Synergy Academies
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,939,880 | 4,893,995 | 1,045,885 | 5.8 | 45% |
| 2012 | 9,736,951 | 7,325,566 | 2,411,385 | 7.8 | 52% |
| 2013 | 10,572,667 | 8,636,472 | 1,936,195 | 9.3 | 50% |
| 2014 | 12,085,563 | 10,462,353 | 1,623,210 | 9.6 | 54% |
| 2015 | 13,879,884 | 12,950,291 | 929,593 | 8.6 | 50% |
| 2016 | 16,478,011 | 15,440,893 | 1,037,118 | 8.0 | 48% |
| 2017 | 17,023,101 | 15,803,105 | 1,219,996 | 8.7 | 53% |
| 2018 | 17,526,220 | 16,182,648 | 1,343,572 | 9.5 | 52% |
| 2019 | 18,415,183 | 17,188,365 | 1,226,818 | 9.8 | 49% |
| 2020 | 18,663,937 | 17,150,093 | 1,513,844 | 10.9 | 53% |
| 2021 | 19,751,709 | 17,179,287 | 2,572,422 | 12.7 | 51% |
| 2022 | 21,618,793 | 19,909,661 | 1,709,132 | 12.0 | 53% |
| 2023 | 25,797,227 | 23,980,688 | 1,816,539 | 10.8 | 50% |
In its most recent public year (2023), this organization brought in $1,816,539 more than it spent. Its reserves stood at about 10.8 months of spending, up from 5.8 in 2011. Staff pay was 50% of spending. $58,286 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Synergy Academies's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works