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Nonprofiteer
← SYNAPSE HUMAN PERFORMANCE CENTERS INC

Form 990 for tax year 2024

Filed by SYNAPSE HUMAN PERFORMANCE CENTERS INC.

Totals

Total revenue
$329,541
Total expenses
$2,421,913
Contributions and grants received
$0
Grants paid
$35,000
Program service revenue
$329,541
Investment income
$0
Other revenue
$0
Total assets, end of year
$861,945
Total liabilities, end of year
$9,175,222
Net assets or fund balances, end of year
-$8,313,277
Program services expenses (Part IX)
$2,176,090
Management and general expenses
$245,823
Fundraising expenses
$0
Program service expenses (Part III)
$2,176,090

Program services were 89.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: Clinic Revenue

    total $329,541 · related or exempt $329,541

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $35,000 · program services $35,000

  • 11a · Fees: management

    total $61,200 · program services $48,960 · management and general $12,240

  • 11g · Fees: other

    total $902,293 · program services $890,893 · management and general $11,400 · fundraising $0

  • 12 · Advertising and promotion

    total $475,200 · program services $380,160 · management and general $95,040

  • 13 · Office expenses

    total $68,617 · program services $47,894 · management and general $20,723

  • 14 · Information technology

    total $43,701 · program services $34,961 · management and general $8,740

  • 16 · Occupancy

    total $488,400 · program services $390,720 · management and general $97,680

  • 24a · Other expenses: Clinic Equipment

    total $273,900 · program services $273,900

  • 24b · Other expenses: Bad Debt Expense

    total $73,602 · program services $73,602

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $400,654 · end of year $861,945

  • 4 · Accounts receivable

    beginning of year $11,913 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    end of year $160,382

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $6,633,472 · end of year $9,014,840

  • 27 · Net assets without donor restrictions

    beginning of year -$6,220,905 · end of year -$8,313,277

Mission and programs · 2024

Mission

THE MISSION OF SYNAPSE DBA PARKER PERFORMANCE INSTITUTE IS TO EMPOWER OUR CLIENTS TO REACH THEIR FULL PERFORMANCE POTENTIAL THROUGH TRANSFORMATIVE AND INNOVATIVE THERAPEUTIC PROGRAMS THAT INTEGRATE STATE-OF-THE-ART MUSCULOSKELETAL AND NEUROLOGICAL TREATMENTS. BEYOND THE GOAL OF HEALING INJURIES, OUR INTENT IS TO ACCELERATE RECOVERY, IMPROVE FUNCTION, AND BOOST PERFORMANCE.

Activities or mission (Part I)

THE MAIN PURPOSE OF SYNAPSE HUMAN PERFORMANCE CENTERS IS TO BE A REVOLUTIONARY FORCE IN HEALTH AND WELLNESS.

  • SYNAPSE PROVIDES A HOLISTIC APPROACH TO HEALTHCARE, LEVERAGING ADVANCED TECHNOLOGIES AND INNOVATIVE THERAPIES TO BOOST WELLNESS, ACCELERATE RECOVERY AND ENHANCE LIFE'S QUALITY.

    Expenses $2,176,090 · Grants $35,000 · Revenue $329,541

As filed on the 2024 return.

Listed in Part VII

  • James Fallon Thornton MD

    Secretary

    Total calculated
    $0
    Hours/week
    2

  • Paul C Harris MD

    Chairman

    Total calculated
    $0
    Hours/week
    2

  • Katherine Boyle Thornton MD

    Director

    Total calculated
    $0
    Hours/week
    2

  • Celia Maguire DC

    Assistant Secretary

    Total calculated
    $178,181
    From this org
    $0
    From related orgs
    $140,645
    Other
    $37,536
    Hours/week
    2 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $140,183 related
    Bonus
    $0
    Other
    $0 + $462 related
    Deferred
    $0 + $7,704 related
    Nontaxable benefits
    $0 + $29,832 related
    Filer's total
    $0 + $178,181 related

  • Donnie McNutt

    COO

    Total calculated
    $371,276
    From this org
    $0
    From related orgs
    $326,005
    Other
    $45,271
    Hours/week
    2 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $294,735 related
    Bonus
    $0 + $29,000 related
    Other
    $0 + $2,270 related
    Deferred
    $0 + $19,560 related
    Nontaxable benefits
    $0 + $25,711 related
    Filer's total
    $0 + $371,276 related

  • Jayne Moschella DC

    EVP/Provost

    Total calculated
    $435,635
    From this org
    $0
    From related orgs
    $386,502
    Other
    $49,133
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $320,414 related
    Bonus
    $0 + $31,500 related
    Other
    $0 + $34,588 related
    Deferred
    $0 + $19,225 related
    Nontaxable benefits
    $0 + $29,908 related
    Filer's total
    $0 + $435,635 related

  • Jeanne Marie Reese

    CFO/Treasurer

    Total calculated
    $306,184
    From this org
    $0
    From related orgs
    $261,831
    Other
    $44,353
    Hours/week
    2 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $239,780 related
    Bonus
    $0 + $20,000 related
    Other
    $0 + $2,051 related
    Deferred
    $0 + $14,387 related
    Nontaxable benefits
    $0 + $29,966 related
    Filer's total
    $0 + $306,184 related

  • William E Morgan DC

    President

    Total calculated
    $660,754
    From this org
    $0
    From related orgs
    $614,402
    Other
    $46,352
    Hours/week
    2 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $516,667 related
    Bonus
    $0 + $50,000 related
    Other
    $0 + $47,735 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $25,652 related
    Filer's total
    $0 + $660,754 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Management Compensation
PARKER UNIVERSITY, A RELATED ORGANIZATION, USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION OF THE TOP MANAGEMENT OFFICIAL: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
15 June 2026
IRS schema version
2024v5.1
Source object
202601669349301255

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