Nonprofit · EIN 88-1443475
UPSURGE BALTIMORE COMMUNITY
Tax-exempt · BALTIMORE, MD 21202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,734,654 | $2,362,950 | $371,704 | $3,332,910 | $251,097 | $3,081,813 |
| December 31, 2023 | 990 | $2,943,164 | $2,073,102 | $870,062 | $3,067,091 | $163,662 | $2,903,429 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,693,628
- of which government grants
- $885,793
- Program service revenue
- $0
- Investment income
- $51,821
- Net income from fundraising events
- -$11,469
- Other revenue
- -$10,795
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $456,715
- Other salaries and wages
- $492,130
- Salaries, compensation and benefits (total)
- $1,066,764
- Professional fundraising fees
- $0
- Legal fees
- $17,665
- Accounting fees
- $84,500
- Travel
- $16,063
- Program services (functional)
- $2,003,256
- Management and general (functional)
- $313,469
- Fundraising (functional)
- $46,225
Balance sheet and other
- Total assets, start of year
- $3,067,091
- Total assets, end of year
- $3,332,910
- Total liabilities, end of year
- $251,097
- Net assets, end of year
- $3,081,813
- Net assets without donor restrictions
- $3,081,813
- Gross receipts
- $2,746,123
- Employees
- 15
- Volunteers
- 8
- Year formed
- 2022
- State of legal domicile
- MD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KORY BAILEY | PRESIDENT AND CEO Trustee or director, Officer | 16 | $181,927 | $11,076 |
| MADELEINE STOKES | SECRETARY/TREASURER AND COO Trustee or director, Officer | 26 | $125,329 | $15,638 |
| MICHAEL HANKIN | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| RYLAND SUMNER | VICE CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| JEFFREY CHERRY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHERVONNE CHERRY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NICK CULBERTSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JACOB HODES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELISE LIBERTO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEITH STONE | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMIE MCDONALD | FORMER PRESIDENT Trustee or director, Officer | 16 | $262,500 | $15,750 |
| KORY BAILEY | PRESIDENT Officer | 16 | $163,600 | $12,311 |
| MADELEINE STOKES | SECRETARY/TREASURER Officer | 26 | $148,320 | $11,161 |
| MICHAEL HANKIN | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| RYLAND SUMNER | VICE CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| JEFFREY CHERRY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| NICK CULBERTSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ELISE LIBERTO | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JACOB HODES | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KEITH STONE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SHERVONNE CHERRY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1501 SAINT PAUL ST APT 130, BALTIMORE, MD 21202-2871
- In care of
- % HILARY ROXE
- Principal officer (990 for 2024)
- KORY BAILEY, 1501 ST PAUL ST SUITE 130, BALTIMORE, MD 21202
- Signed the 990
- KORY BAILEY, CEO
- Phone
- (443) 869-6245
- Return prepared by
- SC&H GROUP INC
Mission
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 PROGAMMING AND OTHER INITIATIVES THAT PROMOTE SOCIAL MOBILITY, AND THE DEVELOPMENT OF PATHWAYS TO BUSINESS OWNERSHIP AND EMPLOYMENT IN THE KNOWLEDGE ECONOMY.
Program accomplishments
- 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 BUSNIESS OWNERSHIP AND EMPLOYMENT IN THE KNOWLEDGE ECONOMY.Expenses $2,003,256
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 88-1443475
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $3,332,910
- Income (IRS master file)
- $2,746,123
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,734,654 | $2,362,950 | $3,332,910 | IRS |
| 990 | December 2023 | $2,943,164 | $2,073,102 | $3,067,091 | XML |
| 990 | December 2022 | $2,568,270 | $534,903 | $2,364,676 | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-1443475).
Questions about UPSURGE BALTIMORE COMMUNITY
- What is the EIN of UPSURGE BALTIMORE COMMUNITY?
- The employer identification number (EIN) of UPSURGE BALTIMORE COMMUNITY is 88-1443475.
- Is UPSURGE BALTIMORE COMMUNITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to UPSURGE BALTIMORE COMMUNITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UPSURGE BALTIMORE COMMUNITY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UPSURGE BALTIMORE COMMUNITY due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UPSURGE BALTIMORE COMMUNITY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of UPSURGE BALTIMORE COMMUNITY?
- The 990 for the year ended December 31, 2024 names KORY BAILEY.
- Who are the officers and directors of UPSURGE BALTIMORE COMMUNITY?
- The 990 for the year ended December 31, 2024 lists 10 people; 2 received compensation from the organization, the highest $181,927 (KORY BAILEY, PRESIDENT AND CEO).
- How much revenue does UPSURGE BALTIMORE COMMUNITY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,734,654, expenses of $2,362,950 and total assets of $3,332,910 at year end.
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All nonprofits in BALTIMORE · Maryland · Community improvement and capacity building