Summit Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 60,311 | 55,459 | 4,852 | 2.6 | — |
| 2013 | 28,079 | 23,187 | 4,892 | 8.7 | — |
| 2014 | 31,970 | 35,492 | −3,522 | 4.5 | — |
| 2015 | 44,796 | 40,656 | 4,140 | 5.2 | — |
| 2016 | 67,436 | 70,484 | −3,048 | 2.5 | — |
| 2017 | 88,906 | 88,468 | 438 | 2.0 | — |
| 2018 | 95,012 | 79,588 | 15,424 | 4.6 | — |
| 2019 | 123,146 | 107,442 | 15,704 | 5.1 | — |
| 2020 | 87,290 | 96,060 | −8,770 | 4.7 | — |
| 2021 | 93,145 | 93,697 | −552 | 4.7 | — |
| 2022 | 110,555 | 105,169 | 5,386 | 4.8 | — |
In its most recent public year (2022), this organization brought in $5,386 more than it spent. Its reserves stood at about 4.8 months of spending, up from 2.6 in 2012.
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 2022. 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 Education Foundation's IRS filings as a feed — one entry per filing year, through 2022. 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