Summit Academy Secondary School - Parma
501(c)(3) Donations tax-deductible
Only null% goes to programs Thin reserves
Summit Academy Secondary School - Parma is a 501(c)(3) organization based in Akron, Ohio, registered in 2006, with $3,147,535 in FY2023 revenue. CharityIndex grades it C.
2791 Mogadore Rd, Akron, OH, 44312 EIN 73-1685363 Since 2006
Revenue (FY2023)
$3.1M
▼ 5.9% vs prior year
Expenses (FY2023)
$3.1M
Net assets
$0
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Secondary School - Parma— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +0% margin
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 Secondary School - Parma: 0 mo reserves · +0% margin earns a C on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Secondary School - Parma— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Secondary School - Parma: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $3.8M (FY2013) to $3.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$0
Total liabilities
$0
Net assets
$0
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,147,535▼5.9% | $3,147,535▼5.9% | $0 | $0 | 990 |
| 2022 | $3,343,706▼3.2% | $3,343,706▼3.2% | $0 | $0 | 990 |
| 2021 | $3,454,918▲11.2% | $3,454,918▲11.2% | $0 | $0 | 990 |
| 2020 | $3,107,261▼6.4% | $3,107,261▼4.9% | $0▲100% | $0▼100% | 990 |
| 2019 | $3,318,503▼1.5% | $3,266,957▲11.8% | -$3,360,784▲1.5% | $1,237,972▼18.1% | 990 |
| 2018 | $3,367,758▼1.6% | $2,923,072▲85.1% | -$3,412,330▲11.5% | $1,511,392▼20.0% | 990 |
| 2017 | $3,423,200▼6.2% | $1,579,252▼58.3% | -$3,857,016▲17.4% | $1,888,739▲50.6% | 990 |
| 2016 | $3,647,850▼3.8% | $3,786,472▲3.3% | -$4,666,777▲47.8% | $1,253,898▲3.7% | 990 |
| 2015 | $3,792,623▲1.5% | $3,664,101▲2.9% | -$8,941,942▲1.4% | $1,208,673▲25.5% | 990 |
| 2014 | $3,736,154▼1.9% | $3,559,372▼6.6% | -$9,070,464 | $963,245▲430% | 990 |
| 2013 | $3,809,279 | $3,809,279▲2.6% | $0 | $181,702▲53.4% | 990 |
| 2012 | — | $3,711,114▼5.5% | $0 | $118,473▼23.9% | 990 |
| 2011 | — | $3,925,669▲6.8% | $0 | $155,748▲142% | 990 |
| 2010 | — | $3,677,424▼4.1% | $0 | $64,336▼64.3% | 990 |
| 2009 | — | $3,834,116 | $0 | $179,967 | 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.
Frequently asked questions
- Is Summit Academy Secondary School - Parma a legitimate nonprofit?
- Yes. Summit Academy Secondary School - Parma is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 73-1685363, based in Akron, Ohio. Donations are tax-deductible.
- What is Summit Academy Secondary School - Parma's EIN?
- Summit Academy Secondary School - Parma's Employer Identification Number (EIN) is 73-1685363.
- How much revenue does Summit Academy Secondary School - Parma report?
- Summit Academy Secondary School - Parma reported $3,147,535 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Summit Academy Secondary School - Parma have?
- CharityIndex grades Summit Academy Secondary School - Parma C, based on financial health (reserves and operating margin).
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Data for Summit Academy Secondary School - Parma (EIN 73-1685363) 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.