Synergy Resource Group in Grand Rapids, Michigan (MI)

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Synergy Resource Group
Employer Identification Number (EIN)204909513
Name of OrganizationSynergy Resource Group
In Care of NameBruce A Huseby
Address2278 Burton Pointe Blvd Se, Grand Rapids, MI 49546-6470
SubsectionCharitable Organization
Ruling Date06/2007
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2010
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$88,847
Amount of Income$198,504
Form 990 Revenue Amount$198,504
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Public Foundations


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Amount of income in 2010: $198,504
Synergy Resource Group: 

 $198,504
Other organizations performing similar types of work: 

 $72,555

Assets in 2010: $88,847
This organization: 

 $88,847
Other organizations performing similar types of work: 

 $57,505

Expenses in 2007: $158,546
Synergy Resource Group: 

 $158,546
Other organizations performing similar types of work: 

 $906,717

Income to expenses ratio in 2007: 1.2
This organization: 

 1.2
Other organizations performing similar types of work: 

 1.3

Expenses allocated to program services in 2007: 98.3%
Synergy Resource Group: 

 98.3%
Other organizations performing similar types of work: 

 82.1%

Grants share in income in 2007: 99.0%
Synergy Resource Group: 

 99.0%
Other organizations performing similar types of work: 

 68.0%

Financial snapshot ($)

Revenue for 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20062007
Total revenue$71,898$196,580
Contributions, gifts, grants, and similar amounts received$71,716$194,675
Contributions to donor advised funds$0$0
Direct public support$0$194,675
Indirect public support$0$0
Government contributions (grants)$0$0
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$0$1,905
Dividends and interest from securities$0$0
Net rental income or (loss)$0$0
Gross rents$0$0
Less: rental expenses$0$0
Other investment income$0$0
Gain or (loss) from sales of assets other than inventory$0$0
Gross amount from sales of assets other than inventory$0$0
Less: cost or other basis and sales expenses$0$0
Net income or (loss) from special events and activities$0$0
Gross revenue$0$0
Less: direct expenses other than fundraising expenses$0$0
Gross profit or (loss) from sales of inventory$0$0
Gross sales of inventory, less returns and allowances$0$0
Less: cost of goods sold$0$0
Other revenue$0$0
Total expenses$34,896$158,546
Program services$0$155,826
Management and general$0$2,720
Fundraising$0$0
Payments to affiliates$0$0
Net assets or fund balances at end of year$37,002$75,036
Excess or (deficit) for the year$37,002$38,034
Net assets or fund balances at beginning of year$0$37,002
Other changes in net assets or fund balances$0$0
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$158,546$155,826$2,720$0
Grants paid from donor advised funds$0
Other grants and allocations$147,280
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$0$0$0$0
Supplies$0$0$0$0
Telephone$416$0$416$0
Postage and shipping$368$0$368$0
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$0$0$0$0
Travel$9,247$8,546$701$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$1,235$0$1,235$0
Balance Sheets
20062007
Total assets$37,002$75,036
Cash - non-interest-bearing$0$75,036
Savings and temporary cash investments$0$0
Accounts receivable less allowance for doubtful accounts$0$0
Pledges receivable less allowance for doubtful accounts$0$0
Grants receivable$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$0$0
Investments - publicly-traded securities$0$0
Investments - other securities$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0
Investments - other$0$0
Land, buildings, and equipment less accumulated depreciation$0$0
Other assets, including program-related investments$0$0
Total liabilities$0$0
Accounts payable and accrued expenses$0$0
Grants payable$0$0
Deferred revenue$0$0
Loans from officers, directors, trustees, and key employees$0$0
Tax-exempt bond liabilities$0$0
Mortgages and other notes payable$0$0
Other liabilities$0$0
Total liabilities and net assets/fund balances$0$75,036
Total net assets or fund balances$37,002$75,036
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20062007
Total revenue$0$0
Total revenue, gains, and other support per audited financial statements$0$0
Other expenses$0$0
Net unrealized gains on investments$0$0
Donated services and use of facilities$0$0
Recoveries of prior year grants$0$0
Other$0$0
Other revenue$0$0
Investment expenses$0$0
Other$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20062007
Total expenses$0$0
Total expenses and losses per audited financial statements$0$0
Other revenue$0$0
Donated services and use of facilities$0$0
Prior year adjustments$0$0
Losses$0$0
Other$0$0
Other expenses$0$0
Investment expenses$0$0
Other$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings4
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?Yes
Does the organization have a written conflict of interest policy?No
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$0$0
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
20052006
Total$0$71,898
Gifts, grants, and contributions received$0$71,716
Membership fees received$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$182
Net income from unrelated business activities not included above$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0
Other income$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Goldman Sachs Charitable Gift Fund200 West St 29th Fl, New York, NY 10282-2102NY2008-01$559,232,653
2Goldman Sachs Philanthropy Fund30 Hudson St 15th Fl, Jersey City, NJ 07302-4600NJ2001-08$513,097,349
3San Francisco Foundation225 Bush St Ste 500, San Francisco, CA 94104-4224CA2002-09$406,856,575
4Pew Charitable Trusts, Plan 08150 08151 08152One Commerce Square 2005 Market St, Philadelphia, PA 19103PA2003-04$304,980,480
5Golden L E A F Long-Term Economic Advancement Foundation Inc301 N Winstead Ave, Rocky Mount, NC 27804-2228NC2000-12$132,936,755
6University Of Cincinnati FoundationPO BOX 19970, Cincinnati, OH 45219-0970OH1977-02$116,930,707
7W W Caruth Jr FoundationPO BOX 831041, Dallas, TX 75283-1041TX1975-05$101,101,437
8Grand Action Foundation120 Lyon Nw Waters Bldg, Grand Rapids, MI 49503-2491MI1994-04$1,443,144
9Stephens Children Foundation Inc3755 36th Street Se, Grand Rapids, MI 49512-3146MI1996-05$1,091,163
10Synergy Resource Group2278 Burton Pointe Blvd Se, Grand Rapids, MI 49546-6470MI2007-06$198,504
11Communtiy Foundation Of The Holland Zeeland Area70 W 8th St Ste 100, Holland, MI 49423-3166MI1952-09$4,193,256
12Comerica Charitable Tr101 N Main St Ste 100, Ann Arbor, MI 48104-5515MI2006-06$4,083,669
13King Trust Charitable Gift FundPO BOX 580, Spring Arbor, MI 49283-0580MI2000-05$2,046,281
14Purtan Family Ovarian Cancer Research Foundation6208 Rue Du Lac, W Bloomfield, MI 48323-1451MI2000-04$1,918,786
15Clothide R Smith Charitable Foundation26211 Central Park Blvd Ste 300, Southfield, MI 48076-4158MI1998-01$1,692,905
16Rose Hill Foundation3707 West Maple Road, Bloomfield Hills, MI 48301-3212MI2003-09$1,529,830
17Kenneth E Lindsay Foundation TrPO BOX 75000, Detroit, MI 48275-3302MI2003-05$1,041,741
18Greater Flint Orthodox Endowment Fund Inc110 W Court St, Flint, MI 48502-1110MI2004-01$1,012,190
19Community Link Foundation IncPO BOX 2389, Ann Arbor, MI 48106-2389MI2001-11$704,794
20David Wolcott Kendall Memorial School Foundation17 Fountain St Nw, Grand Rapids, MI 49503-3002MI1996-11$534,886
21Luhtanen Howes Charitable Foundation Inc40536 N Northville Trl, Northville, MI 48168-3244MI2000-01$531,122
22Michigan Statewide Independent Living Corporation, Silc Inc417 Seymour Ave Ste 10, Lansing, MI 48933-1143MI2001-08$486,842
23Emerging Technology Center Of Kalamazoo Valley Community CollegePO BOX 4070, Kalamazoo, MI 49003-4070MI2008-01$410,189
24Im Charities IncPO BOX 158, Iron Mountain, MI 49801-0158MI1999-03$398,625
25Delta Service Through Detroit Foundation IncPO BOX 441921, Detroit, MI 48244-1921MI1999-04$348,868
26Fallen & Wounded Soldiers Fund IncPO BOX 33099, Bloomfld Hls, MI 48303-3099MI2006-11$281,451
27Kirk P Dyer Foundation2076 Reagan Dr, Rochester Hls, MI 48309-2978MI2001-05$275,165
28Conrad Charitable Foundation504 W Dunlap St, Northville, MI 48167-1409MI2002-01$258,031
29Kalis Cure For Paralysis Foundation Inc5475 Blue Heron Dr, Alma, MI 48801-9590MI2008-09$256,079
30Drug Treatment Court Foundation Of Kalamazoo CountyPO BOX 50587, Kalamazoo, MI 49005-0587MI2003-04$251,176
Number of organizations performing similar types of work
Alaska22
Alabama133
Arkansas71
Arizona220
California1,254
Colorado244
Connecticut167
District of Columbia84
Delaware46
Florida727
Georgia320
Hawaii46
Iowa115
Idaho47
Illinois467
Indiana182
Kansas94
Kentucky118
Louisiana115
Massachusetts356
Maryland252
Maine45
Michigan340
Minnesota207
Missouri233
Mississippi43
Montana49
North Carolina291
North Dakota31
Nebraska83
New Hampshire69
New Jersey458
New Mexico52
Nevada59
New York985
Ohio447
Oklahoma128
Oregon157
Pennsylvania387
Rhode Island46
South Carolina132
South Dakota31
Tennessee180
Texas735
Utah98
Virginia327
Vermont31
Washington242
Wisconsin165
West Virginia47
Wyoming31
International22
Total11,231

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