Surgo Ventures Inc is a 501(c)(3) organization based in Washington, District of Columbia, registered in 2020, with $16,107 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$16K
▼ 99.7% vs prior year
Expenses (FY2023)
$631K
Net assets
$1.2M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Surgo Ventures Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Surgo Ventures Inc: 23 mo reserves · -3818% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Surgo Ventures Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Surgo Ventures Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $6.4M (FY2020) to $16K (FY2023) across 4 reported years.
Financial snapshot
Operating margin
-3818.2%
Spent more than it raised in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$546K
Net assets
$1.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $16,107▼99.7% | $631,102▼90.3% | $1,219,227▼33.1% | $1,765,225▼14.6% | 990 |
| 2022 | $5,721,642▼18.1% | $6,473,868▼16.8% | $1,822,722▼29.2% | $2,067,598▼25.3% | 990 |
| 2021 | $6,988,435▲9.2% | $7,780,284▲156% | $2,574,948▼23.5% | $2,766,047▼26.6% | 990 |
| 2020 | $6,402,060 | $3,035,263 | $3,366,797 | $3,770,681 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
5 grants to Surgo Ventures Inc totaling $1.1M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Seattle Foundation | Maternal vulnerability index dataset | 2023 | $250,000 |
| The Seattle Foundation | To improve understanding of social determinants of health and reduce inequities in care for all birthing people | 2022 | $500,000 |
| Local Initiatives Support Corporation | See part iv | 2022 | $102,243 |
| Partners In Health A Nonprofit Corporation | Sub-grantee to support the reaching equity through community-based vaccination engagement and resourcing (recover) initiative to mobilize the us public health workforce and accelerate vaccine uptake. | 2021 | $101,378 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $100,000 |
Explore more
Data for Surgo Ventures Inc (EIN 84-3902140) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.