Sinergia Inc
Sinergia Inc. consistently operates with deficits but maintains a strong asset base and reports no officer compensation.
EIN: 133183344 · New York, NY · NTEE: P820 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.0M |
| Total Expenses | $14.0M |
| Program Spending | 85% |
| Net Assets | $1.4M |
| Transparency Score | 88/100 |
Is Sinergia Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sinergia Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sinergia Inc
Sinergia Inc (EIN: 133183344) is a nonprofit organization based in New York, NY, classified under NTEE code P820. The organization reported total revenue of $12.0M and total assets of $13.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sinergia Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sinergia Inc is a large nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.5M |
| Total Expenses | $14.0M |
| Surplus / Deficit | $-1,463,610 |
| Total Assets | $7.0M |
| Total Liabilities | $5.6M |
| Net Assets | $1.4M |
| Operating Margin | -11.7% |
| Debt-to-Asset Ratio | 79.4% |
| Months of Reserves | 6.0 months |
Financial Health Grade: C
In 2023, Sinergia Inc reported a deficit of $1.5M with expenses exceeding revenue, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 79.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sinergia Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.9% | -0.2% | +3.2% |
| 2022 | +4.3% | +16.6% | -9.6% |
| 2021 | +6.1% | -3.9% | +45.5% |
| 2020 | -5.8% | -1.9% | +26.4% |
| 2019 | +5.2% | +1.2% | -11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sinergia Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Sinergia Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 79.4%.
Executive Compensation Analysis
Sinergia Inc. consistently reports 0% officer compensation across all available filings, indicating a strong commitment to directing financial resources entirely towards its programmatic activities and operational needs rather than executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Sinergia Inc's IRS 990 filings:
- Recurring operational deficits (e.g., $1.46 million in 2023, $710k in 2022) indicate expenses frequently exceed revenue.
- Significant fluctuations in assets, with a notable drop from $13.2 million (latest reported) to $7.01 million in 2023, warrant further investigation into asset management.
Strengths
The following positive indicators were identified for Sinergia Inc:
- Consistent reporting of 0% officer compensation demonstrates strong financial transparency and dedication to mission.
- Maintains a substantial asset base (e.g., $7.01 million in 2023) providing financial stability despite operational deficits.
- High program spending ratio (estimated 85%) indicates a strong focus on direct mission-related activities.
Frequently Asked Questions about Sinergia Inc
Is Sinergia Inc a legitimate charity?
Sinergia Inc (EIN: 133183344) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $12.0M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Sinergia Inc spend its money?
Sinergia Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Sinergia Inc tax-deductible?
Sinergia Inc is registered as a tax-exempt nonprofit (EIN: 133183344). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sinergia Inc's spending goes to programs?
Sinergia Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sinergia Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Sinergia Inc is above average for NTEE category P820 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sinergia Inc located?
Sinergia Inc is headquartered in New York, New York and files with the IRS under EIN 133183344. It is classified under NTEE code P820.
How many years of IRS 990 filings does Sinergia Inc have?
Sinergia Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $12.0M in total revenue.
Is Sinergia Inc. financially sustainable given its recurring deficits?
While Sinergia Inc. has reported expenses exceeding revenue in several recent periods (e.g., $1.46 million deficit in 2023), its growing asset base (from $4.08 million in 2019 to $7.01 million in 2023) suggests it has other funding sources or reserves to cover these shortfalls, but long-term sustainability requires careful monitoring of these trends.
What is the primary source of Sinergia Inc.'s funding?
The provided data indicates consistent high revenue figures, but without detailed breakdowns of revenue sources (e.g., grants, contributions, program service revenue), it's not possible to pinpoint the primary source. Further investigation into their Form 990, Part VIII, Statement of Revenue, would be necessary.
How does Sinergia Inc. manage its liabilities?
Sinergia Inc.'s liabilities have generally increased in line with its assets, from $2.94 million in 2019 to $5.57 million in 2023. The organization's asset-to-liability ratio (e.g., $7.01 million assets vs. $5.57 million liabilities in 2023) suggests it maintains a reasonable financial position to cover its obligations.
Filing History
IRS 990 filing history for Sinergia Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sinergia Inc's revenue has grown by 77.1%, moving from $7.1M to $12.5M. Total assets increased by 115.6% over the same period, from $3.3M to $7.0M. Total functional expenses rose by 84.5%, from $7.6M to $14.0M. In its most recent filing year (2023), Sinergia Inc reported a deficit of $1.5M, with expenses exceeding revenue. The organization holds $5.6M in liabilities against $7.0M in assets (debt-to-asset ratio: 79.4%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.5M | $14.0M | $7.0M | $5.6M | — | — |
| 2022 | $13.3M | $14.0M | $6.8M | $6.1M | — | View 990 |
| 2021 | $12.8M | $12.0M | $7.5M | $6.1M | — | View 990 |
| 2020 | $12.0M | $12.5M | $5.2M | $4.5M | — | View 990 |
| 2019 | $12.8M | $12.8M | $4.1M | $2.9M | — | View 990 |
| 2018 | $12.1M | $12.6M | $4.6M | $3.5M | — | View 990 |
| 2017 | $11.3M | $11.4M | $3.3M | $1.7M | — | View 990 |
| 2016 | $9.8M | $10.4M | $3.2M | $1.5M | — | View 990 |
| 2015 | $9.2M | $9.4M | $3.9M | $1.6M | — | View 990 |
| 2014 | $9.0M | $8.6M | $4.0M | $1.4M | — | View 990 |
| 2013 | $8.3M | $8.3M | $3.4M | $1.2M | — | View 990 |
| 2012 | $7.7M | $7.9M | $3.3M | $1.1M | — | View 990 |
| 2011 | $7.1M | $7.6M | $3.3M | $773K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.5M, expenses of $14.0M, and assets of $7.0M (revenue -5.9% year-over-year).
- 2022: Revenue of $13.3M, expenses of $14.0M, and assets of $6.8M (revenue +4.3% year-over-year).
- 2021: Revenue of $12.8M, expenses of $12.0M, and assets of $7.5M (revenue +6.1% year-over-year).
- 2020: Revenue of $12.0M, expenses of $12.5M, and assets of $5.2M (revenue -5.8% year-over-year).
- 2019: Revenue of $12.8M, expenses of $12.8M, and assets of $4.1M (revenue +5.2% year-over-year).
- 2018: Revenue of $12.1M, expenses of $12.6M, and assets of $4.6M (revenue +7.8% year-over-year).
- 2017: Revenue of $11.3M, expenses of $11.4M, and assets of $3.3M (revenue +14.9% year-over-year).
- 2016: Revenue of $9.8M, expenses of $10.4M, and assets of $3.2M (revenue +6.9% year-over-year).
- 2015: Revenue of $9.2M, expenses of $9.4M, and assets of $3.9M (revenue +2.5% year-over-year).
- 2014: Revenue of $9.0M, expenses of $8.6M, and assets of $4.0M (revenue +7.6% year-over-year).
- 2013: Revenue of $8.3M, expenses of $8.3M, and assets of $3.4M (revenue +8.7% year-over-year).
- 2012: Revenue of $7.7M, expenses of $7.9M, and assets of $3.3M (revenue +8.1% year-over-year).
- 2011: Revenue of $7.1M, expenses of $7.6M, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sinergia Inc:
Data Sources and Methodology
This transparency report for Sinergia Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.