Liabilities 2012: $171,332Net Assets 2012: $148,6072012Assets 2013: $326,982Liabilities 2013: $153,952Net Assets 2013: $173,0302013Assets 2014: $294,968Liabilities 2014: $32,703Net Assets 2014: $262,2652014Assets 2015: $507,513Liabilities 2015: $127,750Net Assets 2015: $379,7632015Assets 2016: $294,446Liabilities 2016: $2,750Net Assets 2016: $291,6962016Assets 2017: $191,283Liabilities 2017: $2,778Net Assets 2017: $188,5052017Assets 2018: $50,187Liabilities 2018: $3,478Net Assets 2018: $46,7092018Assets 2019: $103,546Liabilities 2019: $12,748Net Assets 2019: $90,7982019Assets 2020: $178,393Liabilities 2020: $108,573Net Assets 2020: $69,8202020Assets 2021: $263,520Liabilities 2021: $60,012Net Assets 2021: $203,5082021Assets 2022: $200,210Liabilities 2022: $19,183Net Assets 2022: $181,0272022Assets 2023: $1,384,348Liabilities 2023: $112,360Net Assets 2023: $1,271,9882023Assets 2024: $3,123,619Liabilities 2024: $1,197,122Net Assets 2024: $1,926,4972024Assets 2025: $2,574,931Liabilities 2025: $1,116,296Net Assets 2025: $1,458,6352025

Highlighted filing

2015

Assets$507,513
Liabilities$127,750
Net Assets$379,763

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2011: $646,2522011Expenses 2012: $694,9422012Expenses 2013: $697,0782013Revenue 2014: $913,007Expenses 2014: $823,772Net Income 2014: $89,2352014Revenue 2015: $870,738Expenses 2015: $771,847Net Income 2015: $98,8912015Revenue 2016: $613,503Expenses 2016: $701,570Net Income 2016: -$88,0672016Revenue 2017: $612,760Expenses 2017: $715,951Net Income 2017: -$103,1912017Revenue 2018: $427,283Expenses 2018: $569,079Net Income 2018: -$141,7962018Revenue 2019: $432,397Expenses 2019: $388,308Net Income 2019: $44,0892019Revenue 2020: $401,840Expenses 2020: $422,818Net Income 2020: -$20,9782020Revenue 2021: $536,031Expenses 2021: $402,343Net Income 2021: $133,6882021Revenue 2022: $443,885Expenses 2022: $466,366Net Income 2022: -$22,4812022Revenue 2023: $1,653,097Expenses 2023: $562,136Net Income 2023: $1,090,9612023Revenue 2024: $1,443,675Expenses 2024: $789,166Net Income 2024: $654,5092024Revenue 2025: $410,918Expenses 2025: $887,121Net Income 2025: -$476,2032025

Highlighted filing

2015

Revenue$870,738
Expenses$771,847
Net Income$98,891
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 15, 2016
Return Version
2014v6.0
Gross Receipts
$870,738
Mission and Program Overview

Mission

To accelerate entrepreneurial success by nurturing early stage ventures that result in high wage, high tech jobs and wealth creation for the tampa bay region.

Create successful entrepreneurs, foster high-tech jobs, and promote economic development

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,640$225,268▲ $209,628
Cash and Non-Interest-Bearing Accounts$178,868$212,830▲ $33,962
Savings and Temporary Cash Investments$100,460$50,622▼ $49,838
Prepaid Expenses and Deferred Charges$0$18,793▲ $18,793
Total Assets$294,968$507,513▲ $212,545
Liabilities
Deferred Revenue-$125,000-
Accounts Payable and Accrued Expenses$18,607$0▼ $18,607
Other Liabilities$14,096$2,750▼ $11,346
Total Liabilities$32,703$127,750▲ $95,047
Net Assets / Fund Balance
Unrestricted Net Assets$262,265$379,763▲ $117,498
Total Net Assets Fund Balance$262,265$379,763▲ $117,498
Total Liabilities and Net Assets / Fund Balance$294,968$507,513▲ $212,545

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$209,847$80,710$290,557
Equipment$15,421$1,436$16,857
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tonya ElmorePresdent & CEOFT$140,664$22,093$162,757

Board Members and Trustees

NameTitle
Chris ParadiesChairman
Doug MartinDirector
Mark SwansonDirector
Shawn HughesDirector
Suzie BolandSecretary
Gail RogersTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Hennessey ConstructionInterior Build-out Construction Services2300 22ND STREET NORTH, St Petersburg, FL 33713$253,885
Revenue and Support

Revenue Composition

Contributions and Grants
$785,766
Program Service Revenue
$84,810
Investment Income
$162
Other Revenue
$0
All Other Contributions
$59,766
Change in Net Assets
$98,891
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$428,645
Other Expenses$343,202
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$223,231-$223,231
Current Officers, Directors, Trustees, and Key Employees-$162,273-$162,273
Occupancy$44,990$68,973-$113,963
Depreciation Depletion-$82,146-$82,146
Office Expenses$5,468$29,689-$35,157
Advertising-$26,804-$26,804
Fees for Services Lobbying-$26,500-$26,500
Payroll Taxes-$26,212-$26,212
Conferences and Meetings$7,808$8,578-$16,386
Fees for Services Other$993$10,786-$11,779
Insurance-$11,169-$11,169
Other Employee Benefits-$10,005-$10,005
Fees for Services Accounting-$8,700-$8,700
Travel$343$8,346-$8,689
Pension Plan Contributions-$6,924-$6,924
Information Technology$420$1,489-$1,909
Total Functional Expenses$60,022$711,825$0$771,847
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$2,750
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1

In order to facilitate the corporation's governance, should the number of directors at any time exceed three, there shall be an executive committee of the board which shall exercise all powers of the board of directors between meetings of the board, subject to the limitations of law and these bylaws and any other limitations that may be established from time to time by the board of directors. The executive committee shall in such case consist of three directors, namely, the chairperson of the board (appointed pursuant to section 3.14) and two other directors appointed to such committee by the board.

Form 990, Part VI, Section B, Line 11

All members of the board of directors are provided a copy of the form 990 before filing. The treasurer of the organization performs a detailed review of the return before it is finalized and filed.

Form 990, Part VI, Section B, Line 12C

In connection with any actual or possible conflicts of interest, an interested person must disclose the existence of his or her financial interest and must be given the opportunity to disclose all material facts to the directors and/or the members of committees with board delegated powers considering the proposed transaction or arrangement. Each director, officer and member of a committee with board delegated powers shall annually sign a statement which affirms that such person - 1.) has received a copy of the conflict of interest policy 2.) has read and understands the policy 3.) has agreed to comply with the policy, and 4.) understands that the organization is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

Form 990, Part VI, Section B, Line 15A

The compensation of the president is based on the annual survey of the similar position by national organizations. Board members will review the compensation and approve it.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Star-tec Enterprises Inc
EIN
27-2800023
Phone
7275477340
Address
224 - 2ND AVENUE NORTH NO 9, ST PETERSBURG, FL 33701
Doing Business As
Tampa Bay Innovation Center

Signing Officer

Name
Gail Rogers
Title
Treasurer
Phone
7275477340
Signed
2016-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tonya R Elmore
Formed
2010
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
6
Employees
6
Volunteers
70

Preparer

Firm
Cliftonlarsonallen Llp
Address
201 N FRANKLIN ST SUITE 2500, TAMPA, FL 33602
Preparer
Clinton Freeman
Phone
8133842700
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

In october of 2014, the innovation center opened tec garage, a technology and entrepreneurship center aimed at early stage startups in downtown st. Petersburg, fl. Since its inception, tec garage has worked with 30 startups and helped attract one tech company to a new downtown location by offering programs and meetups opportunities for the community.

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IRS990/Desc0ACCELERATOR PROGRAM: THE TAMPA BAY INNOVATION CENTER CREATES SUCCESSFUL ENTREPRENEURS, FOSTERS THE CREATION OF HIGH-TECH JOBS, AND DEVELOPS NEW SOURCES OF TECHNOLOGY AND MANUFACTURING CAPABILITIES BY NURTURING EARLY STAGE VENTURES AS THEY GROW AND LAUNCH THEIR PRODUCTS INTO THE MARKETPLACE. OUR PROGRAMS ARE TAILORED TO THE INNOVATOR/ENTREPRENEUR AND ADDRESS BUSINESS INTELLIGENCE, PLANNING AND BUSINESS FORMATION, STRATEGY EXECUTION, AND TECHNOLOGY TRANSITION. THE TIME FROM "MIND TO MARKET" IS A CRITICAL FACTOR FOR TODAY'S SUCCESSFUL TECHNOLOGY COMPANIES. OUR EXPERIENCED STAFF OF TECHNICAL AND BUSINESS RESEARCHERS AND ANALYSTS, BUSINESS PROFESSIONALS, ECONOMIC DEVELOPMENT PRACTITIONERS, AND FORMER MILITARY PERSONNEL, IN ADDITION TO MORE THAN 100 HIGHLY QUALIFIED AND INTERNATIONALLY RECOGNIZED MENTORS WORK WITH OUR CLIENTS TO ENSURE THEIR SUCCESS. WORKING TOGETHER, WE HELP THEM MEET PROGRESSIVE AND PLANNED MILESTONES TO ACCELERATE THEIR BUSINESS GROWTH. SINCE OUR INCEPTION IN 2003, THE TAMPA BAY INNOVATION CENTER HAS WORKED WITH HUNDREDS OF TECHNOLOGY CLIENTS AND GRADUATED SEVERAL COMPANIES FROM ITS PROGRAMS. COLLECTIVELY, THE INNOVATION CENTER'S IN-HOUSE CLIENTS EMPLOY 100 WORKERS WITH AN AVERAGE WAGE OF OVER $60,000. THESE CLIENTS HAVE LAUNCHED OVER 70 NEW PRODUCTS, RAISED MILLIONS IN SEED CAPITAL AND GRANTS, AND HOLD MORE THAN 100 PATENTS WITH NUMEROUS MORE PENDING. INNOVATION CENTER RECOGNITION: WINNER - TAMPA BAY TECHNOLOGY FORUM'S EXCELLENCE IN SERVICE AWARD - 2012 FINALIST - TAMPA BAY TECHNOLOGY FORUM'S EXCELLENCE IN SERVICE AWARD - 2012 FEATURED IN KIPLINGER'S "10 GREAT CITIES FOR STARTING A BUSINESS" WINNER - TAMPA BAY TECHNOLOGY FORUM PROFESSIONAL SERVICES COMPANY OF THE YEAR - 2009 FEATURED IN ENTREPRENEUR.COM'S 2009 ROUNDUP OF BUSINESS INCUBATORS FINALIST - TAMPA BAY TECHNOLOGY FORUM PROFESSIONAL SERVICES COMPANY OF THE YEAR - 2008 CLIENT RECOGNITION HONORABLE MENTION - COOL TECH - 2012 (HOMELAND INTELLIGENCE TECHNOLOGIES)HONORABLE MENTION - COOL TECH - 2011 (ALTORR FREEDOM TECHNOLOGIES) GOVERNOR'S DIVERSIFICATION AWARD WINNER - 2008 (ALAKAI) WINNER TAMPA BAY TECH FORUM EMERGING TECHNOLOGY COMPANY - 2010 (ALAKAI) FINALIST TAMPA BAY TECH FORUM EMERGING TECHNOLOGY COMPANY - 2009 (ALAKAI & FIELD FORENSICS) REGIONAL INNOVATION ALLIANCE NETWORK - SUCCESS STORY - 2011 (ALAKAI) PINELLAS COUNTY EMERGING ENTREPRENEUR AWARD - 2009 (ALAKAI)
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IRS990/OfficeExpensesGrp/TotalAmt035157
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010005
IRS990/OtherEmployeeBenefitsGrp/TotalAmt010005
IRS990/OtherLiabilitiesGrp/BOYAmt014096
IRS990/OtherLiabilitiesGrp/EOYAmt02750
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0223231
IRS990/OtherSalariesAndWagesGrp/TotalAmt0223231
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026212
IRS990/PayrollTaxesGrp/TotalAmt026212
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06924
IRS990/PensionPlanContributionsGrp/TotalAmt06924
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018793
IRS990/PrincipalOfficerNm0TONYA R ELMORE
IRS990/PriorPeriodAdjustmentsAmt018607
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0ROOM & EQUIPMENT RENTA
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE FEES
IRS990/ProgramServiceRevenueGrp/Desc2EVENT REGISTRATIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt042908
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt136902
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt042908
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt136902
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25000
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FLORIDA DEFENSE INDUSTRY LEADERSHIP SUMMIT GATHERED TOGETHER MORE THAN 100 LEADERS FROM INDUSTRY, CONGRESS AND THE MILITARY TO DISCUSS OUR NATION'S MOST PRESSING NATIONAL SECURITY CHALLENGES. A COMPACT, EFFICIENT AND HARD-HITTING EVENT, THE SUMMIT HELPED FORGE NEW RELATIONSHIPS, SPARK ONGOING DIALOG, AND HELP FLORIDA TO REMAIN AT THE HEART OF AMERICA'S EFFORT TO DEFEND FREEDOM ACROSS THE GLOBE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt012355
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt05000
IRS990/ProgSrvcAccomActy3Grp/Desc0PROGRAMS AND EVENTS WITH AN ONLINE SOCIAL COMPONENT THROUGH THE EHUB NETWORK - RESULTS -MORE THAN 600 ATTENDEES AT TECH TALK; 175 INNOVATORS/ENTREPRENEURS ASSISTED AT STARTUP XCHANGE AND IDEA CAMP; 300 ATTENDESS + 60 EXHIBITORS AT THE FLORIDA DEFENSE & TECH SHOWCASE
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01574
IRS990/ProgSrvcAccomActyOtherGrp/Desc0INCUBATOR PROGRAM: IN OCTOBER OF 2014, THE INNOVATION CENTER OPENED TEC GARAGE, A TECHNOLOGY AND ENTREPRENEURSHIP CENTER AIMED AT EARLY STAGE STARTUPS IN DOWNTOWN ST. PETERSBURG, FL. SINCE ITS INCEPTION, TEC GARAGE HAS WORKED WITH 30 STARTUPS AND HELPED ATTRACT ONE TECH COMPANY TO A NEW DOWNTOWN LOCATION BY OFFERING PROGRAMS AND MEETUPS OPPORTUNITIES FOR THE COMMUNITY.STARTUP STUDIO: STARTUP STUDIO 1.0 IS A HANDS-ON WORKSHOP FOR FOUNDERS TO DETERMINE THE VIABILITY OF AN IDEA OR INNOVATION WITH GUIDANCE FROM EXPERT COACHES AND FEEDBACK FROM OTHER FOUNDERS.1 MILLION CUPS ST. PETERSBURG / GREEN TECH MEETUP: PROGRAMS PROVIDED AT GRASSROOTS LEVEL - 1 MILLION CUPS HAS GROWN TO NEARLY 80 WEEKLY ATTENDEES AND AMONG THE TOP SUCCESSFUL PROGRAMS AMONG OTHER KAUFMANN 1 MILLION CUPS PROGRAMS NATIONWIDE.SOME OF CLIENT ACCOLADES IN 2015 INCLUDE:* FINALIST OF THE TAMPA BAY TECHNOLOGY FORUM'S EMERGING COMPANY OF THE YEAR (TOONARI CORPORATION AND PIKMYKID)* WINNER OF THE TAMPA BAY TECHNOLOGY FORUM'S EMERGING COMPANY OF THE YEAR (PIKMYKID)* FINALIST FOR BRIGHT HOUSE REGIONAL AWARDS: START UP - (DOCK AND LOCK)* FINALIST USF BEAT PITCH COMPETITION (PADGOROUND AND LIFE ENABLING TECHNOLOGIES)* TOP ONE PERCENT OF THE MOST FUNDABLE PROJECTS IN THE SPARK TANK PITCH (PIKMYKID)* LISTED BY POPULAR MECHANICS MAGAZINE AS ONE OF THE "SIX STARTUPS TO KNOW" FROM ONE SPARK 2015 (PIKMYKID)
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0756
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0719240
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0251
IRS990/PYOtherExpensesAmt0366926
IRS990/PYOtherRevenueAmt0510
IRS990/PYProgramServiceRevenueAmt0193006
IRS990/PYRevenuesLessExpensesAmt089235
IRS990/PYSalariesCompEmpBnftPaidAmt0456846
IRS990/PYTotalExpensesAmt0823772
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0913007
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt098891
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt079810
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0100460
IRS990/SavingsAndTempCashInvstGrp/EOYAmt050622
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME - 2010 AMOUNT: $ 369. 2011 AMOUNT: $ 365. 2012 AMOUNT: $ 91. 2013 AMOUNT: $ 510. 2014 AMOUNT: $ 0.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0785766
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0719240
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0542632
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0500000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0505000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03052638
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt0234671
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt0234671
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt0234671
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt0255925
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt0268268
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt01228206
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0162
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0251
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0209
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0622
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0940452
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0510
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt091
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0365
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0369
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01335
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt04280844
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01020437
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0953911
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0777303
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0755925
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0773268
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04280844
IRS990ScheduleA/TotalSupportAmt04282801
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/DirectContactLegislatorsAmt026500
IRS990ScheduleC/DirectContactLegislatorsInd01
IRS990ScheduleC/GrantsOtherOrganizationsInd00
IRS990ScheduleC/MailingsMembersInd00
IRS990ScheduleC/MediaAdvertisementsInd00
IRS990ScheduleC/NotDescribedSection501c3Ind00
IRS990ScheduleC/OtherActivitiesInd00
IRS990ScheduleC/PaidStaffOrManagementInd00
IRS990ScheduleC/PublicationsOrBroadcastInd00
IRS990ScheduleC/RalliesDemonstrationsInd00
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0LOBBYING EXPENSES WERE PAID TO UPDATE THE TEC GARAGE AND ITS ACTIVITIES AND TO DISCUSS FUTURE PLANS OF GROWTH.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II-B, LINE 1:
IRS990ScheduleC/TotalLobbyingExpendituresAmt026500
IRS990ScheduleC/VolunteersInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt015421
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01436
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt016857
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0209847
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt080710
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0290557
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0225268
IRS990ScheduleD/TotalLiabilityAmt02750
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0140664
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt04503
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt017590
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TONYA ELMORE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0162757
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN OCTOBER OF 2014, THE INNOVATION CENTER OPENED TEC GARAGE, A TECHNOLOGY AND ENTREPRENEURSHIP CENTER AIMED AT EARLY STAGE STARTUPS IN DOWNTOWN ST. PETERSBURG, FL. SINCE ITS INCEPTION, TEC GARAGE HAS WORKED WITH 30 STARTUPS AND HELPED ATTRACT ONE TECH COMPANY TO A NEW DOWNTOWN LOCATION BY OFFERING PROGRAMS AND MEETUPS OPPORTUNITIES FOR THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN ORDER TO FACILITATE THE CORPORATION'S GOVERNANCE, SHOULD THE NUMBER OF DIRECTORS AT ANY TIME EXCEED THREE, THERE SHALL BE AN EXECUTIVE COMMITTEE OF THE BOARD WHICH SHALL EXERCISE ALL POWERS OF THE BOARD OF DIRECTORS BETWEEN MEETINGS OF THE BOARD, SUBJECT TO THE LIMITATIONS OF LAW AND THESE BYLAWS AND ANY OTHER LIMITATIONS THAT MAY BE ESTABLISHED FROM TIME TO TIME BY THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL IN SUCH CASE CONSIST OF THREE DIRECTORS, NAMELY, THE CHAIRPERSON OF THE BOARD (APPOINTED PURSUANT TO SECTION 3.14) AND TWO OTHER DIRECTORS APPOINTED TO SUCH COMMITTEE BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL MEMBERS OF THE BOARD OF DIRECTORS ARE PROVIDED A COPY OF THE FORM 990 BEFORE FILING. THE TREASURER OF THE ORGANIZATION PERFORMS A DETAILED REVIEW OF THE RETURN BEFORE IT IS FINALIZED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND/OR THE MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. EACH DIRECTOR, OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON - 1.) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY 2.) HAS READ AND UNDERSTANDS THE POLICY 3.) HAS AGREED TO COMPLY WITH THE POLICY, AND 4.) UNDERSTANDS THAT THE ORGANIZATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION OF THE PRESIDENT IS BASED ON THE ANNUAL SURVEY OF THE SIMILAR POSITION BY NATIONAL ORGANIZATIONS. BOARD MEMBERS WILL REVIEW THE COMPENSATION AND APPROVE IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd01
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0294968
IRS990/TotalAssetsEOYAmt0507513
IRS990/TotalAssetsGrp/BOYAmt0294968
IRS990/TotalAssetsGrp/EOYAmt0507513
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0785766
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0711825
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt060022
IRS990/TotalFunctionalExpensesGrp/TotalAmt0771847
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt032703
IRS990/TotalLiabilitiesEOYAmt0127750

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$1.12$1.46$0.41$0.89$0.48
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.12$1.20$1.93$1.44$0.79$0.65
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.38$0.11$1.27$1.65$0.56$1.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.02$0.18$0.44$0.47$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.06$0.20$0.54$0.40$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.11$0.07$0.40$0.42$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.01$0.09$0.43$0.39$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.00$0.05$0.43$0.57$0.14
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.00$0.19$0.61$0.72$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.00$0.29$0.61$0.70$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.51$0.13$0.38$0.87$0.77$0.10
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.03$0.26$0.91$0.82$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.15$0.17$0.70
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.17$0.15$0.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.03$0.09$0.65