Summit Health & Management Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,475,879 | 3,186,549 | 289,330 | 3.0 | 61% |
| 2012 | 3,765,240 | 3,605,983 | 159,257 | 3.2 | 63% |
| 2013 | 2,866,525 | 3,462,713 | −596,188 | 1.2 | 40% |
| 2014 | 1,432,919 | 1,421,126 | 11,793 | 3.1 | 34% |
| 2015 | 1,481,140 | 1,395,837 | 85,303 | 3.9 | 34% |
| 2016 | 1,551,844 | 1,471,842 | 80,002 | 4.4 | 37% |
| 2017 | 1,564,716 | 1,510,829 | 53,887 | 4.7 | 38% |
| 2018 | 1,482,378 | 1,393,943 | 88,435 | 5.8 | 40% |
| 2019 | 1,514,993 | 1,442,040 | 72,953 | 6.2 | 41% |
| 2020 | 1,802,650 | 1,362,759 | 439,891 | 10.5 | 37% |
| 2021 | 1,845,471 | 1,254,767 | 590,704 | 17.0 | 31% |
| 2022 | 1,921,827 | 1,277,421 | 644,406 | 22.8 | 29% |
| 2023 | 2,022,498 | 1,431,141 | 591,357 | 25.3 | 27% |
In its most recent public year (2023), this organization brought in $591,357 more than it spent. Its reserves stood at about 25.3 months of spending, up from 3 in 2011. Staff pay was 27% 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
Summit Health & Management Corporation'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