Summit Community Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 61,319 | 56,447 | 4,872 | 13.7 | — |
| 2012 | 63,862 | 58,665 | 5,197 | 14.2 | — |
| 2013 | 71,091 | 70,358 | 733 | 6.4 | — |
| 2014 | 67,572 | 66,603 | 969 | 8.2 | — |
| 2015 | 68,757 | 58,351 | 10,406 | 13.0 | — |
| 2016 | 71,070 | 88,676 | −17,606 | 6.9 | — |
| 2017 | 69,145 | 68,132 | 1,013 | 9.1 | — |
| 2018 | 70,266 | 59,454 | 10,812 | 12.7 | — |
| 2019 | 67,805 | 59,567 | 8,238 | 14.3 | — |
| 2020 | 53,676 | 56,637 | −2,961 | 14.4 | — |
| 2021 | 77,342 | 62,842 | 14,500 | 15.8 | — |
| 2022 | 88,786 | 156,590 | −67,804 | 1.1 | — |
| 2023 | 85,952 | 85,340 | 612 | 2.2 | — |
In its most recent public year (2023), this organization brought in $612 more than it spent. Its reserves stood at about 2.2 months of spending, down from 13.7 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 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 Community Association 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