SUMMIT CHRISTIAN ACADEMY

EIN: 464565045 501(c)(3)

SPOKANE, WA

Total Revenue
$678,671
Total Expenses
$711,216
Total Assets
$39,923
Net Assets
$178
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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
2014
Legal Domicile
WA
Tax Period
2023-08-01 to 2024-07-31

SUMMIT CHRISTIAN ACADEMY, founded in 2014, is a small nonprofit that reported $679K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE EDUCATIONAL SERVICES FOR GRADES K-12 FROM A CHRISTIAN PERSPECTIVE.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $42,480
Program Service Revenue $619,611
Investment Income $259
Other Revenue $16,321
TOTAL REVENUE $678,671

Expense Breakdown

Grants Paid $0
Salaries & Benefits $448,692
Fundraising Expenses $3,566
Program Expenses $577,067
Other Expenses $262,524
TOTAL EXPENSES $711,216

Year-over-Year Comparison

2023 2022 Change
Revenue $678,671 $554,909 +0.2%
Expenses $711,216 $642,612 +0.1%
Net Income $-32,545 $-87,703 -0.6%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
18
Volunteers
N/A

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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VYACHESLAV KOZHOKARU Treasurer 4.00
Officer Director
$0 $0 $0
OLENA KHOMENKO Director 4.00
Director
$0 $0 $0
YELENA SOLODYANKIN President 4.00
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 $678,671 $711,216 $39,923 $-32,545
2023 $554,909 $642,612 $47,236 $-87,703
2022 $747,703 $662,648 $144,265 $85,055
2021 $391,587 $428,145 $123,606 $-36,558
2020 $478,810 $451,646 $155,154 $27,164
2018 $585,983 $613,021 $72,875 $-27,038
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