The Summer Foundation
EIN: 521476121 · Little Rock, AR
| Metric | Value |
|---|---|
| Total Revenue | $147K |
| Total Expenses | $26K |
| Net Assets | $1.3M |
Is The Summer Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Summer Foundation
The Summer Foundation (EIN: 521476121) is a nonprofit organization based in Little Rock, AR. The organization reported total revenue of $147K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Summer Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Summer Foundation is a small nonprofit that has been operating for 40 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $193K |
| Total Expenses | $26K |
| Surplus / Deficit | +$167K |
| Total Assets | $1.3M |
| Total Liabilities | $1 |
| Net Assets | $1.3M |
| Operating Margin | 86.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 591.9 months |
Financial Health Grade: A
In 2023, The Summer Foundation reported a surplus of $167K with revenue exceeding expenses, holds 591.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), The Summer Foundation's revenue has declined at a compound annual growth rate (CAGR) of -5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.0% | -90.8% | +15.2% |
| 2022 | +5.8% | +362.4% | -9.5% |
| 2021 | +40.4% | +19.8% | +8.4% |
| 2020 | -3.9% | +99.5% | +5.6% |
| 2019 | +1185.5% | -74.9% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Summer Foundation 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 The Summer Foundation 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 surplus of $167K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about The Summer Foundation
Is The Summer Foundation a legitimate charity?
The Summer Foundation (EIN: 521476121) is a registered tax-exempt nonprofit based in Arkansas. It has 9 years of IRS 990 filings on record. Total revenue: $147K. No red flags identified. Financial health grade: A.
How does The Summer Foundation spend its money?
The Summer Foundation reported $147K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Summer Foundation tax-deductible?
The Summer Foundation is registered as a tax-exempt nonprofit (EIN: 521476121). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Summer Foundation located?
The Summer Foundation is headquartered in Little Rock, Arkansas and files with the IRS under EIN 521476121.
How many years of IRS 990 filings does The Summer Foundation have?
The Summer Foundation has 9 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 $147K in total revenue.
Filing History
IRS 990 filing history for The Summer Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), The Summer Foundation's revenue has declined by 43.4%, moving from $341K to $193K. Total assets decreased by 1.1% over the same period, from $1.3M to $1.3M. Total functional expenses rose by 334%, from $6K to $26K. In its most recent filing year (2023), The Summer Foundation reported a surplus of $167K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $193K | $26K | $1.3M | $1 | — | View 990 |
| 2022 | $164K | $279K | $1.1M | $1 | — | View 990 |
| 2021 | $155K | $60K | $1.2M | $1 | — | View 990 |
| 2020 | $110K | $50K | $1.1M | $1 | — | — |
| 2019 | $115K | $25K | $1.1M | $0 | — | View 990 |
| 2015 | $9K | $100K | $1.0M | $0 | — | View 990 |
| 2014 | $13K | $54K | $1.1M | $0 | — | View 990 |
| 2013 | $18K | $160K | $1.1M | $0 | — | View 990 |
| 2012 | $341K | $6K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $193K, expenses of $26K, and assets of $1.3M (revenue +18.0% year-over-year).
- 2022: Revenue of $164K, expenses of $279K, and assets of $1.1M (revenue +5.8% year-over-year).
- 2021: Revenue of $155K, expenses of $60K, and assets of $1.2M (revenue +40.4% year-over-year).
- 2020: Revenue of $110K, expenses of $50K, and assets of $1.1M (revenue -3.9% year-over-year).
- 2019: Revenue of $115K, expenses of $25K, and assets of $1.1M (revenue +1185.5% year-over-year).
- 2015: Revenue of $9K, expenses of $100K, and assets of $1.0M (revenue -31.6% year-over-year).
- 2014: Revenue of $13K, expenses of $54K, and assets of $1.1M (revenue -27.3% year-over-year).
- 2013: Revenue of $18K, expenses of $160K, and assets of $1.1M (revenue -94.8% year-over-year).
- 2012: Revenue of $341K, expenses of $6K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Summer Foundation:
Data Sources and Methodology
This transparency report for The Summer Foundation 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.