The Summit Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,667,224 | 2,010,790 | 656,434 | 27.8 | 13% |
| 2012 | 2,614,013 | 2,114,226 | 499,787 | 32.4 | 13% |
| 2013 | 3,175,567 | 3,000,842 | 174,725 | 25.0 | 10% |
| 2014 | 2,943,293 | 2,842,830 | 100,463 | 27.8 | 10% |
| 2015 | 6,064,257 | 2,982,561 | 3,081,696 | 36.8 | 11% |
| 2016 | 4,366,498 | 3,530,877 | 835,621 | 36.5 | 11% |
| 2017 | 5,434,610 | 4,236,012 | 1,198,598 | 33.8 | 10% |
| 2018 | 4,062,296 | 4,604,202 | −541,906 | 30.6 | 11% |
| 2019 | 5,190,320 | 4,412,213 | 778,107 | 40.3 | 12% |
| 2020 | 8,053,681 | 4,947,112 | 3,106,569 | 43.9 | 11% |
| 2021 | 6,446,939 | 5,484,033 | 962,906 | 46.6 | 10% |
| 2022 | 4,939,479 | 4,887,496 | 51,983 | 44.2 | 12% |
| 2023 | 7,224,766 | 5,163,813 | 2,060,953 | 49.9 | 14% |
In its most recent public year (2023), this organization brought in $2,060,953 more than it spent. Its reserves stood at about 49.9 months of spending, up from 27.8 in 2011. Staff pay was 14% of spending. $3,177,746 of its net assets are donor-restricted.
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
The Summit Foundation'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