Summit Foundation
Charlotte, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 664 peers in Unclassified with $100M-$1B revenue
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
15 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $447,080,568↑446958% | $446,711,946↑397465% | $4,924,079↑23% | |
| 2022 | $100,005 | $112,362↓100% | $3,995,741↑17% | — |
| 2021 | $100,005↑666600% | $127,532,699↑36137% | $3,419,609↓93% | — |
| 2020 | $15↓100% | $351,941↓92% | $50,851,473↓1% | — |
| 2019 | $3,500,235↓17% | $4,232,148↑31% | $51,203,610↓1% | — |
| 2018 | $4,200,192↓28% | $3,234,467↓57% | $51,910,523↑2% | — |
| 2017 | $5,800,368↑21% | $7,550,875↑154% | $50,957,207↓3% | — |
| 2016 | $4,800,363↓6% | $2,978,017↓96% | $52,702,795↑4% | — |
| 2015 | $5,125,264 | $74,141,862↑1284% | $50,890,303↓58% | — |
| 2014 | $5,100,189↓29% | $5,356,077↓20% | $119,904,750 | — |
| 2013 | $7,226,047↑45% | $6,673,583↑33% | $120,159,738 | — |
| 2012 | $5,000,465↑614% | $5,019,498↑618% | $119,610,906 | — |
| 2011 | $700,486↑133% | $699,538↑135% | $119,611,803 | — |
| 2010 | $300,035↓100% | $297,200 | $119,610,855 | — |
| 2009 | $119,608,020 | $0 | $119,608,020 | — |
Frequently Asked Questions
What does Summit Foundation do?▼
Summit Foundation is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Summit Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Summit Foundation has a score of 53/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Summit Foundation generate?▼
Summit Foundation reports $104.3M in annual revenue and holds $77.4M in total assets, based on IRS filings.
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