Synakos Foundation
- Assets
- $1.7m
- Revenue
- $24.0k
- Investments
- $778.9k
- Employees
- 0
- Location
- Bellingham, WA
- Founding
- 05/2017
- Data as of
- 12/2022
- EIN
- 82-1335901
Organization Overview
Synakos Foundation is located in Bellingham, WA. The organization was established in 2017. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Synakos Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Synakos Foundation generated $24.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (53.6%) each year. All expenses for the organization totaled $172.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Synakos Foundation has awarded 20 individual grants totaling $2,856,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Nadler President | 5 | $0 | |
Jon Nadler Treasurer | 5 | $0 | |
Roland Nadler Secretary | 2 | $0 | |
Ethan Nadler Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,136 |
| Dividends & Interest | $18,860 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,025 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,971 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $621 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,434 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $12,448 |
| Contributions, gifts, grants paid | $160,000 |
| Total expenses and disbursements | $172,448 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $906,092 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,685,017 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Synakos Foundation has awarded $160,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PERFORMANCE SANTA FE PURPOSE: EXPAND REFINE YEAR ROUND EDUCATION OUTREACH PROGRAMS | $25,000 |
WHATCOM HOSPICE FOUNDATION PURPOSE: END-OF LIFE SERVICE BENEFITS FOR HOSPICE CARE | $100,000 |
INTERNATIONAL NEUROETHICS SOCIETY PURPOSE: FACILITATE THE INTEGRATION OF NEWCOMERS TO THE FIELD OF NEUROETHICS | $35,000 |