Overview
What is Surge Institute?
Surge Institute is a not-for-profit organization based in Chicago, Illinois. Established in October 2014, its mission is to address the lack of diversity at decision-making tables in education. The Surge Fellowship program identifies and cultivates emerging talent in education, offering them leadership development resources and access to networks. This empowers these individuals to bring innovative ideas, perspectives, and solutions to transform the educational landscape, particularly focusing on issues of race and class in urban education. With a dedicated team of 22 employees, Surge Institute is committed to creating a pipeline of diverse leaders in education.
Official website here: www.surgeinstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Star rating)
The Surge Institute has achieved an impressive 93% rating on Charity Navigator, indicating strong overall performance, particularly in accountability and finance, where it scored 92%. The organization boasts a fully independent board and has demonstrated excellent practices in oversight, with no material diversions of assets reported. This solid financial foundation is complemented by transparent operations, as evidenced by the thorough documentation of board meeting minutes and adherence to policies like conflict of interest and whistleblower protections.
In terms of leadership and adaptability, the Surge Institute scored an outstanding 100%, reflecting its effective governance and proactive approach to change. The organization prioritizes feedback collection and usage, scoring 100% in those areas, which underscores its commitment to incorporating stakeholder insights into its strategic planning and operations. Additionally, the institute invests significantly in leadership development, aligning with its mission to empower underrepresented leaders.
However, while the organization has demonstrated excellence in many aspects, the relatively lower score in culture and community at 16% suggests potential areas for improvement in fostering community engagement or cultural initiatives. Overall, the Surge Institute stands out for its strong financial health and governance practices, while continuing to seek ways to enhance its connection with the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Surge Institute legitimate?
Surge Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Surge Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,247,258
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,117,942
For more financial information, click here
Official website here: www.surgeinstitute.org
What is the mission statement of Surge Institute?
The Surge Institute is a not-for-profit organization founded in response to the lack of diversity in decision-making positions within education. Its mission is to address the issues of race and class in urban education through leadership development, technical assistance, and advocacy. The organization provides resources to create a pipeline of diverse leaders in education by identifying and grooming emerging talent. The Surge Fellowship empowers these individuals with leadership development and access to networks and visibility, enabling them to bring fresh ideas, perspectives, and solutions to transform the education landscape.
Official website here: www.surgeinstitute.org
What is the revenue of Surge Institute?
Surge Institute's revenue in 2024 was $8,068,241.
Official website here: www.surgeinstitute.org
Who are the executives of Surge Institute and what are their salaries?
The average compensation at Surge Institute during 2024 was $116,041. There are 29 employees and 7 volunteers at Surge Institute.
Here are 16 key members and their salaries:
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- Compensation: $389,407
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- Other: $2,781
- Compensation: $277,201
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- Compensation: $290,340
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- Other: $19,877
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- Compensation: $115,925
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- Other: $12,405
- Compensation: $136,607
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- Other: $15,941
- Compensation: $147,507
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- Other: $9,683
- Compensation: $150,559
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- Other: $15,430
- Compensation: $144,782
- Related: $0
- Other: $9,374
Official website here: www.surgeinstitute.org
Where can I find the form 990 for Surge Institute?
Surge Institute's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.surgeinstitute.org
Learn more at the official website: www.surgeinstitute.org
Mission Statement of Surge Institute
The Surge Institute, a not-for-profit corporation founded in October 2014, was established with a mission to address the significant lack of representation of people of color in decision-making roles within education. This organization is dedicated to broadly addressing the issues of race and class in urban education through leadership development, technical assistance, and advocacy.
Surge Institute identifies and cultivates emerging talent in education, providing them with essential leadership development resources. This empowers these individuals to bring innovative ideas, perspectives, and solutions to the table, ultimately transforming the education landscape. By nurturing a pipeline of diverse leaders, Surge Institute is committed to creating a more inclusive and equitable education system.
In its mission to develop leaders, Surge Institute offers a fellowship program designed to identify and groom emerging talent. This program not only provides leadership development opportunities but also grants fellows access to valuable networks and visibility within the education sector. This combination of resources and opportunities enables fellows to make significant contributions to the education system, ensuring that diverse voices and perspectives are heard and valued.
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Impact
October, 2024
Surge Institute addresses critical issues of race and class in urban education through targeted leadership development, technical assistance, and advocacy efforts. It identifies and nurtures emerging talent in the education sector through the Surge Fellowship, providing participants with essential leadership training, access to influential networks, and increased visibility. This empowerment enables these leaders to introduce innovative ideas, fresh perspectives, and effective solutions that reshape the educational landscape, particularly in urban settings. By fostering a diverse pipeline of leaders in education, Surge Institute plays a pivotal role in ensuring that decision-making tables reflect the communities they serve, ultimately driving meaningful change in urban education.
This information is meant to be a general summary of Surge Institute. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $396,705
- Program Service Revenue: $1,612,773
- Gross Receipts: $9,430,903
Assets and Liabilities:
- Total Assets: $15,018,896
- Total Liabilities: $340,189
- Net Assets: $14,678,707
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FELLOWSHIP CURRICULUM PROGRAM
Revenue
$1,612,773
Organization Details
Founding Year
2014
Principal Officer
Carmita Semaan
Website
www.surgeinstitute.orgNTEE Category
Code: B99 - Education
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