Summit Charter School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,714,450 | 1,734,877 | −20,427 | 1.0 | 60% |
| 2012 | 1,810,386 | 1,848,328 | −37,942 | 0.7 | 60% |
| 2013 | 1,836,864 | 1,802,928 | 33,936 | 0.9 | 62% |
| 2014 | 1,850,691 | 1,920,934 | −70,243 | 0.4 | 61% |
| 2015 | 1,910,422 | 1,892,460 | 17,962 | 0.5 | 62% |
| 2016 | 1,949,188 | 1,963,298 | −14,110 | 0.4 | 60% |
| 2017 | 2,285,900 | 2,280,249 | 5,651 | 0.4 | 60% |
| 2018 | 2,452,936 | 2,384,052 | 68,884 | 0.7 | 60% |
| 2019 | 2,718,517 | 2,777,865 | −59,348 | 0.4 | 63% |
| 2020 | 2,687,785 | 2,951,550 | −263,765 | -0.7 | 65% |
| 2021 | 3,513,448 | 3,244,781 | 268,667 | 0.3 | 64% |
| 2022 | 3,784,050 | 3,720,059 | 63,991 | 0.5 | 62% |
| 2023 | 4,001,107 | 4,013,863 | −12,756 | 0.4 | 60% |
In its most recent public year (2023), this organization spent $12,756 more than it brought in. Its reserves stood at about 0.4 months of spending. Staff pay was 60% 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 Charter School Inc'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