Summit Academy Charter School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,208,269 | 2,652,082 | 556,187 | 4.8 | 50% |
| 2012 | 3,992,920 | 3,680,104 | 312,816 | 4.5 | 58% |
| 2013 | 4,150,802 | 4,535,759 | −384,957 | 2.6 | 55% |
| 2014 | 4,631,739 | 5,005,037 | −373,298 | 1.5 | 60% |
| 2015 | 5,323,153 | 4,936,842 | 386,311 | 2.4 | 65% |
| 2016 | 5,279,543 | 6,047,172 | −767,629 | 0.5 | 67% |
| 2017 | 5,567,173 | 5,387,636 | 179,537 | 0.9 | 69% |
| 2018 | 5,786,589 | 5,643,262 | 143,327 | 1.2 | 70% |
| 2019 | 5,969,419 | 5,372,693 | 596,726 | 2.6 | 67% |
| 2020 | 5,547,295 | 5,084,768 | 462,527 | 3.8 | 64% |
| 2021 | 5,981,816 | 4,542,006 | 1,439,810 | 8.1 | 60% |
| 2022 | 5,005,181 | 4,842,753 | 162,428 | 8.0 | 63% |
| 2023 | 4,869,121 | 5,465,969 | −596,848 | 5.8 | 57% |
In its most recent public year (2023), this organization spent $596,848 more than it brought in. Its reserves stood at about 5.8 months of spending. Staff pay was 57% 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 Academy Charter School'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