Summit School Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 720,342 | 364,488 | 355,854 | 70.1 | 0% |
| 2021 | 510,706 | 522,208 | −11,502 | 48.7 | 0% |
| 2022 | 244,779 | 334,480 | −89,701 | 72.8 | 0% |
| 2023 | 328,007 | 208,252 | 119,755 | 127.3 | 0% |
In its most recent public year (2023), this organization brought in $119,755 more than it spent. Its reserves stood at about 127.3 months of spending, up from 70.1 in 2020. Staff pay was 0% 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
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