Nonprofit · EIN 34-1938197
SUMMIT ACADEMY MANAGEMENT
Tax-exempt · AKRON, OH 44312
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $42,472,333 | $47,534,729 | -$5,062,396 | $29,068,066 | $10,992,534 | $18,075,532 |
| June 30, 2024 | 990 | $46,832,066 | $49,759,039 | -$2,926,973 | $28,761,599 | $5,623,671 | $23,137,928 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $48,761
- Program service revenue
- $41,895,390
- Investment income
- $359,911
- Other revenue
- $168,271
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $449,931
- Other salaries and wages
- $24,293,517
- Salaries, compensation and benefits (total)
- $31,450,870
- Professional fundraising fees
- $0
- Legal fees
- $1,055,331
- Occupancy
- $4,422,434
- Travel
- $200,019
- Depreciation
- $1,375,036
- Program services (functional)
- $41,725,446
- Management and general (functional)
- $5,809,283
Balance sheet and other
- Total assets, start of year
- $28,761,599
- Total assets, end of year
- $29,068,066
- Total liabilities, end of year
- $10,992,534
- Net assets, end of year
- $18,075,532
- Land, buildings and equipment
- $11,773,642
- Net assets without donor restrictions
- $18,075,532
- Gross receipts
- $42,472,333
- Employees
- 514
- Volunteers
- 1
- Year formed
- 2002
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN GUYER | CEO Officer | 40 | $225,000 |
| MARK MICHAEL | DIRECTOR OF OPERATIONS Officer | 40 | $196,056 |
| AMY COLE | VP OF HR Highest-paid employee | 40 | $169,876 |
| ERICA RICHLEY | DIRECTOR OF SPECIAL EDUCATION Highest-paid employee | 40 | $132,093 |
| HEATHER SINGER | EXECUTIVE DIRECTOR OF CURR Highest-paid employee | 40 | $113,000 |
| JAMES HUNTSMAN | BOARD MEMBER Trustee or director | 0.1 | $3,300 |
| ANTHONY MALORNI | BOARD MEMBER Trustee or director | 0.1 | $3,300 |
| JAMES SLOGAR | BOARD MEMBER Trustee or director | 0.1 | $3,300 |
| MARK WOESSNER | BOARD MEMBER Trustee or director | 0.1 | $3,300 |
| DERRICK WYMAN | BOARD MEMBER Trustee or director | 0.1 | $3,000 |
| AMY MARTIN | BOARD MEMBER Trustee or director | 0.1 | $2,700 |
| MICHAEL RASICCI | BOARD MEMBER Trustee or director | 0.1 | $2,700 |
| RICHARD HALL | BOARD MEMBER Trustee or director | 0.1 | $2,700 |
| BEVERLY NISSEL | BOARD MEMBER Trustee or director | 0.1 | $1,800 |
| ROBERT DOLLINGER | BOARD MEMBER Trustee or director | 0.1 | $1,500 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRED BRUMFIELD | BOARD MEMBER Trustee or director | 0.1 | $900 |
| DIANE LONGSTRETH | BOARD MEMBER Trustee or director | 0.1 | $375 |
| ALBERT CARPENTIER | BOARD MEMBER Trustee or director | 0.1 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN GUYER | CEO Officer | 40 | $225,501 | $25,678 |
| AMY COLE | VP OF HR Highest-paid employee | 40 | $161,547 | $79,305 |
| MARK MICHAEL | DIRECTOR OF OPERATIONS Officer | 40 | $188,143 | $42,052 |
| ERICA RICHLEY | DIRECTOR OF SPECIAL EDUCA Highest-paid employee | 40 | $110,907 | $32,493 |
| HEATHER SINGER | EXECUTIVE DIRECTOR OF CURR Highest-paid employee | 40 | $107,089 | $28,373 |
| FRED BRUMFIELD | BOARD MEMBER Trustee or director | 0.1 | $3,300 | $0 |
| ANTHONY MALORNI | BOARD MEMBER Trustee or director | 0.1 | $3,300 | $0 |
| JAMES SLOGAR | BOARD MEMBER Trustee or director | 0.1 | $3,300 | $0 |
| AMY MARTIN | BOARD MEMBER Trustee or director | 0.1 | $3,000 | $0 |
| MICHAEL RASICCI | BOARD MEMBER Trustee or director | 0.1 | $3,000 | $0 |
| ALBERT CHARPENTIER | BOARD MEMBER Trustee or director | 0.1 | $2,250 | $0 |
| DERRICK WYMAN | BOARD MEMBER Trustee or director | 0.1 | $2,050 | $0 |
| JAMES HUNTSMAN | BOARD MEMBER Trustee or director | 0.1 | $1,800 | $0 |
| DIANE LONGSTRETH | BOARD MEMBER Trustee or director | 0.1 | $1,625 | $0 |
| ROBERT DOLLINGER | BOARD MEMBER Trustee or director | 0.1 | $300 | $0 |
| RICHARD HALL | BOARD MEMBER Trustee or director | 0.1 | $300 | $0 |
| BEVERLY NISSEL | BOARD MEMBER Trustee or director | 0.1 | $300 | $0 |
| MARK WOESSNER | BOARD MEMBER Trustee or director | 0.1 | $300 | $0 |
| DEBRA SKUL | CHIEF OF ACADEMICS Officer | 40 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2791 MOGADORE RD, AKRON, OH 44312-1504
- Principal officer (990 for 2024)
- JOHN GUYER, 2791 MOGADORE ROAD, AKRON, OH 44312
- Signed the 990
- RICK ROKICH, CFO
- Phone
- (330) 670-8470
- Website
- HTTPS://SUMMITACADEMIES.ORG/
- Return prepared by
- REA & ASSOCIATES INC
Mission
IT IS THE MISSION OF SUMMIT ACADEMY MANAGEMENT TO DESIGN, DEVELOP, AND DELIVER EDUCTIONAL OPPORTUNITIES IN A THERAPUTIC ENVIRONMENT SO EVERYONE CAN LEARN.
Program accomplishments
- SUMMIT ACADEMY MANAGEMENT PROVIDED SUPPORT FOR TWENTY-FOUR CHARTER SCHOOLS DURING THEIR 2025 FISCAL YEAR PURSUANT TO A MANAGEMENT CONTRACT. THIS INCLUDED HUMAN RESOURCES, PAYROLL, AND OTHER OFFICE SERVICES. SUMMIT ACADEMY MANAGEMENT WAS ALSO RESPONSIBLE FOR PURCHASING THE EXPENSES RELATED TO THE OPERATION OF THE CHARTER SCHOOLS WHICH INCLUDED, BUT WAS NOT LIMITED TO THE FOLLOWING: ASSETS, BUILDINGS, OCCUPANCY NEEDS, AND SUPPLIES. THE ORGANIZATION ALSO PROVIDED STAFF FOR, AND KEEPS DEVELOPING A CURRICULUM DESIGNED FOR, THE CHARTER SCHOOLS' STUDENT POPULATION.Expenses $41,725,446 · revenue $42,063,661
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 34-1938197
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2002
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $29,068,066
- Income (IRS master file)
- $42,472,333
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $42,472,333 | $47,534,729 | $29,068,066 | IRS |
| 990 | June 2024 | $46,832,066 | $49,759,039 | $28,761,599 | IRS |
| 990 | June 2023 | $49,003,616 | $51,799,952 | $31,441,474 | IRS |
| 990 | June 2022 | $53,763,155 | $48,627,975 | $30,352,271 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 34-1938197).
Questions about SUMMIT ACADEMY MANAGEMENT
- What is the EIN of SUMMIT ACADEMY MANAGEMENT?
- The employer identification number (EIN) of SUMMIT ACADEMY MANAGEMENT is 34-1938197.
- Is SUMMIT ACADEMY MANAGEMENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to SUMMIT ACADEMY MANAGEMENT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does SUMMIT ACADEMY MANAGEMENT file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SUMMIT ACADEMY MANAGEMENT due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SUMMIT ACADEMY MANAGEMENT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SUMMIT ACADEMY MANAGEMENT?
- The 990 for the year ended June 30, 2025 names JOHN GUYER.
- Who are the officers and directors of SUMMIT ACADEMY MANAGEMENT?
- The 990 for the year ended June 30, 2025 lists 18 people; 17 received compensation from the organization, the highest $225,000 (JOHN GUYER, CEO).
- How much revenue does SUMMIT ACADEMY MANAGEMENT have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $42,472,333, expenses of $47,534,729 and total assets of $29,068,066 at year end.
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