Civic Intelligence

Synergosxp Inc.

990EZ • Fiscal year 2024 • EIN 99-0526913

Jan 01, 2024 to Dec 31, 2024 • Filed on May 23, 2025

58301 Hemminger DrGoshen, IN 46528

(574) 524-5846

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

61st percentile

9.7%

Higher net margin than 61% of similar nonprofits.

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

Top Officer Pay

98th percentile

$100,750

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 63.5% of source-year revenue.

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

$15,355

No earlier filing loaded for comparison.

Net Assets

$15,355

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$158,768

No earlier filing loaded for comparison.

Expenses

$143,413

No earlier filing loaded for comparison.

Net Income

$15,355

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20K$15K$10K$5.0K$0Assets 2024: $15,355Liabilities 2024: $0Net Assets 2024: $15,3552024Assets 2025: $19,660Liabilities 2025: $4,184Net Assets 2025: $15,4762025

Highlighted filing

2024

Assets$15,355
Liabilities$0
Net Assets$15,355

Operations Trend

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

$300K$200K$100K$0Revenue 2024: $158,768Expenses 2024: $143,413Net Income 2024: $15,3552024Revenue 2025: $244,841Expenses 2025: $242,732Net Income 2025: $2,1092025

Highlighted filing

2024

Revenue$158,768
Expenses$143,413
Net Income$15,355
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 23, 2025
Return Version
2024v5.0
Gross Receipts
$166,417
Mission and Program Overview

Mission

Synergosxp partners with overwhelmed pastors and struggling churches to ease their burden of church administration.

This organization equips church pastors with essential administrative and operational management skills not covered in traditional seminary training. Many pastors are unprepared for the organizational demands of leading a church, leading to stress, burnout, and ministry dropout. To address this, the organization provides tailored, short-term support-ranging from 3 to 18 months-through site visits, implementation of systems and processes, and hands-on training. These services empower pastors to manage their churches more effectively and sustainably, freeing them to focus on spiritual leadership. By subsidizing costs through grants and donations, the organization makes these services accessible to smaller churches. It also plans to expand its impact through online resources and educational tools. The ultimate goal is to relieve pastors of administrative burdens and strengthen the long-term health and self-sufficiency of churches.

Program Services

DescriptionGrantsExpenses
SynergosXP (SXP) exists to serve overwhelmed pastors and struggling congregations by easing the administrative burdens that often distract from core pastoral responsibilities. Through remote, fractional executive pastor services, we empower churches-particularly those lacking the budget to hire full-time staff-to implement sustainable systems and processes, freeing pastors to focus on spiritual leadership and community care. Rooted in Ephesians 4, our approach emphasizes equipping local leaders to manage church operations independently, not fostering dependency on SXP. In 2024, SynergosXP partnered with seven churches across the U.S., supporting a combined annual budget of $5.39 million, 50 staff members, and a total of 2,050 weekly attendees. These partnerships included a church-operated daycare serving 70 children daily. SXP provided strategic, cost-effective improvements in HR and financial systems. As a result, six of the seven partner churches saved more money than they spent on SXP services. For example: A church with a $90,000 annual budget saved $18,000 (20% of its total budget) on health benefits, reallocating that funding toward ministry. Our largest partner, based in Iowa, saved $157,000 annually through a comprehensive HR system redesign. These savings enabled churches to reinvest in their missions, staff, and community programs. In addition to cost savings, we trained and empowered internal leaders at each church, ensuring operational sustainability and leadership development beyond our involvement. This year, SynergosXP also deepened its collaboration with the Acts29 church planting network. We supported the launch of four new churches and created a centralized document library of operational templates now accessible to all Acts29 church plants. This resource reduces startup friction and promotes administrative excellence from day one. Looking ahead, we are focused on expanding our financial sustainability. Our goal is to cover operational costs through earned revenue and reserve charitable contributions exclusively for scholarship partnerships with the most under-resourced churches. This ensures that no church in need is left without support, regardless of their financial capacity. SynergosXP continues to measure success not only by dollars saved but by the ministry hours regained, systems stabilized, and leaders equipped to carry their churches forward with confidence.$0$18,069
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Drew RicheyExecutive DirectorFT$90,000$10,750$100,750
Tyler SpringerChairman-$0--
Greg ConradVice Chairman-$0--
Matt KainTreasurer And Secretary-$0--
Mark TaylorBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
An Evening With SynergosXP$10,375$10,375$1,196$9,179
Total Events$10,375$10,375$7,649$2,726
Filing and Contact Details

Filer

Filer Name
Synergosxp Inc
EIN
99-0526913
Phone
5745245846
Address
58301 Hemminger Dr, Goshen, IN 46528

Signing Officer

Name
Drew Richey
Title
Executive Director
Phone
5745245846
Signed
2025-05-23
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^Marketing and Fundraising;15294|Technology;2676|Office Expenses;978|Miscellaneous;8353|One Time Start Up Fees;6064^Total;33365^

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IRS990EZ/PrimaryExemptPurposeTxt0This organization equips church pastors with essential administrative and operational management skills not covered in traditional seminary training. Many pastors are unprepared for the organizational demands of leading a church, leading to stress, burnout, and ministry dropout. To address this, the organization provides tailored, short-term support-ranging from 3 to 18 months-through site visits, implementation of systems and processes, and hands-on training. These services empower pastors to manage their churches more effectively and sustainably, freeing them to focus on spiritual leadership. By subsidizing costs through grants and donations, the organization makes these services accessible to smaller churches. It also plans to expand its impact through online resources and educational tools. The ultimate goal is to relieve pastors of administrative burdens and strengthen the long-term health and self-sufficiency of churches.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SynergosXP (SXP) exists to serve overwhelmed pastors and struggling congregations by easing the administrative burdens that often distract from core pastoral responsibilities. Through remote, fractional executive pastor services, we empower churches-particularly those lacking the budget to hire full-time staff-to implement sustainable systems and processes, freeing pastors to focus on spiritual leadership and community care. Rooted in Ephesians 4, our approach emphasizes equipping local leaders to manage church operations independently, not fostering dependency on SXP. In 2024, SynergosXP partnered with seven churches across the U.S., supporting a combined annual budget of $5.39 million, 50 staff members, and a total of 2,050 weekly attendees. These partnerships included a church-operated daycare serving 70 children daily. SXP provided strategic, cost-effective improvements in HR and financial systems. As a result, six of the seven partner churches saved more money than they spent on SXP services. For example: A church with a $90,000 annual budget saved $18,000 (20% of its total budget) on health benefits, reallocating that funding toward ministry. Our largest partner, based in Iowa, saved $157,000 annually through a comprehensive HR system redesign. These savings enabled churches to reinvest in their missions, staff, and community programs. In addition to cost savings, we trained and empowered internal leaders at each church, ensuring operational sustainability and leadership development beyond our involvement. This year, SynergosXP also deepened its collaboration with the Acts29 church planting network. We supported the launch of four new churches and created a centralized document library of operational templates now accessible to all Acts29 church plants. This resource reduces startup friction and promotes administrative excellence from day one. Looking ahead, we are focused on expanding our financial sustainability. Our goal is to cover operational costs through earned revenue and reserve charitable contributions exclusively for scholarship partnerships with the most under-resourced churches. This ensures that no church in need is left without support, regardless of their financial capacity. SynergosXP continues to measure success not only by dollars saved but by the ministry hours regained, systems stabilized, and leaders equipped to carry their churches forward with confidence.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The organization began operations in 2024 under a fiscal sponsorship agreement with Fiscal Sponsorship Allies. During 2024, it received a total of $155,821 in support. Of this, $47,661 (30.6%) was earned income from program service fees, and the remainder came from public support in the form of charitable contributions. Of the contributed income, $36,642.04 was received through the fiscal sponsor in the form of regranted charitable funds. The organization meets the public support test under section 509(a)(2) for its first year, with a broad base of individual donors and program service revenue. It does not rely on investment income or a small number of large contributors.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1In 2024, the organization operated under a fiscal sponsorship agreement with Fiscal Sponsorship Allies. Under this agreement, Fiscal Sponsorship Allies received tax-deductible donations on behalf of the organization and regranted funds to support its charitable work. This was a temporary relationship during the organization's start-up phase. The organization is now independently applying for recognition of exemption under section 501(c)(3) and does not operate in connection with or under the control of any other organization.
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IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0The listed contribution from Fiscal Sponsorship Allies represents regranted funds collected from multiple individual donors during the organization's fiscal sponsorship arrangement. These funds were received by the fiscal sponsor on behalf of the organization and subsequently disbursed as a series of grants. The organization is now filing independently under its own 501(c)(3) status.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0My understanding was that a tax agency was going to complete this form for me. That did not happen as agreed upon.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Drew Richey
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-23
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ReturnHeader/Filer/EIN0990526913
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ReturnHeader/TaxYr02024

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