Nonprofit screen
Screen a listSummit Education Initiative
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$1.6Mrevenue
FY2025 · −2% in 3 yrs10staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−5.9%
Months of reserve2.4mo
Revenue growth (annualized)+2.8%
Middle half of peersMedianSummit Education Initiative
Where the money goes FY2025 · $1.7M spent
Programs$1.3M74%Management and general$309k18%Fundraising$149k9%990 FY2025 · Part IX line 25
Worth checking2
A funder worth 12% of revenue stopped after FY2020
Gar Foundation gave about $220k a year for four years, 12% of revenue in FY2020.
Funders’ 990-PF grant listsDeficits in 3 of the last 3 years
−$504k in FY2023, −$19k in FY2024 and −$97k in FY2025. Cash covers 2.4 months, under the peer median of 3.9.
990 Part I and balance sheetIn its favor2
Strong governance
21 of 21 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIFunders stay
7 of the 11 funders that gave before FY2021 are still giving.
Funders’ 990-PF grant lists18funders
$141ka year, last 3 years
59%from its largest funder
Funder’17’18’19’20’21’22’23StriveTogether IncOn and off$150k$728k$250kGar FoundationStopped after FY2020$203k$226k$220k$230k–Knowledgeworks FoundationStopped after FY2022$11k$127k$50k$50k–Gates FoundationStopped after FY2019$75k$15k–Mary S & David C Corbin FoundationSince FY2020$10k$10k$10k$10kSisler McFawn Foundation PfdnSince FY2020$10k$10k$10k$10kDonor-advised giftsDonors not disclosed$10$19$5$169 other fundersUp to $15k a year each$10k$8k$9k$23k$12k$500
FundedThrough a donor-advised fundStopped