Civic Intelligence

Summit Christian School

990 • Fiscal year 2018 • EIN 27-0196251

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 12, 2018

5010 Hazel AvenueFair Oaks, CA 95628

(916) 536-9307

Siviq Scores

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

Liabilities / Assets

89th percentile

0.68x

Higher debt load relative to assets than 89% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

72nd percentile

0.16x

Higher debt load relative to revenue than 72% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

27th percentile

-5.4%

Higher net margin than 27% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$410

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

81st percentile

25%

Faster asset growth than 81% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

36th percentile

-2.0%

Faster revenue growth than 36% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$183,630

Up $36,503 (+25%) from 2017

Net Assets

Down

$59,422

Down $42,552 (-42%) from 2017

Liabilities

Up

$124,208

Up $79,055 (+175%) from 2017

Revenue

Down

$792,834

Down $16,469 (-2.0%) from 2017

Expenses

Up

$835,386

Up $57,202 (+7.4%) from 2017

Net Income

Down

-$42,552

Down $73,671 (-237%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2012: $9,967Liabilities 2012: $50,000Net Assets 2012: -$40,0332012Assets 2013: $15,477Liabilities 2013: $58,338Net Assets 2013: -$42,8612013Assets 2015: $97,310Liabilities 2015: $48,615Net Assets 2015: $48,6952015Assets 2017: $147,127Liabilities 2017: $45,153Net Assets 2017: $101,9742017Assets 2018: $183,630Liabilities 2018: $124,208Net Assets 2018: $59,4222018Assets 2019: $256,484Liabilities 2019: $92,840Net Assets 2019: $163,6442019Assets 2020: $304,149Liabilities 2020: $243,036Net Assets 2020: $61,1132020Assets 2021: $554,878Liabilities 2021: $280,255Net Assets 2021: $274,6232021Assets 2022: $1,070,682Liabilities 2022: $90,310Net Assets 2022: $980,3722022Assets 2023: $1,052,884Liabilities 2023: $77,647Net Assets 2023: $975,2372023Assets 2024: $869,389Liabilities 2024: $107,478Net Assets 2024: $761,9112024Assets 2025: $754,520Liabilities 2025: $2,581Net Assets 2025: $751,9392025

Highlighted filing

2018

Assets$183,630
Liabilities$124,208
Net Assets$59,422

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $554,8052012Expenses 2013: $655,1132013Revenue 2015: $704,038Expenses 2015: $688,176Net Income 2015: $15,8622015Revenue 2017: $809,303Expenses 2017: $778,184Net Income 2017: $31,1192017Revenue 2018: $792,834Expenses 2018: $835,386Net Income 2018: -$42,5522018Revenue 2019: $988,147Expenses 2019: $883,925Net Income 2019: $104,2222019Revenue 2020: $917,369Expenses 2020: $1,019,900Net Income 2020: -$102,5312020Revenue 2021: $1,242,617Expenses 2021: $1,029,107Net Income 2021: $213,5102021Revenue 2022: $2,027,491Expenses 2022: $1,321,742Net Income 2022: $705,7492022Revenue 2023: $1,374,375Expenses 2023: $1,379,510Net Income 2023: -$5,1352023Revenue 2024: $1,157,923Expenses 2024: $1,371,249Net Income 2024: -$213,3262024Revenue 2025: $1,262,192Expenses 2025: $1,272,164Net Income 2025: -$9,9722025

Highlighted filing

2018

Revenue$792,834
Expenses$835,386
Net Income-$42,552
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 12, 2018
Return Version
2017v2.2
Gross Receipts
$802,765
Mission and Program Overview

Mission

The mission is to provide christian education for k-8.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$139,560$116,036▼ $23,524
Cash and Non-Interest-Bearing Accounts$3,572$54,378▲ $50,806
Accounts Receivable-$10,584-
Land, Buildings, and Equipment, Net$3,995$2,347▼ $1,648
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$147,127$183,630▲ $36,503
Other Assets Total-$285-
Liabilities
Mortgage Notes Payable Secured by Investment Property$39,000$75,000▲ $36,000
Other Liabilities$6,153$49,208▲ $43,055
Total Liabilities$45,153$124,208▲ $79,055
Net Assets / Fund Balance
Unrestricted Net Assets$101,974$59,422▼ $42,552
Total Net Assets Fund Balance$101,974$59,422▼ $42,552
Total Liabilities and Net Assets / Fund Balance$147,127$183,630▲ $36,503

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$14,445$14,445
Equipment$2,347$1,858$4,205
Compensation and Service Providers

Employees

NameTitleBaseTotal
Dana HippensteelCFO$410$410

Board Members and Trustees

NameTitle
Cliff CareyChairman
Corey WebbChairman
Anita ThomasVice Chairman
Glory AlbinSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$11,980
Program Service Revenue
$729,078
Investment Income
$19
Other Revenue
$51,757
All Other Contributions
$11,980
Change in Net Assets
$-42,552
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$633,291
Other Expenses$202,095
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$478,767$61,800-$540,567
Other Employee Benefits$46,359--$46,359
Payroll Taxes$45,955--$45,955
All Other Expenses$41,185$2,860-$44,045
Occupancy$37,683--$37,683
Office Expenses$25,143$10-$25,153
Insurance$12,906--$12,906
Other Expenses$9,720--$9,720
Fees for Services Other$3,906$173-$4,079
Fees for Services Accounting-$1,900-$1,900
Depreciation Depletion$1,648--$1,648
Interest$505--$505
Advertising-$430-$430
Current Officers, Directors, Trustees, and Key Employees$410--$410
Total Functional Expenses$768,213$67,173$0$835,386
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$61,688
Fundraising Direct Expenses$9,931
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner Auction$45,106$45,106$2,724$42,382
Read-a-thon$13,475$13,475$4$13,471
Total Events$58,581$58,581$7,291$51,290
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits$42,925
Field Trip Deposits$4,357
Music / Art Fund$1,407
Payroll Tax Payable$519
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Summit Christian School
EIN
27-0196251
Phone
9165369307
Address
5010 HAZEL AVENUE, FAIR OAKS, CA 95628

Signing Officer

Name
Dana Hippensteel
Title
CFO
Signed
2018-11-12
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
32

Preparer

Firm
PSG Certified Public Accountants LLP
Address
9257 SIERRA COLLEGE BLVD STE B, ROSEVILLE, CA 95661-3892
Preparer
Khinh Hoang CPA
Phone
9167913120
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