BEducationEIN: 562039872· Ruling Year: 1998

Summit Charter School Foundation Inc

Cashiers, North Carolina

B+Health Score
70B+

Financial Health Score

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

Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org11.97×
Peer Median20.77×
💰
$4.1M
Total Revenue
📊
$1.1M
Total Expenses
🏦
$13.8M
Net Assets
📋
$5.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+335.7%
Year-over-year change (2022 → 2023)
Net Margin
+72.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
11.97
Net assets divided by total expenses
Liabilities-to-Assets
29.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,145,327336%$1,149,75013%$19,481,90481%
2022$951,43531%$1,019,21212%$10,743,4751%
2021$728,4864%$907,20649%$10,882,2772%
2020$703,73230%$609,82913%$11,158,5891%
2019$1,008,04450%$702,43818%$11,074,3012%
2018$2,013,34057%$594,49516%$10,838,55616%
2017$4,708,984697%$512,00316%$9,377,84346%
2016$590,482128%$608,433100%$6,418,1311%
2015$258,76964%$303,54151%$6,483,0972%
2014$719,79650%$617,09418%$6,628,7362%
2013$479,0059%$524,8305%$6,513,0341%
2012$525,11467%$554,1373%$6,604,3762%
2011$1,606,225$569,517$6,769,041

Frequently Asked Questions

What does Summit Charter School Foundation Inc do?

Summit Charter School Foundation Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B110 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Summit Charter School Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Summit Charter School Foundation Inc has a score of 70/100 (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 Charter School Foundation Inc generate?

Summit Charter School Foundation Inc reports $4.2M in annual revenue and holds $18.3M in total assets, based on IRS filings.

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