Synergies Work Inc
Nonprofit profile at a glance
- EIN
- 812603676
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-EZ 2021
- Location
- Decatur, GA, USA
- Phone
- 4042595599
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Employment N.E.C.
Reported finances
- Revenue
- $386,485
- Expenses
- $406,339
- Assets
- $229,275
- Liabilities
- $5,275
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Aarti Sahgal (CEO)
Highest reported compensation
- Aarti Sahgal (CEO): $75,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
At Synergies Work, we believe in building one world where people with disabilities belong. Our mission is to unleash the power of entrepreneurship by providing opportunities, breaking barriers, and leveling the playing field.
What it reported doing in 2024
Provided small business owners with resources, mentorship, and training through Igniting Ideas and Blaze Business Accelerator programs. Strengthened our ecosystem where entrepreneurs with disabilities can access networks, expertise, and financial inclusion.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 86
- Accountability: 10
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.7%; rating input score 67
- Program expense ratio: 63.4%; rating input score 63
- Fundraising efficiency: $2.68 raised per $1 spent on fundraising; rating input score 12; 12th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 26th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -5.1%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 0.56; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 39; 39th percentile among comparable filings
- Officer compensation ratio: 18.5%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: 42.8% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 32.8% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 31.9% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 66.7% of revenue deployed · 63.4% of spending went to programs
- Governance: 0 of 7 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $258K in reported program spending
- Leadership: top reported pay $75K · 7 people listed
- Consistency: 26 of 27 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 6 of 8 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 12/100.
- High — Sustainability: Operating margin scored 29/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 21/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 39/100.