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Nonprofit · EIN 82-1692305

EMERGE SARASOTA INCORPORATED

Tax-exempt (reinstated) · SARASOTA, FL 34236

Financials

$110K$81K2022$15K$36K2023
Revenue Expenses · by fiscal year end
Financials of EMERGE SARASOTA INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2024990-EZ$15,208$35,635-$20,427$12,029$3,068$8,961
May 31, 2023990-EZ$109,971$81,498$28,473$31,171$1,783$29,388
Financial details: 990-EZ for the year ended May 31, 2024

Revenue

Contributions, gifts and grants
$15,208
Program service revenue
$0
Investment income
$0

Expenses

Compensation of officers, directors and key employees
$11,200
Salaries, compensation and benefits (total)
$12,076
Professional fees and payments to contractors
$5,788
Occupancy
$4,548
Printing, publications and postage
$2,235
Other expenses
$10,988
Program services (functional)
$17,801

Balance sheet and other

Total assets, start of year
$31,171
Total assets, end of year
$12,029
Total liabilities, end of year
$3,068
Net assets, end of year
$8,961
Cash, savings and investments
$10,042
Gross receipts
$15,208

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-EZ for the year ended May 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Samantha GholarPresident5$11,200
990-EZ for the year ended May 31, 2023: 1 people
NameTitleHours / weekCompensation
Samantha GholarPresident5$25,973

Address and contacts

Address (IRS master file)
850 S TAMIAMI TRAIL, SARASOTA, FL 34236-7887
In care of
% SAMANTHA GHOLAR
Signed the 990-EZ
Samantha Gholar, Founder/Executive Director
Phone
(727) 269-2602
Return prepared by
VALARIE LAW CPA

Mission

To provide connections, opportunities and a platform for young, professional minorities who have a passion for their community and careers.

990-EZ for the year ended May 31, 2024

Program accomplishments

  • Mental health/first aid seminars; networking
    Expenses $10,956
  • Arts and Culture - A series of workshops and classes designedto introduce BIPOC young professionls to a variety of art mediumswhile centering and empowering local BIPOC artists and creatives.
    Expenses $5,742
  • Professional Development - Connecting, networking andfocusing on the skills and knowledge of artists to thrive professionally.
    Expenses $1,103

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025Not on file
2023May 31, 2024October 15, 2024990-EZ on file

IRS record

EIN
82-1692305
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
May
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B60)
Assets (IRS master file)
$12,029
Income (IRS master file)
$15,208

Revocation and reinstatement

Exemption revoked
October 15, 2019
Posted by the IRS
February 10, 2020
Reinstated
Effective October 15, 2019

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZMay 2024$15,208$35,635$12,029XML
990-EZMay 2023$109,971$81,498$31,171XML

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 82-1692305).

Questions about EMERGE SARASOTA INCORPORATED

What is the EIN of EMERGE SARASOTA INCORPORATED?
The employer identification number (EIN) of EMERGE SARASOTA INCORPORATED is 82-1692305.
Is EMERGE SARASOTA INCORPORATED tax-exempt?
Yes. The IRS revoked its exemption on October 15, 2019 and reinstated it effective October 15, 2019.
Are donations to EMERGE SARASOTA INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EMERGE SARASOTA INCORPORATED file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of EMERGE SARASOTA INCORPORATED due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EMERGE SARASOTA INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended May 2024.
Who are the officers and directors of EMERGE SARASOTA INCORPORATED?
The 990-EZ for the year ended May 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $11,200 (Samantha Gholar, President).
How much revenue does EMERGE SARASOTA INCORPORATED have?
On its 990-EZ for the year ended May 31, 2024 it reported revenue of $15,208, expenses of $35,635 and total assets of $12,029 at year end.

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