Virginia · Nonprofit
THE SUMMIT ACADEMY OF CENTRAL VIRGINIA INC
THE SUMMIT ACADEMY OF CENTRAL VIRGINIA INC (Virginia) receives grants from 6 organizations whose IRS filings report $224,584 to it, the largest being Greater Horizons ($175,000). 2 of them have funded it in more than one year, and 96% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $1.3M
- Funders on record
- 6
- Grants received
- $225k
- Net assets
- $722k
What The Summit Academy of Central Virginia Inc does
Mission
The mission of the summit academy is to provide a single-sex, classical education that is rooted in a christological anthropology and the tradition of catholic teaching. We employ the tools of classical learning with additional emphasis on science, technology, engineering, and math; and we place special value on the arts, as well as outdoor education and leadership training. Although we are co-educational as an institution, we are gender specific in classroom instruction.
As stated on its FY2025 Form 990.
Program
The summit academy exists to provide a rigorous liberal arts education and to partner with parents to form their sons and daughters in christian virtue so that they become mature, responsible, young adults equipped to engage the world.
$988,016 spent$943,716 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $988,016.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $190k to $1.2M (+549%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 18% · 2022 9% · 2023 7%. Grants only. Government contracts and fees sit inside program revenue.
21% of THE SUMMIT ACADEMY OF CENTRAL VIRGINIA INC’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Joseph A Stibora
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base held at 1 funder, grant income fell $1k → $33.
4 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 96% 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 THE SUMMIT ACADEMY OF CENTRAL VIRGINIA INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THE SUMMIT ACADEMY OF CENTRAL VIRGINIA INC leans on a few funders — its largest provides 78% of grant income and the top three 96%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
98% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE SUMMIT ACADEMY OF CENTRAL VIRGINIA INC.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 83% · 2020 94% · 2021 100% · 2022 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
96% of THE SUMMIT ACADEMY OF CENTRAL VIRGINIA INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $9k that is directly attributable, 56% of it comes from funders outside Virginia, across 2 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $216k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
THE SUMMIT ACADEMY OF CENTRAL VIRGINIA INC has grown faster than three-quarters of the 9,398 education nonprofits its size.
this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025
Organizations like THE SUMMIT ACADEMY OF CENTRAL VIRGINIA INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
74% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for THE SUMMIT ACADEMY OF CENTRAL VIRGINIA INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE SUMMIT ACADEMY OF CENTRAL VIRGINIA INC?
- THE SUMMIT ACADEMY OF CENTRAL VIRGINIA INC (Virginia) receives grants from 6 organizations whose IRS filings report $224,584 to it, the largest being Greater Horizons ($175,000). 2 of them have funded it in more than one year, and 96% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does THE SUMMIT ACADEMY OF CENTRAL VIRGINIA INC have?
- IRS filings report 6 organizations giving $224,584 in grants to THE SUMMIT ACADEMY OF CENTRAL VIRGINIA INC, 2 of which have funded it in more than one year.
- Who is the largest funder of THE SUMMIT ACADEMY OF CENTRAL VIRGINIA INC?
- Greater Horizons is the largest funder on record, with $175,000 in grants. The full list of funders is on this page.
- How can an organization like THE SUMMIT ACADEMY OF CENTRAL VIRGINIA INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Summit Academy of Central Virginia →
These figures are 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 6 funders 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. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing