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SUMMIT PUBLIC SCHOOLS (SPS) IS A NONPROFIT, CALIFORNIA PUBLIC BENEFIT CORPORATION, DESIGNED TO TRAIN, CONSULT AND ADVISE PUBLIC SCHOOL TEACHERS AND ADMINISTRATORS; TO SUPPORT, MANAGE, OPERATE, GUIDE, DIRECT AND PROMOTE PUBLIC CHARTER SCHOOLS (THE SCHOOLS); AND FOR OTHER CHARITABLE EDUCATIONAL PURPOSES AS MAY OCCUR FROM TIME TO TIME. SPS IS ECONOMICALLY DEPENDENT ON STATE AND FEDERAL FUNDING. THE CHARTERS MAY BE REVOKED BY THEIR AUTHORIZERS FOR MATERIAL VIOLATIONS OF THE CHARTER, FAILURE TO MEET PUPIL OUTCOMES IDENTIFIED IN THE CHARTER, FAILURE TO MEET GENERALLY ACCEPTED STANDARDS OF FISCAL MANAGEMENT, OR VIOLATION OF ANY PROVISION OF THE LAW.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$58.2M
Program Spending
90%
of total expenses go to program services
Total Contributions
$53.4M
Total Expenses
▼$52.8M
Total Assets
$68.5M
Total Liabilities
▼$27M
Net Assets
$41.5M
Officer Compensation
→$607.9K
Other Salaries
$24.6M
Investment Income
$1.6M
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
10
Clean Audits
10
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $2.8M | Yes | 2026-02-17 |
| 2024 | Clean | Unmodified (Clean) | $3.1M | Yes | 2025-01-08 |
| 2023 | Clean | Unmodified (Clean) | $7.2M | Yes | 2024-01-22 |
| 2022 | Clean | Unmodified (Clean) | $8.2M | Yes | 2023-01-16 |
| 2021 | Clean | Unmodified (Clean) | $5.8M | Yes | 2022-01-09 |
| 2020 | Clean | Unmodified (Clean) | $2.7M | Yes | 2020-12-17 |
| 2019 | Clean | Unmodified (Clean) | $3.1M | Yes | 2020-01-12 |
| 2018 | Clean | Unmodified (Clean) | $1.9M | Yes | 2019-01-15 |
| 2017 | Clean | Unmodified (Clean) | $1.4M | Yes | 2018-01-14 |
| 2016 | Clean | Unmodified (Clean) | $1.6M | Yes | 2017-01-30 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$7.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$8.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.6M
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $58.2M | $53.4M | $52.8M | $68.5M | $41.5M |
| 2022 | $62.4M | $60.2M | $61.9M | $43.4M | $32.8M |
| 2021 | $55.5M | $53M | $56.7M | $48.5M | $32M |
| 2020 | $61.1M | $56.9M | $60.9M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Cady Ching | Chief Executive Officer | 40 | $193.8K | $0 | $53.5K | $247.2K |
| Edward Lee | Chief Financial Officer | 40 | $218.8K | $0 | $25K | $243.8K |
| Diego Arambula | Chairman | 1 | $0 | $0 | $0 | $0 |
Cady Ching
Chief Executive Officer
$247.2K
Hrs/Wk
40
Compensation
$193.8K
Related Orgs
$0
Other
$53.5K
Edward Lee
Chief Financial Officer
$243.8K
Hrs/Wk
40
Compensation
$218.8K
Related Orgs
$0
Other
$25K
Diego Arambula
Chairman
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Caitlyn Herman | Chief Academic Officer | 40 | $202.6K | $0 | $63.5K | $266.1K |
| Felix Li | Chief Operations Officer | 40 | $186.9K | $0 | $46.6K | $233.5K |
| Gregory Ponikvar | Executive Director, Marshall Street | 40 | $172.8K | $0 | $53.8K | $226.5K |
| Johnathan Stewart | Ed, Summit Tahoma | 40 | $185.5K | $0 | $40K | $225.4K |
| Brett Van Zuiden | Chief Info Officer | 40 | $178.8K | $0 | $25K | $203.8K |
Caitlyn Herman
Chief Academic Officer
$266.1K
Hrs/Wk
40
Compensation
$202.6K
Related Orgs
$0
Other
$63.5K
Felix Li
Chief Operations Officer
$233.5K
Hrs/Wk
40
Compensation
$186.9K
Related Orgs
$0
Other
$46.6K
Gregory Ponikvar
Executive Director, Marshall Street
$226.5K
Hrs/Wk
40
Compensation
$172.8K
Related Orgs
$0
Other
$53.8K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Andrew Thompson | Board Member | 1 | $0 | $0 | $0 | $0 |
| Elizabeth Choi | Board Member | 1 | $0 | $0 | $0 | $0 |
| Jimmy Zuniga | Board Member | 1 | $0 | $0 | $0 | $0 |
| Michele Hansen | Board Member | 1 | $0 | $0 | $0 | $0 |
| Rober Oster | Board Member | 1 | $0 | $0 | $0 | $0 |
| Steven Humphreys | Board Member |
Andrew Thompson
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Elizabeth Choi
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jimmy Zuniga
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $54.3M |
| $37.3M |
| 2019 | $77M | $72.8M | $73.3M | $44.8M | $37.6M |
| 2018 | $83.2M | $80.1M | $66.5M | $43.2M | $34.7M |
| 2017 | $59.1M | $57.6M | $51.3M | $33.5M | $20.3M |
| 2016 | $37.4M | $36.2M | $34.6M | $13.8M | $12.5M |
| 2015 | $28.9M | $28.1M | $24.4M | $12.1M | $9.9M |
| 2014 | $19.9M | $19.2M | $18.6M | $6.9M | $5.4M |
| 2013 | $11.8M | $11.1M | $9.8M | $5.4M | $4.1M |
| 2012 | $8.2M | $6.2M | $7.7M | $2M | $1.3M |
| 2011 | $3.4M | $2.8M | $3M | $1.6M | $822.2K |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
Johnathan Stewart
Ed, Summit Tahoma
$225.4K
Hrs/Wk
40
Compensation
$185.5K
Related Orgs
$0
Other
$40K
Brett Van Zuiden
Chief Info Officer
$203.8K
Hrs/Wk
40
Compensation
$178.8K
Related Orgs
$0
Other
$25K
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
Michele Hansen
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Rober Oster
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Steven Humphreys
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0