Civic Intelligence

Summit School Inc.

990 • Fiscal year 2016 • EIN 36-2660101

Sep 01, 2015 to Aug 31, 2016 • Filed on Jan 12, 2017

Organization ProfileWWW.SUMMITELGIN.ORG

View Organization Page

333 West River RoadElgin, IL 60123-1572

(847) 468-0490

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$5,643,385

Down $554,457 (-8.9%) from 2014

Net Assets

Down

$5,606,294

Down $287,210 (-4.9%) from 2014

Liabilities

Down

$37,091

Down $267,247 (-88%) from 2014

Revenue And Expenses

Revenue

Down

$2,683,681

Down $1,569,258 (-37%) from 2014

Expenses

Up

$2,988,484

Up $108,935 (+3.8%) from 2014

Net Income

Down

-$304,803

Down $1,678,193 (-122%) from 2014

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $4,922,174Liabilities 2011: $503,209Net Assets 2011: $4,418,9652011Assets 2012: $4,995,699Liabilities 2012: $722,727Net Assets 2012: $4,272,9722012Assets 2013: $4,995,922Liabilities 2013: $585,516Net Assets 2013: $4,410,4062013Assets 2014: $6,197,842Liabilities 2014: $304,338Net Assets 2014: $5,893,5042014Assets 2016: $5,643,385Liabilities 2016: $37,091Net Assets 2016: $5,606,2942016Assets 2017: $5,746,951Liabilities 2017: $25,515Net Assets 2017: $5,721,4362017Assets 2018: $5,989,033Liabilities 2018: $24,211Net Assets 2018: $5,964,8222018Assets 2019: $5,795,321Liabilities 2019: $28,899Net Assets 2019: $5,766,4222019Assets 2020: $6,281,949Liabilities 2020: $405,387Net Assets 2020: $5,876,5622020Assets 2021: $6,323,370Liabilities 2021: $101,084Net Assets 2021: $6,222,2862021Assets 2022: $5,230,352Liabilities 2022: $111,685Net Assets 2022: $5,118,6672022Assets 2023: $4,946,658Liabilities 2023: $103,344Net Assets 2023: $4,843,3142023Assets 2024: $5,172,315Liabilities 2024: $169,013Net Assets 2024: $5,003,3022024

Highlighted filing

2016

Assets$5,643,385
Liabilities$37,091
Net Assets$5,606,294
Open 2016 Filing

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $3,451,2932011Expenses 2012: $3,200,8592012Expenses 2013: $2,971,8732013Revenue 2014: $4,252,939Expenses 2014: $2,879,549Net Income 2014: $1,373,3902014Revenue 2016: $2,683,681Expenses 2016: $2,988,484Net Income 2016: -$304,8032016Revenue 2017: $2,651,616Expenses 2017: $2,732,651Net Income 2017: -$81,0352017Revenue 2018: $2,809,997Expenses 2018: $2,697,333Net Income 2018: $112,6642018Revenue 2019: $2,640,771Expenses 2019: $2,759,895Net Income 2019: -$119,1242019Revenue 2020: $2,862,409Expenses 2020: $2,860,395Net Income 2020: $2,0142020Revenue 2021: $2,672,238Expenses 2021: $2,958,576Net Income 2021: -$286,3382021Revenue 2022: $2,725,735Expenses 2022: $3,286,757Net Income 2022: -$561,0222022Revenue 2023: $2,996,622Expenses 2023: $3,297,478Net Income 2023: -$300,8562023Revenue 2024: $4,264,216Expenses 2024: $4,404,207Net Income 2024: -$139,9912024

Highlighted filing

2016

Revenue$2,683,681
Expenses$2,988,484
Net Income-$304,803
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Jan 12, 2017
Return Version
2015v3.0
Gross Receipts
$2,683,681
Mission and Program Overview

Mission

Summit school provides a highly individualized and structured setting for preschool, elementary, junior high and high school students.

Summit school provides a highly individualized and structured setting for elementary, junior high and high school students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$2,630,885$2,800,620▲ $169,735
Land, Buildings, and Equipment, Net$2,564,748$2,417,316▼ $147,432
Cash and Non-Interest-Bearing Accounts$474,313$237,193▼ $237,120
Accounts Receivable$186,783$179,119▼ $7,664
Pledges and Grants Receivable-$7,600-
Prepaid Expenses and Deferred Charges$14,042$1,537▼ $12,505
Total Assets$5,870,771$5,643,385▼ $227,386
Liabilities
Accounts Payable and Accrued Expenses$40,485$34,720▼ $5,765
Other Liabilities$21,023$2,371▼ $18,652
Total Liabilities$61,508$37,091▼ $24,417
Net Assets / Fund Balance
Unrestricted Net Assets$5,809,263$5,606,294▼ $202,969
Total Net Assets Fund Balance$5,809,263$5,606,294▼ $202,969
Total Liabilities and Net Assets / Fund Balance$5,870,771$5,643,385▼ $227,386

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,142,253$1,920,188$4,062,441
Land$240,795-$240,795
Equipment$34,268$26,229$60,497
Other Securities$2,800,620--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Johanna WhitePresidentFT$45,000$4,200$49,200

Board Members and Trustees

NameTitle
Leo Flanagan JrChairman
Barbara FergusonDirector
Beatrice WilsonDirector
Conrad C PeacockDirector
Darlene ZiebellDirector
James R WilliamsDirector
Joe GalvinDirector
Linda BreenDirector
Mary GalvinDirector
Mike PolchopekDirector
Robert HansenDirector
Terry GajewskiDirector
John OstremAssistant Treasurer
Patricia SzpekowskiSecretary
David DattiloTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$313,033
Program Service Revenue
$2,268,294
Investment Income
$94,354
Other Revenue
$8,000
Change in Net Assets
$-304,803

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,657,235
Revenue Not Reported on Financial Statements
$26,446
Revenue Not Reported on Form 990
$101,834
Total Revenue per Audited Statements
$2,759,069
Total Revenue per Form 990
$2,683,681
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,522,110
Other Expenses$466,374
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,100,165$102,242-$2,202,407
Payroll Taxes$149,284$15,898-$165,182
Depreciation Depletion$150,656--$150,656
Occupancy$75,453--$75,453
Other Employee Benefits$56,707$8,453-$65,160
Current Officers, Directors, Trustees, and Key Employees$45,000--$45,000
Pension Plan Contributions$39,771$4,590-$44,361
Insurance$34,693--$34,693
Fees for Services Other-$30,155-$30,155
Conferences and Meetings$30,149--$30,149
Office Expenses$27,110$143-$27,253
Fees for Service Investment Mgmnt Fees-$26,446-$26,446
Fees for Services Legal-$12,345-$12,345
All Other Expenses$4,496$4,148-$8,644
Other Expenses$7,482--$7,482
Total Functional Expenses$2,784,064$204,420$0$2,988,484

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,988,484
Expenses per Audited Statements$2,962,038
Total Expenses per Audited Statements$2,962,038
Expenses Not Reported on Financial Statements$26,446
Expenses Not Reported on Form 990$0
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
Enrichment Fund$1,875
Other Current Liabilities$496
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The organization provides all members a copy of the 990 return to review before filing.”

Form 990, Part VI, Section B, Line 12C

“The president monitors and enforces compliance within the organization.”

Form 990, Part VI, Section C, Line 19

“The organization make its governing documents and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Summit School Inc
EIN
36-2660101
Phone
8474680490
Address
333 WEST RIVER ROAD, ELGIN, IL 60123-1572

Signing Officer

Name
Johanna White
Title
President
Phone
8474680490
Signed
2017-01-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Johanna White
Formed
1968
Legal Domicile
Il
Voting Board Members
15
Independent Board Members
15
Employees
73
Volunteers
0

Preparer

Firm
Wipfli Llp
Address
625 N NORTH COURT STE 200, PALATINE, IL 60067
Preparer
James O Giese
Phone
8473581170
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“Procedures are consistant with prior years.”

Financial Statement Notes

PART X, LINE 2:

“The school has adopted fasb asc-740-10-25, accounting for uncertainty in income taxes. The school will record a liability for uncertain tax positions when it is more likely than not that a tax position would not be sustained if examined by a tax authority. The school's evaluation on august 31, 2016 revealed no uncertain tax positions that would have a material impact on the financial statements. The organization is generally no longer subject to examination by the internal revenue service for years before 2012.”

Raw XML AppendixShowing 400 of 494 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt040485
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt034720
IRS990/AccountsReceivableGrp/BOYAmt0186783
IRS990/AccountsReceivableGrp/EOYAmt0179119
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SUMMIT SCHOOL PROVIDES A HIGHLY INDIVIDUALIZED AND STRUCTURED SETTING FOR ELEMENTARY, JUNIOR HIGH AND HIGH SCHOOL STUDENTS.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04148
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04496
IRS990/AllOtherExpensesGrp/TotalAmt08644
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SUMMIT SCHOOL INC
IRS990/BooksInCareOfDetail/PhoneNum08474680490
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0333 WEST RIVER ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0ELGIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0601231572
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0474313
IRS990/CashNonInterestBearingGrp/EOYAmt0237193
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt045000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt045000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt030149
IRS990/ConferencesMeetingsGrp/TotalAmt030149
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0313033
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt094354
IRS990/CYOtherExpensesAmt0466374
IRS990/CYOtherRevenueAmt08000
IRS990/CYProgramServiceRevenueAmt02268294
IRS990/CYRevenuesLessExpensesAmt0-304803
IRS990/CYSalariesCompEmpBnftPaidAmt02522110
IRS990/CYTotalExpensesAmt02988484
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02683681
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0150656
IRS990/DepreciationDepletionGrp/TotalAmt0150656
IRS990/Desc0THE LEARNING DISABILITY PROGRAM IS DESIGNED TO BOTH REMEDIATE SPECIFIC LEARNING DISABILITIES AND PRESENT THE STUDENT WITH THE CONTENT KNOWLEDGE FOUND IN THE REGULAR HIGH SCHOOL CIRRICULUM.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt073
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02333637
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt012345
IRS990/FeesForServicesLegalGrp/TotalAmt012345
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt030155
IRS990/FeesForServicesOtherGrp/TotalAmt030155
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt026446
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt026446
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt07.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt95.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt105.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt125.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt155.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt134200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0LEO FLANAGAN JR
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN OSTREM
IRS990/Form990PartVIISectionAGrp/PersonNm2LINDA BREEN
IRS990/Form990PartVIISectionAGrp/PersonNm3BARBARA FERGUSON
IRS990/Form990PartVIISectionAGrp/PersonNm4TERRY GAJEWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm5JOE GALVIN
IRS990/Form990PartVIISectionAGrp/PersonNm6ROBERT HANSEN
IRS990/Form990PartVIISectionAGrp/PersonNm7MIKE POLCHOPEK
IRS990/Form990PartVIISectionAGrp/PersonNm8DARLENE ZIEBELL
IRS990/Form990PartVIISectionAGrp/PersonNm9MARY GALVIN
IRS990/Form990PartVIISectionAGrp/PersonNm10JAMES R WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm11BEATRICE WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm12CONRAD C PEACOCK
IRS990/Form990PartVIISectionAGrp/PersonNm13JOHANNA WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm14DAVID DATTILO
IRS990/Form990PartVIISectionAGrp/PersonNm15PATRICIA SZPEKOWSKI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1345000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1ASSISTANT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt15SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt0313033
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02683681
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt034693
IRS990/InsuranceGrp/TotalAmt034693
IRS990/InvestmentIncomeGrp/ExclusionAmt094354
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt094354
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt02630885
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02800620
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01946417
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02564748
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02417316
IRS990/LandBldgEquipCostOrOtherBssAmt04363733
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SUMMIT SCHOOL PROVIDES A HIGHLY INDIVIDUALIZED AND STRUCTURED SETTING FOR ELEMENTARY, JUNIOR HIGH AND HIGH SCHOOL STUDENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05809263
IRS990/NetAssetsOrFundBalancesEOYAmt05606294
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0101834
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt075453
IRS990/OccupancyGrp/TotalAmt075453
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0143
IRS990/OfficeExpensesGrp/ProgramServicesAmt027110
IRS990/OfficeExpensesGrp/TotalAmt027253
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08453
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt056707
IRS990/OtherEmployeeBenefitsGrp/TotalAmt065160
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1BOOKS AND SUPPLIES
IRS990/OtherExpensesGrp/Desc2SCHOOL ACTIVITIES
IRS990/OtherExpensesGrp/Desc3OUTSIDE SERVICES
IRS990/OtherExpensesGrp/ProgramServicesAmt034502
IRS990/OtherExpensesGrp/ProgramServicesAmt114671
IRS990/OtherExpensesGrp/ProgramServicesAmt213925
IRS990/OtherExpensesGrp/ProgramServicesAmt37482
IRS990/OtherExpensesGrp/TotalAmt034502
IRS990/OtherExpensesGrp/TotalAmt114671
IRS990/OtherExpensesGrp/TotalAmt213925
IRS990/OtherExpensesGrp/TotalAmt37482
IRS990/OtherLiabilitiesGrp/BOYAmt021023
IRS990/OtherLiabilitiesGrp/EOYAmt02371
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08000
IRS990/OtherRevenueTotalAmt08000
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0102242
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02100165
IRS990/OtherSalariesAndWagesGrp/TotalAmt02202407
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015898
IRS990/PayrollTaxesGrp/ProgramServicesAmt0149284
IRS990/PayrollTaxesGrp/TotalAmt0165182
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04590
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt039771
IRS990/PensionPlanContributionsGrp/TotalAmt044361
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt07600
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014042
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01537
IRS990/PrincipalOfficerNm0JOHANNA WHITE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1PUBLIC SUPPORT
IRS990/ProgramServiceRevenueGrp/Desc2SCHOOL ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02209996
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt143568
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt214730
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02209996
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt143568
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt214730
IRS990/ProgSrvcAccomActy2Grp/Desc0SUMMIT CENTER PROVIDES A POSITIVE LEARNING ENVIRONMENT THROUGH STRUCTURED PLAY ACTIVITIES FOR CHILDREN AGES 3-7. SUMMIT CENTER INCLUDES SEVERAL PROGRAMS DESIGNED TO ASSIST CHILDREN WITH DIVERSE DEVELOPMENTAL AND EDUCATIONAL PROBLEMS AND NEEDS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0450427
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0341885
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0337218
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt082149
IRS990/PYOtherExpensesAmt0536303
IRS990/PYOtherRevenueAmt0255
IRS990/PYProgramServiceRevenueAmt02660980
IRS990/PYRevenuesLessExpensesAmt0121251
IRS990/PYSalariesCompEmpBnftPaidAmt02423048
IRS990/PYTotalExpensesAmt02959351
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03080602
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-304803
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01934409
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02142253
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01920188
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04062441
IRS990ScheduleD/EquipmentGrp/BookValueAmt034268
IRS990ScheduleD/EquipmentGrp/DepreciationAmt026229
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt060497
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt026446
IRS990ScheduleD/ExpensesSubtotalAmt02962038
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt026446
IRS990ScheduleD/InvestmentExpensesNotIncldAmt026446
IRS990ScheduleD/LandGrp/BookValueAmt0240795
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0240795
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0101834
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01875
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1496
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ENRICHMENT FUND
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER CURRENT LIABILITIES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt02800620
IRS990ScheduleD/OtherSecuritiesGrp/Desc0VARIOUS PUBLICLY TRADED SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt0101834
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt026446
IRS990ScheduleD/RevenueSubtotalAmt02657235
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS ADOPTED FASB ASC-740-10-25, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE SCHOOL WILL RECORD A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WOULD NOT BE SUSTAINED IF EXAMINED BY A TAX AUTHORITY. THE SCHOOL'S EVALUATION ON AUGUST 31, 2016 REVEALED NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE ORGANIZATION IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2012.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02417316
IRS990ScheduleD/TotalBookValueSecuritiesAmt02800620
IRS990ScheduleD/TotalExpensesPerForm990Amt02988484
IRS990ScheduleD/TotalLiabilityAmt02371
IRS990ScheduleD/TotalRevenuePerForm990Amt02683681
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02759069
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02962038
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0SUMMIT SCHOOL, INC HAS PRINTED BROCHURES, NEWSLETTERS AND OTHER INFORMATION THAT STATE ITS RACIALLY NONDISCRIMINATORY POLICY.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,643,385
Liabilities
$37,091
Net assets
$5,606,294
Revenue
$2,683,681
Expenses
$2,988,484
Net income
-$304,803
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.17$0.17$5.00$4.26$4.40$0.14
2023Detailed filing. Detailed filing data is available for this year.$4.95$0.10$4.84$3.00$3.30$0.30
2022Detailed filing. Detailed filing data is available for this year.$5.23$0.11$5.12$2.73$3.29$0.56
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.32$0.10$6.22$2.67$2.96$0.29
2020Detailed filing. Detailed filing data is available for this year.$6.28$0.41$5.88$2.86$2.86$0.00
2019Detailed filing. Detailed filing data is available for this year.$5.80$0.03$5.77$2.64$2.76$0.12
2018Detailed filing. Detailed filing data is available for this year.$5.99$0.02$5.96$2.81$2.70$0.11
2017Detailed filing. Detailed filing data is available for this year.$5.75$0.03$5.72$2.65$2.73$0.08
2016Detailed filing. Detailed filing data is available for this year.$5.64$0.04$5.61$2.68$2.99$0.30
2014Detailed filing. Detailed filing data is available for this year.$6.20$0.30$5.89$4.25$2.88$1.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.00$0.59$4.41$2.97
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.00$0.72$4.27$3.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.92$0.50$4.42$3.45