Overview
What is Summit Children's Residence Ctr Inc?
Summit Children's Residence Ctr Inc is a nonprofit organization that operates The Summit School at Nyack, a coeducational program catering to young adults. These individuals face social-emotional challenges that hinder their daily functioning. The organization provides essential clinical services to these children, ensuring they receive the necessary support for overcoming their difficulties and improving their overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star rating
Summit Children's Residence Center Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization excels in various metrics, notably scoring 100% for having a majority of independent board members and maintaining robust financial oversight. Their processes for conflict of interest, whistleblower protection, and document retention are well-established, contributing to a transparent and ethical operational framework.
The financial health of the organization is solid, with a low liabilities-to-assets ratio of 29.39%, indicating a stable fiscal position. Furthermore, Summit Children’s demonstrates a high program expense ratio of 92.54%, meaning that a significant portion of their funding is directed towards their programs rather than administrative costs. This highlights their focus on effectively serving their mission.
While the organization shows remarkable strengths in governance and financial management, the data does not indicate any significant limitations or areas for improvement. Overall, Summit Children's Residence Center Inc appears to be a well-managed nonprofit dedicated to its mission with a strong foundation in accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Summit Children's Residence Ctr Inc legitimate?
Summit Children's Residence Ctr Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summit Children's Residence Ctr Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $124,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,390,321
For more financial information, click here
What is the mission statement of Summit Children's Residence Ctr Inc?
The Summit Children's Residence Ctr Inc focuses on delivering clinical services to young adults experiencing social-emotional challenges that impede their daily functioning. The organization operates a coeducational program aimed at addressing the unique needs of these individuals, enabling them to overcome their difficulties and improve their overall well-being. Through tailored approaches, the center offers a supportive environment where students can learn essential skills to strengthen their emotional resilience and cope with the demands of everyday life. By addressing the root causes of their challenges and providing them with the necessary tools and resources, the Summit School empowers young adults to reach their full potential.
Who is the CEO of Summit Children's Residence Ctr Inc?
Dr Bruce Goldsmith is the Board Member of Summit Children's Residence Ctr Inc.
What is the revenue of Summit Children's Residence Ctr Inc?
Summit Children's Residence Ctr Inc's revenue in 2022 was $13,337,934.
Who are the executives of Summit Children's Residence Ctr Inc and what are their salaries?
The average compensation at Summit Children's Residence Ctr Inc during 2022 was $51,470. There are 146 employees at Summit Children's Residence Ctr Inc.
Here are 12 key members and their salaries:
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- Compensation: $124,300
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- Compensation: $133,259
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- Compensation: $121,890
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Where can I find the form 990 for Summit Children's Residence Ctr Inc?
Summit Children's Residence Ctr Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Summit Children's Residence Ctr Inc
Summit Children's Residence Ctr Inc, a dedicated organization, is committed to providing clinical services to young adults. The heart of this nonprofit lies in The Summit School at Nyack, a coeducational program specifically designed to address the unique challenges faced by young people experiencing social-emotional struggles. These difficulties often hinder their ability to function effectively in daily life. By offering tailored support, Summit Children's Residence Ctr Inc aims to help these young adults navigate their emotional landscapes and regain control over their day-to-day experiences. The organization's mission is to empower these individuals, enabling them to overcome the obstacles that stand in the way of their personal growth and development. Through its dedicated efforts, Summit Children's Residence Ctr Inc fosters an environment where young adults can learn new skills, gain self-awareness, and ultimately, reclaim their lives.
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Impact
October, 2024
Summit Children's Residence Center Inc significantly impacts the lives of young adults by providing essential clinical services focused on mental health. Located in Upper Nyack, NY, The Summit School at Nyack offers a supportive coeducational environment designed to address social-emotional difficulties that hinder daily functioning. Through tailored interventions and therapeutic support, the program empowers students to overcome challenges, develop coping skills, and improve their overall well-being. This comprehensive approach not only enhances individual resilience but also fosters a sense of community and belonging among participants, contributing to better mental health outcomes and promoting healthier developmental trajectories.
This information is meant to be a general summary of Summit Children's Residence Ctr Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $13,881
- Program Service Revenue: $13,000,392
- Gross Receipts: $13,337,934
Assets and Liabilities:
- Total Assets: $10,198,971
- Total Liabilities: $2,953,010
- Net Assets: $7,245,961
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM AND BOARD
Revenue
$11,537,592
Organization Details
Founding Year
1974
Phone
(845) 358-7772Principal Officer
Dr Bruce Goldsmith
Main Address
339 N BROADWAY, UPPER NYACK, NY, 10960
NTEE Category
Code: F330 - Mental health
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