Civic Intelligence

Summit Missions Inc

990 • Fiscal year 2022 • EIN 34-1785031

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 01, 2023

PO Box 638Green, OH 44232-0638

(330) 896-9300

Siviq Scores

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

Liabilities / Assets

57th percentile

0.10x

Higher debt load relative to assets than 57% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

64th percentile

0.17x

Higher debt load relative to revenue than 64% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

19th percentile

-13%

Higher net margin than 19% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

44th percentile

$35,574

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

44th percentile

-0.7%

Faster asset growth than 44% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

72nd percentile

28%

Faster revenue growth than 72% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,442,417

Down $10,234 (-0.7%) from 2021

Net Assets

Down

$1,299,447

Down $97,463 (-7.0%) from 2021

Liabilities

Up

$142,970

Up $87,229 (+156%) from 2021

Revenue

Up

$817,489

Up $178,588 (+28%) from 2021

Expenses

Up

$923,756

Up $218,688 (+31%) from 2021

Net Income

Down

-$106,267

Down $40,100 (-61%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $302,218Liabilities 2010: $11,291Net Assets 2010: $290,9272010Assets 2012: $1,042,884Liabilities 2012: $197,976Net Assets 2012: $844,9082012Assets 2013: $970,217Liabilities 2013: $7,755Net Assets 2013: $962,4622013Assets 2015: $1,108,346Liabilities 2015: $24,600Net Assets 2015: $1,083,7462015Assets 2016: $1,221,422Liabilities 2016: $16,559Net Assets 2016: $1,204,8632016Assets 2017: $1,432,145Liabilities 2017: $127,956Net Assets 2017: $1,304,1892017Assets 2018: $1,415,395Liabilities 2018: $12,208Net Assets 2018: $1,403,1872018Assets 2020: $1,506,349Liabilities 2020: $54,812Net Assets 2020: $1,451,5372020Assets 2021: $1,452,651Liabilities 2021: $55,741Net Assets 2021: $1,396,9102021Assets 2022: $1,442,417Liabilities 2022: $142,970Net Assets 2022: $1,299,4472022Assets 2024: $1,323,460Liabilities 2024: $83,915Net Assets 2024: $1,239,5452024

Highlighted filing

2022

Assets$1,442,417
Liabilities$142,970
Net Assets$1,299,447

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $295,1552010Expenses 2012: $349,0222012Revenue 2013: $453,710Expenses 2013: $336,156Net Income 2013: $117,5542013Revenue 2015: $591,513Expenses 2015: $607,752Net Income 2015: -$16,2392015Revenue 2016: $583,568Expenses 2016: $470,557Net Income 2016: $113,0112016Revenue 2017: $585,122Expenses 2017: $495,701Net Income 2017: $89,4212017Revenue 2018: $590,063Expenses 2018: $512,216Net Income 2018: $77,8472018Revenue 2020: $563,174Expenses 2020: $535,357Net Income 2020: $27,8172020Revenue 2021: $638,901Expenses 2021: $705,068Net Income 2021: -$66,1672021Revenue 2022: $817,489Expenses 2022: $923,756Net Income 2022: -$106,2672022Revenue 2024: $1,401,647Expenses 2024: $1,501,568Net Income 2024: -$99,9212024

Highlighted filing

2022

Revenue$817,489
Expenses$923,756
Net Income-$106,267
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 1, 2023
Return Version
2022v5.0
Gross Receipts
$817,489
Mission and Program Overview

Mission

Mobilize people, resources and national partners Meet physical needs of children-at-risk Minister spiritual hope to the lost Multiply life-giving churches and, Magnify Gods love and grace.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$910,803$705,569▼ $205,234
Land, Buildings, and Equipment, Net$538,520$533,012▼ $5,508
Savings and Temporary Cash Investments-$200,241-
Prepaid Expenses and Deferred Charges$3,328$3,595▲ $267
Total Assets$1,452,651$1,442,417▼ $10,234
Liabilities
Other Liabilities$46,819$141,946▲ $95,127
Accounts Payable and Accrued Expenses$8,922$1,024▼ $7,898
Total Liabilities$55,741$142,970▲ $87,229
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,304,211$1,139,831▼ $164,380
Net Assets With Donor Restrictions$92,699$159,616▲ $66,917
Total Net Assets Fund Balance$1,396,910$1,299,447▼ $97,463
Total Liabilities and Net Assets / Fund Balance$1,452,651$1,442,417▼ $10,234

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$225,142$77,683$302,825
Land$295,840-$295,840
Equipment$11,921$48,791$60,712
Other Land Buildings$109$7,944$8,053
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Christine PatschTrusteeFT$35,574$35,574
Esley PatschExe Chairman of BODFT$20,577$20,577

Board Members and Trustees

NameTitle
Aaron PatschTrustee
Dean DomerTrustee
Mike ForakerTrustee
Tom FullerTrustee
Victor HutnikTrustee
James R NewmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$816,996
Program Service Revenue
$0
Investment Income
$493
Other Revenue
$0
All Other Contributions
$816,996
Change in Net Assets
$-106,267

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$721,427
Salaries, Compensation, and Employee Benefits$202,329
Total Fundraising Expense$13,738
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$53,637$31,288$4,470$89,395
Current Officers, Directors, Trustees, and Key Employees$56,130$20,047$4,009$80,186
Occupancy$21,956$7,842$1,567$31,365
Other Employee Benefits$13,344$4,766$953$19,063
Office Expenses$12,156$4,342$868$17,366
Payroll Taxes$7,091$4,137$591$11,819
Depreciation Depletion$8,175$2,920$583$11,678
Other Expenses$5,619-$296$5,915
Fees for Services Accounting$2,520$900$180$3,600
Travel$1,784$637$128$2,549
Pension Plan Contributions$1,306$467$93$1,866
Total Functional Expenses$832,672$77,346$13,738$923,756
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses - Other$137,057
Federal income taxes$4,282
Accrued Payroll Payroll Taxes$607
Shipping Advances-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Summit Missions Inc
EIN
34-1785031
Phone
3308969300
Address
PO BOX 638, GREEN, OH 44232-0638
Doing Business As
Summit Missions International

Signing Officer

Name
James R Newman
Title
Treasurer
Phone
3308969300
Signed
2023-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James R Newman
Formed
1994
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
6
Employees
5
Volunteers
109

Preparer

Firm
Newman Garrett & Associates
Address
2871 Edison St Nw, Uniontown, OH 44685
Preparer
Troy R Garrett
Phone
3306996800
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

Form 990 Part III, Line 4A Children and Youth Since children are the future of any country, SMI places a large focus on supporting childrens ministries as indicated below. 1. Motivated youth to experience Gods love and to recognize their personal worth. 2. Over 22,500 children and youth were presented with the Gospel. 3. SMI sponsored Bible Clubs which included training leaders in the Spring, providing crafts, meals and snacks for the weeklong programs hosted by churches in Moldova and Transnistria. 3,000 children attended and 10,075 meals were served. SMI distributed 37,597 to support the program. 4. SMI provided 8,269 to the Children of the Street feeding and tutoring program in Grigoriopol, Transnistria. Here, children received a hot meal, help with schoolwork, a Bible lesson and were shown the love of God from the staff. 5. Continued funding of Adventure Camp for 10,103. This program in Transnistria offers children and teens an intense rafting, camping, extreme sports, discipleship, and leadership development program centered on Christ. 6. Supported sports ministry outreaches in Europe where 2,450 youth were presented with the Gospel. SMI supported this ministry with 8,138. 7. SMI also assisted the Help the Children program in Transnistria with 4,200 to provide food, clothing, childrens activities, home renovations, and other services to needy families.

Form 990, Part III, Line 4B

Form 990, Part III, Line 4B Church Planting and Development Summit Missions International believes that every man, woman, and child should have the opportunity to hear the Gospel at least one time. Multiplied churches that positively influence their communities,178 pastors and leaders trained and new churches planted. SMI partners with Generations Missions Association, a church planting group based in Kyiv, Ukraine. SMI supplied 37,307 to assist in the training of 70 pastors and the cultivation of 16 churches. Additionally, 7,534 was given to Church Without Walls in Transnistria to support their outreach where 900 youth were presented with the Gospel, 8 leaders were trained, and 3 house churches were started.

Form 990, Part III, Line 4C

Form 990, Part III, Line 4C Humanitarian Assistance, Aid and Shipping Mobilized people and resources to assist national mission partners serving as field representatives for Summit Missions International SMI Met needs through product shipments and promoted business as missions, 290,075 meals provided and served, and 210,283 pounds of aid shipped to Ukraine. Locally, SMI operates with a staff of one full-time and four part-time employees. We maintain accurate records, local and international communications, public relations, and publication of 850 quarterly newsletters. All financial records, receipts and expenditures are accurately processed, board approved, and reviewed by an independent accounting firm each year. Additionally, volunteers served a total of 4,843 hours valued at 145,047. Those volunteers sorted, packaged, and shipped 16 sea containers with a total weight of 320,839 pounds of aid. The mission received and processed gift-in-kind donations in the amount of 152,711 pounds valued at 684,087 for distribution to the needy and for our Thrift Store partner in Eastern Europe. The Thrift Store Project Business as Mission was started in 2009 and continues to expand in Moldova, Transnistria, and Ukraine, now operating more than 40 stores.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 Part III, Line 4A Children and Youth Since children are the future of any country, SMI places a large focus on supporting childrens ministries as indicated below. 1. Motivated youth to experience Gods love and to recognize their personal worth. 2. Over 22,500 children and youth were presented with the Gospel. 3. SMI sponsored Bible Clubs which included training leaders in the Spring, providing crafts, meals and snacks for the weeklong programs hosted by churches in Moldova and Transnistria. 3,000 children attended and 10,075 meals were served. SMI distributed 37,597 to support the program. 4. SMI provided 8,269 to the Children of the Street feeding and tutoring program in Grigoriopol, Transnistria. Here, children received a hot meal, help with schoolwork, a Bible lesson and were shown the love of God from the staff. 5. Continued funding of Adventure Camp for 10,103. This program in Transnistria offers children and teens an intense rafting, camping, extreme sports, discipleship, and leadership development program centered on Christ. 6. Supported sports ministry outreaches in Europe where 2,450 youth were presented with the Gospel. SMI supported this ministry with 8,138. 7. SMI also assisted the Help the Children program in Transnistria with 4,200 to provide food, clothing, childrens activities, home renovations, and other services to needy families.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990, Part III, Line 4B Church Planting and Development Summit Missions International believes that every man, woman, and child should have the opportunity to hear the Gospel at least one time. Multiplied churches that positively influence their communities,178 pastors and leaders trained and new churches planted. SMI partners with Generations Missions Association, a church planting group based in Kyiv, Ukraine. SMI supplied 37,307 to assist in the training of 70 pastors and the cultivation of 16 churches. Additionally, 7,534 was given to Church Without Walls in Transnistria to support their outreach where 900 youth were presented with the Gospel, 8 leaders were trained, and 3 house churches were started.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990, Part III, Line 4C Humanitarian Assistance, Aid and Shipping Mobilized people and resources to assist national mission partners serving as field representatives for Summit Missions International SMI Met needs through product shipments and promoted business as missions, 290,075 meals provided and served, and 210,283 pounds of aid shipped to Ukraine. Locally, SMI operates with a staff of one full-time and four part-time employees. We maintain accurate records, local and international communications, public relations, and publication of 850 quarterly newsletters. All financial records, receipts and expenditures are accurately processed, board approved, and reviewed by an independent accounting firm each year. Additionally, volunteers served a total of 4,843 hours valued at 145,047. Those volunteers sorted, packaged, and shipped 16 sea containers with a total weight of 320,839 pounds of aid. The mission received and processed gift-in-kind donations in the amount of 152,711 pounds valued at 684,087 for distribution to the needy and for our Thrift Store partner in Eastern Europe. The Thrift Store Project Business as Mission was started in 2009 and continues to expand in Moldova, Transnistria, and Ukraine, now operating more than 40 stores.
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