Liabilities / Assets
42nd percentile
Higher debt load relative to assets than 42% of similar nonprofits.
EIN 22-2871770 • 501(c)3 • Summit, NJ
Profile
To maintain and enhance the high quality of a summit, new jersey public school education through community funding of innovative and essential educational grants, a close working relationship with the school district, and careful review, evaluation and financial oversight of supported initiatives.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
42nd percentile
Higher debt load relative to assets than 42% of similar nonprofits.
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
76th percentile
Higher net margin than 76% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
71st percentile
Faster revenue growth than 71% of similar nonprofits.
Assets
Up$7,268,741
Up $280,279 (+4.0%) from 2024
Liabilities
Down$554,450
Down $304,271 (-35%) from 2024
Net Assets
Up$6,714,291
Up $584,550 (+9.5%) from 2024
Revenue
Up$661,861
Up $112,499 (+20%) from 2024
Expenses
Down$506,499
Down $201,685 (-28%) from 2024
Net Income
Up$155,362
Up $314,184 (+198%) from 2024
Most recent year
2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
To maintain and enhance the high quality of a summit, new jersey public school education through community funding of innovative and essential educational grants, a close working relationship with the school district, and careful review, evaluation and financial oversight of supported initiatives.
To maintain & enhance a summit, nj public school education through community funding of grants.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $6,213,619 | $5,922,585 | ▼ $291,034 |
| Savings and Temporary Cash Investments | $683,599 | $1,300,775 | ▲ $617,176 |
| Pledges and Grants Receivable | $50,000 | $0 | ▼ $50,000 |
| Cash and Non-Interest-Bearing Accounts | $32,900 | $36,552 | ▲ $3,652 |
| Prepaid Expenses and Deferred Charges | $8,344 | $8,829 | ▲ $485 |
| Total Assets | $6,988,462 | $7,268,741 | ▲ $280,279 |
| Liabilities | |||
| Grants Payable | $846,971 | $544,700 | ▼ $302,271 |
| Accounts Payable and Accrued Expenses | $11,750 | $9,750 | ▼ $2,000 |
| Total Liabilities | $858,721 | $554,450 | ▼ $304,271 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $5,626,669 | $6,216,190 | ▲ $589,521 |
| Net Assets With Donor Restrictions | $503,072 | $498,101 | ▼ $4,971 |
| Total Net Assets Fund Balance | $6,129,741 | $6,714,291 | ▲ $584,550 |
| Total Liabilities and Net Assets / Fund Balance | $6,988,462 | $7,268,741 | ▲ $280,279 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Securities | $5,922,585 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2024 | $6,125,161 | $-49,000 | ▲ $743,742 | - | $6,695,065 |
| 2023 | $5,548,114 | $-50,000 | ▲ $849,510 | - | $6,125,161 |
| 2022 | $5,166,330 | $-50,000 | ▲ $599,777 | - | $5,548,114 |
| 2021 | $6,946,616 | $155,274 | ▼ $1,048,276 | - | $5,166,330 |
| 2020 | $5,391,271 | - | ▲ $1,692,656 | - | $6,946,616 |
| Name | Title |
|---|---|
| Heather Thomas | Co-president |
| Melissa Madden | Co-president |
| Chelle Donnelly | Trustee |
| Jodi Englert | Trustee |
| John Mell | Trustee |
| Judy Shue | Trustee |
| Kelly Stanton | Trustee |
| Laura Lameo | Trustee |
| Laura Madden | Trustee |
| Lauren Post | Trustee |
| Lesley Arlein | Trustee |
| Lori Tulloch | Trustee |
| Matthew Carder | Trustee |
| Nicole Abbott | Trustee |
| Nicole Tartaglia | Trustee |
| Paul Lameo | Trustee |
| Samantha White | Trustee |
| Susan Daniel | Trustee |
| Teal Rodriguez | Trustee |
| Theresa Martin | Trustee |
| Time Erday | Trustee |
| Amanda Darnowski | Secretary |
| Rachel Callahan | Treasurer |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $437,503 |
| Other Expenses | $68,996 |
| Total Fundraising Expense | $34,012 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $437,503 | - | - | $437,503 |
| Fees for Services Accounting | - | $21,225 | - | $21,225 |
| Fees for Services Other | - | - | $14,531 | $14,531 |
| Other Expenses | $0 | $0 | $1,896 | $1,896 |
| Insurance | - | $1,688 | - | $1,688 |
| Office Expenses | - | $1,391 | - | $1,391 |
| All Other Expenses | - | $213 | - | $213 |
| Total Functional Expenses | $437,503 | $34,984 | $34,012 | $506,499 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $536,429 |
| Expenses per Audited Statements | $506,499 |
| Total Expenses per Form 990 | $506,499 |
| Expenses Not Reported on Form 990 | $29,930 |
| Expenses Not Reported on Financial Statements | $0 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Summit Board of Education | Summit, NJ | - | Education | $437,503 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $144,802 |
| Fundraising Direct Expenses | $29,930 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Spring for Excellence | $139,473 | $139,473 | $26,198 | $113,275 |
| PARTNER'S NIGHT | $5,329 | $5,329 | $3,732 | $1,597 |
| Total Events | $144,802 | $144,802 | $29,930 | $114,872 |
“An electronic version of form 990 is made available to trustees for a 7-day comment period. Absent comments, the 990 is filed.”
“Each new trustee or officer is given a copy of the conflict of interest policy. Further each trustee is bound to make full disclosure of interests, relationships, and holdings that could potentially result in a conflict of interest on a continual basis.”
“UPON REQUEST”
“SAME AS LAST YEAR.”
“To fund strategic long-term initiatives critical to the health of the summit, new jersey public school district and to its ability, to provide an excellent educational experience for its students.”
“Sef's accounting policy is to disclose contingencies relating to uncertain tax positions when a liability is probable and estimable. Sef is not aware of any violation of tax status or exposure to uncertain tax positions that could requre disclosure or which could affect its liquidity or future cash flows.”
“Expenses netted under gaming activities 29,930.”
“Expenses netted under gaming activities 29,930.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 11750 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 9750 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO MAINTAIN & ENHANCE A SUMMIT, NJ PUBLIC SCHOOL EDUCATION THROUGH COMMUNITY FUNDING OF GRANTS. |
| IRS990/AllOtherContributionsAmt | 0 | 232435 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 213 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 213 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | KATIE WILLIAMS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9084008756 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 26 LINDEN PLACE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | SUMMIT |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 07901 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 32900 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 36552 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 232435 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 437503 |
| IRS990/CYInvestmentIncomeAmt | 0 | 314554 |
| IRS990/CYOtherExpensesAmt | 0 | 68996 |
| IRS990/CYOtherRevenueAmt | 0 | 114872 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 155362 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 506499 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 34012 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 661861 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | 0 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | THE ANNUAL FUND OF THE SUMMIT EDUCATION FOUNDATION ENCOURAGES AND FUNDS TEACHER AND DISTRICT-INITIATED PROGRAMS THAT ADVANCE THE CURRICULUM AND DISTRICT OBJECTIVES. DURING THE 2024-25 FISCAL YEAR, 47 GRANTS TOTALING $238,239 WERE AWARDED FROM THE ANNUAL FUND. THE LARGEST GRANT AWARDS FUNDED THE FOLLOWING INITIATIVES:EXPANSION OF PANORAMA: A VIEW OF THE WHOLE CHILD - $41,704EXTENDING FORMATIVE LICENSE TO ENHANCE INSTRUCTION, ASSESSMENT, AND DATA-DRIVEN PRACTICE - $17,534TEACHING WITH DIGNITY - $16,760ADJUSTABLE DESKS AND SEATING FOR STUDENT PRODUCTIVITY AND WELL-BEING - $12,958MUSIC THERAPY - $11,200 |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DistributionToDonorInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 503072 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 498101 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 1 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 238239 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 21225 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 21225 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 14531 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 14531 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 19 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 20 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 17 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 18 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 19 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 20 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 21 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 22 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
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| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | SUSAN DANIEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | CHELLE DONNELLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | JODI ENGLERT |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | JOHN MELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | LAUREN POST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | TEAL RODRIGUEZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | THERESA MARTIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | JUDY SHUE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | KELLY STANTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | NICOLE TARTAGLIA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 21 | LORI TULLOCH |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CO-PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CO-PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | TRUSTEE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1986 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 1 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 29930 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 144802 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 146334 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 23 |
| IRS990/GrantAmt | 0 | 238239 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 846971 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 544700 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 437503 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 437503 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 890873 |
| IRS990/GrossReceiptsAmt | 0 | 1436330 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 23 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 1688 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 1688 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 168220 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 168220 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 6213619 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 5922585 |
| IRS990/IRPDocumentCnt | 0 | 7 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | NJ |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 744539 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO MAINTAIN AND ENHANCE THE HIGH QUALITY OF A SUMMIT, NEW JERSEY PUBLIC SCHOOL EDUCATION THROUGH COMMUNITY FUNDING OF INNOVATIVE AND ESSENTIAL EDUCATIONAL GRANTS, A CLOSE WORKING RELATIONSHIP WITH THE SCHOOL DISTRICT, AND CAREFUL REVIEW, EVALUATION AND FINANCIAL OVERSIGHT OF SUPPORTED INITIATIVES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 6129741 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 6714291 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | 146334 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 146334 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | 114872 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 114872 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 429188 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 5626669 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 6216190 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 1391 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1391 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | COMPUTER TECHNOLOGY |
| IRS990/OtherExpensesGrp/Desc | 1 | STATIONERY & PRINTING |
| IRS990/OtherExpensesGrp/Desc | 2 | BANK FEES |
| IRS990/OtherExpensesGrp/Desc | 3 | POSTAGE |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 7453 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 7959 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 2173 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 3 | 1896 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 9866 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 601 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 0 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 17319 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 7959 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 2774 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1896 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 50000 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 8344 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 8829 |
| IRS990/PrincipalOfficerNm | 0 | RACHEL CALLAHAN |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE ENDOWMENT FUND OF THE SUMMIT EDUCATIONAL FOUNDATION PROVIDES FUNDING FOR STRATEGIC LONG-TERM INITIATIVES CRITICAL TO THE HEALTH OF THE DISTRICT AND ITS ABILITY TO PROVIDE AN EXCELLENT EDUCATIONAL EXPERIENCE FOR ITS STUDENTS. THE ENDOWMENT FUND WAS CREATED AS A WAY TO ENSURE FUTURE FUNDING TO DEVELOP NEW CURRICULUM INITIATIVES AND PROVIDE PROFESSIONAL DEVELOPMENT TO MEET THE NEEDS OF 21ST CENTURY LEARNERS. DURING THE FISCAL YEAR ENDED JUNE 30, 2025, GRANT AWARDED TOTALED $183,335. THE LARGEST GRANT AWARDS FUNDED THE FOLLOWING INITIATIVES:MIDDLE SCHOOL STEAM ENHANCEMENT - $42,840YOUNG TECHNICIANS: ENHANCING STEAM & THEATRE TECHNOLOGY RESOURCES TO SUPPORT ELEMENTARY THEATRE - $21,657AT RISK MENTORING PROGRAM GRADES/AREAS: GRADES 6-8 SCHOOLS: LCJSMS - $15,000 |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 183335 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 183335 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | THE SUMMIT EDUCATIONAL FOUNDATION FUNDED SPECIFIC GRANTS WITH CONTRIBUTIONS RECEIVED SUBJECT TO DONOR-IMPOSED RESTRICTIONS. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 15929 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 15929 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 293472 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 637159 |
| IRS990/PYInvestmentIncomeAmt | 0 | 136255 |
| IRS990/PYOtherExpensesAmt | 0 | 71025 |
| IRS990/PYOtherRevenueAmt | 0 | 119635 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -158822 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 708184 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 549362 |
| IRS990/QuidProQuoContributionsInd | 0 | 1 |
| IRS990/QuidProQuoContriDisclInd | 0 | 1 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 155362 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 683599 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1300775 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 186266 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 273248 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 193715 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 380009 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 245757 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1278995 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 168220 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 149799 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 139335 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 126900 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 110965 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 695219 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 791539 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 46169 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 20224 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 107309 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 116597 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 121228 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 411527 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.53610 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.55470 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1278995 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 186266 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 273248 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 193715 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 380009 |
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