Civic Intelligence

Tower Education Association

990 • Fiscal year 2018 • EIN 38-3235125

Jul 01, 2017 to Jun 30, 2018 • Filed on Jul 27, 2018

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

87th percentile

0.74x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

87th percentile

1.26x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

43rd percentile

0.9%

Higher net margin than 43% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

78th percentile

$125,149

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

58th percentile

3.5%

Faster asset growth than 58% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

71st percentile

16%

Faster revenue growth than 71% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$3,847,473

Up $128,793 (+3.5%) from 2017

Net Assets

Up

$1,018,769

Up $19,387 (+1.9%) from 2017

Liabilities

Up

$2,828,704

Up $109,406 (+4.0%) from 2017

Revenue

Up

$2,238,296

Up $313,356 (+16%) from 2017

Expenses

Up

$2,218,909

Up $109,532 (+5.2%) from 2017

Net Income

Up

$19,387

Up $203,824 (+111%) from 2017

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

2018

Assets$3,847,473
Liabilities$2,828,704
Net Assets$1,018,769

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

2018

Revenue$2,238,296
Expenses$2,218,909
Net Income$19,387
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jul 27, 2018
Return Version
2017v2.3
Gross Receipts
$2,254,794
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$3,287,191$3,245,892▼ $41,299
Savings and Temporary Cash Investments$358,567$396,645▲ $38,078
Loans From Officers Directors$247,440$237,666▼ $9,774
Pledges and Grants Receivable-$79,200-
Accounts Receivable$15,610$54,515▲ $38,905
Cash and Non-Interest-Bearing Accounts$27,528$36,732▲ $9,204
Investments in Publicly Traded Securities$29,784$34,144▲ $4,360
Prepaid Expenses and Deferred Charges-$345-
Total Assets$3,718,680$3,847,473▲ $128,793
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,799,425$1,749,107▼ $50,318
Deferred Revenue$544,246$722,733▲ $178,487
Accounts Payable and Accrued Expenses$128,187$119,198▼ $8,989
Total Liabilities$2,719,298$2,828,704▲ $109,406
Net Assets / Fund Balance
Unrestricted Net Assets$975,882$929,314▼ $46,568
Temporarily Rstr Net Assets$23,500$89,455▲ $65,955
Total Net Assets Fund Balance$999,382$1,018,769▲ $19,387
Total Liabilities and Net Assets / Fund Balance$3,718,680$3,847,473▲ $128,793

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,654,770$308,621$1,963,391
Land$1,550,000-$1,550,000
Equipment$41,122$144,837$185,959
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Walter LandbergHeadmasterFT$125,149$125,149
Kimberley GuzielFinance ManaFT$50,543$50,543

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$193,809
Program Service Revenue
$2,049,009
Investment Income
$1,228
Other Revenue
$-5,750
All Other Contributions
$145,242
Change in Net Assets
$19,387
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,237,859
Other Expenses$509,595
Grants and Similar Amounts Paid$471,455
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$837,675$55,973-$893,648
Grants to Domestic Individuals$471,455--$471,455
Current Officers, Directors, Trustees, and Key Employees-$219,514-$219,514
Interest$3,452$81,973-$85,425
Payroll Taxes$71,148$5,340-$76,488
Depreciation Depletion$64,474--$64,474
All Other Expenses$46,467$12,225-$58,692
Occupancy$44,412$6,324-$50,736
Other Employee Benefits$48,008$201-$48,209
Office Expenses$1,428$14,756-$16,184
Advertising$8,219$6,724-$14,943
Fees for Services Management-$14,633-$14,633
Insurance$3,622$10,867-$14,489
Other Expenses$14,145$11,152-$14,145
Fees for Services Accounting-$10,995-$10,995
Fees for Services Legal-$3,920-$3,920
Travel-$2,991-$2,991
Total Functional Expenses$1,761,321$457,588$0$2,218,909
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$16,498
Fundraising Gross Income$10,505
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$59,072$10,505$7,459$3,046
Total Events$59,072$10,505$16,498$-5,993
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$247,440$237,666▼ $9,774
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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
Tower Education Association
EIN
38-3235125
Phone
7349717991
Address
2203 PLATT ROAD, ANN ARBOR, MI 48104
Doing Business As
Summers-knoll School

Signing Officer

Name
Preeti Schaden
Title
President
Phone
7349717991
Signed
2018-07-27

Organization Details

Principal Officer
Preeti Schaden
Formed
1995
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
9
Employees
57
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.

Form 990, Part XI, Line 9

Special event expense 0 special event expense 0

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IRS990/LandBldgEquipCostOrOtherBssAmt03699350
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0247440
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0237666
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01799425
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01749107
IRS990/NetAssetsOrFundBalancesBOYAmt0999382
IRS990/NetAssetsOrFundBalancesEOYAmt01018769
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-5993
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-5993
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt06324
IRS990/OccupancyGrp/ProgramServicesAmt044412
IRS990/OccupancyGrp/TotalAmt050736
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014756
IRS990/OfficeExpensesGrp/ProgramServicesAmt01428
IRS990/OfficeExpensesGrp/TotalAmt016184
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0201
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt048008
IRS990/OtherEmployeeBenefitsGrp/TotalAmt048209
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1CORE CLASSROOM PROGRAM EX
IRS990/OtherExpensesGrp/Desc2CAMP EXPENSES
IRS990/OtherExpensesGrp/Desc3EQUIPMENT LEASE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011152
IRS990/OtherExpensesGrp/ProgramServicesAmt063193
IRS990/OtherExpensesGrp/ProgramServicesAmt154085
IRS990/OtherExpensesGrp/ProgramServicesAmt229538
IRS990/OtherExpensesGrp/ProgramServicesAmt314145
IRS990/OtherExpensesGrp/TotalAmt074345
IRS990/OtherExpensesGrp/TotalAmt154085
IRS990/OtherExpensesGrp/TotalAmt229538
IRS990/OtherExpensesGrp/TotalAmt314145
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0243
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0243
IRS990/OtherRevenueTotalAmt0243
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt055973
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0837675
IRS990/OtherSalariesAndWagesGrp/TotalAmt0893648
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05340
IRS990/PayrollTaxesGrp/ProgramServicesAmt071148
IRS990/PayrollTaxesGrp/TotalAmt076488
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt079200
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0345
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/RelatedOrExemptFuncIncomeAmt01668746
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1341226
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt235891
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt33146
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01668746
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1341226
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt235891
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt33146
IRS990/ProgSrvcAccomActy2Grp/Desc0AFTER SCHOOL PROGRAMS - THESE PROGRAMS ARE OFFERED TO STUDENTS AS EXTRACURRICULAR ACTIVITIES AFTER SCHOOL HOURS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt076970
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt035891
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/ExpenseAmt0158231
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0341226
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/PYContributionsGrantsAmt044290
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0335774
IRS990/PYInvestmentIncomeAmt0930
IRS990/PYOtherExpensesAmt0484046
IRS990/PYOtherRevenueAmt051084
IRS990/PYProgramServiceRevenueAmt01828636
IRS990/PYRevenuesLessExpensesAmt0-184437
IRS990/PYSalariesCompEmpBnftPaidAmt01289557
IRS990/PYTotalExpensesAmt02109377
IRS990/PYTotalRevenueAmt01924940
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt019387
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01671892
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0358567
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0396645
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01654770
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0308621
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01963391
IRS990ScheduleD/EquipmentGrp/BookValueAmt041122
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0144837
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0185959
IRS990ScheduleD/LandGrp/BookValueAmt01550000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01550000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03245892
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/CharitableContributionsTotAmt048567
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt048567
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016498
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt02834
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt02834
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt04805
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt04805
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt059072
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt059072
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt010505
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt010505
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-5993
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07459
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07459
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt01400
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt01400
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0471455
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID/SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt039
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/BalanceDueAmt0142083
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt195583
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/TotalBalanceDueAmt0237666
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.

Document Assets

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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
2018Detailed filing. Detailed filing data is available for this year.$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
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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