Summit Academy-Youngstown
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,387,331 | 4,662,722 | −275,391 | -10.5 | 0% |
| 2021 | 3,649,341 | 3,649,341 | 0 | 0.0 | 0% |
| 2022 | 4,656,600 | 4,656,600 | 0 | 0.0 | 0% |
| 2023 | 3,565,147 | 3,565,147 | 0 | 0.0 | 0% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 0 months of spending, up from -10.5 in 2020. Staff pay was 0% of spending.
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
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