Financial Information for Summit Education Initiative

Summit Education Initiative's annual revenue was $1.6M in tax year 2024, reported on their IRS Form 990. They spent $1.7M in total expenses. 74% went to programs and services.

Financial Breakdown

What is Summit Education Initiative's total annual expenses?

Summit Education Initiative spent $1.7M in tax year 2024, according to their IRS Form 990 filing.

How much of Summit Education Initiative's budget goes to programs?

Summit Education Initiative spent $1.3M (74% of expenses) on programs and services in tax year 2024.

How much does Summit Education Initiative spend on overhead?

Summit Education Initiative's overhead in tax year 2024 includes administrative (18%) and fundraising (9%) of their expenses.

What is Summit Education Initiative's net worth?

Summit Education Initiative had net assets of $1.8M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.