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Summit Charter School Foundation

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

EIN: 562039872 ✦ Cashiers, NC ✦ Designated as a 501(c)(3)

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Overview

What is Summit Charter School Foundation?

The Summit Charter School Foundation is a dedicated nonprofit organization situated in Cashiers, North Carolina. Its primary role is to serve as a supportive entity for the local charter school. Through fundraising efforts, the foundation aims to acquire essential resources such as the building, furniture, and equipment necessary for the school's operation. By doing so, it ensures the charter school has the necessary infrastructure to provide quality education to its students.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Star Rating

The Summit Charter School Foundation has earned a 77% rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization's score is based entirely on this aspect, indicating a commitment to maintaining transparency and prudent financial management. Key strengths include a fully independent board and effective asset management, with no material diversions reported.

User feedback from Great Nonprofits emphasizes the positive impact the school has on the Cashiers community, highlighting its quality K-8 education and strong emphasis on virtues and family involvement. The reviews praise the school for its academic rigor and experiential learning opportunities, contributing to its reputation as a valuable community resource.

While the financial metrics are strong, the organization is also noted for potential future developments, such as the possibility of expanding to include a high school, a move that could significantly enhance its offerings and benefit the community further. Overall, the Summit Charter School Foundation appears to be a well-managed organization with dedicated community support.


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

Is Summit Charter School Foundation legitimate?

Summit Charter School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summit Charter School Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Summit Charter School Foundation?

The Summit Charter School Foundation's mission is to act as a supporting organization, focusing on fundraising efforts to acquire essential resources for a charter school. This includes the procurement of a building, furniture, and necessary equipment. By doing so, the foundation aims to contribute to the school's infrastructure and overall functionality.

Who is the CEO of Summit Charter School Foundation?

Hunter Rob is the Chair of Summit Charter School Foundation.

What is the revenue of Summit Charter School Foundation?

Summit Charter School Foundation's revenue in 2022 was $951,435.

Who are the executives of Summit Charter School Foundation and what are their salaries?

There 516 volunteers at Summit Charter School Foundation.


Here are 8 key members and their salaries:


Crawford Josh (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chapin Sarah (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hunter Rob (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hudson Andrew (Voting Membe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glisson Don (Voting Membe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennings Sarah (Voting Membe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Snoey Carrie (Voting Membe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stewart Debi (Voting Membe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Summit Charter School Foundation?

Summit Charter School Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Summit Charter School Foundation

The Summit Charter School Foundation is a dedicated support organization, whose primary mission is to bolster the financial needs of a local charter school. This nonprofit entity works tirelessly to secure funds necessary for acquiring a building, essential furnishings, and necessary equipment for the school in Cashiers, NC. By fulfilling this role, the Summit Charter School Foundation significantly contributes to the school's ability to provide quality education to its students.

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Impact




July, 2024

Summit Charter School Foundation's impact is evident in its role as a critical support organization for the charter school in Cashiers, NC. By raising funds to purchase essential resources such as the building, furnishings, and equipment needed for the school, the foundation plays a vital role in ensuring the continued operation and success of the educational institution. Through its efforts, the foundation directly contributes to enhancing the learning environment and educational opportunities available to students in the Cashiers area.




This information is meant to be a general summary of Summit Charter School Foundation. 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
$951,435 (2022)
Expenses
$1,019,212 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $15,219
  • Gross Receipts: $1,037,016

Assets and Liabilities:

  • Total Assets: $10,743,475
  • Total Liabilities: $2,399
  • Net Assets: $10,741,076

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Organization Details

Founding Year

1997

Principal Officer

Hunter Rob

Main Address

PO BOX 2493, CASHIERS, NC, 28717

NTEE Category

Code: B110 - Education

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