2020-12-17T14:13:15-07:00 2020-06-30 261129611 ICL LLC 55 East Monroe Suite 3800 Chicago IL 60603 990 2019-07-01 471995566 SURGE INSTITUTE SURG 3122436683 935 West Chestnut Chicago IL 60642 Carmita Semaan Founder and President 3127688139 2020-10-30 1 James Hill P00638242 8003071008 2020-10-27 2019 2022-09-23 18:48:47Z Carmita Semaan 935 Chestnut Suite 515 Chicago IL 60642 3313722 0 X www.surgeinstitute.org X 2014 IL The Surge Institute was established to broadly address the issues of race and class in urban education through leadership development, technical assistance and advocacy. 3 3 18 3 0 0 3699002 3214795 404195 89907 1505 9020 0 0 4104702 3313722 0 0 0 0 1530861 2163626 0 0 290478 2060495 1444101 3591356 3607727 513346 -294005 2828670 2808672 91920 380597 2736750 2428075 The Surge Institute ("Surge"), is an Illinois not-for-profit corporation that was founded in October 2014 in response to the dearth of leadership of color at the decision-making tables within education. Surge provides leadership development resources to institutions and individuals to create a pipeline of diverse leaders in education. 0 0 2502756 0 89907 The Surge Fellowship, is designed to identify and groom emerging talent in education, and provide them with leadership development as well as access to networks and visibility, empowering them to bringing new ideas, perspectives and solutions that change the landscape of education. 0 0 0 2502756 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 44 0 1 18 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 IL X Carmita Semaan 3127688139 935 West Chestnut Suite 515 Chicago IL 60642 X Carmita Semaan Founder and President 40 0 X X 256250 0 0 Darryl Cobb Board Chair 2 0 X X 0 0 0 Paula Sneed Board Treasurer 2 0 X X 0 0 0 Jean Claude Brizard Board Member 2 0 X 0 0 0 256250 0 0 1 0 1 0 Blue Seats Consulting 410 2nd Street Neola IA 51559 Consulting Services 112915 1 0 0 0 0 0 3214795 0 3214795 89907 89907 0 0 89907 9020 0 0 9020 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3313722 89907 0 9020 0 0 0 0 0 0 0 0 262500 157500 52500 52500 1556363 1160747 222048 173568 206051 130255 62627 13169 138712 101652 18952 18108 2954 0 2954 0 8139 0 8139 0 80226 0 80226 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 25941 484 24972 485 39900 4402 32256 3242 26936 12964 12947 1025 0 0 0 0 115854 58617 51927 5310 143171 57899 64732 20540 154889 153519 575 795 0 0 0 0 0 0 0 0 0 0 0 8215 0 7546 669 Program Expenses and coaching services 365337 361496 3624 217 Program design and operations 436939 267621 168468 850 Charitable contributions to other nonprofits 35600 35600 0 0 0 0 0 0 3607727 2502756 814493 290478 873958 418946 0 1194215 1953137 1193137 0 0 0 0 0 0 0 0 0 0 1575 2374 2828670 2808672 91920 77297 0 0 0 0 0 0 0 0 0 0 0 0 0 303300 0 0 91920 380597 X 701750 912085 2035000 1515990 2736750 2428075 2828670 2808672 -294005 -14670 0 0 0 0 X 0 1 1 0 X 2448081 1567894 2136757 3699002 3214795 13066529 0 0 0 0 0 0 0 0 0 0 2448081 1567894 2136757 3699002 3214795 13066529 8833318 4233211 46 518 1346 1505 0 3415 0 0 0 0 0 0 0 0 0 0 0 0 13069944 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X 3313722 0 0 0 0 0 3313722 0 0 0 3313722 3607727 0 0 0 0 0 3607727 0 0 0 3607727 Schedule D, Part X, Line 2 Surge is a tax-exempt organization under Section 501(c) (3) of the Internal Revenue Code. Surge follows the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, Surge may recognize the tax benefits from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of Surge and various positions related to potential sources of unrelated business taxable income. There were no unrecognized tax benefits identified or recorded as liabilities for the reporting period presented in the financial statements. Surge files Form 990 in the U.S. federal jurisdiction and the State of Illinois. 0 0 0 0 0 0 0 0 0 Carmita Semaan Founder and President 256250 0 0 0 0 0 0 0 0 0 256250 0 0 0 Form 990, Part VI, Section B, Line 11b A draft of the IRS Form 990 is circulated to Board members for review prior to filing. Form 990, Part VI, Section B, Line 12c Annual conflict of interest statements are signed by each board member. Form 990, Part VI, Section B, Line 15 The Board of Directors approved compensation of the executive director and uses comparative analysis of similar nonprofit organizations as a benchmark for such compensation granted. Form 990, Part VI, Section B, Line 16a The Board of Directors approved Compensation of the Executive Director and uses comparative analysis of similar size and funding as they evaluate executive compensation. Form 990, Part VI, Section C, Line 19 Governing documents, conflict of interest disclosures, financial statements and IRS form 990's are made available to the general public upon request. Additional time was required to prepare a complete and accurate return.