Civic Intelligence

Summit School Inc.

990 • Fiscal year 2021 • EIN 36-2660101

Sep 01, 2020 to Aug 31, 2021 • Filed on Feb 28, 2022

Organization ProfileWWW.SUMMITELGIN.ORG

View Organization Page

333 West River RoadElgin, IL 60123

(847) 468-0490

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.02x

Higher debt load relative to assets than 23% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

23rd percentile

0.04x

Higher debt load relative to revenue than 23% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

13th percentile

-11%

Higher net margin than 13% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

27th percentile

$51,966

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

26th percentile

0.7%

Faster asset growth than 26% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

22nd percentile

-6.6%

Faster revenue growth than 22% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Up

$6,323,370

Up $41,421 (+0.7%) from 2020

Net Assets

Up

$6,222,286

Up $345,724 (+5.9%) from 2020

Liabilities

Down

$101,084

Down $304,303 (-75%) from 2020

Revenue And Expenses
Liabilities / Revenue23rd percentileNet Margin13th percentile

Revenue

Down

$2,672,238

Down $190,171 (-6.6%) from 2020

Expenses

Up

$2,958,576

Up $98,181 (+3.4%) from 2020

Net Income

Down

-$286,338

Down $288,352 (-14317%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

2021

Assets$6,323,370
Liabilities$101,084
Net Assets$6,222,286
Open 2021 Filing

Operations Trend

Revenue Growth22nd percentile

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

2021

Revenue$2,672,238
Expenses$2,958,576
Net Income-$286,338
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Feb 28, 2022
Return Version
2020v4.2
Gross Receipts
$2,672,238
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 in Publicly Traded Securities$3,283,991$3,950,273▲ $666,282
Land, Buildings, and Equipment, Net$1,959,853$1,858,143▼ $101,710
Cash and Non-Interest-Bearing Accounts$888,055$301,979▼ $586,076
Accounts Receivable$149,150$210,625▲ $61,475
Prepaid Expenses and Deferred Charges$900$2,350▲ $1,450
Total Assets$6,281,949$6,323,370▲ $41,421
Liabilities
Accounts Payable and Accrued Expenses$21,126$69,024▲ $47,898
Other Liabilities$384,261$32,060▼ $352,201
Total Liabilities$405,387$101,084▼ $304,303
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,876,562$6,222,286▲ $345,724
Total Net Assets Fund Balance$5,876,562$6,222,286▲ $345,724
Total Liabilities and Net Assets / Fund Balance$6,281,949$6,323,370▲ $41,421

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,025,116$1,609,300$2,634,416
Leasehold Improvements$566,559$959,461$1,526,020
Land$240,795-$240,795
Equipment$25,673$63,526$89,199
Compensation and Service Providers
Top Officer Pay27th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Rebecca GillieCoord of Bus. Oper.FT$51,966$51,966
Steve BaldwinPresidentFT$6,630$6,630

Board Members and Trustees

NameTitle
Mike PolchopekBoard Chair
Terry GajewskiBoard Vice-chair
Angi CholewaDirector
Barbara FergusonDirector
Deanne MillerDirector
Kristin CorriveauDirector
Nanette LorenzDirector
Robert HansenDirector
Holly YorkAsst. Treasurer
Margaret PeeblesSecretary
Michael BrownTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$948,013
Program Service Revenue
$1,626,711
Investment Income
$70,232
Other Revenue
$27,282
All Other Contributions
$77,821
Change in Net Assets
$-286,338

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,636,226
Revenue Not Reported on Financial Statements
$36,012
Revenue Not Reported on Form 990
$632,062
Total Revenue per Audited Statements
$3,268,288
Total Revenue per Form 990
$2,672,238
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,307,505
Other Expenses$651,071
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,826,010$107,637-$1,933,647
Payroll Taxes$138,312$17,697-$156,009
Depreciation Depletion$142,313$7,490-$149,803
Current Officers, Directors, Trustees, and Key Employees-$126,001-$126,001
Conferences and Meetings$78,727--$78,727
Fees for Services Other$68,412--$68,412
Other Employee Benefits$43,763$5,600-$49,363
Fees for Services Accounting-$49,079-$49,079
Pension Plan Contributions$37,666$4,819-$42,485
Insurance$38,688$2,036-$40,724
Fees for Service Investment Mgmnt Fees-$36,012-$36,012
All Other Expenses$20,132$1,559-$21,691
Other Expenses$16,220$220-$16,440
Interest$1,942$637-$2,579
Total Functional Expenses$2,591,606$366,970$0$2,958,576

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,958,576
Expenses per Audited Statements$2,922,564
Total Expenses per Audited Statements$2,922,564
Expenses Not Reported on Financial Statements$36,012
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
Other Current Liabilities$32,060
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 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
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 11B

“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

Signing Officer

Name
Steve Baldwin
Title
President
Phone
8474680490
Signed
2022-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Baldwin
Formed
1968
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
55
Volunteers
11

Preparer

Firm
Wipfli Llp
Address
100 TRI-STATE INTERNATIONAL STE 300, LINCOLNSHIRE, IL 60069
Preparer
James O Giese
Phone
8479410100
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“There were no changes to the audit selection process from the prior year.”

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, 2021 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 august 31, 2017.”

Raw XML AppendixShowing 400 of 482 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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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SUMMIT SCHOOL PROVIDES A HIGHLY INDIVIDUALIZED AND STRUCTURED SETTING FOR PRESCHOOL, ELEMENTARY, JUNIOR HIGH AND HIGH SCHOOL STUDENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05876562
IRS990/NetAssetsOrFundBalancesEOYAmt06222286
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt027282
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt027282
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0632062
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05876562
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt06222286
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05600
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt043763
IRS990/OtherEmployeeBenefitsGrp/TotalAmt049363
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2BOOKS AND SUPPLIES
IRS990/OtherExpensesGrp/Desc3OTHER SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05274
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12909
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2220
IRS990/OtherExpensesGrp/ProgramServicesAmt0100202
IRS990/OtherExpensesGrp/ProgramServicesAmt155265
IRS990/OtherExpensesGrp/ProgramServicesAmt223954
IRS990/OtherExpensesGrp/ProgramServicesAmt316220
IRS990/OtherExpensesGrp/TotalAmt0105476
IRS990/OtherExpensesGrp/TotalAmt158174
IRS990/OtherExpensesGrp/TotalAmt223954
IRS990/OtherExpensesGrp/TotalAmt316440
IRS990/OtherLiabilitiesGrp/BOYAmt0384261
IRS990/OtherLiabilitiesGrp/EOYAmt032060
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0107637
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01826010
IRS990/OtherSalariesAndWagesGrp/TotalAmt01933647
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017697
IRS990/PayrollTaxesGrp/ProgramServicesAmt0138312
IRS990/PayrollTaxesGrp/TotalAmt0156009
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04819
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt037666
IRS990/PensionPlanContributionsGrp/TotalAmt042485
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0900
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02350
IRS990/PrincipalOfficerNm0STEVE BALDWIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1SCHOOL ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01608537
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt118174
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01608537
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt118174
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/ExpenseAmt0510643
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt037335
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0863037
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0123126
IRS990/PYOtherExpensesAmt0575172
IRS990/PYOtherRevenueAmt026488
IRS990/PYProgramServiceRevenueAmt01849758
IRS990/PYRevenuesLessExpensesAmt02014
IRS990/PYSalariesCompEmpBnftPaidAmt02285223
IRS990/PYTotalExpensesAmt02860395
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02862409
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-286338
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt027282
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01589376
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/BookValueAmt01025116
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01609300
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02634416
IRS990ScheduleD/EquipmentGrp/BookValueAmt025673
IRS990ScheduleD/EquipmentGrp/DepreciationAmt063526
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt089199
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt036012
IRS990ScheduleD/ExpensesSubtotalAmt02922564
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt036012
IRS990ScheduleD/InvestmentExpensesNotIncldAmt036012
IRS990ScheduleD/LandGrp/BookValueAmt0240795
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0240795
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0566559
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0959461
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01526020
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0632062
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt032060
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER CURRENT LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt0632062
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt036012
IRS990ScheduleD/RevenueSubtotalAmt02636226
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, 2021 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 AUGUST 31, 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01858143
IRS990ScheduleD/TotalExpensesPerForm990Amt02958576
IRS990ScheduleD/TotalLiabilityAmt032060
IRS990ScheduleD/TotalRevenuePerForm990Amt02672238
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03268288
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02922564
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.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1PLEASE SEE SCHEDULE OF CONTRIBUTORS, SCHEDULE B, FOR A LIST OF AID RECEIVED FROM GOVERNMENT SOURCES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROVIDES ALL MEMBERS A COPY OF THE 990 RETURN TO REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT MONITORS AND ENFORCES COMPLIANCE WITHIN THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE WERE NO CHANGES TO THE AUDIT SELECTION PROCESS FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL

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Filings

Displayed year

2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$6,323,370
Liabilities
$101,084
Net assets
$6,222,286
Revenue
$2,672,238
Expenses
$2,958,576
Net income
-$286,338
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