Summit School

Summit School shows consistent revenue growth and strong asset accumulation with no reported officer compensation.

EIN: 112167091 · Nyack, NY · Updated: 2026-03-28

$25.4MRevenue

$23.1MAssets

88/100Mission Score (Excellent)

About Summit School

Summit School (EIN: 112167091) is a nonprofit organization based in Nyack, NY. The organization reported total revenue of $25.4M and total assets of $23.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Summit School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Summit School demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past decade, revenue has steadily increased from $16.6 million in 2014 to $23.2 million in 2023, with the latest reported revenue at $25.4 million. The organization has consistently maintained positive net assets, growing from $4.08 million in 2014 to $13.04 million in 2023, indicating sound financial management and an ability to build reserves. 

Spending efficiency appears strong, as expenses have generally remained below revenue, allowing for asset growth. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards the organization's mission rather than high executive salaries, which is a positive indicator of financial stewardship. The organization's assets have also shown a healthy upward trend, providing a solid financial foundation. 

While specific program spending ratios are not detailed in the provided summary, the overall financial health and the absence of officer compensation suggest a focus on mission. The consistent filing of IRS Form 990s over 13 periods indicates good transparency practices, allowing for public scrutiny of their financial operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Summit School with a Mission Score of 88 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

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Summit School 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size (latest revenue $25.4 million) and suggests either a volunteer leadership structure or that compensation is reported under other expense categories, warranting further investigation for full transparency.

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 School's IRS 990 filings:

Consistent 0% officer compensation for an organization of this size may indicate compensation is reported elsewhere or a unique leadership structure, requiring deeper investigation into the full 990 forms for clarity.

Strengths

The following positive indicators were identified for Summit School:

Consistent revenue growth from $16.6M in 2014 to $25.4M currently.
Strong asset growth, increasing from $18.3M in 2014 to $23.1M currently, indicating financial stability.
Expenses consistently below revenue, allowing for healthy net asset accumulation.
No reported officer compensation across all filings, suggesting a high dedication of funds to the mission.
Consistent filing of IRS Form 990s over 13 periods, demonstrating good transparency.

Frequently Asked Questions about Summit School

Is Summit School a good charity?

Based on the provided financial data, Summit School appears to be a financially healthy organization with consistent revenue growth, increasing assets, and no reported officer compensation, which are positive indicators of a well-managed charity.

How has Summit School's revenue changed over time?

Summit School has experienced consistent revenue growth, increasing from $16,648,277 in 2014 to $23,206,815 in 2023, with the latest reported revenue at $25,401,384.

What is the trend in Summit School's assets?

The organization's assets have shown a strong upward trend, growing from $18,300,218 in 2014 to $23,106,719 currently, indicating a healthy accumulation of resources.

Why is officer compensation reported as 0%?

The consistent reporting of 0% officer compensation across all filings is notable for an organization of this scale. This could mean that executive roles are filled by volunteers, or compensation is categorized differently, which would require reviewing the full 990 forms for clarification.

Filing History

IRS 990 filing history for Summit School showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Summit School's revenue has grown by 46.3%, moving from $15.9M to $23.2M. Total assets increased by 12.8% over the same period, from $17.5M to $19.7M. Total functional expenses rose by 19.4%, from $17.1M to $20.4M. In its most recent filing year (2023), Summit School reported a surplus of $2.8M, with revenue exceeding expenses. The organization holds $6.7M in liabilities against $19.7M in assets (debt-to-asset ratio: 33.8%), resulting in net assets of $13.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$23.2M	$20.4M	$19.7M	$6.7M	—	—
2022	$21.8M	$18.9M	$17.3M	$7.1M	—	View 990
2021	$18.6M	$19.0M	$18.0M	$10.6M	—	View 990
2020	$20.7M	$20.0M	$19.8M	$12.1M	—	View 990
2019	$19.9M	$20.0M	$17.1M	$10.0M	—	View 990
2018	$18.8M	$18.5M	$17.1M	$10.0M	—	View 990
2017	$19.1M	$18.4M	$17.2M	$10.4M	—	View 990
2016	$17.7M	$16.8M	$17.3M	$11.2M	—	View 990
2015	$17.3M	$16.1M	$18.2M	$13.0M	—	View 990
2014	$16.6M	$16.0M	$18.3M	$14.2M	—	View 990
2013	$16.5M	$15.5M	$18.0M	$14.6M	—	View 990
2012	$15.4M	$15.6M	$17.3M	$14.9M	—	View 990
2011	$15.9M	$17.1M	$17.5M	$14.9M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $23.2M, expenses of $20.4M, and assets of $19.7M (revenue +6.7% year-over-year).
2022: Revenue of $21.8M, expenses of $18.9M, and assets of $17.3M (revenue +16.8% year-over-year).
2021: Revenue of $18.6M, expenses of $19.0M, and assets of $18.0M (revenue -10.0% year-over-year).
2020: Revenue of $20.7M, expenses of $20.0M, and assets of $19.8M (revenue +3.7% year-over-year).
2019: Revenue of $19.9M, expenses of $20.0M, and assets of $17.1M (revenue +6.0% year-over-year).
2018: Revenue of $18.8M, expenses of $18.5M, and assets of $17.1M (revenue -1.5% year-over-year).
2017: Revenue of $19.1M, expenses of $18.4M, and assets of $17.2M (revenue +8.0% year-over-year).
2016: Revenue of $17.7M, expenses of $16.8M, and assets of $17.3M (revenue +2.3% year-over-year).
2015: Revenue of $17.3M, expenses of $16.1M, and assets of $18.2M (revenue +3.7% year-over-year).
2014: Revenue of $16.6M, expenses of $16.0M, and assets of $18.3M (revenue +1.2% year-over-year).
2013: Revenue of $16.5M, expenses of $15.5M, and assets of $18.0M (revenue +6.9% year-over-year).
2012: Revenue of $15.4M, expenses of $15.6M, and assets of $17.3M (revenue -3.0% year-over-year).
2011: Revenue of $15.9M, expenses of $17.1M, and assets of $17.5M.

Data Sources and Methodology

This transparency report for Summit 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.