SYNERGY ACADEMIES: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: SYNERGY ACADEMIES (EIN 20-0672173)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-03-24
IRS object ID: 201440839349300014
Schema version: 2012v2.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule E
Schedule G
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-03-24T12:15:09-05:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	VICENTI LLOYD & STUTZMAN	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	2210 E ROUTE 66 STE 100	AddressLine1
City	GLENDORA	City
State	CA	State
ZIP Code	917404676	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	200672173	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	SYNERGY ACADEMIES	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	SYNE	NameControl
Phone	3232357960	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 78999	AddressLine1
City	LOS ANGELES	City
State	CA	State
ZIP Code	90016	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	CHRISTINA VOGEL	Name
Title	TREASURER	Title
Phone	3232357960	Phone
Date Signed	2014-03-18	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DERRICK DEBRUYNE CPA	Name
Phone	6268577300	Phone
Date Prepared	2014-03-18	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Doing Business As DoingBusinessAs

Field	Value	IRS element (for citing)
Business Name Line1	SYNERGY CHARTER ACADEMY SYNERGY	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	CHRISTINA VOGEL	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 78999	AddressLine1
City	LOS ANGELES	City
State	CA	State
ZIP Code	90016	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	10584176	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.WEARESYNERGY.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2004	YearFormation
State Legal Domicile	CA	StateLegalDomicile
Activity Or Mission Description	SYNERGY ACADEMIES' MISSION IS TO CREATE AND SHARE SOLUTIONS THAT ELIMINATE THE ACHIEVEMENT GAP. SYNERGY CREATES AND SHARES SOLUTIONS THROUGH THE OPERATION OF URBAN PUBLIC CHARTER SCHOOLS IN SOUTH LOS ANGELES THAT IMPLEMENT A HOLISTIC APPROACH TO EDUCATION, BELIEVE IN COLLECTIVE ACCOUNTABILITY, AND SHARE BEST PRACTICES THROUGH PROFESSIONAL COLLABORATION.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	9	NbrIndependentVotingMembers
Total Nbr Employees	111	TotalNbrEmployees
Total Nbr Volunteers	15	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	9681122	ContributionsGrantsPriorYear
Contributions Grants Current Year	10468964	ContributionsGrantsCurrentYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	4462	InvestmentIncomePriorYear
Investment Income Current Year	2687	InvestmentIncomeCurrentYear
Other Revenue Prior Year	51367	OtherRevenuePriorYear
Other Revenue Current Year	101016	OtherRevenueCurrentYear
Total Revenue Prior Year	9736951	TotalRevenuePriorYear
Total Revenue Current Year	10572667	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	4553741	SalariesEtcPriorYear
Salaries Etc Current Year	5303612	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	50607	TotalFundrsngExpCurrentYear
Other Expense Prior Year	2771825	OtherExpensePriorYear
Other Expenses Current Year	3332860	OtherExpensesCurrentYear
Total Expenses Prior Year	7325566	TotalExpensesPriorYear
Total Expenses Current Year	8636472	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	2411385	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	1936195	RevenuesLessExpensesCY
Total Assets BOY	5533080	TotalAssetsBOY
Total Assets EOY	7388546	TotalAssetsEOY
Total Liabilities BOY	764840	TotalLiabilitiesBOY
Total Liabilities EOY	684111	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	4768240	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	6704435	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	SYNERGY ACADEMIES' MISSION IS TO CREATE AND SHARE SOLUTIONS THAT ELIMINATE THE ACHIEVEMENT GAP. SYNERGY CREATES AND SHARES SOLUTIONS THROUGH THE OPERATION OF URBAN PUBLIC CHARTER SCHOOLS IN SOUTH LOS ANGELES THAT IMPLEMENT A HOLISTIC APPROACH TO EDUCATION, BELIEVE IN COLLECTIVE ACCOUNTABILITY, AND SHARE BEST PRACTICES THROUGH PROFESSIONAL COLLABORATION.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	6845551	Expense
Description	PUBLIC CHARTER SCHOOLS SERVICING GRADES K-5, 6-8, AND 9-12.	Description
Total Program Service Expense	6845551	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	11	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	111	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	9	NumberIndependentVotingMembers
Family Or Business Relationship	true	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	CA	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	SYNERGY ACADEMIES	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	3232357960	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 78999	AddressLine1
City	LOS ANGELES	City
State	CA	State
ZIP Code	90016	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (12 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
JENNY PENA
MEMBER	2.00	X	0	0	0
MASAKO CARPENTER
MEMBER	2.00	X	0	0	0
JARED SOPKO
MEMBER	2.00	X	0	0	0
JOANN KOPLIN
MEMBER	2.00	X	0	0	0
ASHWIN VASAVADA
CHAIR	2.00	X	0	0	0	X
ERIC MEDINA
VICE CHAIR	2.00	X	0	0	0	X
BRIAN HOLMAN
MEMBER	2.00	X	0	0	0
JOSE GARCIA
MEMBER	2.00	X	0	0	0
DAVID HYUN
MEMBER	2.00	X	0	0	0
MARGARET PALISOC
CHIEF EXECUT	40.00		99087	0	12447	X
RANDOLPH PALISOC
CHIEF ACHIEV	40.00		99037	0	12524	X
CHRISTINA VOGEL
DIRECTOR OF	40.00		4067	0	8584	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	202191	TotalReportableCompFromOrg
Total Other Compensation	33555	TotalOtherCompensation
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Government Grants	10284724	GovernmentGrants
All Other Contributions	184240	AllOtherContributions
Total Contributions	10468964	TotalContributions

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	2687	TotalRevenueColumn
Exclusion	$2,687	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	41793	GrossIncomeFundraisingEvents
Fundraising Direct Expenses	11509	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	30284	TotalRevenueColumn
Exclusion	$30,284	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	OTHER REVENUE	Description
Total Revenue Column	70732	TotalRevenueColumn
Related Or Exempt Function Income	70732	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	70732	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	10572667	TotalRevenueColumn
Related Or Exempt Function Income	70732	RelatedOrExemptFunctionIncome
Exclusion	$32,971	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	278219	Total
Program Services	140577	ProgramServices
Management And General	137642	ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	4081821	Total
Program Services	3357465	ProgramServices
Management And General	678935	ManagementAndGeneral
Fundraising	45421	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	346765	Total
Program Services	280342	ProgramServices
Management And General	66423	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	489275	Total
Program Services	408203	ProgramServices
Management And General	75886	ManagementAndGeneral
Fundraising	5186	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	107532	Total
Program Services	49388	ProgramServices
Management And General	58144	ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	430811	Total
Program Services	342512	ProgramServices
Management And General	88299	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	52828	Total
Management And General	52828	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	14984	Total
Management And General	14984	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	371319	Total
Program Services	193840	ProgramServices
Management And General	177479	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	410636	Total
Program Services	266432	ProgramServices
Management And General	144204	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	79302	Total
Program Services	59476	ProgramServices
Management And General	19826	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	495302	Total
Program Services	483790	ProgramServices
Management And General	11512	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	23831	Total
Program Services	5005	ProgramServices
Management And General	18826	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	8883	Total
Program Services	8883	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	25302	Total
Program Services	25302	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	49002	Total
Program Services	25480	ProgramServices
Management And General	23522	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
OTHER EXPENSES	582472	492253	90219
SPECIAL EDUCATION	287941	287941
AFTER-SCHOOL PROGRAMS	262500	262500
TEXTBOOKS	156162	156162

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	81585	Total
Management And General	81585	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	8636472	Total
Program Services	6845551	ProgramServices
Management And General	1740314	ManagementAndGeneral
Fundraising	50607	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	60181	BOY
EOY	60931	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	2495583	BOY
EOY	3606932	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	2857142	BOY
EOY	3544344	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	71992	BOY
EOY	121841	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	273465	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	218967	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	48182	BOY
EOY	54498	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	5533080	BOY
EOY	7388546	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	428791	BOY
EOY	439813	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	336049	BOY
EOY	244298	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	764840	BOY
EOY	684111	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	4626729	BOY
EOY	6623505	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	141511	BOY
EOY	80930	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	4768240	BOY
EOY	6704435	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	5533080	BOY
EOY	7388546	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	1936195	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii

Schedule D IRS990ScheduleD

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	273465	OtherCostOrOtherBasis
Depreciation	218967	Depreciation
Book Value	54498	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	54498	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	PAYROLL LIABILITIES	Description
Amount	$244,298	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	244298	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	10596893	TotRevenueEtcAuditedFinclStmt
Other Revenues	24226	OtherRevenues
Revenue Not Rptd F990	24226	RevenueNotRptdF990
Revenue Subtotal	10572667	RevenueSubtotal
Total Revenue Per Form990	10572667	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	8660698	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	24226	OtherExpensesIncluded
Expenses Not Rptd F990	24226	ExpensesNotRptdF990
Expenses Subtotal	8636472	ExpensesSubtotal
Total Expenses Per Form990	8636472	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
LIABILITY UNDER FIN 48 FOOTNOTE	SCHEDULE D, PAGE 3, PART X	SYNERGY IS A NON-PROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. SYNERGY HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED ARE RELATED TO ITS CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE ARE UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. SYNERGY FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF CALIFORNIA. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY.
REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 2D	FUNDRAISING EXPENSE 24,226
EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER	SCHEDULE D, PAGE 4, PART XII, LINE 2D	FUNDRAISING EXPENSE 24,226

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	true	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	true	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	true	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	true	MaintRacialCompositionRecords
Maint Scholarships Records	true	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	true	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	true	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	false	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	false	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	false	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	false	DiscriminateRaceScholarships
Discriminate Race Educ Policies	false	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	false	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	false	DiscriminateRaceOtherActy
Government Financial Aid Received	true	GovernmentFinancialAidReceived
Government Financial Aid Revoked	false	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
PUBLICATION OF NONDISCRIMINATORY POLICY IN MEDIA EXPLANATION	SCHEDULE E LINE 3	SYNERGY ACADEMIES MAKES ITS NONDISCRIMINATORY POLICY KNOWN THROUGH THEIR WEBSITE AND ON THE STUDENTS APPLICATIONS SYNERGY DRAWS ITS STUDENTS FROM THE LOCAL COMMUNITY AND CURRENTLY ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS 925 LATINO 7 AFRICANAMERICAN AND 5 OTHER
FINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATION	SCHEDULE E LINE 6	AS A CHARTER SCHOOL SYNERGY ACADEMIES WILL RECEIVE A PER ADA FEE FROM THE CALIFORNIA DEPARTMENT OF EDUCATION FOR EVERY PUPIL ATTENDING THE SCHOOL ADDITIONALLY SYNERGY ACADEMIES IS ELIGIBLE FOR LOCAL STATE AND FEDERAL PROGRAMS AND CALIFORNIA LOTTERY FUNDS

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	WASHINGTON DC	NameOfEvent1
Gross Receipts Event1	14447	GrossReceiptsEvent1
Gross Revenue Event1	14447	GrossRevenueEvent1
Name Of Event2	CHEESECAKE FUND	NameOfEvent2
Gross Receipts Event2	8767	GrossReceiptsEvent2
Gross Revenue Event2	8767	GrossRevenueEvent2
Other Direct Expenses Event2	1123	OtherDirectExpensesEvent2
Total Number Of Other Events	14	TotalNumberOfOtherEvents
Gross Receipts Other Events	18579	GrossReceiptsOtherEvents
Gross Revenue Other Events	18579	GrossRevenueOtherEvents
Other Direct Expenses Other Events	10386	OtherDirectExpensesOtherEvents
Gross Receipts Total	41793	GrossReceiptsTotal
Gross Revenue Total Events	41793	GrossRevenueTotalEvents
Other Direct Expenses Total Events	11509	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	11509	DirectExpenseSummaryEvents
Net Income Summary	30284	NetIncomeSummary

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
DOING BUSINESS AS	FORM 990, PAGE 1, ITEM C	KINETIC ACADEMY AND SYNERGY QUANTUM ACADEMY
ORGANIZATION'S MISSION	FORM 990 - ORGANIZATION'S MISSION	SYNERGY ACADEMIES' MISSION IS TO CREATE AND SHARE SOLUTIONS THAT ELIMINATE THE ACHIEVEMENT GAP. SYNERGY CREATES AND SHARES SOLUTIONS THROUGH THE OPERATION OF URBAN PUBLIC CHARTER SCHOOLS IN SOUTH LOS ANGELES THAT IMPLEMENT A HOLISTIC APPROACH TO EDUCATION, BELIEVE IN COLLECTIVE ACCOUNTABILITY, AND SHARE BEST PRACTICES THROUGH PROFESSIONAL COLLABORATION.
RELATED PARTY INFORMATION AMONG OFFICERS	FORM 990, PAGE 6, PART VI, LINE 2	MARGARET PALISOC RANDOLPH PALISOC CEO/FOUNDER CAO/FOUNDER HUSBAND AND WIFE
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	THE RETURN IS INITIALLY REVIEWED BY MANGEMENT AND THEN REVIEWED BY THE BOARD PRIOR TO FILING THE RETURN.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	SYNERGY'S OFFICERS, DIRECTORS OR TRUSTEES, AND KEY EMPLOYEES COMPLETE FORM 700 EACH YEAR TO PUBLICLY DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. FORM 700 IS A PUBLIC DOCUMENT, AND COPIES ARE RETAINED AT SYNERGY ACADMIES AND THE ORIGINALS ARE MAINTAINED BY THE LOS ANGELES UNIFIED SCHOOL DISTRICT.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	SYNERGY ACADMIES HAS A COMPENSATION POLICY IN WHICH NO MANAGMENT OFFICAL INCLUDING DIRECTORS AND KEY EMPLOYEES MAY BE COMPENSATED WITHOUT BOARD APPROVAL. IN ADDITION, THE REASONABLENESS OF COMPENSATION WILL BE REVIEWED TO COMPARABLE DATA AND THE DELIBERATION AND DECISION OF THE REASONABLENESS OF THE COMPENSATION WILL BE DOCUMENTED IN THE CORPORATE MINUTE BOOKS. THIS PROCESS WILL REVIEW THE FAIRNESS OF ANY COMPENSATION TO THESE TOP MANAGEMENT OFFICALS UPON THEIR HIRE OR CHANGE IN COMPENSATION.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	SEE ABOVE EXPLANATION.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	THE SCHOOL PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST.
RECONCILIATION OF CHANGES - OTHER	FORM 990, PART XI, LINE 9	FUNDRAISING EXPENSE 24,226 FUNDRAISING EXPENSE -24,226

SYNERGY ACADEMIES: Form 990, tax year 2012

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990 IRS990

Doing Business As DoingBusinessAs

Address Principal Officer US AddressPrincipalOfficerUS

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Address US AddressUS

Form990 Part VII Section A Form990PartVIISectionA (12 entries)

Investment Income InvestmentIncome

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Other Revenue Misc OtherRevenueMisc

Total Revenue TotalRevenue

Comp Current Officers Directors CompCurrentOfficersDirectors

Other Salaries And Wages OtherSalariesAndWages

Pension Plan Contributions PensionPlanContributions

Other Employee Benefits OtherEmployeeBenefits

Payroll Taxes PayrollTaxes

Fees For Services Management FeesForServicesManagement

Fees For Services Legal FeesForServicesLegal

Fees For Services Accounting FeesForServicesAccounting

Fees For Services Other FeesForServicesOther

Office Expenses OfficeExpenses

Information Technology InformationTechnology

Occupancy Occupancy

Travel Travel

Conferences Meetings ConferencesMeetings

Depreciation Depletion DepreciationDepletion

Insurance Insurance

Other Expenses OtherExpenses (4 entries)

All Other Expenses AllOtherExpenses

Total Functional Expenses TotalFunctionalExpenses

Cash Non Interest Bearing CashNonInterestBearing

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Accounts Receivable AccountsReceivable

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Total Assets TotalAssets

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Other Liabilities OtherLiabilities

Total Liabilities TotalLiabilities

Unrestricted Net Assets UnrestrictedNetAssets

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FS Audited Basis FSAuditedBasis

Schedule A IRS990ScheduleA

Schedule D IRS990ScheduleD

Equipment Equipment

Other Liabilities OtherLiabilities

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)

Schedule E IRS990ScheduleE

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

Schedule G IRS990ScheduleG

Events Information EventsInformation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

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