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Florida · Nonprofit

St Petersburg Innovation District Inc

St Petersburg Innovation District Inc (Florida) receives grants from 3 organizations whose IRS filings report $93,500 to it, the largest being Foundation for a Healthy St Petersburg Inc (f/k/a Bayfront HERO Inc) ($48,500). 2 of them have funded it in more than one year.

$1.2M
Revenue FY2024
3
Funders on record
$94k
Grants received
$463k
Net assets
2/3 repeat funderspeak grant-dependency 16%

Against its field

St Petersburg Innovation District Inc has grown faster than three-quarters of the 4,197 community improvement nonprofits its size.

Operating margin19% · above the median
Months of reserve3.3mo · below the median
Revenue growth (annualized)53% · top quartile

this organization peer median middle 50% of peers· 4,197 community improvement nonprofits $1M–$10M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($220k) Expenses 100 ($200k) Net assets 100 ($114k)2021 Revenue 134 ($295k) Expenses 138 ($276k) Net assets 116 ($132k)2022 Revenue 449 ($988k) Expenses 429 ($858k) Net assets 230 ($262k)2023 Revenue 480 ($1.1M) Expenses 541 ($1.1M) Net assets 207 ($235k)2024 Revenue 547 ($1.2M) Expenses 488 ($978k) Net assets 407 ($463k)
20202021202220232024
Revenue (547)Expenses (488)Net assets (407)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 19% · 2021 11% · 2022 11% · 2023 5% · 2024 8%. Grants only. Government contracts and fees sit inside program revenue.

30% of St Petersburg Innovation District Inc’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).

This organization
Typical peer · 4,406 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.

$20k
20
$18k
21
$130k
22
$27k
23
$227k
24
3.3
months of
reserve
02Who funds it

Who funds it, year by year

2019 → 2022: the base narrowed from 2 funders to 1 funder, grant income fell $26k → $3k.

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF)27% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of St Petersburg Innovation District Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

St Petersburg Innovation District Inc leans on a few funders — its largest provides 52% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

48% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund St Petersburg Innovation District Inc.

52%
largest funder
100%
top three
~3
effective funders

Largest funder’s share by year: 2019 78% · 2020 83% · 2021 79% · 2022 100%growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

71% of St Petersburg Innovation District Inc's grant income comes from Florida funders.

DC
FL

In-state vs out-of-state, by year

19
20
21
22
Florida out of state home

Funder states come from each funder’s own filing. $25k arriving through sponsors registered in 1 stateis excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 3 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government funding St Petersburg Innovation District Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $95k on record.

Federal$95k
grants $95kcontracts $0
Top agencies
  • Department of Commerce$95k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like St Petersburg Innovation District Inc

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

8
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for St Petersburg Innovation District Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds St Petersburg Innovation District Inc?
St Petersburg Innovation District Inc (Florida) receives grants from 3 organizations whose IRS filings report $93,500 to it, the largest being Foundation for a Healthy St Petersburg Inc (f/k/a Bayfront HERO Inc) ($48,500). 2 of them have funded it in more than one year.
How many funders does St Petersburg Innovation District Inc have?
IRS filings report 3 organizations giving $93,500 in grants to St Petersburg Innovation District Inc, 2 of which have funded it in more than one year.
Who is the largest funder of St Petersburg Innovation District Inc?
Foundation for a Healthy St Petersburg Inc (f/k/a Bayfront HERO Inc) is the largest funder on record, with $48,500 in grants. The full list of funders is on this page.
How can an organization like St Petersburg Innovation District Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 3funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing