Summit Academy Of Southwest Ohio Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 63,700 | 59,964 | 3,736 | 11.1 | — |
| 2021 | 131,556 | 127,496 | 4,060 | 5.6 | — |
| 2022 | 249,877 | 238,526 | 11,351 | 3.6 | 85% |
| 2023 | 276,765 | 289,913 | −13,148 | 4.1 | 83% |
| 2024 | 335,504 | 303,085 | 32,419 | 5.2 | 79% |
In its most recent public year (2024), this organization brought in $32,419 more than it spent. Its reserves stood at about 5.2 months of spending, down from 11.1 in 2020. Staff pay was 79% 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 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
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