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Nonprofit · EIN 34-1843220

SUMMIT EDUCATION INITIATIVE

Tax-exempt · AKRON, OH 44325

Financials

$1.2M$1.7M2022$1.6M$1.6M2023$1.6M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of SUMMIT EDUCATION INITIATIVE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,642,526$1,739,568-$97,042$1,972,777$214,286$1,758,491
June 30, 2024990$1,582,772$1,601,901-$19,129$2,104,978$245,978$1,859,000
June 30, 2023990$1,186,745$1,691,020-$504,275$2,003,128$192,356$1,810,772
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,380,962
Program service revenue
$107,750
Investment income
$141,363
Net gain from sales of assets
$91,940
Other revenue
$12,451

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$348,678
Other salaries and wages
$394,587
Salaries, compensation and benefits (total)
$958,597
Professional fundraising fees
$0
Legal fees
$500
Accounting fees
$24,000
Occupancy
$2,094
Depreciation
$3,989
Program services (functional)
$1,280,843
Management and general (functional)
$309,240
Fundraising (functional)
$149,485

Balance sheet and other

Total assets, start of year
$2,104,978
Total assets, end of year
$1,972,777
Total liabilities, end of year
$214,286
Net assets, end of year
$1,758,491
Land, buildings and equipment
$5,274
Net assets without donor restrictions
$1,096,646
Net assets with donor restrictions
$661,845
Gross receipts
$2,098,914
Employees
10
Volunteers
250
Year formed
1996
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.

NameTitleHours / weekCompensationOther / benefits
DAVID W JAMESEXECUTIVE DIRECTOR
Officer
40$174,800$10,600
KAYE ROWESENIOR DIRECTOR OF FINANCE
Officer
40$90,000$2,700
ANDREW DUFFBOARD MEMBER
Trustee or director
1$0$0
ANGELA MOSESBOARD MEMBER
Trustee or director
1$0$0
BRADLEY VIRGINTREASURER
Trustee or director
11$0$0
EVAN SCOCOSCHAIR
Trustee or director
1$0$0
HEATHER WUENSCHBOARD MEMBER
Trustee or director
1$0$0
ILENE SHAPIROBOARD MEMBER
Trustee or director
1$0$0
JARED PENNINGTON PHD PA-CBOARD MEMBER
Trustee or director
1$0$0
JASON ONDRUSBOARD MEMBER
Trustee or director
1$0$0
JASON WINKLERBOARD MEMBER
Trustee or director
1$0$0
JENNIFER DALE FOXSECRETARY
Trustee or director
1$0$0
JOSEPH IACANOBOARD MEMBER
Trustee or director
1$0$0
KIMESHA FLONNOYBOARD MEMBER
Trustee or director
1$0$0
LADA GIBSON-SHREVE PHDBOARD MEMBER
Trustee or director
1$0$0
8 more people on this return
NameTitleHours / weekCompensation
MICHAEL TEFS EDDBOARD MEMBER
Trustee or director
1$0
PAM HICKSON-STEVENSONBOARD MEMBER
Trustee or director
1$0
SAMUEL PIERRE-LOUISBOARD MEMBER
Trustee or director
1$0
SHANA M LEE MEDBOARD MEMBER
Trustee or director
1$0
STEVEN DIMENGOBOARD MEMBER
Trustee or director
1$0
STEVE MILLARDBOARD MEMBER
Trustee or director
1$0
MICHAEL ROBINSONBOARD MEMBER (UNTIL 4/28/2025)
Trustee or director
1$0
JOHN WIENCEK PHDVICE CHAIR (UNTIL 4/30/2025)
Trustee or director
1$0
990 for the year ended June 30, 2024: 25 people
NameTitleHours / weekCompensationOther / benefits
DAVID W JAMESEXECUTIVE DIRECTOR
Officer
40$180,000$54,087
KAYE ROWESENIOR DIRECTOR OF FINANCE
Officer
40$84,000$6,000
ANDREW DUFFCHAIR
Trustee or director
1$0$0
ANGELA MOSESBOARD MEMBER
Trustee or director
1$0$0
BRADLEY VIRGINBOARD MEMBER
Trustee or director
11$0$0
EVAN SCOCOSTREASURER
Trustee or director
1$0$0
ILENE SHAPIROBOARD MEMBER
Trustee or director
1$0$0
JARED PENNINGTON PHD PA-CBOARD MEMBER
Trustee or director
1$0$0
JASON WINKLERBOARD MEMBER
Trustee or director
1$0$0
JENNIFER DALE FOXBOARD MEMBER
Trustee or director
1$0$0
JOHN DEARBORNBOARD MEMBER
Trustee or director
1$0$0
JOHN WIENCEK PHDSECRETARY
Trustee or director
1$0$0
JOSEPH IACANOBOARD MEMBER
Trustee or director
1$0$0
KIMESHA FLONNOYBOARD MEMBER
Trustee or director
1$0$0
LADA GIBSON-SHREVE PHDVICE-CHAIR
Trustee or director
1$0$0
MARK WULKAN MDBOARD MEMBER
Trustee or director
1$0$0
MICHAEL TEFS EDDBOARD MEMBER
Trustee or director
1$0$0
PAM HICKSON-STEVENSONBOARD MEMBER
Trustee or director
1$0$0
SAMUEL PIERRE-LOUISBOARD MEMBER
Trustee or director
1$0$0
SHANA LEEBOARD MEMBER
Trustee or director
1$0$0
STEVE MILLARDBOARD MEMBER
Trustee or director
1$0$0
STEVEN DIMENGOBOARD MEMBER
Trustee or director
1$0$0
TIA RAMLOWBOARD MEMBER
Trustee or director
1$0$0
VINCENT JEFFRIES EDDBOARD MEMBER
Trustee or director
1$0$0
WM GLENN LEPPOBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 24 people
NameTitleHours / weekCompensationOther / benefits
DAVID W JAMESEXECUTIVE DIRECTOR
Officer
40$85,846$23,547
KAYE ROWETOP FINANCIAL OFFICER
Officer
40$84,000$6,000
JOHN WILLIAMSINTERIM EXECUTIVE DIRECTOR
Officer
40$10,304$1,429
WM GLENN LEPPOCHAIR
Trustee or director
1$0$0
EVAN SCOCOSTREASURER
Trustee or director
1$0$0
ANDREW DUFFSECRETARY
Trustee or director
1$0$0
TODD BERTSCHBOARD MEMBER
Trustee or director
1$0$0
JOSEPH CLARK PHDBOARD MEMBER
Trustee or director
1$0$0
BELINDA COXBOARD MEMBER
Trustee or director
1$0$0
DAVID CUSTODIO MDBOARD MEMBER
Trustee or director
1$0$0
JOHN DEARBORNBOARD MEMBER
Trustee or director
1$0$0
RAMONA HOODBOARD MEMBER
Trustee or director
1$0$0
DAVID JAMESBOARD MEMBER
Trustee or director
1$0$0
SHANA LEEBOARD MEMBER
Trustee or director
1$0$0
STEVE MILLARDBOARD MEMBER
Trustee or director
1$0$0
SAMUEL PIERRE-LOUISBOARD MEMBER
Trustee or director
1$0$0
TIA RAMLOWBOARD MEMBER
Trustee or director
1$0$0
ILENE SHAPIROBOARD MEMBER
Trustee or director
1$0$0
LADA GIBSON-SHREVE PHDBOARD MEMBER
Trustee or director
1$0$0
CHRISTINE FOWLER-MACKBOARD MEMBER
Trustee or director
1$0$0
KIRSTIN S TOTHBOARD MEMBER
Trustee or director
1$0$0
JENNIFER DALE FOXBOARD MEMBER
Trustee or director
1$0$0
JOHN WIENCEK PHDBOARD MEMBER
Trustee or director
1$0$0
MARK WULKAN MDBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
185 E MILL ST, AKRON, OH 44325-0038
Principal officer (990 for 2024)
DAVID W JAMES EDD, 185 E MILL STREET, AKRON, OH 44325
Signed the 990
DAVID W JAMES, EXECUTIVE DIRECTOR
Phone
(330) 535-8833
Return prepared by
BOBER MARKEY FEDOROVICH & COMPANY

Mission

OUR VISION IS TO DRAMATICALLY IMPROVE INDIVIDUAL AND REGIONAL PROSPERITY THROUGH INCREASED EDUCATIONAL ATTAINMENT.

990 for the year ended June 30, 2025

Program accomplishments

  • ACADEMIC READINESS: THE FIRST PRIORITY IS ENSURING THESE YOUNG PEOPLE ARE READY TO TAKE THE ACT, FOR A SECOND TIME, IN THE FALL OF THEIR SENIOR YEAR. AN INTENSIVE TWO-WEEK SUMMER ACADEMY PROVIDES THEM WITH MATH AND READING SKILL DEVELOPMENT AND USEFUL TEST-TAKING STRATEGIES. A FOLLOW-UP EVENT, MATHPALOOZA, REVIEWS KEY MATH SKILLS TO ENSURE STUDENTS HAVE MASTERED THE CONTENT.ASPIRATION BUILDING: THE GAP IS MORE THAN ACADEMIC; IT IS ALSO SOCIAL AND CULTURAL. MENTORS HELP REMOVE BARRIERS AND SHEPHERD THESE YOUNG PEOPLE FROM THEIR JUNIOR YEAR OF HIGH SCHOOL THROUGH ENROLLMENT IN A POSTSECONDARY INSTITUTION.ESTIMATES OF STUDENTS IMPACTED:PRE-SCHOOL AND KINDERGARTEN READINESS (ALL STUDENTS WHO PARTICIPATED IN THE TRANSITION SKILLS SUMMARY IN PRESCHOOL, COMBINED WITH STUDENTS ENROLLED IN KINDERGARTEN): 6,538THIRD GRADE READING (STUDENTS ENROLLED IN GRADES 1 THROUGH 3): 14,0968TH GRADE MATH (STUDENTS ENROLLED IN GRADES 5 THROUGH 8, OUR TARGET GRADE LEVELS TO PREPARE FOR 8TH GRADE MATH): 19,352NINTH GRADE SUCCESS + COLLEGE AND CAREER READINESS (STUDENTS ENROLLED IN GRADES 9-12, THE POPULATION SERVED THROUGH THE READY HIGH SCHOOL NETWORK): 17,679COLLEGE MATRICULATION AND PERSISTENCE (COUNT OF STUDENTS FROM THE CLASSES OF 2023 AND 2024 WHOM WE FOLLOWED THROUGH THE NATIONAL STUDENT CLEARINGHOUSE IN ORDER TO MEASURE MATRICULATION AND PERSISTENCE): 8,892
    Expenses $1,280,843 · revenue $107,750

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
34-1843220
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$1,972,777
Income (IRS master file)
$2,098,914

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,642,526$1,739,568$1,972,777IRS
990June 2024$1,582,772$1,601,901$2,104,978IRS
990June 2023$1,186,745$1,691,020$2,003,128XML
990June 2022$1,681,930$2,031,352$2,470,947IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 34-1843220).

Questions about SUMMIT EDUCATION INITIATIVE

What is the EIN of SUMMIT EDUCATION INITIATIVE?
The employer identification number (EIN) of SUMMIT EDUCATION INITIATIVE is 34-1843220.
Is SUMMIT EDUCATION INITIATIVE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to SUMMIT EDUCATION INITIATIVE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SUMMIT EDUCATION INITIATIVE 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 EDUCATION INITIATIVE 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 EDUCATION INITIATIVE 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 EDUCATION INITIATIVE?
The 990 for the year ended June 30, 2025 names DAVID W JAMES EDD.
Who are the officers and directors of SUMMIT EDUCATION INITIATIVE?
The 990 for the year ended June 30, 2025 lists 23 people; 2 received compensation from the organization, the highest $174,800 (DAVID W JAMES, EXECUTIVE DIRECTOR).
How much revenue does SUMMIT EDUCATION INITIATIVE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,642,526, expenses of $1,739,568 and total assets of $1,972,777 at year end.

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