Civic Intelligence

Summit Academy Secondary School - Lorain C/O Summit Academy Management

990 • Fiscal year 2018 • EIN 73-1685362

Jul 01, 2017 to Jun 30, 2018

Akron, OH
Siviq Scores

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

Liabilities / Assets

99th percentile

2.90x

Higher debt load relative to assets than 99% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

87th percentile

1.19x

Higher debt load relative to revenue than 87% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

87th percentile

36%

Higher net margin than 87% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

69th percentile

8.2%

Faster asset growth than 69% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

92nd percentile

84%

Faster revenue growth than 92% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$942,415

Up $71,718 (+8.2%) from 2017

Net Assets

Up

-$1,791,118

Up $337,343 (+16%) from 2017

Liabilities

Down

$2,733,533

Down $265,625 (-8.9%) from 2017

Revenue

Up

$2,301,900

Up $1,053,431 (+84%) from 2017

Expenses

Up

$1,461,973

Up $110,032 (+8.1%) from 2017

Net Income

Up

$839,927

Up $943,399 (+912%) from 2017

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2010: $63,191Liabilities 2010: $63,191Net Assets 2010: $02010Assets 2011: $23,185Liabilities 2011: $23,185Net Assets 2011: $02011Assets 2012: $55,408Liabilities 2012: $55,408Net Assets 2012: $02012Assets 2013: $67,954Liabilities 2013: $67,954Net Assets 2013: $02013Assets 2014: $79,381Liabilities 2014: $79,381Net Assets 2014: $02014Assets 2015: $272,743Liabilities 2015: $2,048,251Net Assets 2015: -$1,775,5082015Assets 2016: $466,496Liabilities 2016: $2,232,456Net Assets 2016: -$1,765,9602016Assets 2017: $870,697Liabilities 2017: $2,999,158Net Assets 2017: -$2,128,4612017Assets 2018: $942,415Liabilities 2018: $2,733,533Net Assets 2018: -$1,791,1182018Assets 2019: $1,968,829Liabilities 2019: $3,714,904Net Assets 2019: -$1,746,0752019Assets 2020: $1,647,863Liabilities 2020: $3,617,747Net Assets 2020: -$1,969,8842020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2018

Assets$942,415
Liabilities$2,733,533
Net Assets-$1,791,118

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,205,5652010Expenses 2011: $1,209,2442011Expenses 2012: $1,133,1352012Expenses 2013: $1,144,5692013Revenue 2014: $1,381,812Expenses 2014: $1,381,812Net Income 2014: $02014Revenue 2015: $1,503,219Expenses 2015: $1,468,488Net Income 2015: $34,7312015Revenue 2016: $1,696,374Expenses 2016: $1,686,826Net Income 2016: $9,5482016Revenue 2017: $1,248,469Expenses 2017: $1,351,941Net Income 2017: -$103,4722017Revenue 2018: $2,301,900Expenses 2018: $1,461,973Net Income 2018: $839,9272018Revenue 2019: $2,502,882Expenses 2019: $2,457,839Net Income 2019: $45,0432019Revenue 2020: $2,555,631Expenses 2020: $2,779,440Net Income 2020: -$223,8092020Revenue 2021: $2,407,972Expenses 2021: $2,407,972Net Income 2021: $02021Revenue 2022: $2,723,644Expenses 2022: $2,723,644Net Income 2022: $02022Revenue 2023: $2,675,433Expenses 2023: $2,675,433Net Income 2023: $02023Revenue 2024: $3,033,141Expenses 2024: $3,033,141Net Income 2024: $02024

Highlighted filing

2018

Revenue$2,301,900
Expenses$1,461,973
Net Income$839,927
Filing Detail Status

This 2018 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Mission and Program Overview

Mission

The summit academy schools build hope, success, and well-being through advocacy and education for children with special needs.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$3.03$3.03$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$2.68$2.68$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$2.72$2.72$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$2.41$2.41$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.65$3.62$1.97$2.56$2.78$0.22
2019Detailed filing. Detailed filing data is available for this year.$1.97$3.71$1.75$2.50$2.46$0.05
2018Summary only. Only limited summary data is available for this year.$0.94$2.73$1.79$2.30$1.46$0.84
2017Detailed filing. Detailed filing data is available for this year.$0.87$3.00$2.13$1.25$1.35$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.47$2.23$1.77$1.70$1.69$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.27$2.05$1.78$1.50$1.47$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.00$1.38$1.38$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.07$0.00$1.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.06$0.00$1.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.02$0.00$1.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.06$0.00$1.21