Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $500,000

• 1e · Government grants (contributions)

  $200,000

• 1f · All other contributions, gifts and grants

  $2,170,000

• 3 · Investment income

  total $73,164 · excluded $73,164

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $768,985 · program services $723,503 · management and general $45,482

• 9 · Other employee benefits

  total $43,790 · program services $40,946 · management and general $2,844

• 10 · Payroll taxes

  total $60,310 · program services $56,394 · management and general $3,916

• 11b · Fees: legal

  total $5,279 · management and general $5,279

• 11c · Fees: accounting

  total $31,037 · management and general $31,037

• 11f · Fees: investment management

  total $959 · management and general $959

• 11g · Fees: other

  total $191,418 · management and general $191,418

• 12 · Advertising and promotion

  total $17,500 · program services $17,500

• 13 · Office expenses

  total $15,384 · program services $14,052 · management and general $1,332

• 14 · Information technology

  total $40,990 · program services $37,441 · management and general $3,549

• 17 · Travel

  total $6,618 · program services $6,618

• 19 · Conferences, conventions and meetings

  total $3,038 · program services $3,038

• 23 · Insurance

  total $3,537 · management and general $3,537

• 24a · Other expenses: PROGRAM EXPENSE

  total $875,474 · program services $875,474

• 24b · Other expenses: OTHER EXPENSES

  total $5,100 · program services $5,100

• 24c · Other expenses: BANK FEES

  total $3,683 · management and general $3,683

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,650,682 · end of year $1,903,851

• 2 · Savings and temporary cash investments

  beginning of year $710,000 · end of year $650,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $3,994 · end of year $513,240

• 17 · Accounts payable and accrued expenses

  beginning of year $49,796 · end of year $97,675

• 25 · Other liabilities

  beginning of year $281,513 · end of year $65,987

• 27 · Net assets without donor restrictions

  beginning of year $2,033,367 · end of year $2,903,429

• 28 · Net assets with donor restrictions

  beginning of year $0 · end of year $0

The filer's explanations (Part III)

SCHEDULE J PART III

UPSURGE BALTIMORE COMMUNITY, INC. GREW OUT OF UPSURGE BALTIMORE, LLC, A FOR PROFIT PARTNERSHIP THAT SAW A NEED TO SUPPORT HISTORICALLY MARGINALIZED AND UNDERSERVED COMMUNITIES IN BALTIMORE THROUGH CONTRIBUTIONS THAT ARE USED TO OFFER EDUCATIONAL PROGRAMMING, AND OTHER INITIATIVES. TO FULLFILL THAT NEED, UPSURGE BALTIMORE, LLC CREATED UPSURGE BALTIMORE COMMUNITY, INC. IN ORDER TO SERVE THAT MISSION. THE ORGANIZATIONS SHARE EMPLOYEES. AS A RESULT, THE SALARIES OF THE EMPLOYEES FOR UPSURGE BALTIMORE COMMUNITY, INC. ARE PAID BY UPSURGE BALTIMORE, LLC, AND THEN UPSURGE BALTIMORE COMMUNITY, INC. LATER REIMBURSES THEIR SHARE OF THE EXPENSES. AS SUCH BOTH EMPLOYEES LISTED ON THE SCHEDULE J ARE EMPLOYEES OF UPSURGE BALTIMORE, LLC. AND THE TWO ENTITIES HAVE A SHARED SERVICES AGREEMENT.