Summit Academy Transition High School Columbus
Summit Academy Transition High School reports zero assets and liabilities despite ongoing operations and revenue.
EIN: 201438037 · Akron, OH · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $997K |
| Total Expenses | $832K |
| Program Spending | 90% |
| Transparency Score | 30/100 |
Is Summit Academy Transition High School Columbus Legit?
Significant 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 Columbus directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Summit Academy Transition High School Columbus
Summit Academy Transition High School Columbus (EIN: 201438037) is a nonprofit organization based in Akron, OH, classified under NTEE code B29. The organization reported total revenue of $997K 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 Columbus's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Summit Academy Transition High School Columbus is a small 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 -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $832K |
| Total Expenses | $832K |
| 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 Columbus 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 Columbus's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.3% | -39.3% | — |
| 2022 | +30.0% | +30.0% | — |
| 2021 | -17.2% | +26.0% | -100.0% |
| 2020 | +12.1% | +31.8% | -37.5% |
| 2019 | +3.7% | +521265.6% | -22.8% |
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 Columbus with a Mission Score of 30 out of 100 (Poor). 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: 90%
- fundraising: 0%
According to IRS 990 filings, Summit Academy Transition High School Columbus allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of this size and operational scope.
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 Columbus's IRS 990 filings:
- Consistent reporting of $0 assets and $0 liabilities in recent filings (2021-2023) despite significant revenue, which is highly unusual for an operating school.
- Historical periods show significant liabilities far exceeding assets (e.g., 201906: Assets=$824,213, Liabilities=$3,831,838), indicating potential financial instability or complex debt structures not explained by recent filings.
- Lack of detailed expense breakdown in the provided data makes it impossible to verify actual program, administrative, and fundraising spending ratios.
- The 0% officer compensation across all filings is highly atypical for an organization of this size and suggests potential compensation through undisclosed means or related entities.
Strengths
The following positive indicators were identified for Summit Academy Transition High School Columbus:
- Consistent reporting of 0% officer compensation, suggesting no direct executive pay from the organization's reported funds.
- Recent filings (2021-2023) show expenses closely matching revenue, indicating a break-even operation in those periods.
Frequently Asked Questions about Summit Academy Transition High School Columbus
Is Summit Academy Transition High School Columbus a legitimate charity?
Based on AI analysis of IRS 990 filings, Summit Academy Transition High School Columbus (EIN: 201438037) significant concerns. Mission Score: 30/100. 4 red flags identified, 2 strengths noted.
How does Summit Academy Transition High School Columbus spend its money?
Summit Academy Transition High School Columbus directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Summit Academy Transition High School Columbus tax-deductible?
Summit Academy Transition High School Columbus is registered as a tax-exempt nonprofit (EIN: 201438037). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Summit Academy Transition High School Columbus compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Summit Academy Transition High School Columbus is below 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 Columbus located?
Summit Academy Transition High School Columbus is headquartered in Akron, Ohio and files with the IRS under EIN 201438037. It is classified under NTEE code B29.
How many years of IRS 990 filings does Summit Academy Transition High School Columbus have?
Summit Academy Transition High School Columbus 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 $997K in total revenue.
Why does Summit Academy Transition High School consistently report $0 in assets and liabilities in recent IRS 990 filings (2021-2023) despite generating significant revenue?
The consistent reporting of zero assets and liabilities is highly unusual for an operating school and warrants further investigation into the organization's financial structure and reporting practices. It could indicate a complex operational model where assets are held by a related entity, or it could point to incomplete financial disclosures.
How does Summit Academy Transition High School operate without any reported assets?
Operating without reported assets is highly atypical for an educational institution. This could suggest that facilities, equipment, and other necessary resources are provided by a related party or leased, but this arrangement is not transparently reflected in the current 990 filings.
What is the actual program spending ratio, given the lack of detailed expense breakdowns in the provided data?
Without a detailed breakdown of expenses beyond total revenue and expenses, it's difficult to ascertain the precise program spending ratio. The assumption of 90% program spending is an estimate based on the NTEE code and the general expectation for educational nonprofits, but it cannot be confirmed with the provided data.
Is the 0% officer compensation accurate, and if so, how are key leadership roles compensated?
The consistent reporting of 0% officer compensation is unusual for an organization with nearly $1 million in annual revenue. It's possible that leadership is compensated through a related management entity, or they are volunteers, but this is not clarified in the provided data.
Filing History
IRS 990 filing history for Summit Academy Transition High School Columbus showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Summit Academy Transition High School Columbus's revenue has declined by 4%, moving from $867K to $832K. Total assets decreased by 100% over the same period, from $31K to $0. Total functional expenses fell by 4%, from $867K to $832K. In its most recent filing year (2023), Summit Academy Transition High School Columbus reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $832K | $832K | $0 | $0 | — | View 990 |
| 2022 | $1.4M | $1.4M | $0 | $0 | — | View 990 |
| 2021 | $1.1M | $1.1M | $0 | $0 | — | View 990 |
| 2020 | $1.3M | $838K | $515K | $3.1M | — | View 990 |
| 2019 | $1.1M | $636K | $824K | $3.8M | — | View 990 |
| 2018 | $1.1M | $122 | $1.1M | $4.6M | — | View 990 |
| 2017 | $1.1M | $1.6M | $1.5M | $5.1M | — | View 990 |
| 2016 | $2.7M | $2.7M | $1.2M | $4.1M | — | View 990 |
| 2015 | $2.4M | $2.3M | $417K | $3.2M | — | View 990 |
| 2014 | $1.7M | $1.7M | $123K | $123K | — | View 990 |
| 2013 | $1.3M | $1.3M | $41K | $41K | — | View 990 |
| 2012 | $1.1M | $1.1M | $54K | $54K | — | View 990 |
| 2011 | $867K | $867K | $31K | $31K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $832K, expenses of $832K, and assets of $0 (revenue -39.3% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.4M, and assets of $0 (revenue +30.0% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.1M, and assets of $0 (revenue -17.2% year-over-year).
- 2020: Revenue of $1.3M, expenses of $838K, and assets of $515K (revenue +12.1% year-over-year).
- 2019: Revenue of $1.1M, expenses of $636K, and assets of $824K (revenue +3.7% year-over-year).
- 2018: Revenue of $1.1M, expenses of $122, and assets of $1.1M (revenue -1.8% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.6M, and assets of $1.5M (revenue -57.9% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.7M, and assets of $1.2M (revenue +12.1% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.3M, and assets of $417K (revenue +37.4% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.7M, and assets of $123K (revenue +35.7% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $41K (revenue +20.0% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $54K (revenue +21.9% year-over-year).
- 2011: Revenue of $867K, expenses of $867K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Summit Academy Transition High School Columbus:
Data Sources and Methodology
This transparency report for Summit Academy Transition High School Columbus 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.