Synovation Valley Leadership Academy

Analysis

Synovation Valley Leadership Academy is a registered charity in United States, based in Ord, NE. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Synovation Valley Leadership Academy reported income of $167k and spending of $190k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $195k to $167k (-15%), an average of -14% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Synovation Valley Leadership Academy sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NE. Charities of a similar size with the same main cause include Assistance League of Carlsbad Inc ($167k), GTX Connect ($167k) and New Hope Fire Co the ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.