Summit Academy Community School- Painesville is a 501(c)(3) organization based in Akron, Ohio, registered in 2006, with $117,124 in FY2023 revenue. CharityIndex grades it C.
Revenue (FY2023)
$117K
▼ 84.7% vs prior year
Education median: $200K
Expenses (FY2023)
$117K
Net assets
$0
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Summit Academy Community School- Painesville— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Summit Academy Community School- Painesville: 0 mo reserves · +0% margin earns a C on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Summit Academy Community School- Painesville— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Summit Academy Community School- Painesville: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $1.8M (FY2013) to $117K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$0
Total liabilities
$0
Net assets
$0
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $117,124▼84.7% | $117,124▼84.7% | $0 | $0 | 990 |
| 2022 | $763,456▼16.4% | $763,456▼16.4% | $0 | $0 | 990 |
| 2021 | $913,621▲17.9% | $913,621▲17.9% | $0 | $0 | 990 |
| 2020 | $774,611▼30.8% | $774,611▼26.2% | $0▲100% | $0▼100% | 990 |
| 2019 | $1,118,675▼11.8% | $1,049,009▼0.7% | -$1,660,294▲4.0% | $512,416▼17.7% | 990 |
| 2018 | $1,268,266▲2.0% | $1,056,283▲145% | -$1,729,960▲10.9% | $622,840▼20.4% | 990 |
| 2017 | $1,243,269▼4.3% | $430,791▼69.0% | -$1,941,943▲12.7% | $782,248▲5.7% | 990 |
| 2016 | $1,298,823▲2.9% | $1,391,080▲11.6% | -$2,223,552▼18.1% | $740,035▲134% | 990 |
| 2015 | $1,261,671▼27.4% | $1,246,082▼27.8% | -$1,882,785▲0.8% | $316,719▲14.5% | 990 |
| 2014 | $1,737,407▼4.7% | $1,726,311▼5.3% | -$1,898,374 | $276,562▲168% | 990 |
| 2013 | $1,822,413 | $1,822,413▲18.1% | $0 | $103,324▲114% | 990 |
| 2012 | — | $1,542,662▼5.8% | $0 | $48,253▼6.6% | 990 |
| 2011 | — | $1,637,729▲27.3% | $0 | $51,690▲10.8% | 990 |
| 2010 | — | $1,286,459▲3.5% | $0 | $46,666▼49.5% | 990 |
| 2009 | — | $1,243,373 | $0 | $92,399 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Summit Academy Community School- Painesville (EIN 20-1438174) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.