Civic Intelligence

Summit Schools Inc.

990 • Fiscal year 2013 • EIN 41-1472874

Jun 01, 2012 to May 31, 2013 • Filed on Sep 24, 2013

Organization ProfileWWW.SUMMITSCHOOLS.COM

View Organization Page

1010 Regent Street NECedar Rapids, IA 52402
Siviq Scores

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

Liabilities / Assets

79th percentile

0.53x

Higher debt load relative to assets than 79% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

76th percentile

0.51x

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

71st percentile

13%

Higher net margin than 71% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

76th percentile

14%

Faster asset growth than 76% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$1,015,217

Up $122,599 (+14%) from 2012

Net Assets

Up

$480,919

Up $107,769 (+29%) from 2012

Liabilities

Up

$534,298

Up $14,830 (+2.9%) from 2012

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin71st percentile

Revenue

$1,041,460

No earlier filing loaded for comparison.

Expenses

Up

$904,968

Up $49,403 (+5.8%) from 2012

Net Income

$136,492

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $817,980Liabilities 2011: $534,007Net Assets 2011: $283,9732011Assets 2012: $892,618Liabilities 2012: $519,468Net Assets 2012: $373,1502012Assets 2013: $1,015,217Liabilities 2013: $534,298Net Assets 2013: $480,9192013Assets 2014: $821,749Liabilities 2014: $415,203Net Assets 2014: $406,5462014Assets 2015: $726,487Liabilities 2015: $416,349Net Assets 2015: $310,1382015Assets 2016: $776,399Liabilities 2016: $525,326Net Assets 2016: $251,0732016Assets 2017: $845,889Liabilities 2017: $531,436Net Assets 2017: $314,4532017Assets 2018: $927,999Liabilities 2018: $564,106Net Assets 2018: $363,8932018Assets 2019: $968,009Liabilities 2019: $550,271Net Assets 2019: $417,7382019Assets 2020: $1,042,270Liabilities 2020: $598,937Net Assets 2020: $443,3332020Assets 2021: $1,232,201Liabilities 2021: $775,813Net Assets 2021: $456,3882021Assets 2022: $1,306,096Liabilities 2022: $451,621Net Assets 2022: $854,4752022Assets 2023: $1,418,436Liabilities 2023: $448,944Net Assets 2023: $969,4922023Assets 2024: $1,588,473Liabilities 2024: $461,462Net Assets 2024: $1,127,0112024Assets 2025: $1,776,652Liabilities 2025: $416,763Net Assets 2025: $1,359,8892025

Highlighted filing

2013

Assets$1,015,217
Liabilities$534,298
Net Assets$480,919
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $801,2432011Expenses 2012: $855,5652012Revenue 2013: $1,041,460Expenses 2013: $904,968Net Income 2013: $136,4922013Revenue 2014: $887,244Expenses 2014: $928,894Net Income 2014: -$41,6502014Revenue 2015: $824,925Expenses 2015: $886,911Net Income 2015: -$61,9862015Revenue 2016: $808,459Expenses 2016: $858,780Net Income 2016: -$50,3212016Revenue 2017: $1,020,789Expenses 2017: $953,022Net Income 2017: $67,7672017Revenue 2018: $1,072,424Expenses 2018: $1,022,635Net Income 2018: $49,7892018Revenue 2019: $1,108,561Expenses 2019: $1,051,356Net Income 2019: $57,2052019Revenue 2020: $1,081,194Expenses 2020: $1,055,599Net Income 2020: $25,5952020Revenue 2021: $1,032,702Expenses 2021: $1,030,168Net Income 2021: $2,5342021Revenue 2022: $1,505,080Expenses 2022: $1,108,144Net Income 2022: $396,9362022Revenue 2023: $1,298,673Expenses 2023: $1,183,656Net Income 2023: $115,0172023Revenue 2024: $1,492,554Expenses 2024: $1,335,035Net Income 2024: $157,5192024Revenue 2025: $1,804,066Expenses 2025: $1,571,188Net Income 2025: $232,8782025

Highlighted filing

2013

Revenue$1,041,460
Expenses$904,968
Net Income$136,492
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2012 to May 31, 2013
Signed
Sep 24, 2013
Return Version
2012v2.3
Gross Receipts
$1,057,442
Mission and Program Overview

Mission

To assist children in reaching their fullest potential through quality academic education.

Filing and Contact Details

Filer

EIN
41-1472874
Raw XML AppendixShowing 400 of 412 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReview0true
IRS990/AccountantCompileOrReviewBasis/FinancialStatementSeparate0X
IRS990/AccountsPayableAccruedExpenses/BOY030134
IRS990/AccountsPayableAccruedExpenses/EOY039534
IRS990/AccountsReceivable/BOY040716
IRS990/AccountsReceivable/EOY020318
IRS990/ActivitiesConductedPartnership0false
IRS990/ActivityOrMissionDescription0TO ASSIST CHILDREN IN REACHING THEIR FULLEST POTENTIAL THROUGH QUALITY ACADEMIC EDUCATION.
IRS990/AddressPrincipalOfficerUS/AddressLine101010 REGENT STREET NE
IRS990/AddressPrincipalOfficerUS/City0CEDAR RAPIDS
IRS990/AddressPrincipalOfficerUS/State0IA
IRS990/AddressPrincipalOfficerUS/ZIPCode052402
IRS990/Advertising/ProgramServices03426
IRS990/Advertising/Total03426
IRS990/AllOtherContributions0104862
IRS990/AllOtherExpenses/Fundraising04896
IRS990/AllOtherExpenses/ProgramServices064832
IRS990/AllOtherExpenses/Total069728
IRS990/BenefitsPaidToMembersCY00
IRS990/BsnssRltnshpThruFamilyMember0false
IRS990/BsnssRltnshpWithOrganization0false
IRS990/CashNonInterestBearing/BOY024068
IRS990/CashNonInterestBearing/EOY032521
IRS990/ChangesToOrganizingDocs0false
IRS990/CollectionsOfArt0false
IRS990/CompensationFromOtherSources0false
IRS990/CompensationProcessCEO0true
IRS990/CompensationProcessOther0true
IRS990/ConferencesMeetings/ManagementAndGeneral0115
IRS990/ConferencesMeetings/ProgramServices02633
IRS990/ConferencesMeetings/Total02748
IRS990/ConflictOfInterestPolicy0false
IRS990/ConservationEasements0false
IRS990/ConsolidatedAuditFinancialStmt0false
IRS990/ContributionsGrantsCurrentYear0107575
IRS990/ContributionsGrantsPriorYear074020
IRS990/CreditCounseling0false
IRS990/DecisionsSubjectToApproval0false
IRS990/DeductibleContributionsOfArt0false
IRS990/DeductibleNonCashContributions0false
IRS990/DeferredRevenue/BOY0193044
IRS990/DeferredRevenue/EOY0183853
IRS990/DelegationOfManagementDuties0false
IRS990/DescribedIn501C30true
IRS990/Description0TO ENABLE EACH CHILD TO BECOME FULLY FUNCTIONAL, RESPONSIBLE, PRODUCTIVE AND CONTRIBUTING MEMBERS OF SOCIETY. TO ACCOMPLISH THIS, THE SCHOOL WILL OFFER AN EDUCATIONAL PROGRAM OF THE HIGHEST ATTAINABLE QUALITY.
IRS990/DisregardedEntity0false
IRS990/DocumentRetentionPolicy0false
IRS990/DonorAdvisedFunds0false
IRS990/ElectionOfBoardMembers0false
IRS990/EmploymentTaxReturnsFiled0true
IRS990/ExcessBenefitTransaction0false
IRS990/Expense0826424
IRS990/FamilyOrBusinessRelationship0false
IRS990/FederalGrantAuditRequired0false
IRS990/FeesForServicesAccounting/ProgramServices08700
IRS990/FeesForServicesAccounting/Total08700
IRS990/FollowSFAS1170X
IRS990/ForeignActivities0false
IRS990/ForeignFinancialAccount0false
IRS990/ForeignOffice0false
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector5X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector6X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector7X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector8X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector9X
IRS990/Form990PartVIISectionA/NamePerson0DIANE HANDLER
IRS990/Form990PartVIISectionA/NamePerson1LISA WIEBENGA-STROSCHINE
IRS990/Form990PartVIISectionA/NamePerson2ALLISON HECKER
IRS990/Form990PartVIISectionA/NamePerson3MICHAEL WRIGHT
IRS990/Form990PartVIISectionA/NamePerson4BRETT PAPENDICK
IRS990/Form990PartVIISectionA/NamePerson5JOHN HUISKAMP
IRS990/Form990PartVIISectionA/NamePerson6JIM WITTNEBEL
IRS990/Form990PartVIISectionA/NamePerson7SUSAN WOLVERTON
IRS990/Form990PartVIISectionA/NamePerson8EBONY LUENSMAN
IRS990/Form990PartVIISectionA/NamePerson9BRUCE THAYER
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
IRS990/Form990PartVIISectionA/OtherCompensation50
IRS990/Form990PartVIISectionA/OtherCompensation60
IRS990/Form990PartVIISectionA/OtherCompensation70
IRS990/Form990PartVIISectionA/OtherCompensation80
IRS990/Form990PartVIISectionA/OtherCompensation90
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization00
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization10
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization30
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization40
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization50
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization60
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization70
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization80
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization90
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs50
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs60
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs80
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs90
IRS990/Form990PartVIISectionA/Title0BOARD MEMBER
IRS990/Form990PartVIISectionA/Title1BOARD MEMBER
IRS990/Form990PartVIISectionA/Title2BOARD MEMBER
IRS990/Form990PartVIISectionA/Title3BOARD MEMBER
IRS990/Form990PartVIISectionA/Title4BOARD MEMBER
IRS990/Form990PartVIISectionA/Title5BOARD MEMBER
IRS990/Form990PartVIISectionA/Title6BOARD MEMBER
IRS990/Form990PartVIISectionA/Title7BOARD MEMBER
IRS990/Form990PartVIISectionA/Title8BOARD MEMBER
IRS990/Form990PartVIISectionA/Title9BOARD MEMBER
IRS990/Form990ProvidedToGoverningBody0true
IRS990/FormersListed0false
IRS990/FSAudited0false
IRS990/FundraisingActivities0true
IRS990/FundraisingDirectExpenses012799
IRS990/GainOrLoss/Other0-257
IRS990/Gaming0false
IRS990/GovernmentGrants02713
IRS990/GrantsAndSimilarAmntsCY00
IRS990/GrantsToIndividuals0false
IRS990/GrantsToOrganizations0false
IRS990/GrantToRelatedPerson0false
IRS990/GrossIncomeFundraisingEvents055117
IRS990/GrossReceipts01057442
IRS990/GrossRents/Real03984
IRS990/GroupReturnForAffiliates0false
IRS990/Hospital0false
IRS990/IndependentAuditFinancialStmt0false
IRS990/IndoorTanningServices0false
IRS990/InfoInScheduleOPartVI0X
IRS990/Insurance/ProgramServices014194
IRS990/Insurance/Total014194
IRS990/Interest/ProgramServices014081
IRS990/Interest/Total014081
IRS990/InvestmentIncomeCurrentYear03318
IRS990/InvestmentIncomePriorYear03783
IRS990/InvestmentIncome/RelatedOrExemptFunctionIncome03575
IRS990/InvestmentIncome/TotalRevenueColumn03575
IRS990/InvestmentInJointVenture0false
IRS990/LandBldgEquipmentAccumDeprec0272485
IRS990/LandBuildingsEquipmentBasis0888128
IRS990/LandBuildingsEquipmentBasisNet/BOY0516709
IRS990/LandBuildingsEquipmentBasisNet/EOY0615643
IRS990/LessCostOthBasisSalesExpenses/Other0257
IRS990/LessRentalExpenses/Real02926
IRS990/LoanToOfficerOrDQP0false
IRS990/LobbyingActivities0false
IRS990/LocalChapters0false
IRS990/MaterialDiversionOrMisuse0false
IRS990/MembersOrStockholders0false
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees0true
IRS990/MinutesOfGoverningBody0true
IRS990/MissionDescription0TO ASSIST CHILDREN IN REACHING THEIR FULLEST POTENTIAL THROUGH QUALITY ACADEMIC EDUCATION.
IRS990/MoreThan5000KToIndividuals0false
IRS990/MoreThan5000KToOrganizations0false
IRS990/MortNotesPyblSecuredInvestProp/BOY0296290
IRS990/MortNotesPyblSecuredInvestProp/EOY0310911
IRS990/NameOfPrincipalOfficerPerson0GRETCHEN PRICE
IRS990/NbrIndependentVotingMembers010
IRS990/NbrVotingGoverningBodyMembers010
IRS990/NbrVotingMembersGoverningBody010
IRS990/NetAssetsOrFundBalancesBOY0373150
IRS990/NetAssetsOrFundBalancesEOY0480919
IRS990/NetGainOrLossInvestments/RelatedOrExemptFunctionIncome0-257
IRS990/NetGainOrLossInvestments/TotalRevenueColumn0-257
IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn042318
IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn01058
IRS990/NetRentalIncomeOrLoss/UnrelatedBusinessRevenue01058
IRS990/NoListedPersonsCompensated0X
IRS990/NonDeductibleContributions0false
IRS990/NumberFormsTransmittedWith109606
IRS990/NumberIndependentVotingMembers010
IRS990/NumberOfEmployees051
IRS990/NumberW2GIncluded00
IRS990/Occupancy/ProgramServices014386
IRS990/Occupancy/Total014386
IRS990/OfficeExpenses/ManagementAndGeneral06389
IRS990/OfficeExpenses/ProgramServices04771
IRS990/OfficeExpenses/Total011160
IRS990/OfficerEntityWithBsnssRltnshp0false
IRS990/OfficerMailingAddress0false
IRS990/Organization501c30X
IRS990/OtherEmployeeBenefits/ManagementAndGeneral02262
IRS990/OtherEmployeeBenefits/ProgramServices021313
IRS990/OtherEmployeeBenefits/Total023575
IRS990/OtherExpensePriorYear0218210
IRS990/OtherExpensesCurrentYear0231493
IRS990/OtherExpenses/Description0TECHNOLOGY EXPENSE
IRS990/OtherExpenses/Description1HOT LUNCH PROGRAM
IRS990/OtherExpenses/Description2EQUIPMENT AND BLDG. R&M
IRS990/OtherExpenses/Description3CUSTODIAL SERVICES
IRS990/OtherExpenses/ProgramServices025308
IRS990/OtherExpenses/ProgramServices123554
IRS990/OtherExpenses/ProgramServices222478
IRS990/OtherExpenses/ProgramServices319166
IRS990/OtherExpenses/Total025308
IRS990/OtherExpenses/Total123554
IRS990/OtherExpenses/Total222478
IRS990/OtherExpenses/Total319166
IRS990/OtherNotesLoansReceivableNet/EOY05792
IRS990/OtherRevenueCurrentYear050239
IRS990/OtherRevenueMisc/Description0UNREALIZED GAIN ON INVESTS
IRS990/OtherRevenueMisc/Description1OTHER INCOME
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome06763
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome1100
IRS990/OtherRevenueMisc/TotalRevenueColumn06763
IRS990/OtherRevenueMisc/TotalRevenueColumn1100
IRS990/OtherRevenuePriorYear040673
IRS990/OtherSalariesAndWages/ManagementAndGeneral058061
IRS990/OtherSalariesAndWages/ProgramServices0546995
IRS990/OtherSalariesAndWages/Total0605056
IRS990/PartialLiquidation0false
IRS990/PayrollTaxes/ManagementAndGeneral04303
IRS990/PayrollTaxes/ProgramServices040541
IRS990/PayrollTaxes/Total044844
IRS990/PermanentlyRestrictedNetAssets/BOY067097
IRS990/PermanentlyRestrictedNetAssets/EOY075553
IRS990/PoliticalActivities0false
IRS990/PrepaidExpensesDeferredCharges/BOY0159
IRS990/PriorExcessBenefitTransaction0false
IRS990/ProfessionalFundraising0false
IRS990/ProgramServiceRevenueCY0880328
IRS990/ProgramServiceRevenue/Description0TUITION AND RELATED FEES
IRS990/ProgramServiceRevenuePriorYear0850900
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome0880328
IRS990/ProgramServiceRevenue/TotalRevenueColumn0880328
IRS990/ProhibitedTaxShelterTrans0false
IRS990/ReconcilationOtherChanges0-28723
IRS990/ReconcilationRevenueExpenses0136492
IRS990/RelatedEntity0false
IRS990/RelatedOrgControlledEntity0false
IRS990/RentalIncomeOrLoss/Real01058
IRS990/ReportFin48Footnote0false
IRS990/ReportInvestOthSecurities0false
IRS990/ReportLandBldgEquip0true
IRS990/ReportOtherAssets0false
IRS990/ReportOtherLiabilities0false
IRS990/ReportProgRelInvest0false
IRS990/RevenuesLessExpensesCY0136492
IRS990/RevenuesLessExpensesPriorYear0113811
IRS990/SalariesEtcCurrentYear0673475
IRS990/SalariesEtcPriorYear0637355
IRS990/SavingsAndTempCashInvestments/BOY0310966
IRS990/SavingsAndTempCashInvestments/EOY0340943
IRS990ScheduleA/School170b1Aii0X
IRS990/ScheduleBRequired0false
IRS990ScheduleD/Buildings/BookValue0502681
IRS990ScheduleD/Buildings/Depreciation0222164
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis0724845
IRS990ScheduleD/Equipment/BookValue027362
IRS990ScheduleD/Equipment/Depreciation050321
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis077683
IRS990ScheduleD/Land/BookValue085600
IRS990ScheduleD/Land/OtherCostOrOtherBasis085600
IRS990ScheduleD/TotalOfBookValueLandBuildings0615643
IRS990ScheduleE/ComplianceWithRevProc75500true
IRS990ScheduleE/DiscriminateRaceAdmissPolicies0false
IRS990ScheduleE/DiscriminateRaceAthleticProg0false
IRS990ScheduleE/DiscriminateRaceEducPolicies0false
IRS990ScheduleE/DiscriminateRaceEmplmnFaculty0false
IRS990ScheduleE/DiscriminateRaceOtherActy0false
IRS990ScheduleE/DiscriminateRaceScholarships0false
IRS990ScheduleE/DiscriminateRaceStudentsRights0false
IRS990ScheduleE/DiscriminateRaceUseOfFclts0false
IRS990ScheduleE/Form990ScheduleEPartII/Explanation0SUMMIT SCHOOLS INC DOES NOT DISCRIMINATE AND HAS PUBLISHED THIS POLICY THROUGH PROMOTIONAL ADVERTISING IN ADDITION THE SCHOOL HAS MANY DIVERSE RACIAL AND ETHNIC GROUPS REPRESENTED IN THE STUDENT POPULATION
IRS990ScheduleE/Form990ScheduleEPartII/Explanation1RACIAL COMPOSITION OF THE STAFF AND STUDENT BODY IS NOT MAINTAINED AT THIS TIME AS IT HAS NOT BEEN REQUESTED BY ANY THIRDPARTIES THE ORGANIZATION IS SMALL SO COMPILATION OF THIS INFORMATION WOULD NOT BE TIMECONSUMING IF REQUESTED
IRS990ScheduleE/Form990ScheduleEPartII/Identifier0PUBLICATION OF NONDISCRIMINATORY POLICY IN MEDIA EXPLANATION
IRS990ScheduleE/Form990ScheduleEPartII/Identifier1LACK OF RECORDS EXPLANATION
IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference0SCHEDULE E LINE 3
IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference1SCHEDULE E LINE 4
IRS990ScheduleE/GovernmentFinancialAidReceived0false
IRS990ScheduleE/GovernmentFinancialAidRevoked0false
IRS990ScheduleE/MaintCopiesOfAllSolicitations0true
IRS990ScheduleE/MaintCopiesOfBrochuresEtc0true
IRS990ScheduleE/MaintRacialCompositionRecords0false
IRS990ScheduleE/MaintScholarshipsRecords0true
IRS990ScheduleE/NondiscriminatoryPolicyStmt0true
IRS990ScheduleE/PolicyPublViaBroadcastMedia0false
IRS990ScheduleE/PolicyStatementInBrochuresEtc0true
IRS990ScheduleG/EventsInformation/DirectExpenseSummaryEvents012799
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent1038734
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent2016383
IRS990ScheduleG/EventsInformation/GrossReceiptsTotal055117
IRS990ScheduleG/EventsInformation/GrossRevenueEvent1038734
IRS990ScheduleG/EventsInformation/GrossRevenueEvent2016383
IRS990ScheduleG/EventsInformation/GrossRevenueTotalEvents055117
IRS990ScheduleG/EventsInformation/NameOfEvent10ADULT SOCIAL
IRS990ScheduleG/EventsInformation/NameOfEvent20FAMILY FUNDRAIS
IRS990ScheduleG/EventsInformation/NetIncomeSummary042318
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent105333
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent207466
IRS990ScheduleG/EventsInformation/OtherDirectExpensesTotalEvents012799
IRS990/ScheduleJRequired0false
IRS990ScheduleO/GeneralExplanation/Explanation0DRAFT COPY OF FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING AND REVIEWED IN DETAIL BY THE ORGANIZATION'S BOOKKEEPER AND HEAD OF SCHOOLS PRIOR TO FILING.
IRS990ScheduleO/GeneralExplanation/Explanation1THE COMPENSATION FOR THE HEAD OF SCHOOLS IS DETERMINED BY THE BOARD OF TRUSTEES ON AN ANNUAL BASIS USING COMPENSATION INFORMATION OBTAINED FROM LOCAL AND REGIONAL ORGANIZATIONS OF SIMILAR SIZE AND PUBLIC SCHOOL DISTRICTS. COMPENSATION IS APPROVED ANNUALLY BY THE BOARD OF TRUSTEES WITH THE ORGANIZATION'S OPERATING BUDGET.
IRS990ScheduleO/GeneralExplanation/Explanation2THE COMPENSATION FOR ALL EMPLOYEES IS DETERMINED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES ON AN ANNUAL BASIS USING COMPENSATION INFORMATION OBTAINED FROM LOCAL AND REGIONAL ORGANIZATIONS OF SIMILAR SIZE AND PUBLIC SCHOOL DISTRICTS. COMPENSATION IS APPROVED ANNUALLY BY THE BOARD OF TRUSTEES WITH THE ORGANIZATION'S OPERATING BUDGET.
IRS990ScheduleO/GeneralExplanation/Explanation3THE ORGANIZATION'S GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH THE SEARCHABLE DATABASE ON THE IOWA SECRETARY OF STATE'S WEBSITE. IN ADDITION, GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S PHYSICAL LOCATION IN CEDAR RAPIDS, IOWA.
IRS990ScheduleO/GeneralExplanation/Explanation4BOOK / TAX DEPRECIATION DIFFERENCE -28,723
IRS990ScheduleO/GeneralExplanation/Identifier0ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier1COMPENSATION PROCESS FOR TOP OFFICIAL
IRS990ScheduleO/GeneralExplanation/Identifier2COMPENSATION PROCESS FOR OFFICERS
IRS990ScheduleO/GeneralExplanation/Identifier3GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
IRS990ScheduleO/GeneralExplanation/Identifier4RECONCILIATION OF CHANGES - OTHER
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART XI, LINE 9
IRS990/ScheduleORequired0true
IRS990/School0true
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false
IRS990/StateLegalDomicile0IA
IRS990/SubjectToProxyTax0false
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBonds0false
IRS990/TemporarilyRestrictedNetAssets/BOY021036
IRS990/TemporarilyRestrictedNetAssets/EOY053328
IRS990/Terminated0false
IRS990/TermOrPermanentEndowments0false
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine101010 REGENT ST NE
IRS990/TheBooksAreInCareOf/AddressUS/City0CEDAR RAPIDS
IRS990/TheBooksAreInCareOf/AddressUS/State0IA
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode052402
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10SUMMIT SCHOOLS INC
IRS990/TheBooksAreInCareOf/TelephoneNumber03192942036
IRS990/TotalAssets/BOY0892618
IRS990/TotalAssetsBOY0892618
IRS990/TotalAssets/EOY01015217
IRS990/TotalAssetsEOY01015217
IRS990/TotalCompGT150K0false
IRS990/TotalContributions0107575
IRS990/TotalExpensesCurrentYear0904968
IRS990/TotalExpensesPriorYear0855565
IRS990/TotalFunctionalExpenses/Fundraising04896
IRS990/TotalFunctionalExpenses/ManagementAndGeneral073648
IRS990/TotalFunctionalExpenses/ProgramServices0826424
IRS990/TotalFunctionalExpenses/Total0904968
IRS990/TotalFundrsngExpCurrentYear04896
IRS990/TotalGrossUBI01058
IRS990/TotalLiabilities/BOY0519468
IRS990/TotalLiabilitiesBOY0519468
IRS990/TotalLiabilities/EOY0534298
IRS990/TotalLiabilitiesEOY0534298
IRS990/TotalLiabNetAssetsFundBalances/BOY0892618
IRS990/TotalLiabNetAssetsFundBalances/EOY01015217
IRS990/TotalNbrEmployees051
IRS990/TotalNetAssetsFundBalances/BOY0373150
IRS990/TotalNetAssetsFundBalances/EOY0480919
IRS990/TotalOtherRevenue06863
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProgramServiceExpense0826424
IRS990/TotalProgramServiceRevenue0880328
IRS990/TotalRevenueCurrentYear01041460
IRS990/TotalRevenuePriorYear0969376
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome0890509
IRS990/TotalRevenue/TotalRevenueColumn01041460
IRS990/TotalRevenue/UnrelatedBusinessRevenue01058
IRS990/TransfersToExemptNonChrtblOrg0false
IRS990/Travel/ManagementAndGeneral02518
IRS990/Travel/ProgramServices046
IRS990/Travel/Total02564
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome0false
IRS990/UnrestrictedNetAssets/BOY0285017
IRS990/UnrestrictedNetAssets/EOY0352038
IRS990/UponRequest0X
IRS990/WebSite0WWW.SUMMITSCHOOLS.COM
IRS990/WhistleblowerPolicy0false
IRS990/YearFormation01998
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0411472874
ReturnHeader/Filer/Name/BusinessNameLine10SUMMIT SCHOOLS INC
ReturnHeader/Filer/NameControl0SUMM
ReturnHeader/Filer/Phone03192942036
ReturnHeader/Filer/USAddress/AddressLine101010 REGENT STREET NE
ReturnHeader/Filer/USAddress/City0CEDAR RAPIDS
ReturnHeader/Filer/USAddress/State0IA
ReturnHeader/Filer/USAddress/ZIPCode052402
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02013-09-24
ReturnHeader/Officer/Name0GRETCHEN PRICE
ReturnHeader/Officer/Phone03192942036
ReturnHeader/Officer/Title0HEAD OF SCHOOLS
ReturnHeader/Preparer/DatePrepared02013-09-30

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,015,217
Liabilities
$534,298
Net assets
$480,919
Revenue
$1,041,460
Expenses
$904,968
Net income
$136,492
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.42$1.36$1.80$1.57$0.23
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.46$1.13$1.49$1.34$0.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.45$0.97$1.30$1.18$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.45$0.85$1.51$1.11$0.40
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.78$0.46$1.03$1.03$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.60$0.44$1.08$1.06$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.55$0.42$1.11$1.05$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.56$0.36$1.07$1.02$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.53$0.31$1.02$0.95$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.53$0.25$0.81$0.86$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.73$0.42$0.31$0.82$0.89$0.06
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.42$0.41$0.89$0.93$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.53$0.48$1.04$0.90$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.52$0.37$0.86
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.53$0.28$0.80