Civic Intelligence

The Summit League

EIN 39-1417116 • 501(c)3 • Sioux Falls, SD

Profile

The Summit League Conference was organized to maintain and administer a not for profit conference of universities participating in college sports and education. The Conference also provides drug education, training, and awareness programs.

4000 N Brendan Ln Ste 200Sioux Falls, SD 57107

www.thesummitleague.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

78th percentile

0.55x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

76th percentile

0.72x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

44th percentile

2.3%

Higher net margin than 44% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

90th percentile

$474,758

Higher top officer pay than 90% of similar nonprofits.

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

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

48th percentile

3.8%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

24th percentile

-5.9%

Faster revenue growth than 24% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$11,246,848

Up $416,423 (+3.8%) from 2024

Liabilities

Up

$6,145,825

Up $219,831 (+3.7%) from 2024

Net Assets

Up

$5,101,023

Up $196,592 (+4.0%) from 2024

Revenue

Down

$8,488,037

Down $536,718 (-5.9%) from 2024

Expenses

Up

$8,291,445

Up $113,205 (+1.4%) from 2024

Net Income

Down

$196,592

Down $649,923 (-77%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2011: $2,114,097Liabilities 2011: $101,330Net Assets 2011: $2,012,7672011Assets 2012: $2,324,471Liabilities 2012: $155,204Net Assets 2012: $2,169,2672012Assets 2013: $2,513,445Liabilities 2013: $173,944Net Assets 2013: $2,339,5012013Assets 2014: $2,591,340Liabilities 2014: $496,364Net Assets 2014: $2,094,9762014Assets 2015: $2,830,839Liabilities 2015: $235,728Net Assets 2015: $2,595,1112015Assets 2016: $2,433,534Liabilities 2016: $59,301Net Assets 2016: $2,374,2332016Assets 2017: $7,571,789Liabilities 2017: $5,310,254Net Assets 2017: $2,261,5352017Assets 2018: $7,468,590Liabilities 2018: $5,033,395Net Assets 2018: $2,435,1952018Assets 2019: $7,368,495Liabilities 2019: $4,383,912Net Assets 2019: $2,984,5832019Assets 2020: $5,093,389Liabilities 2020: $1,873,766Net Assets 2020: $3,219,6232020Assets 2021: $12,416,599Liabilities 2021: $9,257,133Net Assets 2021: $3,159,4662021Assets 2022: $11,397,626Liabilities 2022: $7,814,041Net Assets 2022: $3,583,5852022Assets 2023: $10,561,307Liabilities 2023: $6,503,391Net Assets 2023: $4,057,9162023Assets 2024: $10,830,425Liabilities 2024: $5,925,994Net Assets 2024: $4,904,4312024Assets 2025: $11,246,848Liabilities 2025: $6,145,825Net Assets 2025: $5,101,0232025

Highlighted filing

2025

Assets$11,246,848
Liabilities$6,145,825
Net Assets$5,101,023

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $4,450,221Expenses 2011: $4,155,330Net Income 2011: $294,8912011Expenses 2012: $4,571,1852012Revenue 2013: $4,948,679Expenses 2013: $4,778,436Net Income 2013: $170,2432013Revenue 2014: $5,316,349Expenses 2014: $5,560,874Net Income 2014: -$244,5252014Revenue 2015: $6,100,685Expenses 2015: $5,600,550Net Income 2015: $500,1352015Revenue 2016: $5,851,123Expenses 2016: $6,072,001Net Income 2016: -$220,8782016Revenue 2017: $5,946,855Expenses 2017: $6,059,553Net Income 2017: -$112,6982017Revenue 2018: $6,178,321Expenses 2018: $6,004,661Net Income 2018: $173,6602018Revenue 2019: $8,443,616Expenses 2019: $7,894,228Net Income 2019: $549,3882019Revenue 2020: $8,618,690Expenses 2020: $8,383,650Net Income 2020: $235,0402020Revenue 2021: $5,663,074Expenses 2021: $6,944,398Net Income 2021: -$1,281,3242021Revenue 2022: $6,784,284Expenses 2022: $6,370,400Net Income 2022: $413,8842022Revenue 2023: $8,702,276Expenses 2023: $8,227,945Net Income 2023: $474,3312023Revenue 2024: $9,024,755Expenses 2024: $8,178,240Net Income 2024: $846,5152024Revenue 2025: $8,488,037Expenses 2025: $8,291,445Net Income 2025: $196,5922025

Highlighted filing

2025

Revenue$8,488,037
Expenses$8,291,445
Net Income$196,592

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$11.2$6.15$5.10$8.49$8.29$0.20
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$5.93$4.90$9.02$8.18$0.85
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$6.50$4.06$8.70$8.23$0.47
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$7.81$3.58$6.78$6.37$0.41
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$9.26$3.16$5.66$6.94$1.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.09$1.87$3.22$8.62$8.38$0.24
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.37$4.38$2.98$8.44$7.89$0.55
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.47$5.03$2.44$6.18$6.00$0.17
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.57$5.31$2.26$5.95$6.06$0.11
2016Detailed filing. Detailed filing data is available for this year.$2.43$0.06$2.37$5.85$6.07$0.22
2015Detailed filing. Detailed filing data is available for this year.$2.83$0.24$2.60$6.10$5.60$0.50
2014Detailed filing. Detailed filing data is available for this year.$2.59$0.50$2.09$5.32$5.56$0.24
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.51$0.17$2.34$4.95$4.78$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.32$0.16$2.17$4.57
2011Summary only. Only limited summary data is available for this year.$2.11$0.10$2.01$4.45$4.16$0.29
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 7, 2026
Return Version
2024v5.0
Gross Receipts
$8,488,037
Mission and Program Overview

Mission

The summit league (the organization) is an intercollegiate athletic conference that provides academic support to student athletes of member instituions while creating a highly competitive athletic environment to provide potential future opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,568,922$5,264,582▲ $1,695,660
Investments in Publicly Traded Securities$5,878,125$5,133,002▼ $745,123
Cash and Non-Interest-Bearing Accounts$1,383,378$849,264▼ $534,114
Total Assets$10,830,425$11,246,848▲ $416,423
Liabilities
Grants Payable$5,883,782$6,026,480▲ $142,698
Accounts Payable and Accrued Expenses$42,212$119,345▲ $77,133
Total Liabilities$5,925,994$6,145,825▲ $219,831
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,904,431$5,101,023▲ $196,592
Total Net Assets Fund Balance$4,904,431$5,101,023▲ $196,592
Total Liabilities and Net Assets / Fund Balance$10,830,425$11,246,848▲ $416,423

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$38,567$38,567
Equipment-$8,181$8,181
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Josh FentonCommissionerFT$355,379$119,379$474,758
Myndee Kay LarsenDeputy CommiFT$218,916$31,933$250,849
Myndee Kay LarsenDeputy Commissioner-$215,916$34,933$250,849

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$183,900
Program Service Revenue
$7,882,487
Investment Income
$421,650
Other Revenue
$0
All Other Contributions
$183,900
Change in Net Assets
$196,592

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$75,000
Other Non Cash Contri Table1$46,900
Other Non Cash Contri Table1$35,000
Other Non Cash Contri Table1$27,000
Total Noncash Contributions4$183,900

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,488,037
Total Revenue per Audited Statements
$8,488,037
Total Revenue per Form 990
$8,488,037
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,599,124
Salaries, Compensation, and Employee Benefits$1,692,321
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$2,406,191$76,309-$2,482,500
Current Officers, Directors, Trustees, and Key Employees$626,045--$626,045
Other Salaries and Wages$133,225$488,718-$621,943
Other Employee Benefits$156,732$115,537-$272,269
Advertising$71,972$107,957-$179,929
Occupancy-$117,085-$117,085
Other Expenses$103,500--$103,500
Pension Plan Contributions$57,171$39,357-$96,528
Insurance-$91,024-$91,024
Payroll Taxes$43,811$31,725-$75,536
Office Expenses$3,183$68,740-$71,923
Conferences and Meetings$61,751--$61,751
All Other Expenses$23,182$19,814-$42,996
Travel$14,654$24,951-$39,605
Fees for Services Accounting-$28,033-$28,033
Total Functional Expenses$7,082,195$1,209,250$0$8,291,445

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,291,445
Total Expenses per Audited Statements$8,291,445
Total Expenses per Form 990$8,291,445
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The summit league has members that represent each individual university in the conference.

Form 990, Page 6, Part VI, Line 7A

Members are elected each year and their rights in regards to roles are described in policies supplied.

Form 990, Page 6, Part VI, Line 7B

Decisions subject to approval of members is inclusive of donor advised funds and sponsorship.

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

The commissioner, accountant, and office operations manager review the 990 prior to filing with the irs.

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

SEE BOARD LISTING

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

SEE BOARD LISTING

Form 990, Page 6, Part VI, Line 19

Available upon request at the league office.

Filing and Contact Details

Filer

Filer Name
The Summit League
EIN
39-1417116
Phone
6305160661
Address
4000 N BRENDAN LN STE 200, SIOUX FALLS, SD 57107

Signing Officer

Name
Josh Fenton
Title
Commissioner
Phone
6052718481
Signed
2026-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Josh Fenton
Formed
1982
Legal Domicile
Sd
Voting Board Members
9
Independent Board Members
0
Employees
13
Volunteers
10

Preparer

Firm
Elo Prof LLC
Address
PO BOX 249, MITCHELL, SD 57301
Preparer
Lucas H Hauert CPA
Phone
6059967717
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The summit league (the organization) is an intercollegiate athletic conference that provides academic support to student athletes of member instituions while creating a highly competitive athletic environment to provide potential future opportunities.

Form 990, Part IX, Line 11G

Professional fees 0 76,309 0 officiating & coordinator fee 2,406,191 0 0 total 2,406,191 76,309 0

Raw XML AppendixShowing 400 of 492 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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IRS990ScheduleA/InvestmentIncomePYPct00.02000
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MYNDEE KAY LARSEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0COMMISSIONER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DEPUTY COMMISSIONER
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IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0FMV RENT
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1FOOD & BEVERAGE
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc2EQUIPMENT
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc3MARKETING/PROMO
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SUMMIT LEAGUE (THE ORGANIZATION) IS AN INTERCOLLEGIATE ATHLETIC CONFERENCE THAT PROVIDES ACADEMIC SUPPORT TO STUDENT ATHLETES OF MEMBER INSTITUIONS WHILE CREATING A HIGHLY COMPETITIVE ATHLETIC ENVIRONMENT TO PROVIDE POTENTIAL FUTURE OPPORTUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SUMMIT LEAGUE HAS MEMBERS THAT REPRESENT EACH INDIVIDUAL UNIVERSITY IN THE CONFERENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS ARE ELECTED EACH YEAR AND THEIR RIGHTS IN REGARDS TO ROLES ARE DESCRIBED IN POLICIES SUPPLIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DECISIONS SUBJECT TO APPROVAL OF MEMBERS IS INCLUSIVE OF DONOR ADVISED FUNDS AND SPONSORSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMMISSIONER, ACCOUNTANT, AND OFFICE OPERATIONS MANAGER REVIEW THE 990 PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SEE BOARD LISTING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SEE BOARD LISTING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AVAILABLE UPON REQUEST AT THE LEAGUE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8PROFESSIONAL FEES 0 76,309 0 OFFICIATING & COORDINATOR FEE 2,406,191 0 0 TOTAL 2,406,191 76,309 0

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