Small Public Charity

SUMMIT EDUCATION ASSOCIATION INC

SUMMIT EDUCATION ASSOCIATION INC, of GREENSBORO, NC, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2022 filing shows $6K in revenue, $24K in expenses, $386K in total assets. IRS filings disclose 2 grants awarded by this foundation, totaling roughly $648K.

EIN: 201853192 GREENSBORO, NC Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2022
Total Revenue$6K
Total Expenses$24K
Total Assets$386K
Grants Given2
Grant Total$648K
Filing Years2018–2022

Mission

TO SOLICIT MEMBERS AND TAX DEDUCTIBLE CONTRIBUTIONS TO SUPPORT THE EFFORTS OF SUMMIT CREDIT UNION IN PROVIDING EDUCATION SCHOLARSHIPS AND EDUCATIONAL SEMINARS.

Where $100 goes at Summit Education Association Inc

How Summit Education Association Inc divides every $100 it spends, from its own Form 990-EZ filings, averaged across 5 years.

$100 Programs the work itself
<$1 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $100 for programs

$100
To solicit members and tax deductible contributions to support the efforts of summit credit union in providing education scholarships and educational seminars
All program spending
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Source: Form 990-EZ filings with the IRS, latest fiscal year 2022. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VICE-CHAIRMA Dan Greene
CHAIRMAN Jack Thornton
TREASURER Paul Francis
MEMBER Rick Miller
SECRETARY Sharisse Fuller

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$647,625 2 grants

Financial Trends

Year Revenue Expenses Assets
2022 $6K $24K $386K
2021 $5K $7K $404K
2020 $4K $42K $406K
2019 $789K $501K $444K
2018 $312K $157K $155K

Between 2018 and 2022, reported annual revenue declined from $312K to $6K (-98%), with total assets most recently reported at $386K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in SC.

SC

Full geographic grant map with state-by-state breakdown available with membership.

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