New Summit Academy
Colorado Springs, Colorado
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
9 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $8,271,163↑8% | $8,820,755↑7% | $6,606,058↑24% | |
| 2023 | $7,673,089↑16% | $8,254,674↑36% | $5,313,223↑5% | — |
| 2022 | $6,609,108↑6% | $6,087,308↓15% | $5,053,529↓24% | — |
| 2021 | $6,238,934↑12% | $7,130,584 | $6,687,305↓4% | — |
| 2020 | $5,554,980↑17% | $7,158,443↑29% | $6,946,041↑18% | — |
| 2019 | $4,743,610↑640% | $5,536,044↑973% | $5,889,060↑1322% | — |
| 2018 | $641,449↑27997% | $515,850↑281785% | $414,276↑18731% | — |
| 2017 | $2,283↑2183% | $183 | $2,200↑2100% | — |
| 2016 | $100 | $0 | $100 | — |
Frequently Asked Questions
What does New Summit Academy do?▼
New Summit Academy is a education nonprofit organization based in Colorado. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Summit Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, New Summit Academy has a score of 42/100 (Grade: C). 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 New Summit Academy generate?▼
New Summit Academy reports $9.9M in annual revenue and holds $6.6M in total assets, based on IRS filings.