Is Summit Medical Fitness Center Legit? —…

Quick charity verification for Summit Medical Fitness Center (EIN: 203752312)

Red Flags

Consistent operational deficits, with expenses frequently exceeding revenue (e.g., $6,997,384 expenses vs. $5,812,172 revenue in 202303).
Significant increase in liabilities in the latest period, reaching $2,942,039 in 202303, which is a substantial portion of assets.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.

Spending Breakdown

How Summit Medical Fitness Center allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Medical Fitness Center

Is Summit Medical Fitness Center a legitimate charity?

Based on AI analysis of IRS 990 filings, Summit Medical Fitness Center (EIN: 203752312) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Summit Medical Fitness Center a good charity to donate to?

Summit Medical Fitness Center has a Mission Score of 65/100. Revenue: $6.4M. Assets: $6.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Summit Medical Fitness Center?

The Employer Identification Number (EIN) for Summit Medical Fitness Center is 203752312. 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 Medical Fitness Center spend its money?

Summit Medical Fitness Center allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Summit Medical Fitness Center's tax-exempt status?

You can verify Summit Medical Fitness Center's tax-exempt status using EIN 203752312 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 Medical Fitness Center demonstrates consistent operational deficits over the past decade, with expenses frequently exceeding revenue. For instance, in the 202303 period, expenses were $6,997,384 against revenues of $5,812,172, resulting in a significant deficit. This trend suggests a reliance on existing assets or other funding sources to cover operational costs. The organization's assets have generally increased over time, reaching $6,192,059 in 202303, but liabilities have also shown volatility, peaking at $2,942,039 in the same period, which is a concern. The consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing administrative overhead in this specific area, contributing positively to transparency regarding executive pay.

While the financial health shows a pattern of spending more than it earns annually, the organization has managed to grow its asset base, indicating some financial stability despite the operational deficits. The NTEE code E70 (Recreational Facilities) suggests a program-focused mission, and without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency beyond the overall revenue-expense relationship. However, the lack of reported officer compensation is a strong positive indicator for transparency and potentially for directing more funds towards programs.

Overall, Summit Medical Fitness Center appears to be a transparent organization regarding executive compensation, but its financial sustainability is questionable given the persistent operational deficits. Further analysis of expense categories would be needed to fully understand its spending efficiency and program focus, but the current data points to a need for improved revenue generation or cost control to achieve long-term financial health.

Is Summit Medical Fitness Center Legit?

Verdict: Summit Medical Fitness Center shows mixed signals