Summit Schools Inc
Cedar Rapids, Iowa
B+Health Score
67B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
This Org0.84×
Peer Median20.77×
💰
$1.5M
Total Revenue
📊
$1.3M
Total Expenses
🏦
$1.1M
Net Assets
📋
$461K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+14.9%
Year-over-year change (2023 → 2024)
Net Margin
+10.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.84
Net assets divided by total expenses
Liabilities-to-Assets
29.1%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $1,492,554↑15% | $1,335,035↑13% | $1,588,473↑12% | — |
| 2023 | $1,298,673↓14% | $1,183,656↑7% | $1,418,436↑9% | — |
| 2022 | $1,505,080↑46% | $1,108,144↑8% | $1,306,096↑6% | — |
| 2021 | $1,032,702↓4% | $1,030,168↓2% | $1,232,201↑18% | — |
| 2020 | $1,081,194↓2% | $1,055,599 | $1,042,270↑8% | — |
| 2019 | $1,108,561↑3% | $1,051,356↑3% | $968,009↑4% | — |
| 2018 | $1,072,424↑5% | $1,022,635↑7% | $927,999↑10% | — |
| 2017 | $1,020,789↑26% | $953,022↑11% | $845,889↑9% | — |
| 2016 | $808,459↓2% | $858,780↓3% | $776,399↑7% | — |
| 2015 | $824,925↓7% | $886,911↓5% | $726,487↓12% | — |
| 2014 | $887,244↓15% | $928,894↑3% | $821,749↓19% | — |
| 2013 | $1,041,460↑7% | $904,968↑6% | $1,015,217↑14% | — |
| 2012 | $969,376 | $855,565 | $892,618 | — |
Frequently Asked Questions
What does Summit Schools Inc do?▼
Summit Schools Inc is a education nonprofit organization based in Iowa. It is classified under NTEE code B20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Summit Schools Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Summit Schools Inc.
How much revenue does Summit Schools Inc generate?▼
Summit Schools Inc reports $1.8M in annual revenue and holds $1.8M in total assets, based on IRS filings.