St Petersburg Innovation District Inc

EIN: 812230884 Community Improvement

St Petersburg, FL

Total Revenue
$1,204,940
Total Expenses
$977,532
Total Assets
$476,823
Net Assets
$462,575
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
FL
Principal Officer
Alison Barlow
Phone
7272314643
Tax Period
2024-01-01 to 2024-12-31

St Petersburg Innovation District Inc, founded in 2016, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $227K, a strong 19% operating margin.

Mission

The mission of the St. Petersburg Innovation District is to develop St.Petersburg into an environment that fosters job growth, economic development, learning and inspiration by bringing innovative people and organizations together. Our vision is to harness the potential of people, institutions and businesses in the St. Petersburg Innovation District to generate collaborative solutions that will benefit the world

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $358,776
Program Service Revenue $846,164
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,204,940

Expense Breakdown

Grants Paid $0
Salaries & Benefits $278,273
Fundraising Expenses $0
Other Expenses $699,259
TOTAL EXPENSES $977,532

Year-over-Year Comparison

2024 2023 Change
Revenue $1,204,940 $1,055,766 +0.1%
Expenses $977,532 $1,082,501 -0.1%
Net Income $227,408 $-26,735 -9.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
4
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$161,152
Total Directors
12
$161,152
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alison Barlow Executive Director 40.00
Officer Director
$153,607 $7,545 $161,152
Christian Hardigee President 0.00
Officer Director
$0 $0 $0
Julie Rocco Secretary/Treasurer 0.00
Officer Director
$0 $0 $0
Jeff Baker Vice President 0.00
Director
$0 $0 $0
Tom Frazer Board Member 0.00
Director
$0 $0 $0
Sarah Gilbert Board Member 0.00
Director
$0 $0 $0
Rob Kapusta Board Member 0.00
Director
$0 $0 $0
Jackie Skryd Board Member 0.00
Director
$0 $0 $0
Jenine Rabin Board Member 0.00
Director
$0 $0 $0
Jason Mathis Alternate Board Memb 0.00
Director
$0 $0 $0
James Corbett Ex-Officio 0.00
Director
$0 $0 $0
Brian Caper Alt.Ex-Officio 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,204,940 $977,532 $476,823 $227,408
2023 $1,055,766 $1,082,501 $449,413 $-26,735
2022 $988,138 $858,017 $476,151 $130,121
2021 $294,550 $276,393 $131,782 $18,157
2020 $220,150 $200,171 $113,625 $19,979
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