Summit Hyperbarics and Wellness Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE ORGANIZATION'S MISSION IS TO PROVIDE REHABILITATION SERVICES TO INJURED MILITARY PERSONNEL (ACTIVE, GUARD, AND RESERVE), MILITARY VETERANS, FIRST RESPONDERS, AND DISABLED PERSONS.
- Income
- $3.8 million
- Spending
- $2.2 million
- Spent on programs
- 94%
- Reserves
- 0.4 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 17
- Volunteers
- 0
- Highest pay
- $408,081, chief executive officer
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 69 out of 100. Higher than 42% of charities in its peer group (health care, $1m to $10m).
Reserves
4 of 35Spendable reserves would cover 0.4 months of spending.
Debt
20 of 20It owes 10% of what it owns.
Living within its means
15 of 15Income exceeded spending by 43% of income.
Income trend
15 of 15Income rose 189% on the year before.
Spending floor
15 of 1594% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 73 out of 100. Higher than 21% of charities in its peer group (health care, $1m to $10m).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $1.2 million spent. GENERAL PROGRAMS - INFRATRUCTURE EXPENDITURES ENCOMPASS COST ASSOCIATED WITH ESTABLISHING OPERATIONAL SYSTEMS AND PROCESSES TO SUPPORT SERVICES ONCE THE FACILITY BECOMES OPERATIONAL. THESE INCLUDE ADMINISTRATIVE SETUP,TECHNOLOGY IMPLEMENTATION, PROCUREMENT OF SOFTWARE, MEDICAL RECORD SYSTEM, AND EQUIPMENT,STAFF HIRING AND OTHER ESSENTIAL COMPONENTS VITAL FOR EFFECTIVE DELIVERY OF HYPERBARIC AND WELLNESS SERVICES AS DEFINED IN OUR APPROVED APPLICATION FOR TAX-EXEMPT STATUS.
- $170,409 spent. REASEARCH - FUNDS ALLOCATED FOR THE DEVELOPMENT OF RESEARCH PROJECTS AIMED AT ADVANCING THE UNDERSTANDING AND EFFICACY OF HYPERBARIC THERAPY AND OTHER INTERVENSTIONS FOR TARGET POPULATIONS. THIS INCLUDES COLLABORATION WITH INSTITUTIONAL REVIEW BOARDS (IRBS), CONSULTANTS, AND THE FOOD AND DRUG ADMINISTRATION (FDA) TO SECURE STUDY APPROVAL, ENSURING ADHERENCE TO RIGOROUS RESEARCH STANDARDS.
- $599,551 spent. HYPERBARIC - OVER THE PAST YEAR, THE HYPERBARIC THERAPY SERVICES PRIORITIZED ACTIVITIES SUCH AS FOSTERING PARTNERSHIPS WITH MANUFACTURERS, FACILITATING COMMUNICATION AMONG STAKEHOLDERS INVOLVED IN CONSTRUCTION, INITIATION STAFF TRAINING PROGRAMS, AND FORMULATING POLICIES AND PROCEDURES. THE PRIMARY FOCUS WAS ON DEVELOPING THE REQUISITE INFRASTRUCTURE AND STAFFING TO FULFIL BUILDING AND REGULATORY STANDARDS, THUS ENSURING PREPAREDNESS FOR OPERATIONAL DEPLOYMENT.
- $83,623 spent. OTHER PROGRAM COUNSELING.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Worth knowing.
The IRS does not require this organization to file annual returns.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Worth knowing.
Recognized by the IRS in October 2025. It is too new to have a track record.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.