Syntiro
Syntiro experiences significant revenue decline while maintaining balanced budgets and reporting no officer compensation.
EIN: 10533972 · Augusta, ME · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $454K |
| Program Spending | 80% |
| Net Assets | $181K |
| Transparency Score | 75/100 |
Is Syntiro Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Syntiro directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Syntiro
Syntiro (EIN: 10533972) is a nonprofit organization based in Augusta, ME, classified under NTEE code B90. The organization reported total revenue of $1.5M and total assets of $358K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Syntiro's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Syntiro is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $662K |
| Total Expenses | $454K |
| Surplus / Deficit | +$208K |
| Total Assets | $211K |
| Total Liabilities | $30K |
| Net Assets | $181K |
| Operating Margin | 31.5% |
| Debt-to-Asset Ratio | 14.2% |
| Months of Reserves | 5.6 months |
Financial Health Grade: A
In 2023, Syntiro reported a surplus of $208K with revenue exceeding expenses, holds 5.6 months of operating reserves (adequate), has a debt-to-asset ratio of 14.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Syntiro's revenue has declined at a compound annual growth rate (CAGR) of -8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.9% | -58.8% | +13.1% |
| 2022 | -48.4% | -47.8% | -29.9% |
| 2021 | +8.1% | +9.8% | -11.6% |
| 2020 | -1.0% | +1.4% | -3.7% |
| 2019 | +3.8% | -2.4% | -28.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2004 |
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 Syntiro with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Syntiro allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 surplus of $208K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.2%.
Executive Compensation Analysis
Syntiro consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size and revenue history. This suggests either a fully volunteer executive leadership or that executive compensation is categorized under other expense lines, which could obscure true leadership costs.
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 Syntiro's IRS 990 filings:
- Significant and rapid decline in revenue over the last two reporting periods (from $2.1M to $0.66M)
- Consistent reporting of 0% officer compensation, which may obscure true leadership costs or indicate an unusual operational model.
Strengths
The following positive indicators were identified for Syntiro:
- Consistent history of balancing revenues and expenses, avoiding significant deficits.
- Maintained positive net assets in most recent filing ($211,285 in 202306).
- Long filing history (13 filings) indicates sustained operation and compliance.
Frequently Asked Questions about Syntiro
Is Syntiro a legitimate charity?
Based on AI analysis of IRS 990 filings, Syntiro (EIN: 10533972) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Syntiro spend its money?
Syntiro directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Syntiro tax-deductible?
Syntiro is registered as a tax-exempt nonprofit (EIN: 10533972). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Syntiro's spending goes to programs?
Syntiro directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Syntiro compare to similar nonprofits?
With a transparency score of 75/100 (Good), Syntiro is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Syntiro located?
Syntiro is headquartered in Augusta, Maine and files with the IRS under EIN 10533972. It is classified under NTEE code B90.
How many years of IRS 990 filings does Syntiro have?
Syntiro 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 $1.5M in total revenue.
Why has Syntiro's revenue decreased significantly from $2,097,035 in 202106 to $662,040 in 202306?
The filings show a substantial drop in revenue over the last two periods, which could indicate changes in funding sources, program scope, or operational capacity. Further investigation into the organization's activities during these periods would be necessary to understand the cause.
How does Syntiro compensate its executive leadership if officer compensation is consistently reported as 0%?
The consistent 0% officer compensation is a notable data point. It could mean that executive roles are entirely volunteer, or that compensation is reported under other expense categories like 'salaries and wages' without specific officer designation, which would require reviewing the full Form 990 for detailed expense breakdowns.
What is the specific breakdown of Syntiro's program, administrative, and fundraising expenses?
Without the detailed expense schedules from the full IRS Form 990, it's difficult to provide an exact breakdown. The provided data only gives total expenses, not the functional allocation.
Filing History
IRS 990 filing history for Syntiro showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Syntiro's revenue has declined by 67.3%, moving from $2.0M to $662K. Total assets decreased by 58.2% over the same period, from $505K to $211K. Total functional expenses fell by 79.2%, from $2.2M to $454K. In its most recent filing year (2023), Syntiro reported a surplus of $208K, with revenue exceeding expenses. The organization holds $30K in liabilities against $211K in assets (debt-to-asset ratio: 14.2%), resulting in net assets of $181K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $662K | $454K | $211K | $30K | — | View 990 |
| 2022 | $1.1M | $1.1M | $187K | $214K | — | View 990 |
| 2021 | $2.1M | $2.1M | $266K | $275K | — | View 990 |
| 2020 | $1.9M | $1.9M | $301K | $295K | — | View 990 |
| 2019 | $2.0M | $1.9M | $313K | $325K | — | View 990 |
| 2018 | $1.9M | $1.9M | $440K | $555K | — | View 990 |
| 2017 | $1.9M | $1.9M | $483K | $541K | — | View 990 |
| 2016 | $1.7M | $1.9M | $313K | $486K | — | View 990 |
| 2015 | $1.6M | $1.6M | $397K | $393K | — | View 990 |
| 2014 | $495K | $487K | $293K | $308K | — | View 990 |
| 2013 | $772K | $717K | $337K | $355K | — | View 990 |
| 2012 | $1.4M | $1.5M | $330K | $404K | — | View 990 |
| 2011 | $2.0M | $2.2M | $505K | $507K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $662K, expenses of $454K, and assets of $211K (revenue -38.9% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $187K (revenue -48.4% year-over-year).
- 2021: Revenue of $2.1M, expenses of $2.1M, and assets of $266K (revenue +8.1% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.9M, and assets of $301K (revenue -1.0% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.9M, and assets of $313K (revenue +3.8% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.9M, and assets of $440K (revenue -1.5% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.9M, and assets of $483K (revenue +10.9% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.9M, and assets of $313K (revenue +6.3% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.6M, and assets of $397K (revenue +228.5% year-over-year).
- 2014: Revenue of $495K, expenses of $487K, and assets of $293K (revenue -35.9% year-over-year).
- 2013: Revenue of $772K, expenses of $717K, and assets of $337K (revenue -45.9% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.5M, and assets of $330K (revenue -29.4% year-over-year).
- 2011: Revenue of $2.0M, expenses of $2.2M, and assets of $505K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Syntiro:
Data Sources and Methodology
This transparency report for Syntiro 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.