SUMMIT EDUCATION INITIATIVE

AKRON, OH, 44325 (330) 535-8833 Est. 1996 EIN 34-1843220

B99 - Education N.E.C. 990 - Public charity return 501(c)(3)

Mission

OUR VISION IS TO DRAMATICALLY IMPROVE INDIVIDUAL AND REGIONAL PROSPERITY THROUGH INCREASED EDUCATIONAL ATTAINMENT.

Total Revenue

$1,642,526

Total Expenses

$1,739,568

Net Assets

$1,758,491

10 employees 250 volunteers

From latest filing (tax period ending 2025-06-30)

Operating Reserve

12.1 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 3.8%

Expenses ↑ 8.6%

Revenue Sources

Contributions 84.1% Earned revenue 6.6% Investment 8.6% Other 1.0%

Expense Breakdown

Program 73.6% Management 17.8% Fundraising 8.6%

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Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$1,642,526 ↑	$1,739,568	$1,758,491
2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024	$1,582,772 ↑	$1,601,901	$1,859,000
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$1,186,745 ↓	$1,691,020	$1,810,772
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$1,681,930 ↓	$2,031,352	$2,213,360
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$2,055,954 ↑	$1,602,742	$2,850,425
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$1,927,440	$1,536,437	$2,225,252