Civic Intelligence

Surdna Foundation Inc

EIN 13-6108163 • New York, NY

200 Madison Avenue FL 25New York, NY 10016
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

22nd percentile

0.07x

Higher debt load relative to assets than 22% of similar nonprofits.

$1B+ nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

1.34x

Higher debt load relative to revenue than 66% of similar nonprofits.

$1B+ nonprofits • Source year 2024

Net Margin

4th percentile

-35%

Higher net margin than 4% of similar nonprofits.

$1B+ nonprofits • Source year 2024

Top Officer Pay

29th percentile

$800,729

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

$1B+ nonprofits • Source year 2024

Asset Growth

16th percentile

-0.3%

Faster asset growth than 16% of similar nonprofits.

$1B+ nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-71%

Faster revenue growth than 1% of similar nonprofits.

$1B+ nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,163,466,026

Down $3,166,680 (-0.3%) from 2023

Liabilities

Up

$76,602,106

Up $2,386,609 (+3.2%) from 2023

Net Assets

Down

$1,086,863,920

Down $5,553,289 (-0.5%) from 2023

Revenue

Down

$56,966,218

Down $136,481,782 (-71%) from 2023

Expenses

Down

$77,062,549

Down $28,479,625 (-27%) from 2023

Net Income

Down

-$20,096,331

Down $108,002,157 (-123%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5B$1.0B$500M$0Assets 2010: $754,986,525Liabilities 2010: $34,151,824Net Assets 2010: $720,834,7012010Assets 2011: $867,363,679Liabilities 2011: $39,392,493Net Assets 2011: $827,971,1862011Assets 2012: $814,855,442Liabilities 2012: $27,408,458Net Assets 2012: $787,446,9842012Assets 2013: $929,596,379Liabilities 2013: $27,799,5312013Assets 2014: $1,037,047,874Liabilities 2014: $35,394,273Net Assets 2014: $1,001,653,6012014Assets 2015: $1,009,456,314Liabilities 2015: $24,960,809Net Assets 2015: $984,495,5052015Assets 2016: $947,501,477Liabilities 2016: $22,771,363Net Assets 2016: $924,730,1142016Assets 2017: $1,004,624,942Liabilities 2017: $28,186,402Net Assets 2017: $976,438,5402017Assets 2018: $1,041,308,286Liabilities 2018: $30,330,107Net Assets 2018: $1,010,978,1792018Assets 2019: $1,028,564,578Liabilities 2019: $25,498,626Net Assets 2019: $1,003,065,9522019Assets 2020: $997,976,972Liabilities 2020: $42,801,971Net Assets 2020: $955,175,0012020Assets 2021: $1,320,656,848Liabilities 2021: $40,653,577Net Assets 2021: $1,280,003,2712021Assets 2022: $1,222,374,293Liabilities 2022: $33,357,046Net Assets 2022: $1,189,017,2472022Assets 2023: $1,166,632,706Liabilities 2023: $74,215,497Net Assets 2023: $1,092,417,2092023Assets 2024: $1,163,466,026Liabilities 2024: $76,602,106Net Assets 2024: $1,086,863,9202024

Highlighted filing

2024

Assets$1,163,466,026
Liabilities$76,602,106
Net Assets$1,086,863,920

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200M$100M$0-$100MExpenses 2010: $42,503,1462010Expenses 2011: $52,117,4112011Expenses 2012: $42,834,3832012Revenue 2013: $96,250,899Expenses 2013: $43,522,855Net Income 2013: $52,728,0442013Revenue 2014: $64,871,830Expenses 2014: $60,186,491Net Income 2014: $4,685,3392014Revenue 2015: $162,443,497Expenses 2015: $47,448,098Net Income 2015: $114,995,3992015Revenue 2016: $86,286,051Expenses 2016: $50,459,623Net Income 2016: $35,826,4282016Revenue 2017: $89,802,558Expenses 2017: $56,622,832Net Income 2017: $33,179,7262017Revenue 2018: $81,560,891Expenses 2018: $50,359,764Net Income 2018: $31,201,1272018Revenue 2019: $50,230,488Expenses 2019: $49,509,403Net Income 2019: $721,0852019Revenue 2020: $71,392,126Expenses 2020: $72,034,981Net Income 2020: -$642,8552020Revenue 2021: $93,315,682Expenses 2021: $58,414,625Net Income 2021: $34,901,0572021Revenue 2022: $50,900,057Expenses 2022: $51,216,331Net Income 2022: -$316,2742022Revenue 2023: $193,448,000Expenses 2023: $105,542,174Net Income 2023: $87,905,8262023Revenue 2024: $56,966,218Expenses 2024: $77,062,549Net Income 2024: -$20,096,3312024

Highlighted filing

2024

Revenue$56,966,218
Expenses$77,062,549
Net Income-$20,096,331

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1,163$76.6$1,087$57.0$77.1$20.1
2023Detailed filing. Detailed filing data is available for this year.$1,167$74.2$1,092$193$106$87.9
2022Detailed filing. Detailed filing data is available for this year.$1,222$33.4$1,189$50.9$51.2$0.32
2021Detailed filing. Detailed filing data is available for this year.$1,321$40.7$1,280$93.3$58.4$34.9
2020Detailed filing. Detailed filing data is available for this year.$998$42.8$955$71.4$72.0$0.64
2019Detailed filing. Detailed filing data is available for this year.$1,029$25.5$1,003$50.2$49.5$0.72
2018Detailed filing. Detailed filing data is available for this year.$1,041$30.3$1,011$81.6$50.4$31.2
2017Detailed filing. Detailed filing data is available for this year.$1,005$28.2$976$89.8$56.6$33.2
2016Detailed filing. Detailed filing data is available for this year.$948$22.8$925$86.3$50.5$35.8
2015Detailed filing. Detailed filing data is available for this year.$1,009$25.0$984$162$47.4$115
2014Detailed filing. Detailed filing data is available for this year.$1,037$35.4$1,002$64.9$60.2$4.69
2013Summary only. Only limited summary data is available for this year.$930$27.8$96.3$43.5$52.7
2012Detailed filing. Detailed filing data is available for this year.$815$27.4$787$42.8
2011Detailed filing. Detailed filing data is available for this year.$867$39.4$828$52.1
2010Detailed filing. Detailed filing data is available for this year.$755$34.2$721$42.5
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DONALD CHENPresident/CEOFT$673,270$127,459$800,729
MARC DE VENOGEVP Finance And InvestingFT$540,934$112,699$653,633
JONATHAN GOLDBERGVP Learning & ImpactFT$332,864$101,838$434,702
ELIZABETH CAHILLVP, Communications & Engage.FT$317,883$92,099$409,982
ADAM CONNAKERDirector, Impact InvestingFT$270,263$77,784$348,047
CAITLIN BOGER-HAWKINSChairperson-$0--
Shari T WilsonVice Chairperson-$0--
Peter C VoorheesSecretary/Treasurer-$0--
Amachie AckahDirector-$0--
Davis BenedictDirector-$0--
Michelle DePassDirector-$0--
Cameron GriffithDirector-$0--
MIGUEL SANTANADirector-$0--
Ommeed SatheDirector-$0--
Elizabeth ShogrenDirector-$0--
Timothy D ThorpeDirector-$0--
Filing and Contact Details

Filer

Filer Name
Surdna Foundation Inc
EIN
13-6108163
In Care Of
% MATTHEW WALEGIR CONTROLLER
Phone
2125570010
Address
200 MADISON AVENUE FL 25, NEW YORK, NY 10016

Signing Officer

Name
Marc De Venoge
Title
VP finance & invest.
Phone
2125570010
Signed
2025-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Bdo USA
Address
200 PARK AVENUE 38TH FLOOR, NEW YORK, NY 10166
Preparer
Paul Hammerschmidt
Phone
2128858000
Raw XML AppendixShowing 400 of 6,922 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/PurposeOfGrantTxt0TO FUND NEIGHBORHOODS FIRST FUND IN SUPPORTING COMMUNITY-BASED ORGS. AND RESOURCE ALLIES.
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/PurposeOfGrantTxt1TO SUPPORT RETRO REPORT'S INDIGENOUS PEOPLE VIDEO SERIES.
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/ResultsOfVerificationTxt0The grantor has no reason to doubt the accuracy or reliability of the report from the grantee; therefore, no independent verification of the report was made.
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/ResultsOfVerificationTxt1NO REPORTS DUE IN FISCAL YEAR 2024.
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GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc0PART VIII-B, LINE 1:
GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc1PART VIII-B, LINE 2:
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GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt0SUMMARY OF PROGRAM-RELATED INVESTMENTS - INVESTMENT in PINKY PROMISE. Pinky Promise is a Film Fund that will focus on investing in independent films that center participation of underrepresented people along with important stories that contribute to broader visibility and inclusive narratives.
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt1SUMMARY OF PROGRAM-RELATED INVESTMENTS - INVESTMENT in CHICAGO TREND CORPORATION. CHICAGO TREND CORPORATION is a Black-led first-time fund manager with a successful history of philanthropic partnership to support community revitalization in historically marginalized, largely Black, neighborhoods.
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt2SUMMARY OF OTHER PROGRAM-RELATED INVESTMENTS: a) INVESTMENT IN IMPACT ENGINE............................$214,511. b) INVESTMENT IN VAMOS VENTURES...........................$ 92,682. c) INVESTMENT IN AVESTA...................................$ 69,047. D) INVESTMENT IN ILLUMEN..................................$ 39,786. e) INVESTMENT IN 1863 VENTURES............................$ 1,472. Total.....................................................$417,498.
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt3Grants and contributions approved for future payment: The difference of $6,628,233 between what Surdna Foundation, Inc. reported on Part II, Line 18 ($68,424,311) and what they reported on the schedule of grants and contributions approved for future payment on Part XIV, Line 3b ($75,052,544) is attributable to a present value discount at 5% under generally accepted accounting principles ("GAAP").
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