Synaptiv INC FY2024 filing

Denver, CO · Public charity (501(c)(3)) · Human Services

✓ Tax-deductible Latest data FY2024
Revenue
$446K
▲ +7% vs prior year
Spent
$234K
To programs
82%
Net assets
$827K
By yearFY2020–FY2025
Revenue
$446K
FY2024▲ +7%
Revenue by fiscal year
FY2020$282K
FY2021$393K
FY2022$452K
FY2023$418K
FY2024$446K
FY2025$401K
Expenses
$234K
FY2024+0.2%
Expenses by fiscal year
FY2020$144K
FY2021$210K
FY2022$422K
FY2023$234K
FY2024$234K
FY2025$256K
Net assets
$827K
FY2024▲ +34%
Net assets by fiscal year
FY2020$218K
FY2021$401K
FY2022$431K
FY2023$615K
FY2024$827K
FY2025$973K
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Foundation funders?
Not on file
Spent on programs?
82% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +7% vs prior year
Legal name (IRS)Hdr · item CSynaptiv INC
EINHdr · item D82-2899843
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFOct 2017
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CDenver, CO
NTEE classificationIRS BMFHuman Services (P20)
WebsiteHdr · item Jwww.yourcesource.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.09 Fundraising $0.09
Program services82%$192K
Management & general9%$21K
Fundraising9%$21K
Total functional expensesLn 25$234K

Financial health

Program efficiency
82%
of spending reaches programs
Operating runway
56.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+48%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$1.1M
FY2024▲ +21%
Total assets by fiscal year
FY2020$298K
FY2021$709K
FY2022$738K
FY2023$912K
FY2024$1.1M
FY2025$1.2M
Total liabilities
$274K
FY2024▼ -8%
Total liabilities by fiscal year
FY2020$80K
FY2021$308K
FY2022$307K
FY2023$296K
FY2024$274K
FY2025$254K
Revenue less expensesPt I · Ln 19$212K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42

Balance Sheet

Part X · end of year
CashLn 1$1.1M
Total assetsLn 16$1.1M
Total liabilitiesLn 26$274K
Total net assetsLn 32$827K
Months of cash on handcomputed56.5

Statement of Revenue

Part VIII
Program service revenue$311K · 70%
Investment income$123K · 27%
Contributions & grants$12K · 3%
Program service revenue70%$311K
Investment income27%$123K
Contributions & grants3%$12K
Total revenueLn 12$446K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.1M · Operating expenses/yr $234K
56.5 months
Where the money goes
Program services
Program services $192K · Total expenses $234K
82%
Management & General
Management & general $21K · Total expenses $234K
9%
Fundraising
Fundraising $21K · Total expenses $234K
9%
Cost to raise $1
Fundraising expense (3-yr avg) $22K · Solicited contributions (3-yr avg) $59K
$0.38 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $12K · Total revenue $446K
3%
Government reliance
Government grants — · Total revenue $446K
—
Earned-income share
Program service revenue $311K · Total revenue $446K
70%
Investment reliance
Investment income $123K · Total revenue $446K
+27%
Program self-sufficiency
Program service revenue $311K · Total expenses $234K
133%
Growth & trend
Revenue growth (YoY)
This year $446K · Prior year $418K
+7%
Revenue CAGR
FY2020 $282K · FY2024 $446K
+12%
Net-asset trend (YoY)
End of year $827K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $446K · Expenses $234K
+48%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
—
Net-asset ratio
Net assets $827K · Total assets $1.1M
75%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.1M
0%
People & payroll
Highest Reported Total Compensation
Individual Craig Mattingly · Reported title President · Highest reported compensation $112K · Total expenses $234K
48%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $191K · Total expenses $234K
82%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 82%——
Overhead ratio 9%——
Fundraising cost ratio 168%——
Revenue growth 7%——
Investment management fee ratio 0%——
Legal fee ratio 0.3%——
Accounting fee ratio 0%——
Fundraising fee ratio 0%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$111,695Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Craig Mattingly’s $180K as President is at the 99th percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Craig Mattingly$180,000—————
Craig Mattingly—$111,695$100,593$108,000$81,794$62,339
Alexandra Staros———$380——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Educates healthcare professionals through specialized programs.

Provided by the organization

This section is blank until Synaptiv INC claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $192K of program spending, described in the organization's own filed words · FY2024.
01

We provided a variety of successful medical education programs which enhanced the knowledge, competence and performance of our learners to improve patient outcomes

$192Kprogram expense

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Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest $401K$256K-10% 990 PDF
FY2024 Viewing $446K$234K+7% 990 PDF
FY2023 $418K$234K-8% 990 PDF
FY2022 $452K$422K+15% 990 PDF
FY2021 $393K$210K+40% 990 PDF
FY2020 $282K$144K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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