Synthase Inc

Nonprofit profile at a glance

EIN
873497572
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024
Location
Naples, FL, USA
Rating confidence
Limited
Sector
Health Support Services

Reported finances

Revenue
$188,649
Expenses
$90,425
Assets
$38,433
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Jackie Kendrick (President-CEO-Chairperson)
  • Joe Killian (Vice President-Vice Chairperson)

People named in this filing

  • Jackie Kendrick (President-CEO-Chairperson)
  • Joe Killian (Vice President-Vice Chairperson)
  • Pauline Taylor (Treasurer)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To unify not-for profit Hospice organizations to establish scale in census patients and geography while maintaining autonomy and independence. The collaborative will demonstrate size value and positive patient outcomes and be more appealing than a single provider with geography but poor patient outcomes.

What it reported doing in 2024

The sole purpose of the organization to review all members major expenses and provide advantageous payor negotiations for group purchasing at scale with vendors.

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 64
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 52.1%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 0.43; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 31%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 150% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 95.3% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 72.6% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.