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Summit Academy Of Greater Louisville Inc

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

EIN: 611214457 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Summit Academy Of Greater Louisville Inc?

Summit Academy of Greater Louisville Inc, located at 11508 Main Street, Louisville, Kentucky 40243, is a dedicated nonprofit organization. Their primary mission is to deliver a top-notch educational experience to children who have, or are at risk of developing, a special learning disability. With a workforce of 44 individuals, they are committed to providing a nurturing environment that caters specifically to their students' unique needs. The organization's activities and mission revolve around offering a high-quality education to these children, ensuring they receive the support they require to thrive academically.


Official website here: www.summit-academy.org

What are the reviews and ratings of this charity?

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

Summit Academy Of Greater Louisville Inc has achieved an impressive 96% rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization demonstrates a high level of transparency and responsible financial management, evidenced by a perfect score for its audited financial statements and adherence to essential policies such as conflict of interest and whistleblower protections.

The majority of the board members are independent, with 64% meeting this criterion, which further enhances the organization's governance. The program expense ratio stands at 86.30%, showing that a significant portion of its expenses is directed towards its programs, reflecting its commitment to fulfilling its mission effectively.

While the organization maintains a solid financial position with a liabilities to assets ratio of 25.48%, the data does not indicate any major limitations or concerns regarding operations. Overall, Summit Academy Of Greater Louisville Inc is recognized for its fiscal health and commitment to accountability, making it a trustworthy option for potential donors.


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

What do the Facebook reviews say about Summit Academy Of Greater Louisville Inc?

88% of reviewers recommend Summit Academy of Greater Louisville Inc on Facebook. Here is a summary of their reviews:

Many parents express their satisfaction with the personalized approach offered by the school. They highlight the small class sizes and individualized curriculum as significant advantages, noting that these factors contribute positively to their children's learning experiences. One parent mentioned that their son enjoys attending school, which underscores the effectiveness of the environment provided by the academy.

Overall, the sentiment towards Summit Academy is positive, with users appreciating the supportive educational setting that caters to the needs of their children. The focus on individualized learning seems to resonate well with families seeking a more tailored educational experience for their students.


This AI summary has been generated from reviews found on Facebook.

Is Summit Academy Of Greater Louisville Inc legitimate?

Summit Academy Of Greater Louisville Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summit Academy Of Greater Louisville 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,617,383

For more financial information, click here


Official website here: www.summit-academy.org

What is the mission statement of Summit Academy Of Greater Louisville Inc?

Summit Academy of Greater Louisville Inc is committed to delivering a top-notch education to children who have a special learning disability or are at risk of developing one. Their mission is centered around providing an inclusive learning environment where these children can thrive and reach their full potential. The academy advocates for high educational standards and works diligently to ensure that each student receives the support they need to succeed academically and socially. Their mission extends beyond the classroom, aiming to foster a holistic development of each child, equipping them with the necessary skills for future success.


Official website here: www.summit-academy.org

What is the revenue of Summit Academy Of Greater Louisville Inc?

Summit Academy Of Greater Louisville Inc's revenue in 2024 was $2,811,150.


Official website here: www.summit-academy.org

Who are the executives of Summit Academy Of Greater Louisville Inc and what are their salaries?

The average compensation at Summit Academy Of Greater Louisville Inc during 2024 was $35,143.

Here are 17 key members and their salaries:


Douglas Strothman (Head Of School)
  • Compensation: $109,304
  • Related: $0
  • Other: $0
Stephanie Cain (Director Of Academics)
  • Compensation: $66,950
  • Related: $0
  • Other: $0
Renee Lindsey (Director Of Finance)
  • Compensation: $74,675
  • Related: $0
  • Other: $0
Rebecca Hoffman (Principal)
  • Compensation: $75,190
  • Related: $0
  • Other: $0
Mary Harville (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Morris (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Baird (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Spence (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Nehil (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Mucci (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susannah Stevenson (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Wells (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Coomes (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Priscilla Vessels (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mackenzie Hundley (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Loyd (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Zachary Theineman (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.summit-academy.org

Where can I find the form 990 for Summit Academy Of Greater Louisville Inc?

Summit Academy Of Greater Louisville Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.summit-academy.org

Learn more at the official website: www.summit-academy.org

Mission Statement of Summit Academy Of Greater Louisville Inc

Summit Academy of Greater Louisville Inc is committed to delivering a top-notch education to children who have a special learning disability or are at risk of developing one. Their mission is centered around providing an inclusive learning environment where these children can thrive and reach their full potential. The organization strives to equip these children with the necessary skills and knowledge to navigate their educational journey, ensuring they are not left behind due to their unique learning needs. By offering a high-quality education, Summit Academy of Greater Louisville Inc aims to empower these children, fostering their confidence and self-belief. Ultimately, the organization's mission is to help these children overcome their learning challenges and succeed in their academic pursuits.

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Impact




July, 2024

Summit Academy of Greater Louisville Inc provides a high-quality education to children with, or at risk for, special learning disabilities. Through its focused mission, the organization directly impacts the lives of these children by offering tailored educational programs that meet their unique needs. By doing so, Summit Academy contributes to the academic and personal growth of these students, empowering them to reach their full potential and succeed in their academic pursuits. Its dedication to providing specialized education plays a crucial role in ensuring that all children have access to quality learning opportunities, regardless of their learning challenges.




This information is meant to be a general summary of Summit Academy Of Greater Louisville 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.

Revenue
$2,811,150 (2024)
Expenses
$2,632,072 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $32,708
  • Program Service Revenue: $2,333,319
  • Gross Receipts: $2,869,401

Assets and Liabilities:

  • Total Assets: $2,483,695
  • Total Liabilities: $579,889
  • Net Assets: $1,903,806

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Programs

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

TUITION & FEES

Revenue

$2,223,895

ANCILLARY PROGRAM REVE

Revenue

$74,014

OTHER REVENUE

Revenue

$35,410

Organization Details

Founding Year

1992

Principal Officer

Douglas Strothman

NTEE Category

Code: B28Z - Education

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