SUMMIT HEALTH INSTITUTE FOR RESEARCH AND EDUCATION

EIN: 521936403 501(c)(3) Education

Washington, DC

Total Revenue
$104,938
Total Expenses
$102,300
Total Assets
$681
Net Assets
$681
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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
1997
Legal Domicile
DC
Principal Officer
Ruth T Perot
Phone
2023710277
Tax Period
2019-10-01 to 2020-09-30

SUMMIT HEALTH INSTITUTE FOR RESEARCH AND EDUCATION, founded in 1997, is a small nonprofit in the Education sector that reported $105K in total revenue in fiscal year 2019. Revenue fell 52% from the prior year — a significant decline worth monitoring.

Mission

Summit Health Institute for Research and Education (SHIRE) is dedicated to the promotion of health and wellness for all people.

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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 (2019)

Revenue Breakdown

Contributions & Grants $104,938
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $104,938

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,600
Fundraising Expenses $0
Program Expenses $75,190
Other Expenses $92,700
TOTAL EXPENSES $102,300

Year-over-Year Comparison

2019 2018 Change
Revenue $104,938 $218,698 -0.5%
Expenses $102,300 $233,198 -0.6%
Net Income $2,638 $-14,500 -1.2%
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
8
Independent Members
7
Employees
N/A
Volunteers
6

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
$9,600
Total Directors
7
$0
Key Employees
1
$9,600
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ruth T Perot Secretary and Executive Director 20
Officer Key Emp Highest
$9,600 $0 $9,600
Hardy Spoehr Board Chair 0.5
Director
$0 $0 $0
Marsha Edwards Vice-Chair 1
Director
$0 $0 $0
Dave Baldridge Director 0.5
Director
$0 $0 $0
Daniel Dawes Director 0.5
Director
$0 $0 $0
Leroy Harris Director 0.5
Director
$0 $0 $0
Joyce Hunter Director 0.5
Director
$0 $0 $0
Wayne Wells Director 1
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
2020 $104,938 $102,300 $681 $2,638
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