Synergistic Inc
EIN: 521813478 · Clinton, MD
| Metric | Value |
|---|---|
| Total Revenue | $120K |
| Total Expenses | $106K |
| Net Assets | $-56,852 |
Is Synergistic Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Synergistic Inc
Synergistic Inc (EIN: 521813478) is a nonprofit organization based in Clinton, MD. The organization reported total revenue of $120K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Synergistic Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Synergistic Inc is a small nonprofit that has been operating for 33 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -12.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $119K |
| Total Expenses | $106K |
| Surplus / Deficit | +$13K |
| Total Assets | $5K |
| Total Liabilities | $62K |
| Net Assets | $-56,852 |
| Operating Margin | 10.6% |
| Debt-to-Asset Ratio | 1267.2% |
| Months of Reserves | 0.5 months |
Financial Health Grade: B
In 2023, Synergistic Inc reported a surplus of $13K with revenue exceeding expenses, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 1267.2% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Synergistic Inc's revenue has declined at a compound annual growth rate (CAGR) of -12.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.2% | +0.9% | -3.4% |
| 2022 | +16.5% | -6.1% | +56.5% |
| 2021 | -3.3% | -6.3% | +99.0% |
| 2020 | +5.7% | -19.1% | +94.0% |
| 2019 | +17.6% | -7.5% | -92.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Synergistic Inc 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 Synergistic Inc 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 surplus of $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1267.2%.
Frequently Asked Questions about Synergistic Inc
Is Synergistic Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Synergistic Inc (EIN: 521813478) insufficient data. 0 red flags identified, 0 strengths noted.
How does Synergistic Inc spend its money?
Detailed spending breakdown data is not yet available for Synergistic Inc. Check back for updated IRS 990 analysis.
Are donations to Synergistic Inc tax-deductible?
Synergistic Inc is registered as a tax-exempt nonprofit (EIN: 521813478). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Synergistic Inc located?
Synergistic Inc is headquartered in Clinton, Maryland and files with the IRS under EIN 521813478.
How many years of IRS 990 filings does Synergistic Inc have?
Synergistic Inc has 14 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 $120K in total revenue.
Filing History
IRS 990 filing history for Synergistic Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Synergistic Inc's revenue has declined by 82.4%, moving from $675K to $119K. Total assets decreased by 56% over the same period, from $11K to $5K. Total functional expenses fell by 85.8%, from $748K to $106K. In its most recent filing year (2023), Synergistic Inc reported a surplus of $13K, with revenue exceeding expenses. The organization holds $62K in liabilities against $5K in assets (debt-to-asset ratio: 1267.2%), resulting in net assets of $-56,852.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $119K | $106K | $5K | $62K | — | View 990 |
| 2022 | $159K | $105K | $5K | $75K | — | View 990 |
| 2021 | $137K | $112K | $3K | $126K | — | View 990 |
| 2020 | $141K | $120K | $2K | $149K | — | — |
| 2019 | $133K | $148K | $835 | $170K | — | View 990 |
| 2018 | $114K | $160K | $11K | $166K | — | View 990 |
| 2017 | $269K | $253K | $1K | $128K | — | View 990 |
| 2016 | $438K | $486K | $1K | $144K | — | View 990 |
| 2015 | $477K | $527K | $7K | $101K | — | View 990 |
| 2014 | $535K | $533K | $71K | $128K | — | View 990 |
| 2013 | $97K | $144K | $1K | $59K | — | View 990 |
| 2012 | $574K | $613K | $10K | $20K | — | View 990 |
| 2011 | $562K | $551K | $32K | $3K | — | View 990 |
| 2010 | $675K | $748K | $11K | $-60,789 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $119K, expenses of $106K, and assets of $5K (revenue -25.2% year-over-year).
- 2022: Revenue of $159K, expenses of $105K, and assets of $5K (revenue +16.5% year-over-year).
- 2021: Revenue of $137K, expenses of $112K, and assets of $3K (revenue -3.3% year-over-year).
- 2020: Revenue of $141K, expenses of $120K, and assets of $2K (revenue +5.7% year-over-year).
- 2019: Revenue of $133K, expenses of $148K, and assets of $835 (revenue +17.6% year-over-year).
- 2018: Revenue of $114K, expenses of $160K, and assets of $11K (revenue -57.8% year-over-year).
- 2017: Revenue of $269K, expenses of $253K, and assets of $1K (revenue -38.5% year-over-year).
- 2016: Revenue of $438K, expenses of $486K, and assets of $1K (revenue -8.3% year-over-year).
- 2015: Revenue of $477K, expenses of $527K, and assets of $7K (revenue -10.8% year-over-year).
- 2014: Revenue of $535K, expenses of $533K, and assets of $71K (revenue +454.3% year-over-year).
- 2013: Revenue of $97K, expenses of $144K, and assets of $1K (revenue -83.2% year-over-year).
- 2012: Revenue of $574K, expenses of $613K, and assets of $10K (revenue +2.0% year-over-year).
- 2011: Revenue of $562K, expenses of $551K, and assets of $32K (revenue -16.7% year-over-year).
- 2010: Revenue of $675K, expenses of $748K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Synergistic Inc:
Data Sources and Methodology
This transparency report for Synergistic 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.