Civic Intelligence

Sinergia Inc.

990 • Fiscal year 2023 • EIN 13-3183344

Jul 01, 2022 to Jun 30, 2023 • Filed on May 07, 2024

2082 Lexington Avenue 4th FloorNew York, NY 10035

(212) 643-2840

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

87th percentile

0.79x

Higher debt load relative to assets than 87% of similar nonprofits.

2023 filings • NTEE P • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

0.44x

Higher debt load relative to revenue than 67% of similar nonprofits.

2023 filings • NTEE P • $10M-$25M nonprofits • Source year 2023

Net Margin

13th percentile

-12%

Higher net margin than 13% of similar nonprofits.

2023 filings • NTEE P • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

38th percentile

$174,800

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2023 filings • NTEE P • $10M-$25M nonprofits • Source year 2023

Asset Growth

39th percentile

3.2%

Faster asset growth than 39% of similar nonprofits.

2023 filings • NTEE P • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

27th percentile

-5.9%

Faster revenue growth than 27% of similar nonprofits.

2023 filings • NTEE P • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$7,011,188

Up $217,940 (+3.2%) from 2022

Net Assets

Up

$1,441,608

Up $759,007 (+111%) from 2022

Liabilities

Down

$5,569,580

Down $541,067 (-8.9%) from 2022

Revenue

Down

$12,537,040

Down $785,749 (-5.9%) from 2022

Expenses

Down

$14,000,650

Down $31,946 (-0.2%) from 2022

Net Income

Down

-$1,463,610

Down $753,803 (-106%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $3,252,154Liabilities 2011: $772,683Net Assets 2011: $2,479,4712011Assets 2012: $3,276,468Liabilities 2012: $1,063,578Net Assets 2012: $2,212,8902012Assets 2013: $3,440,004Liabilities 2013: $1,174,975Net Assets 2013: $2,265,0292013Assets 2014: $4,004,314Liabilities 2014: $1,437,377Net Assets 2014: $2,566,9372014Assets 2015: $3,948,484Liabilities 2015: $1,564,168Net Assets 2015: $2,384,3162015Assets 2016: $3,247,694Liabilities 2016: $1,494,891Net Assets 2016: $1,752,8032016Assets 2017: $3,262,987Liabilities 2017: $1,661,847Net Assets 2017: $1,601,1402017Assets 2018: $4,594,472Liabilities 2018: $3,463,322Net Assets 2018: $1,131,1502018Assets 2019: $4,083,074Liabilities 2019: $2,945,913Net Assets 2019: $1,137,1612019Assets 2020: $5,163,019Liabilities 2020: $4,512,593Net Assets 2020: $650,4262020Assets 2021: $7,511,266Liabilities 2021: $6,118,858Net Assets 2021: $1,392,4082021Assets 2022: $6,793,248Liabilities 2022: $6,110,647Net Assets 2022: $682,6012022Assets 2023: $7,011,188Liabilities 2023: $5,569,580Net Assets 2023: $1,441,6082023Assets 2024: $13,213,375Liabilities 2024: $12,851,473Net Assets 2024: $361,9022024

Highlighted filing

2023

Assets$7,011,188
Liabilities$5,569,580
Net Assets$1,441,608

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $7,080,020Expenses 2011: $7,586,399Net Income 2011: -$506,3792011Revenue 2012: $7,656,950Expenses 2012: $7,923,531Net Income 2012: -$266,5812012Revenue 2013: $8,319,353Expenses 2013: $8,267,214Net Income 2013: $52,1392013Revenue 2014: $8,951,493Expenses 2014: $8,649,585Net Income 2014: $301,9082014Revenue 2015: $9,171,036Expenses 2015: $9,353,657Net Income 2015: -$182,6212015Revenue 2016: $9,807,019Expenses 2016: $10,438,532Net Income 2016: -$631,5132016Revenue 2017: $11,269,020Expenses 2017: $11,420,683Net Income 2017: -$151,6632017Revenue 2018: $12,145,495Expenses 2018: $12,615,485Net Income 2018: -$469,9902018Revenue 2019: $12,775,291Expenses 2019: $12,769,280Net Income 2019: $6,0112019Revenue 2020: $12,037,782Expenses 2020: $12,524,517Net Income 2020: -$486,7352020Revenue 2021: $12,774,248Expenses 2021: $12,032,266Net Income 2021: $741,9822021Revenue 2022: $13,322,789Expenses 2022: $14,032,596Net Income 2022: -$709,8072022Revenue 2023: $12,537,040Expenses 2023: $14,000,650Net Income 2023: -$1,463,6102023Revenue 2024: $12,019,371Expenses 2024: $13,666,203Net Income 2024: -$1,646,8322024

Highlighted filing

2023

Revenue$12,537,040
Expenses$14,000,650
Net Income-$1,463,610
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 7, 2024
Return Version
2022v5.0
Gross Receipts
$12,537,040
Mission and Program Overview

Mission

Provide service coordination, direct services to individuals with developmental disabilities & families; housing assistance for families and operate a parent center for parents of children with a range of disabilities.

Our mission is to enhance the well-being of individuals and families through the human services delivery system(s), with particular concentration on those individuals that have traditionally experienced difficulty in accessing human services. They include (without limitation) persons with disabilities, disadvantaged, latino, african american, native american and/or migrant. For over three decades sinergia has assisted under-served families, many with limited english proficiency, african american, families facing homelessness and families experiencing poverty.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$451,124$1,939,013▲ $1,487,889
Accounts Receivable$1,184,885$1,345,230▲ $160,345
Land, Buildings, and Equipment, Net$1,344,713$1,335,577▼ $9,136
Prepaid Expenses and Deferred Charges$128,647$112,399▼ $16,248
Savings and Temporary Cash Investments$1,049,993$80,117▼ $969,876
Total Assets$6,793,248$7,011,188▲ $217,940
Other Assets Total$2,633,886$2,198,852▼ $435,034
Liabilities
Other Liabilities$4,450,202$3,779,588▼ $670,614
Tax Exempt Bond Liabilities$1,422,234$1,389,579▼ $32,655
Accounts Payable and Accrued Expenses$238,211$400,413▲ $162,202
Total Liabilities$6,110,647$5,569,580▼ $541,067
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$682,601$1,441,608▲ $759,007
Total Net Assets Fund Balance$682,601$1,441,608▲ $759,007
Total Liabilities and Net Assets / Fund Balance$6,793,248$7,011,188▲ $217,940

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$714,448$141,905$856,353
Land$573,000-$573,000
Other Land Buildings$14,111$331,032$345,143
Leasehold Improvements$34,018$309,284$343,302
Other Assets Org$37,677--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lorecilda BarcelonaExecutive DiFT$142,730$32,070$174,800
Lorecilda BarcelonaExecutive Director-$142,730$32,070$174,800
Milca TakataDeputy ExecFT$120,327$241$120,568
Any NunezComptrollerFT$107,247$10,029$117,276
Asuncion MuyaldeDirector ofFT$103,993$573$104,566

Board Members and Trustees

NameTitle
Johnny C RiveraPresident
Allison AbreuDirector
Bernice Moro PhdDirector
Carmen PaganDirector
Josefina RosarioDirector
Maria FigueroaDirector
Robin S BrownDirector
Sharon MooreDirector
Wendell P BrownDirector
Anem Volcy1st Vice Pre
Christine Lewis2nd Vice Pre
Dora MendezSecretary
Ana Koessler MswTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,844,057
Program Service Revenue
$10,680,686
Investment Income
$1,258
Other Revenue
$11,039
All Other Contributions
$125,124
Change in Net Assets
$-1,463,610

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,537,040
Revenue Not Reported on Form 990
$2,614,844
Total Revenue per Audited Statements
$15,151,884
Total Revenue per Form 990
$12,537,040
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,958,298
Other Expenses$4,042,352
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,546,093$537,144-$8,083,237
Occupancy$1,452,477$264,552-$1,717,029
Payroll Taxes$671,905$70,478-$742,383
Other Employee Benefits$613,653$41,168-$654,821
All Other Expenses$427,050$-7,117-$419,933
Current Officers, Directors, Trustees, and Key Employees$141,343$195,095-$336,438
Fees for Services Other$89,600$187,362-$276,962
Insurance$130,631$24,842-$155,473
Other Expenses$106,491$38,808-$145,299
Pension Plan Contributions$-3,357$144,776-$141,419
Fees for Services Legal-$85,872-$85,872
Fees for Services Accounting$10,235$64,716-$74,951
Interest$63,297$11,540-$74,837
Travel$68,753$-3,955-$64,798
Depreciation Depletion$54,568$6,091-$60,659
Information Technology$44,948$12,559-$57,507
Total Functional Expenses$11,947,083$2,053,567$0$14,000,650

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$14,392,877
Expenses per Audited Statements$14,000,650
Total Expenses per Form 990$14,000,650
Expenses Not Reported on Form 990$392,227
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Leases - Current$1,337,247
Accrued Compensation$710,116
Operating Leases - Noncurrent$699,714
Due to Medicaid$627,087
Line of Credit$299,000
Consumer Funds$106,424

Bond Issues

BondIssuerIssuedIssue PricePurpose
ADasny2018-08-15$1,640,861The proceeds of the bonds were used to repay the promissory notes to fjc, which were entered into by

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$1,640,861$1,526,421-$61,195

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

Form 990, part vi, section b, line 15a: board members review and approve any changes in the executive director's compensation. Form 990, part vi, section b, line 15b: the officer's compensation is based on past history and is determined by the executive director.

Form 990, Page 6, Part VI, Line 2

Robin s. Brown wendell p. Brown director director family relationship

Form 990, Page 6, Part VI, Line 11B

The initial review of draft of form 990 is performed by the comptroller and it is then forwarded to the executive director for review. The draft form 990 is then provided to the entire board of directors prior to being filed with the irs.

Form 990, Page 6, Part VI, Line 12C

Sinergia has a board approved conflict of interest policy. Employees, including top management, and each board member must fill out an annual conflict of interest disclosure statement stating that they had no conflict of interest or identifying the nature of their interested party transactions. Additionally, new hires and board members prior to appointment are required to sign the conflict of interest policy. The conflict of interest policy is circulated annually and monitored throughout the year. If potential conflicts of interest arise, they are brought to the attention of the organization's management and board.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflict of interest, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Sinergia Inc
EIN
13-3183344
Phone
2126432840
Address
2082 LEXINGTON AVENUE 4TH FLOOR, NEW YORK, NY 10035

Signing Officer

Name
Lorecilda Barcelona
Title
Executive Director
Phone
2126432840
Signed
2024-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lorecilda Barcelona
Formed
1983
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
13
Employees
317
Volunteers
13

Preparer

Firm
Caballero & Associates LLC
Address
228 BRIDGE ST, METUCHEN, NJ 08840-2291
Preparer
Alvin Caballero
Phone
7329022929
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Provide service coordination, direct services to individuals with developmental disabilities & families; housing assistance for families and operate a parent center for parents of children with a range of disabilities.

Form 990, Page 2, Part III, Line 4D

Other progam service includes services related to family support, autism services, parent training service, supported employment, and division of housing and community renewal.

Form 990, Part XI

Part xi, line 2d employee retention credit and related interest income during fiscal year ended june 30, 2023, sinergia, inc. Received employee retention credit (erc) of 2,507,991 pertaining to quarters ended march 31, 2021, june 30, 2021, and september 30, 2021, and related interest income of 106,853 from the united states treasury. The erc, which was created under the coronavirus aid, relief, and economic security (cares) act is a refundable tax credit for certain eligible businesses and tax-exempt organizations that had employees and were affected during the covid-19 pandemic. To be eligible, employers must have either: sustained a full or partial suspension of operations due to an order from an appropriate governmental authority limiting commerce, travel or group meetings because of covid-19 during 2020 or the first three quarters of 2021, or experienced a significant decline in gross receipts during 2020 or a decline in gross receipts during the first three quarters of 2021, or qualified as a recovery startup business for the third or fourth quarters of 2021. When sinergia, inc. Applied for erc, management previously concluded that the organization met the first criteria (partial suspension of operations) during the quarters ended march 31, 2021, june 30, 2021, and september 30, 2021 and that it also met the second criteria (significant decline in revenue) for quarters ended march 31, 2021 and june 30, 2021. Subsequent to the receipt of the erc and related interest income, management realized that it did not meet the requirements for significant decline in revenue. Accordingly, management has retained the assistance of an external legal counsel to review its previous conclusion that sinergia met the requirements for partial suspension of operations. That review is currently ongoing as of this time.

Form 990, Part XI, Line 9

Employee retention credit (erc) 2,507,991 interest income related to erc 106,853 fees paid to erc consultant -392,227 total 2,222,617

Form 990, Part XII

Part xii, line 2d (fees paid to erc consultant) sinergia, inc. Paid 392,227 to a third-party consultant who assisted in calculating and filing the claims for the employee retention tax credit (erc). As noted in part xi, line 2d, management is currently reviewing its prior conclusion that sinergia met the eligibility criteria for the erc. Management believes the fees paid to the consultant is recoverable if the review of the prior conclusion related to erc eligibility results in the repayment of the erc funds previously received.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization does not believe there are any material uncertain tax positions and, accordingly, it has not recognized any liability for unrecognized tax benefits. The organization has filed irs form 990 tax returns, as required, and all other applicable returns in jurisdictions where it is required. For the year ended june 30, 2023, there was no interest or penalties recorded or included in the statement of activities. Based on applicable statute of limitations, the organization's tax returns generally remain open for examination by tax authorities for three (3) years after filing. As of june 30, 2023, the organization was not subject to any examination by a taxing authority.

Schedule D, Page 4, Part XI, Line 2D

Employee retention credit (erc) 2,507,991 interest income related to erc 106,853

Schedule D, Page 4, Part XII, Line 2D

Fees paid to erc consultant 392,227

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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt82ND VICE PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt080117
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.2$12.9$0.36$12.0$13.7$1.65
2023Detailed filing. Detailed filing data is available for this year.$7.01$5.57$1.44$12.5$14.0$1.46
2022Detailed filing. Detailed filing data is available for this year.$6.79$6.11$0.68$13.3$14.0$0.71
2021Detailed filing. Detailed filing data is available for this year.$7.51$6.12$1.39$12.8$12.0$0.74
2020Detailed filing. Detailed filing data is available for this year.$5.16$4.51$0.65$12.0$12.5$0.49
2019Detailed filing. Detailed filing data is available for this year.$4.08$2.95$1.14$12.8$12.8$0.01
2018Detailed filing. Detailed filing data is available for this year.$4.59$3.46$1.13$12.1$12.6$0.47
2017Detailed filing. Detailed filing data is available for this year.$3.26$1.66$1.60$11.3$11.4$0.15
2016Summary only. Only limited summary data is available for this year.$3.25$1.49$1.75$9.81$10.4$0.63
2015Summary only. Only limited summary data is available for this year.$3.95$1.56$2.38$9.17$9.35$0.18
2014Detailed filing. Detailed filing data is available for this year.$4.00$1.44$2.57$8.95$8.65$0.30
2013Summary only. Only limited summary data is available for this year.$3.44$1.17$2.27$8.32$8.27$0.05
2012Summary only. Only limited summary data is available for this year.$3.28$1.06$2.21$7.66$7.92$0.27
2011Summary only. Only limited summary data is available for this year.$3.25$0.77$2.48$7.08$7.59$0.51