Synergist network seeks to connect women in the first decade of their investing careers and provide them with the infrastructure, network and business acumen critical for long-term success.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Run by 6 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $290K a year · 64% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
57 mo
of spending, in cash
Looks good: 56.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $30K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$60
<0.01% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$505K
-7% vs prior year
Spent
$262K
To programs
88%
Net assets
$1.2M
By yearFY2021–FY2025
Revenue
$505K
FY2025▼ -7%
Tap a bar for its year
Revenue by fiscal year
FY2021$106K
FY2022$244K
FY2023$531K
FY2024$541K
FY2025$505K
Expenses
$262K
FY2025▲ +32%
Tap a bar for its year
Expenses by fiscal year
FY2021Not on file
FY2022$106K
FY2023$96K
FY2024$199K
FY2025$262K
Net assets
$1.2M
FY2025▲ +25%
Tap a bar for its year
Net assets by fiscal year
FY2021$76K
FY2022$214K
FY2023$649K
FY2024$992K
FY2025$1.2M

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $229K Management & general 12% · $32K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
National Co-President
$0Pt VII · Sec A
National Co-President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Co-President
$0Pt VII · Sec A
See Synergist INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Connects women in early investing careers, providing skills for long-term success.

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Provided by the organization

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1 program · $229K · in their own filed words · FY2025
01

Synergist provides multiple networking events each month to benefit women in the first decade of their investing careers

$229Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$30K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$505K
Ln 12
Gifts and grantsLn 1h$499K
Other incomeLn 4–11$6K
Money outPt IX
$262K
Ln 25
Programscol B$229K
Managementcol C$32K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$1.2M
LiabilitiesLn 26$60
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$499K
Other incomeLn 4–11$6K
Gains on assetsLn 7$0
Total revenueLn 12$505K
Assets in detailPt X, end of year
CashLn 1$1.2M
SavingsLn 2$0
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$1.2M
LiabilitiesLn 26$60
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$992K$1.2M
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$992K$1.2M
LiabilitiesLn 26$0$60
Net assetsLn 32$992K$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0$0
Pay of disqualified personsLn 6$0$0
Other salaries and wagesLn 7$0$0
Pension plan contributionsLn 8$0$0
Other employee benefitsLn 9$0$0
Payroll taxesLn 10$0$0
Management feesLn 11a$0$0
Legal feesLn 11b$0$0
Accounting feesLn 11c$8K$8K$0
Lobbying feesLn 11d$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0$0
Office expensesLn 13$2K$2K$0
Information technologyLn 14$0$0
RoyaltiesLn 15$0$0
OccupancyLn 16$0$0
TravelLn 17$0$0
Travel and entertainment for public officialsLn 18$0$0
Conferences, conventions and meetingsLn 19$0$0
InterestLn 20$0$0
Payments to affiliatesLn 21$0$0
Depreciation, depletion and amortizationLn 22$0$0
InsuranceLn 23$0$0
Other expenses (24a–d)Ln 24$253K$229K$23K
Total functional expensesLn 25$262K$229K$32K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $505K$262K$243K$1.2M 990 PDF
FY2024 $541K$199K$342K$992K 990 PDF
FY2023 $531K$96K$435K$649K 990 PDF
FY2022 $244K$106K$138K$214K 990 PDF
FY2021 $106K$76K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $504,980 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $533,000$498,800
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $7,647$6,180
I-12 Total revenuePrior year $540,647$504,980
I-13 Grants and similar amounts paidPrior year $500$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $198,026$261,597
I-18 Total expensesPrior year $198,526$261,597
I-19 Revenue less expensesPrior year $342,121$243,383
Part VI · Governance 6 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $504,980 across 9 lines filed
VIII-1f All other contributions, gifts and grants$498,800
VIII-1h Total contributions, gifts and grants$498,800
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $6,180$6,180
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $6,180$504,980
Part IX · Statement of functional expenses $261,597 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffFundraising $0$0
IX-6 Pay of disqualified personsFundraising $0$0
IX-7 Other salaries and wagesFundraising $0$0
IX-8 Pension plan contributionsFundraising $0$0
IX-9 Other employee benefitsFundraising $0$0
IX-10 Payroll taxesFundraising $0$0
IX-11a Management feesFundraising $0$0
IX-11b Legal feesFundraising $0$0
IX-11c Accounting feesManagement $7,500 · Fundraising $0$7,500
IX-11d Lobbying feesFundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesFundraising $0$0
IX-12 Advertising and promotionFundraising $0$0
IX-13 Office expensesManagement $1,575 · Fundraising $0$1,575
IX-14 Information technologyFundraising $0$0
IX-15 RoyaltiesFundraising $0$0
IX-16 OccupancyFundraising $0$0
IX-17 TravelFundraising $0$0
IX-18 Travel and entertainment for public officialsFundraising $0$0
IX-19 Conferences, conventions and meetingsFundraising $0$0
IX-20 InterestFundraising $0$0
IX-21 Payments to affiliatesFundraising $0$0
IX-22 Depreciation, depletion and amortizationFundraising $0$0
IX-23 InsuranceFundraising $0$0
IX-24 Other expenses (24a–d)Programs $229,163 · Management $23,359$252,522
IX-25 Total functional expensesPrograms $229,163 · Management $32,434 · Fundraising $0$261,597
Part X · Balance sheet $1,235,012 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $991,569$1,235,012
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $991,569$1,235,012
X-17 Accounts payable and accrued expensesStart of year $0$60
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $0$60
X-32 Total net assets or fund balancesStart of year $991,569$1,234,952
X-33 Total liabilities and net assetsStart of year $991,569$1,235,012
Part XI · Reconciliation of net assets $1,234,952 net assets at year end
XI-1 Total revenue$504,980
XI-2 Total expenses$261,597
XI-3 Revenue less expenses$243,383
XI-4 Net assets at start of year$991,569
XI-10 Net assets at end of year$1,234,952

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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