2024-11-15T11:04:27-06:00 2023-12-31 520959934 ELLIN & TUCKER CHARTERED 400 EAST PRATT ST SUITE 200 BALTIMORE MD 21202 990 2023-01-01 881443475 UPSURGE BALTIMORE COMMUNITY INC UPSU 4438696245 1501 ST PAUL STREET SUITE 130 BALTIMORE MD 21202 MADELEINE STOKES TREASURER 4438696245 2024-11-14 1 0 SUSAN KELLER P00245169 4107275735 2023 2024-10-15 13:58:12Z MADELEINE STOKES 1501 ST PAUL STREET SUITE 130 BALTIMORE MD 21202 2943164 0 X WWW.UPSURGEBALTIMORE.COM X 2022 MD THE MISSION OF THE ORGANIZATION IS TO MOBILIZE ECOSYSTEM-WIDE SUPPORT IN THE AREAS OF ENTREPRENEURSHIP AND TECHNOLOGY FOR MORE BALTIMOREANS, WITH AN INTENTIONAL FOCUS ON UNDERREPRESENTED AND UNDERSERVED COMMUNITIES, AND PROMOTE COMMUNITY WELFARE BY OFFERING ACCESS TO EDUCATIONAL PROGRAMMING AND OTHER INITIATIVES THAT PROMOTE SOCIAL MOBILITY, AND THE DEVELOPMENT OF PATHWAYS TO BUSINESS OWNERSHIP AND EMPLOYMENT IN THE KNOWLEDGE ECONOMY. 9 8 0 8 0 0 2568270 2870000 0 0 0 73164 0 0 2568270 2943164 0 0 0 0 344411 873085 0 0 0 190492 1200017 534903 2073102 2033367 870062 2364676 3067091 331309 163662 2033367 2903429 X THE MISSION OF THE ORGANIZATION IS TO MOBILIZE ECOSYSTEM-WIDE SUPPORT IN THE AREAS OF ENTREPRENEURSHIP AND TECHNOLOGY FOR MORE BALTIMOREANS, WITH AN INTENTIONAL FOCUS ON UNDERREPRESENTED AND UNDERSERVED COMMUNITIES, AND PROMOTE COMMUNITY WELFARE BY OFFERING ACCESS TO EDUCATIONAL PROGRAMMING AND OTHER INITIATIVES THAT PROMOTE SOCIAL MOBILITY, AND THE DEVELOPMENT OF PATHWAYS TO BUSINESS OWNERSHIP AND EMPLOYMENT IN THE KNOWLEDGE ECONOMY. 0 0 1780066 0 THE PROGRAM SERVES TO MOBILIZE ECOSYSTEM-WIDE SUPPORT IN THE AREAS OF ENTREPRENEURSHIP AND TECHNOLOGY FOR MORE BALTIMOREANS, WITH AN INTENTIONAL FOCUS ON UNDERREPRESENTED AND UNDERSERVED COMMUNITIES, AND PROMOTE COMMUNITY WELFARE BY OFFERING ACCESS TO EDUCATIONAL PROGRAMMING AND OTHER INITIATIVES THAT PROMOTE SOCIAL MOBILITY, AND THE DEVELOPMENT OF PATHWAYS TO BUSINESS OWNERSHIP AND EMPLOYMENT IN THE KNOWLEDGE ECONOMY. 1780066 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 MD X X MADELEINE STOKES 4438696245 1501 ST PAUL STREET SUITE 130 BALTIMORE MD 21202 MICHAEL HANKIN CHAIRPERSON 1.00 X X 0 0 0 RYLAND SUMNER VICE CHAIRPERSON 1.00 X X 0 0 0 JEFFREY CHERRY DIRECTOR 0.50 X 0 0 0 NICK CULBERTSON DIRECTOR 0.50 X 0 0 0 ELISE LIBERTO DIRECTOR 0.50 X 0 0 0 JACOB HODES DIRECTOR 0.50 X 0 0 0 KEITH STONE DIRECTOR 0.50 X 0 0 0 SHERVONNE CHERRY DIRECTOR 0.50 X 0 0 0 JAMIE MCDONALD FORMER PRESIDENT 16.00 X X 262500 0 15750 MADELEINE STOKES SECRETARY/TREASURER 26.00 X 148320 0 11161 KORY BAILEY PRESIDENT 16.00 X 163600 0 12311 574420 0 39222 3 0 1 1 0 500000 200000 2170000 2870000 73164 73164 2943164 0 0 73164 768985 723503 45482 43790 40946 2844 60310 56394 3916 5279 5279 31037 31037 959 959 191418 191418 17500 17500 15384 14052 1332 40990 37441 3549 6618 6618 3038 3038 3537 3537 PROGRAM EXPENSE 875474 875474 OTHER EXPENSES 5100 5100 BANK FEES 3683 3683 2073102 1780066 293036 0 1650682 1903851 710000 650000 3994 513240 2364676 3067091 49796 97675 281513 65987 331309 163662 X 2033367 2903429 0 0 2033367 2903429 2364676 3067091 870062 0 X 0 1 X 0 0 X 2568270 2870000 5438270 2568270 2870000 5438270 3076208 2362062 73164 73164 5511434 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO UPSURGE BALTIMORE, LLC 65987 65987 X 2943164 0 2943164 0 2943164 2073102 0 2073102 0 2073102 PART X, LINE 2: ASC 740, INCOME TAXES, PRESCRIBES THE RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. X 0 0 0 0 0 0 0 0 0 JAMIE MCDONALD FORMER PRESIDENT 210000 0 52500 0 0 0 0 15750 0 0 262500 15750 0 0 KORY BAILEY PRESIDENT 136334 0 27266 0 0 0 0 12311 0 0 163600 12311 0 0 MADELEINE STOKES SECRETARY/TREASURER 123600 0 24720 0 0 0 0 11161 0 0 148320 11161 0 0 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. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, WHICH INCLUDES THE OFFICERS OF THE CORPORATION, REVIEWS THE 990 WITH THE ADMINISTRATION, AND THEN THE 990 IS MADE AVAILABLE TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE AVAILABLE UPON REQUEST BY GOING TO OUR WEBSITE HTTPS://UPSURGEBALTIMORE.COM/CONTACT/ AND REQUESTING A COPY OF THE DOCUMENTS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST BY GOING TO OUR WEBSITE HTTPS://UPSURGEBALTIMORE.COM/CONTACT/ AND REQUESTING A COPY OF THE DOCUMENTS.