Summit Classical Christian School

Summit Classical Christian School shows strong financial growth and zero officer compensation over the past decade.

EIN: 205735530 · Issaquah, WA · NTEE: B20 · Updated: 2026-03-28

$5.0MRevenue
$17.0MAssets
92/100Mission Score (Excellent)
B20

Is Summit Classical Christian School Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Summit Classical Christian School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Summit Classical Christian School

Summit Classical Christian School (EIN: 205735530) is a nonprofit organization based in Issaquah, WA, classified under NTEE code B20. The organization reported total revenue of $5.0M and total assets of $17.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Summit Classical Christian School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Summit Classical Christian School demonstrates strong financial growth and appears to be fiscally well-managed, particularly given its consistent revenue increases over the past several years. For instance, revenue grew from $549,000 in 2014 to $3,531,548 in 2023, and its latest reported revenue is $5,008,360. The organization consistently reports zero officer compensation, which is a significant indicator of efficient use of funds and a commitment to directing resources towards its mission rather than executive salaries. This practice also enhances transparency, as it removes a common area of scrutiny for nonprofits. The school has also shown a healthy trend in asset accumulation, with assets growing from $242,591 in 2014 to $1,483,667 in 2023, and currently standing at $16,981,957. This substantial increase in assets, especially the jump to nearly $17 million, suggests significant capital investment or successful fundraising beyond operational needs. The low liabilities reported in most years (e.g., $27,456 in 2023) further underscore a strong financial position. The consistent positive net income (revenue exceeding expenses) in most periods indicates sustainable operations and prudent financial planning. While specific program spending percentages are not provided in the raw data, the absence of officer compensation and the consistent growth in assets and revenue suggest a focus on mission delivery. The organization's financial health appears robust, with a clear trajectory of expansion and responsible management of its resources. The lack of reported officer compensation is a key strength in terms of both efficiency and transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Summit Classical Christian School with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Summit Classical Christian School allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Summit Classical Christian School consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is highly unusual for an organization of its size and revenue, suggesting a volunteer leadership structure or that compensation is categorized differently, which significantly boosts its spending efficiency.

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.

Strengths

The following positive indicators were identified for Summit Classical Christian School:

Frequently Asked Questions about Summit Classical Christian School

Is Summit Classical Christian School a legitimate charity?

Based on AI analysis of IRS 990 filings, Summit Classical Christian School (EIN: 205735530) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

How does Summit Classical Christian School spend its money?

Summit Classical Christian School directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Summit Classical Christian School tax-deductible?

Summit Classical Christian School is registered as a tax-exempt nonprofit (EIN: 205735530). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Summit Classical Christian School financially stable?

Yes, the school appears very financially stable. Its revenue has grown significantly from $549,000 in 2014 to $5,008,360 currently, and its assets have increased substantially to $16,981,957, while liabilities remain low in most periods.

How does Summit Classical Christian School manage executive compensation?

The organization consistently reports 0% officer compensation in all available IRS 990 filings, indicating that its officers are not compensated, which is a strong indicator of efficient resource allocation.

Has the organization experienced growth?

Yes, Summit Classical Christian School has experienced remarkable growth. Revenue increased from $549,000 in 2014 to $3,531,548 in 2023, and its assets have grown from $242,591 to $16,981,957 over the same period.

What is the trend in the organization's assets?

The organization's assets have shown a strong upward trend, growing from $242,591 in 2014 to $1,483,667 in 2023, with a significant jump to $16,981,957 in its latest report, indicating substantial capital accumulation.

Filing History

IRS 990 filing history for Summit Classical Christian School showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Summit Classical Christian School's revenue has grown by 1349%, moving from $244K to $3.5M. Total assets increased by 2184.4% over the same period, from $65K to $1.5M. Total functional expenses rose by 1213.8%, from $213K to $2.8M. In its most recent filing year (2023), Summit Classical Christian School reported a surplus of $734K, with revenue exceeding expenses. The organization holds $27K in liabilities against $1.5M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $1.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $3.5M $2.8M $1.5M $27K View 990
2022 $1.9M $1.7M $729K $7K View 990
2021 $1.3M $1.2M $590K $6K
2020 $837K $807K $422K $5K View 990
2019 $834K $655K $391K $4K View 990
2018 $558K $633K $210K $2K View 990
2017 $531K $590K $285K $2K View 990
2016 $590K $486K $343K $1K View 990
2015 $542K $487K $303K $65K View 990
2014 $549K $441K $243K $60K View 990
2013 $385K $348K $132K $57K View 990
2012 $244K $213K $65K $28K View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Summit Classical Christian 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.

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