EIN 27-2978700

Summit54

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Aspen
Year formed
2010
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Summit54 improves Colorado's economy and society by investing in education. It collaborates with Summer Advantage USA to prevent summer learning loss.
Total revenues
$1,060,177
2023
Total expenses
$922,379
2023
Total assets
$1,556,830
2023
Num. employees
0
2023

Program areas at Summit54

Summer advantage usa: Summit54 continued its partnership with summer advantage usa to combat summer learning loss. Through a 5-week summer program including rigorous academic instruction, physical fitness, enrichment programs, and extra-curricular activities, students gain an average of 2.5 months in both math and reading skills. This unique, free program - based on extensive national research - allows students to raise their achievement, become healthier and more physically fit, improve their self-esteem, and return to school better prepared to succeed academically, with stronger minds and bodies. Summit54's summer advantage program serves 550 students annually.
In 2020, the organization created a new outdoor tutoring model enabling small groups of elementary students to enhance their academic learning during school closures due to the covid-19 pandemic. Today, in partnership with roaring fork school district, Summit54 provides free in-class tutoring throughout the school year to hundreds of students annually. Students are selected based on need and monitored for academic growth through existing measures.

Grants made by Summit54

GranteeGrant descriptionAmount
Entrepreneurial Ventures in EducationProgram Support$704,025

Who funds Summit54

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$65,300
Aspen Community Foundation (ACF)The Purpose of This Grant Is General Support.$50,000
Aspen Community Foundation (ACF)Summer Advantage RFV Programs$21,000
...and 5 more grants received

Personnel at Summit54

NameTitleCompensation
Terri CaineChair$0
Fred LodgeVice President$0
Ron OlsenSecretary$0
Richard VosslerTreasurer$0
Anthony CaineChair$0

Financials for Summit54

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,042,826
Program services$0
Investment income and dividends$17,351
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,060,177

Form 990s for Summit54

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-04990View PDF
2022-122023-04-25990View PDF
2021-122022-06-23990View PDF
2020-122021-05-24990View PDF
2019-122020-11-07990View PDF
...and 9 more Form 990s
Data update history
May 20, 2024
Updated personnel
Identified 1 new personnel
November 26, 2023
Received grants
Identified 4 new grant, including a grant for $20,000 from Aspen Community Foundation (ACF)
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Social advocacy organizationsSchoolsK-12 schoolsCharities
Issues
Education
Characteristics
Provides grantsState / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
625 E Main St Suite 102b-115
Aspen, CO 81611
County
Pitkin County, CO
Website URL
summit54.org/ 
Phone
(720) 320-0198
IRS details
EIN
27-2978700
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2010
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B25: High School
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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