Summit Academy Secondary School - Canton
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,070,559 | 1,070,559 | 0 | 0.0 | 0% |
| 2012 | 1,184,808 | 1,184,808 | 0 | 0.0 | 0% |
| 2013 | 1,227,032 | 1,227,032 | 0 | 0.0 | 0% |
| 2014 | 1,505,254 | 1,505,254 | 0 | 0.0 | 0% |
| 2015 | 1,681,176 | 1,657,127 | 24,049 | -9.8 | 0% |
| 2016 | 1,795,294 | 1,791,898 | 3,396 | -9.0 | 0% |
| 2017 | 1,732,886 | 1,857,737 | −124,851 | -11.3 | 0% |
| 2018 | 1,876,135 | 1,225,902 | 650,233 | -15.5 | 0% |
| 2019 | 1,900,351 | 1,798,995 | 101,356 | -9.9 | 0% |
| 2020 | 1,447,179 | 1,574,373 | −127,194 | -12.2 | 0% |
| 2021 | 1,393,981 | 1,393,981 | 0 | 0.0 | 0% |
| 2022 | 1,514,563 | 1,514,563 | 0 | 0.0 | 0% |
| 2023 | 1,559,756 | 1,559,756 | 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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