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Society of Black Academic Surgeons Inc

EIN 16-1444395 · Chicago, IL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong91 out of 100GovernanceWeak38 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO PROVIDE A FORUM FOR BLACK SURGEONS IN THE FIELD OF ACADEMICS, TO SHARE IDEAS, RESEARCH, KNOWLEDGE, AND EXPERIENCES FOR THE BENEFIT OF OTHER MEMBERS AND OTHERS AFFILIATED WITH THE TEACHING OF SURGERY AND MEDICINE. CURRENTLY THERE ARE APPROXIMATELY 349 INDIVIDUAL MEMBERS AND 64 INSTITUTIONAL MEMBERS.

Income
$693,354
Spending
$505,847
Spent on programs
69%
Reserves
40.1 months of spending
Largest source of income
donations and private grants, 57%
Employees
0
Volunteers
0

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 91 out of 100.

  • Reserves

    35 of 35

    Spendable reserves would cover 40.1 months of spending.

  • Debt

    16 of 20

    It owes 21% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 27% of income.

  • Income trend

    10 of 15

    Income fell 7% on the year before.

  • Spending floor

    15 of 15

    68% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 38 out of 100.

  • Independent board

    5 of 25

    0 of 11 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $20,507 spent. MEMBERSHIP SERVICES AND PROGRAMS-SERVICES PROVIDED TO MEMBERS INCLUDE: ACCESS TO OTHER MEMBERS AND THEIR RESEARCH, CURRICULUMS, AND GUIDENCE; A FORUM FOR A SPECIALIZED GROUP OF MEDICAL EDUCATORS TO SHARE DEVELOPMENTS AND CHANGES IN A SPECIFIC AREA OF MEDICAL EDUCATION; AN OPPORTUNITY TO ATTEND SEMINARS, CONVENTIONS, AND TRADE SHOWS RELATED TO SURGICAL AND MEDICAL EDUCATIONAL TOPICS AND EQUIPMENT; AXCESS TO A MEMEBER WEBSITE FACILITATING COMMUNICATON AMOUNG PEERS, COLLEAGUES, AND EDUCATIONAL INSTITUTIONS. CURRENTLY THERE ARE APPROXIMATELY 349 INDIVIDUAL MEMBERS AND 64 INSTITUTIONAL MEMBERS.
  2. $279,372 spent. ANNUAL MEETING-ANNUAL MEETING ALLOWS SURGEONS IN THE FIELD OF ACADEMICS TO SHARE WITH THEIR PEERS, SCIENTIFIC DATA AND TECHNIQUES THEY HAVE RESEARCHED AND DEVELOPED. IT ALSO ALLOWS INSTITUTIONS AND COMMERCIAL COMPANIES THE OPPORTUNITY TO SHARE THEIR LATEST PROGRAMS AND PRODUCTS WITH ACADEMIC SURGEONS. TOTAL ATTENDEES AT 2024 MEETING WAS APPROXIMATELY 357.
  3. $46,533 spent. DONATIONS GIVEN TO MEDICAL SCHOOLS, UNIVERSITIES, AND INDIVIDUALS IN THE FIELD OF MEDICAL ACADEMICS FOR THE BENEFIT OF MINORITY STUDENTS ATTENDING AND PARTICIPATING IN MEDICAL EDUCATIONAL PROGRAMS. AWARDEES ARE CHOSEN BY A COMMITTEE WHICH IS ASSEMBLED BY THE BOARD OF DIRECTORS.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 1994.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.