Summit Education Foundation
- Assets
- $36.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Breckenridge, CO
- Founding
- 07/2010
- Data as of
- 12/2021
- EIN
- 27-2235994
Organization Overview
Summit Education Foundation is located in Breckenridge, CO. The organization was established in 2010. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Summit Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Summit Education Foundation generated $93.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $93.7k during the year ending 12/2021. While expenses have increased by 14.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Ward Vice Chair | 10 | $0 | |
Brad Piehl Chairman | 1 | $0 | |
Kyle Spencer Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,645 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,500 |
| Total Revenue | $93,145 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $17,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,762 |
| Other expenses | $1,211 |
| Total expenses | $93,697 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,705 |
| Other assets | $0 |
| Total assets | $36,705 |
| Total liabilities | $0 |
| Net assets or fund balances | $36,705 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Summit Education Foundation has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
F Cubed Foundation Frisco, CO PURPOSE: FUND OPERATING EXPENSES | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Turing School Of Software And Design Denver, CO | $6,210,648 | $10,301,401 |
Rooted Denver, CO | $4,963,250 | $7,608,549 |
United States Space Foundation Colorado Springs, CO | $16,544,992 | $7,378,299 |
Collective For Youth Omaha, NE | $16,344,773 | $14,408,697 |
Youth Entrepreneurs Inc Wichita, KS | $8,370,922 | $6,293,107 |
Lena Foundation Louisville, CO | $6,954,124 | $11,160,800 |
Starfall Education Foundation Boulder, CO | $23,360,929 | $7,522,820 |
Oklahoma Public School Resource Center Inc Oklahoma City, OK | $4,660,216 | $8,536,647 |
North Valley Christian Academy Phoenix, AZ | $21,880,412 | $8,715,772 |
Communities In Schools Of Mid-America Inc Lawrence, KS | $5,926,043 | $10,689,088 |
Colorado High School Activities Association Aurora, CO | $4,647,577 | $4,396,075 |
Avenue Scholars Foundation Omaha, NE | $2,155,096 | $4,937,256 |