funder logo

THE SUMMIT FOUNDATION

THE SUMMIT FOUNDATION

Breckenridge, CO, US
501(c)(3)
EIN
74-2341399
DAF Sponsor
Regional Funder
funder logo

THE SUMMIT FOUNDATION

Breckenridge, CO, US
501(c)(3)
EIN
74-2341399
DAF Sponsor
Regional Funder

Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024

$6,381,865

Contributions
76%
Investments
9%
Fundraising Events
9%
Other
6%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$6,001,722

Grants
76%
Salaries & Benefits
16%
Offices, Occupancy & IT
3%
Advertising & Promotion
2%
Other
2%
Fees to Service Providers
1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$6,565,552
$4,819,439
-27%
Government Grants
$0
$0
-
Fundraising Events
$213,117
$583,991
+174%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$415,050
$605,171
+46%
Other
$31,047
$373,264
+1102%
Total Revenues
$7,224,766
$6,381,865
-12%
Expenses
2023
2024
Change
Grants
$3,883,255
$4,548,258
+17%
Benefits to Members
$0
$0
-
Salaries & Benefits
$840,676
$953,833
+13%
Fees to Service Providers
$58,308
$71,322
+22%
Advertising & Promotion
$144,771
$143,990
-1%
Offices, Occupancy & IT
$92,625
$177,514
+92%
Interest
$0
$0
-
Depreciation
$12,702
$7,678
-40%
Other
$131,476
$99,127
-25%
Total Expenses
$5,163,813
$6,001,722
+16%
Net income
2023
2024
Change
Net income
+$2,060,953
+$380,143
-82%
Functional Expenses
Summary
2023
2024
Change
Program
$4,262,203
$4,882,899
+15%
Admin
$386,614
$774,496
+100%
Fundraising
$514,996
$344,327
-33%
Total Expenses
$5,163,813
$6,001,722
+16%
Income Statement
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