Civic Intelligence

Summit Schools Inc.

990 • Fiscal year 2023 • EIN 41-1472874

Jun 01, 2022 to May 31, 2023 • Filed on Dec 13, 2023

Organization ProfileWWW.SUMMITSCHOOLS.COM

View Organization Page

1010 Regent Street NECedar Rapids, IA 52402

(319) 294-2036

Siviq Scores

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

Liabilities / Assets

76th percentile

0.32x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

75th percentile

0.35x

Higher debt load relative to revenue than 75% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

59th percentile

8.9%

Higher net margin than 59% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

60th percentile

8.6%

Faster asset growth than 60% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

22nd percentile

-14%

Faster revenue growth than 22% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets76th percentile

Assets

Up

$1,418,436

Up $112,340 (+8.6%) from 2022

Net Assets

Up

$969,492

Up $115,017 (+13%) from 2022

Liabilities

Down

$448,944

Down $2,677 (-0.6%) from 2022

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin59th percentile

Revenue

Down

$1,298,673

Down $206,407 (-14%) from 2022

Expenses

Up

$1,183,656

Up $75,512 (+6.8%) from 2022

Net Income

Down

$115,017

Down $281,919 (-71%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth60th 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

2023

Assets$1,418,436
Liabilities$448,944
Net Assets$969,492
Open 2023 Filing

Operations Trend

Revenue Growth22nd percentile

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

2023

Revenue$1,298,673
Expenses$1,183,656
Net Income$115,017
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2022 to May 31, 2023
Signed
Dec 13, 2023
Return Version
2022v5.0
Gross Receipts
$1,298,272
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$617,826$713,195▲ $95,369
Land, Buildings, and Equipment, Net$410,564$410,148▼ $416
Cash and Non-Interest-Bearing Accounts$229,962$275,340▲ $45,378
Accounts Receivable$44,082$13,416▼ $30,666
Prepaid Expenses and Deferred Charges$3,662$6,337▲ $2,675
Total Assets$1,306,096$1,418,436▲ $112,340
Liabilities
Deferred Revenue$208,097$217,918▲ $9,821
Mortgage Notes Payable Secured by Investment Property$196,584$185,530▼ $11,054
Accounts Payable and Accrued Expenses$46,053$43,669▼ $2,384
Other Liabilities$887$1,827▲ $940
Total Liabilities$451,621$448,944▼ $2,677
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$616,851$738,080▲ $121,229
Net Assets With Donor Restrictions$237,624$231,412▼ $6,212
Total Net Assets Fund Balance$854,475$969,492▲ $115,017
Total Liabilities and Net Assets / Fund Balance$1,306,096$1,418,436▲ $112,340

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$290,235$410,336$700,571
Equipment$34,313$113,185$147,498
Land$85,600-$85,600
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Laurene LanichPresident
Armond DawsonBoard Member
Cassie MitvalskyBoard Member
Chris GrawBoard Member
Dan ClarkBoard Member
Grant LuebeBoard Member
Molly SmithBoard Member
Paly AfridiBoard Member
Ashley BalsterSecretary
Camron DevorTreasurer
Theresa FettketherVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$162,347
Program Service Revenue
$1,093,009
Investment Income
$13,603
Other Revenue
$29,714
All Other Contributions
$162,347
Change in Net Assets
$115,017
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$944,440
Other Expenses$239,216
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$760,979$79,947-$840,926
Payroll Taxes$56,949$5,983-$62,932
All Other Expenses$47,017--$47,017
Other Employee Benefits$36,724$3,858-$40,582
Depreciation Depletion$30,129--$30,129
Insurance$24,521--$24,521
Occupancy$19,404--$19,404
Other Expenses$16,037--$16,037
Fees for Services Accounting$13,000--$13,000
Advertising$8,509--$8,509
Interest$7,624--$7,624
Office Expenses$3,451$1,881-$5,332
Conferences and Meetings$3,294--$3,294
Fees for Services Legal$602--$602
Total Functional Expenses$1,091,987$91,669$0$1,183,656
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$37,140
Fundraising Direct Expenses$2,178
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Adult Social$37,140$37,140$2,178$34,962
Total Events$37,140$37,140$2,178$34,962
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pto Funds$939
Yearbook Club$888
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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 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.”

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

“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.”

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

“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.”

Form 990, Page 6, Part VI, Line 19

“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.”

Filing and Contact Details

Filer

Filer Name
Summit Schools Inc
EIN
41-1472874
Phone
3192942036
Address
1010 REGENT STREET NE, CEDAR RAPIDS, IA 52402

Signing Officer

Name
Larisa Bickel
Title
School Director
Phone
3192942036
Signed
2023-12-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larisa Bickel
Formed
1998
Legal Domicile
Ia
Voting Board Members
11
Independent Board Members
11
Employees
52
Volunteers
120

Preparer

Firm
Bghn Associates Pc
Address
1845 51ST ST NE, CEDAR RAPIDS, IA 52402
Preparer
Kirt T Norris
Phone
3193668400
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0760979
IRS990/OtherSalariesAndWagesGrp/TotalAmt0840926
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05983
IRS990/PayrollTaxesGrp/ProgramServicesAmt056949
IRS990/PayrollTaxesGrp/TotalAmt062932
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03662
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06337
IRS990/PrincipalOfficerNm0LARISA BICKEL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND RELATED FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01093009
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01093009
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0117403
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt014098
IRS990/PYOtherExpensesAmt0196432
IRS990/PYOtherRevenueAmt0333556
IRS990/PYProgramServiceRevenueAmt01040023
IRS990/PYRevenuesLessExpensesAmt0396936
IRS990/PYSalariesCompEmpBnftPaidAmt0911712
IRS990/PYTotalExpensesAmt01108144
IRS990/PYTotalRevenueAmt01505080
IRS990/ReconcilationRevenueExpnssAmt0115017
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt02579
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01093009
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0617826
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0713195
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0290235
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0410336
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0700571
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt034313
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0113185
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0147498
IRS990ScheduleD/LandGrp/BookValueAmt085600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt085600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0939
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1888
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PTO FUNDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1YEARBOOK CLUB
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0410148
IRS990ScheduleD/TotalLiabilityAmt01827
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/MaintainRacialCompRecsInd0false
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0SUMMIT 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/ExplanationTxt1RACIAL 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/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 4
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt02178
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ADULT SOCIAL
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt037140
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt037140
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt037140
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt037140
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt034962
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02178
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02178
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DRAFT 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/ExplanationTxt1THE 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/ExplanationTxt2THE 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/ExplanationTxt3THE 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/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01306096
IRS990/TotalAssetsEOYAmt01418436
IRS990/TotalAssetsGrp/BOYAmt01306096
IRS990/TotalAssetsGrp/EOYAmt01418436
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0162347
IRS990/TotalEmployeeCnt052
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt091669
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01091987
IRS990/TotalFunctionalExpensesGrp/TotalAmt01183656
IRS990/TotalGrossUBIAmt02579
IRS990/TotalLiabilitiesBOYAmt0451621
IRS990/TotalLiabilitiesEOYAmt0448944
IRS990/TotalLiabilitiesGrp/BOYAmt0451621
IRS990/TotalLiabilitiesGrp/EOYAmt0448944
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0854475
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0969492
IRS990/TotalProgramServiceExpensesAmt01091987
IRS990/TotalProgramServiceRevenueAmt01093009
IRS990/TotalRevenueGrp/ExclusionAmt013603
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01085182
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01298673
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt02579
IRS990/TotalVolunteersCnt0120
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01306096
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01418436
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01010 REGENT STREET NE
IRS990/USAddress/CityNm0CEDAR RAPIDS
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052402
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.SUMMITSCHOOLS.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LARISA BICKEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SCHOOL DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03192942036
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-12-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SUMMIT SCHOOLS INC
ReturnHeader/Filer/BusinessNameControlTxt0SUMM
ReturnHeader/Filer/EIN0411472874
ReturnHeader/Filer/PhoneNum03192942036
ReturnHeader/Filer/USAddress/AddressLine1Txt01010 REGENT STREET NE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,418,436
Liabilities
$448,944
Net assets
$969,492
Revenue
$1,298,673
Expenses
$1,183,656
Net income
$115,017
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
2023Detailed filing. Detailed filing data is available for this year.$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