Summit Academy-Toledo
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,209,244 | 1,209,244 | 0 | 0.0 | 0% |
| 2012 | 1,133,135 | 1,133,135 | 0 | 0.0 | 0% |
| 2013 | 1,144,569 | 1,144,569 | 0 | 0.0 | 0% |
| 2014 | 1,381,812 | 1,381,812 | 0 | 0.0 | 0% |
| 2015 | 1,503,219 | 1,468,488 | 34,731 | -14.5 | 0% |
| 2016 | 1,696,374 | 1,686,826 | 9,548 | -12.6 | 0% |
| 2017 | 1,248,469 | 1,351,941 | −103,472 | -18.9 | 0% |
| 2018 | 2,301,900 | 1,461,973 | 839,927 | -14.7 | 0% |
| 2019 | 2,502,882 | 2,457,839 | 45,043 | -8.5 | 0% |
| 2020 | 2,555,631 | 2,779,440 | −223,809 | -8.5 | 0% |
| 2021 | 2,407,972 | 2,407,972 | 0 | 0.0 | 0% |
| 2022 | 2,723,644 | 2,723,644 | 0 | 0.0 | 0% |
| 2023 | 2,675,433 | 2,675,433 | 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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