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Filing year 2023

Summit Academy Incorporated

Draper, Utah·EIN 04-3778013·NTEE B29 · Education·501(c)(3)
Total revenue
$31.6M
Total assets
$80.5M
Total expenses
$32.5M
Reported officers
11
Mission

To manage and operate a Utah public charter school funded by local, state and federal sources.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

CFO
Median to 75th percentile
$139k
$152k
Information Technology
Unclassified
$123k
$134k
School Principal
Unclassified
$105k
$115k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Summit Academy Incorporated equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.4%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 19%
from 2022

From $117k in 2022 to $139k in 2023.

$117k
2022
$139k
2023
In today's dollarsEst.
Up 14% in real terms$134k to $152k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Summit Academy Incorporated

What does the Chief Financial Officer of Summit Academy Incorporated earn?

In 2023, the Chief Financial Officer of Summit Academy Incorporated received $139,100 in total compensation. This pay is above the median (the midpoint) for Chief Financial Officer roles among Education organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at Summit Academy Incorporated compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Chief Financial Officer at Summit Academy Incorporated falls between the median and the 75th percentile. In 2023, the highest total compensation at Summit Academy Incorporated equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.

What are Summit Academy Incorporated's revenue and expenses?

In 2023, Summit Academy Incorporated reported $31.6M in total revenue and $32.5M in total expenses on its IRS Form 990.

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