Clark Summit University
Clark Summit University faces persistent operating deficits and declining assets over the past decade.
EIN: 150543962 · Clarks Summit, PA · NTEE: B500 · Updated: 2026-03-28
Is Clark Summit University Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Clark Summit University directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Clark Summit University
Clark Summit University (EIN: 150543962) is a nonprofit organization based in Clarks Summit, PA, classified under NTEE code B500. The organization reported total revenue of $8.5M and total assets of $8.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clark Summit University's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Clark Summit University with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Clark Summit University allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is unusual for an organization of this size and revenue, suggesting either that executive compensation is not paid or is reported under other expense categories, which could obscure the true administrative burden.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Clark Summit University's IRS 990 filings:
- Persistent operating deficits (7 out of 10 years, e.g., $1.87M deficit in 202305).
- Declining asset base over the last decade (from $14.3M in 2014 to $9.6M in 2023).
- Consistent reporting of 0% officer compensation, which may indicate a lack of transparency in executive pay reporting.
- Liabilities have remained substantial, ranging from $6.1M to $9.6M, while assets have declined.
Strengths
The following positive indicators were identified for Clark Summit University:
- Long history of IRS 990 filings (12 filings), indicating consistent compliance with reporting requirements.
Frequently Asked Questions about Clark Summit University
Is Clark Summit University a legitimate charity?
Based on AI analysis of IRS 990 filings, Clark Summit University (EIN: 150543962) significant concerns. Mission Score: 45/100. 4 red flags identified, 1 strength noted.
How does Clark Summit University spend its money?
Clark Summit University directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Clark Summit University tax-deductible?
Clark Summit University is registered as a tax-exempt nonprofit (EIN: 150543962). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why has Clark Summit University consistently operated at a deficit in recent years?
The filings show expenses exceeding revenue in 7 out of the last 10 periods, including a $1,871,307 deficit in 202305 ($10,843,396 expenses vs. $8,972,089 revenue).
What is the reason for the declining asset base from $14.3M in 2014 to $9.6M in 2023?
The organization's total assets have decreased from $14,342,885 in 201405 to $9,680,012 in 202305, a reduction of over $4.6 million, likely due to persistent operating deficits.
How is executive compensation handled if 0% is reported for officers?
All 12 filings report 0% officer compensation, which is highly unusual and suggests that executive salaries might be categorized differently or not reported in this section, impacting transparency.
What is the plan to address the recurring financial shortfalls?
With expenses consistently outpacing revenue, as seen in the 202305 period where expenses were $10,843,396 against revenues of $8,972,089, the organization needs a clear strategy to achieve financial stability.
Filing History
IRS 990 filing history for Clark Summit University showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Clark Summit University's revenue has declined by 32.7%, moving from $13.3M to $9.0M. Total assets decreased by 31.3% over the same period, from $14.1M to $9.7M. Total functional expenses fell by 23.2%, from $14.1M to $10.8M. In its most recent filing year (2023), Clark Summit University reported a deficit of $1.9M, with expenses exceeding revenue. The organization holds $6.4M in liabilities against $9.7M in assets (debt-to-asset ratio: 66.0%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $9.0M | $10.8M | $9.7M | $6.4M | — | View 990 |
| 2022 | $11.8M | $10.9M | $12.3M | $6.9M | — | View 990 |
| 2021 | $11.1M | $9.8M | $10.8M | $6.2M | — | View 990 |
| 2020 | $10.1M | $9.3M | $11.1M | $7.5M | — | View 990 |
| 2019 | $9.2M | $9.2M | $10.9M | $8.1M | — | View 990 |
| 2018 | $9.6M | $10.2M | $11.5M | $8.6M | — | View 990 |
| 2017 | $11.2M | $11.7M | $12.4M | $9.0M | — | View 990 |
| 2016 | $11.5M | $12.9M | $13.3M | $9.7M | — | View 990 |
| 2015 | $12.3M | $14.0M | $13.8M | $8.6M | — | View 990 |
| 2014 | $12.6M | $13.9M | $14.3M | $7.6M | — | View 990 |
| 2013 | $14.3M | $13.6M | $15.0M | $7.1M | — | View 990 |
| 2012 | $13.3M | $14.1M | $14.1M | $6.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.0M, expenses of $10.8M, and assets of $9.7M (revenue -24.3% year-over-year).
- 2022: Revenue of $11.8M, expenses of $10.9M, and assets of $12.3M (revenue +7.0% year-over-year).
- 2021: Revenue of $11.1M, expenses of $9.8M, and assets of $10.8M (revenue +9.4% year-over-year).
- 2020: Revenue of $10.1M, expenses of $9.3M, and assets of $11.1M (revenue +9.8% year-over-year).
- 2019: Revenue of $9.2M, expenses of $9.2M, and assets of $10.9M (revenue -4.4% year-over-year).
- 2018: Revenue of $9.6M, expenses of $10.2M, and assets of $11.5M (revenue -14.2% year-over-year).
- 2017: Revenue of $11.2M, expenses of $11.7M, and assets of $12.4M (revenue -2.5% year-over-year).
- 2016: Revenue of $11.5M, expenses of $12.9M, and assets of $13.3M (revenue -6.2% year-over-year).
- 2015: Revenue of $12.3M, expenses of $14.0M, and assets of $13.8M (revenue -2.6% year-over-year).
- 2014: Revenue of $12.6M, expenses of $13.9M, and assets of $14.3M (revenue -11.6% year-over-year).
- 2013: Revenue of $14.3M, expenses of $13.6M, and assets of $15.0M (revenue +7.2% year-over-year).
- 2012: Revenue of $13.3M, expenses of $14.1M, and assets of $14.1M.
Data Sources and Methodology
This transparency report for Clark Summit University is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.