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Florida · Nonprofit

TAMPA BAY INNOVATION HUB INC

TAMPA BAY INNOVATION HUB INC (Florida) receives grants from 7 organizations whose IRS filings report $1,531,514 to it, the largest being VINIK FAMILY FOUNDATION ($663,903). 5 of them have funded it in more than one year.

Revenue FY2025
$3.1M
Funders on record
7
Grants received
$1.5M
Net assets
$2.9M
5/7 repeat funderspeak grant-dependency 20%
01What it does

What Tampa Bay Innovation Hub Inc does

Mission

Tampa bay innovation hub, dba embarc collective tampa bay, helps tampa bay's startup talent build bold, scalable, thriving companies.

As stated on its FY2025 Form 990.

Programs

  1. Programming & coaching: membership-directed education, training, and coaching.

    $728,866 spent
    23% of program spending
  2. Space: providing shared office space and other services and support to entrepreneurs and startups (facilities, equipment, rent, utilities, supplies).

    $646,564 spent$631,398 earned by the program
    20% of program spending
  3. Events & community development: community development events, including education and training for entrepreneurs and employees of startup companies in the tampa bay region and unemployed or underemployed individuals in the tampa bay region. Including initiatives with/for government and college & universities and corporate partnerships.

    $627,207 spent$86,770 earned by the program
    20% of program spending
  4. Conducting activities to attract promising job-creating startups to the tampa bay area, possibly including awarding grants to startups willing to relocate; conducting research on successful startups; community development events, including education and training for entrepreneurs and employees of startup companies in the tampa bay region and unemployed/underemployed individuals in the tampa bay region. This includes initiatives with/for government, colleges and universities, and corporate partnerships.

    $1,203,980 spent$11,218 earned by the program
    38% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $3,206,617.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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 = 20182018 Revenue 100 ($1.0M) Expenses 100 ($720k) Net assets 100 ($280k)2019 Revenue 604 ($6.0M) Expenses 190 ($1.4M) Net assets 1757 ($4.9M)2020 Revenue 457 ($4.6M) Expenses 385 ($2.8M) Net assets 2397 ($6.7M)2021 Revenue 145 ($1.4M) Expenses 481 ($3.5M) Net assets 1678 ($4.7M)2022 Revenue 428 ($4.3M) Expenses 520 ($3.7M) Net assets 1870 ($5.2M)2023 Revenue 279 ($2.8M) Expenses 505 ($3.6M) Net assets 1567 ($4.4M)2024 Revenue 284 ($2.8M) Expenses 487 ($3.5M) Net assets 1330 ($3.7M)2025 Revenue 310 ($3.1M) Expenses 545 ($3.9M) Net assets 1036 ($2.9M)
'18'19'20'21'22'23'24'25
Revenue (310)Expenses (545)Net assets (1036)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $375k to $17M (+4496%).

$375k
$17M
$15M
$12M
$20M
$18M
$17M
$17M
'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 0% · 2022 20% · 2023 43%. Grants only. Government contracts and fees sit inside program revenue.

76% of TAMPA BAY INNOVATION HUB INC’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,360 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$280k
’18
$4.7M
’19
$1.8M
’20
−$2.0M
’21
$537k
’22
−$848k
’23
−$664k
’24
−$823k
’25
2.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Tim Holcomb

CEO

Board chair

Brian Murphy

Board chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2024 and FY2025 filings.

'18'19'20'21'22'23'24'25
Listed67121315161317
Joined·+1+5+1+3+3+1+7
No longer listed·0001243
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $25k → $275k.

2 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% 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 TAMPA BAY INNOVATION HUB 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

TAMPA BAY INNOVATION HUB INC leans on a few funders — its largest provides 43% of grant income and the top three 89%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

46% 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 TAMPA BAY INNOVATION HUB INC.

43%
largest funder
89%
top three
~3
effective funders

Largest funder’s share by year: 2019 100% · 2020 84% · 2021 35% · 2022 27% · 2023 36% — diversifying over time.

“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

100% of TAMPA BAY INNOVATION HUB INC's grant income comes from Florida funders.

FL

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

’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $225k arriving through sponsors registered in 2 states is 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.

04Its place in the field

Against its field

TAMPA BAY INNOVATION HUB INC has grown faster than three-quarters of the 9,615 education nonprofits its size.

Operating margin−27% · bottom quartile
Months of reserve2.3mo · below the median
Revenue growth (annualized)18% · top quartile

this organization peer median middle 50% of peers· 9,615 education nonprofits $1M–$10M, FY2025

Government funding TAMPA BAY INNOVATION HUB INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.1M on record.

State$2.1M
23
24
Top programs
  • STATE FINANCIAL ASSISTANCE - GENERAL $2.1M

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 TAMPA BAY INNOVATION HUB INC

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

In Florida

Nationally

05Profile & governance

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

Where the money goes

82% of spending goes to programs.

Program 82%Management 10%Fundraising 8%

Governance

16
board members
94%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

77%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

FL

Part of a family of 1 related entity

  • Vinik Family Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for TAMPA BAY INNOVATION HUB 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.

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

Questions and answers

Who funds TAMPA BAY INNOVATION HUB INC?
TAMPA BAY INNOVATION HUB INC (Florida) receives grants from 7 organizations whose IRS filings report $1,531,514 to it, the largest being VINIK FAMILY FOUNDATION ($663,903). 5 of them have funded it in more than one year.
How many funders does TAMPA BAY INNOVATION HUB INC have?
IRS filings report 7 organizations giving $1,531,514 in grants to TAMPA BAY INNOVATION HUB INC, 5 of which have funded it in more than one year.
Who is the largest funder of TAMPA BAY INNOVATION HUB INC?
VINIK FAMILY FOUNDATION is the largest funder on record, with $663,903 in grants. The full list of funders is on this page.
How can an organization like TAMPA BAY INNOVATION HUB 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.

Play a game about who funds Tampa Bay Innovation Hub →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 7 funders 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 October 22, 2026. What this page cannot tell you · view filing