Civic Intelligence

Synergy Public School

EIN 81-0695212 • 501(c)3 • Phoenix, AZ

Profile

The mission of Synergy Public Schools is to ensure that all children experience a challenging and progressive child-centered educational program that fosters a love of learning and empowers student to be productive, caring and responsible citizens that are college and career ready.

2701 W Bethany Home RdPhoenix, AZ 85017

www.synergypublicschools.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.86x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

2.21x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

53rd percentile

5.7%

Higher net margin than 53% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

28th percentile

$88,840

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

53rd percentile

5.9%

Faster asset growth than 53% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

53rd percentile

8.2%

Faster revenue growth than 53% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Down

$18,437,318

Down $103,232 (-0.6%) from 2023

Liabilities

Down

$15,014,561

Down $845,919 (-5.3%) from 2023

Net Assets

Up

$3,422,757

Up $742,687 (+28%) from 2023

Revenue

Up

$7,532,475

Up $369,616 (+5.2%) from 2023

Expenses

Up

$6,789,788

Up $35,004 (+0.5%) from 2023

Net Income

Up

$742,687

Up $334,612 (+82%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2017: $401,114Liabilities 2017: $378,322Net Assets 2017: $22,7922017Assets 2018: $1,166,589Liabilities 2018: $961,190Net Assets 2018: $205,3992018Assets 2019: $1,336,719Liabilities 2019: $761,557Net Assets 2019: $575,1622019Assets 2020: $8,061,758Liabilities 2020: $6,923,634Net Assets 2020: $1,138,1242020Assets 2021: $12,759,694Liabilities 2021: $11,333,355Net Assets 2021: $1,426,3392021Assets 2022: $17,501,202Liabilities 2022: $15,229,207Net Assets 2022: $2,271,9952022Assets 2023: $18,540,550Liabilities 2023: $15,860,480Net Assets 2023: $2,680,0702023Assets 2024: $18,437,318Liabilities 2024: $15,014,561Net Assets 2024: $3,422,7572024

Highlighted filing

2024

Assets$18,437,318
Liabilities$15,014,561
Net Assets$3,422,757

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0Revenue 2017: $447,968Expenses 2017: $432,777Net Income 2017: $15,1912017Revenue 2018: $2,478,731Expenses 2018: $2,310,424Net Income 2018: $168,3072018Revenue 2019: $3,607,376Expenses 2019: $3,237,613Net Income 2019: $369,7632019Revenue 2020: $4,004,365Expenses 2020: $3,441,403Net Income 2020: $562,9622020Revenue 2021: $4,484,361Expenses 2021: $4,196,146Net Income 2021: $288,2152021Revenue 2022: $6,618,622Expenses 2022: $5,772,966Net Income 2022: $845,6562022Revenue 2023: $7,162,859Expenses 2023: $6,754,784Net Income 2023: $408,0752023Revenue 2024: $7,532,475Expenses 2024: $6,789,788Net Income 2024: $742,6872024

Highlighted filing

2024

Revenue$7,532,475
Expenses$6,789,788
Net Income$742,687

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2019 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 15, 2020
Return Version
2018v3.3
Gross Receipts
$3,607,376
Mission and Program Overview

Mission

The mission of Synergy Public Schools is to ensure that all children experience a challenging and progressive child-centered educational program that fosters a love of learning and empowers student to be productive, caring and responsible citizens that are college and career ready.

The mission of Synergy Public Schools is to ensure that all children experience a challenging and progressive child-centered educational program that fosters a love of learning and empowers student to be productive, cari

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$534,330$655,722▲ $121,392
Cash and Non-Interest-Bearing Accounts$474,010$405,685▼ $68,325
Accounts Receivable$97,863$255,102▲ $157,239
Prepaid Expenses and Deferred Charges-$12,710-
Total Assets$1,166,589$1,336,719▲ $170,130
Other Assets Total$60,386$7,500▼ $52,886
Liabilities
Tax Exempt Bond Liabilities-$536,468-
Mortgage Notes Payable Secured by Investment Property$531,230--
Other Liabilities$77,500$183,578▲ $106,078
Accounts Payable and Accrued Expenses$352,460$41,511▼ $310,949
Total Liabilities$961,190$761,557▼ $199,633
Net Assets / Fund Balance
Unrestricted Net Assets$205,399$575,162▲ $369,763
Total Net Assets Fund Balance$205,399$575,162▲ $369,763
Total Liabilities and Net Assets / Fund Balance$1,166,589$1,336,719▲ $170,130

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$652,072$140,680$792,752
Equipment$3,650$2,361$6,011
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Melissa MckinseyDirectorPT$88,840$88,840
Lori WeissDirectorPT$71,288$71,288

Board Members and Trustees

NameTitle
JEANNE O'CALLAGHANDirector
Jennifer DupuyDirector
Judith AmbelangDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$3,585,817
Program Service Revenue
$21,559
Investment Income
$0
Other Revenue
$0
All Other Contributions
$15,304
Change in Net Assets
$369,763

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,607,376
Total Revenue per Audited Statements
$3,607,376
Total Revenue per Form 990
$3,607,376
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,624,012
Salaries, Compensation, and Employee Benefits$1,613,601
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,232,591$183,396-$1,415,987
Other Expenses$258,359$182,752-$258,359
Other Employee Benefits$167,972$29,642-$197,614
Fees for Services Lobbying$139,103--$139,103
Occupancy$62,715$26,878-$89,593
Depreciation Depletion$49,929$21,398-$71,327
Interest$44,092$18,896-$62,988
Information Technology$30,029$20,246-$50,275
All Other Expenses$26,959$19,099-$46,058
Fees for Services Accounting-$43,792-$43,792
Insurance-$18,318-$18,318
Office Expenses$4,042$9,643-$13,685
Advertising$11,385--$11,385
Travel-$7,885-$7,885
Fees for Services Other-$6,337-$6,337
Fees for Services Legal-$2,438-$2,438
Total Functional Expenses$2,633,711$603,902$0$3,237,613

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,237,613
Total Expenses per Audited Statements$3,237,613
Total Expenses per Form 990$3,237,613
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
Federal income taxes$106,078
Payroll Taxes, Interest and Penalties$77,500
Due to Lori-
Tni Credit-
Opening Balance-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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, Section B, Line 11

The executive director reviews and approves form 990prior to filing and makes it available to the board for review after filing.

Form 990, Part VI, Section C, Line 12

Board members review and document the conflict ofinterest policy annually.

Form 990, Part VI, Section B, Line 15

All compensation is reviewed and approved by the boardafter comparisons to similar compensation in like businesses

Form 990, Part VI, Section C, Line 19

All public documents are made available upon writtenrequest

Form 990, Part VI, Section C, Line 17

The state of arizona does not require a copy of form990 for schools

Filing and Contact Details

Filer

Filer Name
Synergy Public School
EIN
81-0695212
Address
2701 W BETHANY HOME RD, PHOENIX, AZ 85017

Signing Officer

Name
Melissa Mckinsey
Title
Director
Signed
2020-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lori Weiss
Formed
2015
Legal Domicile
Az
Voting Board Members
5
Independent Board Members
5
Employees
41

Preparer

Firm
Holcomb & Shreeve PC
Address
3050 E Irwin Ave, Mesa, AZ 85204
Preparer
Kristopher K Holcomb
Phone
4809634234
Raw XML Appendix389 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/TotalLiabilityAmt0183578
IRS990ScheduleD/TotalRevenuePerForm990Amt03607376
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03607376
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03237613
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IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
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IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL RECEIVES MONTHLY PAYMENTS AND GRANTS FROM THE STATE OF ARIZONA BASED ONTHE NUMBER O STUDENTS ENROLLED AND ATTENDING. THE SCHOOL ALSO RECEIVES FEDERAL GRANTS PASSED THROUGH THE STATE OF ARIZONA AND THE DEPARTMENT OF EDUCATION. THESE FUNDS ARE IN ACCORDANCE WITH THE REQUIREMENTS SET FORTH BY THE GRANT AGREEMENTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc06a
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR REVIEWS AND APPROVES FORM 990PRIOR TO FILING AND MAKES IT AVAILABLE TO THE BOARD FOR REVIEW AFTER FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS REVIEW AND DOCUMENT THE CONFLICT OFINTEREST POLICY ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL COMPENSATION IS REVIEWED AND APPROVED BY THE BOARDAFTER COMPARISONS TO SIMILAR COMPENSATION IN LIKE BUSINESSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL PUBLIC DOCUMENTS ARE MADE AVAILABLE UPON WRITTENREQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE STATE OF ARIZONA DOES NOT REQUIRE A COPY OF FORM990 FOR SCHOOLS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 17
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IRS990/TotalContributionsAmt03585817
IRS990/TotalEmployeeCnt041
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0603902
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02633711
IRS990/TotalFunctionalExpensesGrp/TotalAmt03237613
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0961190
IRS990/TotalLiabilitiesEOYAmt0761557
IRS990/TotalLiabilitiesGrp/BOYAmt0961190
IRS990/TotalLiabilitiesGrp/EOYAmt0761557
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0205399
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0575162
IRS990/TotalProgramServiceExpensesAmt02633711
IRS990/TotalProgramServiceRevenueAmt021559
IRS990/TotalReportableCompFromOrgAmt0160128
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03607376
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01166589
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01336719
IRS990/TravelGrp/ManagementAndGeneralAmt07885
IRS990/TravelGrp/TotalAmt07885
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0205399
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0575162
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02701 W BETHANY HOME ROAD
IRS990/USAddress/CityNm0PHOENIX
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085017
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.SYNERGYPUBLICSCHOOLS.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MELISSA MCKINSEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SYNERGY PUBLIC SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0SYNE
ReturnHeader/Filer/EIN0810695212
ReturnHeader/Filer/USAddress/AddressLine1Txt02701 W BETHANY HOME RD
ReturnHeader/Filer/USAddress/CityNm0PHOENIX
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd085017
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId099FBFA2C02AA3002149CE40CC87E9720592EBAE7
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A848EB3773DA87FAAA9EE2A9B8A912B45E6DC73F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.161.251.79
ReturnHeader/FilingSecurityInformation/IPDt02020-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0MS
ReturnHeader/FilingSecurityInformation/IPTm016:34:19
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Holcomb & Shreeve PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03050 E Irwin Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mesa
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085204
ReturnHeader/PreparerPersonGrp/PhoneNum04809634234
ReturnHeader/PreparerPersonGrp/PreparationDt02020-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kristopher K Holcomb
ReturnHeader/ReturnTs02020-05-15T10:29:33-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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