Overview
What is Summit Public Schools?
Summit Public Schools is a nonprofit organization located in Redwood City, California. They are known for operating seven charter schools within the state, catering to approximately 3,300 students as of the year ended June 30, 2022. Summit Public Schools focus on providing educational opportunities for the local community while addressing the diverse needs of the evolving educational landscape. Their mission extends beyond just operating schools; they also offer programs dedicated to developing talented teachers and school leaders, ensuring they are well-equipped to tackle the challenges of the ever-changing educational ecosystem. With a team of over 477 employees, Summit Public Schools remain committed to enhancing educational opportunities and shaping the future of California's youth.
Official website here: www.summitps.org
What are the reviews and ratings of this charity?
Charity Navigator rates Summit Public Schools at 86%, granting it a Three-Star out of Four Star rating. This score reflects a strong performance in accountability and finance, indicating that the organization is managing its resources effectively and transparently. The majority of board members are independent, and the organization has solid policies in place for conflict of interest, whistleblower protections, and document retention.
The organization excels in its program expense ratio, dedicating over 91% of its expenditures to program services, which is a strong indicator of its commitment to its educational mission. Additionally, the audit and oversight practices are thoroughly established, ensuring that the financial operations are regularly reviewed and maintained.
However, while the organization performs well in many areas, its liabilities to assets ratio of 62.80% suggests potential financial strain that may require ongoing monitoring. Overall, Summit Public Schools demonstrates fiscal responsibility and dedication to its educational programs, but stakeholders should remain attentive to its financial sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Summit Public Schools legitimate?
Summit Public Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summit Public Schools 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: $814,774
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,624,147
For more financial information, click here
Official website here: www.summitps.org
What is the mission statement of Summit Public Schools?
Summit Public Schools is dedicated to running college preparatory charter schools and programs to foster the development of teachers and school leaders. These initiatives aim to address the constantly changing requirements of the educational ecosystem. Through the operation of seven charter schools, Summit Public Schools cater to approximately 3,300 students, offering them valuable educational opportunities. Furthermore, the organization provides teacher and leader training programs to cater to the diverse needs of various communities within the context of evolving educational systems.
Official website here: www.summitps.org
Who is the CEO of Summit Public Schools?
Diane Tavenner is the Chairman of Summit Public Schools. The CEO's salary of Summit Public Schools is $469,087 and their total compensation is $566,191.
Official website here: www.summitps.org
What is the revenue of Summit Public Schools?
Summit Public Schools's revenue in 2022 was $62,350,567.
Official website here: www.summitps.org
Who are the executives of Summit Public Schools and what are their salaries?
The average compensation at Summit Public Schools during 2022 was $65,910. There are 477 employees and 200 volunteers at Summit Public Schools.
Here are 15 key members and their salaries (Summit Public Schools's CEO's salary is $469,087 and their total compensation is $566,191):
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- Compensation: $469,087
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- Other: $97,104
- Compensation: $139,789
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- Other: $23,685
- Compensation: $139,202
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- Other: $15,792
- Compensation: $257,710
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- Other: $45,729
- Compensation: $205,862
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- Other: $48,154
- Compensation: $147,792
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- Other: $24,139
- Compensation: $194,018
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- Other: $47,210
- Compensation: $205,577
- Related: $0
- Other: $0
Official website here: www.summitps.org
Where can I find the form 990 for Summit Public Schools?
Summit Public Schools's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.summitps.org
Learn more at the official website: www.summitps.org
Mission Statement of Summit Public Schools
Summit Public Schools, a leading educational institution, is dedicated to operating college preparatory charter schools and programs aimed at developing teachers and school leaders. By addressing the continually evolving needs of the educational ecosystem, this nonprofit organization is committed to providing quality education opportunities to the surrounding community.
During the academic year ended June 30, 2022, Summit Public Schools successfully operated seven charter schools, serving approximately 3,300 students. These schools were not only focused on delivering academic instruction but also on providing a dynamic learning environment that responds to the diverse needs of the communities in which they are situated. Moreover, the organization offers teacher and leader training programs to ensure that these educational institutions remain responsive to the changing landscape of the educational ecosystem.
Summit Public Schools' mission is twofold: first, it focuses on providing college preparatory education to students by operating charter schools. This approach enables the organization to offer innovative and effective learning experiences that prepare students for higher education and future careers. Second, Summit Public Schools is committed to developing teachers and school leaders. By investing in the professional growth of educators, the organization ensures that its schools are staffed by skilled, knowledgeable, and motivated individuals who can effectively address the ever-changing needs of their students and communities.
In summary, Summit Public Schools plays a vital role in the educational landscape by operating college preparatory charter schools and providing programs to develop teachers and school leaders. By staying attuned to the continually evolving needs of the educational ecosystem, this nonprofit organization is able to deliver high-quality educational opportunities that empower students and prepare them for successful futures.
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Impact
October, 2024
Summit Public Schools significantly enhances educational opportunities within its surrounding community by operating college preparatory charter schools in California. Serving approximately 3,300 students across seven schools, it focuses on creating a robust learning environment that prepares students for higher education and future success.
In addition to student education, Summit Public Schools places a strong emphasis on teacher and leader development, implementing training programs tailored to meet the diverse needs of the educational landscape. This dual approach ensures that both students and educators are equipped to adapt to the continually evolving challenges of the educational ecosystem, ultimately fostering a culture of growth and achievement in the community.
This information is meant to be a general summary of Summit Public Schools. 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: $133,327
- Program Service Revenue: $2,065,262
- Gross Receipts: $62,350,567
Assets and Liabilities:
- Total Assets: $43,434,175
- Total Liabilities: $10,646,663
- Net Assets: $32,787,512
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$1,933,475
ALL OTHER
Revenue
$131,787
Organization Details
Founding Year
2008
Phone
(650) 257-9880Principal Officer
Diane Tavenner
Main Address
780 BROADWAY, REDWOOD CITY, CA, 94063
Website
www.summitps.orgNTEE Category
Code: B25 - Education
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