CSCharityScored
56

Summit Academy Oic

Education · Minneapolis, Minnesota

935 Olson Memorial Hwy, Minneapolis, MN 55405-1359

EIN: 410908458· Founded: Mar 1967· 59 years active· Filing Year: 2024

Annual Revenue

$18.0M

Total Expenses

$15.4M

Total Assets

$21.8M

Program Spending

31%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.3M

8.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$6.2M

Total Payroll

$7.5M

49% of total expenses

Where the Money Goes

31%
Programs: 31%
Payroll: 49%
Other overhead: 69%
Program Revenue$4.8M (27%)
Total Expenses$15.4M (86%)
Payroll$7.5M (49%)
Overhead (non-program)69%

Trust Score Breakdown

Program Spending Ratio

31% of expenses go to programs

40%

Revenue & Stability

$18.0M annual revenue

15%

Executive Compensation

$1.3M total officer comp (8.3% of expenses)

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$21.8M in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.