Civic Intelligence

Tower Education Association

990 • Fiscal year 2016 • EIN 38-3235125

Jul 01, 2015 to Jun 30, 2016 • Filed on Oct 21, 2016

2203 Platt RoadAnn Arbor, MI 48104

(734) 971-7991

Siviq Scores

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

Liabilities / Assets

85th percentile

0.70x

Higher debt load relative to assets than 85% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

87th percentile

1.35x

Higher debt load relative to revenue than 87% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

34th percentile

-2.5%

Higher net margin than 34% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

67th percentile

$96,071

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

45th percentile

0.1%

Faster asset growth than 45% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

23rd percentile

-11%

Faster revenue growth than 23% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$3,898,921

Up $3,129 (+0.1%) from 2015

Net Assets

Down

$1,183,819

Down $50,221 (-4.1%) from 2015

Liabilities

Up

$2,715,102

Up $53,350 (+2.0%) from 2015

Revenue

Down

$2,007,062

Down $239,251 (-11%) from 2015

Expenses

Down

$2,057,283

Down $54,259 (-2.6%) from 2015

Net Income

Down

-$50,221

Down $184,992 (-137%) from 2015

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $2,993,212Liabilities 2011: $1,713,620Net Assets 2011: $1,279,5922011Assets 2012: $4,386,451Liabilities 2012: $3,046,476Net Assets 2012: $1,339,9752012Assets 2013: $3,884,914Liabilities 2013: $2,951,999Net Assets 2013: $932,9152013Assets 2014: $4,017,722Liabilities 2014: $2,918,453Net Assets 2014: $1,099,2692014Assets 2015: $3,895,792Liabilities 2015: $2,661,752Net Assets 2015: $1,234,0402015Assets 2016: $3,898,921Liabilities 2016: $2,715,102Net Assets 2016: $1,183,8192016Assets 2017: $3,718,680Liabilities 2017: $2,719,298Net Assets 2017: $999,3822017Assets 2018: $3,847,473Liabilities 2018: $2,828,704Net Assets 2018: $1,018,7692018Assets 2019: $3,812,582Liabilities 2019: $2,576,843Net Assets 2019: $1,235,7392019Assets 2020: $3,807,664Liabilities 2020: $2,498,427Net Assets 2020: $1,309,2372020Assets 2021: $4,112,014Liabilities 2021: $2,699,251Net Assets 2021: $1,412,7632021Assets 2022: $4,618,659Liabilities 2022: $2,663,620Net Assets 2022: $1,955,0392022Assets 2023: $3,888,238Liabilities 2023: $2,316,692Net Assets 2023: $1,571,5462023

Highlighted filing

2016

Assets$3,898,921
Liabilities$2,715,102
Net Assets$1,183,819

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $795,8992011Revenue 2012: $1,332,765Expenses 2012: $1,246,916Net Income 2012: $85,8492012Revenue 2013: $1,171,978Expenses 2013: $1,582,518Net Income 2013: -$410,5402013Revenue 2014: $1,754,700Expenses 2014: $1,611,400Net Income 2014: $143,3002014Revenue 2015: $2,246,313Expenses 2015: $2,111,542Net Income 2015: $134,7712015Revenue 2016: $2,007,062Expenses 2016: $2,057,283Net Income 2016: -$50,2212016Revenue 2017: $1,924,940Expenses 2017: $2,109,377Net Income 2017: -$184,4372017Revenue 2018: $2,238,296Expenses 2018: $2,218,909Net Income 2018: $19,3872018Revenue 2019: $2,682,500Expenses 2019: $2,465,530Net Income 2019: $216,9702019Revenue 2020: $2,548,809Expenses 2020: $2,475,311Net Income 2020: $73,4982020Revenue 2021: $2,292,762Expenses 2021: $2,143,840Net Income 2021: $148,9222021Revenue 2022: $3,110,758Expenses 2022: $2,565,657Net Income 2022: $545,1012022Revenue 2023: $1,746,084Expenses 2023: $2,132,939Net Income 2023: -$386,8552023

Highlighted filing

2016

Revenue$2,007,062
Expenses$2,057,283
Net Income-$50,221
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 21, 2016
Return Version
2015v2.1
Gross Receipts
$2,019,325
Mission and Program Overview

Mission

Summers-knoll school exists to prepare children for the future through a challenging academic program that considers the whole child in a supportive, encouraging, and joyful environment.

Summers-knoll school exists to enable bright, creative, and gifted children to realize their unique academic, social, and emotional potential in a beautiful, loving setting. Summers-knoll provides a unique learning experience, in which each child can reach his or her own educational goals within an environment that is safe, supportive, and nurturing. It is the objective of the teachers, the administrators, and the school community to provide an experience for our children that creates a love of learning by encouraging each child to achieve to his or her own unique potential without pressure. Our curriculum is child-centered, with a variety of subjects woven into a rich tapestry of solid academics, artistic expression, and public service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,388,896$3,343,577▼ $45,319
Savings and Temporary Cash Investments$432,948$482,914▲ $49,966
Loans From Officers Directors$455,000$324,000▼ $131,000
Cash and Non-Interest-Bearing Accounts$28,546$39,511▲ $10,965
Investments in Publicly Traded Securities$22,564$24,714▲ $2,150
Accounts Receivable$806$6,205▲ $5,399
Pledges and Grants Receivable$22,032$2,000▼ $20,032
Total Assets$3,895,792$3,898,921▲ $3,129
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,696,823$1,859,335▲ $162,512
Deferred Revenue$389,576$403,015▲ $13,439
Accounts Payable and Accrued Expenses$120,353$128,752▲ $8,399
Total Liabilities$2,661,752$2,715,102▲ $53,350
Net Assets / Fund Balance
Unrestricted Net Assets$1,170,167$1,180,320▲ $10,153
Temporarily Rstr Net Assets$63,873$3,499▼ $60,374
Total Net Assets Fund Balance$1,234,040$1,183,819▼ $50,221
Total Liabilities and Net Assets / Fund Balance$3,895,792$3,898,921▲ $3,129

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,764,031$206,385$1,970,416
Land$1,542,475-$1,542,475
Equipment$37,071$121,565$158,636
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joanna HastingsHeadmasterFT$96,071$96,071
Kimberley GuzielFinance ManaFT$50,263$50,263

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$48,117
Program Service Revenue
$1,914,420
Investment Income
$99
Other Revenue
$44,426
All Other Contributions
$48,117
Change in Net Assets
$-50,221
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,207,926
Other Expenses$553,912
Grants and Similar Amounts Paid$295,445
Total Fundraising Expense$10,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$738,183$166,286-$904,469
Grants to Domestic Individuals$295,445--$295,445
Current Officers, Directors, Trustees, and Key Employees-$149,998-$149,998
Interest-$91,317-$91,317
Payroll Taxes$60,345$27,054-$87,399
All Other Expenses$58,371$19,386-$77,757
Other Employee Benefits$51,837$14,223-$66,060
Depreciation Depletion$56,401$6,267-$62,668
Occupancy$50,097$5,568-$55,665
Fees for Services Management-$36,246-$36,246
Insurance-$22,809-$22,809
Other Expenses$7,130$11,596$10,000$17,130
Advertising-$12,729-$12,729
Travel-$11,936-$11,936
Office Expenses-$11,103-$11,103
Fees for Services Legal-$7,752-$7,752
Fees for Services Accounting-$1,423-$1,423
Total Functional Expenses$1,445,028$602,255$10,000$2,057,283
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$56,302
Fundraising Direct Expenses$12,263
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$56,302$56,302$12,263$44,039
Total Events$56,302$56,302$12,263$44,039
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$455,000$324,000▼ $131,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
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
No

Governance Explanations

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

Draft of the return is given to the board for review and final approval before it is filed.

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

Summers-knoll board members, upon election to the board of directors, read the conflict of interest policy, give the appropriate information and sign the individual conflict of interest document as part of the board membership documents packet. Board members are requested to update their information on an annual basis.

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

Contract as negotiated with the board. For comparability of compensation, the organization uses association of independent michagan schools (aims), national association of independent schools (nais) and independent school association of the central states (isacs)

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

Contract as negotiated with the board

Form 990, Page 6, Part VI, Line 19

990's are public information and are available online - guidestar; also documents are available to individuals upon request.

Filing and Contact Details

Filer

Filer Name
Summers-knoll School
EIN
38-3235125
Phone
7349717991
Address
2203 PLATT ROAD, ANN ARBOR, MI 48104
Doing Business As
Tower Education Association

Signing Officer

Name
Preeti Schaden
Title
President
Phone
7349717991
Signed
2016-10-21

Organization Details

Principal Officer
Preeti Schaden
Formed
1995
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
5
Employees
59
Volunteers
30

Preparer

Firm
Yeo & Yeo Pc
Address
1450 EISENHOWER PLACE, ANN ARBOR, MI 48108-3283
Preparer
THOMAS A O'SULLIVAN
Phone
7347691331
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Summers-knoll school exists to enable bright, creative, and gifted children to realize their unique academic, social, and emotional potential in a beautiful, loving setting. Summers-knoll provides a unique learning experience, in which each child can reach his or her own educational goals within an environment that is safe, supportive, and nurturing. It is the objective of the teachers, the administrators, and the school community to provide an experience for our children that creates a love of learning by encouraging each child to achieve to his or her own unique potential without pressure. Our curriculum is child-centered, with a variety of subjects woven into a rich tapestry of solid academics, artistic expression, and public service.

Form 990, Page 2, Part III, Line 4D

Summer camp program - this is a summer program offered after the end of the school year. It is offered to both students in and out of the summers-knoll community.

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IRS990/MissionDesc0SUMMERS-KNOLL SCHOOL EXISTS TO ENABLE BRIGHT, CREATIVE, AND GIFTED CHILDREN TO REALIZE THEIR UNIQUE ACADEMIC, SOCIAL, AND EMOTIONAL POTENTIAL IN A BEAUTIFUL, LOVING SETTING. SUMMERS-KNOLL PROVIDES A UNIQUE LEARNING EXPERIENCE, IN WHICH EACH CHILD CAN REACH HIS OR HER OWN EDUCATIONAL GOALS WITHIN AN ENVIRONMENT THAT IS SAFE, SUPPORTIVE, AND NURTURING. IT IS THE OBJECTIVE OF THE TEACHERS, THE ADMINISTRATORS, AND THE SCHOOL COMMUNITY TO PROVIDE AN EXPERIENCE FOR OUR CHILDREN THAT CREATES A LOVE OF LEARNING BY ENCOURAGING EACH CHILD TO ACHIEVE TO HIS OR HER OWN UNIQUE POTENTIAL WITHOUT PRESSURE. OUR CURRICULUM IS CHILD-CENTERED, WITH A VARIETY OF SUBJECTS WOVEN INTO A RICH TAPESTRY OF SOLID ACADEMICS, ARTISTIC EXPRESSION, AND PUBLIC SERVICE.
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IRS990/OccupancyGrp/TotalAmt055665
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011103
IRS990/OfficeExpensesGrp/TotalAmt011103
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014223
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt051837
IRS990/OtherEmployeeBenefitsGrp/TotalAmt066060
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1CORE CLASSROOM PROGRAM EX
IRS990/OtherExpensesGrp/Desc2CAMP EXPENSES
IRS990/OtherExpensesGrp/Desc3BAD DEBT
IRS990/OtherExpensesGrp/FundraisingAmt010000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06562
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111596
IRS990/OtherExpensesGrp/ProgramServicesAmt059063
IRS990/OtherExpensesGrp/ProgramServicesAmt158003
IRS990/OtherExpensesGrp/ProgramServicesAmt210153
IRS990/OtherExpensesGrp/ProgramServicesAmt37130
IRS990/OtherExpensesGrp/TotalAmt065625
IRS990/OtherExpensesGrp/TotalAmt158003
IRS990/OtherExpensesGrp/TotalAmt221749
IRS990/OtherExpensesGrp/TotalAmt317130
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0387
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0387
IRS990/OtherRevenueTotalAmt0387
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0166286
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0738183
IRS990/OtherSalariesAndWagesGrp/TotalAmt0904469
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt027054
IRS990/PayrollTaxesGrp/ProgramServicesAmt060345
IRS990/PayrollTaxesGrp/TotalAmt087399
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt022032
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0PREETI SCHADEN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1SUMMER CAMP
IRS990/ProgramServiceRevenueGrp/Desc2AFTERSCHOOL PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc3PROGRAM SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01609380
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1249811
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt253427
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31802
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01609380
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1249811
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt253427
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31802
IRS990/ProgSrvcAccomActy2Grp/Desc0AFTER SCHOOL PROGRAMS - THESE PROGRAMS ARE OFFERED TO STUDENTS AS EXTRACURRICULAR ACTIVITIES AFTER SCHOOL HOURS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt038417
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt053427
IRS990/ProgSrvcAccomActy3Grp/Desc0BREAK PROGRAMS - THESE ARE PROGRAMS OFFERED TO STUDENTS AND THE COMMUNITY WHEN THE SCHOOL SESSION IS ON BREAK DURING THE SCHOOL YEAR. PROGRAMS ARE OFFERED DURING THE DAY WHILE PARENTS ARE AT WORK.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0136042
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0249811
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SUMMER CAMP PROGRAM - THIS IS A SUMMER PROGRAM OFFERED AFTER THE END OF THE SCHOOL YEAR. IT IS OFFERED TO BOTH STUDENTS IN AND OUT OF THE SUMMERS-KNOLL COMMUNITY.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt040827
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0381135
IRS990/PYInvestmentIncomeAmt086
IRS990/PYOtherExpensesAmt0584236
IRS990/PYOtherRevenueAmt052846
IRS990/PYProgramServiceRevenueAmt02152554
IRS990/PYRevenuesLessExpensesAmt0134771
IRS990/PYSalariesCompEmpBnftPaidAmt01146171
IRS990/PYTotalExpensesAmt02111542
IRS990/PYTotalRevenueAmt02246313
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-50221
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01611182
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0432948
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0482914
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01764031
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0206385
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01970416
IRS990ScheduleD/EquipmentGrp/BookValueAmt037071
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0121565
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0158636
IRS990ScheduleD/LandGrp/BookValueAmt01542475
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01542475
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03343577
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NOTICE OF THE SCHOOL'S NON-DISCRIMINATORY POLICY IS PUBLISHED IN THE REQUIRED TYPE ON THEIR WEBSITE WWW.SUMMERS-KNOLL.ORG.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt012263
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt056302
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt056302
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt056302
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt056302
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt044039
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt012263
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt012263
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0295445
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID/SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt029
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0COST
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ANY FAMILY MAY APPLY FOR ASSISTANCE. TO APPLY THEY MUST FILL OUT AN ONLINE APPLICATION ON THE FAST WEBSITE THROUGH ISM (INDEPENDENT SCHOOL MANAGEMENT). AFTER ALL DATA IS SUBMITTED AND REVIEWED, THE HEAD OF SCHOOL PRESENTS A SUMMARY REQUEST FOR TOTAL FINANCIAL AID TO THE BOARD FOR APPROVAL WITH THE PRELIMINARY BUDGET. IF APPROVED, THEN THE ASSISTANCE, NOT TO EXCEED THE FINANCIAL AID CEILING, IS DISTRIBUTED ACCORDING TO THE ISM GUIDELINES WITH THE DECISION AS TO THE AMOUNT GIVEN INDIVIDUAL FAMILIES RESTING WITH THE HEAD OF SCHOOL.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 4, PART IV
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0200000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1124000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0300000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1175000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0THE ANDRAH FOUNDATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1LOOSEN PERSONAL LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0FOUNDER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1PARENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/TotalBalanceDueAmt0324000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUMMERS-KNOLL SCHOOL EXISTS TO ENABLE BRIGHT, CREATIVE, AND GIFTED CHILDREN TO REALIZE THEIR UNIQUE ACADEMIC, SOCIAL, AND EMOTIONAL POTENTIAL IN A BEAUTIFUL, LOVING SETTING. SUMMERS-KNOLL PROVIDES A UNIQUE LEARNING EXPERIENCE, IN WHICH EACH CHILD CAN REACH HIS OR HER OWN EDUCATIONAL GOALS WITHIN AN ENVIRONMENT THAT IS SAFE, SUPPORTIVE, AND NURTURING. IT IS THE OBJECTIVE OF THE TEACHERS, THE ADMINISTRATORS, AND THE SCHOOL COMMUNITY TO PROVIDE AN EXPERIENCE FOR OUR CHILDREN THAT CREATES A LOVE OF LEARNING BY ENCOURAGING EACH CHILD TO ACHIEVE TO HIS OR HER OWN UNIQUE POTENTIAL WITHOUT PRESSURE. OUR CURRICULUM IS CHILD-CENTERED, WITH A VARIETY OF SUBJECTS WOVEN INTO A RICH TAPESTRY OF SOLID ACADEMICS, ARTISTIC EXPRESSION, AND PUBLIC SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SUMMER CAMP PROGRAM - THIS IS A SUMMER PROGRAM OFFERED AFTER THE END OF THE SCHOOL YEAR. IT IS OFFERED TO BOTH STUDENTS IN AND OUT OF THE SUMMERS-KNOLL COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DRAFT OF THE RETURN IS GIVEN TO THE BOARD FOR REVIEW AND FINAL APPROVAL BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SUMMERS-KNOLL BOARD MEMBERS, UPON ELECTION TO THE BOARD OF DIRECTORS, READ THE CONFLICT OF INTEREST POLICY, GIVE THE APPROPRIATE INFORMATION AND SIGN THE INDIVIDUAL CONFLICT OF INTEREST DOCUMENT AS PART OF THE BOARD MEMBERSHIP DOCUMENTS PACKET. BOARD MEMBERS ARE REQUESTED TO UPDATE THEIR INFORMATION ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACT AS NEGOTIATED WITH THE BOARD. FOR COMPARABILITY OF COMPENSATION, THE ORGANIZATION USES ASSOCIATION OF INDEPENDENT MICHAGAN SCHOOLS (AIMS), NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) AND INDEPENDENT SCHOOL ASSOCIATION OF THE CENTRAL STATES (ISACS)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACT AS NEGOTIATED WITH THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6990'S ARE PUBLIC INFORMATION AND ARE AVAILABLE ONLINE - GUIDESTAR; ALSO DOCUMENTS ARE AVAILABLE TO INDIVIDUALS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
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
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt063873
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt03499
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03895792
IRS990/TotalAssetsEOYAmt03898921
IRS990/TotalAssetsGrp/BOYAmt03895792
IRS990/TotalAssetsGrp/EOYAmt03898921
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt048117
IRS990/TotalEmployeeCnt059
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt010000
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0602255
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01445028
IRS990/TotalFunctionalExpensesGrp/TotalAmt02057283
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02661752
IRS990/TotalLiabilitiesEOYAmt02715102
IRS990/TotalLiabilitiesGrp/BOYAmt02661752
IRS990/TotalLiabilitiesGrp/EOYAmt02715102

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.89$2.32$1.57$1.75$2.13$0.39
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.62$2.66$1.96$3.11$2.57$0.55
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.11$2.70$1.41$2.29$2.14$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.81$2.50$1.31$2.55$2.48$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.81$2.58$1.24$2.68$2.47$0.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.85$2.83$1.02$2.24$2.22$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.72$2.72$1.00$1.92$2.11$0.18
2016Detailed filing. Detailed filing data is available for this year.$3.90$2.72$1.18$2.01$2.06$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.90$2.66$1.23$2.25$2.11$0.13
2014Detailed filing. Detailed filing data is available for this year.$4.02$2.92$1.10$1.75$1.61$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.88$2.95$0.93$1.17$1.58$0.41
2012Summary only. Only limited summary data is available for this year.$4.39$3.05$1.34$1.33$1.25$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.99$1.71$1.28$0.80
Peer Organizations

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