Summit At First Hill
EIN: 911973348 · Seattle, WA · NTEE: P750
| Metric | Value |
|---|---|
| Total Revenue | $13.3M |
| Total Expenses | $12.5M |
| Net Assets | $15.3M |
Is Summit At First Hill Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Summit At First Hill
Summit At First Hill (EIN: 911973348) is a nonprofit organization based in Seattle, WA, classified under NTEE code P750. The organization reported total revenue of $13.3M and total assets of $24.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Summit At First Hill's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Summit At First Hill is a large nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.9M |
| Total Expenses | $12.5M |
| Surplus / Deficit | $-623,747 |
| Total Assets | $25.0M |
| Total Liabilities | $9.7M |
| Net Assets | $15.3M |
| Operating Margin | -5.2% |
| Debt-to-Asset Ratio | 38.7% |
| Months of Reserves | 23.9 months |
Financial Health Grade: B
In 2023, Summit At First Hill reported a deficit of $624K with expenses exceeding revenue, holds 23.9 months of operating reserves (strong position), has a debt-to-asset ratio of 38.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Summit At First Hill's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.6% | +7.2% | +0.3% |
| 2022 | +1.9% | +6.4% | -3.5% |
| 2021 | -8.7% | -1.6% | -2.6% |
| 2020 | +9.3% | +7.9% | -0.5% |
| 2019 | +8.8% | +7.1% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Summit At First Hill 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 At First Hill 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 deficit of $624K, with expenses exceeding revenue.
- Debt-to-asset ratio: 38.7%.
Frequently Asked Questions about Summit At First Hill
Is Summit At First Hill a legitimate charity?
Based on AI analysis of IRS 990 filings, Summit At First Hill (EIN: 911973348) insufficient data. 0 red flags identified, 0 strengths noted.
How does Summit At First Hill spend its money?
Detailed spending breakdown data is not yet available for Summit At First Hill. Check back for updated IRS 990 analysis.
Are donations to Summit At First Hill tax-deductible?
Summit At First Hill is registered as a tax-exempt nonprofit (EIN: 911973348). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Summit At First Hill located?
Summit At First Hill is headquartered in Seattle, Washington and files with the IRS under EIN 911973348. It is classified under NTEE code P750.
How many years of IRS 990 filings does Summit At First Hill have?
Summit At First Hill 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 $13.3M in total revenue.
Filing History
IRS 990 filing history for Summit At First Hill showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Summit At First Hill's revenue has grown by 37.8%, moving from $8.6M to $11.9M. Total assets decreased by 24.8% over the same period, from $33.2M to $25.0M. Total functional expenses rose by 35.5%, from $9.2M to $12.5M. In its most recent filing year (2023), Summit At First Hill reported a deficit of $624K, with expenses exceeding revenue. The organization holds $9.7M in liabilities against $25.0M in assets (debt-to-asset ratio: 38.7%), resulting in net assets of $15.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.9M | $12.5M | $25.0M | $9.7M | — | — |
| 2022 | $11.5M | $11.7M | $24.9M | $9.2M | — | View 990 |
| 2021 | $11.3M | $11.0M | $25.8M | $9.5M | — | View 990 |
| 2020 | $12.3M | $11.1M | $26.5M | $10.5M | — | View 990 |
| 2019 | $11.3M | $10.3M | $26.6M | $11.9M | — | View 990 |
| 2018 | $10.4M | $9.6M | $26.9M | $13.3M | — | View 990 |
| 2017 | $9.6M | $9.3M | $27.6M | $14.7M | — | View 990 |
| 2016 | $9.0M | $8.9M | $28.4M | $15.9M | — | View 990 |
| 2015 | $9.0M | $8.3M | $29.8M | $17.3M | — | View 990 |
| 2014 | $8.0M | $8.4M | $30.3M | $18.5M | — | View 990 |
| 2013 | $9.4M | $8.5M | $31.7M | $19.5M | — | View 990 |
| 2012 | $9.0M | $7.9M | $31.9M | $20.7M | — | View 990 |
| 2011 | $8.6M | $9.2M | $33.2M | $23.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.9M, expenses of $12.5M, and assets of $25.0M (revenue +3.6% year-over-year).
- 2022: Revenue of $11.5M, expenses of $11.7M, and assets of $24.9M (revenue +1.9% year-over-year).
- 2021: Revenue of $11.3M, expenses of $11.0M, and assets of $25.8M (revenue -8.7% year-over-year).
- 2020: Revenue of $12.3M, expenses of $11.1M, and assets of $26.5M (revenue +9.3% year-over-year).
- 2019: Revenue of $11.3M, expenses of $10.3M, and assets of $26.6M (revenue +8.8% year-over-year).
- 2018: Revenue of $10.4M, expenses of $9.6M, and assets of $26.9M (revenue +7.7% year-over-year).
- 2017: Revenue of $9.6M, expenses of $9.3M, and assets of $27.6M (revenue +7.6% year-over-year).
- 2016: Revenue of $9.0M, expenses of $8.9M, and assets of $28.4M (revenue +0.0% year-over-year).
- 2015: Revenue of $9.0M, expenses of $8.3M, and assets of $29.8M (revenue +11.3% year-over-year).
- 2014: Revenue of $8.0M, expenses of $8.4M, and assets of $30.3M (revenue -14.4% year-over-year).
- 2013: Revenue of $9.4M, expenses of $8.5M, and assets of $31.7M (revenue +5.0% year-over-year).
- 2012: Revenue of $9.0M, expenses of $7.9M, and assets of $31.9M (revenue +3.9% year-over-year).
- 2011: Revenue of $8.6M, expenses of $9.2M, and assets of $33.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Summit At First Hill:
Data Sources and Methodology
This transparency report for Summit At First Hill 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.