Is Surgance Inc Legit?

Quick charity verification for Surgance Inc (EIN: 208084708)

Verdict: Surgance Inc shows mixed signals

40/100Mission Score
$247KRevenue
$9.7MAssets
4Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Surgance Inc allocates its funds across programs, administration, and fundraising.

75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Surgance Inc

Is Surgance Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Surgance Inc (EIN: 208084708) shows mixed signals. Mission Score: 40/100. 4 red flags identified, 3 strengths noted.

Is Surgance Inc a good charity to donate to?

Surgance Inc has a Mission Score of 40/100. Revenue: $247K. Assets: $9.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Surgance Inc?

The Employer Identification Number (EIN) for Surgance Inc is 208084708. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Surgance Inc spend its money?

Surgance Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Surgance Inc's tax-exempt status?

You can verify Surgance Inc's tax-exempt status using EIN 208084708 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Surgance Inc. exhibits a concerning financial profile, primarily due to its substantial liabilities relative to its assets and inconsistent revenue generation. In the latest filing (202306), the organization reported assets of $9,746,216 but liabilities of $9,624,406, indicating a very thin equity cushion. While the organization reported $246,999 in revenue against $125,189 in expenses for the 202306 period, this positive net income is an anomaly in its recent history, which includes periods of zero revenue and expenses exceeding revenue. The NTEE code P20 (Housing, Shelter) suggests a mission that often requires significant capital, which might explain the high liabilities, but the lack of consistent, substantial revenue to support such a structure is a major concern. The organization's spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the absence of reported officer compensation across all filings suggests a potential reliance on volunteer leadership or that compensation is reported under other expense categories, which could impact transparency. The significant jump in assets and liabilities in the latest period compared to previous years (e.g., $10,413 assets in 201706) warrants further investigation to understand the nature of these changes and their implications for the organization's long-term stability. The overall financial health appears precarious due to the high debt burden and erratic revenue. Transparency is moderately concerning. While the organization has a consistent filing history, the summary data lacks the granular detail needed to fully understand program spending versus administrative or fundraising costs. The sudden and massive increase in assets and liabilities without a corresponding increase in revenue or detailed explanation raises questions about the source of these assets and the purpose of the liabilities. The consistent reporting of 0% officer compensation is a positive sign for minimizing overhead in that specific area, but the broader financial picture suggests a need for greater clarity on how funds are being managed and utilized, especially given the substantial debt.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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