Symerge

Nonprofit profile at a glance

EIN
263884911
IRS 990-EZ coverage
2020–2021
Forms available
Form 990-EZ 2021
Location
Rochester, NY, USA
Phone
8777267267
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Music Groups, Bands, Ensembles

Official website

Reported finances

Revenue
$80,662
Expenses
$136,482
Assets
$435,115
Liabilities
$843,642

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Kyle Bultman (President CEO)
  • Barbara Hill (Vice President)

People named in this filing

  • Kyle Bultman (President CEO)
  • Beth Bultman (Secretary Program Director)
  • Barbara Hill (Vice President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Creativity music training.

What it reported doing in 2021

Travel Logistics Experimented with new travel logistics. Conclusion was to shutter point-to-point tours in favor of a homebase, plus eventual satellite bases with multiple programs run-outs. No clients served research only

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 25
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -69.2%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 3.19; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 1.94; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 99.8%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: -67.7% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: -23.8% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: 84.4% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $197K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2020 to 2021
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 10/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.