Education
(B200)
990 on File
SUMMIT SCHOOL INC
Financial strength (30%)
84/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$15.9M
Total Revenue
$15.7M
Total Expenses
$7.2M
Net Assets
201
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
91.8%
Fundraising Efficiency
N/A
Operating Reserve
5.46x
Liability-to-Asset
23.5%
Revenue Diversification
95.3%
Executive Compensation
$276K
Compared with Peers
FY 2023
Compared with 3,578 similar organizations
(United States, Education, $10M–$100M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
91.8% | 84.4% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.2% | 13.5% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.7% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.5 mo | 10.9 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
23.5% | 34.2% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
95.3% | 87.3% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
12.3% | 4.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
12.0% | 8.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.7% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $15.9M | $15.7M | $7.2M | 91.8% | 201 |
| 2022 | $14.1M | $14.1M | $7.0M | 91.7% | 186 |
| 2021 | $14.5M | $12.2M | N/A | — | 242 |
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