Summit Educational Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,378,978 | 481,629 | 897,349 | 57.0 | 0% |
| 2012 | 975,331 | 431,892 | 543,439 | 78.6 | 0% |
| 2013 | 1,135,671 | 323,020 | 812,651 | 143.8 | 0% |
| 2014 | 574,723 | 587,914 | −13,191 | 87.7 | 0% |
| 2015 | 644,177 | 757,289 | −113,112 | 67.3 | 0% |
| 2016 | 748,110 | 302,476 | 445,634 | 180.9 | 0% |
| 2017 | 543,802 | 548,572 | −4,770 | 106.6 | 0% |
| 2018 | 869,735 | 419,266 | 450,469 | 162.9 | 0% |
| 2019 | 672,958 | 905,945 | −232,987 | 73.5 | 0% |
| 2020 | 418,954 | 487,511 | −68,557 | 139.6 | 0% |
| 2021 | 1,144,101 | 807,298 | 336,803 | 105.2 | 0% |
| 2022 | 701,983 | 1,399,481 | −697,498 | 44.8 | 0% |
| 2023 | 689,080 | 656,474 | 32,606 | 101.9 | 0% |
| 2024 | 549,362 | 708,184 | −158,822 | 103.9 | 0% |
In its most recent public year (2024), this organization spent $158,822 more than it brought in. Its reserves stood at about 103.9 months of spending, up from 57 in 2011. Staff pay was 0% of spending. $503,072 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 2024. 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 Educational Foundation Inc's IRS filings as a feed — one entry per filing year, through 2024. 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