BEducationEIN: 561993257· Ruling Year: 1998

Summit Charter School Inc

Cashiers, North Carolina

BHealth Score
57B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.04×
Peer Median20.77×
💰
$4.0M
Total Revenue
📊
$4.0M
Total Expenses
🏦
$142K
Net Assets
📋
$128K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.7%
Year-over-year change (2022 → 2023)
Net Margin
-0.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.04
Net assets divided by total expenses
Liabilities-to-Assets
47.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,001,1076%$4,013,8638%$270,18431%
2022$3,784,0508%$3,720,05915%$205,60717%
2021$3,513,44831%$3,244,78110%$246,67226%
2020$2,687,7851%$2,951,5506%$334,124116%
2019$2,718,51711%$2,777,86517%$154,52812%
2018$2,452,9367%$2,384,0525%$175,747114%
2017$2,285,90017%$2,280,24916%$82,0587%
2016$1,949,1882%$1,963,2984%$76,68224%
2015$1,910,4223%$1,892,4601%$101,39925%
2014$1,850,6911%$1,920,9347%$80,84346%
2013$1,836,8641%$1,802,9282%$149,44129%
2012$1,810,3866%$1,848,3287%$116,15624%
2011$1,714,450$1,734,877$152,509

Frequently Asked Questions

What does Summit Charter School Inc do?

Summit Charter School Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B99Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Summit Charter School Inc financially healthy?

Based on our 9-metric Financial Health Score model, Summit Charter School Inc has a score of 57/100 (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 Charter School Inc generate?

Summit Charter School Inc reports $4.6M in annual revenue and holds $422K in total assets, based on IRS filings.

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Summit Charter School Inc — Cashiers, NC | GiveScope