B โ€” EducationEIN: 201438260ยท Ruling Year: 2006

Summit Academy-youngstown

Akron, Ohio

FHealth Score
23F

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Critical

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

๐Ÿ’ฐ
$3.6M
Total Revenue
๐Ÿ“Š
$3.6M
Total Expenses
๐Ÿฆ
$0
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-23.4%
Year-over-year change (2022 โ†’ 2023)
Net Margin
0.0%
Revenue minus expenses as % of revenue

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,565,147โ†“23%$3,565,147โ†“23%$0
2022$4,656,600โ†‘28%$4,656,600โ†‘28%$0
2021$3,649,341โ†“17%$3,649,341โ†“22%$0โ†“100%
2020$4,387,331โ†‘1%$4,662,722โ†‘16%$2,152,734โ†“10%
2019$4,336,018โ†“5%$4,027,462โ†‘57%$2,398,388โ†“20%
2018$4,549,036โ†‘7%$2,567,386โ†“45%$3,000,262โ†‘4%
2017$4,257,622โ†‘11%$4,693,081โ†‘24%$2,880,063โ†‘14%
2016$3,829,200โ†‘2%$3,784,754โ†‘3%$2,525,812โ†‘168%
2015$3,758,177โ†‘4%$3,676,017โ†‘2%$941,242โ†‘168%
2014$3,615,740โ†‘4%$3,615,740โ†‘4%$351,322โ†‘48%
2013$3,460,536โ†“7%$3,460,536โ†“7%$238,095โ†‘28%
2012$3,740,009โ†“5%$3,740,009โ†“5%$185,416โ†‘27%
2011$3,936,501$3,936,501$145,917

Frequently Asked Questions

What does Summit Academy-youngstown do?โ–ผ

Summit Academy-youngstown is a education nonprofit organization based in Ohio. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Summit Academy-youngstown financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Summit Academy-youngstown has a score of 23/100 (Grade: F). 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-youngstown generate?โ–ผ

Summit Academy-youngstown reports $3.4M in annual revenue and holds $0 in total assets, based on IRS filings.

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Summit Academy-youngstown โ€” Akron, OH | GiveScope