Overview

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Est.

1996

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

SUMMIT EDUCATION INITIATIVE is an education nonprofit focused on significantly increasing the proportion of students who graduate from high school ready for success. Based in the 2025 filing year, it operates at a $1.7M budget and $1.6M in revenue, with major support from AKRON COMMUNITY FOUNDATION, UNITED WAY OF SUMMIT AND MEDINA, and Strive Together, Inc.

Mission Statement

OUR MISSION IS TO SIGNIFICANTLY INCREASE THE PROPORTION OF STUDENTS WHO GRADUATE FROM HIGH SCHOOL READY FOR SUCCESS.
Revenues
$1.6M
Expenses
$1.6M
Net Income:
-$19.1K
Assets
$2.1M
Liabilities
$246K
Net Assets:
+$1.9M
Operating Budget
$1.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
6
Median grant size
$117.5K
Largest grant received
$566.7K
D
David W James
Board Member
E
Evan Scocos
Board Member
M
Mark Wulkan Md
Board Member
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  • 24 funders
  • 51 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is SUMMIT EDUCATION INITIATIVE’s budget?
In 2024, SUMMIT EDUCATION INITIATIVE reported an annual operating budget of around $1.6 million. More detailed financial information is available to registered users.
What causes does SUMMIT EDUCATION INITIATIVE support?
SUMMIT EDUCATION INITIATIVE supports work in Education.
Where does SUMMIT EDUCATION INITIATIVE operate?
SUMMIT EDUCATION INITIATIVE is headquartered in AKRON, OH.
Who funded SUMMIT EDUCATION INITIATIVE recently?
In 2025, SUMMIT EDUCATION INITIATIVE received grants from AKRON COMMUNITY FOUNDATION, UNITED WAY OF SUMMIT AND MEDINA, and AKRON COMMUNITY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant SUMMIT EDUCATION INITIATIVE received in 2024?
The largest grant to SUMMIT EDUCATION INITIATIVE in 2024 exceeds $567 thousand.
What is SUMMIT EDUCATION INITIATIVE’s reliance on government grants?
SUMMIT EDUCATION INITIATIVE relied on government grants for more than 5% of their total revenue in 2024.