Summit University Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 85,061 | 132,088 | −47,027 | 3.8 | — |
| 2012 | 149,617 | 150,114 | −497 | 3.3 | — |
| 2013 | 19,086 | 59,861 | −40,775 | 0.1 | — |
| 2014 | 164,814 | 132,916 | 31,898 | 2.9 | — |
| 2015 | 133,908 | 120,154 | 13,754 | 4.6 | — |
| 2016 | 111,835 | 155,446 | −43,611 | 0.2 | — |
| 2018 | 130,679 | 125,169 | 5,510 | 0.7 | — |
| 2019 | 86,805 | 92,881 | −6,076 | 0.2 | — |
| 2020 | 124,696 | 125,409 | −713 | 0.1 | — |
| 2021 | 53,452 | 52,413 | 1,039 | 0.5 | — |
| 2022 | 85,477 | 86,757 | −1,280 | 0.1 | — |
In its most recent public year (2022), this organization spent $1,280 more than it brought in. Its reserves stood at about 0.1 months of spending, down from 3.8 in 2011.
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 University Inc'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