Civic Intelligence

Synapse Human Performance Centers Inc.

990 • Fiscal year 2024 • EIN 84-2933777

Sep 01, 2023 to Aug 31, 2024 • Filed on Jul 02, 2025

2540 Walnut Hill LnDallas, TX 75229

(972) 438-6932

Siviq Scores

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

Liabilities / Assets

99th percentile

16.08x

Higher debt load relative to assets than 99% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

21.63x

Higher debt load relative to revenue than 99% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

2nd percentile

-734%

Higher net margin than 2% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2024

Asset Growth

93rd percentile

102%

Faster asset growth than 93% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

238%

Faster revenue growth than 97% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$412,567

Up $208,295 (+102%) from 2023

Net Assets

Down

-$6,220,905

Down $2,252,152 (-57%) from 2023

Liabilities

Up

$6,633,472

Up $2,460,447 (+59%) from 2023

Revenue

Up

$306,713

Up $215,992 (+238%) from 2023

Expenses

Up

$2,558,865

Up $1,042,310 (+69%) from 2023

Net Income

Down

-$2,252,152

Down $826,318 (-58%) from 2023

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0M-$10MAssets 2023: $204,272Liabilities 2023: $4,173,025Net Assets 2023: -$3,968,7532023Assets 2024: $412,567Liabilities 2024: $6,633,472Net Assets 2024: -$6,220,9052024

Highlighted filing

2024

Assets$412,567
Liabilities$6,633,472
Net Assets-$6,220,905

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2023: $90,721Expenses 2023: $1,516,555Net Income 2023: -$1,425,8342023Revenue 2024: $306,713Expenses 2024: $2,558,865Net Income 2024: -$2,252,1522024

Highlighted filing

2024

Revenue$306,713
Expenses$2,558,865
Net Income-$2,252,152
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jul 2, 2025
Return Version
2023v6.0
Gross Receipts
$306,713
Mission and Program Overview

Mission

The mission of synapse dba parker performance institute is to empower our clients to reach their full performance potential through transformative and innovative therapeutic programs that integrate state-of-the-art musculoskeletal and neurological treatments. Beyond the goal of healing injuries, our intent is to accelerate recovery, improve function, and boost performance.

The main purpose of synapse human performance centers is to be a revolutionary force in health and wellness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$203,186$400,654▲ $197,468
Accounts Receivable$1,086$11,913▲ $10,827
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net-$0-
Loans From Officers Directors-$0-
Total Assets$204,272$412,567▲ $208,295
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$4,173,025$6,633,472▲ $2,460,447
Total Liabilities$4,173,025$6,633,472▲ $2,460,447
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-3,968,753$-6,220,905▼ $2,252,152
Total Net Assets Fund Balance$-3,968,753$-6,220,905▼ $2,252,152
Total Liabilities and Net Assets / Fund Balance$204,272$412,567▲ $208,295
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Celia Maguire DCAssistant Secretary--$124,528$124,528
Paul C Harris MDChairmanFT$114,000-$114,000

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Baylor Healthcare SystemRentPO Box 8840, Carol Stream, IL 60197-8840$536,283
Google (XXVI Holdings Inc)Marketing1600 Ampitheatre Parkway, Mountain View, CA 94043$407,067
Runner AgencyMarketing3309 Elm St Ste 207, Dallas, TX 75226$132,668
Oliver R Smith JrConsulting9504 Desert Hills Ln, El Paso, TX 79225-6702$120,679
Katten Muchin Rosenman LLPLegal2900 K Street NW Tower Ste 200, Washington, DC 20007-5118$102,422
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$306,713
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-2,252,152
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,282,590
Salaries, Compensation, and Employee Benefits$255,775
Grants and Similar Amounts Paid$20,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$774,620$22,400$0$797,020
Occupancy$390,720$97,680-$488,400
Advertising$380,160$95,040-$475,200
Other Salaries and Wages$188,100$47,025-$235,125
Office Expenses$62,422$20,730-$83,152
Information Technology$61,807$15,452-$77,259
Fees for Services Management$48,960$12,240-$61,200
Other Expenses$26,459--$26,459
Grants to Domestic Orgs$20,500--$20,500
Pension Plan Contributions$9,870$2,468-$12,338
Payroll Taxes$6,650$1,662-$8,312
Total Functional Expenses$2,244,168$314,697$0$2,558,865
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Parker UniversityDallas, TX501(c)(3)General Support$20,500
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Intercompany Payable$6,633,472
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3 Delegation of management duties

The organization has a management services agreement with parker university, a related organization. In accordance with the management services agreement, parker provides day-to-day assistance with operations management, administrative tasks, preparation of budgets, staffing plans, recruitment of personnel and other duties. Parker also provides marketing services and clinical personnel and equipment under this agreement. As parker university is a related organization, the names and compensation of the individuals managing synapse under this agreement are reported on part vii.

Form 990, Part VI, Line 6 Classes of members or stockholders

Parker university is the sole member of the organization.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

Parker university, the sole member, has the power to appoint, elect and remove the directors of the synapse board of directors.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

As the sole member of the organization, parker university has the power to do any of the following: (a) adoption of and approval of any alteration, amendment or repeal of the certificate of formation; (b) adoption of and approval of any alteration, amendment or repeal of these bylaws, subject to the approval of a majority of the board of directors; (c) creating or investing in any subsidiary entity; (d) establishing annual operating and capital budgets of the corporation; (e) approval of any expenditure, or agreement leading to an expenditure, not included within an annual operating or capital budget; (f) purchase or acquisition of any real, personal, or mixed property not included within an amount designated in any operating or capital budget; (g) any sale, gift, lease, mortgage or other transfer or encumbrance of any real, personal or mixed property of the corporation; (h) the merger, acquisition, consolidation, liquidation or dissolution of the corporation or any amendment, change, modification or supplement to, or waiver of, any merger, acquisition, consolidation, liquidation, or dissolution; (i) borrowing or lending of money or the creation of indebtedness through the guaranty of another's debt or similar action; (j) any granting or seeking of grants or funds to or from any person; (k) commencement, disposition, termination or settlement of claims or litigation, or of any claim or threat of litigation, not fully reimbursed by third-party insurance; (l) appointment and removal of the officers of the corporation, other than the chairman and the vice chairman (if any) of the board who shall be appointed and removed by the board, and any changes in their duties or responsibilities; (m) creation, ownership or acquisition of, or affiliation with, any other organization; (n) adoption or implementation of any strategic, business, or mission plan of the corporation; (o) the execution of any contract or agreement enforceable against the corporation, whether or not written, including employment contract, any contract to obtain services from independent contractors, or any contract under which the corporation shall provide any services; (p) the change in the corporation's fiscal year; and (q) any other matters with respect to the financial or business operations of the corporation which are not inconsistent with the texas medical practice act, the rules, the amended and restated certificate of formation, section 501(c)(3) of the code or these bylaws. Medical practice act, the rules, the amended and restated certificate of formation, section 501(c)(3) of the code or these bylaws.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The form 990 is reviewed by the synapse board of directors prior to filing. A complete copy is provided to all board members with adequate time for review.

Form 990, Part VI, Line 12C Conflict of interest policy

There is a conflict of interest policy and annually the board members sign a statement that affirms that each person has received a copy of the policy, has read and understands the policy, and agrees to comply with the policy. When a conflict of interest arises, the policy dictates that the interested board member has to leave the room during voting and must abstain from the matter causing the conflict.

Form 990, Part VI, Line 19 Required documents available to the public

The organization's governing documents, conflict of interest policy, and financial statements are made available to the public during the tax year.

Filing and Contact Details

Filer

Filer Name
Synapse Human Performance Centers
EIN
84-2933777
Phone
9724386932
Address
2540 Walnut Hill Ln, Dallas, TX 75229
Doing Business As
Parker Performance Institute

Signing Officer

Name
Jeanne Reese
Title
CFO
Phone
9724386932
Signed
2025-07-02
Discuss with paid preparer
Yes

Organization Details

Formed
2019
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
2
Employees
1
Volunteers
3

Preparer

Firm
Forvis Mazars LLP
Address
14221 Dallas Parkway Suite 400, Dallas, TX 75254
Preparer
Jeanette Verrelli
Phone
9727028262
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G Other Fees

Clinical Personnel - Total Expense: 685020, Program Service Expense: 685020, Management and General Expenses: , Fundraising Expenses: ; Other Medical Services - Total Expense: 112000, Program Service Expense: 89600, Management and General Expenses: 22400, Fundraising Expenses: ;

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The university and its consolidated entities are exempt from federal income taxes except to the extent they have unrelated business income. In addition, there were no uncertain income tax positions during the reporting periods. Accordingly, no tax liability or tax benefit is required under asc 740, income taxes.

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IRS990/MissionDesc0THE MISSION OF SYNAPSE DBA PARKER PERFORMANCE INSTITUTE IS TO EMPOWER OUR CLIENTS TO REACH THEIR FULL PERFORMANCE POTENTIAL THROUGH TRANSFORMATIVE AND INNOVATIVE THERAPEUTIC PROGRAMS THAT INTEGRATE STATE-OF-THE-ART MUSCULOSKELETAL AND NEUROLOGICAL TREATMENTS. BEYOND THE GOAL OF HEALING INJURIES, OUR INTENT IS TO ACCELERATE RECOVERY, IMPROVE FUNCTION, AND BOOST PERFORMANCE.
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IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Jayne Moschella DC
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IRS990ScheduleA/Total509Grp/TotalAmt0397434
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0306713
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
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IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06633472
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Intercompany Payable
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE UNIVERSITY AND ITS CONSOLIDATED ENTITIES ARE EXEMPT FROM FEDERAL INCOME TAXES EXCEPT TO THE EXTENT THEY HAVE UNRELATED BUSINESS INCOME. IN ADDITION, THERE WERE NO UNCERTAIN INCOME TAX POSITIONS DURING THE REPORTING PERIODS. ACCORDINGLY, NO TAX LIABILITY OR TAX BENEFIT IS REQUIRED UNDER ASC 740, INCOME TAXES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote
IRS990ScheduleD/TotalLiabilityAmt06633472
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt020500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Parker University
IRS990ScheduleI/RecipientTable/RecipientEIN0751596658
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02540 Walnut Hill Lane
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Dallas
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0752295609
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Funds are considered to be restricted. As the organization incurs expenses related to the grants, such funds are released from restrictions. Funds and grants are tracked in the organization's records.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.
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IRS990ScheduleI/TotalOtherOrgCnt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt137700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt210000
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10

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