Summit Medical Fitness Center
Summit Medical Fitness Center consistently operates at a deficit, spending more than it earns annually.
EIN: 203752312 · Kalispell, MT · NTEE: E70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.4M |
| Total Expenses | $7.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $3.3M |
| Transparency Score | 65/100 |
Is Summit Medical Fitness Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Summit Medical Fitness Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Summit Medical Fitness Center
Summit Medical Fitness Center (EIN: 203752312) is a nonprofit organization based in Kalispell, MT, classified under NTEE code E70. The organization reported total revenue of $6.4M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Summit Medical Fitness Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Summit Medical Fitness Center is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.8M |
| Total Expenses | $7.0M |
| Surplus / Deficit | $-1,185,212 |
| Total Assets | $6.2M |
| Total Liabilities | $2.9M |
| Net Assets | $3.3M |
| Operating Margin | -20.4% |
| Debt-to-Asset Ratio | 47.5% |
| Months of Reserves | 10.6 months |
Financial Health Grade: B
In 2023, Summit Medical Fitness Center reported a deficit of $1.2M with expenses exceeding revenue, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 47.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Summit Medical Fitness Center's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.9% | +23.2% | +17.6% |
| 2022 | +59.4% | +28.7% | +2.9% |
| 2021 | -44.1% | -23.0% | +8.3% |
| 2020 | -3.3% | -3.1% | -7.1% |
| 2019 | -3.9% | -6.6% | -4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Medical Fitness Center with a Mission Score of 65 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 Medical Fitness Center 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 deficit of $1.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 47.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation directly from the organization, which is highly unusual for an organization of its size with annual revenues exceeding $5 million.
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 Medical Fitness Center's IRS 990 filings:
- Consistent operational deficits, with expenses frequently exceeding revenue (e.g., $6,997,384 expenses vs. $5,812,172 revenue in 202303).
- Significant increase in liabilities in the latest period, reaching $2,942,039 in 202303, which is a substantial portion of assets.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Summit Medical Fitness Center:
- Consistent reporting of 0% officer compensation, indicating a potential commitment to minimizing executive overhead.
- Overall asset growth over the past decade, from $5,440,002 in 201403 to $6,192,059 in 202303, despite operational deficits.
- Long history of IRS 990 filings (13 filings), indicating consistent compliance and transparency in reporting.
Frequently Asked Questions about Summit Medical Fitness Center
Is Summit Medical Fitness Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Summit Medical Fitness Center (EIN: 203752312) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Summit Medical Fitness Center spend its money?
Summit Medical Fitness Center directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Summit Medical Fitness Center tax-deductible?
Summit Medical Fitness Center is registered as a tax-exempt nonprofit (EIN: 203752312). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Summit Medical Fitness Center CEO make?
Summit Medical Fitness Center's highest-compensated officer earns $5 annually. The organization reported $6.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Summit Medical Fitness Center's spending goes to programs?
Summit Medical Fitness Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Summit Medical Fitness Center compare to similar nonprofits?
With a transparency score of 65/100 (Good), Summit Medical Fitness Center is above average for NTEE category E70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Summit Medical Fitness Center located?
Summit Medical Fitness Center is headquartered in Kalispell, Montana and files with the IRS under EIN 203752312. It is classified under NTEE code E70.
How many years of IRS 990 filings does Summit Medical Fitness Center have?
Summit Medical Fitness Center 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 $6.4M in total revenue.
How does Summit Medical Fitness Center cover its consistent operational deficits?
The organization consistently reports expenses exceeding revenue, such as in 202303 where expenses were $6,997,384 and revenue was $5,812,172. This suggests they may be drawing from reserves, receiving other non-operating income, or incurring debt to cover the difference.
What is the breakdown of the organization's expenses beyond the overall total?
The provided data only gives total revenue and expenses. A detailed breakdown of program, administrative, and fundraising expenses is not available in the summary, making it difficult to fully assess spending efficiency.
Why is officer compensation consistently reported as 0%?
The filings consistently show 0% officer compensation. This could mean that officers are volunteers, compensated by a related entity, or that the compensation is reported under other expense categories, though the latter would be less transparent.
What is the long-term plan for financial sustainability given the recurring deficits?
With expenses frequently exceeding revenue (e.g., $6,997,384 expenses vs. $5,812,172 revenue in 202303), the organization needs a clear strategy to either increase revenue or reduce expenses to ensure long-term financial viability.
Filing History
IRS 990 filing history for Summit Medical Fitness Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Summit Medical Fitness Center's revenue has grown by 48.2%, moving from $3.9M to $5.8M. Total assets increased by 7.9% over the same period, from $5.7M to $6.2M. Total functional expenses rose by 66.4%, from $4.2M to $7.0M. In its most recent filing year (2023), Summit Medical Fitness Center reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $2.9M in liabilities against $6.2M in assets (debt-to-asset ratio: 47.5%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.8M | $7.0M | $6.2M | $2.9M | — | View 990 |
| 2022 | $5.0M | $5.7M | $5.3M | $828K | — | View 990 |
| 2021 | $3.1M | $4.4M | $5.1M | $894K | — | View 990 |
| 2020 | $5.6M | $5.7M | $4.7M | $826K | — | View 990 |
| 2019 | $5.8M | $5.9M | $5.1M | $522K | — | View 990 |
| 2018 | $6.0M | $6.3M | $5.3M | $1.6M | — | View 990 |
| 2017 | $5.7M | $6.0M | $5.6M | $1.6M | — | View 990 |
| 2016 | $5.5M | $5.6M | $5.5M | $1.1M | — | View 990 |
| 2015 | $5.0M | $5.3M | $5.4M | $828K | — | View 990 |
| 2014 | $4.7M | $4.6M | $5.4M | $1.5M | — | View 990 |
| 2013 | $4.3M | $4.3M | $5.4M | $1.5M | — | View 990 |
| 2012 | $4.0M | $4.2M | $5.4M | $1.5M | — | View 990 |
| 2011 | $3.9M | $4.2M | $5.7M | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.8M, expenses of $7.0M, and assets of $6.2M (revenue +16.9% year-over-year).
- 2022: Revenue of $5.0M, expenses of $5.7M, and assets of $5.3M (revenue +59.4% year-over-year).
- 2021: Revenue of $3.1M, expenses of $4.4M, and assets of $5.1M (revenue -44.1% year-over-year).
- 2020: Revenue of $5.6M, expenses of $5.7M, and assets of $4.7M (revenue -3.3% year-over-year).
- 2019: Revenue of $5.8M, expenses of $5.9M, and assets of $5.1M (revenue -3.9% year-over-year).
- 2018: Revenue of $6.0M, expenses of $6.3M, and assets of $5.3M (revenue +6.0% year-over-year).
- 2017: Revenue of $5.7M, expenses of $6.0M, and assets of $5.6M (revenue +3.4% year-over-year).
- 2016: Revenue of $5.5M, expenses of $5.6M, and assets of $5.5M (revenue +9.9% year-over-year).
- 2015: Revenue of $5.0M, expenses of $5.3M, and assets of $5.4M (revenue +7.1% year-over-year).
- 2014: Revenue of $4.7M, expenses of $4.6M, and assets of $5.4M (revenue +8.4% year-over-year).
- 2013: Revenue of $4.3M, expenses of $4.3M, and assets of $5.4M (revenue +6.3% year-over-year).
- 2012: Revenue of $4.0M, expenses of $4.2M, and assets of $5.4M (revenue +2.9% year-over-year).
- 2011: Revenue of $3.9M, expenses of $4.2M, and assets of $5.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Summit Medical Fitness Center:
Data Sources and Methodology
This transparency report for Summit Medical Fitness Center 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.