Liabilities / Assets
30th percentile
Higher debt load relative to assets than 30% of similar nonprofits.
EIN 85-2770209 • 501(c)3 • Lakeland, FL
Profile
To drive social good through innovative ecosystems that faciitate collaboration across disciplines. Summit immpact builds ecosystems of innovation around esceptional social impact leaders. By activating the summit community - a network of activists, artists, athletes, entepreneurs, performers, and scientists - we leverage the power of collaboration and crativity to scale impact objectives in specific topic areas.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
30th percentile
Higher debt load relative to assets than 30% of similar nonprofits.
Liabilities / Revenue
25th percentile
Higher debt load relative to revenue than 25% of similar nonprofits.
Net Margin
94th percentile
Higher net margin than 94% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
98th percentile
Faster asset growth than 98% of similar nonprofits.
Revenue Growth
97th percentile
Faster revenue growth than 97% of similar nonprofits.
Assets
Down$516,896
Down $938,259 (-64%) from 2023
Liabilities
Up$18,163
Up $4,177 (+30%) from 2023
Net Assets
Down$498,733
Down $942,436 (-65%) from 2023
Revenue
Up$560,000
Up $435,862 (+351%) from 2023
Expenses
Up$1,023,130
Up $236,900 (+30%) from 2023
Net Income
Up-$463,130
Up $198,962 (+30%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
To drive social good through innovative ecosystems that faciitate collaboration across disciplines. Summit immpact builds ecosystems of innovation around esceptional social impact leaders. By activating the summit community - a network of activists, artists, athletes, entepreneurs, performers, and scientists - we leverage the power of collaboration and crativity to scale impact objectives in specific topic areas.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $1,441,169 | $498,733 | ▼ $942,436 |
| Cash and Non-Interest-Bearing Accounts | $976,274 | $463,856 | ▼ $512,418 |
| Pledges and Grants Receivable | $478,881 | $50,000 | ▼ $428,881 |
| Accounts Receivable | - | $3,040 | - |
| Total Assets | $1,455,155 | $516,896 | ▼ $938,259 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $13,986 | $18,163 | ▲ $4,177 |
| Total Liabilities | $13,986 | $18,163 | ▲ $4,177 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $1,441,169 | $498,733 | ▼ $942,436 |
| Total Liabilities and Net Assets / Fund Balance | $1,455,155 | $516,896 | ▼ $938,259 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Nick Kislinger | Executive Di | FT | $109,958 | $6,616 | $116,574 |
| Shira Abramowitz | Secretary/di | FT | $88,333 | $18,003 | $106,336 |
| Name | Title |
|---|---|
| Jeff Rosenthal | President |
| Arlan Hamilton | Board Member |
| Chante Harris | Board Member |
| Christina Sass | Board Member |
| Cristiana Falcone | Board Member |
| Greg Hoffman | Board Member |
| Hank Willis Thomas | Board Member |
| Heather Hartnett | Board Member |
| Jessica Jackley | Board Member |
| Patrick Maloney | Board Member |
| Whitney Kroenke Silverstein | Board Member |
| David Weisberg | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $553,425 |
| Other Expenses | $469,705 |
| Total Fundraising Expense | $32,046 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $232,614 | $10,167 | $15,261 | $258,042 |
| Fees for Services Other | $123,910 | $90,130 | $4,781 | $218,821 |
| Current Officers, Directors, Trustees, and Key Employees | $169,222 | $19,373 | $9,696 | $198,291 |
| Conferences and Meetings | $105,450 | - | - | $105,450 |
| Other Employee Benefits | - | $60,140 | - | $60,140 |
| Travel | $24,486 | $18,877 | $1,001 | $44,364 |
| Advertising | $20,974 | $16,169 | $858 | $38,001 |
| Payroll Taxes | - | $36,952 | - | $36,952 |
| Fees for Services Accounting | - | $32,838 | - | $32,838 |
| Office Expenses | $10,994 | $8,475 | $449 | $19,918 |
| Fees for Services Legal | - | $5,200 | - | $5,200 |
| Insurance | - | $5,113 | - | $5,113 |
| Total Functional Expenses | $687,650 | $303,434 | $32,046 | $1,023,130 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“No review was or will be conducted.”
“Summit impact established a conflict of interest polocy that governs all officers, board members and employees of the organization. These individuals are required to disclose any potential conflict of interest to the full board of directors prior to engaging in the transaction and /or relationship. The board of directors shall determine by majority vote whether the potential transaction or relatioship implicates a conflict of interest. If a conflict is deemed to exist, the impacted individual will be recused from any deliberation with respect to such contract or transaction and the remaining board members will resolve the conflict in manner that fulfills their fiduciary obligation to the organization. The minutes of the meeting shall reflect the disclosure made, the vote thereon and , when aplicable, the abstention from voting and participation, and wheather a quorum is present.”
“YES”
“No documents available to the public”
“To drive social good through innovative ecosystems that faciitate collaboration across disciplines. Summit immpact builds ecosystems of innovation around esceptional social impact leaders. By activating the summit community - a network of activists, artists, athletes, entepreneurs, performers, and scientists - we leverage the power of collaboration and crativity to scale impact objectives in specific topic areas.”
“Contractors 61,955 90,130 4,781 contractors 61,955 0 0 total 123,910 90,130 4,781”
“Grants in ar did non come through in 2024 -478,881 cc liab not reported in 2023 -425 total -479,306”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/ActivityOrMissionDesc | 0 | TO DRIVE SOCIAL GOOD THROUGH INNOVATIVE ECOSYSTEMS THAT FACIITATE COLLABORATION ACROSS DISCIPLINES. SUMMIT IMMPACT BUILDS ECOSYSTEMS OF INNOVATION AROUND ESCEPTIONAL SOCIAL IMPACT LEADERS. BY ACTIVATING THE SUMMIT COMMUNITY - A NETWORK OF ACTIVISTS, ARTISTS, ATHLETES, ENTEPRENEURS, PERFORMERS, AND SCIENTISTS - WE LEVERAGE THE POWER OF COLLABORATION AND CRATIVITY TO SCALE IMPACT OBJECTIVES IN SPECIFIC TOPIC AREAS. |
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| IRS990/Desc | 0 | SUMMIT IMPACT LABS (SIL) SIL ARE A NOVEL AND UNIQUE PLATFORM FOR INNOVATION AND COLLABORATION, FOCUSING ON SPECIFIC TOPICS SUCH AS CRIMINAL JUSTICE, DEMOCRACY, OCEANS, OR MENTAL HEALTH, LEADING THROUGH A COHORT OF 4-8 SOCIAL CHANGE LEADERS CALLED SUMMIT FELLOWS, CONNECTING A LARGER GROUP OF FIELD EXPERTS AND CROSS-COUNTRY LEADERS, AND MAXIMIZING IMPACT BY SERVING AS MISSION CONTROL, FACILITATING ENGAGEMENT AND YIELDING GREATER OUTPUT. |
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| IRS990/EmployeeCnt | 0 | 5 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
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| IRS990/ForeignFinancialAccountInd | 0 | false |
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| IRS990/InvestmentInJointVentureInd | 0 | false |
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| IRS990/IRPDocumentW2GCnt | 0 | 0 |
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| IRS990/LoanOutstandingInd | 0 | false |
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| IRS990/LocalChaptersInd | 0 | false |
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| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO DRIVE SOCIAL GOOD THROUGH INNOVATIVE ECOSYSTEMS THAT FACIITATE COLLABORATION ACROSS DISCIPLINES. SUMMIT IMMPACT BUILDS ECOSYSTEMS OF INNOVATION AROUND ESCEPTIONAL SOCIAL IMPACT LEADERS. BY ACTIVATING THE SUMMIT COMMUNITY - A NETWORK OF ACTIVISTS, ARTISTS, ATHLETES, ENTEPRENEURS, PERFORMERS, AND SCIENTISTS - WE LEVERAGE THE POWER OF COLLABORATION AND CRATIVITY TO SCALE IMPACT OBJECTIVES IN SPECIFIC TOPIC AREAS. |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 498733 |
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| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 8475 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 10994 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 19918 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
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| IRS990/OtherChangesInNetAssetsAmt | 0 | -479306 |
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| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 60140 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 15261 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 10167 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 232614 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 258042 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 36952 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 36952 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 478881 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 50000 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | NICK KISLINGER |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | SUMMIT IMPACT COMMUNITY (SIC) SIC INCLUDES PROGRAMS FOR FELLOWS ALUMNI, MENTORS, SUPPORTERS AND ENGAGED SUMMIT COMMUNITY MEMBERS. PROGRAMS FOCUS ON THREE CORE ELEMENTS: (1) COMMUNITY CONNECTION; (2) NETWORK ACTIVATION; AND (3) REFLECTIVE LEARNING. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | TO DRIVE SOCIAL GOOD THROUGH INNOVATIVE ECOSYSTEMS THAT FACIITATE COLLABORATION ACROSS DISCIPLINES. SUMMIT IMMPACT BUILDS ECOSYSTEMS OF INNOVATION AROUND ESCEPTIONAL SOCIAL IMPACT LEADERS. BY ACTIVATING THE SUMMIT COMMUNITY - A NETWORK OF ACTIVISTS, ARTISTS, ATHLETES, ENTEPRENEURS, PERFORMERS, AND SCIENTISTS - WE LEVERAGE THE POWER OF COLLABORATION AND CRATIVITY TO SCALE IMPACT OBJECTIVES IN SPECIFIC TOPIC AREAS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | SUMMIT IMPACT ESTABLISHED A CONFLICT OF INTEREST POLOCY THAT GOVERNS ALL OFFICERS, BOARD MEMBERS AND EMPLOYEES OF THE ORGANIZATION. THESE INDIVIDUALS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST TO THE FULL BOARD OF DIRECTORS PRIOR TO ENGAGING IN THE TRANSACTION AND /OR RELATIONSHIP. THE BOARD OF DIRECTORS SHALL DETERMINE BY MAJORITY VOTE WHETHER THE POTENTIAL TRANSACTION OR RELATIOSHIP IMPLICATES A CONFLICT OF INTEREST. IF A CONFLICT IS DEEMED TO EXIST, THE IMPACTED INDIVIDUAL WILL BE RECUSED FROM ANY DELIBERATION WITH RESPECT TO SUCH CONTRACT OR TRANSACTION AND THE REMAINING BOARD MEMBERS WILL RESOLVE THE CONFLICT IN MANNER THAT FULFILLS THEIR FIDUCIARY OBLIGATION TO THE ORGANIZATION. THE MINUTES OF THE MEETING SHALL REFLECT THE DISCLOSURE MADE, THE VOTE THEREON AND , WHEN APLICABLE, THE ABSTENTION FROM VOTING AND PARTICIPATION, AND WHEATHER A QUORUM IS PRESENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | YES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | CONTRACTORS 61,955 90,130 4,781 CONTRACTORS 61,955 0 0 TOTAL 123,910 90,130 4,781 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | GRANTS IN AR DID NON COME THROUGH IN 2024 -478,881 CC LIAB NOT REPORTED IN 2023 -425 TOTAL -479,306 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART XI, LINE 9 |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | NICK KISLINGER |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-12-16 |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | LAKELAND |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | PADGETT BUSINESS SERVICES |
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| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-02-26 |
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| ReturnHeader/ReturnTs | 0 | 2026-02-26T10:23:29-05:00 |
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| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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