Quick charity verification for Summit Academy Youngstown (EIN: 201438260)
Verdict: Summit Academy Youngstown shows mixed signals
40/100Mission Score
$3.4MRevenue
$0Assets
4Red Flags
2Strengths
Red Flags
Consistent reporting of $0 assets and $0 liabilities in recent filings (2021-2023) despite millions in revenue and expenses.
Significant fluctuations in reported assets and liabilities over time, with large liabilities disappearing in recent years.
Unusual 0% officer compensation for an organization with over $3 million in annual revenue, potentially masking executive costs.
Revenue consistently matching expenses in recent years, suggesting no accumulation of reserves or operating surplus.
Strengths
Consistent revenue generation over several years, indicating a stable funding stream.
No reported officer compensation, potentially maximizing funds for programmatic activities if executive functions are genuinely uncompensated.
Spending Breakdown
How Summit Academy Youngstown 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 Youngstown
Is Summit Academy Youngstown a legitimate charity?
Based on AI analysis of IRS 990 filings, Summit Academy Youngstown (EIN: 201438260) shows mixed signals. Mission Score: 40/100. 4 red flags identified, 2 strengths noted.
Is Summit Academy Youngstown a good charity to donate to?
Summit Academy Youngstown has a Mission Score of 40/100. Revenue: $3.4M. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Summit Academy Youngstown?
The Employer Identification Number (EIN) for Summit Academy Youngstown is 201438260. 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 Youngstown spend its money?
Summit Academy Youngstown allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Summit Academy Youngstown's tax-exempt status?
You can verify Summit Academy Youngstown's tax-exempt status using EIN 201438260 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 Youngstown exhibits a concerning financial pattern, particularly in its asset and liability reporting. For the periods 2021-2023, the organization reported zero assets and zero liabilities, which is highly unusual for an active entity with millions in revenue and expenses. This lack of detailed financial disclosure raises significant questions about the accuracy and completeness of its financial statements. While the organization consistently reports 0% officer compensation, which could be seen as a positive for resource allocation, the absence of assets and liabilities in recent filings severely hinders a comprehensive assessment of its financial health and long-term sustainability. The consistent matching of revenue and expenses in recent years (e.g., $3,565,147 revenue and expenses in 2023) also suggests a potential cash-basis accounting or a structure where funds are immediately expended, leaving no reserves or accumulated assets, which could be a risk.