Skip to content
Nonprofiteer
← PATRICK SURTAIN II FOUNDATION INC

Form 990 for tax year 2023

Filed by PATRICK SURTAIN II FOUNDATION INC.

Totals

Total revenue
$201,327
Total expenses
$128,408
Contributions and grants received
$126,144
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$75,183
Total assets, end of year
$72,919
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$72,919
Program services expenses (Part IX)
$57,932
Management and general expenses
$13,231
Fundraising expenses
$57,245
Program service expenses (Part III)
$57,932

Program services were 45.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $113,644

  • 1f · All other contributions, gifts and grants

    $12,500

  • 1g · Noncash contributions included above

    $62,804

  • 8a · Fundraising events: gross income

    $197,635

  • 8a · Fundraising events: contributions included on line 1c

    $113,644

  • 8b · Fundraising events: direct expenses

    $122,452

  • 8c · Net income from fundraising events

    total $75,183

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $47,498 · program services $37,998 · management and general $9,500

  • 11c · Fees: accounting

    total $15,833 · fundraising $15,833

  • 11g · Fees: other

    total $10,923 · program services $1,393 · management and general $1,471 · fundraising $8,059

  • 12 · Advertising and promotion

    total $50,525 · program services $18,088 · management and general $1,479 · fundraising $30,958

  • 17 · Travel

    total $2,975 · program services $453 · management and general $127 · fundraising $2,395

  • 23 · Insurance

    total $654 · management and general $654

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $70,654

  • 4 · Accounts receivable

    end of year $510

  • 8 · Inventories for sale or use

    end of year $1,755

  • 27 · Net assets without donor restrictions

    end of year $72,919

Mission and programs · 2023

Mission

THE MISSION OF THE FOUNDATION IS TO LEVEL THE PLAYING FIELD FOR STUDENTS IN FINANCIALLY DISADVANTAGED COMMUNITIES BY ENSURING THAT THESE STUDENTS HAVE THE SAME ACCESS TO EDUCATIONAL RESOURCES AS THEIR SUBURBAN PEERS TO ENSURE THEIR SUCCESS.

  • PATRICKS INSPIRATION ROOMS - INNOVATIVE SPACES DESIGNED TO NURTURE SCIENCE, TECHNOLOGY, ENGINEERING, THE ARTS, AND MATHEMATICS (S.T.E.A.M.) EDUCATION. THE ROOMS WILL INCLUDE INTERACTIVE WORKSPACES, CUTTING-EDGE TECHNOLOGY LIKE 3D PRINTERS, A MUSIC RECORDING STUDIO, MULTIMEDIA RESOURCES, AND CUSTOMIZED LEARNING ELEMENTS TAILORED TO THE WINNING SCHOOLS SPECIFIC NEEDS.

    Expenses $57,932

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Patrick Surtain II

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • Patrick Surtain Sr

    SECRETARY/TR

    Total calculated
    $0
    Hours/week
    2

  • Michelle Surtain

    VICE PRESIDN

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
25 October 2024
IRS schema version
2023v5.0
Source object
202413189349308606

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.