Summit Middle Charter School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,427,092 | 2,811,874 | 615,218 | 2.6 | 0% |
| 2012 | 2,999,648 | 2,766,864 | 232,784 | 3.6 | 0% |
| 2013 | 3,119,821 | 2,881,766 | 238,055 | 4.5 | 0% |
| 2014 | 3,170,157 | 3,049,848 | 120,309 | 4.7 | 0% |
| 2015 | 3,463,160 | 3,619,940 | −156,780 | -10.1 | 0% |
| 2016 | 3,603,862 | 4,451,763 | −847,901 | -10.5 | 0% |
| 2017 | 3,785,835 | 5,660,831 | −1,874,996 | -12.4 | 0% |
| 2018 | 3,959,851 | 6,010,612 | −2,050,761 | -16.4 | 0% |
| 2019 | 4,308,775 | 3,852,227 | 456,548 | -22.0 | 55% |
| 2020 | 4,431,777 | 4,023,248 | 408,529 | -17.5 | 54% |
| 2021 | 4,417,232 | 3,970,065 | 447,167 | -12.2 | 53% |
| 2022 | 4,894,569 | 4,739,319 | 155,250 | -6.0 | 51% |
| 2023 | 5,254,152 | 4,915,294 | 338,858 | -5.0 | 55% |
In its most recent public year (2023), this organization brought in $338,858 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-5 months), down from 2.6 in 2011. Staff pay was 55% 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
Summit Middle Charter School 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