Civic Intelligence

Summit Academy High School

990 • Fiscal year 2014 • EIN 27-1884849

Jul 01, 2013 to Jun 30, 2014 • Filed on Jan 21, 2015

Organization ProfileWWW.SAHS1.ORG
1225 East 13200 South84020

(801) 572-9007

Siviq Scores

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

Liabilities / Assets

95th percentile

1.11x

Higher debt load relative to assets than 95% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

92nd percentile

3.79x

Higher debt load relative to revenue than 92% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

29th percentile

-1.3%

Higher net margin than 29% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

32nd percentile

$125,693

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

29th percentile

-1.2%

Faster asset growth than 29% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$14,922,487

Down $180,498 (-1.2%) from 2013

Net Assets

Down

-$1,621,353

Down $55,402 (-3.5%) from 2013

Liabilities

Down

$16,543,840

Down $125,096 (-0.8%) from 2013

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin29th percentile

Revenue

$4,364,512

No earlier filing loaded for comparison.

Expenses

Down

$4,419,913

Down $342,965 (-7.2%) from 2013

Net Income

-$55,401

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$20M$10M$0-$10MAssets 2011: $17,237,023Liabilities 2011: $17,219,813Net Assets 2011: $17,2102011Assets 2012: $15,413,877Liabilities 2012: $16,723,125Net Assets 2012: -$1,309,2482012Assets 2013: $15,102,985Liabilities 2013: $16,668,936Net Assets 2013: -$1,565,9512013Assets 2014: $14,922,487Liabilities 2014: $16,543,840Net Assets 2014: -$1,621,3532014Assets 2015: $14,842,735Liabilities 2015: $16,935,162Net Assets 2015: -$2,092,4272015Assets 2017: $14,665,913Liabilities 2017: $17,019,188Net Assets 2017: -$2,353,2752017Assets 2018: $14,768,688Liabilities 2018: $16,839,700Net Assets 2018: -$2,071,0122018Assets 2019: $14,902,556Liabilities 2019: $18,527,452Net Assets 2019: -$3,624,8962019Assets 2020: $14,945,443Liabilities 2020: $18,314,171Net Assets 2020: -$3,368,7282020Assets 2021: $14,518,136Liabilities 2021: $19,104,988Net Assets 2021: -$4,586,8522021Assets 2022: $14,989,976Liabilities 2022: $18,460,173Net Assets 2022: -$3,470,1972022Assets 2023: $16,330,362Liabilities 2023: $19,094,299Net Assets 2023: -$2,763,9372023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2014

Assets$14,922,487
Liabilities$16,543,840
Net Assets-$1,621,353
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$10M$5.0M$0-$5.0MExpenses 2011: $1,206,0212011Expenses 2012: $3,564,1112012Expenses 2013: $4,762,8782013Revenue 2014: $4,364,512Expenses 2014: $4,419,913Net Income 2014: -$55,4012014Revenue 2015: $4,209,544Expenses 2015: $4,680,618Net Income 2015: -$471,0742015Revenue 2017: $4,647,467Expenses 2017: $5,206,866Net Income 2017: -$559,3992017Revenue 2018: $5,528,740Expenses 2018: $5,246,477Net Income 2018: $282,2632018Revenue 2019: $5,723,658Expenses 2019: $7,328,604Net Income 2019: -$1,604,9462019Revenue 2020: $5,642,813Expenses 2020: $5,342,788Net Income 2020: $300,0252020Revenue 2021: $5,595,452Expenses 2021: $5,991,381Net Income 2021: -$395,9292021Revenue 2022: $6,392,124Expenses 2022: $5,275,469Net Income 2022: $1,116,6552022Revenue 2023: $7,053,224Expenses 2023: $6,346,964Net Income 2023: $706,2602023Revenue 2024: $23,048Expenses 2024: $135,080Net Income 2024: -$112,0322024

Highlighted filing

2014

Revenue$4,364,512
Expenses$4,419,913
Net Income-$55,401
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Jan 21, 2015
Return Version
2013v4.0
Gross Receipts
$4,364,512
Mission and Program Overview

Mission

To manage, operate, guide, direct, and promote a public charter school funded by local, state, and federal sources.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,703,008$12,532,053▼ $170,955
Investments in Publicly Traded Securities$1,716,929$1,716,609▼ $320
Cash and Non-Interest-Bearing Accounts$203,676$174,545▼ $29,131
Pledges and Grants Receivable$47,131$96,430▲ $49,299
Accounts Receivable$20,071$5,466▼ $14,605
Total Assets$15,102,985$14,922,487▼ $180,498
Other Assets Total$412,170$397,384▼ $14,786
Liabilities
Tax Exempt Bond Liabilities$15,765,000$15,705,000▼ $60,000
Accounts Payable and Accrued Expenses$604,592$636,161▲ $31,569
Mortgage Notes Payable Secured by Investment Property$299,345$202,679▼ $96,666
Total Liabilities$16,668,937$16,543,840▼ $125,097
Net Assets / Fund Balance
Unrestricted Net Assets$-1,565,952$-1,621,353▼ $55,401
Total Net Assets Fund Balance$-1,565,952$-1,621,353▼ $55,401
Total Liabilities and Net Assets / Fund Balance$15,102,985$14,922,487▼ $180,498

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,850,107$783,637$11,633,744
Land$1,511,000-$1,511,000
Equipment$170,946$45,725$216,671
Compensation and Service Providers
Top Officer Pay32nd percentile

Employees

NameTitleFull / Part TimeOtherTotal
Stephen CrandallDirectorPT$125,693$125,693

Board Members and Trustees

NameTitle
David CrandallBoard Member
Greg HughesBoard Member
Holly SonntagBoard Member
Steve FairbanksBoard Member
Troy WalkerBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$4,049,751
Program Service Revenue
$288,073
Investment Income
$9,636
Other Revenue
$17,052
All Other Contributions
$378,719
Change in Net Assets
$-55,401

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,364,512
Total Revenue per Audited Statements
$4,364,512
Total Revenue per Form 990
$4,364,512
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,626,718
Salaries, Compensation, and Employee Benefits$1,793,195
Total Fundraising Expense$22,550
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,340,865$582$60$1,341,507
Interest$1,242,311$65,240$6,705$1,314,256
Other Employee Benefits$451,638$45$5$451,688
Information Technology$267,735$111,434$74$379,243
Depreciation Depletion$295,697$15,529$1,596$312,822
Fees for Services Other$202,284$15,108$94$217,486
Other Expenses$18,318$1,092$112$19,522
All Other Expenses$15,165--$15,165
Total Functional Expenses$4,177,955$219,408$22,550$4,419,913

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,419,913
Total Expenses per Audited Statements$4,419,913
Total Expenses per Form 990$4,419,913
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Stephen CrandallRelative-boardDirector of SchoolNo$125,693
-Relative-boardConstruction ServiceNo$39,300
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
A26-12752692011-05-10$15,765,000PURCHASE FACILITIES

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$15,793,553--$315,300

Bond Financing Compliance

Form 8038-T filed
Yes
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Dave crandall stephen crandall board member cao brother summit academy, incorporated summit academy high school school school sister schools”

Form 990, Page 6, Part VI, Line 3

“The school has contracted with summit academy, incorporated (a related organization) to provide accounting and management services. Stephen crandall, cao of the school, is the brother to a board member (dave crandall).”

Form 990, Page 6, Part VI, Line 11B

“Board members review form 990 prior to filing form 990”

Form 990, Page 6, Part VI, Line 12C

“Board submits forms which are reviewed annually”

Form 990, Page 6, Part VI, Line 15A

“Board review and approves salaries annually.”

Form 990, Page 6, Part VI, Line 15B

“Board reviews and approves salaries annually.”

Form 990, Page 6, Part VI, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

EIN
27-1884849
Phone
8015729007

Signing Officer

Name
Stephen Crandall
Title
CAO
Phone
8015729007
Signed
2015-01-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen Crandall
Formed
2009
Legal Domicile
Ut
Voting Board Members
5
Independent Board Members
4
Employees
89
Volunteers
175

Preparer

Preparer
Russell D Olsen CPA
Phone
8017983545
Raw XML AppendixShowing 400 of 469 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.

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IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011633744
IRS990ScheduleD/EquipmentGrp/BookValueAmt0170946
IRS990ScheduleD/EquipmentGrp/DepreciationAmt045725
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0216671
IRS990ScheduleD/ExpensesSubtotalAmt04419913
IRS990ScheduleD/LandGrp/BookValueAmt01511000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01511000
IRS990ScheduleD/RevenueSubtotalAmt04364512
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012532053
IRS990ScheduleD/TotalExpensesPerForm990Amt04419913
IRS990ScheduleD/TotalRevenuePerForm990Amt04364512
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04364512
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04419913
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXCUSED FROM FORMAL COMPLIANCE WITH REV PROC 75-50 AS LONG AS THE SCHOOL'S CHARTER AGREEMENT WITH THE STATE OF UTAH REMAINS IN EFFECT.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES STATE AND FEDERAL GRANTS TO OPERATE THE SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02011-05-10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0261275269
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum091754TDF7
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt015765000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine10STATE CHARTER SCHOOL FINANCE AUTHOR
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine20STATE CHARTER SCHOOL FINANCE AUTHOR
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0PURCHASE FACILITIES
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt012006455
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt01999781
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt01470900
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0315300
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02011
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt015793553
IRS990ScheduleK/TaxExemptBondsProceedsGrp/WorkingCapitalExpendituresAmt01117
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine10DENALI PLUMBING
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0STEPHEN CRANDALL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0RELATIVE-BOARD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1RELATIVE-BOARD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0125693
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt139300
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0DIRECTOR OF SCHOOL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1CONSTRUCTION SERVICE
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0AS IDENTIFIED IN PART IV SECTION A LINE 2, STEVE CRANDALL (EXECUTIVE DRIECTOR) IS THE BROTHER OF DAVE CRANDALL (BOARD PRESIDENT). STEPHEN'S COMPENSATION IS PAID BY SUMMIT ACADEMY, INCORPORATED, A RELATED ORGANIZATION.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAVE CRANDALL STEPHEN CRANDALL BOARD MEMBER CAO BROTHER SUMMIT ACADEMY, INCORPORATED SUMMIT ACADEMY HIGH SCHOOL SCHOOL SCHOOL SISTER SCHOOLS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL HAS CONTRACTED WITH SUMMIT ACADEMY, INCORPORATED (A RELATED ORGANIZATION) TO PROVIDE ACCOUNTING AND MANAGEMENT SERVICES. STEPHEN CRANDALL, CAO OF THE SCHOOL, IS THE BROTHER TO A BOARD MEMBER (DAVE CRANDALL).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS REVIEW FORM 990 PRIOR TO FILING FORM 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD SUBMITS FORMS WHICH ARE REVIEWED ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD REVIEW AND APPROVES SALARIES ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD REVIEWS AND APPROVES SALARIES ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine10NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10SUMMIT ACADEMY INCORPORATED
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0043778013
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0UT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt02
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine101285 EAST 13200 SOUTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0DRAPER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0UT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode084020
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0true
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0184226
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1165874
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0AMOUNT PAID FOR SERVICES
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1AMOUNT PAID FOR FOOD SERV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10SUMMIT ACADEMY INCORPORATED
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine11SUMMIT ACADEMY INCORPORATED
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0L
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1L
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt015765000
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt015705000
IRS990/TaxExemptBondsInd0true
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,922,487
Liabilities
$16,543,840
Net assets
-$1,621,353
Revenue
$4,364,512
Expenses
$4,419,913
Net income
-$55,401
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.02$0.14$0.11
2023Detailed filing. Detailed filing data is available for this year.$16.3$19.1$2.76$7.05$6.35$0.71
2022Detailed filing. Detailed filing data is available for this year.$15.0$18.5$3.47$6.39$5.28$1.12
2021Detailed filing. Detailed filing data is available for this year.$14.5$19.1$4.59$5.60$5.99$0.40
2020Detailed filing. Detailed filing data is available for this year.$14.9$18.3$3.37$5.64$5.34$0.30
2019Detailed filing. Detailed filing data is available for this year.$14.9$18.5$3.62$5.72$7.33$1.60
2018Detailed filing. Detailed filing data is available for this year.$14.8$16.8$2.07$5.53$5.25$0.28
2017Detailed filing. Detailed filing data is available for this year.$14.7$17.0$2.35$4.65$5.21$0.56
2015Detailed filing. Detailed filing data is available for this year.$14.8$16.9$2.09$4.21$4.68$0.47
2014Detailed filing. Detailed filing data is available for this year.$14.9$16.5$1.62$4.36$4.42$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.1$16.7$1.57$4.76
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.4$16.7$1.31$3.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.2$17.2$0.02$1.21