Summit Academy Secondary School - Youngstown
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,994,364 | 1,994,364 | 0 | 0.0 | 0% |
| 2012 | 2,963,350 | 2,963,350 | 0 | 0.0 | 0% |
| 2013 | 3,882,809 | 3,882,809 | 0 | 0.0 | 0% |
| 2014 | 4,231,838 | 4,231,838 | 0 | 0.0 | 0% |
| 2015 | 4,611,506 | 4,557,704 | 53,802 | -9.8 | 0% |
| 2016 | 4,476,804 | 4,454,024 | 22,780 | -9.9 | 0% |
| 2017 | 4,287,640 | 4,694,231 | −406,591 | -11.2 | 0% |
| 2018 | 4,029,457 | 2,550,764 | 1,478,693 | -19.4 | 0% |
| 2019 | 3,281,066 | 2,953,958 | 327,108 | -15.4 | 0% |
| 2020 | 3,664,763 | 3,510,097 | 154,666 | -12.5 | 0% |
| 2021 | 3,372,007 | 3,372,007 | 0 | 0.0 | 0% |
| 2022 | 3,704,203 | 3,704,203 | 0 | 0.0 | 0% |
| 2023 | 3,385,237 | 3,385,237 | 0 | 0.0 | 0% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 0 months of spending. 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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