SURGO VENTURES INC (EIN 843902140) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

SEMA SGAIER

Phone

2022773848

Tax Period

2023-01-01 to 2023-12-31

SURGO VENTURES INC, founded in 2019, is a micro nonprofit that reported $16K in total revenue in fiscal year 2023. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $631K exceeded revenue, resulting in a 3818% operating deficit.

Mission

TO DEVELOP PRECISE, TARGETED, AND PRACTICAL SOLUTIONS THAT LEAD TO BETTER RESULTS AND IMPROVE PEOPLES LIVES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $16,107

TOTAL REVENUE $16,107

Expense Breakdown

Grants Paid $125,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $560,496

Other Expenses $506,102

TOTAL EXPENSES $631,102

Year-over-Year Comparison

	2023	2022	Change
Revenue	$16,107	$5,721,642	-1.0%
Expenses	$631,102	$6,473,868	-0.9%
Net Income	$-614,995	$-752,226	-0.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✓ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SEMA SGAIER	INTERIM CEO	40.00	Officer Director	$0	$0	$0
MALA GAONKAR	CHAIRPERSON	2.00	Director	$0	$0	$0
MALCOLM GLADWELL	MEMBER	0.10	Director	$0	$0	$0
WILLIAM HELMAN	MEMBER	0.10	Director	$0	$0	$0
PETER PIOT	MEMBER	0.10	Director	$0	$0	$0
ZAINAB SCHWARTZ	INTERIM CFO	40.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$16,107	$631,102	$1,765,225	$-614,995
2022	$5,721,642	$6,473,868	$2,067,598	$-752,226
2021	$6,988,435	$7,780,284	$2,766,047	$-791,849
2020	$6,402,060	$3,035,263	$3,770,681	$3,366,797

SURGO VENTURES INC