Summit54 FY2021 filing
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Invests in education to improve Colorado's economy and society. For fiscal year 2021 it reported $978K in revenue, $882K in expenses, and $1.7M in net assets.Pt I
Summary of the Filing
Where the work happens
Summer Advantage USA
SUMMIT54 continued its partnership with summer advantage usa to combat summer learning loss. Through a 5-WEEK summer program including rigorous academic instruction, physical fitness, and enrichment programs, students gained an average of 2.5 months in math and reading skills.
In 2020, the organization created a new outdoor tutoring model enabling small groups of elementary students to enhance their academic learning. The summer and fall tutoring programs collectively enrolled nearly 500 students.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 95% | — | — |
| Overhead ratio | 5% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 7% | — | — |
| Accounting fee ratio | 4% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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