Synergy Health Center
Synergy Health Center shows strong asset growth and no officer compensation, but reported a deficit in 2023.
EIN: 200034091 · Kalamazoo, MI · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $645K |
| Total Expenses | $954K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $800,000 |
| Net Assets | $592K |
| Transparency Score | 85/100 |
Is Synergy Health Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Synergy Health Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Synergy Health Center
Synergy Health Center (EIN: 200034091) is a nonprofit organization based in Kalamazoo, MI, classified under NTEE code P20. The organization reported total revenue of $645K and total assets of $452K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Synergy Health Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Synergy Health Center is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $838K |
| Total Expenses | $954K |
| Surplus / Deficit | $-115,347 |
| Total Assets | $696K |
| Total Liabilities | $104K |
| Net Assets | $592K |
| Operating Margin | -13.8% |
| Debt-to-Asset Ratio | 15.0% |
| Months of Reserves | 8.8 months |
Financial Health Grade: B
In 2023, Synergy Health Center reported a deficit of $115K with expenses exceeding revenue, holds 8.8 months of operating reserves (strong position), has a debt-to-asset ratio of 15.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Synergy Health Center's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.8% | +8.1% | -15.4% |
| 2022 | -5.7% | +46.2% | -2.1% |
| 2021 | +60.9% | +50.3% | +41.9% |
| 2020 | +27.2% | +60.3% | +20.7% |
| 2019 | +47.4% | -32.6% | +58.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Synergy Health Center with a Mission Score of 85 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, Synergy Health Center 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 $115K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.0%.
Executive Compensation Analysis
Synergy Health Center consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with revenues reaching over $800,000 annually.
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 Synergy Health Center's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($953,741 vs. $838,394), resulting in a deficit for the year.
Strengths
The following positive indicators were identified for Synergy Health Center:
- Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship.
- Significant growth in revenue and assets over the past decade, demonstrating expanding capacity and reach.
- Consistent filing of IRS Form 990s for 13 periods, indicating a commitment to transparency and compliance.
- Healthy asset base of $696,126 in 2023, providing financial stability.
Frequently Asked Questions about Synergy Health Center
Is Synergy Health Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Synergy Health Center (EIN: 200034091) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Synergy Health Center spend its money?
Synergy Health Center directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Synergy Health Center tax-deductible?
Synergy Health Center is registered as a tax-exempt nonprofit (EIN: 200034091). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Synergy Health Center CEO make?
Synergy Health Center's highest-compensated officer earns $800,000 annually. The organization reported $645K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Synergy Health Center's spending goes to programs?
Synergy Health Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Synergy Health Center compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Synergy Health Center is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Synergy Health Center located?
Synergy Health Center is headquartered in Kalamazoo, Michigan and files with the IRS under EIN 200034091. It is classified under NTEE code P20.
How many years of IRS 990 filings does Synergy Health Center have?
Synergy Health Center 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 $645K in total revenue.
Is Synergy Health Center a good charity?
Based on the available data, Synergy Health Center appears to be a good charity. It demonstrates strong financial growth, a commitment to its mission by not paying officer compensation, and consistent IRS 990 filings. The 2023 deficit is a point to watch, but overall, its financial health and transparency are positive.
What caused the deficit in 2023?
The IRS 990 data for 2023 shows expenses of $953,741 exceeding revenue of $838,394. Without a detailed breakdown of expenses, it's not possible to pinpoint the exact cause, but it suggests an increase in operational costs or a temporary dip in funding for that period.
How has Synergy Health Center's financial health changed over the past five years?
Over the past five years (2019-2023), Synergy Health Center has seen significant growth. Revenue increased from $471,812 in 2019 to $838,394 in 2023, and assets grew from $490,526 to $696,126. While 2023 showed a deficit, the overall trend indicates expansion and increased capacity.
Filing History
IRS 990 filing history for Synergy Health Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Synergy Health Center's revenue has grown by 268%, moving from $228K to $838K. Total functional expenses rose by 281.2%, from $250K to $954K. In its most recent filing year (2023), Synergy Health Center reported a deficit of $115K, with expenses exceeding revenue. The organization holds $104K in liabilities against $696K in assets (debt-to-asset ratio: 15.0%), resulting in net assets of $592K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $838K | $954K | $696K | $104K | — | — |
| 2022 | $910K | $883K | $823K | $116K | — | — |
| 2021 | $965K | $604K | $840K | $163K | — | View 990 |
| 2020 | $600K | $402K | $592K | $273K | — | View 990 |
| 2019 | $472K | $251K | $491K | $128K | — | View 990 |
| 2018 | $320K | $372K | $309K | $168K | — | View 990 |
| 2017 | $391K | $383K | $338K | $145K | — | View 990 |
| 2016 | $280K | $202K | $325K | $139K | — | View 990 |
| 2015 | $240K | $217K | $267K | $162K | — | View 990 |
| 2014 | $259K | $203K | $246K | $159K | — | View 990 |
| 2013 | $216K | $195K | $38K | $5K | — | View 990 |
| 2012 | $334K | $320K | $11K | $4K | — | View 990 |
| 2011 | $228K | $250K | $-842 | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $838K, expenses of $954K, and assets of $696K (revenue -7.8% year-over-year).
- 2022: Revenue of $910K, expenses of $883K, and assets of $823K (revenue -5.7% year-over-year).
- 2021: Revenue of $965K, expenses of $604K, and assets of $840K (revenue +60.9% year-over-year).
- 2020: Revenue of $600K, expenses of $402K, and assets of $592K (revenue +27.2% year-over-year).
- 2019: Revenue of $472K, expenses of $251K, and assets of $491K (revenue +47.4% year-over-year).
- 2018: Revenue of $320K, expenses of $372K, and assets of $309K (revenue -18.1% year-over-year).
- 2017: Revenue of $391K, expenses of $383K, and assets of $338K (revenue +39.7% year-over-year).
- 2016: Revenue of $280K, expenses of $202K, and assets of $325K (revenue +16.8% year-over-year).
- 2015: Revenue of $240K, expenses of $217K, and assets of $267K (revenue -7.4% year-over-year).
- 2014: Revenue of $259K, expenses of $203K, and assets of $246K (revenue +20.0% year-over-year).
- 2013: Revenue of $216K, expenses of $195K, and assets of $38K (revenue -35.4% year-over-year).
- 2012: Revenue of $334K, expenses of $320K, and assets of $11K (revenue +46.4% year-over-year).
- 2011: Revenue of $228K, expenses of $250K, and assets of $-842.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Synergy Health Center:
Data Sources and Methodology
This transparency report for Synergy Health Center 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.