Overview
What is Synervision Leadership Foundation?
The Synervision Leadership Foundation is a nonprofit organization situated in Lynchburg, Virginia, with a focus on assisting other charitable organizations. Their mission is to help these organizations overcome a scarcity mindset and amplify their individual missions, encouraging their members to engage in community impact efforts that align with their mission of hope and vitality of life. By doing so, the Synervision Leadership Foundation facilitates the acquisition of community resources, including financial support and volunteers, to further the provision of essential social services for those in need.
Official website here: www.synervisionfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Stars
The Synervision Leadership Foundation has received a Two-Star rating from Charity Navigator, based solely on its Accountability & Finance score of 71%. This indicates that while the organization demonstrates some strengths in governance and financial management, there are areas that require improvement. The rating reflects the foundation's commitment to transparency and accountability, with a fully independent board and no reported material diversion of assets.
Strengths of the organization include a high program expense ratio of 94.86%, indicating that the majority of funds are directed toward program services rather than administrative costs. Additionally, the foundation has a complete conflict of interest policy and provides accessible documentation such as board meeting minutes and tax forms on its website. However, it is noted that the organization is lacking a whistleblower policy and a document retention and destruction policy, which are important for maintaining ethical standards and organizational integrity.
Despite its strong performance in certain areas, the foundation's low liability to assets ratio raises concerns about financial stability. This could impact the organization's ability to sustain its operations in the long term, and potential donors may want to consider this aspect before contributing. Overall, while Synervision Leadership Foundation shows promise in accountability and program expenditure, there are notable gaps in governance practices that need to be addressed.
This AI summary has been generated from information found on Charity Navigator.
Is Synervision Leadership Foundation legitimate?
Synervision Leadership Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Synervision Leadership Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.synervisionfoundation.org
What is the mission statement of Synervision Leadership Foundation?
The Synervision Leadership Foundation's mission is to empower churches and non-profit organizations to surpass a scarcity mindset, amplifying their individual missions. This is achieved by encouraging their members to engage both within the organization and in the wider community, contributing to the organization's mission of fostering hope and promoting the vitality of life. The foundation's goal is also to help these non-profits acquire community resources, primarily in the form of financial support and volunteer work, to provide essential social services for those most in need.
Official website here: www.synervisionfoundation.org
Who is the CEO of Synervision Leadership Foundation?
Hugh Ballou is the Managing Dir of Synervision Leadership Foundation.
Official website here: www.synervisionfoundation.org
What is the revenue of Synervision Leadership Foundation?
Synervision Leadership Foundation's revenue in 2020 was $14,514.
Official website here: www.synervisionfoundation.org
Who are the executives of Synervision Leadership Foundation and what are their salaries?
There 1 volunteer at Synervision Leadership Foundation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.synervisionfoundation.org
Where can I find the form 990 for Synervision Leadership Foundation?
Synervision Leadership Foundation's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.synervisionfoundation.org
Learn more at the official website: www.synervisionfoundation.org
Mission Statement of Synervision Leadership Foundation
The Synervision Leadership Foundation is devoted to empowering churches and non-profit organizations to transcend a mindset of scarcity, ultimately magnifying and significantly impacting their individual missions. By equipping these organizations and their members, Synervision encourages them to extend their reach beyond their organization and into the wider community, contributing to the foundation's mission of promoting hope and the vitality of life. The ultimate goal of Synervision is to aid non-profits in harnessing community resources, including both financial and human capital, to provide essential social services for those most in need.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Synervision Leadership Foundation's impact lies in equipping churches and non-profit organizations to move beyond scarcity mentality and magnify the impact of their individual missions. By engaging the people within these organizations and extending their reach into the wider community, Synervision enables non-profits to acquire essential community resources, including funding and volunteers, to deliver vital social services to those most in need. In essence, the foundation empowers organizations to foster hope and vitality in the lives of individuals while building a stronger sense of community support and solidarity.
This information is meant to be a general summary of Synervision Leadership Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Program Service Revenue: $4,190
- Gross Receipts: $14,514
Assets and Liabilities:
- Total Assets: $377
- Total Liabilities: $22,917
- Net Assets: -$22,540
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$4,190
Organization Details
Founding Year
2010
Phone
(540) 250-2593Principal Officer
Hugh Ballou
Main Address
C/O HUGH BALLOU 3766 FORT AVE, LYNCHBURG, VA, 24501
NTEE Category
Code: B90 - Education
If you are a representative of Synervision Leadership Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.