Civic Intelligence

Summit Education Initiative

990 • Fiscal year 2012 • EIN 34-1843220

Jul 01, 2011 to Jun 30, 2012 • Filed on Oct 22, 2012

Organization ProfileWWW.SEISUMMIT.ORG

View Organization Page

520 S Main Street No 245544311-1010
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.09x

Higher debt load relative to assets than 57% of similar nonprofits.

2012 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

83rd percentile

24%

Faster asset growth than 83% of similar nonprofits.

2012 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$705,716

Up $137,393 (+24%) from 2011

Net Assets

Up

$638,766

Up $134,410 (+27%) from 2011

Liabilities

Up

$66,950

Up $2,983 (+4.7%) from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$361,508

Down $148,055 (-29%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $568,323Liabilities 2011: $63,967Net Assets 2011: $504,3562011Assets 2012: $705,716Liabilities 2012: $66,950Net Assets 2012: $638,7662012Assets 2013: $690,393Liabilities 2013: $68,955Net Assets 2013: $621,4382013Assets 2014: $882,545Liabilities 2014: $99,248Net Assets 2014: $783,2972014Assets 2015: $1,440,974Liabilities 2015: $128,704Net Assets 2015: $1,312,2702015Assets 2016: $1,665,904Liabilities 2016: $124,910Net Assets 2016: $1,540,9942016Assets 2017: $1,907,227Liabilities 2017: $161,678Net Assets 2017: $1,745,5492017Assets 2018: $2,041,024Liabilities 2018: $196,075Net Assets 2018: $1,844,9492018Assets 2019: $2,004,506Liabilities 2019: $206,254Net Assets 2019: $1,798,2522019Assets 2020: $2,454,707Liabilities 2020: $229,455Net Assets 2020: $2,225,2522020Assets 2021: $3,055,893Liabilities 2021: $205,468Net Assets 2021: $2,850,4252021Assets 2022: $2,470,947Liabilities 2022: $257,587Net Assets 2022: $2,213,3602022Assets 2023: $2,003,128Liabilities 2023: $192,356Net Assets 2023: $1,810,7722023Assets 2024: $2,104,978Liabilities 2024: $245,978Net Assets 2024: $1,859,0002024

Highlighted filing

2012

Assets$705,716
Liabilities$66,950
Net Assets$638,766
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $509,5632011Expenses 2012: $361,5082012Expenses 2013: $542,2852013Revenue 2014: $744,293Expenses 2014: $589,727Net Income 2014: $154,5662014Revenue 2015: $1,254,047Expenses 2015: $723,765Net Income 2015: $530,2822015Revenue 2016: $1,130,278Expenses 2016: $907,612Net Income 2016: $222,6662016Revenue 2017: $1,318,408Expenses 2017: $1,160,461Net Income 2017: $157,9472017Revenue 2018: $1,373,810Expenses 2018: $1,258,056Net Income 2018: $115,7542018Revenue 2019: $1,439,668Expenses 2019: $1,466,327Net Income 2019: -$26,6592019Revenue 2020: $1,927,440Expenses 2020: $1,536,437Net Income 2020: $391,0032020Revenue 2021: $2,055,954Expenses 2021: $1,602,742Net Income 2021: $453,2122021Revenue 2022: $1,681,930Expenses 2022: $2,031,352Net Income 2022: -$349,4222022Revenue 2023: $1,186,745Expenses 2023: $1,691,020Net Income 2023: -$504,2752023Revenue 2024: $1,582,772Expenses 2024: $1,601,901Net Income 2024: -$19,1292024

Highlighted filing

2012

Revenue-
Expenses$361,508
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Oct 22, 2012
Return Version
2011v1.2
Gross Receipts
$498,647
Mission and Program Overview

Mission

Our vision is to dramatically improve individual and regional prosperity through increased educational attainment.

Filing and Contact Details

Filer

EIN
34-1843220
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IRS990/Description0DESTINATION COLLEGE, A PARTNERSHIP BETWEEN AKRON PUBLIC SCHOOLS, COVENTRY LOCAL SCHOOLS, CUYAHOGA FALLS CITY SCHOOLS, TALLMADGE CITY SCHOOLS, SUMMIT EDUCATION INITIATIVE (SEI), AND THE UNIVERSITY OF AKRON, WAS ESTABLISHED TO INCREASE THE NUMBER OF SUMMIT COUNTY STUDENTS WHO ASPIRE TO AND PURSUE POSTSECONDARY EDUCATION. IN PARTICULAR, DESTINATION COLLEGE WORKS WITH STUDENTS WHO HAVE POTENTIAL, BUT WHO NEED SUBSTANTIAL SUPPORT TO MAKE THE TRANSITION FROM HIGH SCHOOL TO COLLEGE. THE INTENT IS TO WORK WITH A CORE GROUP OF STUDENTS AT EACH PARTNER HIGH SCHOOL, AND PROVIDE THEM WITH INTENSIVE TRANSITION ACTIVITIES. THE ACTIVITIES ARE DESIGNED TO HELP STUDENTS BOOST THEIR ACT SCORES SO THEY CAN ENTER COLLEGE WITHOUT THE NEED FOR REMEDIAL COURSEWORK, TO DEMYSTIFY THE COLLEGE EXPERIENCE, AND TO RAISE CAREER AWARENESS THROUGH CAREER EXPLORATION OPPORTUNITIES. DESTINATION COLLEGE PROVIDES SUPPORT IN THREE FORMS - ACADEMIC READINESS, ASPIRATION BUILDING, AND DIRECT FINANCIAL SUPPORT.ACADEMIC READINESS: THE FIRST PRIORITY IS ENSURING THESE YOUNG PEOPLE ARE READY TO TAKE THE ACT, FOR A SECOND TIME, IN THE FALL OF THEIR SENIOR YEAR. AN INTENSIVE TWO-WEEK SUMMER ACADEMY PROVIDES THEM WITH MATH AND READING SKILL DEVELOPMENT AND USEFUL TEST-TAKING STRATEGIES. A FOLLOW-UP EVENT, MATHPALOOZA, REVIEWS KEY MATH SKILLS TO ENSURE STUDENTS HAVE MASTERED THE CONTENT.ASPIRATION BUILDING: THE GAP IS MORE THAN ACADEMIC; IT IS ALSO SOCIAL AND CULTURAL. MENTORS HELP REMOVE BARRIERS AND SHEPHERD THESE YOUNG PEOPLE FROM THEIR JUNIOR YEAR OF HIGH SCHOOL THROUGH ENROLLMENT IN A POSTSECONDARY INSTITUTION. DIRECT FINANCIAL SUPPORT: DESTINATION COLLEGE WALKS PARENTS AND THEIR SONS ANDDAUGHTERS THROUGH THE PROCEDURES TO APPLY FOR FEDERAL FINANCIAL AID. ADDITIONALLY, DESTINATION COLLEGE PAYS FOR PREPARATION MATERIALS, ACT FEES, AND THE FIRST COLLEGE APPLICATION FEE.THE PROGRAM SERVED 73 SENIORS AND 70 JUNIORS DURING FISCAL YEAR 2011-2012.
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IRS990/PermanentlyRestrictedNetAssets/EOY054709
IRS990/PoliticalActivities00
IRS990/PrepaidExpensesDeferredCharges/BOY04299
IRS990/PrepaidExpensesDeferredCharges/EOY04883
IRS990/PriorExcessBenefitTransaction00
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenueCY00
IRS990/ProgramServiceRevenuePriorYear00
IRS990/ProhibitedTaxShelterTrans00
IRS990/QuidProQuoContributions00
IRS990/ReconcilationOtherChanges0-2729
IRS990/ReconcilationRevenueExpenses0137139
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity00
IRS990/RelatedOrgControlledEntity00
IRS990/ReportFin48Footnote00
IRS990/ReportInvestOthSecurities01
IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets01
IRS990/ReportOtherLiabilities00
IRS990/ReportProgRelInvest00
IRS990/RevenuesLessExpensesCY0137139
IRS990/RevenuesLessExpensesPriorYear0-2097
IRS990/SalariesEtcCurrentYear0216592
IRS990/SalariesEtcPriorYear0235665
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear0494012
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year0496697
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years0685672
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years0794434
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years01187926
IRS990ScheduleA/GiftsGrantsContribReceived170/Total03658741
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear02592
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year04200
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years04566
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years010092
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years014257
IRS990ScheduleA/GrossInvestmentIncome170/Total035707
IRS990ScheduleA/OtherIncome170/CurrentTaxYear02043
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus1Year06569
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus2Years010828
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus3Years0272
IRS990ScheduleA/OtherIncome170/Total019712
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPertcentage17000.98510
IRS990ScheduleA/PublicSupportPertcentPriorYear00.98130
IRS990ScheduleA/PublicSupportTotal17003658741
IRS990ScheduleA/ThirtyThreePercntTestsCY1700X
IRS990ScheduleA/Total170/CurrentTaxYear0494012

Document Assets

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Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$705,716
Liabilities
$66,950
Net assets
$638,766
Revenue
-
Expenses
$361,508
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.10$0.25$1.86$1.58$1.60$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.19$1.81$1.19$1.69$0.50
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.47$0.26$2.21$1.68$2.03$0.35
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.06$0.21$2.85$2.06$1.60$0.45
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.45$0.23$2.23$1.93$1.54$0.39
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$0.21$1.80$1.44$1.47$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.04$0.20$1.84$1.37$1.26$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.91$0.16$1.75$1.32$1.16$0.16
2016Detailed filing. Detailed filing data is available for this year.$1.67$0.12$1.54$1.13$0.91$0.22
2015Detailed filing. Detailed filing data is available for this year.$1.44$0.13$1.31$1.25$0.72$0.53
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.10$0.78$0.74$0.59$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.07$0.62$0.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.07$0.64$0.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.06$0.50$0.51