Civic Intelligence

Subcortical Surgery Group Inc

EIN 38-3933004 • 501(c)6 • Evanston, IL

Profile

To optimize minimally invasive surgical corridors to the subcortical space through clinical and scientific collaborative research.

2650 Ridge Ave Kellogg 3rd FloorEvanston, IL 60201

subcorticalsurgery.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

30th percentile

-11%

Higher net margin than 30% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

10th percentile

-79%

Faster asset growth than 10% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

22nd percentile

-24%

Faster revenue growth than 22% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$4,711

Down $17,345 (-79%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$4,711

Down $17,345 (-79%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin30th percentile

Revenue

Down

$154,728

Down $50,022 (-24%) from 2023

Expenses

Down

$172,073

Down $38,033 (-18%) from 2023

Net Income

Down

-$17,345

Down $11,989 (-224%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$200K$150K$100K$50K$0Assets 2014: $14,141Liabilities 2014: $0Net Assets 2014: $14,1412014Assets 2015: $27,359Liabilities 2015: $0Net Assets 2015: $27,3592015Assets 2016: $39,947Liabilities 2016: $0Net Assets 2016: $39,9472016Assets 2017: $84,379Liabilities 2017: $0Net Assets 2017: $84,3792017Assets 2018: $160,052Liabilities 2018: $0Net Assets 2018: $160,0522018Assets 2019: $71,162Liabilities 2019: $0Net Assets 2019: $71,1632019Assets 2020: $14,047Liabilities 2020: $0Net Assets 2020: $14,0472020Assets 2021: $17,379Liabilities 2021: $0Net Assets 2021: $17,3792021Assets 2022: $27,412Liabilities 2022: $0Net Assets 2022: $27,4122022Assets 2023: $22,056Liabilities 2023: $0Net Assets 2023: $22,0562023Assets 2024: $4,711Net Assets 2024: $4,7112024

Highlighted filing

2024

Assets$4,711
Liabilities-
Net Assets$4,711
Open 2024 Filing

Operations Trend

Revenue Growth22nd percentile

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

$300K$200K$100K$0-$100KRevenue 2014: $215,000Expenses 2014: $200,859Net Income 2014: $14,1412014Revenue 2015: $249,980Expenses 2015: $236,762Net Income 2015: $13,2182015Revenue 2016: $221,500Expenses 2016: $208,912Net Income 2016: $12,5882016Revenue 2017: $215,150Expenses 2017: $170,718Net Income 2017: $44,4322017Revenue 2018: $235,000Expenses 2018: $159,327Net Income 2018: $75,6732018Revenue 2019: $158,793Expenses 2019: $247,682Net Income 2019: -$88,8892019Revenue 2020: $1,750Expenses 2020: $58,865Net Income 2020: -$57,1152020Revenue 2021: $25,000Expenses 2021: $21,668Net Income 2021: $3,3322021Revenue 2022: $196,000Expenses 2022: $185,967Net Income 2022: $10,0332022Revenue 2023: $204,750Expenses 2023: $210,106Net Income 2023: -$5,3562023Revenue 2024: $154,728Expenses 2024: $172,073Net Income 2024: -$17,3452024

Highlighted filing

2024

Revenue$154,728
Expenses$172,073
Net Income-$17,345
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,711
Liabilities
-
Net assets
$4,711
Revenue
$154,728
Expenses
$172,073
Net income
-$17,345
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.05$0.05$1.55$1.72$0.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.00$0.22$2.05$2.10$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.27$0.00$0.27$1.96$1.86$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.00$0.17$0.25$0.22$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.00$0.14$0.02$0.59$0.57
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.00$0.71$1.59$2.48$0.89
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$0.00$1.60$2.35$1.59$0.76
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.00$0.84$2.15$1.71$0.44
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.00$0.40$2.22$2.09$0.13
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.27$0.00$0.27$2.50$2.37$0.13
2014Summary only. Only limited summary data is available for this year.$0.14$0.00$0.14$2.15$2.01$0.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$154,728
Mission and Program Overview

Mission

To optimize minimally invasive surgical corridors to the subcortical space through clinical and scientific collaborative research.

Program Services

DescriptionGrantsExpenses
Conference to encourage continual improvement of safe and effective treatments for patients with subcortical brain pathology through collaboration with all interested individuals and groups, education, and research.-$142,495
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gary Gallia MDBoard Member-$0--
Jason Cormier MDBoard Member-$0--
Analiz Rodriguez MDBoard Member-$0--
Julian E Bailes Jr MDPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Subcortical Surgery Group Inc
EIN
38-3933004
Phone
8475704224
Address
2650 Ridge Ave Kellogg 3rd Floor, Evanston, IL 60201

Signing Officer

Name
Julian E Bailes Jr MD
Title
President
Signed
2025-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Carolyn J Smith CPA
Address
7507 Normandy Blvd, Indianapolis, IN 46278
Preparer
Carolyn J Smith
Phone
3174397087
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $690”

Other Expenses.1002

“Office Expenses $27”

Other Expenses.1003

“Information Technology $2031”

Other Expenses.1007

“Conferences, Conventions, and Meetings $142495”

Other Expenses.1

“Website/Graphic Design $12494”

Other Expenses.2

“Bank Charges $4”

Raw XML Appendix123 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Julian Bailes
IRS990EZ/BooksInCareOfDetail/PhoneNum08475704224
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02650 Ridge Ave Kellogg 3rd Floor
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Evanston
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060201
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt022056
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04711
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0154728
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-17345
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08332
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt022056
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04711
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt01000
IRS990EZ/GrossReceiptsAmt0154728
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt022056
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04711
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt022056
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04711
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Gary Gallia MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jason Cormier MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Analiz Rodriguez MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Julian E Bailes Jr MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0157741
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To optimize minimally invasive surgical corridors to the subcortical space through clinical and scientific collaborative research.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Conference to encourage continual improvement of safe and effective treatments for patients with subcortical brain pathology through collaboration with all interested individuals and groups, education, and research.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0142495
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt05000
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0172073
IRS990EZ/TotalProgramServiceExpensesAmt0142495
IRS990EZ/TotalRevenueAmt0154728
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0subcorticalsurgery.com
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $690
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $27
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $2031
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Conferences, Conventions, and Meetings $142495
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Website/Graphic Design $12494
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank Charges $4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Julian E Bailes Jr MD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Subcortical Surgery Group Inc
ReturnHeader/Filer/BusinessNameControlTxt0SUBC
ReturnHeader/Filer/EIN0383933004
ReturnHeader/Filer/PhoneNum08475704224
ReturnHeader/Filer/USAddress/AddressLine1Txt02650 Ridge Ave Kellogg 3rd Floor
ReturnHeader/Filer/USAddress/CityNm0Evanston
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060201
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201910118
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Carolyn J Smith CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07507 Normandy Blvd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Indianapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046278
ReturnHeader/PreparerPersonGrp/PhoneNum03174397087
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Carolyn J Smith
ReturnHeader/ReturnTs02025-11-11T09:02:33-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.