Summit Learning Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,263,703 | 2,565,242 | 698,461 | -1.1 | 34% |
| 2012 | 4,192,258 | 3,982,765 | 209,493 | -0.0 | 29% |
| 2013 | 4,678,394 | 4,054,259 | 624,135 | 1.8 | 32% |
| 2014 | 5,362,282 | 4,806,937 | 555,345 | 0.9 | 28% |
| 2015 | 5,833,710 | 5,475,812 | 357,898 | 1.6 | 29% |
| 2016 | 6,144,373 | 6,900,795 | −756,422 | -0.4 | 24% |
| 2017 | 6,953,597 | 6,078,278 | 875,319 | 1.2 | 31% |
| 2018 | 7,665,812 | 6,664,569 | 1,001,243 | 2.9 | 34% |
| 2019 | 8,529,494 | 7,531,525 | 997,969 | 4.2 | 32% |
| 2020 | 8,659,659 | 8,739,230 | −79,571 | 3.5 | 32% |
| 2021 | 10,368,055 | 9,885,731 | 482,324 | 3.7 | 35% |
| 2022 | 10,210,655 | 9,556,890 | 653,765 | 4.6 | 38% |
| 2023 | 10,253,613 | 10,024,332 | 229,281 | 4.7 | 38% |
In its most recent public year (2023), this organization brought in $229,281 more than it spent. Its reserves stood at about 4.7 months of spending, up from -1.1 in 2011. Staff pay was 38% 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 Learning Center'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