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Summit Academy Management

Saber Educational Services Foundations Educational Solutions

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 341938197 ✦ Akron, OH ✦ Designated as a 501(c)(3)

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Overview

What is Summit Academy Management?

Summit Academy Management, also known as Saber Educational Services Foundations Educational Solutions, is a mission-dedicated organization based in Akron, Ohio. With a focus on charter schools, they offer essential support services, including human resources and payroll, ensuring smooth day-to-day operations. Their primary goal is to create an environment conducive to learning, using a therapeutic approach. By delivering educational opportunities effectively, Summit Academy Management enables growth and development for all students.


Official website here: www.summitacademies.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Summit Academy Management has received an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial transparency. The organization excels in various accountability criteria, achieving a perfect score in key areas such as independent board membership and financial oversight. Their high program expense ratio of 87.64% suggests that a significant portion of their funds is directed towards their programs rather than administrative costs.

The organization demonstrates robust governance practices, with policies in place for conflict of interest, whistleblower protection, and document retention. Their independent board comprises eight members, all of whom are fully independent, which enhances their credibility and governance. Additionally, Summit Academy Management has not reported any material diversions of assets, further reinforcing their integrity.

While the overall rating is highly positive, no specific limitations or concerns are noted in the provided data. This strong performance highlights Summit Academy Management as a reliable nonprofit, dedicated to responsible stewardship of its resources and effective program delivery.


This AI summary has been generated from information found on Charity Navigator.

Is Summit Academy Management legitimate?

Summit Academy Management is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summit Academy Management 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: $997,270
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,465,300

For more financial information, click here


Official website here: www.summitacademies.org

What is the mission statement of Summit Academy Management?

Summit Academy Management is a non-profit organization dedicated to supporting charter schools. They offer essential services such as human resources and payroll solutions, enabling these educational institutions to focus on their core mission. With a mission to deliver educational opportunities in a nurturing environment, they strive to ensure everyone has the chance to learn effectively. Their team is committed to collaborating with charter schools, providing them with essential resources and solutions to optimize their operations. Through their efforts, they contribute significantly to the success of charter schools and the students they serve.


Official website here: www.summitacademies.org

Who is the CEO of Summit Academy Management?

John Guyer is the Board Member of Summit Academy Management. The CEO's salary of Summit Academy Management is $201,500 and their total compensation is $254,263.


Official website here: www.summitacademies.org

What is the revenue of Summit Academy Management?

Summit Academy Management's revenue in 2022 was $53,763,155.


Official website here: www.summitacademies.org

Who are the executives of Summit Academy Management and what are their salaries?

The average compensation at Summit Academy Management during 2022 was $29,402. There are 832 employees at Summit Academy Management.


Here are 14 key members and their salaries (Summit Academy Management's CEO's salary is $201,500 and their total compensation is $254,263):


Amy Martin (Board Member)
  • Compensation: $2,400
  • Related: $0
  • Other: $298
Fred Brumfield (Board Member)
  • Compensation: $3,000
  • Related: $0
  • Other: $372
Patrick Tofil (Board Member)
  • Compensation: $1,500
  • Related: $0
  • Other: $186
David Norman (Board Member)
  • Compensation: $2,100
  • Related: $0
  • Other: $260
Elaine Wilkins - Copeland (Board Member)
  • Compensation: $2,700
  • Related: $0
  • Other: $335
Anthony Malorni (Board Member/Chairperson)
  • Compensation: $3,300
  • Related: $0
  • Other: $409
James Slogar (Board Member)
  • Compensation: $3,000
  • Related: $0
  • Other: $372
Michael Rasicci (Board Member)
  • Compensation: $2,100
  • Related: $0
  • Other: $260
Scott Pitman (Treasurer)
  • Compensation: $84,750
  • Related: $0
  • Other: $19,485
John Guyer (Ceo)
  • Compensation: $201,500
  • Related: $0
  • Other: $52,763
Debra Skul (Executive Director Of Deve)
  • Compensation: $131,500
  • Related: $0
  • Other: $43,058
Amy Cole (Executive Director Human Resources)
  • Compensation: $139,701
  • Related: $0
  • Other: $44,329
Mark Michael (Vp Of Operations & General Counsel)
  • Compensation: $154,839
  • Related: $0
  • Other: $17,503
Erica Richley - Duda (Exec. Dir Of Special Educa)
  • Compensation: $115,391
  • Related: $0
  • Other: $31,793


Official website here: www.summitacademies.org

Where can I find the form 990 for Summit Academy Management?

Summit Academy Management's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.summitacademies.org

Learn more at the official website: www.summitacademies.org

Mission Statement of Summit Academy Management

Summit Academy Management, a dedicated organization, is committed to providing essential support services to charter schools. Based in Ohio, this mission-driven entity offers vital solutions in areas such as human resources and payroll, ensuring the smooth operation of educational institutions. The team at Summit Academy Management is driven by a passion to create and deliver educational opportunities in a nurturing environment, enabling everyone to learn and thrive. Their mission is to design and implement innovative, therapeutic educational programs.

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Impact




October, 2024

Summit Academy Management plays a crucial role in enhancing the operational efficiency and educational quality of charter schools. By offering comprehensive support services, including human resources and payroll, the organization allows schools to focus more on their core mission: providing quality education.

Located in Akron, OH, they work diligently to create a therapeutic learning environment, ensuring that all students have the opportunity to thrive. Their commitment to designing and delivering educational opportunities helps to foster an inclusive atmosphere where diverse learning needs are addressed.

The impact of Summit Academy Management is evident in the improved administrative functions of the charter schools they support, enabling educators to concentrate on instruction and student development, ultimately leading to better educational outcomes for students.




This information is meant to be a general summary of Summit Academy Management. 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.

Revenue
$53,763,155 (2022)
Expenses
$48,627,975 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,383
  • Program Service Revenue: $53,305,233
  • Gross Receipts: $53,763,155

Assets and Liabilities:

  • Total Assets: $30,352,271
  • Total Liabilities: $0
  • Net Assets: $30,352,271

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MANAGEMENT SERVICES

Revenue

$53,305,233

Organization Details

Founding Year

2002

Principal Officer

John Guyer

Main Address

2791 MOGADORE ROAD, AKRON, OH, 44312

NTEE Category

Code: B90 - Education

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