Overview
What is Summit School Inc?
Summit School Inc, located at 333 WEST RIVER ROAD, ELGIN, IL 60123, is a nonprofit organization that specializes in providing a highly individualized and structured learning environment for students with learning disabilities. The school caters to students ranging from preschool to high school, aiming to both remediate specific learning disabilities and offer them a comprehensive education equivalent to the regular high school curriculum. With a dedicated team of 57 employees, Summit School Inc is committed to fostering an inclusive and supportive learning environment, ensuring every student has the opportunity to thrive academically.
Official website here: www.summitelgin.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
Summit School Inc has received a strong Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The organization achieved a perfect score in several categories, including an independent board and effective oversight through its audit committee, showcasing its commitment to transparency and ethical governance.
One of its notable strengths is the strong financial health demonstrated by a low liabilities to assets ratio of 2.08% and a program expense ratio of 88.16%, indicating that a significant portion of its resources is directed toward its programs rather than administrative costs. This suggests that the majority of funding is effectively utilized to support its mission.
While the data highlights numerous strengths, the information provided does not indicate any major limitations or concerns regarding the organization's operations or financial practices, reinforcing the positive assessment of its overall effectiveness and dedication to its objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Summit School Inc legitimate?
Summit School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summit School 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: $162,667
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,025,837
For more financial information, click here
Official website here: www.summitelgin.org
What is the mission statement of Summit School Inc?
Summit School Inc provides a highly individualized and structured learning environment for students spanning preschool to high school levels. Their mission is centered around catering to students with learning disabilities, aiming to remediate these specific challenges while simultaneously exposing them to the standard curriculum content. The school strives to create an inclusive setting where students can thrive academically, fostering their personal growth and development.
Official website here: www.summitelgin.org
Who is the CEO of Summit School Inc?
Steve Baldwin is the President of Summit School Inc.
Official website here: www.summitelgin.org
What is the revenue of Summit School Inc?
Summit School Inc's revenue in 2022 was $2,725,735.
Official website here: www.summitelgin.org
Who are the executives of Summit School Inc and what are their salaries?
The average compensation at Summit School Inc during 2022 was $38,395. There are 57 employees and 11 volunteers at Summit School Inc.
Here are 13 key members and their salaries:
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- Compensation: $101,973
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- Other: $2,730
- Compensation: $55,924
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- Other: $9,300
Official website here: www.summitelgin.org
Where can I find the form 990 for Summit School Inc?
Summit School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.summitelgin.org
Learn more at the official website: www.summitelgin.org
Mission Statement of Summit School Inc
Summit School Inc is committed to providing a tailored and structured learning environment for students spanning preschool to high school levels, catering to those with learning disabilities. The institution's mission is to not only address and mitigate specific learning disabilities but also to impart the knowledge found in the regular high school curriculum. Summit School Inc strives to create an educational setting that is tailored to each student's unique needs, ensuring they have the opportunity to thrive academically.
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Impact
October, 2024
Summit School Inc significantly impacts the educational landscape by offering a highly individualized and structured environment for students from preschool to high school. Its specialized Learning Disability Program is tailored to address specific learning challenges while ensuring that students engage with the standard curriculum. This dual focus empowers students to overcome their obstacles and achieve academic success. By providing personalized support, Summit School fosters an inclusive atmosphere where each student's unique needs are prioritized, promoting both educational growth and personal development within the community of Elgin, IL.
This information is meant to be a general summary of Summit School 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: $171,647
- Program Service Revenue: $1,967,551
- Gross Receipts: $3,407,065
Assets and Liabilities:
- Total Assets: $5,230,352
- Total Liabilities: $111,685
- Net Assets: $5,118,667
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$1,967,551
Organization Details
Founding Year
1968
Phone
(847) 468-0490Principal Officer
Steve Baldwin
Main Address
333 WEST RIVER ROAD, ELGIN, IL, 60123
Website
www.summitelgin.orgNTEE Category
Code: B25 - Education
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