Summit Public Schools
91% goes to programs $1 to raise $100 Strong reserves
Summit Public Schools is a 501(c)(3) organization based in Redwood City, California, registered in 2009, with $54,305,037 in FY2024 revenue. CharityIndex grades it A, and it directs about 91% of spending to programs.
780 Broadway St, Redwood City, CA, 94063 EIN 26-2034843 Since 2009
Revenue (FY2024)
$54.3M
▼ 6.7% vs prior year
Education median: $200K
Expenses (FY2024)
$56.0M
Net assets
$40.1M
Employees
363
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating91% to programs · $1 to raise $100
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. For Summit Public Schools: 91% to programs · $1 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating9 mo reserves · -3% 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 Public Schools: 9 mo reserves · -3% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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. For Summit Public Schools: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Public Schools: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Summit public schools (sps) is a nonprofit, california public benefit corporation, designed to train, consult and advise public school teachers and administrators; to support, manage, operate, guide, direct and promote public charter schools (the schools); and for other charitable educational purposes as may occur from time to time. sps is economically dependent on state and federal funding. the charters may be revoked by their authorizers for material violations of the charter, failure to meet pupil outcomes identified in the charter, failure to meet generally accepted standards of fiscal management, or violation of any provision of the law.
Contact & location
- Address
- 780 Broadway St, Redwood City, CA, 94063
- City
- Redwood City
- State
- California
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $19.9M (FY2013) to $54.3M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $24.7MNet assets $40.1M
Operating margin
-3.2%
Spent more than it raised in the latest fiscal year.
Total assets
$64.8M
Total liabilities
$24.7M
Net assets
$40.1M
Salaries & benefits
$33.7M
60% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $54,305,037▼6.7% | $56,029,612▲6.1% | $40,113,572▼3.2% | $64,843,322▼5.3% | 990 |
| 2023 | $58,227,781▼6.8% | $52,814,960▼21.8% | $41,453,269▲46.6% | $68,464,260▼9.9% | 990 |
| 2022 | $62,505,480▲0.2% | $67,560,018▲9.1% | $28,272,713▼13.8% | $76,020,327▲75.0% | 990 |
| 2021 | $62,350,567▲12.2% | $61,899,723▲9.3% | $32,787,512▲2.4% | $43,434,175▼10.5% | 990 |
| 2020 | $55,546,203▼9.0% | $56,658,320▼6.9% | $32,026,673▼14.1% | $48,530,707▼10.7% | 990 |
| 2019 | $61,060,378▼20.7% | $60,850,003▼17.0% | $37,264,196▼1.0% | $54,341,620▲21.4% | 990 |
| 2018 | $76,985,306▲30.3% | $73,278,588▲42.9% | $37,629,463▲85.2% | $44,769,752▲33.6% | 990 |
| 2016 | $59,080,241▲58.1% | $51,271,312▲48.2% | $20,314,090▲62.4% | $33,511,428▲143% | 990 |
| 2015 | $37,360,570▲29.4% | $34,597,772▲41.6% | $12,505,161▲26.6% | $13,802,303▲14.4% | 990 |
| 2014 | $28,864,927▲44.8% | $24,435,783▲31.6% | $9,874,286▲81.3% | $12,065,779▲74.7% | 990 |
| 2013 | $19,929,741 | $18,574,201▲142% | $5,445,142▲316% | $6,906,473▲245% | 990 |
| 2011 | — | $7,681,969 | $1,309,973 | $2,003,586 | 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.
Leadership & compensation (FY2024)
Highest-paid: Cady Ching — $279,178 (0.50% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Cady Ching | Chief Executive Officer | 40 | $279,178 |
| Edward Lee | Cfo (left Feb 2025) | 40 | $260,416 |
| Caitlyn Herman | Chief Academic Officer | 40 | $238,149 |
| Sharon Johnson | Sr Dir of Specialized Learning | 40 | $231,871 |
| Nnanna Ogbu | Chief Legal Officer | 40 | $223,946 |
| Brett Van Zuiden | Chief Info Officer | 40 | $219,346 |
| Felix Li | Chief Operations Officer | 40 | $215,557 |
| Andrew Thompson | Board Member | 1 | — |
| Bryce Fleming | Cfo (joined May 2025) | 40 | — |
| Diego Arambula | Chairman | 1 | — |
| Elizabeth Choi | Board Member | 1 | — |
| Jimmy Zuniga | Board Member | 1 | — |
| Michele Hansen | Board Member | 1 | — |
| Robert Oster | Board Member | 1 | — |
| Steven Humphreys | Board Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Adriana San Millan School Psychology and | Special Ed Services | $2,040,964 |
| Swan Cleaning Solutions | Custodial Services | $755,855 |
| Procare Therapy | Special Ed Services | $145,581 |
| Cliftonlarsonallen LLP | Audit Services | $138,217 |
Grants received · $80.9M total
43 grants to Summit Public Schools totaling $80.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charter Fund Inc | Impact and innovation | 2024 | $75,000 |
| American Online Giving Foundation Inc | General support | 2024 | $22,380 |
| Silicon Valley Community Foundation | Education | 2024 | $10,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $2,000,000 |
| Second Harvest of Silicon Valley | To prevent hunger | 2023 | $400,047 |
| American Online Giving Foundation Inc | General support | 2023 | $11,977 |
| Charities Aid Foundation America | Charitable donation | 2023 | $10,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $1,000,000 |
| Second Harvest of Silicon Valley | To prevent hunger | 2022 | $42,319 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $34,500 |
| American Online Giving Foundation Inc | General support | 2022 | $26,922 |
| Donor Advised Charitable Giving | Education | 2022 | $10,000 |
| Rockefeller Philanthropy Advisors Inc | General | 2021 | $500,000 |
| Donor Advised Charitable Giving | Education | 2021 | $37,000 |
| American Online Giving Foundation Inc | General support | 2021 | $35,255 |
Grants made · $3.5M in FY2019
1 grant totaling $3.5M in FY2019. All grants made by Summit Public Schools →
| Recipient | Purpose | Amount |
|---|---|---|
| Community High School Foundation Inc | To complete the san aleso building project. | $3,493,240 |
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Frequently asked questions
- Is Summit Public Schools a legitimate nonprofit?
- Yes. Summit Public Schools is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-2034843, based in Redwood City, California. Donations are tax-deductible.
- What is Summit Public Schools's EIN?
- Summit Public Schools's Employer Identification Number (EIN) is 26-2034843.
- How much revenue does Summit Public Schools report?
- Summit Public Schools reported $54,305,037 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Summit Public Schools's spending goes to programs?
- Summit Public Schools spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Summit Public Schools have?
- CharityIndex grades Summit Public Schools A, based on program efficiency and fundraising cost.
- How much does Summit Public Schools's highest-paid employee make?
- The highest reported compensation on Summit Public Schools's latest Form 990 is $279,178, paid to Cady Ching (Chief Executive Officer).
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Data for Summit Public Schools (EIN 26-2034843) 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.