Summit Academy Transition High School Cincinnati
Summit Academy Transition High School Cincinnati consistently balances annual revenue and expenses but reports zero assets in recent filings.
EIN: 201437962 · Akron, OH · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Transparency Score | 70/100 |
Is Summit Academy Transition High School Cincinnati Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Summit Academy Transition High School Cincinnati directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Summit Academy Transition High School Cincinnati
Summit Academy Transition High School Cincinnati (EIN: 201437962) is a nonprofit organization based in Akron, OH, classified under NTEE code B29. The organization reported total revenue of $1.4M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Summit Academy Transition High School Cincinnati's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Summit Academy Transition High School Cincinnati is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| 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 Transition High School Cincinnati 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 Transition High School Cincinnati's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.1% | -5.1% | — |
| 2022 | +20.3% | +20.3% | — |
| 2021 | -7.3% | -3.6% | -100.0% |
| 2020 | -7.6% | +9.5% | -16.9% |
| 2019 | +2.0% | +149.1% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Summit Academy Transition High School Cincinnati with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Summit Academy Transition High School Cincinnati allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization of this size with annual revenues exceeding $1 million. This suggests either a fully volunteer leadership or that compensation is categorized under other operational expenses, which could obscure true administrative costs.
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 Summit Academy Transition High School Cincinnati's IRS 990 filings:
- 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
The following positive indicators were identified for Summit Academy Transition High School Cincinnati:
- 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.
Frequently Asked Questions about Summit Academy Transition High School Cincinnati
Is Summit Academy Transition High School Cincinnati a legitimate charity?
Summit Academy Transition High School Cincinnati (EIN: 201437962) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.4M. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Summit Academy Transition High School Cincinnati spend its money?
Summit Academy Transition High School Cincinnati directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Summit Academy Transition High School Cincinnati tax-deductible?
Summit Academy Transition High School Cincinnati is registered as a tax-exempt nonprofit (EIN: 201437962). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Summit Academy Transition High School Cincinnati CEO make?
Summit Academy Transition High School Cincinnati's highest-compensated officer earns $1 annually. The organization reported $1.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Summit Academy Transition High School Cincinnati's spending goes to programs?
Summit Academy Transition High School Cincinnati directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Summit Academy Transition High School Cincinnati compare to similar nonprofits?
With a transparency score of 70/100 (Good), Summit Academy Transition High School Cincinnati is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Summit Academy Transition High School Cincinnati located?
Summit Academy Transition High School Cincinnati is headquartered in Akron, Ohio and files with the IRS under EIN 201437962. It is classified under NTEE code B29.
How many years of IRS 990 filings does Summit Academy Transition High School Cincinnati have?
Summit Academy Transition High School Cincinnati 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 $1.4M in total revenue.
Why does Summit Academy Transition High School Cincinnati report $0 in assets in recent filings (2023, 2022, 2021)?
The consistent reporting of $0 in assets is highly unusual for an operating school and could indicate that facilities and other operational assets are owned by a related entity, leased, or that the reporting method needs clarification. This warrants further investigation to understand the organization's true financial structure and stability.
How does the organization manage to operate with 0% officer compensation reported?
The consistent reporting of 0% officer compensation suggests either a fully volunteer leadership model or that executive salaries are reported under other expense categories, such as 'salaries and wages' for program or administrative staff. This makes it difficult to assess the true cost of leadership and governance.
What caused the significant reduction in liabilities from nearly $3 million in 2017 to $0 in recent years?
The dramatic decrease in liabilities from a peak of $2,994,473 in 2017 to $0 in recent filings indicates a significant financial event, such as debt repayment, restructuring, or transfer of liabilities. Understanding this event is crucial for assessing the organization's long-term financial health and stability.
Filing History
IRS 990 filing history for Summit Academy Transition High School Cincinnati showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Summit Academy Transition High School Cincinnati's revenue has grown by 7.9%, moving from $1.1M to $1.2M. Total assets decreased by 100% over the same period, from $20K to $0. Total functional expenses rose by 7.9%, from $1.1M to $1.2M. In its most recent filing year (2023), Summit Academy Transition High School Cincinnati reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.2M | $0 | $0 | — | View 990 |
| 2022 | $1.3M | $1.3M | $0 | $0 | — | View 990 |
| 2021 | $1.1M | $1.1M | $0 | $0 | — | View 990 |
| 2020 | $1.2M | $1.1M | $544K | $2.3M | — | — |
| 2019 | $1.3M | $1.0M | $655K | $2.4M | — | View 990 |
| 2018 | $1.2M | $408K | $638K | $2.7M | — | View 990 |
| 2017 | $1.3M | $1.4M | $673K | $3.0M | — | View 990 |
| 2016 | $1.4M | $1.4M | $351K | $2.4M | — | View 990 |
| 2015 | $1.4M | $1.4M | $249K | $2.4M | — | View 990 |
| 2014 | $1.6M | $1.6M | $105K | $105K | — | View 990 |
| 2013 | $1.1M | $1.1M | $39K | $39K | — | View 990 |
| 2012 | $1.5M | $1.5M | $28K | $28K | — | View 990 |
| 2011 | $1.1M | $1.1M | $20K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.2M, and assets of $0 (revenue -5.1% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.3M, and assets of $0 (revenue +20.3% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.1M, and assets of $0 (revenue -7.3% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $544K (revenue -7.6% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.0M, and assets of $655K (revenue +2.0% year-over-year).
- 2018: Revenue of $1.2M, expenses of $408K, and assets of $638K (revenue -8.6% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.4M, and assets of $673K (revenue -5.2% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.4M, and assets of $351K (revenue +0.1% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.4M, and assets of $249K (revenue -8.8% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.6M, and assets of $105K (revenue +35.1% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $39K (revenue -22.9% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.5M, and assets of $28K (revenue +31.0% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Summit Academy Transition High School Cincinnati:
Data Sources and Methodology
This transparency report for Summit Academy Transition High School Cincinnati 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.