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Minnesota · Nonprofit
SUMMIT ACADEMY OIC (Minnesota) is funded by 87 grantmakers whose IRS filings report $22,236,794 in grants to it, the largest being WEM FOUNDATION ($4,650,000). 57 of them have funded it in more than one year.
Against its field
SUMMIT ACADEMY OIC's funding has concentrated — grant income rose while the number of funders held roughly flat.
this organization peer median middle 50% of peers· 655 education nonprofits $10M–$100M, FY2025
Revenue, expenses and net assets — each indexed to 100 at its first filing year, so you read the trajectory, not the magnitude. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
The funding model — what share of revenue comes from contributions, programs, investments and other sources — and whether it's shifting.
62% of SUMMIT ACADEMY OIC’s revenue is contributions — more donation-reliant than the typical peer (26% for the typical peer).
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
Grant income rose $635k → $771k on a roughly flat funder count — a concentrated base.
14 of 87 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 22% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of SUMMIT ACADEMY OIC’s funders (the co-funder graph). Top 30 of 87 funders by total. Association, not causation.
SUMMIT ACADEMY OIC has a broad base — no single funder exceeds 21% of grant income, and it takes 6 funders to reach half.
the vertical line marks half of all grant income — 6 funders to its left
Largest funder’s share by year: 2017 50% · 2018 34% · 2019 39% · 2020 28% · 2021 15% · 2022 10% · 2023 54% · 2024 12% · 2025 34% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.
44% of SUMMIT ACADEMY OIC's funders are still giving 3 years after their first grant; 66% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year.
SUMMIT ACADEMY OIC is locally rooted: 78% of its grant income comes from Minnesota funders.
In-state vs out-of-state, by year
Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 87 funders put you typical among the 400 organizations that share them.
From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $8.5M on record.
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.
Read directly from this organization’s own Form 990, as neutral context.
78% of spending goes to programs.
Operates in 1 state
Every figure is read directly from IRS Form 990 / 990-PF e-file XML — this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 87funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. view filing