Civic Intelligence

Summit Education Association Inc

990EZ • Fiscal year 2021 • EIN 20-1853192

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 16, 2022

Organization ProfileN/A
8210 W Market StGreensboro, NC 27409

(336) 662-6250

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

22nd percentile

-31%

Higher net margin than 22% of similar nonprofits.

2021 filings • NTEE B82 • <$500k nonprofits • Source year 2021

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • NTEE B82 • <$500k nonprofits • Source year 2021

Asset Growth

38th percentile

-0.4%

Faster asset growth than 38% of similar nonprofits.

2021 filings • NTEE B82 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

57th percentile

23%

Faster revenue growth than 57% of similar nonprofits.

2021 filings • NTEE B82 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$404,134

Down $1,600 (-0.4%) from 2020

Net Assets

Down

$404,134

Down $1,600 (-0.4%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin22nd percentile

Revenue

Up

$5,090

Up $957 (+23%) from 2020

Expenses

Down

$6,690

Down $35,390 (-84%) from 2020

Net Income

Up

-$1,600

Up $36,347 (+96%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2018: $155,116Liabilities 2018: $0Net Assets 2018: $155,1162018Assets 2019: $443,681Liabilities 2019: $0Net Assets 2019: $443,6812019Assets 2020: $405,734Liabilities 2020: $0Net Assets 2020: $405,7342020Assets 2021: $404,134Net Assets 2021: $404,1342021Assets 2022: $386,186Liabilities 2022: $02022

Highlighted filing

2021

Assets$404,134
Liabilities-
Net Assets$404,134
Open 2021 Filing

Operations Trend

Revenue Growth57th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2018: $312,250Expenses 2018: $157,134Net Income 2018: $155,1162018Revenue 2019: $789,345Expenses 2019: $500,780Net Income 2019: $288,5652019Revenue 2020: $4,133Expenses 2020: $42,080Net Income 2020: -$37,9472020Revenue 2021: $5,090Expenses 2021: $6,690Net Income 2021: -$1,6002021Revenue 2022: $6,222Expenses 2022: $24,170Net Income 2022: -$17,9482022

Highlighted filing

2021

Revenue$5,090
Expenses$6,690
Net Income-$1,600
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 16, 2022
Return Version
2021v4.0
Gross Receipts
$5,090
Mission and Program Overview

Mission

To solicit members and tax deductible contributions to support the efforts of summit credit union in providing education scholarships and educational seminars.

Program Services

DescriptionGrantsExpenses
TO SOLICIT MEMBERS AND TAX DEDUCTIBLE CONTRIBUTIONS TO SUPPORT THE EFFORTS OF SUMMIT CREDIT UNION IN PROVIDING EDUCATION SCHOLARSHIPS AND EDUCATIONAL SEMINARS.-$5,740
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JACK THORNTONChairman-$0--
DAN GREENEVice-Chairma-$0--
PAUL FRANCISTreasurer-$0--
SHARISSE FULLERSecretary-$0--
RICK MILLERMember-$0--
Filing and Contact Details

Filer

Filer Name
Summit Education Association Inc
EIN
20-1853192
Phone
3366626250
Address
8210 W MARKET ST, GREENSBORO, NC 27409

Signing Officer

Name
Jack Thornton
Title
Chairman
Phone
3366626250
Signed
2022-06-16
Discuss with paid preparer
Yes

Preparer

Firm
Butler Burke Llp
Address
100 CLUB OAKS COURT SUITE A, WINSTONSALEM, NC 27104
Preparer
Jane R Potter
Phone
3367682310
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising and promotion 740 licensing fees 5,000 total 5,740”

Form 990-ez, Part III

“To solicit members and tax deductible contributions to support the efforts of summit credit union in providing education scholarships and educational seminars.”

Raw XML Appendix128 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MISSY PRESTON
IRS990EZ/BooksInCareOfDetail/PhoneNum03366626200
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt08210 W MARKET STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GREENSBORO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027409
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0405734
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0404134
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt05090
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1600
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0950
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0405734
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0404134
IRS990EZ/GrossReceiptsAmt05090
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0405734
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0404134
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0405734
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0404134
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JACK THORNTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAN GREENE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAUL FRANCIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SHARISSE FULLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4RICK MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-CHAIRMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt05740
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO SOLICIT MEMBERS AND TAX DEDUCTIBLE CONTRIBUTIONS TO SUPPORT THE EFFORTS OF SUMMIT CREDIT UNION IN PROVIDING EDUCATION SCHOLARSHIPS AND EDUCATIONAL SEMINARS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO SOLICIT MEMBERS AND TAX DEDUCTIBLE CONTRIBUTIONS TO SUPPORT THE EFFORTS OF SUMMIT CREDIT UNION IN PROVIDING EDUCATION SCHOLARSHIPS AND EDUCATIONAL SEMINARS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05740
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt06690
IRS990EZ/TotalProgramServiceExpensesAmt05740
IRS990EZ/TotalRevenueAmt05090
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05090
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04133
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt08363
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05477
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03896
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt026959
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt026959
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05090
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04133
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt08363
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05477
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03896
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt026959
IRS990ScheduleA/TotalSupportAmt026959
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 740 LICENSING FEES 5,000 TOTAL 5,740
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO SOLICIT MEMBERS AND TAX DEDUCTIBLE CONTRIBUTIONS TO SUPPORT THE EFFORTS OF SUMMIT CREDIT UNION IN PROVIDING EDUCATION SCHOLARSHIPS AND EDUCATIONAL SEMINARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JACK THORNTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03366626250
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SUMMIT EDUCATION ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SUMM
ReturnHeader/Filer/EIN0201853192
ReturnHeader/Filer/PhoneNum03366626250
ReturnHeader/Filer/USAddress/AddressLine1Txt08210 W MARKET ST
ReturnHeader/Filer/USAddress/CityNm0GREENSBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027409
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561138530
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BUTLER BURKE LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 CLUB OAKS COURT SUITE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WINSTONSALEM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027104
ReturnHeader/PreparerPersonGrp/PhoneNum03367682310
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JANE R POTTER
ReturnHeader/ReturnTs02022-07-18T11:42:06-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JACK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0THORNTON
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$404,134
Liabilities
-
Net assets
$404,134
Revenue
$5,090
Expenses
$6,690
Net income
-$1,600
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Summary only. Only limited summary data is available for this year.$3.86$0.00$0.06$0.24$0.18
2021Detailed filing. Detailed filing data is available for this year.$4.04$4.04$0.05$0.07$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.06$0.00$4.06$0.04$0.42$0.38
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.44$0.00$4.44$7.89$5.01$2.89
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.55$0.00$1.55$3.12$1.57$1.55