SUMMIT SCHOOLS INC (EIN 411472874) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

LARISA BICKEL

Phone

3192942036

Tax Period

2023-06-01 to 2024-05-31

SUMMIT SCHOOLS INC, founded in 1998, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $1.3M left a modest 11% surplus.

Mission

TO ASSIST CHILDREN IN REACHING THEIR FULLEST POTENTIAL THROUGH QUALITY ACADEMIC EDUCATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $186,862

Program Service Revenue $1,256,654

Investment Income $22,541

Other Revenue $26,497

TOTAL REVENUE $1,492,554

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,029,418

Fundraising Expenses $0

Program Expenses $1,239,114

Other Expenses $305,617

TOTAL EXPENSES $1,335,035

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,492,554	$1,298,673	+0.1%
Expenses	$1,335,035	$1,183,656	+0.1%
Net Income	$157,519	$115,017	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASHLEY BALSTER	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
ARMOND DAWSON	BOARD MEMBER	N/A	Director	$0	$0	$0
CAMRON DEVOR	TREASURER	N/A	Officer Director	$0	$0	$0
THERESA FETTKETHER	PRESIDENT	N/A	Officer Director	$0	$0	$0
MEGAN HART-FERNANDEZ	BOARD MEMBER	N/A	Director	$0	$0	$0
LAURENE LANICH	BOARD MEMBER	N/A	Officer Director	$0	$0	$0
BECKY LINDWALL	SECRETARY	N/A	Director	$0	$0	$0
CASSIE MITVALSKY	BOARD MEMBER	N/A	Director	$0	$0	$0
AMY SHOEMAKER	BOARD MEMBER	N/A	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$1,492,554	$1,335,035	$1,588,473	$157,519
2023	$1,298,673	$1,183,656	$1,418,436	$115,017
2022	$1,505,080	$1,108,144	$1,306,096	$396,936
2021	$1,032,702	$1,030,168	$1,232,201	$2,534
2020	$1,081,194	$1,055,599	$1,042,270	$25,595
2019	$1,108,561	$1,051,356	$968,009	$57,205

SUMMIT SCHOOLS INC