Civic Intelligence

Surge Institute

EIN 47-1995566 • 501(c)3 • Chicago, IL

Profile

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 reform. Surge provides leadership development resources to institutions and individuals to create a pipeline of diverse leaders in education.

2045 W Grand Ave Ste B Pmb 63441Chicago, IL 60612-1577

www.surgeinstitute.org

Siviq Scores

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

Liabilities / Assets

18th percentile

0.01x

Higher debt load relative to assets than 18% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

15th percentile

0.02x

Higher debt load relative to revenue than 15% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

7th percentile

-38%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

86th percentile

$387,413

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

6th percentile

-19%

Faster asset growth than 6% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

10th percentile

-26%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Down

$10,035,860

Down $2,399,032 (-19%) from 2024

Liabilities

Down

$145,512

Down $176,524 (-55%) from 2024

Net Assets

Down

$9,890,348

Down $2,222,508 (-18%) from 2024

Revenue

Down

$5,977,419

Down $2,090,822 (-26%) from 2024

Expenses

Up

$8,222,735

Up $1,198,444 (+17%) from 2024

Net Income

Down

-$2,245,316

Down $3,289,266 (-315%) from 2024

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2015: $649,727Liabilities 2015: $38,126Net Assets 2015: $611,6012015Assets 2016: $2,073,920Liabilities 2016: $64,060Net Assets 2016: $2,009,8602016Assets 2017: $2,008,467Liabilities 2017: $25,988Net Assets 2017: $1,982,4792017Assets 2018: $2,301,938Liabilities 2018: $78,534Net Assets 2018: $2,223,4042018Assets 2019: $2,828,670Liabilities 2019: $91,920Net Assets 2019: $2,736,7502019Assets 2020: $2,808,672Liabilities 2020: $380,597Net Assets 2020: $2,428,0752020Assets 2021: $5,938,296Liabilities 2021: $207,636Net Assets 2021: $5,730,6602021Assets 2022: $15,018,896Liabilities 2022: $340,189Net Assets 2022: $14,678,7072022Assets 2023: $11,281,833Liabilities 2023: $254,486Net Assets 2023: $11,027,3472023Assets 2024: $12,434,892Liabilities 2024: $322,036Net Assets 2024: $12,112,8562024Assets 2025: $10,035,860Liabilities 2025: $145,512Net Assets 2025: $9,890,3482025

Highlighted filing

2025

Assets$10,035,860
Liabilities$145,512
Net Assets$9,890,348

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2015: $906,964Expenses 2015: $295,363Net Income 2015: $611,6012015Revenue 2016: $2,448,127Expenses 2016: $1,049,868Net Income 2016: $1,398,2592016Revenue 2017: $1,636,776Expenses 2017: $1,664,157Net Income 2017: -$27,3812017Revenue 2018: $2,226,981Expenses 2018: $1,986,056Net Income 2018: $240,9252018Revenue 2019: $4,104,702Expenses 2019: $3,591,356Net Income 2019: $513,3462019Revenue 2020: $3,313,722Expenses 2020: $3,607,727Net Income 2020: -$294,0052020Revenue 2021: $6,811,367Expenses 2021: $3,810,460Net Income 2021: $3,000,9072021Revenue 2022: $13,753,598Expenses 2022: $4,766,410Net Income 2022: $8,987,1882022Revenue 2023: $3,927,387Expenses 2023: $7,575,402Net Income 2023: -$3,648,0152023Revenue 2024: $8,068,241Expenses 2024: $7,024,291Net Income 2024: $1,043,9502024Revenue 2025: $5,977,419Expenses 2025: $8,222,735Net Income 2025: -$2,245,3162025

Highlighted filing

2025

Revenue$5,977,419
Expenses$8,222,735
Net Income-$2,245,316

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.0$0.15$9.89$5.98$8.22$2.25
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.4$0.32$12.1$8.07$7.02$1.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.3$0.25$11.0$3.93$7.58$3.65
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.0$0.34$14.7$13.8$4.77$8.99
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.94$0.21$5.73$6.81$3.81$3.00
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.81$0.38$2.43$3.31$3.61$0.29
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.83$0.09$2.74$4.10$3.59$0.51
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.30$0.08$2.22$2.23$1.99$0.24
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$0.03$1.98$1.64$1.66$0.03
2016Detailed filing. Detailed filing data is available for this year.$2.07$0.06$2.01$2.45$1.05$1.40
2015Summary only. Only limited summary data is available for this year.$0.65$0.04$0.61$0.91$0.30$0.61
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$8,217,138
Mission and Program Overview

Mission

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.

The surge institute was established to broadly address the issues of race and class in urban education through leadership development, technical assistance, and advocacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,600,792$6,928,203▼ $1,672,589
Accounts Receivable$2,401,650$2,065,000▼ $336,650
Cash and Non-Interest-Bearing Accounts$258,842$394,936▲ $136,094
Savings and Temporary Cash Investments$913,427$351,128▼ $562,299
Prepaid Expenses and Deferred Charges$225,915$296,593▲ $70,678
Pledges and Grants Receivable$34,266$0▼ $34,266
Total Assets$12,434,892$10,035,860▼ $2,399,032
Liabilities
Accounts Payable and Accrued Expenses$303,961$127,240▼ $176,721
Other Liabilities$18,075$18,272▲ $197
Total Liabilities$322,036$145,512▼ $176,524
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,889,506$6,447,349▼ $442,157
Net Assets With Donor Restrictions$5,223,350$3,442,999▼ $1,780,351
Total Net Assets Fund Balance$12,112,856$9,890,348▼ $2,222,508
Total Liabilities and Net Assets / Fund Balance$12,434,892$10,035,860▼ $2,399,032
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carmita SemaanFounder and CEOFT$300,187$87,226$387,413
William CollinsChief External Affairs OfficerFT$237,543$23,323$260,866
Janaia NashChief Program OfficerFT$168,000$36,879$204,879
Andrea EvansExecutive Director, AcademyFT$129,395$10,442$139,837
Tarashaun CainExecutive Director, BpnFT$120,350$15,191$135,541
Tiara WheatleyVP Alumni ImpactFT$119,809$10,552$130,361
Ulric ShannonExecutive Director, ChicagoFT$116,783$9,518$126,301

Board Members and Trustees

NameTitle
Darryl CobbBoard Chair
Ana Martinez ShropshireBoard Member
Jean Claude BrizardBoard Member
Margarita Florez VasconcelosBoard Member
Maria HerediaBoard Member
Max PolanerBoard Member
Teresa Ward-maupin Thru 824Board Member
Paula SneedBoard Treasurer
Alex CantuCOO (as of 01/25)

Highest Paid Contractors

ContractorServicesLocationCompensation
Orbital SocketMarketing Consultant14316 REESE BLVD STE B-234, Huntersville, NC 28078$398,945
Eguide Tech AlliesIt Consulting5509 W DAKIN ST, Chicago, IL 60641$197,091
Blue Seats ConsultingInterim Coo And Strategic Planning410 2ND ST, Neola, IA 51559$137,589
Jmc Consulting FirmEvaluation Services110 S HARTFORD AVE STE 2592, Tulsa, OK 74120$135,000
Mywhy AgencyMarketing Consultant5113 S HARPER AVE, Chicago, IL 60615$111,443
Revenue and Support

Revenue Composition

Contributions and Grants
$4,346,758
Program Service Revenue
$1,167,447
Investment Income
$382,137
Other Revenue
$81,077
All Other Contributions
$4,346,758
Change in Net Assets
$-2,245,316

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,977,419
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$22,808
Total Revenue per Audited Statements
$6,000,227
Total Revenue per Form 990
$5,977,419
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,743,943
Salaries, Compensation, and Employee Benefits$3,478,792
Total Fundraising Expense$1,269,337
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,427,746$360,952$155,743$1,944,441
Current Officers, Directors, Trustees, and Key Employees$541,842$122,192$436,616$1,100,650
Conferences and Meetings$847,970$30,202$40,025$918,197
Advertising$256,183$317,030$86,477$659,690
Travel$269,859$16,926$78,324$365,109
Payroll Taxes$149,898$45,611$47,473$242,982
Other Expenses$25,905$172,131$23,955$221,991
Information Technology$84,605$50,551$26,184$161,340
Fees for Services Accounting$116,625$19,437$19,438$155,500
Other Employee Benefits$83,210$21,834$15,029$120,073
Pension Plan Contributions$50,047$13,647$6,952$70,646
Fees for Services Other$25,643$13,872$8,025$47,540
Occupancy$15,670$17,061$9,535$42,266
All Other Expenses$16,363$12,043$10,680$39,086
Fees for Services Legal$18,855$3,314$3,143$25,312
Office Expenses$12,358$6,173$5,521$24,052
Interest-$11,430-$11,430
Insurance$2,974$495$496$3,965
Total Functional Expenses$5,408,160$1,545,238$1,269,337$8,222,735

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,222,735
Total Expenses per Audited Statements$8,222,735
Total Expenses per Form 990$8,222,735
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$18,272
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There are no committees with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

A draft of the irs form 990 is circulated to board members to 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 15A

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 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.

Filing and Contact Details

Filer

Filer Name
Surge Institute
EIN
47-1995566
Phone
3122436683
Address
2045 W GRAND AVE STE B PMB 63441, CHICAGO, IL 60612-1577

Signing Officer

Name
Carmita Semaan
Title
Founder and President
Phone
3122436683
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carmita Semaan
Formed
2014
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
30
Volunteers
7

Preparer

Firm
Rubinbrown Llp
Address
1200 MAIN STREET SUITE 1000, KANSAS CITY, MO 64105
Preparer
Kimberly a Ryan
Phone
8164721122
Raw XML AppendixShowing 400 of 605 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
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE SURGE INSTITUTE WAS ESTABLISHED TO BROADLY ADDRESS THE ISSUES OF RACE AND CLASS IN URBAN EDUCATION THROUGH LEADERSHIP DEVELOPMENT, TECHNICAL ASSISTANCE, AND ADVOCACY.
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IRS990/ContractorCompensationGrp/ServicesDesc1IT CONSULTING
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IRS990/CreditCounselingInd00
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IRS990/Form990PartVIISectionAGrp/PersonNm4MARIA HEREDIA
IRS990/Form990PartVIISectionAGrp/PersonNm5ANA MARTINEZ SHROPSHIRE
IRS990/Form990PartVIISectionAGrp/PersonNm6MAX POLANER
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IRS990/Form990PartVIISectionAGrp/PersonNm10JANAIA NASH
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8FOUNDER AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF EXTERNAL AFFAIRS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF PROGRAM OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt11COO (AS OF 01/25)
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE DIRECTOR, ACADEMY
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP ALUMNI IMPACT
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DIRECTOR, BPN
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DIRECTOR, CHICAGO
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IRS990/MissionDesc0THE 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.
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