Summit Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 17,198 | 14,292 | 2,906 | 216.8 | — |
| 2012 | 14,961 | 11,943 | 3,018 | 243.5 | 0% |
| 2013 | 90,529 | 14,320 | 76,209 | 274.5 | 0% |
| 2014 | 104,613 | 61,446 | 43,167 | 78.9 | 0% |
| 2015 | 60,585 | 17,497 | 43,088 | 304.7 | 0% |
| 2016 | 442,684 | 130,120 | 312,564 | 69.0 | 0% |
| 2017 | 642,215 | 134,287 | 507,928 | 114.4 | 0% |
| 2018 | 447,741 | 1,009,479 | −561,738 | 8.7 | 0% |
| 2019 | 797,939 | 196,365 | 601,574 | 81.3 | 0% |
| 2020 | 1,696,188 | 411,269 | 1,284,919 | 76.9 | 0% |
| 2021 | 325,006 | 691,008 | −366,002 | 43.2 | 0% |
| 2022 | 48,121 | 1,129,628 | −1,081,507 | 12.9 | 0% |
| 2023 | 241,691 | 241,242 | 449 | 64.2 | 0% |
In its most recent public year (2023), this organization brought in $449 more than it spent. Its reserves stood at about 64.2 months of spending, down from 216.8 in 2011. Staff pay was 0% of spending. $557,514 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Summit Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works