Synchronicity Performance Group
EIN: 582352047 · Atlanta, GA · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Net Assets | $244K |
Is Synchronicity Performance Group Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Synchronicity Performance Group
Synchronicity Performance Group (EIN: 582352047) is a nonprofit organization based in Atlanta, GA, classified under NTEE code A65. The organization reported total revenue of $1.1M and total assets of $488K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Synchronicity Performance Group's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Synchronicity Performance Group is a mid-size nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-47,350 |
| Total Assets | $781K |
| Total Liabilities | $537K |
| Net Assets | $244K |
| Operating Margin | -4.7% |
| Debt-to-Asset Ratio | 68.7% |
| Months of Reserves | 8.9 months |
Financial Health Grade: C
In 2023, Synchronicity Performance Group reported a deficit of $47K with expenses exceeding revenue, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 68.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Synchronicity Performance Group's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.0% | +9.0% | -19.5% |
| 2022 | +45.3% | +32.6% | +112.3% |
| 2021 | -20.3% | -9.8% | -18.2% |
| 2020 | +2.0% | +0.8% | +57.7% |
| 2019 | +0.2% | +3.8% | -0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Synchronicity Performance Group has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Synchronicity Performance Group with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $47K, with expenses exceeding revenue.
- Debt-to-asset ratio: 68.7%.
Frequently Asked Questions about Synchronicity Performance Group
Is Synchronicity Performance Group a legitimate charity?
Based on AI analysis of IRS 990 filings, Synchronicity Performance Group (EIN: 582352047) insufficient data. 0 red flags identified, 0 strengths noted.
How does Synchronicity Performance Group spend its money?
Detailed spending breakdown data is not yet available for Synchronicity Performance Group. Check back for updated IRS 990 analysis.
Are donations to Synchronicity Performance Group tax-deductible?
Synchronicity Performance Group is registered as a tax-exempt nonprofit (EIN: 582352047). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Synchronicity Performance Group located?
Synchronicity Performance Group is headquartered in Atlanta, Georgia and files with the IRS under EIN 582352047. It is classified under NTEE code A65.
How many years of IRS 990 filings does Synchronicity Performance Group have?
Synchronicity Performance Group 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Synchronicity Performance Group showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Synchronicity Performance Group's revenue has grown by 160.1%, moving from $388K to $1.0M. Total assets increased by 1644.4% over the same period, from $45K to $781K. Total functional expenses rose by 171.6%, from $389K to $1.1M. In its most recent filing year (2023), Synchronicity Performance Group reported a deficit of $47K, with expenses exceeding revenue. The organization holds $537K in liabilities against $781K in assets (debt-to-asset ratio: 68.7%), resulting in net assets of $244K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.1M | $781K | $537K | — | — |
| 2022 | $979K | $968K | $971K | $679K | — | View 990 |
| 2021 | $674K | $730K | $457K | $176K | — | View 990 |
| 2020 | $845K | $810K | $559K | $222K | — | View 990 |
| 2019 | $829K | $803K | $355K | $52K | — | View 990 |
| 2018 | $827K | $774K | $356K | $80K | — | View 990 |
| 2017 | $764K | $696K | $245K | $37K | — | View 990 |
| 2016 | $622K | $666K | $162K | $22K | — | View 990 |
| 2015 | $657K | $503K | $211K | $26K | — | View 990 |
| 2014 | $458K | $444K | $80K | $50K | — | View 990 |
| 2013 | $403K | $329K | $61K | $74K | — | View 990 |
| 2012 | $401K | $443K | $15K | $102K | — | View 990 |
| 2011 | $388K | $389K | $45K | $90K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.1M, and assets of $781K (revenue +3.0% year-over-year).
- 2022: Revenue of $979K, expenses of $968K, and assets of $971K (revenue +45.3% year-over-year).
- 2021: Revenue of $674K, expenses of $730K, and assets of $457K (revenue -20.3% year-over-year).
- 2020: Revenue of $845K, expenses of $810K, and assets of $559K (revenue +2.0% year-over-year).
- 2019: Revenue of $829K, expenses of $803K, and assets of $355K (revenue +0.2% year-over-year).
- 2018: Revenue of $827K, expenses of $774K, and assets of $356K (revenue +8.2% year-over-year).
- 2017: Revenue of $764K, expenses of $696K, and assets of $245K (revenue +22.9% year-over-year).
- 2016: Revenue of $622K, expenses of $666K, and assets of $162K (revenue -5.4% year-over-year).
- 2015: Revenue of $657K, expenses of $503K, and assets of $211K (revenue +43.4% year-over-year).
- 2014: Revenue of $458K, expenses of $444K, and assets of $80K (revenue +13.8% year-over-year).
- 2013: Revenue of $403K, expenses of $329K, and assets of $61K (revenue +0.4% year-over-year).
- 2012: Revenue of $401K, expenses of $443K, and assets of $15K (revenue +3.5% year-over-year).
- 2011: Revenue of $388K, expenses of $389K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Synchronicity Performance Group:
Data Sources and Methodology
This transparency report for Synchronicity Performance Group 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.