Summit Childrens Program

IRS exemption revoked

Philadelphia, PAUnknown exempt organizationEIN 23-2330444Revenue $675K in FY2022

On file with the IRSsummitchildrensprogram.org6757 Greene Street · Philadelphia, PA

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The organization's mission is to provide a nurturing, structured preschool experience that builds a foundation for each child's academic, social and physical development.

60¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $59K a year · 10% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
60%
of spending
Worth a look: 60% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
3 mo
of spending, in cash
Looks good: 3.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $19
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$29K
18% of total assets
Looks good: liabilities are 18% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$675K
+12% vs prior year
Spent
$608K
To programs
60%
Net assets
$129K
By yearFY2020–FY2022
Revenue
$675K
FY2022▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2020$423K
FY2021$604K
FY2022$675K
Expenses
$608K
FY2022▲ +26%
Tap a bar for its year
Expenses by fiscal year
FY2020$436K
FY2021$482K
FY2022$608K
Net assets
$129K
FY2022▲ +109%
Tap a bar for its year
Net assets by fiscal year
FY2020−$60K
FY2021$62K
FY2022$129K

From the FY2022 Form 990 (year ending August 2022) · see the original

990 PDF Claim
IRS revoked this organization's tax-exempt status on January 15, 2026

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

60 cents of each dollar spent went to programs.

Program services 60% · $363K Management & general 40% · $245K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Key Employee
$0Pt VII · Sec A
See Summit Childrens Program executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers nurturing preschool programs building children's academic, social, and physical skills.

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Provided by the organization

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1 program · $363K · in their own filed words · FY2021
01

Toddler, preschool, and school age programs. The toddler and preschool program provides a supportive, enriching, caring environment that allows children to play and learn at their own developmental pace.

$363Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$19

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$675K
Ln 12
Fees for servicesLn 2g$558K
Gifts and grantsLn 1h$117K
Investment incomeLn 3$37
Money outPt IX
$608K
Ln 25
Programscol B$363K
Managementcol C$245K
Owns and owesPt X
$129K
net assets · Ln 32
Cash and savingsLn 1–2$158K
Total assetsLn 16$158K
LiabilitiesLn 26$29K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$117K
Fees for servicesLn 2g$558K
Investment incomeLn 3$37
Gains on assetsLn 7$0
Total revenueLn 12$675K
Assets in detailPt X, end of year
CashLn 1$158K
SavingsLn 2$0
Cash and savings togetherLn 1–2$158K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$158K
LiabilitiesLn 26$29K
Net assetsLn 32$129K
OperationsPt I, VI
EmployeesI 521
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$84K$158K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$84K$158K
LiabilitiesLn 26$22K$29K
Net assetsLn 32$62K$129K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$322K$264K$59K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$18K$18K
Payroll taxesLn 10$26K$21K$5K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$15K$15K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$37K$37K
TravelLn 17$357$357
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$20K$20K
Other expenses (24a–d)Ln 24$143K$78K$65K
All other expensesLn 24e$27K$27K
Total functional expensesLn 25$608K$363K$245K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $675K$608K$67K$129K 990 PDF
FY2021 $604K$482K$122K$62K 990 PDF
FY2020 $423K$436K−$13K−$60K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $675,410 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $234,997$116,928
I-9 Program service revenuePrior year $369,196$558,445
I-10 Investment income$37
I-11 Other revenue$0
I-12 Total revenuePrior year $604,193$675,410
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $287,684$366,216
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $194,602$242,117
I-18 Total expensesPrior year $482,286$608,333
I-19 Revenue less expensesPrior year $121,907$67,077
Part VI · Governance 4 of 4 board members independent, no flags
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $675,410 across 9 lines filed
VIII-1f All other contributions, gifts and grants$116,928
VIII-1h Total contributions, gifts and grants$116,928
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $558,445$558,445
VIII-3 Investment incomeRelated to mission $37$37
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $558,482$675,410
Part IX · Statement of functional expenses $608,333 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $263,833 · Management $58,529$322,362
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsManagement $18,145$18,145
IX-10 Payroll taxesPrograms $21,148 · Management $4,561$25,709
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $15,077$15,077
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyManagement $37,202$37,202
IX-17 TravelManagement $357$357
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $20,150$20,150
IX-24 Other expenses (24a–d)Programs $77,891 · Management $64,631$142,522
IX-24e All other expensesManagement $26,809$26,809
IX-25 Total functional expensesPrograms $362,872 · Management $245,461 · Fundraising $0$608,333
Part X · Balance sheet $157,967 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $83,767$157,967
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $83,767$157,967
X-17 Accounts payable and accrued expensesStart of year $3,016$29,103
X-26 Total liabilitiesStart of year $21,980$29,103
X-27 Net assets without donor restrictionsStart of year $61,787$128,864
X-32 Total net assets or fund balancesStart of year $61,787$128,864
X-33 Total liabilities and net assetsStart of year $83,767$157,967
Part XI · Reconciliation of net assets $128,864 net assets at year end
XI-1 Total revenue$675,410
XI-2 Total expenses$608,333
XI-3 Revenue less expenses$67,077
XI-4 Net assets at start of year$61,787
XI-10 Net assets at end of year$128,864

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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