Summit Academy Incorporated
Draper, Utah
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 73 peers in Education with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $31,594,749↑39% | $32,494,566↑43% | $80,549,001↑27% | — |
| 2023 | $22,760,375↑1% | $22,656,351↑13% | $63,233,109↑4% | — |
| 2022 | $22,619,755↑7% | $20,011,122↓2% | $60,757,403↑5% | — |
| 2021 | $21,044,224↑4% | $20,520,818↑1% | $58,076,316↑1% | — |
| 2020 | $20,179,182↑6% | $20,269,775↑11% | $57,560,180↑141% | — |
| 2019 | $18,990,160 | $18,302,918↑3% | $23,859,862↑6% | — |
| 2018 | $19,068,462↑10% | $17,737,507↑10% | $22,530,027↑5% | — |
| 2017 | $17,290,412↑44% | $16,052,647↑38% | $21,365,299↑6% | — |
| 2016 | $12,017,403↑12% | $11,663,304↑16% | $20,088,668↑1% | — |
| 2015 | $10,722,641↑58% | $10,056,038↑50% | $19,867,185↑3% | — |
| 2014 | $6,769,855↑1% | $6,686,568 | $19,329,606↓1% | — |
| 2013 | $6,726,037↑5% | $6,685,981↑1% | $19,473,816↓2% | — |
| 2012 | $6,405,650 | $6,627,188 | $19,808,258 | — |
Frequently Asked Questions
What does Summit Academy Incorporated do?▼
Summit Academy Incorporated is a education nonprofit organization based in Utah. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Summit Academy Incorporated financially healthy?▼
Based on our 9-metric Financial Health Score model, Summit Academy Incorporated has a score of 57/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Summit Academy Incorporated generate?▼
Summit Academy Incorporated reports $33.2M in annual revenue and holds $82.9M in total assets, based on IRS filings.