Is Summit Academy Transition High School Cincinnati Legit?
Quick charity verification for Summit Academy Transition High School Cincinnati (EIN: 201437962)
Verdict: Summit Academy Transition High School Cincinnati appears trustworthy
70/100Mission Score
$1.4MRevenue
$0Assets
3Red Flags
2Strengths
Red Flags
Consistent reporting of $0 in assets in recent filings, which is unusual for an operating school.
Consistent reporting of 0% officer compensation, which may obscure true leadership costs.
Historically high liabilities (e.g., $2,994,473 in 2017) followed by a sudden drop to $0, without clear explanation in the provided data.
Strengths
Consistent balancing of annual revenue and expenses in recent years (e.g., 2023, 2022, 2021), indicating sound operational budgeting.
Significant reduction and elimination of historical liabilities, suggesting improved financial management or resolution of past debts.
Spending Breakdown
How Summit Academy Transition High School Cincinnati allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Summit Academy Transition High School Cincinnati
Is Summit Academy Transition High School Cincinnati a legitimate charity?
Based on AI analysis of IRS 990 filings, Summit Academy Transition High School Cincinnati (EIN: 201437962) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 2 strengths noted.
Is Summit Academy Transition High School Cincinnati a good charity to donate to?
Summit Academy Transition High School Cincinnati has a Mission Score of 70/100. Revenue: $1.4M. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Summit Academy Transition High School Cincinnati?
The Employer Identification Number (EIN) for Summit Academy Transition High School Cincinnati is 201437962. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Summit Academy Transition High School Cincinnati spend its money?
Summit Academy Transition High School Cincinnati allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Summit Academy Transition High School Cincinnati's tax-exempt status?
You can verify Summit Academy Transition High School Cincinnati's tax-exempt status using EIN 201437962 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Summit Academy Transition High School Cincinnati demonstrates a consistent operational pattern of matching expenses to revenue, as seen in the 2023, 2022, 2021, and 2014 fiscal periods where Expenses equaled Revenue. This suggests a tight budget management approach, though it also means the organization is not building significant reserves. The organization's assets have been reported as $0 in recent filings (2023, 2022, 2021), which is unusual for an operating entity and warrants further investigation into how its operations are funded and assets are managed. Historically, the organization has carried significant liabilities, peaking at $2,994,473 in 2017, which have since been reduced to $0 in recent years, indicating a significant financial restructuring or resolution of past debts.
Spending efficiency appears high in terms of program delivery, given the nature of a school. However, without a detailed breakdown of expenses beyond total revenue and expenses, it's challenging to fully assess the efficiency of program spending versus administrative or fundraising costs. The consistent reporting of 0% officer compensation across all available filings suggests either a volunteer leadership structure or that compensation is reported under other expense categories, which could impact transparency.
Overall, the organization's financial health shows a recent trend of balancing the books annually, but the lack of reported assets and the historical high liabilities raise questions about long-term financial stability and asset ownership. The consistent 0% officer compensation is a notable point for transparency, but the absence of detailed expense breakdowns limits a comprehensive assessment of spending efficiency.