Education : Other Education Programs and Services

Summit Academy OIC

Training for life

Rating

Overall Rating    
      (51.02)
Organizational Efficiency      
Program Expenses 73.6%    
Administrative Expenses 18.4%    
Fundraising Expenses 7.8%    
Fundraising Efficiency $0.07    
Efficiency Rating    
      (34.79)
Organizational Capacity      
Primary Revenue Growth 10.0%    
Program Expenses Growth 1.2%    
Working Capital Ratio (years) 0.26    
Capacity Rating    
      (16.23)

Income Statement     (FYE 06/2008)

Revenue  
Primary Revenue $3,969,385
Other Revenue $199,942
Total Revenue $4,169,327
   
Expenses  
Program Expenses $2,841,052
Administrative Expenses $711,796
Fundraising Expenses $304,559
Total Functional Expenses $3,857,407
   
Payments to Affiliates $0
Excess (or Deficit) for the year $311,920
   
Net Assets $2,925,133

Charts

Expenses Breakdown

Expenses Legend

Revenue/Expenses Trend

Revenue-Expense Legend

Contact Information

Summit Academy OIC
935 Olson Memorial Highway
Minneapolis, MN 55405
tel: (612) 377-0150
fax: (612) 377-0156
EIN: 41-0908458

Contact Email
Visit Web Site

Leadership      (FYE 06/2008)

Name Title Compensation % of Expenses
Louis King II President (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) $175,678 4.55%

Donor Privacy Policy

YES, this charity has a written donor privacy policy.

Mission

Summit Academy OIC (SAOIC) is an educational and vocational training center that empowers adults and prepares youth residing in the most economically depressed neighborhoods in the Twin Cities to become educated, employed contributing members of their community. Located in the Heritage Park neighborhood of North Minneapolis, Summit Academy OIC is the only community-based vocational training and job placement program in North Minneapolis. We exist to assist individuals in developing their ability to earn and to become contributing citizens in their community. We support the development of self-sufficiency in every person, regardless of background, economic status, or level of ability.

Charities Performing Similar Types of Work

Charity Name Overall Score Overall Rating
Summit Academy OIC - MN 51.02
ORT America - NY 54.47
PUENTE Learning Center - CA 54.25
American Humanics - MO 63.02
Facing History and Ourselves - MA 54.59
Compare These Charities (Highly Rated)
Charity Name Overall Score Overall Rating
Summit Academy OIC - MN 51.02
American Humanics - MO 63.02
Organization for Tropical Studies - NC 61.65
ORT America - NY 54.47
Facing History and Ourselves - MA 54.59
PUENTE Learning Center - CA 54.25
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