Summit Academy Toledo
Akron, Ohio
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Poor
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,675,433โ2% | $2,675,433โ2% | $0 | |
| 2022 | $2,723,644โ13% | $2,723,644โ13% | $0 | โ |
| 2021 | $2,407,972โ6% | $2,407,972โ13% | $0โ100% | โ |
| 2020 | $2,555,631โ2% | $2,779,440โ13% | $1,647,863โ16% | โ |
| 2019 | $2,502,882โ9% | $2,457,839โ68% | $1,968,829โ109% | โ |
| 2018 | $2,301,900โ84% | $1,461,973โ8% | $942,415โ8% | โ |
| 2017 | $1,248,469โ26% | $1,351,941โ20% | $870,697โ87% | โ |
| 2016 | $1,696,374โ13% | $1,686,826โ15% | $466,496โ71% | โ |
| 2015 | $1,503,219โ9% | $1,468,488โ6% | $272,743โ244% | โ |
| 2014 | $1,381,812โ21% | $1,381,812โ21% | $79,381โ17% | โ |
| 2013 | $1,144,569โ1% | $1,144,569โ1% | $67,954โ23% | โ |
| 2012 | $1,133,135โ6% | $1,133,135โ6% | $55,408โ139% | โ |
| 2011 | $1,209,244 | $1,209,244 | $23,185 | โ |
Frequently Asked Questions
What does Summit Academy Toledo do?โผ
Summit Academy Toledo 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 Toledo financially healthy?โผ
Based on our 9-metric Financial Health Score model, Summit Academy Toledo has a score of 32/100 (Grade: D). 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 Toledo generate?โผ
Summit Academy Toledo reports $3.0M in annual revenue and holds $0 in total assets, based on IRS filings.