Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Florida Next Foundation Inc
EIN 80-0729815 • 501(c)3 • Tampa, FL
Profile
Florida next foundation works to empower young people, entrepreneurs and small businesses so they can drive the innovation needed to enhance florida's economy and quality of life.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
2.99x
Liabilities / Revenue
92nd percentile
Higher debt load relative to revenue than 92% of similar nonprofits.
Net Margin
11th percentile
Higher net margin than 11% of similar nonprofits.
Top Officer Pay
55th percentile
Higher top officer pay than 55% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
66th percentile
Faster asset growth than 66% of similar nonprofits.
Revenue Growth
11th percentile
Faster revenue growth than 11% of similar nonprofits.
Balance Sheet
Assets
Up$166,591
Up $16,512 (+11%) from 2024
Liabilities
Up$498,575
Up $282,875 (+131%) from 2024
Net Assets
Down-$331,984
Down $266,363 (-406%) from 2024
Revenue
Down$526,369
Down $276,970 (-34%) from 2024
Expenses
Down$698,558
Down $177,501 (-20%) from 2024
Net Income
Down-$172,189
Down $99,469 (-137%) from 2024
Trend Graphs
Filings
Most recent year
2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $166,591
- Liabilities
- $498,575
- Net assets
- -$331,984
- Revenue
- $526,369
- Expenses
- $698,558
- Net income
- -$172,189
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- May 1, 2024 to Apr 30, 2025
- Signed
- Nov 18, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $526,369
Mission and Program Overview
Mission
Synapse connects entrepreneurs, talent, investors, corporations, education institutions, and other stakeholders to accelerate success in florida's thriving economies.
Synapse Florida is the permier hub for innovation, collaboration, and commumity across the state. We bring together entrepreneurs, leaders, and creators who are shaping the future of Florida's thriving innovation ecosystem.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Loans From Officers Directors | $139,644 | $158,779 | ▲ $19,135 |
| Cash and Non-Interest-Bearing Accounts | $131,352 | $136,591 | ▲ $5,239 |
| Accounts Receivable | $18,593 | $30,000 | ▲ $11,407 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | - | - |
| Rtn Earn Endowment Incm Other Fnds | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $149,945 | $166,591 | ▲ $16,646 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $28,727 | $339,796 | ▲ $311,069 |
| Other Liabilities | $30,014 | - | - |
| Deferred Revenue | $17,315 | - | - |
| Total Liabilities | $215,700 | $498,575 | ▲ $282,875 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-65,755 | $-331,984 | ▼ $266,229 |
| Total Net Assets Fund Balance | $-65,755 | $-331,984 | ▼ $266,229 |
| Total Liabilities and Net Assets / Fund Balance | $149,945 | $166,591 | ▲ $16,646 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Andy Hafer | Chair |
| Lauren Prager | Vice Chair |
| Allen Clary | Director |
| Danielle Mousseau | Director |
| JP DuBuque | Director |
| Marc Blumenthal | Director |
| Paul Sohl | Director |
| Rachel Feinman | Director |
| Ned Pope | Secretary |
| Brian Kornfeld | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $519,745
- Investment Income
- $0
- Other Revenue
- $6,624
- Change in Net Assets
- $-172,189
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $631,718 |
| Professional Fundraising Fees | $66,840 |
| Total Fundraising Expense | $66,840 |
| Grants and Similar Amounts Paid | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Professional Fundraising | - | - | $66,840 | $66,840 |
| Interest | - | $44,386 | - | $44,386 |
| Other Expenses | $41,797 | - | - | $41,797 |
| Advertising | $7,500 | $7,500 | - | $15,000 |
| Fees for Services Legal | - | $9,582 | - | $9,582 |
| Fees for Services Accounting | - | $4,520 | - | $4,520 |
| Information Technology | - | $2,974 | - | $2,974 |
| Office Expenses | - | $2,247 | - | $2,247 |
| Insurance | - | $931 | - | $931 |
| Total Functional Expenses | $559,578 | $72,140 | $66,840 | $698,558 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- Yes
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $66,840 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $139,644 | $158,779 | ▲ $19,135 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- 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
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Part VI, Line 11B
“Form 990, part vi, section b, line 11b: the organization worked with a local cpa firm to assist with preparation of forms 990. A draft copy is provided to the board for review prior to filing. Form 990, part vi, section b, line 12c: during the fourth quarter board meeting, the conflict of interest policy is reviewed to ensure compliance with the policy. Form 990, part vi, section c, line 19: the organizations documents and financial statements can be made available upon request.”
Part VI, Line 12C
“Form 990, part vi, section b, line 11b: the organization worked with a local cpa firm to assist with preparation of forms 990. A draft copy is provided to the board for review prior to filing. Form 990, part vi, section b, line 12c: during the fourth quarter board meeting, the conflict of interest policy is reviewed to ensure compliance with the policy. Form 990, part vi, section c, line 19: the organizations documents and financial statements can be made available upon request.”
Part VI, Line 19
“Form 990, part vi, section b, line 11b: the organization worked with a local cpa firm to assist with preparation of forms 990. A draft copy is provided to the board for review prior to filing. Form 990, part vi, section b, line 12c: during the fourth quarter board meeting, the conflict of interest policy is reviewed to ensure compliance with the policy. Form 990, part vi, section c, line 19: the organizations documents and financial statements can be made available upon request.”
Filing and Contact Details
Filer
- Filer Name
- Florida Next Foundation Inc
- EIN
- 80-0729815
- Phone
- 2015721581
- Address
- 5415 West Sligh Ave Ste 102, TAMPA, FL 33607
- Doing Business As
- Synapse Florida
Signing Officer
- Name
- Brian Kornfeld
- Title
- Treasurer
- Phone
- 2015721581
- Signed
- 2025-11-18
- Discuss with paid preparer
- No
Organization Details
- Formed
- 2011
- Legal Domicile
- Fl
- Voting Board Members
- 10
- Independent Board Members
- 10
- Employees
- 0
Preparer
- Firm
- Na
- Address
- 5415 West Sligh Ave, 102, tampa, FL 33634
- Preparer
- Genevieve Dwyer
- Phone
- 2015721581
Supplemental Narrative
Additional Explanations
Part V, Line 3B
“Form 990, part vi, section b, line 11b: the organization worked with a local cpa firm to assist with the preparation of 990. A draft copy is provided to the board for review prior to filing. Form 990, part vi, section b, line 12c: during the fourth quarter board meeting, the conflict of interest policy is reviewed to ensure compliance with the policy. Form 990, part vi, section c, line 19: the organizations documents and financial statements can be made available upon request.”
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FORM 990, PART VI, SECTION B, LINE 11B: THE ORGANIZATION WORKED WITH A LOCAL CPA FIRM TO ASSIST WITH PREPARATION OF FORMS 990. A DRAFT COPY IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C: DURING THE FOURTH QUARTER BOARD MEETING, THE CONFLICT OF INTEREST POLICY IS REVIEWED TO ENSURE COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATIONS DOCUMENTS AND FINANCIAL STATEMENTS CAN BE MADE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FORM 990, PART VI, SECTION B, LINE 11B: THE ORGANIZATION WORKED WITH A LOCAL CPA FIRM TO ASSIST WITH PREPARATION OF FORMS 990. A DRAFT COPY IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C: DURING THE FOURTH QUARTER BOARD MEETING, THE CONFLICT OF INTEREST POLICY IS REVIEWED TO ENSURE COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATIONS DOCUMENTS AND FINANCIAL STATEMENTS CAN BE MADE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FORM 990, PART VI, SECTION B, LINE 11B: THE ORGANIZATION WORKED WITH A LOCAL CPA FIRM TO ASSIST WITH PREPARATION OF FORMS 990. A DRAFT COPY IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C: DURING THE FOURTH QUARTER BOARD MEETING, THE CONFLICT OF INTEREST POLICY IS REVIEWED TO ENSURE COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATIONS DOCUMENTS AND FINANCIAL STATEMENTS CAN BE MADE AVAILABLE UPON REQUEST. |
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| IRS990/UponRequestInd | 0 | X |
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| ReasonableCauseExplanation/ExplanationTxt | 0 | extension has been filed |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | TAMPA |
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| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 33607 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | NA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5415 West Sligh Ave |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt | 0 | 102 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | tampa |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 33634 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2015721581 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Genevieve Dwyer |
| ReturnHeader/ReturnTs | 0 | 2025-11-18T19:32:24Z |
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