Synergy 365 FY2020 filing

Not tax-deductible

Lemoore, CAMutual-benefit / member-servingCommunity DevelopmentEIN 83-3287663Revenue $822K in FY2020

On file with the IRS555 E St, 93245-2617 · Lemoore, CATax-exempt since May 2021

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Synergy 365 was established for the purpose of holding title to property, collecting income therefrom, and turning over the entire amount to Avenal Community Health Center, an organization that is exempt from federal income tax under section 501(a) of the Internal Revenue Code as an organization described in section 501(c)(3). Aria Community Health Center is a federally qualified and licensed primary care clinic that provides Medical, Dental, Optometry and Specialty Care to under-served communities. Synergy 365 commenced activities related to its exempt purpose.

Mission: Form 990 Part I, line 1

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $621K a year · 70% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.3M
66% of total assets
Worth a look: liabilities are 66% of assets; over 65%.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$822K
Spent
$155K
To programs
0%
Net assets
$667K
By yearFY2020–FY2024
Revenue
$822K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$822K
FY2021$2.5M
FY2022$498K
FY2023$340K
FY2024$340K
Expenses
$155K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$155K
FY2021$275K
FY2022$271K
FY2023$321K
FY2024$331K
Net assets
$667K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$667K
FY2021$2.8M
FY2022$3.1M
FY2023$1.7M
FY2024$1.5M

From the FY2020 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2021.

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

Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Synergy 365 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

Holds property and collects income to support a community health center.

Questions for Synergy 365

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Provided by the organization

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1 program · $155K · in their own filed words · FY2020
01

During 2020, Synergy 365 received a contribution of land and building from its parent, Avenal Community Health Center and assumed a mortgage on the property received. Synergy 365 collected rent from a third-party tenant that leases space in the building.

$155Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$822K
Ln 12
Gifts and grantsLn 1h$608K
Fees for servicesLn 2g$198K
Other incomeLn 4–11$16K
Money outPt IX
$155K
Ln 25
Owns and owesPt X
$667K
net assets · Ln 32
Cash and savingsLn 1–2$84K
Total assetsLn 16$2.0M
LiabilitiesLn 26$1.3M
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$608K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$198K
Other incomeLn 4–11$16K
Total revenueLn 12$822K
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$84K
Cash and savings togetherLn 1–2$84K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1.8M
Other assetsLn 15$0
Total assetsLn 16$2.0M
LiabilitiesLn 26$1.3M
Net assetsLn 32$667K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$50K$84K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$0$1.8M
Total assetsLn 16$50K$2.0M
LiabilitiesLn 26$50K$1.3M
Net assetsLn 32$0$667K
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
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$45K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$111K
InsuranceLn 23$0
All other expensesLn 24e$0
Total functional expensesLn 25$155K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $340K$331K$9K$1.5M 990 PDF
FY2023 $340K$321K$19K$1.7M 990 PDF
FY2022 $498K$271K$227K$3.1M 990 PDF
FY2021 $2.5M$275K$2.2M$2.8M 990 PDF
FY2020 Viewing $822K$155K$667K$667K 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
See the full FY2020 990 (6 parts)
Part I · Summary $822,094 revenue, 12 lines filed
I-8 Contributions and grants$607,923
I-9 Program service revenue$198,000
I-10 Investment income$0
I-11 Other revenue$16,171
I-12 Total revenuePrior year $0$822,094
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expenses$155,479
I-18 Total expensesPrior year $0$155,479
I-19 Revenue less expensesPrior year $0$666,615
Part VI · Governance 9 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
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
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $822,094 across 11 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$607,923
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$0
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$607,923
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $198,000 · Unrelated business $0 · Excluded from tax $0$198,000
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $16,171 · Excluded from tax $0$16,171
VIII-12 Total revenueRelated to mission $198,000 · Unrelated business $16,171 · Excluded from tax $0$822,094
Part IX · Statement of functional expenses $155,479 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 staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$44,682
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$110,797
IX-23 Insurance$0
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$155,479
Part X · Balance sheet $1,970,153 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $0$0
X-2 Savings and temporary cash investmentsStart of year $50,000$83,711
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$61,177
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$2,880
X-10c Land, buildings and equipment, netStart of year $0$1,822,385
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 $50,000$1,970,153
X-17 Accounts payable and accrued expenses$2,000
X-19 Deferred revenue$18,000
X-25 Other liabilitiesStart of year $50,000$0
X-26 Total liabilitiesStart of year $50,000$1,303,538
X-27 Net assets without donor restrictionsStart of year $0$666,615
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $0$666,615
X-33 Total liabilities and net assetsStart of year $50,000$1,970,153
Part XI · Reconciliation of net assets $666,615 net assets at year end
XI-1 Total revenue$822,094
XI-2 Total expenses$155,479
XI-3 Revenue less expenses$666,615
XI-4 Net assets at start of year$0
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$666,615

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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