Summit Academy Akron Middle School
EIN: 341948225 · Akron, OH · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.6M |
Is Summit Academy Akron Middle School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Summit Academy Akron Middle School
Summit Academy Akron Middle School (EIN: 341948225) is a nonprofit organization based in Akron, OH, classified under NTEE code B20. The organization reported total revenue of $1.7M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Summit Academy Akron Middle School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Summit Academy Akron Middle School is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$0 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 0.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: B
In 2023, Summit Academy Akron Middle School reported a surplus of $0 with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Summit Academy Akron Middle School's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.5% | -4.5% | — |
| 2022 | +17.2% | +17.2% | — |
| 2021 | -8.1% | -3.3% | -100.0% |
| 2020 | -8.2% | -1.6% | -9.3% |
| 2019 | +18.3% | +110.6% | -16.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Summit Academy Akron Middle School has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Summit Academy Akron Middle School with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
Frequently Asked Questions about Summit Academy Akron Middle School
Is Summit Academy Akron Middle School a legitimate charity?
Summit Academy Akron Middle School (EIN: 341948225) is a registered tax-exempt nonprofit based in Ohio. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. No red flags identified. Financial health grade: B.
How does Summit Academy Akron Middle School spend its money?
Summit Academy Akron Middle School reported $1.7M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Summit Academy Akron Middle School tax-deductible?
Summit Academy Akron Middle School is registered as a tax-exempt nonprofit (EIN: 341948225). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Summit Academy Akron Middle School located?
Summit Academy Akron Middle School is headquartered in Akron, Ohio and files with the IRS under EIN 341948225. It is classified under NTEE code B20.
How many years of IRS 990 filings does Summit Academy Akron Middle School have?
Summit Academy Akron Middle School has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.7M in total revenue.
Filing History
IRS 990 filing history for Summit Academy Akron Middle School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Summit Academy Akron Middle School's revenue has declined by 15.1%, moving from $1.9M to $1.6M. Total assets decreased by 100% over the same period, from $65K to $0. Total functional expenses fell by 15.1%, from $1.9M to $1.6M. In its most recent filing year (2023), Summit Academy Akron Middle School reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.6M | $0 | $0 | — | View 990 |
| 2022 | $1.7M | $1.7M | $0 | $0 | — | View 990 |
| 2021 | $1.4M | $1.4M | $0 | $0 | — | View 990 |
| 2020 | $1.6M | $1.5M | $610K | $2.4M | — | View 990 |
| 2019 | $1.7M | $1.5M | $672K | $2.5M | — | View 990 |
| 2018 | $1.4M | $720K | $807K | $2.9M | — | View 990 |
| 2017 | $1.5M | $1.6M | $936K | $3.1M | — | View 990 |
| 2016 | $1.4M | $1.3M | $512K | $2.2M | — | View 990 |
| 2015 | $1.5M | $1.5M | $300K | $2.0M | — | View 990 |
| 2014 | $1.3M | $1.3M | $107K | $107K | — | View 990 |
| 2013 | $1.2M | $1.2M | $149K | $149K | — | View 990 |
| 2012 | $1.7M | $1.7M | $36K | $36K | — | View 990 |
| 2011 | $1.9M | $1.9M | $65K | $65K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.6M, and assets of $0 (revenue -4.5% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.7M, and assets of $0 (revenue +17.2% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.4M, and assets of $0 (revenue -8.1% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.5M, and assets of $610K (revenue -8.2% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.5M, and assets of $672K (revenue +18.3% year-over-year).
- 2018: Revenue of $1.4M, expenses of $720K, and assets of $807K (revenue -0.9% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.6M, and assets of $936K (revenue +8.0% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.3M, and assets of $512K (revenue -12.6% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.5M, and assets of $300K (revenue +20.8% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $107K (revenue +4.0% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $149K (revenue -29.2% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.7M, and assets of $36K (revenue -8.6% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.9M, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Summit Academy Akron Middle School:
Data Sources and Methodology
This transparency report for Summit Academy Akron Middle School 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.