Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
Liabilities / Revenue
73rd percentile
Higher debt load relative to revenue than 73% of similar nonprofits.
Net Margin
77th percentile
Higher net margin than 77% of similar nonprofits.
Top Officer Pay
39th percentile
Higher top officer pay than 39% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
61st percentile
Faster asset growth than 61% of similar nonprofits.
Revenue Growth
81st percentile
Faster revenue growth than 81% of similar nonprofits.
Assets
Up$1,306,096
Up $73,895 (+6.0%) from 2021
Net Assets
Up$854,475
Up $398,087 (+87%) from 2021
Liabilities
Down$451,621
Down $324,192 (-42%) from 2021
Revenue
Up$1,505,080
Up $472,378 (+46%) from 2021
Expenses
Up$1,108,144
Up $77,976 (+7.6%) from 2021
Net Income
Up$396,936
Up $394,402 (+15564%) from 2021
To assist children in reaching their fullest potential through quality academic education.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $514,235 | $617,826 | ▲ $103,591 |
| Land, Buildings, and Equipment, Net | $415,838 | $410,564 | ▼ $5,274 |
| Cash and Non-Interest-Bearing Accounts | $272,374 | $229,962 | ▼ $42,412 |
| Accounts Receivable | $22,392 | $44,082 | ▲ $21,690 |
| Prepaid Expenses and Deferred Charges | $7,362 | $3,662 | ▼ $3,700 |
| Total Assets | $1,232,201 | $1,306,096 | ▲ $73,895 |
| Liabilities | |||
| Deferred Revenue | $208,140 | $208,097 | ▼ $43 |
| Mortgage Notes Payable Secured by Investment Property | $523,262 | $196,584 | ▼ $326,678 |
| Accounts Payable and Accrued Expenses | $44,411 | $46,053 | ▲ $1,642 |
| Other Liabilities | - | $887 | - |
| Total Liabilities | $775,813 | $451,621 | ▼ $324,192 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $194,399 | $616,851 | ▲ $422,452 |
| Net Assets With Donor Restrictions | $261,989 | $237,624 | ▼ $24,365 |
| Total Net Assets Fund Balance | $456,388 | $854,475 | ▲ $398,087 |
| Total Liabilities and Net Assets / Fund Balance | $1,232,201 | $1,306,096 | ▲ $73,895 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $304,601 | $388,103 | $692,704 |
| Equipment | $20,363 | $105,289 | $125,652 |
| Land | $85,600 | - | $85,600 |
| Name | Title |
|---|---|
| Dan Clark | President |
| Ashley Balster | Board Member |
| Cassie Mitvalsky | Board Member |
| Chris Graw | Board Member |
| Grant Luebe | Board Member |
| Paly Afridi | Secretary |
| Camron Devor | Treasurer |
| Laurene Lanich | Vice Preside |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $911,712 |
| Other Expenses | $196,432 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $730,769 | $81,763 | - | $812,532 |
| Payroll Taxes | $54,933 | $6,146 | - | $61,079 |
| Other Employee Benefits | $34,267 | $3,834 | - | $38,101 |
| All Other Expenses | $31,503 | - | - | $31,503 |
| Depreciation Depletion | $28,350 | - | - | $28,350 |
| Insurance | $21,632 | - | - | $21,632 |
| Occupancy | $16,048 | - | - | $16,048 |
| Other Expenses | $11,336 | - | - | $11,336 |
| Fees for Services Accounting | $10,700 | - | - | $10,700 |
| Advertising | $9,747 | - | - | $9,747 |
| Interest | $8,194 | - | - | $8,194 |
| Office Expenses | $3,593 | $1,349 | - | $4,942 |
| Conferences and Meetings | $2,497 | - | - | $2,497 |
| Fees for Services Legal | $297 | - | - | $297 |
| Total Functional Expenses | $1,015,052 | $93,092 | $0 | $1,108,144 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $40,492 |
| Fundraising Direct Expenses | $992 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Adult Social | $40,492 | $40,492 | $992 | $39,500 |
| Total Events | $40,492 | $40,492 | $992 | $39,500 |
| Liability | Amount |
|---|---|
| Pto Funds | $887 |
“Draft 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.”
“The 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.”
“The 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.”
“The 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.”
“Book / tax depreciation difference 1,151”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 44411 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 46053 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 22392 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 44082 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO ASSIST CHILDREN IN REACHING THEIR FULLEST POTENTIAL THROUGH QUALITY ACADEMIC EDUCATION. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 9747 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 9747 |
| IRS990/AllOtherContributionsAmt | 0 | 115388 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 31503 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 31503 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | SUMMIT SCHOOLS INC |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3192942036 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1010 REGENT ST NE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | CEDAR RAPIDS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 52402 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 272374 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 229962 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 2497 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 2497 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 117403 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 14098 |
| IRS990/CYOtherExpensesAmt | 0 | 196432 |
| IRS990/CYOtherRevenueAmt | 0 | 333556 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1040023 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 396936 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 911712 |
| IRS990/CYTotalExpensesAmt | 0 | 1108144 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1505080 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 208140 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 208097 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 28350 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 28350 |
| IRS990/Desc | 0 | TO ENABLE EACH CHILD TO BECOME FULLY FUNCTIONAL, RESPONSIBLE, PRODUCTIVE AND CONTRIBUTING MEMBERS OF SOCIETY. TO ACCOMPLISH THIS, THE SCHOOL WILL OFFER EDUCATIONAL PROGRAMS OF THE HIGHEST ATTAINABLE QUALITY. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 261989 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 237624 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | true |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 53 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 1015052 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 10700 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 10700 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 297 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 297 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | PALY AFRIDI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ASHLEY BALSTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DAN CLARK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | CAMRON DEVOR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | CHRIS GRAW |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | LAURENE LANICH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | GRANT LUEBE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | CASSIE MITVALSKY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | VICE PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1998 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | true |
| IRS990/FundraisingDirectExpensesAmt | 0 | 992 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 40492 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GovernmentGrantsAmt | 0 | 2015 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 1508924 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 21632 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 21632 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 8194 |
| IRS990/InterestGrp/TotalAmt | 0 | 8194 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 14098 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 14098 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 6 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 493392 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 415838 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 410564 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 903956 |
| IRS990/LegalDomicileStateCd | 0 | IA |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 2852 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO ASSIST CHILDREN IN REACHING THEIR FULLEST POTENTIAL THROUGH QUALITY ACADEMIC EDUCATION. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 523262 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 196584 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 456388 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 854475 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 39500 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -2852 |
| IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt | 0 | -2852 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 194399 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 616851 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 16048 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 16048 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 1349 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 3593 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 4942 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 1151 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 3834 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 34267 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 38101 |
| IRS990/OtherExpensesGrp/Desc | 0 | HOT LUNCH PROGRAM |
| IRS990/OtherExpensesGrp/Desc | 1 | EQUIPMENT AND BLDG R&M |
| IRS990/OtherExpensesGrp/Desc | 2 | CLASSROOM MATERIALS |
| IRS990/OtherExpensesGrp/Desc | 3 | ASSESSMENT & EX. DAY SUPP |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 18579 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 17867 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 14740 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 11336 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 18579 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 17867 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 14740 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 11336 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 887 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER INCOME |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | UNREALIZED LOSS ON INVESTS |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 325207 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | -28299 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 325207 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | -28299 |
| IRS990/OtherRevenueTotalAmt | 0 | 296908 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 81763 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 730769 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 812532 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 6146 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 54933 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 61079 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 7362 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 3662 |
| IRS990/PrincipalOfficerNm | 0 | LARISA BICKEL |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TUITION AND RELATED FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1040023 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1040023 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 82530 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 9719 |
| IRS990/PYOtherExpensesAmt | 0 | 221931 |
| IRS990/PYOtherRevenueAmt | 0 | 166949 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 773504 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 2534 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 808237 |
| IRS990/PYTotalExpensesAmt | 0 | 1030168 |
| IRS990/PYTotalRevenueAmt | 0 | 1032702 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 396936 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | -2852 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 1040023 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 514235 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 617826 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 304601 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 388103 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 692704 |
| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | false |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 20363 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 105289 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 125652 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 85600 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 85600 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 887 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | PTO FUNDS |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 410564 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 887 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | false |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | false |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | SUMMIT 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/SupplementalInformationDetail/ExplanationTxt | 1 | RACIAL COMPOSITION OF THE STAFF AND STUDENT BODY IS NOT MAINTAINED AT THIS TIME AS IT HAS NOT BEEN REQUESTED BY ANY THIRD-PARTIES. THE ORGANIZATION IS SMALL SO COMPILATION OF THIS INFORMATION WOULD NOT BE TIME-CONSUMING IF REQUESTED. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, LINE 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE E, LINE 4 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 992 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | ADULT SOCIAL |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 40492 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 40492 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 40492 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 40492 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 39500 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 992 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 992 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DRAFT 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/SupplementalInformationDetail/ExplanationTxt | 1 | THE 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/SupplementalInformationDetail/ExplanationTxt | 2 | THE 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/SupplementalInformationDetail/ExplanationTxt | 3 | THE 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/SupplementalInformationDetail/ExplanationTxt | 4 | BOOK / TAX DEPRECIATION DIFFERENCE 1,151 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XI, LINE 9 |
| IRS990/SchoolOperatingInd | 0 | true |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 1232201 |
| IRS990/TotalAssetsEOYAmt | 0 | 1306096 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1232201 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1306096 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 117403 |
| IRS990/TotalEmployeeCnt | 0 | 53 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 93092 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1015052 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1108144 |
| IRS990/TotalGrossUBIAmt | 0 | -2852 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 775813 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 451621 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 775813 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 451621 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 456388 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 854475 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1015052 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 1040023 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 14098 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1336931 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1505080 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | -2852 |
| IRS990/TotalVolunteersCnt | 0 | 36 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1232201 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1306096 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1010 REGENT STREET NE |
| IRS990/USAddress/CityNm | 0 | CEDAR RAPIDS |
| IRS990/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990/USAddress/ZIPCd | 0 | 52402 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 8 |
| IRS990/VotingMembersIndependentCnt | 0 | 8 |
| IRS990/WebsiteAddressTxt | 0 | WWW.SUMMITSCHOOLS.COM |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LARISA BICKEL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SCHOOL DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3192942036 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-11-30 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SUMMIT SCHOOLS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SUMM |
| ReturnHeader/Filer/EIN | 0 | 411472874 |
| ReturnHeader/Filer/PhoneNum | 0 | 3192942036 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1010 REGENT STREET NE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CEDAR RAPIDS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 52402 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 421508032 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BGHN ASSOCIATES PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1845 51ST ST NE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CEDAR RAPIDS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 52402 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3193668400 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-12-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KIRT T NORRIS |
| ReturnHeader/ReturnTs | 0 | 2022-12-12T09:09:17-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | LARISA |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | BICKEL |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.