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Summit Education Initiative

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

EIN: 341843220 ✦ Akron, OH ✦ Designated as a 501(c)(3)

Overview

What is Summit Education Initiative?

Summit Education Initiative is a nonprofit organization situated in Akron, Ohio. Their primary objective is to enhance the academic readiness of students, particularly in math and reading, preparing them for crucial standardized tests. They conduct an intensive summer academy and follow-up events to provide skill development and test-taking strategies. Recognizing that academic readiness is not the only challenge, they also focus on building aspirations by providing mentorship to guide students from high school to post-secondary institutions. The initiative aims to significantly increase the number of high school graduates who are ready for success, with a vision to dramatically improve individual and regional prosperity through increased educational attainment. They serve approximately 7,500 preschool and kindergarten students, 14,250 third-grade readers, 20,000 eighth-grade math students, 22,400 high school students, and help 7,400 students from the classes of 2020 and 2021 matriculate and persist in college. This nonprofit organization operates with a team of 15 dedicated individuals.


Official website here: www.seisummit.org

Is Summit Education Initiative legitimate?

Summit Education Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summit Education Initiative 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.

Here are some key statistics you may want to consider:

Executive Compensation: $105,973
Professional Fundraising Fees: $0
Other Salaries and Wages: $594,276

For more financial information, click here


Official website here: www.seisummit.org

What is the mission statement of Summit Education Initiative?

The Summit Education Initiative's mission is geared towards significantly increasing the number of high school graduates who are prepared for success beyond their academic years. Their vision is to dramatically enhance individual and regional prosperity by boosting educational attainment levels. To achieve this, they prioritize academic readiness, offering intensive summer academies and follow-up events to enhance math and reading skills and test-taking strategies. Furthermore, they focus on aspiration building, providing mentorship to help remove social and cultural barriers and guide students towards post-secondary institution enrollment. The initiative aims to impact a substantial number of students at various stages of their education, including pre-school and kindergarten, third-grade reading, eighth-grade math, high school success, and college matriculation and persistence.


Official website here: www.seisummit.org

Who is the CEO of Summit Education Initiative?

David W James is the Chair of Summit Education Initiative.


Official website here: www.seisummit.org

What is the revenue of Summit Education Initiative?

Summit Education Initiative's revenue in 2022 was $1,681,930.


Official website here: www.seisummit.org

Who are the executives of Summit Education Initiative and what are their salaries?

The average compensation at Summit Education Initiative during 2022 was $46,683. There are 15 employees and 362 volunteers at Summit Education Initiative.

Here are 24 key members and their salaries:

    Kaye Rowe (Top Financial Officer)
  • Compensation: $73,589
  • Related: $0
  • Other: $8,100

    • John Williams (Interim Executive Director)
  • Compensation: $32,384
  • Related: $0
  • Other: $6,268

    • Wm Glenn Leppo (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Evan Scocos (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Duff (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Bertsch (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Clark Phd (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Belinda Cox (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Custodio Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Dearborn (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ramona Hood (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David James (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shana Lee (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Millard (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samuel Pierre-Louis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tia Ramlow (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ilene Shapiro (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lada Gibson-Shreve Phd (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Fowler-Mack (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kirstin S Toth (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Dale Fox (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Wiencek Phd (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Wulkan Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Deevers (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.seisummit.org

    Where can I find the form 990 for Summit Education Initiative?

    The Summit Education Initiative’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.seisummit.org

    Learn more at the official website: www.seisummit.org

    Mission Statement of Summit Education Initiative

    Summit Education Initiative, a nonprofit organization, is committed to significantly increasing the number of high school graduates who are prepared for success beyond their academic careers. Their vision extends beyond individual achievement, aiming to dramatically improve regional prosperity through increased educational attainment.

    The organization places a strong emphasis on academic readiness, particularly in subjects like math and reading. They conduct an intensive two-week summer academy for students in their senior year, focusing on skill development and test-taking strategies. A follow-up event, MathPalooza, reinforces key math concepts to ensure students have mastered the content. Beyond academics, Summit Education Initiative recognizes the importance of building aspirations. Mentors work with students from their junior year of high school, guiding them towards enrollment in post-secondary institutions.

    In terms of impact, the organization has made strides in various grade levels, from preschool and kindergarten readiness to college matriculation and persistence. They have served thousands of students in these areas, demonstrating their commitment to improving educational outcomes and fostering future success.

    Impact

    This information is meant to be a general summary of Summit Education Initiative. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Summit Education Initiative significantly impacts the educational outcomes of students in Akron, Ohio. They work diligently to ensure that students graduate from high school ready for success by providing academic readiness programs like intensive summer academies and skill-building events. Additionally, they offer mentorship opportunities to help students navigate social and cultural barriers from junior year of high school through postsecondary enrollment. With an estimated impact on over 71,000 students in various educational stages, Summit Education Initiative plays a crucial role in improving individual and regional prosperity through increased educational attainment.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $75,321
  • Program Service Revenue: $38,822
  • Gross Receipts: $1,822,474

    • Assets and Liabilities:
  • Total Assets: $2,470,947
  • Total Liabilities: $257,587
  • Net Assets: $2,213,360
  • Programs

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

    CONTRACTED SERVICES

    Revenue

    $38,822

    Organization Details

    Founding Year

    1996

    Principal Officer

    David W James

    Main Address

    120 EAST MILL ST 303, AKRON, OH, 443081745

    NTEE Category

    Code: B99 - Education

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