Federal ID# 410908458
Summit Academy OIC
-
- Twin Cities Opportunities Industrialization Center, Inc.
- Summit Academy Opportunities Industrialization Center
General Information
| Organization Type | CHARITY |
| Contact Person | Marc Carrier |
| Address | 935 Olson Memorial Highway, Minneapolis, MN 55405 |
| Phone Number | (612) 278-5282 |
| Purpose or Description | To prepare the educ & economic disadvantage for employment through vocational skills training, literacy, basic ed, counseling & job placement. |
| Status | Active |
| Extension | None |
Financial Information
For Fiscal Year Ending 6/30/2023
INCOME
| Direct Public Support | $7,400,399 |
| Government Grants | + $3,834,492 |
| Other Revenue | + $4,586,318 |
| Total Revenue | $15,821,209 |
EXPENSES
| Amount Spent for Program or Charitable Purposes | $11,480,448 |
| Management/General Expense | + $2,242,682 |
| Fundraising Expense | + $941,329 |
| Total Expenses | $14,664,459 |
Excess/Deficit
| Total Revenue | $15,821,209 |
| Total Expenses | - $14,664,459 |
| Excess/Deficit | $1,156,750 |
End of Year Fund Bal/Net Worth
| Total Assets | $18,819,354 |
| Total Liabilities | - $2,328,312 |
| End of Year Fund Bal/Net Worth | $16,491,042 |
